St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-10-26
FIRM TONE IN WHEAT.
Fluctuations in Chicago Trad
ing Pit We're Extremely
Limited.
Business Was Slack, With a
Steady, Strong Feeling
All Around.
Dealings in Germ We're Also
Ruled by a Feeling OF
Confidence.
A Firm Tone and Moderate
Fluctuations in Wall Street
Markets.

chicago Oct "a Wheat VAS fluctuating
md somewhat weaker at times to-day, as
trade was mostly local 1t presented rather
firm front most of the day. but held very
steady, the general fluctuation covering Il
range of only I2c. with the great bulk OF the
trading at 5ss0955sc Business was very
slack as a rule, pat despite this steady,
strong feeling was maintained most CT the
day Both the bulls ana the bears were able
10 extract some comfort from the news.
II was clear. fine weather in the Northwest
with liberal receipts at Duluth and Minneap-
oils, and more moisture was reported in the
winter wheat country, and King. of Toledo,
wired that his returns from nearly 2,50o
points showed a very considerable increase
in the wintet wheat seeding. The exports
for the week salso show a decrease of nearly
100000 bu from the week previous, and
with the literal receipts point TO large in
crease in the visible supply. On the bull
side was strong and higher English cables.
more actjI1.y in New York, Where foreign
erS were said 20 lie heavy buyers. and nu-
merous cable ncceptances on offers made
last night we're reported. There was also
what claimed 10 be official confirmation ef
the reported Russian prohibition OF cats.
corn and barley, and growing feeling that
wheat would be the victim of the next en-
barge,
All this tended to keen the shorts nervous
RnG ANXIOUS ana Tor :; illne kept lDe pear
influences i'll the background. Logan. CIT
ford, Minnie Bodman and Schwartz Du-
pee were good buyers e'Tly. ard December
sold from 95ssn TO @ - Later New York
turned weak and dropped of one-h"lf cent.
and the selling here become rather urgent,
when December went To Ml4c. bGi quickly
reacted and held around o. lsG13 Iac then
became heavy and sold 10 &c and ., -. and
al l. O'Clock was about 9ssc. against 5Jl2c at
the close yesterday. The market kept quiet
and easy during The last hour and around
9j1sc and at clock was about 9ji5c.
Corn showed llttla more strength early III
the session and made some advance, May
getting the most benefit with year next in
line. but TIE receipts Icing some thirty cars
larger than expected. and ninetySiX of new
corn on the inspection sheet, the offerings
were liberal and there was some decline.
The bull feeling has evidently lost a good
portion of its vigoT. and the most eXcitable
and nervous shorts have apparently covered.
The prominent bulls of yesterday were doing
but lille today. steady, qmet feeling
ruled during the last hour, with November
around 501sGo50I4c and May 4essc. November
corn sold from 5GSSc to 3 53c. broke 10 sec,
and ut u O'Clock was 5GlSc. May sold up
from i2Ac TO 4&34c, and broke TO 42l2c. March
sold from 41i4c to iSsc and off 10 44Ssc.
Oats started rather firm: November selling
from i 10 81 &c, and May from 3lSIc up 10
sc but the demend was sluggish, the export
business light. The feeling weakened some
during the last hours. November selling off
10 q 5sc. and May 10 3ll2c, and at l O'Clock
November as 2g24c with May 3Issc.
Hog products were easy early in the ses-
sion. but finally turned strong. but the
strength was not all held. January pork
sold from Sl1.3 .l2 to $ll.21I2 back to S1l.37.
and at II O'Clock was Sll.3-l2. January lard
sold al $50; @6.a7l2. and January ribs at
S5S7la@a.9f. During the later part of the
session. Charley Wright began to cover a lib
eral short line, and January pork advanced
TO Sll.5o, eased off, and at l o'clock was
about S1l.4-l2. January lard sold up to
S5!5 and January ribs to S3.97l2. At l
O'Clock January lard was Sj.42l2, and Jan
uary ribs Sj.95.
The leading futures range1 as follows: