St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-26
BULLS AGAIN G: ALI. ACTIVE.
~. -saHe5..E-'s~. -,;so-, -.
Crop Damage Scare Becomes
a Factor in Corn Deals
Once More.
sGoOD BULGE IN WHEAT.
Oats Are Firmep, and Pro-
visions but Slightly
Changed.
HEAVY TONE IN STOCKS.
The Greatest Loss Recorded
in the Shares Of the
Whisky Trust.

CHICAGO, Aug. 25.-Bulls In wheat
and corn again took courage today, and
the grain markets closed firm. The
crop damage scare was a prominent
factor in corn, and this and other bull
ish news helped wheat. Corn closed
with gain of &c for September.
Wheat finished &c higher Tor December,
and September oats are sc higher.
Provisions closed with but little change.
Wheat opened firm, in the face of
much encouragement in the matter of
receipts. present and prospective, but
upheld as against that by the firm tone
of the Liverpool market and the num-
Der of letters received by the commis-
sion houses from country correspon-
dents relating to a very general and
increasing use OF wheat for food. De-
cember started with buyers at $3.50,
being the price asked for 1t as the mar
ket was closing yesterday. Some
brought 5715c, and 1t then became too
plentiful. sagging to 5714Q573sc. 1t
firmed up again. and about an hour
from the start it WAS again wanted at
soc.
The recovered tone of the corn mar
ket and the sharp bulge in the price of
tina. article near the close caused the
local shorts in wheat good deal of I'm.
easinesS, and they, in their alarm,
bought so vigorously that the market
rose to 573s1 tor December, and closed
up strong at 57s4c. The corn market
recovered the bullishness which it lost
yesterday. There was an absence of
rain in the greater part OF the corn belt.
which appeared to encourage some
more buying on country account.
Some local shorts also helped by
their purchases the advance in prices
which occurred. The receipts of
only 224 carloads this morning in place
of $50 as estimated yesterday gave I'M
easiness to few who had the temerity
on the day before to sell some short.
Boyden & Co. bought some September
early. aud Congdou was buying with
good deal of confidence near the close.
There was good advance Immediately
at the opening, the nervousness of those
vino had September short to cover
quickly spreading into the May deal
lngS. The market was rather Inactive
Son the middle of the short session. but
it became quite animated near the close,
and it was strong at the same.time
september opened at o413c, rose lrregu-
larly to 5514c, and closed at 55c bid.
May started at $40, with sale or two
5at 52l4c. 1t advanced to SIC, and closed
at 525c.
Corn continued to govern oats. which
ranged narrowly. but the sympathy did
not extend as far as it has heretofore.
September closed at 3014c, after having
sold at 30@30Ic. May ranged from Csc
to 35l4c, closing at the high price.
9 The provision trade was not very
active, and the tendency of prices was
generally downward until near the
close, when the bulge in wheat and corn
caused a rally and sold what January
stuff was wanted by spectators. Pork
for January closed unchanged.
Freight-Wheat at 155c and corn II C
to Buffalo, aud 1c for oats to Port
Huron.
The leading futures ranged as follows:
Open-J High Low Clos