St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-09-09
GRAIN HELD FIRM.
Talk Of a Bullish Government
Report Gave Traders
Hope.
RECEIPTS ARE DIMINISHING.
Another Factor in Strength
ening an Otherwise
Dull Market.
STOCKS WERE IRREGULAR.
Market Unsettled and the
Volume Of Business
Small.

CHICAGO. Sept. S.-The board of
trade markets were dull. but firm.
Wheat was sustained by the talk of that
grain for feed, and corn advanced on
the expectation of bullish crop report.
December wheat closed &c higher. Sep.
tember corn sc higher, aud September
oats nc higher. Provisions finished
with modest advances.
The wheat market opened firm. For
eign markets were rather easier. and
receipts here and in the Northwest con-
tinued to show a tendency toward
diminishing. Chicago received 294 cars.
Minneapolis reported 1872 and Duluth
176. or 55s together, compared with 615 at
both places year ago. Bradstreet's
made the clearances Of wheat and -four
for the week 3.207, 900 blu, against
3.420.0O0 bushels on the week before.
The clearances from the Atlantic ports
for twenty.fOur hours amounted to $780,
900 bushels. The total Of the primary
market receipts were still in the aggre-
gate close to the 100000 bushel mark.
Business was very light. The sustain
Ing influences were the indications given
by the light Northwestern receipts of
much lighter crop of spring wheat
than many had calculated upon, and Of
the Confirmation coming to hand of the
increasing use Of winter wheat for fee d.
The opening ,rice of December was SIC;
it advanced IRON that 10 57ss9571zc, and
closed at 5714c. Attention was drawn
to the fact of the shipments of wheat at
Chicago. Duluth and Toledo exceeding
the receipts today.
The corn market was very ragged and
Irregular, but with an upward tendency
for the most part, and an Improvement
established at the close of about &c per
Dushel. The effect of the Russian bar
ley importations had apparently ex-
hausted itself, and it was altogether
discredited In some quarters. There
was healthy demand for speculative
offerings of corn here in view of the
expectation Of the government crop
report, which will be issued Monday,
showing further heavy deterioration
in the condition since a month ago.
September, which closed yesterday at
$500, opened at from 5616956%c, ad-
vanced to SIC and closed at SIC bid.
May started at 54Tc and SOC. advanced
to $500, reacted to $3.50 and closed at
$3.50. Receipts here today were 3O7
cars, and there were 347, 900 bu inspected
out of store.
Business in the oats market was
fairly active, there was fair disposi-
ton to trade both ways. but sales were
mostly scattered and local. Fluctuations
were again influenced by corn. Sep
TENDER ranged from 1890 to S05s and
ended at 304c bid.
Provisions acted strong on moderate
amount of business. The revival of the
bullish spirit of tho grain market helped
prices somewhat and hog receipts,
present and prospective, were light.
The days run was good and for all
next week 100000 are the estimated
arrivals. Compared with yesterdays
closing prices for January delivery the
following advances occurred: Pork, Sc;
lard. 719c, and ribs, sc.
Freight rates to Buffalo, nc tor
wheat and 114c for corn. Charters
to Kingston were reported at 2Ac for
wheat and 255sc for corn.
The leading futures ranged as follows: