St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-28
SELLERS TOO ACTIVE.
An Otherwise Strong Market
Resulted in a De-
cline.
ALL GRAINS DOWN A POINT
Provisions Moderately Active
and for the Most Part
Firm.
ALL GRAINS DOWN A POINT
LIVELY IN WALL STREET.
Whisky Took a Tumble Sugar
Trust and Other Stocks
Active.

CHICAGO, Aug. 27.-Wheat was in
lined to be firm today, but was met
with free selling in the hard spots. and
closed &c lower for Dece mber. Corn
closed sc lower for May and Septem
Der. Oats finished &c lower. Provisions
closed with slight gains.
Wheat opened strong at from sc to
&c per Dushel over Saturdays closing
quotations. the strength coming from
the steady cables. December was
wanted at from 575sc to SIC, but weak
ened on liberal offerings at the advance
and sold off to 5719c. 1t had another
good strong spell when the visible
supply figures were giving promise of
disappointing the bears. but became
weak after the bears apprehension re-
garding the visible had been fully re-
allied. The trade was too light to take
enough of the offerings of short wheat
which were for sale from the seaboard
spectators, and though the news of the
day was in the main bulliSh, the shorts
were more inclined to sell on the
slight bulges than to take alarm and
cover previous sales.
The visible supply increased $4,000
bu. or 100000 bu less than many were
looking for. The estimate of the
Vienna congress on the wheat and rye
crops of Europe was the only really
bearish feature of today's news.
The estimated receipts OF wheat for
tomorrow at this pl ace are $50 cars. but
the market continued to rule weak
after its early slight advance, due to
the small increase in the visible. De-
cember was down to size at the close.
The corn market acted firm, but very
active. The receipts were rather over
the estimates. but the news from the
country continued to bring prominently
forward the great damage to the corn
crop. Commission houses, however.
with Western connections. said their
correspondents gave worse accounts of
the damage than any previously re-
eeived. The quantity on ocean passage
decreased 6l6,OOO bu during the last
week, and the visible supply increased
1000 bu last week.
The country holders of May corn did
not show any disposition to sell, and
the local operators. whilS generally
feeling beariSh, were disinclined to sell
May short. September opened at 554c
ouN ClcoSu ob oc/SS. ouoiiCoS III ooG D
was quiet and prices easier. The dispo-
sition to trade, either buying or selling,
was very limited. and the market
dragged slowly along after corn. Sep
TENDER started steady at 3014c, touched
3035C, and at noon had declined to Soc,
closing at that figure.
The provision market was moderately
active and for the most part firm. The
packers were good buyers OF the Sep
TENDER and October deliveries. and APP
peared also TO have already disposed of
all the January product they are at
present inclined to part with.
The closing prices show gains in the
September deliveries of sc in pork. 1870
in lard and l0c in ribs. In January
pork is re higher, lard unchanged and
ribs sc higher.
Freights slow but steady Wheat to
Buffalo l2sc. corn 1Lc. Wheat to
Kingston PIC.
The leading futures ranged as follows: