St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-10-14
OATS AND PORK LED,
These Two Commodities Did
the Capering on Chi
cago Change.
Decrease in Hog Receipts Re-
sponsible for an Ad-
vance in Pork.
Wheat Was Stubborn and
Gained a Fraction at
the Close.
Increased Activity in Grang-
ers a Feature in Wall
Street Trading.

CHICAGO. Oct. 13 Oats and pork did the
capering OH change today. Sibley's sales of
oats were enormous. and at one time caused
slump of 5s@75c. Wright bid January
pork up 7l2c Wheat was stubborn as mule
1t closed strong at lac advance after recover
ing decline. With COG cars in sight, corn
was less steady and shows a net loss of lac
from last night.
With some advance abroad and the Cincin-
natl Price Current estimating the crop at CO.
100000 blu, and the supply on Oct 1, includ-
ing old wheat left over, at $4,000, COO bu.
against 49o. coo blu q year ago, the crowd
was inclined to regard the showing as de
cidedly bullish at the start, and there
was good buying for time with Mitchell
Kennett-lIopkins. Clifford and Counselmau &
Day active on the buying side. But the firm
ness led to free realizing by longs, who were
disposed to take profits, and the strength
soon disappeared. Logan, Schwartz-Dupee,
Lester and Milmine-B odman led the selling,
and the scalpers soon got on the same side
Another weak factor was the liberal rains
which were reported in the Northwest and
Southwest. with prospect that they would
extend over the entire winter wheat belt.
There was not much activity or breadth to
the trade. the professionals doing most of
the business. The opening price was Use
up ana all advance OF iSc more followed,
then decline of l2c and rally of Ssc at the
close. Firmness i'll foreign markets, advices
from this state that not over one-half of the
usual area of winter wheat had yet been
seeded, owing to the dry weather, and the
chartering of room for the shipment of 350,
600 bu of wheat were the Influences in the
wheat pit as the session was coming to an
end
Corn receipts were heavy, being 100 cars
above the estimate, with 'prospect of a
steady increase, and there was free selling
both by discouraged holders and for short
account, with little demand except to cover
shorts and secure profits. The price sold
Off l2c from last nights figures, but recov-
cred hose
In oats there was a larger volume of bust
ness than for a long time past and an irregu-
lar range of prices. The opening was strong
er and lac higher. Prices held steadily for q
time; but. as both weakened, and there was
free liquidation by local and outside holders.
the market sympathized, and prices receded
5s07sc, reacted slightly, and closed steady,
with net decline of l2G1$Sc.
Hog products were generally stronger. The
than expected and there was not much
urgency in the selling of product with
Wright good buyer of January pork. Out
side figures were not maintained, however,
the weakness i'll corn and hogs having lit
tie effect during the latter part of the ses-
sion. The packing of the West for the week
exhibited a decrease of $1,000 hogs-the first
reduction reported for some months.
Estimated receipts for tomorrow: Wheat.
$50 cars: corn, 90 cars: OATS 80 cars; hogs,
$1,000. There was fair demand for vessel
and gao for corn to Buffalo.
The leading fUrUIpS ranpp0 as fOl1OwS.