St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-10-25
FIRM TONE IN WHEAT.
Fluctuations in Chicago Trad
ing Pit We're Extremely
Limited.
Business Was Slack, With a
Steady, Strong Feeling 4.
All Around.
Dealings in Corn We're Also
Ruled by a Feeling OF
Confidence.
A Firm Tone and Moderate
Fluctuations in Wall Street
Markets.

Chicago. Oct 24-Wheat was fluctuadng
and 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 fuctuation covering
range of only Ice. with the great bulk OF the
t.ading at 95Ss0955sc. Business was very
slack. as a rule, put despite this steady,
f.rong feeling was maintained most OF the
day Both the bulls ana the bears were able
% extract some comfort from the news.
1t was clear fine weather in the Northwest
nth liberal receipts at Duluth and Mlnneap-
oils, and more moistu- was reported IN the
winter wheat country and King, OF Toledo,
wired that his returns from nearly $500
points showed a very considerable increase
in the winter wheat seeding. The exports
Cor the week Ealso show a decrease of nearly
10000 bu from the week previous, and
with the liberal receipts point to large in,
crease in the visible supply. On the bull
side was strong and higher English cables,
more activity in New York, where Foreign
ars were said to be heavy buyers. ard nu-
merous cable acceptances OH offers made
last night were reported. 1here was also
what claimed 10 be official confirmation OF
he reported Russian prohibition OF oats.
corn and barley, and growing leellnS thnt
wheat would be the victim OF the next en-
All this tended to keep the shorts nervous
and anxious and for n time Kept the bear
influences in the background. Logan. Git
ford MiImine Bodmau and Schwartz Du-
pee were good buyers early, and December
sold from 95ssc 10 9j54. Later New York
armed weak and dropped off one-halt cent
ind the selling here become rather urgent,
then December went 10 93Ac. but quickly
reacted and held around 95lsGl93l2c. then
recame heavy and sold to 95c and 95lsc. and
- u O'Clock was about 95Ssc, against 95i2c at
Iae close yesterday. The market kept quiet
al, h. nyN1 FnrIrN II
sjI4c and at o clock was about 95lsc.
Corn showed littla more strength early in
he session and made some advance, May
getting the most benefit. with year next in
line. but the receipts being some thirty cars
larger than expected. and ninety-six OF new
corn on the inspection sheet the offerings
were liberal and there was some decline
The bnll feeling has evidently lost good
portion of its vigor, and The most eXeltabIe
and nervous shorts have apparently covered.
The prominent bulls of yesterday were doing
but little to-day. \ steady, quiet feeling
ruled during the last hour. with November
around 50Is@50kc and May 1880. November
corn sold from 5OsSc 10 5, sac. broke 10 sec,
and at II O'Clock was 50lsc. May sold up
from 424c TO 1890, aud broke to 42l2c. March
Eold from 44Ec to 4iasc and off 10 4iSsc.
Oats started rather firm; November selling
from &c to 3O14c and May from 3lBlc up to
sc, but the demend was sluggish, the export
business light The feeling weakened some
during the last hours November selling off
TO 2g5sc, and May 10 3ll2c, and at l o'clock
November was 2gs4c with May 3l5sc,
Hog products were easy early in the ses-
sion. but finally turned strong, but the
strength wgs not ell held. January por!k
sold from Sll3.l3 to Sll.2;l2. back to Sll.3l
and at Il O'Clock was Sll.3.l2. January lard
sold at S5.3506.37l2 and January ribs at
Sj.S7laG15.9l. During the later part of the
session. Charley Wright began to cover lib
eral short line, and January pork advanced
10 S1l.50, eased Off and mt l o'clock was
about 1l.42la. January lard sold up 10
S645, and January ribs to S5.91l2. At l
o'clock January lard was Sj.42l2, aud JAN
nary ribs S5.95.
The leading futures ranged as follows: