St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-11-27
FAVORED The BEARS
Dropping Prices Marked the
Close Of the Week on Chi
cago Change.
Wheat Started a Trifls High
err, but Soon the Price
Fell of. sns @
Provisions Take on Lower
Values During the Last
Half Hour.
Stock Speculation on Wall
Street Controlled by
Bear Forces.

CHICAGO, Nov. &c. Dropping prices marked
the close of the week. Tonight compared
with last. wheat is A0ssc lower. and corn
about Ac, while prov isions within half an
hour of the close dropped gain they had
secured earlier.
There was little firmness in wheat at the
start. due largely to brisk buying by Lamson,
and prices improved trifie, but on the ad-
vance the selling became liberal, and. there
being little bullish news to support the
MARKET the price gradually fell off. The re-
ceipts in the Northwest were generous. ana
Prime reported the condition of the winter
wheat as satisfactory. The offerings OF De-
cember were unusually heavy, and did much
to cause the weakness as the discount on
May was at one time nearly &C. Changing
December TO May was carried on very eX-
tensively. Walker and Wrenn changed fully
100000 blu.
The exports from both coasts were again
liberal amounting to 3,465,000 bu against
3g44, 600 Blu the previous week. and 4.CS?,00J
bu for the corresponding week last year.
The available stocks in the United states
and Canada were reported at lul.OUl,Oo1 pi'
1t was estimated that the visible supply
would show an increase of about 100o.000 to
1.500,0U0 bu. The opening was ABOUT lne
same as yesterdays closing to 1Sc higher; de-
clined 12c then rallied SSc. again became
weak prices declining 3St0l2c. ruled steamer
duQ IilG ClOSlDS Mtto WI hOi AOA
and Ac lower for December. and Ac lower
for May delivery.
lnitial trades in corn were at aboutyester-
days final figures. but soon sold off SSc. IN
hueneed some by the action of wheat AT
the decline the demand improved, and, the
car lots for Monday coming in light at l29
cars, prices reacted, recovering the early
break, changed but little, ruled easy, ana
closed with about Ac lower. Trading was
mostly of alping character.
In oats there was little changing from
December TO January at lie, and to May at &C.
Prices had 4c range, and the close was easy
at 1sG14c decline from yesterday.
Provisions showed decided strength for
time Steever, presumably acting for Cud-
ahy, was a large buyer of May pork, and at
times provisions generally were bought
freely by brokers who usually act for Ar
mour. A rise of 1 shilling i'll lard in the
Liverpool market started prices up here Tor
that staple, and the entire market responded
to local advance of &c per 100 pounds in
hogs. During the latter part OF the session
prices declined on larger offerings and re-
duced demand. The estimated hog supply
for the coming week favors only moderate
offerings. in marked contrast with the enor-
nous receipts for the corresponding week OF
1891. Price changes were confined within
range of 2Gc. Snc .h.''i
Freights were slow, with very little vessel
room offered Rates were firm, .l2c being
paid for corn to Buffalo Estimated receipts
for Monday: Wheat, 1876 cars: cord 125 cars;
OATS 13C cars; hogs, $1,000 head.
The leading futures ranged as follows: