St. Paul daily globe., 1895-11-22
KEPT ON FALhIuC.
WHEAT STARTED DOWN HILL
WITH THE OPENING OF THE
MARKET.
NOTHING TO BOTHER 1T.
BOTTOM DROPS OUT OF AN AN
TICIPATED SQUEEZE IN ST.
LOUIS.
LOWEST PRICES OF THE YEAR.
" heat loses Thrhee Qunrtrers of
II Cent in Vuiue and Corn
Loses IL Fraction.
NOTHING TO BOTHER IT.
L0wEsT PRICES OF THE YEAR.

CHICAGO. Nov. @.-Wheat opened
weak today at 57c and closed sc lower
The lower cables. the Price Current
figures on the crop ana the statements
regarding the improved condition of
the growing crop. were the feature.
Corn and cats ruled heavy. in sympa-
thy with wheat, on the prospect of
more liberal country movement May
corn sold as low as 29029lsc, as against
9l4c last night. Provisions were
heavy, with trade more active. Wheat
opened heavy at a decline of H3Ssc
and settled another &c during the first
half-hour. The early dispatches
brought nothing which differed radi-
cally from previous advices. bat in the
main they favored the operators for a
fail
The chief buSineSs of the forenoon
was in the way of changing trades for
December 10 the May delivery. and the
most noticeable feature in the news
from outside markets was q drop of
l%Sc in the price OF December wheat at
s.. Louis The future referred to had
previous 10 today b5sn alJificially nigh
there On account of an anCicipatad
squeeze, and the fear of such an oC-
cUrr6rCe appears to have been diSSipat-
ed this morning. May opened at from
0lSnei
figures. which We're the best of The
day; il declined TO 607sc. ard after a
reaction to 6llsc, it became very weak
and scld as lev as 603s. and closed vir-
tGally = the bottom. December ranged
from 5Ic at the start to 561sG56lc and
closed al 5Gl4c. Lower prices were
made today than on any previous &C.
casiGn this season. Gle having been the
previous lowest price for May.
Inc trading in corn was slightly
larger in volume than on the previous
days of the week, but at some cost TO
the price. November opened at 27a4c.
worked down 10 27iac and closed at
Jh3t. December fTCm 2Il4c at the start
declined arCther sc and reacted TO and
closed = 2flc. May declined from
sellers.
Oats We're again without much sell
ing and very dull Fluctuations were
light. December sold from 1Sc to 177sc,
closing at the latter price bid. May
Op6rsd 2E cg1.c, scid st 203sc and ended
at 2lSsQ2Ol2c, bid. February sold for
the first time this season at 19c.
Provisions had a slight decline at the
start. and for a considerable time re-
mained fairly steady at the reduced
prices made in, the first hour. Later
the radical weakness of the wheat
market caused a corresponding feeling
TO spread through the pork pit, and a
considerably larger slice was Topped off
values. Country stop-loss orders were
met with on the decline and acceler-
ated II. January and May quotations
were the. lowest OF the season. Hogs
Receipts were -, 600 head and a decline
OF sc in their value was reported.
Estimates for tomorrow: $4,000 Clos
3lg prices We're at the lowest figures
OF the day, and show declines in pork
OF from f2c to 10c; in lard. 712c for
January and sc for May. and SC was
the decline in both January and May
ribs.
Estimates-Wheat. 275; corn, 400;
oats, So; hogs. IS, 600.
The leading futures ranged as fol-