The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-11-10

CHICAGO, Nov. "A decline of lasc
1nared today's trading in wheat This was
the result of a very choice collection OF
hear news. including weak cables, favorable
state crop reports and a large visible in
crease. Corn was sustained by good cash
demand and closed unchanged. Oats declined
about &c Provisions were weak from the
start and closed 10000 lower.
Wheat started at from re to &c below the
price It closed at yesterday. Copious rains
had been falling since the previous session
ended and 1t was still wet when trading COM
menced. Crop prospects in Nebraska and
Kansas, in consequence Of recent rains, were
said to be the brightest in years. The Liver
pool market was 7sd lower than it closed
the day before. when it was first heard here,
although the record showed that it had
opened at a trifing Improvement Chicago
which was expected to receive 10 cars had
217 inspected into store, besides another cargo
from Duluth Of $4,000 bu No. l northern
spring, Minneapolis and Duluth reported
1,1S6 car loads against lob week ago and
746 the corresponding day of the year be-
fore, The Michigan state crop report showed
a condition of Sc and said that the seeded
area was per cent greater than last year.
May wheat opened at S93s@S9$c, against
Yesterdays closing price Of 90A9902sc and
gradually declined to 89Ac. Later in the day
there was a little out-croppIng of bullish
items that stayed the hands of the sellers
for a time.
Clearances from Atlantic ports amounted,
in wheat and flour, to 53S, O0O Blu. There was
slight recovery in Liverpool, reducing the
net decline in futures for the day TO I'D per
GENITAL and following that the taking Of &c.,,
600 bu Manitoba wheat at New York for the
continent Freezing weather was predicted
throughout the West for tomorrow. Brad
streets report on the worlds visible supply
showed an increase OF $4,000 blu. This item
increased the selling pressure and May wheat,
which In the meantime had rallied to 901sc,
declined to s914c again. Paris quotations
came lower for both wheat and -four. There
was an increase of 5000 blu in Chicago
contract wheat. The total now Is $40 Blu,
including $4,000 blu No. northern and 219,-
600 bu No. red, Receipts at primary points
were /, ,914 bu against 722, 900 Blu last year.
The market become very weak near the close,
although there was no increase in the volume
Of trade. May finally sold down to S8Ac
and closed at SS7B@89o.
Corn was firm in spite of the weakness in
wheat. Contract stocks showed a decrease
of 48S, 900 bu. May ranged from 301sQ297sc.
closing about unchanged at 297s@30o. Oats
were somewhat easy at slight decline. Con
tract stocks decreased 390, 900 Blu, which had
q good influence, The shipping demand was
good. May ranged from 17S@22c to 211s@
21&c, and closed 1s4Mc lower at 21&c.
Provisions were very heavy. The feature
was the unexpected heavy run of hogs, about
5000 more than estimated. At the close
January pork was zoe lower, at $40; January
lard, 1OQ1215c lower, at $3.50, and January
ribs 10q121hc lower, at $4.S714. Estimated
receipts Wednesday: Wheat, So cars; corn,
295 cars; oats. 200 cars; hogs, 5000 head.
The leading futures rRngad as folloXa,