St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-09-16
4 4! general TUMBLE.
All Grains We're Weak on
Heavy Receipts of Wheat
and Corn.
SMASH IN PROVISIONS,'
Pork Declining 81 1-2 Ce ntss
Lard 20 Cents and Ribs A
is Cents. =
+
DEPRESSION IN STOCKS
s.
Caused Heavy Trading, Chit
cago Gas and Sugar
Leading. 4
SMASH IN PROVISIONS,
DEPRESSION IN STOCKS

CHICAGO, Sept 15.-Corn was weak
today on heavy receipts. and wheat
meekly followed. They both ran down
another sc. Provisions were smashed
by the virile blows OF the heavy pack
ers, pork closing at decline of 271ac,
lard zoe and ribs 15c. The cat market
followed its own bent and closed &c
higher than yesterday.
Wheat opened very weak for Decem-
ber.which closed yesterday at $3.50. and
that was the bottom of a &c decline,
sold moment after the start this
morning at sec. The corn market W as
suffering from what the SPECTATORS
choose to regard as very heavy receipts
OF that article, and the Northwest
reported considerable increase in the
number of carloads of wheat at
Minneapolis and Duluth. Those
were the influences which in
augurated the weakness in whea
here. The cables returned reflections
of the weakness which prevailed here
yesterday. Bradstreet's gave the export
clearances of wheat and flour from both
coasts tor the week at 2.7S9,OO0 bu,
against 100000 bu on the week previ-
Gus, and compared with 5,367, 900 bu on
the corresponding week OF last year.
| Business was OF moderate activity. A
| good deal of scalping long Lies came
out at the opening, and the chief sup.
| port after that appeared to come from
buying against puts and covering by
shorts. The fluctuations kept vir-
tually within the range of 500
564c. Exports of wheat and
| flour from the Atlantic seaboard
for twenty -four hours to the equivalent
of 100000 ba. Primary market receipts,
including those at Kansas City, amount
ed to 100000 bu. The estimate that
today's liberal receipts of corn would
| be repeated on Monday. and rumors
| that the recei pts of wheat at Minneap-
oils were likely to be 1900 cars the same
| day, prevented any change in the
heavy feeling which had prevailed all
day. The price kept humping on SEC
for December not far frGm the close,
and finally rested at 56CG561Sc.
Corn was weak early, heavy all the
day and limp at the close. 1t did not.
however, sell lower at any time than it
did immediately at the opening. Re.
ceipts of $40 cars this morning exceeded
the estimates by fifty cars, and the
prediction that on Monday another 600
cars would be found on the inspection
sheet added to the selling inclination
evinced by the local spectators. A
good deal of long corn came on the
market, and shorts gathered it in. Boy.
den IL Co., Parker and Baldwin-Farnun
were conspicuously active buyers. Nav
opened at from 525s(053c. recovered til
5314@53s55c, broke off to 53c, rose to 5311sI
@533sc. tumbled back again to 53c, and
closed at 53c =
Oats were quiet throughout the entire
session. A firmer feeling was notice.,
able, influenced by better disposition
to buy. September ranged from 3016c
bid to 503sc, closing at 3O36c. May
started at from $3.50 to 351Sc. sold up to
Soc. ana closed at 355l@35%c.
The receipts of hogs at the yards
were only 5000, but the quality was re-
ported to be poor and the price from 10
to l5c lower than on the day before.
The weakness of corn and wheat gave
the additional encouragement and the
packers did the rest. Freights to Buffalo
for wheat 4. and x for oats.
CHICAGO. Sept. l5.-Clearings, Sl2,-
659.oOO. Money 4@4H per cent on cali;
596 OIL time. New York exchange. so
cents discount. Foreign exchange
tirmer. Sterling commercial. S4.S4@
4.S5.
The leading futures ranged as follows.