St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-09-22
OTHER GRAINS WERE WEAK.
Corn and Oats Both Show
NEUTRALITY-SUSPICIOUS. I'm
changed.
BEARS RAID ROCK ISLAND
Other Changers We're Weak
in Sympathy--Bond List
Was Firm.

CHICAGO, Sept. 21.-Wheat was weak
the greater part of today's session, but
near the end reports of heavy buying
for export braced up the market and
December finished with &c gain. May
corn closed Sc lower. May oats &c
lower and provisions with but little
change.
Wheat started with slight recovery
from yesterdays closing prices, but
after running for an hour i'll groove
between the opening figures and &c
lower il began TO drop another eighth or
two, or sufficient to make fresh
record. December, which opened at
551sc, and sold sparingly at 551s @5514c.
had declined before II O'clock 10 $3.50.
May was shade more difficult to find
buyers for than December and touched
5000 few moments in advance of
the latter months reaching the same
comparative loss. The opening tempo
rary tirmness was caused by the num-
Der of cars inspected in store, amount
ing to only 1913, compared with 200 as
estimated yesterday. That, however,
lost its effect when upon inquiry
dluOliS llc IcCelNlus licuoOo ~ w 40 NiS-
covered that there still existed the same
difficulty in getting cars of grain un-
loaded as has been complained OF for
month back. Primary market receipts
were in the aggregate about $4,000 bu,
which showed some falling oil com.
pared with those of the day before.
Foreign markets were weak. The Sec
ond weak spell was the result OF more
decided heaviness of corn 1.-THE time
referred to. Business had been very
light until the pressure to sell Deem.
Der at size became urgent, aud that
latter pressure caused trading 10 be-
come active. and kept it so during the
following fifteen minutes while it was
being beaten down TO 542sc. Reports of
liberal buying for export caused rally
at the finish, and December closed at
554c.
Corn ruled heavy, and dropped &c of
its value as it was yesterday afternoon
i'll the first Two hours of tOday'S bust
ness. There was some resistance to the
decline on account OF the receipts under
running the estimates by $50 cars, but
AS that was aScribed to the crowded
condition of railroad yards, due to the
scarcity of storage. it served only to
cause loss to those who had ascribed
reported were 2I1, $50 bu, and this i'll
comparison with 544. 1876 Du received on
theisame day last year. The offerings
of No. 3 new corn to arrive i'll Noyem-
Der and December are increasing.
Philadelphia advises liberal offerings
of new corn from Maryland and Della
ware to arrive in November at prices
relatively lower than the above quota
tons. Those several items of news
were not reaSSuring, and created the
heavy feeling which resulted in the de-
cline already referred to. May sold at
52405215c simultaneously at the OPEN
ing, and from that down to 5l%sc before
any substantial recovery took place.
Some buying at the close caused rally,
and May finished at 521Sc.
Oats continued to decline, influenced
principally by like action in the corn
market. Business was OF fair volume
although trades were all rather small.
The disposition to sell remained very
urgent. Elevator concerns were most
prominent in offering stuff. Buying
orders were fairly plentiful, confined
almost entirely, however, to 5000 and
10000 bu lots. and scattered chiefly
among local parties and scalpers. May
started at 341sc, sold at 3oc, and then
declined to 345sc, closing at 342sc.
Inc provision market was Nfu uut
very dull. There was no marked pres
sure to. sell or desire to buy. The Anglo
American Packing company and Hately
Bros. were the sustaining buyers, but
they did good deal more bidding than
buying. Compared with yesterdays
closing prices therein an advance of
215c in lard. and pork and ribs are as
they closed yesterday.
Freight rates Is better at 115c. Corn
rates steady at nc. Provision rates.
all rail to New York, advanced to SOC
today.
The leading futures ranged as follows: