St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-10-27
VERY NARROW RANGE.
Grain Markets Exceedingly
Dull and Fluctuations
Slight.
BEARS AND BULLS TIMID
And Inclined to Realize at
the Slightest Profit
offered.
BEARS HAMMER STOCKS.
Market Was Dull and the Vol
ume Of Business
Light.

CHICAGO, Oct. 26.-The grain markets
were extremely dull today. Firm for
eign markets prevented declines, and
wheat, corn ana oats closed unchanged.
Provisions were weak and finished lower
all around. Wheat opened trifle tirmer
owing to slight Improvement in the
tone of the Liverpool cablegrams.
While frmer it was by no means more
active. The Northwestern receipts
were somewhat lighter than for few
days past, but with 527 carloads at Min
neapolis and 230 at Duluth they were
not regarded as light, although amount
Ing to 43 cars fewer than were received
at the two places last year on its cor
responding day.
The smaller exports of the seaboard
were discouraging. Total from tine four
principal ports amounted to only about
10000 bushels IN wheat and flour to-
gether. The total of the receipts at
primary markets was 704. 600 bushels,
and shipments 375. 269 bushels. During
the forenoon fluctuations did not exceed
3-l6c in December and May. Rosen-
kranZ covered some short wheat soon
after the opening, and on the frac-
tional advance thereby occasiOned Pard-
ridge tried to sell some. The market
was too narrow to take much Oh one
side or the other. The bears were afraid
to follow it down more than sc, pre-
ferrlng to take that much profit when
it could be got. and the bulls were
equally anxious to turn an sc of &C
cidental advantage into money. The
closing cahlegrams to the board of trade
quoted Liverpool from IA to I'D higher
aud firm. The scalpers began about In
o'clock to show more favor to the bear
side, and, encouraged by the execution
of few selling orders from the outside,
they pressed their otferings,and brought
about at that time the lowest prices OF
the day. December, which had not pre-
viousiy sold above 5255s@52s4c or below
5215c, dropped to 525s. 1t rallied an &c
al the finish, closing at 521 sc.
The corn market was even duller than
the very dull wheat market. The re-
celptS were 1S3 cars, compared with 100
estimated. About Is cars OF the days
receipts were of new corn, none of
which grades better thaa November
on account of its dampness. and the
range of prices for such was from 32c TO
40c. according to It's greater or less
moisture. There was very little in
quiry for No. 2 corn in round lots for
shipment, but No. yellow was sold to
the extent of $4,000 ba. The closing
Liverpool cabiegramS to the board of
trade had sensation in the fact of
October corn being quoted 215d per
GENITAL. or the equivalent Of 3 per cent
bu higher than yesterday.
Estimated receipts for tomorrow are
ITO carloads. May corn kept within the
range of 1870 and soc, only 5000 BUSH
els bringing the latter price, and it
closed at 1899.
After Yesterdays extraordinary ses-
sion i'll oats the market seemed even
more insignificant and submissive than
ever. Outside orders were limited. and
even local parties and scalpars were not
inclined to take hold. Fluctuations
were all in sympathy with corn. May
sold from 32c to - c and back to 321 sc,
where it closed.
The provision market was afflicted
With another spaSm of weakness. Pork
lost in the course uf the days trading
321ac. and at the close had 27115c as the
days net decline. LAID left off with 15c
decline and ribs 1870. Hog receipts
were 10000 and 5000 are estimated for
tomorrow. Longs sold out and packers
aided by some short selling today's de.
preston.
Freights slow, steady at &c for grain
to Buffalo.
The leading futures ranged as follows !: