St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-10-23
MADE PRICES TIRED.
Heavy Receipts. Dull Markets
and Big Visible Weak
ened Grain.
WEEVIL SCARE DIDN'T WORK
And Nervousness Regarding
Cars Condition Had Lit
tie Effect.
BEARS RAIDED STOCKS,
But With the Execution or
WEEVIL SCARE DIDN'T WORK
BEARS RAIDED STOCKS,
But With the Exception OF
Manhattan Weakness
Was but Slight.

CHICAGO. Oct. 22.-The grain markets
were rather weak today. Wheat de-
clined under heavy Northwestern re-
ceipts. weak outside markets and an
increase in the visible supply. closing
1sc lower for December. May corn
closed sc lower, MAY oats 3sc lower,
and provisions with slight gains.
Wheat opened with a much easier
feeling than it closed Saturday. There
was some nervousness regarding the
condition of the cZar which the firmneSs
of the foreign markets helped to in..
crease, but Friday the apprehensions on
that sc0re were less acute. although
there were rumors of the death OF the
ruler referred to. Heavy receipts in the
Northwest, and the apprehended effect
of very heavy increase in the visible
supply governed the dealings for about
fifteen minutes at the opening. Follow
ing that. and previous to the receipt of
the visible statement, there was some
buying against puts and by timid shorts
which enabled prices to recover a loss
of 36c. That was followed by another
weak spell. due to report of some
wheat having been found by an ill.,
spectOr Saturday having weevils in 1t as
it was being delivered to vessel.
The weevil ceased to trouble the mar
ket after the matter had become fifteen
minutes old. A cablegram to 81. Louis
miller said that the Argentine crop was
damaged TO the extent of so per cent.
and that. along with firm closing cables,
and some more business for export from
the seaboard, caused the market to rule
firm in the afternoon at some little re-
coveIy from bottom prices. The visible
supply increased |. $50, 900 bushels. De-
cember opened at 5311s 0e5314c, declined
worked off to $3.50. After the visible
supply statement was completed the
price. until near the close, stuck closely
to 52zsc, hniShing'at 5214@053c.
Corn was firm early and rather weak
in the end. May opened unchanged at
501c, and became gradually trmer
until for short time it was worth 5015c,
with 501a@505sc the ruling price for a
moment or two. 1t worked Off from
that point to 1890 about half an hour
from the close with a slight recovery
from the latter price ruling near the
END. Rather heavier receipts than have
recently been ruling and the absence of
any but very limited shipping de.
We lO ttlC lSoSOHo III tiiC
easier feeling which prevailed in the
latter ha If of the session. The visible
supply increased only 10000 bu. as
against all increase of 5000 bu on the
corresponding day of last year. St.
Louis quoted the market there weak for
spot corn at 1919. The closing price
for May was 5U@501sc.
In oats business was rather quiet an5
prices, Influenced by the weakness in
corn and a heavy cash market, were
lower. May started at 3255sc, sold at 33c
and declined to S255sc, where it closed.
The provision market was very dull,
but irmer at a shade over Saturdays
closing prices. The weakness of the
grain markets proven ted any enthusi-
asm Oh the buying side of provisions
and held in check what appeared to
he a more general desire to buy than
was observable last week. Fluctuations
were narrow. Closing prices show
gains OF 211ac in pork, &c in lard and 211sc
in ribs.
Freights dull. Small lots of grain at
lie to Buffalo.