St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-11-26
PRICES WHIRlED IT, l;r
Profits Blown Into Bulls
Pockets by the Snow and
Sleet Storm.
1t Is Reported That North
western Deliveries Will
Be Curtailed.
Lowest Prices in Pro visions
for the Day Made at
the Opening.
Railway Stocks in Wall Street
Weak From Start to
Finish.

ChfcAGo Nov. 25-The snow and sleet
throughout the West whirled prices up today,
particularly for grain. Wheat advanced lc.
corn from 7Sc 10 lc, and oats l2c. Provisions
opened easier but closed very firm at some
advance.
While the early sales of wheat were close
to the last prices of Wednesday, the demand
soon Lecame brisk. and there was a steady
advance. The market got most of its
strength from the liberal ciearances which
were reported from New York-over 100000
bu for Wednesday-au reports of storms of
SNOW and sleet in the Northwest, which We're
expected 20 cut off deliveries there. Late
cables were also shade finer, and good
buying orders were OH the market for New
York operators.
The local crowd had apparently sold short
on the decided weakness which ruled on
Wednesday, and On the first display of
strength made vigorous efforts to cover.
Mitchell, it was alleged, covered fully
quarter of million. and others followed Ill
The same line. Cudahy was particularly
liberal buyer. TowaId the close the market
eased Off on free realizing sales. The opening
was about lsGI Ac higher than the closing
figures of Wednesday. and prices advanced
lc. receded 40DSSc and closed steady.
AS wheat developed strength, corn Kept in
close sympathy and improved. The receipts
shorts were quick to take alarm. Lyon
Cudahy, Partridge. Bacon, COunselman-
Day, Wright. Bartlett Frazier and Schwartz
Dupee were big buyers. Initial trades were
at about ednesday's closing prices, and
the market sold up 7s0llc. when OH realizing
the price worked ack hlSsc, changed some
ruled tirmer. and closed az near the top
prices for the day.
In cats there was better trade and a
irmer feeling, the latter being attributed to
the strength and advance i'll wheat and corn
and also 10 better buying for May The
market opened steady to 1Sc better. May
weakened lsc, but then advanced 5Sc and
closed steady at almost the top prices
The provision market was dull and feature
less all forenoon. but with such bulishness
in wheat and corn. it id not require The
buying of great quantities to induce the mark
ct 10 come around again in favor OF the
workers Tor higher prices. The hog market
was weak and lower this morning. and TO
that was ascribed the weak opening i'll pro-
visions.
The lowest prices of the dag were made at
the opening. January pork started 12l2c off
since Wednesday, recovered that loss, ana
made beside gain of 7lac. January lard
opened at a decline of from sc to 7l2c, after
which il advanced Until sc higher than it
closed Oil Wednesday. Ribs, from an early
loss OF 1l2c, gained i'll the end sc over
Wednesday closing price. There was good
buying of January lard, said to be on foreign
account.
Lake NAVIGATION is fast drawing to a close,
and vessel men are Indifferent aboht sending
out boats. There was little available room
offered, and 2l2c was asked and &c bid for
corn 10 Buffalo. Estimated receipts for to-
morrow: Wheat 80 cars; corn. 225 cars;
oats, 275 cars; hogs, 10000.
The leading futures ranged as follows: