The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-24
FAILURE OF PROMINENT BEAR
e, FIRM LOST SIGHT OF IN THE
DAYS TRADING
WHEAT HEAVY AT THE START
Did Not Advance in Unison
With the Gain Shown at Chicago
Market Was for "a Time Nervous,
but Soon Settled Down to Dizziness
and Showed Losses at the Close
Corn Ruled Firm.

+. CHICAGO, Sept. 23-Wheat was weak
from beginning to end OF the short ses-
sion, and closed at 1ac decline for Deem
Der and 112c for September. The support
the market received On account Of the
failure of big bear firm Thursday had
ceased and an inclination 10 realize de-
veloped Corn closed &c lower for De-
cember December oats lost 1sc, Septem-
Der In both markets was steadier. ProV1s-
ions closed 21aQ10c higher.
Wheat showed heaviness right at the
start Yesterdays sharp advance here
was followed by an advance of only 80
I'D at Liverpool, while other foreign mar
kets did not show any greater improve
ment. Buying consequent on the failure
Of the most prominent bear house Thurs
day had apparently ceased. and although
the market for short time exhibited
some nervousness over the rumorS or
further failures, the reports involved only
small firms, and the market was soon
left to the influence of normal condt-
TONS A tendency to realize on purchases
made earlier in the week gradually de-
veloped, and though the selling did not
become heavy at any time, it was suffi-
Gent to gradually force prices downward.
The price finally got well under put fig
ures and buying against those privileges
caused a slight reaction. Before the close,
however, the market had again dropped
back into dullness and slowly declined to
the former level.
Almost nothing was done in September.
There was no demand for that option
and few selling orders were sufficient to
cause a decline of 11ac
Primary receipts were heavy and the
cash demand poor, which increased the
heaviness of the speculative market.
Minneapolis and Duluth receipts were
1,O66 cars, against 1907 last week and
into
were 1856 cars, two Of contract grade.
Total primary receipts, 1,027,oOO bu.,
compared with 1,344,000 a year ago.
Atlantic port clearances amounted to
1000 bushels. ~ The seaboard reported
twelve loads taken for export. The
worlds shipments were expected to eX-
coed 1900, GOO blu. December opened Nc low
CT at 725sc. 1t declined to 72a2sc and closed
at 723sQ721kc.
h, Corn was firm for September, but weak
for deferred futures and dull for every
thing. There was scattered realizing all
day by recent buyers of December A
fair demand for September from shorts
kept that option steady. Receipts were
liberal, $50 cars. and a large increase. in
the local stocks was expected. A heavy
shipping business was reported, with sew
enty loads taken for export at the sea-
board. December ranged from 29A @29Bc
to 30Nc, and closed nc lower at 297sc. To-
days prices were considerably over week
ly calls.
Oats were quiet and rather easy with
receiving houses moderate sellers all day.
Outside longs realized to some extent
Sympathy with other grain markets was
apparent. Receipts were 329 cars The
cash demand was rather light December
ranged from 22ss@22s4c and closed 1sc low
err at 229sc.
Provisions were dull but steady, pork
leading. Early there was a tendency
toward lower prices, but the sharp adj
vance of meats at Liverpool and some
covering by outside shorts made the mar
ket firm later. At the close January pork
was 21a6l5c higher at $9.721ag9.75: October
lard showed 10c advance; January lard
closed unchanged at $5.5z1A and January
ribs 21a@5c higher at $5.07k@5.10.
Estimated receipts Monday: Wheat
265 cars; corn, 1890; oats, 300; hogs, 81, 600
The leading futures ranged as follows:
Open High Low-I Clos