The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-09-16

CHICAGO Sept. Discretionary infiu-
ences from Saturdays slump were at work
in grains today. This was condition
somewhat unexpected. for i was gensr-
cision in the oats case Saturday would
bring out long grains. Traders were
somewhat in the dark as to whether they
dare do any business in futures at other
than cash prices, and as result OUTSIDE
orders We're scarce. Business was large
~ in the hands of locals and the nearby
futures were let severely alone because
prices. The further deliveries, however,
seemed to have been oversOld Saturday
and because of their seeming cheapness IN
We're showed higher in most commodities.
AT the close September wheat, December
wheat and December corn were all Bc
higher; September corn was. Bc down,
provisions closed 25hc to TIC up.
Wheat started out with a fair show Of
strength largely because the crowd was
not frightened over the issue of the in
junction cases. 1t was generally believed
that the decision in no way affected trade
except in the case of extreme manipula-
ton, and that even if the decision were
upheld the directory could frame govern
spectators went home Saturday night
short. Although cables were only steady
and little outside business came to hand,
the fact that stocks We're decreasing
started an upturn. In spite of the fact
that there was big run of wheat to this
market last week stocks in public houses
increased only 448,000 bushels. The in
crease in the visible supply was only $685.
900 bushels.
Prices Start Higher.
Buying by shorts and a fair commission
house business with very light offerings
started prices higher. Trade was dull
at times with the outsider in the market
only sparingly. st. Louis supported De-
cember to some extent. The weather was
very favorable to movement and railroads
We're increasing receipts, especially In the
Northwest; September was traded in
lightly, but advanced with December. The
near option opened unchanged, 8c up at
.12Ac to 727sc and closed firm at 5sc up
at 1890. December started unchanged at
68%c, eaSed at one time to 68A @68asc
and closed firm, &c up at 69c. Local re-
ce1pts We're 24S cars, Z of contract grade.
Minneapolis and Duluth reported 1850
cars, making total for the three points
of 1,50S cars, against 903 last week and
2,411 two days last year. Breadstuffs on
passage decreased 40S, 900 bushels. Worlds
shipments were I0,428 600 bushels, against
9,2S1, 900 bushels last year.
Seaboard clearanceS in wheat and flour
equaled $4,000 bushels. Duluth worked
$780, 900 bushels for export and helped in
the advance Primary receipts were
1,778,000 bushels, against 2,915,000 bushels
two days last year. Conflicting reports
of damage 20 corn from frosts put the
corn crowd in a guessing state. The
market opened strong for December and
May and there was a fair demand in these
deliveries. September was choppy, and
in the end ruled easy. Offerings in general
We're not excessive at any time. even
when the market was at its highest point.
Weather Fine for Corn.
The weather was fine in the corn re-
gion with better weather in prospect. Ca
bles were steady and receipts were in
creasing. With these mixed conditions
the sentiment was somewhat uncertain.
In the end the frost damage reports and
small contract stocks helped the bulls.
Midsession there was great firmness. La
ter there was a recession, but the close
The near futures sold between 5S1sc and
December started at 4shc, sold at 43c
and closed &c up at 1890. Receipts were
liberal at 259 cars, 81 Of contract grade
Oats were received in larger quantities,
arrivals was improved. The market
opened easier under some selling by a
leader and by commission houses, but
price fluctuations were narrow. Corn
cash demand was light. December sold
between Sic and 1880 and closed easy, a
shade off at 31s @31Ac. Receipts were
$50 cars.
Provisions were fairly active at times
and ruled firmer on higher prices for hogs
Nearby products showed the most strength
and were difficult to trade in. There was
a disposition to sell January and May
vances. Corn at length also was help
to prices. January pork closed 5@7kc
up at SIS. 171a@15. 20. January lard TIC
up at $s.677s, and January ribs 21sc high
er at S..
Estimated receipts for tomorrow:
Wheat, 400 cars; corn, 47o cars; oats. 1856
cars; hogs, Il, 900 head.
The leading futures ranged as follows: