The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-10-01

CHICAGO, Sept. 30.-All the grain and
provision markets today were dull to the
verge of stagnation, and no material
changes in value of deferred futures
took place. September wheat and corn
were in process of liquidation by long
interest, and declined sharply. The clos
ing of New York exchanges had a mar
rowing effect On trading. September
wheat closed B@ic lower, and Daccmber
q shade lower. September cora declined
13sc, and December 1sc December oats
closed unchanged Provisions closed un-
changed to a shade lower
Another slight rise in wheat at Liver
pool, Notwithstanding yesterdays decline
in this market, caused wheat to open
firm and at a fractional advance. The
action at Liverpool indicated that trad
ers In that market took q more serious
view Of the Transvaal situation, and
caused a moderate covering movement
among local shorts. There WAS afso
some outside buying through commission
houses. Besides the strength at Liver
pool, the market was helped by the con-
tinued light receipts at primary points.
The impression apparently prevailed that
receipts will continue to run much light
er than year ago, and though there
was a moderate amount Of realizing at
the opening advances, only a slight reac-
ton resulted at the time, and prices
quickly recovered.
The market was, in the main, a scalp
ing one, and the bear element timid at
the recent strength of the market, I'M
der rather adverse conditions, was In
ciined to cover all short contracts over
Sunday. fearing war developments in the
Transvaal. Traders who sold yesterday
were prominent in the buying. The
strength, however, was confined to the
CHI rtc "a n
apparently been we'll filled up, and mod
crate offerings by long interests resulted
in a short break in the price of that OPP
ton. 1t sold at one time at l%c discount
under December. Winter wheat points
reported an excellent milling demand.
Toward the close there was increased
selling on prospects of a large Increase
in the visible. and the slight advance
which had prevailed soon disappeared
The close was rather heavy. Minneapo-
lis and Duluth receipts We're SIG cars,
against 1865 last week, and 1,2H year
ago. Chicago receipts were 220 cars, %
Of contract grade. Total primary receipts
were $4,000 blu, against l,6920W bu a
year ago. Atlantic clearances, 10000 blL
The visible supply is expected to increase
about 100000 bu. December opened so
nc higher at 1870, sold at 1896, then ad-
vanced TO 1870, and declined to 7972c
where 1t closed. september ueclllSu 1IOll
711k@72$lc at the opening to nkc, and
closed 56(l1c lower at Use.
The feature of dull session In corn
was the weakness of the September OPP
ton, which declined 13sc under liquida-
ton by prominent long interests. The
demand was light, shorts having appar-
entity covered thoroughly, and prices were
easily affected. A heavy increase in local
contracts is rocked for, and this affected
speculation Receipts, l,zS9 cars. De-
cember ranged from 4S7sc 20 201sc, and
closed nc lower at 297sc. September clos
ed at 31Mc.
Oats were quiet and firm. Shorts were
bidders for September, and advanced the
price of that option about cent at one
time. but the Improvement did not hold.
Deferred futures kept within a narrow
range Receipts, S2l cars. December
ranged from 2234c to 23c, and closed I'M
changed at 221sc. September closed Ac
higher at 2212c.
Trading in provisions was mainly IN
tfe way of changing. The opening was
slightly lower, in sympathy with rather
weak hog market, and kept at slight
discount most OF the session At the
close January pork was unchanged at
So rs; January lard shade lower at So'oV
65.6215, and January ribs shade lower
at $5.07l2@5.10.
Estimates Monday: Wheat, 245 cars;
corn, 1886 cars; oats, 240 cars, hogss'
$1,000.
The leading futures ranged as follows:
IOpen-IHigh-I LOW Clos