St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-10-04
THE BULLS GET LOOSE
War Talk In Europe Had a
strengthening Effect on
Markets.
ALL THE GRAINS ADVANCE.
Free Selling, However, Mod
Grated the Upward
Movement.
SUGAR AGAIN A LEADER.
Heavy Trading in the Stocks,
Resulting in a Slight
Improvement.
ALL THE GRAINS ADVANCE.
SUGAR AGAIN A LEADER.

CHICAGO. Oct. 3.-The bark Of the
dogs of war. echoed by the cables.
scared wheat into moderate advance
today. but the bulling was met by free
selling, and December closed but nc
higher. The other markets sympathized
with wheat. May closed sc higher.
May oats sc higher and provisions at
slight advances.
A suggestion of a war cry was licked
trading commenced. and December
wheat, weak at $3.50 yesterday
afternoon. was wanted on the curb at
5S1sc, and the regular trading
confirmed the action of the
curb. December started with buyers
at from So to 531sc, and the demand for
it showed no abatement until it had adj
vanced shade over $3.50. December,
after hating around $3.50, took another
leap, and chung to 1890 for second be-
| fore it was shaken down again to So c..
! Those fluctuations covered the results
! of the first two hours trading. The
hogs appetite for wheat came to the
front again. Tho winter wheat re-
ceipts were supplying strong evidences
| of growing scarcity in the country, and
even the Northwestern NOV emcnt was
! smaller than of late. The total amount
at primary markets was about 625. 900
bu. while a year ago $4,000 bu
was the total of the primary
receipts. Business in the pit was brisk
| and at times quite heavy. The elevator
! men took advantage of the excitement
to do a little scalping. Maltine. of Ar
mour & Co., bought at the opening,
while he had Nj. c. Mitchell and Tommy
O'Brien selling tor him most diligently.
| The Weare Commission company we're
reported to have dumped 100000 bu of
| December when it touched $500. and
| that caused its sudden drop from that
| to 5311lc. The Atlantic ports clearances
| were liberal, amounting in wheat and
| flour to 1000 bu. Closing cables re-
ported Liverpool firm and I'D higher,
but both Paris and Berlin weak and
lower. In the last hour Of the session
the maj ket ruled quiet, December clos
ing at 53c.
The corn market was strong at the
opening and firm all day, chiefly in
sympathy with wheat. but TO consider
able extent also on account of smaller
receipts. The inspected cars numbered
10l, and only 10 are estimated for tomor-
row. The opening price for May corn
was very irregular, some transactions
being as low as 491lc, and ranging from
! that up to 1890. There was one advance
| to 5019c in the course of the day. But
&c of that was subsequently knocked
off, the closing price, however, was
| 4934c@49T.
Oats met with good sale and followed
! the movements of corn. Shorts were
I bidding quite freely and with only a
moderate disposition to sell. Some
| strength was also derived from this.
i Carrington-Hannah throughout the ses-
| sion disposed of quite good many oats
Baldwin .Farnum and Milman-- Bodmau
were buying. May started at 334c sold
at $3.50, up to $500 and back TO 3331Sc
where it closed.
Helped by the better grain markets
! provisions recovered a little more OF
their recent decline, and although the
latest transactions were at a coed dea
under the top prices of the day. they
still held gains compared with closing
| prices OF the day before. Pork is higher
by re, lard sc and ribs &c Hogs
| receipts today were 10000, and 24,00(
are estimated for tomorrow.
Freights were 1850 for wheat an(
| lie for corn to Buffalo.
The leading futures ranged as follows