The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-10
VERDICT IN THE DREYFUS CASE
SAVED THE GRAIN FROM A
FALL IN PRICES
OPENING WAS AT DECLINE
Receipts In the Northwest Were Re-
ported Much Heavier Than a
Week Ago, and Liverpool Was
Much LOwer-This Sort of News
Easily Put the Balance of Trade
ON the Selling Side of Market.
n the seIline Side OF Market.

OSSSllUcr Wl4oSI, D06p(AA s''.'''ei6 W
CHICAGO, Sept 9.-The verdict in the
Dreyfus case and consequent excitement
Sin Paris saved wheat from q decline to-
day. the market closing unchanged for
September and only q shade lower for De-
cember. Statistics tended towards lower
prices early in the day. Corn continued
to decline and closed Nc lower. Oats de-
clined 1sc for September and unchanged
for December. Provisions closed about
212c lower.
Wheat opened weak at a decline Of No
2sc for December and September. Re
ceipts of wheat IN the Northwest were
much heavier than week ago, and Liv-
erpool much lower. The general trend of
the market has been downward for sew
eral days, and this sort Of news easily
put the balance Of trade on the selling
side. The selling pressure at no time was
heavy, but the demand was so light that
prices declined steadily, weakness being
especially marked in the deferred futures.
The market soon got under puts and at
that point became steady under fair buy
ing against those privileges, but did not
show signs Of any reaction until late in
the session. when the report OF the YER
dict in the Dreyfus case was posted and
fears Of excitement in Paris caused some
covering by shorts. The buying, how
ever, was only sufficient to bring prices
back to about yesterdays closing point.
The market was affected in bearisll
way by the increase Of 100000 blu In the
European visible for August, compared
with a decrease last year Of 100000 bu.
The big Russian stocks, $3.50 900 bu, also
came as a surprise to traders and were
responsible for some liquidation. Sep
tember after the first selling, showed con-
siderable steadiness. Elevator people
continued to buy, and this kept prices
close to yesterdays closing point
Northwest receipts were 918 cars,
against 638 last week. and 1,129 a year ago.
Chicago receipts were 189 cars, Of con-
tract grade. Total primary receipts were
1888, 900 blu, compared with 1,254.00 year
ago. New York reported a fair export
demand, with about thirty loads engaged.
Toward the close the market was pracu-
cally at a standstill. Bearish statistics
were expected Monday, and with this be-
lief traders were disinclined to do much.
December opened AQ&c lower, at 71@
71Mc 1t declined to 70a40707sc and rallied
to 711ac where 1t closed. September sold
as high as 709s070Ao and closed un-
changed, at 70asc,
Corn was dull and heavy, General COM
mission house liquidation was the fea-
ture and prices declined about Nc all
around. The market got 10 both daily and
weekly puts and had some support on
that account. Breaking Of the drought
and continued large receipts were factors.
Receipts 855 cars. December ranged from
281sc to 2S19c and closed at &c lower, 283sc.
Oats were fairly active and irregular.
| Early in the session there was a marked
disposition to realize by longs and prices
declined. The liquidation Of September
was especially heavy. Later heavy feel
ing developed and close was steady Re-
ceipts, 426 cars. December ranged from
! 2O3sc to 201ao and closed at 20as@2011ac. Sep
| TENDER closed 1Ac lower, at 211sc
Provisions still showed the effect of
yellow fever news and ruled slightly
| lower all around. At the close October
pork was 21ac lower, at $500; October lard,
| PIC lower, at $5.271ss;; October ribs, a shade
lower at $525
Estimates for Monday: Wheat, 100 cars;
| corn, $50; oats, 300; hogs, rs, 900 head.
Tho leading futures ranged as follows: