St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-07
STRONG AT THE CLOSE
Average Of Prices for the Day
on Chicago Change
Weak One.
a Reaction Sets In, and Most
Commodities Close
Higher.
Wheat and Oats Close Higher
x Than Saturdays Closing
Figures.
Wall Street Returns to the
Old Rut of Dulln ess and
Stagnation.

CHICAGO. Sept. 6-Strength at the close
was the salient feature of today's markets.
The average of prices for the day was a
weak one both in grain and provisions, put
finished with gain of 14c to Ssc compared
with Saturday. Corn left off 1s@sSc lower
than Saturday, but I2c higher than the bot
tom prices today. Oats show an advance of
Sole. Pork and lard are 2712@30c lower
for October, while ribs for that month show
decline. The visible supply, frost and
cholera were the main influences.
Wheat was weak and lower early on the
predictions Of frost damage in the North
west having failed to materialize, lower
cables, the prevailing fine weather. the lib
eral increase in the English visible supply,
and the continued weakness in the markets
for corn and oats. The increase in the do
pestic visible supply was not equal to an
ucipations. and this caused slight reaction,
which was accelerated by firmer later cables
and reports from New York that there were
no cases of cholera on board vessels arriv-
ing. The volume of trading was moderate
The market opened Isc lower, declined
point and then improved about &c. fluctu-
ated within a narrow limit, and closed firm
al the top.
In corn the bulk of the trade took place
during the first half of the session. Fluctu-
atoms kept within s4c range and changed
frequently within these limits. Initial trades
were 40l2c under the final figures of Satur-
day, the absence of frost and the immense
receipts being responsible for this sentiment
Offerings we're liberal and a good deal was
sold, while shorts were apparently pretty
well covered, causing still further drain of
ssGl2c. Buying by prominent local specu-
lator, who took on & line put prices up la(1
Csc, but the selling out caused the market to
go down sec. after which it changed but lit
tie. Receivers say the indications point to
liberal movement all this month, particularly
the latter part.
Oats we're active and unsettled. Big re-
celpts and the weakness in other grains
caused rush to SELL but the offerings were
readliy taken by strong parties said to be
covering shorts. Prices advanced 1Ss@1l2c
from the bottom and closed strong AT times
there was considerable excitement. Allega-
lions of manipulation were not unfrequent.
The provision trade was not brisk one
after the first hour. The market weakened
early with grain markets. Pork and lard
showed the most weakness Mitchell was
reported as selling out line of pork. There
was pretty free selling of lard for October
The only support in the market appeared 10
be in January stuff.
Freights were steady with fair demand
for vessel room at 2Ac for wheat, and &c for
corn to Buffalo. Estimated receipts for to-
morrow: Wheat. 500 cars; corn, $50 cars;
oats. 230 cars; hogs 1000.
Cash quotations were as follows: Flour
easy, prices nominally unchanged. Wheat
No. 2 spring, 7SAc; No. 3 spring. 65@67c;
No. 2 red, 73Ac. Corn-No. 2, 45ss045s4c
Oats-No. 2, 34l2c; No. . white, 33l2@33s4c !;
No. white, 5l@3I2c. Rye-No. 2, 56Ac.
Barley--No, 2, Ga@65c; No. 8, f. 0. b., 45@65c
No. 4, f. o. b., 49@56c Flaxseed--No /, S. O6
Timothy Seed-Prime, Sl.64. Mess Porls-Per
Dbl, $l001005. Lard-Per 100 lbs, 81. 200
rs. Short Ribs-Sides Qoosel. S7.75@7 so.
Dry sailed shoulders boxed. Sc. 90@7. Short
clear sides (boxed), S79a@I95. Whisky
Distillers' finished goods, per gal, S115
Sugars-Cut loaf 5@5asc; granulated. 4s4c;
standard "a" 4ssc. Corn-No. 3, 44lac. Re-
ceipts-Flour, $4,000 bbls; wheat, ss1, 900 bu /;
corn, S9I, 00o blu; oats, 771.0G0 blu; rye, sc, GOO