The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-10-14

CHICAGO Oct 13.-The rapid accumu-
1stfou of stocks. together with poor eN-
port demand, encouraged liquidation In
wheat today and December closed with
a loss Of SIC. Corn lost an early advance
on profit taking and closed practically un-
changed. Oats declined ll@$sc. PROVISIONS
were Gull and closed shade lower.
Wheat opened easy, following indiffer-
ent foreign markets and large Argentine
shipments The demand was light and
more generous short selling soon started
the market on the dOWn grade About
the middle of the session reports of dam
age by drouth and insects to the new
crop in the Southwest caused. a Eight
rally, but the market was soon weighed
down again by a resumption of short sell
ing and liquidation induced by steadily
increasing stocks all over the world.
There was a slight rally near the close
on buying by shorts who put out several
long lines of wheat on the early bulge
and took advantage of the bulge to buy
in and secure profits and the market
closed with buyers in the majority De
ccmber opened a shade lower at 721A0
7Z3sc, declined to 1880, rose to 725sc, sold
off again to 72c and closed with buyers
at 7214c
Chicago receipts, 1914 cars, three of which
graded contract. Minneapolis and Duluth
receipts, including two days receipts at
the former, were 1,164 cars, against LA
for one day at both places a year ago.
Total primary receipts were 1885, 900 bush
els, as compared with 1875 900 bushels
last year. Atlantic port clearances Of
wheat and flour eQualed $4,000 bushels
Argentine shipments for this week were
heavy, amounting to 1.176,0O0 bushels.
making over 81. 100000 bushels so far since
Jan. / of last seasons crop, and the visi-
Bile supply in that country was reported
to amount to 5S3S,000 bushels, as against
55O,O00 the same time last year. Minneap-
oils and Duluth stocks of wheat were es-
timated to have increased !, 100 900 bushels
during the past week, and Chicago stocks
over 100000 bushels. New York reDorted
thirty-two boat loads sold for export hut
the cash demand here was very slow.
Corn ruled active and stronger early
influenced by higher cables and an excel
lent demand. Later, however the market
turned weak with wheat. The decline
was hasiened by liquidation and profit
taking. Receipts were 6S8 cars Exnorts
nom Atlantic ports for the day were
653O00 bushels, and New York reported
sixty boat loads disposed of for export
december opened a shade higher at 313e0
5lisc, advanced to 313lc, declined to 3IlIc
and closed at size.
oats ruled dull and lower, in sympathy
with wheat and corn. Longs sold freely
receipts heavy, 9OS cars. Cash demand
ar December opened unchanged at 23tl
p2"@sc, declined to 227sc and closed at
&c oi0'eu al
Liquidation weakened provisions earlv.
put the decline was fully recovered near
ne end on buying by commission houses
Elth English connections The foreign
iemand for cut meats was greater than
packers We're inclined to fill at the nom
nal price January pork and ribs closed
n'changed at $9.5712 and s. respectively,
5.3OG5321h. io"ei at
Estimates for Saturday: Wheat 10
'ars' corn. $40; oats, 800; hogs. 1900. "
The leading futures ranged as fo11ou..
Open High Low Clos