The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-10-25
GRAIN MARKET WAS Hh
DECEMBER WHEAT AT CHICAGO
CLOSED A QUARTER OF A
CENT DOWN
CORN CLOSED s-8c LOWER
wheat Adviees Were BuIIish, but
the Pit Failed to Respond
Bears Hammered PrOvis-
ion Prices Aise.

CHICAGO, Oct. 24-News affecting
wheat was mostly bullish today, but
weakness in corn and sample wheat, to-
gether with lack of outside business,
caused a decline. The close was steady,
with December 14c lower. Corn closed
Sc and oats 1sc down. Provisions at the
close Were 212@5c depressed.
Wheat started active and higher I'M
der the influence. of a decline of only so
Esd at Liverpool, in comparison with the
drop of lee here yesterday. In addition
TO this, weather III Argentine was re-
ported GnfaVorable, and Kansas, Ohio,
and Northern Indiana complained of
Hessian fly. Shorts covered freely early.
De aemheT opened sc higher =at 731s0z3c
toe Nhed 727sr and 5then recovered to- 70 &c.
sales of S25,90o bu of cash wheat were
reported here, but this was at prices
said to,be &c under December. The SAM
pie market was weak, "a condition ex-
plained by the allegation that elevators
are full to the caves This weakness,
combined with a downward tendency in
corn, and the usual lack of outside sup
port led to liquidation by commission
houses, and a moderate amount of short
selling by bears, which December later
gradually slumped to 72c. Here. the mar
ket Steadled on covering by shorts to
secure profits. The close was Ac down
at I2$sQI212c, for December. The Liver
pool SteadfneSS was reported based on a
continental demand for cargees off coast
and a brpomhaH stmate making the
world 5 production of wheat and reserves
| of old wheat 72, G0e,000 .bu Less than last
year s. and 81, GG0, Qe0 bu less than 1898.
ISeaD9ard sclearaHeeS in, wheat and flour.
We're esIaal to 1856 600 bu. New YORK re-
lporteaS - loads taken for export Pri3
mary receipts were !, 1884, coo bu cornpared
with ,024 eco bu last year. Minneapolis
land Duluth reported AS ears aeaipsf
l311 laSt4week and 54Ss a year ago. Local
receipts Were 10l cars, of contract grade.
b. Germ was heavy, on Selling by lead
1t e. operator and continued liduidatioh
7Onerlngs OF old corn were scarce, but
1.-THE shipping demand was reported Slack
considerable business was transacted in
ltne PIT the hrst two hours, but thereafter
lruled quiet. December sold between 353Sc
landy55c, and closed $sc down at 35c Re
lceipts We're 237 cars.
Oats were easier. Despite the large
stocks not much pressure was brought
lon the market. Sentiment was about
equally divided, and the fractional de-
lcnuea today was due to sympathy with
lother grains. December. sold between 2175
l422c and 2l&4c, and closed. 1sc lower al
zI4Q2Itsc. Receipts We're 100 cars
ProYiSlons We're generally weak in
nuenced by heavy receipts and a break
hn prices at the yards and sympathy with
the grain weakness. There was heavy
commission house selling of lard early
EIhe market rallied for a moment on buy
ing by shippers, but eased eff again.
january pork sold between Sill 18 and
~ $Io.9o, and closed 10c lower at $40 ST. /:
January lard between 81. 90 and Sc. Az,
closing &c down at $3.50, and January
rios between $5.S71a and S. 80 with the
close 21ac depressed at s.. S21S.
ESTIMATED receipts tomorrow: Wheat
235 cars; corn, 400 cars, oats. 1870 cars I,
hogs. SO, Geo head
4ne leading futures ranged AS foIle.sr.