St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-11-05
WHEAT IS REC0vERING
Part Of Mondays Decline Was
Regained on Chicago
Change.
Home Influences Were the
Governing Factors in All
the Trading.
Corn and Oats Strong, and
Hog Products Considera-
bly, Higher.
Strength and Weakness Al
ternated in the Trading on
Wall Street.

CHICAGO. Nov. 4.-The feeling in the wheat
market to-day was stronger ana part of the
decline Of Monday was recovered. The
market was governed mainly by home in
fluence. Operators had expected that the
cloudy weather would result in bringing rain
in the winter wheat districts, but advices
from those sections brought only slight
showers, and not enough, it was thought, to
do much good to the growing crop. 1t
started some local buying, also brought i'll
some outside buying orders. and some of the
shorts took to covering. Liverpool was l201
penny higher; London. unchanged; Berlin
l2c per bushel lower and Paris, Iss1l34c per
bushel lower. The Millers' association, OF
Leeds, Eng, advanced the price of -four
Is Cd. The quantity of wheat and flour on
ocean passage decreased $4,000 bushels
Indla shipments were 26l0)0 bushels larger
than the preceding week.
1t was rumored that the Russian govern
ment was about to issue an order prohibiting
the expectation of wheat and wheat prod
ucts. New York reported eighteen loads
taken for export and eleven loads at out
ports. Milwaukee reported $1,000 bu sold
there for export. There was a little better
shipping demand for wheat and freight room
for l5S.0G0 bu was engaged, Arrivals in the
Northwest were liberal. Receipts at Duluth
were 653 cars and Minneapolis 404 cars.
total OF 1,O11 cars, against 1,y27 cars Monday
and 1887 cars year ago. Local receipts
were 1.024 cars, of which 210 cars were con
tract grade; Withdrawals from store, 80, on.
Receipts a all points aggregated 3,iS5924 bu
and shipments from same were 1850, 779 bu.
The export clearanceS from four ports were
$4,000 barrels of -four and 3547S6 bush
els of wheat. In addition, New Or cans
shipped 1913 bu. The opening was shade
better than Mondays closing, but prices
quickly recedcd about 14c then became
firmer and prices were advanced lac, ruled
steady and closed about 1MIIsc higher than
Monday closing figures.
Corn opened firm and sold up some, but
November afterward turned weak while May
kept very strong. There was not much in
the way of news. but the hog receipts had a
tendency to weaken the near futures. No
vember sold up to 52l2c, broke to 5l7Sc, re-
acted some. and at l. o'clock was 52c May
sold from 43 to 43lac, and at - o'clock was
43Ssc. During the last hour corn made
sharp advance. November selling up 10 525s
Gl5&S4c, year to 457S@i6c. and May to 435sc.
but there was a slight reaction later. The
advance was due TO active buying by Boyden,
Bartlett Frazier, Patton Bros, and others.
Cash corn started at 54l2c, but sold up to SIC
for car lots.
Oats were strong: November selling from
30l2 to Bic, and at - o'clock was 307sc: May
ranged at 4l7S TO 324c The market finally
turned rather buoyant. and OH good buying
by Counselman, Bartlett Frazier Patton
Bros. and others; December advanced to
3lSsc. aud May 32sS9D32s4c, split; but eased
off some
Hog products higher on the small stocks of
lard and rib, and the firmer live hog market.
and at l. o'clock was Sl1.39. January sold
SIS. '--|- -'N0 - w. '-
The leading futures ranged as follows: