St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-27
IRREGULAR IN ACTION
INT Was the Condition OF the
Weaker Chicago Speeula-
tive Markets.
- Local Feeling Was Bear
isl, but the Bulls Got in
Their Work.
Corn Being Manipulated by
the Clique--ProviSions a
Little Higher.
Jail Street Stocks Continue
Strong and Progressing
Upward.

C.3.CAco. Arg. 2j.-The speculative mar
kaIs on change to-day acted irregularly, with
rain averaging weaker and provisions
rner Trading was fairly active, and the
io,. feeling i'll corn and wheat bearish. but
silr s.9rtled on receipt Of tny bulltsh news.
.-2wqr CABLES from Liverpool and weak DO
este markets, togeiher with the nervous
- cf i,n;oerse receipts, were weakening
: eos, and caused a V eak and lower open
2 fer wheat. December started at S1.04l20
..04&4. ard sold off to S1.O4A. New York
IS credi cd with being a liberal seller, as
IS also been the Northwest, in anticipation
big deliveries III that quarter. Offers were
,eaGily absorbed, however, and early sellers
we're soon fighting to get back the wheat they
had parted with, and giving the bulls
nance 10 get in their work.
! Paris cable quoted that market higher,
and report was started that there were lib
raj buying orders from the continent The
late INSPECTOR Of Minnesota was also re-
orted as saying that the frost damage in the
southwest was probably much greater than
eaerallv thought Bradstreet reported that
ne available supply east of the Rockies had
decreased 81. 900 bu during the week, though
he supply on the Pacific coast had increased
.,O000 bu. These were regarded as bulllsh
-ct0rS and the market soon began TO display
ouch strength. and December improved 1l2c,
cling up TO SIO5l2. then broke and fell 10
,LCs5s back and forth, a nervous feeling
cling apparent on the part OF the traders who
-gere apprehensive over the effect OF large de-
.iveTies of grain in the Northwest. Another
old wave was reported from the Northwest,
18th the mercury lowering near the frost
ne heat again had bulge, December
eIling TO Sl.C5S4 off tO,and closing at Sl.04l2.
The action i'll corn to-day was almost
-epetition of yesterday, though on smaller
Gale 7 he clique let the crowd sell Them
elves very short, then supplied their neces-
lies al higher prices. The market was quiet
md easy during the first hour The anucl-
alton of big receipts and the facts that to-
avs arrivals exceeded the estimate, being
% cars. and lack OF stimulating news and
rost were the bear factors. September
-iarted at 6.34c and october 55l2c; sold down
. 5e7sc early. rallied and held steady until
later on, when a sudden jump i'll wheat
raused a scare among the corn shorts. and
september made quick squirt TO 66c and
OCTOBER went to 6GAc. The clique then be-
an to sell and there was rapid brock to
lac for September and 59c for October.
eptember closed at 64s4c and october at
s1sc.
oats were again weakened by large re-
:-eipts, the arrivals reaching 322 cars. The
market was rather quiet with sales OF Sep
ember at 3CSS@l3GS4c. closing at 3C5Sc; May
sold at 3. 7SGl34Ac. Rye ruled quiet, with
lash lots firm ana options weakening about
tac from Yesterdays closing figures. Re-
,eipts continue heavy, 1G5 being reported to-
;ay; so = sold at 94l2094s4c, and September
It y S4Gl94c, and closed at 95I2c.
Provisions were only fairly active and
nrices were generally easier. Lard and ribs,
well Is pork, sold considerably lower
.-urly hogs being 5@1Ge cheaper, but subse
uently values rose in response to a better
luuiry Poole changed fully 10000 bbls of
9rk, buying September and Selling October.
gmour and CUdahy were sellers of January
ork. October opened at Sl0.2j sold at
.e-7I2. broke to S10.27I2 back to Sl01Tl2.
acl 10 Sl0-7I2 and at L o'clock was Sl0.25.
ard firm at S6.G506.O0 for October. Ribs
sold from Sd.6zl2 to S672l2 for October. Re
,eipts-Wheat, at II points. ., Isl, $40 bu; corn,
213.3 bu hipments-Wheat l, 421, 726 bu;
corn. "a Coo b. Estimated receipts here to-
morrow, wheat $50 cars; corn, 80 cars; oats
"A ears.
The leading futures ranged as follows: