St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-10-29
CORN ALONE WAS FIRM
On Reports Of a Prospective
neutrality-suspicious. Show
Moderate Gains.
BEARS ACTIVE IN STOCKS,
The Coal Roads Leading in the
Decline--Grangers Also
Weak.

CHICAGO, Oct. 81. - Business was
again extremely light in the speculative
markets, and the dullness hau an ad-
verse effect upon the value of wheat,
December closing with loss for the
day of ssc. Corn was sustained by the
evidence of gradual eating away of
local stocks and prospective scarcity
of the contract grade, and May closed
unchanged. with December &c higher.
May oats closed &c lower and provi-
sions with moderate gains.
Wheat opened with a semblance of
Improvement in tone, 52lac being bid
for December for few moments. but
the faint bubble of demand was burst,
and there were sellers at 52ssc minute
or two later. Northwestern receipts
were again heavy, Minneapolis re-
porting 7O7 cars and Duluth 357,
or 1,O64 in all, compared with
1000 cars on the corresponding day of
the year before. Chicago received 1T
cars. Foreign markets were about
steady. Liverpool was quoted an
changed for spot and remote futures.
andAc lower for October. Paris was 10
centlmes higher for wheat and un.
changed for flour Berlin. u mark higher
for wheat. The clearances of wheat and
flour for this week from both coasts as
reported by Bradstreet's amounted to
$3.50. 600 bu, against 3,192,0OO bu on the
previous week, and compared with
S,327, 900 blu on the corresponding week
OF last year. The visible supply prom
Used to show what the bears call another
handsome" increase.
Primary market receipts for the day
were 7SS,76S blu. including those at
Kansas City; shipments were 313,792
blu. The exports for twenty-four hours
from Atlantic ports amounted in wheat
and flour to 3SS.000 bu. Business To-
ward the end OF the session was shade
more active than earlier in the day, and
the increased trading was at the ex-
pense of the bulls. December ruled
around 5214c about fifteen minutes
from the end. The very light business
enabled local short selers-who have
all the money in the trade to stick the
CAD still deeper into the bulls flanks,
and get the price down another he.
December sold at 5211sc, and closed at
that; May, which opened at size, de-
clined to and closed at 56Ic.
Corn was shade weaker on the aver
age for May. but much firmer for Octo-
Der and December. The latter feature
was the only noticeable one in the days
transactions. This weeks local move
ment has resulted in an estimated lessen
ing of elevator stocks to the extenkofi
$4,000 bu, and the stock taking Monday
is not likely to show more than about.
400 600 bu of No. corn i'll Chicago. To-
days receipts were 1863 cars and WitlI-i
drawals from store $4,000 bu. New
York reported six boat loads sold there
today for export. Liverpool was am
other Id per Genital higher for October.
The Chicago holders of October options
in Liverpool appear to be having things
all their own way. Estimated receipts
here for Monday are 200 cars. October
opened at 50S5c and closed at 50$Ic
December, which closed yesterday at
4S15c, opened at 1890 and gradually
worked upward until it reached 1890,
reacting from that 10 491sc at the close
May opened and closed at 1870, selling
as low as 1890 in between.
The oats market was quite active at
intervals during the session. and alto
gether, a fair business was transacted.
1t was thought that the liquidation of
long oats is now about over, and also
that the shorts have quite fully GOV.
cred. An easier feeling prevailed and
prices closed under Yesterdays last quo.
tations, May at 32c sellers. At the
start it sold at 3215c, later up to 321S00
321lc and down to 3ls4@315sc. NortOn-
Worthington bought quite good many
oats. Carrngton-Hannah were selling.
The provision market improved slightly,
due to some little covering of shorts
and halt i'll the selling pressure. Hog
receipts were IA, 900 head, and 1000 are
estimated for Monday. Speculative
trading was light and prices at the close
showed an improvement of ~ cents i'm
pork and 81 cents in lard and ribs. The
latest quotations were Sll.7O sellers for
January pork, s6.67 bid for January
lard aud $3.50 for January,ribs. Freighis
were slow; corn to Buffalo. q cents. A
cargo of 100000 bushels oats was taken
at "a cents to Buffalo.