St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-09-25
BULLS DUMPED THE WHEAT
THE ENTIRE CHICAGO MkRKET 7UM-
RLED DOWN.
FAVORABLE BANK STATEMENT

Holders of Stocks Reducing
their Lines and Fears Are,
More Activc-Big Blocks OF
Stock Closed Out-Bank Con-
ditIons Did Not Check the
Downward Tendency.
CHICAGO, Sept. 23.-Fear of a large
increase in the visible and of smaller
exports next week caused the bulls 10
dump wheat today. The price broke
over a cent and closed &c under last
nights figures. Corn was also easier,
closing with 4@asc loss. Provisions
were firm and advanced 71992Oc.
Wheat at the opening was rather
irmer ana prices 4@asc higher, then
weakened and prices declined 11s001lc,
held steady and the closing was easy
about Mc from bottom for the day. The
frInneSS early was due t. some buying
orders coming on the market, but the
offerings were quite liberal. and as soon
as The buying ceased general decline
set IN. The favorable New York BANK
statement did not have any effect upon
PN'NNS' ApNAt woo q vi d
of some sort at Liverpool, and this was
made an excuse 10 deprrSS the market
1t was estimated that the visible supply
VIII snow All increase of about one mi i
ION DuSlels. lie scattering buying at
the start was due to somewhat general
oversight temporarily OF the fact that
Bradstrept'S weekly report of exports
was made up 10 l thursday evening, and
did not represent the falling off of the
last Two days of the week.
The receipts of corn were tWenty-siX
cars under the estimates, which NAV
nave had something TO do with an an
ptardnce of strength which developed
when trading commenced. The open-
ing bullishhess of wheat was, however.
The more powerful factor, and when
wheat began TO turn down coin fol-
lowed suit. Estimated heavy receipts
Monday, SC6 ears. assisted the move
ment. Prices had range of 8Ic, and
Inc close, was steady sc from inside
figures. 1t is denied tnat SchwartZ's
short line was covered.
Oats declined with other grain, and
in The end closed 15c lower for May
than on the day before. ! he near ful-
ureS were c0mDar1tively firm.
1t was packers market in pro-
VISIONS. After selling considerable
january Stuff for day or two they
marked prices up for the Saturdays
close. Hogs were posted ut lU9,uOO for
the week. This was nearly 20. COO short
of the estimate. The estimate for next
week was only 10000 There was no
particular stir in The trade. No one
dares 10 sell stuff short, aid when a few
DDS are made prices move up easily.
he offerings OF vessel room ready to
load were light and the demand only
fair. Rates were steady at 15Ec for
wheat and l19c for corn for Butfalo.
Estimated receipts for Monday:
" heat. l75 ears; corn, $50 cars; oats. $40
cars; hogs, $1,000 head.
Cash quotations were as follows:
Flour quiet, unchanged. Wheat-Nu.2
spring, 6612r; No. spring, 6O@62c:
NO. z, red, 6Gi9c. COrn-N0. 2 4O1Sc.
Oats-No. :. 2f35c; M. white, 3UlS(0
3i24c; No. 3 White, 29030c. Rye-N0.
2. 4ic. Bar!ey-NO. 2. nominal. Flax
sted-NO. l, Sl.0419. Timothy Seed
Prime, 1915. Mess tork-Per Dbl.
Sl6.50(@ l6.55. Lard-Per 100 lbs. 50. IS
@9.o0. Short RIBS Sides nuose), S1021I
| t0lO.40; dry sailed shoulders (buXetD,
S1.25(@7.50; short clear sides (boxedI
S915(@l0. Whisky-Di>tillers' finished
goods. per gallon. $ll2. Sugars un-
changed. Receipts-Flour. $4,000 bbls: :
wheat. l55.O0O bu; corn, sos, GOO bu;
oaiS, $4,000 bu; rye, 5000 Uu; barley
$4,000 bu. Shipments-tlOur. 5000 bbls :.
wheat, $1,000 bu; corn, 35l 900 bu ::
oats, 3i6,0UO bu; rye, 1900 bu; barley,
9,U0O Du- On the produce exchange to-
day the butter market WAS steady, un-
changed. Eggs higher; 1S@1Sl&c.
The Leading futures ranged as follows: