The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-09-19

CHICAGO. Sept. 1s.-Grain traders
were, waiting for sign today. Business
was less active than it has been for many
days. Supporting orders were not in
evidence enough to hold up prices, and
with bearish report on the corn crop
put out by a leading statistical journal
several professionals took advantage OF
on all markets The weather condition
was an early aid to prices, particularly
selling and at the close December corn
was 1a@%c lower. December wheat n
@$c down; September oats ac lower,
closed 21sc to 221ac down
Corn business was the most active of
the quiet markets. At the start re-
ports of frosts and rains in much Of the
Iowa and Nebraska, stiffened prices. The
frost talk, however, failed to hold up
prices. A prominent. journal printed
the crop condition had been lowered a lit
tie by the frosts, but that practically all
the big crop was made. A big interest
that is short heavily in both September
and December put some force on the SELL
ing side, with result that prices broke
in December. The local crowd took to
the same position and on a few stop
September held fairly steady on the poor
condition of arrivals. There was an in
crease in receipts, cables were lower
and estimated 7ihlan 5 receipts for tomorrow
reports Of new corn to come to that mar
ket soon.
Slight Rally Occurs.
1t was pit theory that an attempt was
made to sell line while the frost talk
held up prices. On the down turn houses
the stuff and a small rally resulted. De-
cember opened a shade to s@Ac up at
weak to a d a to 4He sca ana
$50 cars n Of contract grade.
Wheat ruled dull, but held up fairly
well under the pressure. Corn was an
influence in bringing about an easier tone
but the adverse weather for spring wheat
movement, the lighter Northwestern re-
ceipts than were expected and fair ex-
port business made the market stubborn
The market in the main was one OF a
wanting character. Reports had fine
weather for seeding Of winter wheat. Ca
bles were lower. December opened I'M
to 6S3ac and closed weaker, a a sc lower,
at 6S5s @68Ac Local receipts were 244
| cars, 10 Of contract grade; Minneapolis
total for the three points Of S95 cars,
against no a, week ago. This day last
year was a holiday, consequently no
comparisons can be made with statistics
equaled 100000 bushels. Primary re-
ceipts were 1,211, 900 bushels.
Oats and Provisions.
There was an early drive against Sep
TENDER oats by elevators, which knocked
1c off the price. Receipts were only fair
at 17S cars, 16 of contract grade. But
private houses put out 81 cars and sold
against them. The weather worked
| against the grading of new stuff, but the
corn break was a bearish influence. Trade
was small. September sold from 33c to
32c and closed weak, &c off at S2Ac. De-
cember sold from 317sc to weak close.
| 1ac down at 30%c.
Provisions Were fairly active, especially
in October pork. Hogs started out
weaker and later held only barely steady
and were depressing influence. There
was an attempt to cover October pork,
| but some support was put under that
commodity. Prices rallied well for a
time, but renewed selling resulted in final
| losses in everything. October pork closed
SC off at 20; January pork TIC lower
at $14. 971a; September lard 15c lower at
$1,000; October lard 171kc down at So. so,
and January, lard Tie lower at $S47A.
tober ribs ,l71Ac at $9.S71s, and January
| ribs at $7S7h.
Estimated receipts for tomorrow:
Wheat. 225 cars; corn, $50; oats, $50; hogs,
| II, 900 head.
The leading futures ranged as follows: