St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-14
CORN WAS LEADER.
Trade in That Cereal Caused
Some Excitement on the
Board.
GOOD ADVANCE RECORDED.
Wheat Shows Fractional Loss
--Some Strength in Pro-
visions.
STAGHANCY IN STOCKS,
Not a Single Feature OF Inter-
est Observation-Disclosures
lions Light.

CHICAGO. Feb. 13.-Corn took the
grain markets in hand and excited them
for ga while. but wheat III the end
shook itself loose with a loss for the
day of II, while corn is 1IG5sc higher.
Today's receipts number only $4,000 blu,
and prices of uork are higher by loo for
barreled, and from 215c TO DC for ribs.
Wheat opened very quiet, at from
$3.50 TO 49, c for May, as against $500
al the close of the market Monday.
To considerable extent the market
seems to have mario we'd itself down to
struggle between those who have
already bought the visible supply for
May delivery to retain possession OF
their purchase ana an attempt OF some
others to decry its value and make
them drop il. The price declined to
535s c early in the day, but about noon
rose to $3.50 in sympathy with 4 bulge
in corn al that time, but on BradstreetS
reportiDga decrease Of only 56S, COO bu
for the week in the worlds stocks, al
though in this country the decrease was
I.092,000 bu. selling was renewed, and
drop to 53l4c took place. Weakness
was due IN seme measure to the reports
from the seaboard Of lack of demand
from .pOrters.
Corn was very irregular, and worked
UP and down over range Of I cent per
bu. 1t was weak at the opening, then
strong, from that weak again, and finally
wound up iirm at 44I5045c for May,
compared WIKI 4+35c on Monday after
neon. The opening price was from
40, to 1875 0o441ac C, and it rather dragged
until it was reported about II O'Clock
that there was an active demand in ST.
Louis for C-rn to 90 East lay rail, on
which report it rose quickly ID rather
eXcitedIy.
Some Inquiry WAS reported for corn
for Dubuque, To-. and ten carloads were
sold to 90 there. Eastern adYices were
10 the effect that the recent sources Of
supply were drying up, and they expect
TO have 10 draw from Chicago before
long. Bradstrept's reported the visible
supply reduced 10000 bu, as compared
with an increase Of lG3. 900 bu at the
points included i'll the official invisible.
The oats market was active during
the greater part of the session. and
quite a good business was transacted.
During the early part OF the day the
feeling was easy. Later. however. the
demand improved. and, with the intiu-
euce of recovering market in com,
prices rallied and closed Il shade tirmer.
May sold from 2S55c to 2S$l ana up 10
2915c. closing at 29el29l5c Bradstreet'S
report showed a decrease of 700, 900 bu
III o; . and that, with a decrease of
II ,OOt III in the stocks Of contract oats
in store, also helped TO firm up the mar
ket.
Provisions rose in consequence of the
good demand for hogs and tie better
prices at the yards. Such confidence
and demand for the raw material, not
outstanding its extreme plentifulness,
gave til. market for the products its
firm tore. The strength in corn assist
ed to sustain provisions. and the pack
ers lent their aid in encouraging the
buying.
The receipts for tomorrow are esti-
mated as follows: Wheat, cars; corn,
215 cars; oats, 30 cars; hogs, $4,000.
TheIeading futures ranged as follows: