St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-17
elevated BY FROST.
Frosted Corn Fields More In
fuential Than Cholera
Reports.
Thursdays Depression in Ce-
93Ss.reals on Chicago Change
Overcome.
Wheat Bulged During the
sse Last Ten MIMI tes of the
Session.
Stocks Stood Up Well Under
the Strain Of Heavy
@ Liquidation.

CHICAGO Sept 16.-Corn fields spotted with
frost proved more influential than wild-eyed
reports about cholera. Yesterdays drop in
wheat was practically recovered, the price of
December showing gain over the closing
price of the day before of 7sc. Corn also
made slight gain in price, being worth Ac
per blu more than it was twentyfour hours
ago. Pork advanced zoe. lard from to l0c
and ribs from to 7l2c. Outside orders are
still small.
Wheat pened stronger, mainly on the re
covery of the trade from the depression
caused yesterday by cholera canards. A good
deal OF the wheat thrown overheard then
was bought back. There was not much for
sale, however, and, corn showing decided
strength, it was found necessary to bid up
some in order to get it back. and, as rule, it
was dull and narrow after the first orders
had been filled. Rumsey. Lightner & Co.
took perhaps 500, 900 CT 100000 blu, which OBJ
servers in the pit guessed was for the account
of Leopold Bloom.
Later i'll the day the market gave way to a
limited extent on reports that cholera had
made its appearance i'll Philadelphia and the
rumored failure of bank in London. Then
reaction set in, and fairly strong feeling
prevailed. During the last ten minutes there
was quite bulge on some good buying by
Counselman and Bloom aud covering by
those who waited for break to 75c, which
did not come.
Corn started strong at about ssc advance
from the closing figures Thursday, natural
reaction from the undue selling pressure late
yesterday. The trade also felt q little more
bullish over the private advices from the
messages saying that the warmer
weather showed considerable spotting of
fields by frost. The weather map showed
no frost last night except i'll the Dakotas.
The later. signal service report from Wash
lngtOn indicated cooler weather and possible
frost tomorrow morning in the northern por-
TONS of Ohio, Indiana and Illinois. but
warmer weather for Iowa. Nebraska and Min
nesota. The latest Prime bulletin said the
past fourteen days set corn back Instead of
maturing it; that the country is overrun with
weeds, and much of the corn will be in dan
ger as late as Oct. 1. This class OF news
added 10 the firmer feeling, and further ad-
vanced prices. The receipts OF 100 cars and
the estimate Of 400 cars for Saturday checked
the advance. Later, when wheat weakened,
corn went back under opening prices on re-
alizing sales. but firmed up a little before the
close with wheat.
The oat market was quiet and steady to
firm within narrow range. Bartlett-Frazer
bought half-mlllion bushels. The shorts
bought a moderate quantity early in the
session, but sold out again before the close.
The provision market started firmer and
higher and the advance was we'll maintained
during the session, and was at its best as the
market was coming to close. Wright was
giving the market support through brokers.
Lighter receipts of hogs than predicted and
the fact that corn showed strength aided the
market materially.
Freights were steady, with a moderate de-
mand at 2l2c for wheat and 2hc for corn to
Buffalo. Estimated receipts for tomorrow:
Wheat, 500 cars; corn, 460 cars; oats, 260 cars
hogs. 5000 head.
The leading futures ranged as follows: