The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-09-25
WEAKNESS IN GRAINS
MANIPULATION IN SEPTEMBER APP
PARENTLY AT A STANDSTILL
More Attention Paid to Natural Inf7u.
ences, Which Have Dropping Tenden.
cy-TaIk of Large Shipping Business
at Duluth Brings Rally In Wheat.

CHICAGO, Sept. 24.-Weakness pre-
vailed in wheat on the Board of Trade to-
day, and when it was found that manipu-
standstill more attention was paid to nat
ural influences, which had downward
tendency September wheat closed I'M
changed chan while December was re lower.
Corn closed higher, with September up
1c, and December 3@kc better. De-
cember oats were &c higher, and jan
uary provisions closed from 121sc to 15c
higher.
The general impression in the wheat
pit was that the September shorts had
all covered, and the market early was
weak. Later in the session there was
talk of a large shipping business at Du-
luth, which, combined with the strength
in corn, brought about a slight rally. The
same interests that have been active in
day of December stuff. The principal fac
tors were fine weather In the Northwest,
with liberal receipts in that section and
selling by Northwest here. An estimate
on the Russian wheat crcp of $40, 900, 900
blu. the largest on record, was a weaken
ing feature.
How the Fluctuations Went.
September opened unchanged to Nc
lower, at 79% @S0c; sold down to 7Sc, Ial
lied to S212c, and closed unchanged at
Soc. December opened a shade to 40
between CSC and 6914 @695sc, closing NC
lower, at 697s @69Ac. Primary receipts
were 1859, 900 blu, compared with 1,313,-
900 bu a year ago. Clearances of wheat
and flour were equal to 691, 900 blu. Min
neapols and Duluth reported receipts Of
SAT cars, which, with local receipts Of 1873
cars, none contract, made the total re-
ceipts for the three points Of 9S5 cars,
against 951 cars last week, and 1853 cars
year ago.
After a slight decline early in the day.
corn was strong, in spite of the weakness
in wheat. Free selling by a leading COM
mission house was the cause for the early
weakness. Excessive rains throughout the
corn belt, together with light receipts,
Were the main bull Influences. There was
a good demand from leading longs, while
shorts covered freely. TIE opinion seems
to be gaining ground that shorts In both
September and December Will nave con- on.
siderable trouble in getting contract stuff
to fill orders. September opened A@Rc
lower, at 6oas %61c, sold up to 621sc, and
closed 1c higher, at 62Ac. December
45Hc; advanced to Acc. closing ss@Ac
higher, at 45k @45Bc. Local receipts
were 2SS cars, n contract.
Oats and Provisions.
There was a strong undertone in oats,
although trading was light. A good de-
mand from shorts with but small ofLer.
weather and light receipts also added to
the strength. December opened unchang-
ed, at SOAc; sold up to 3l7sc Sc reacted
slightly, closing &c higher, at 81 sc. Lo-
cal receipts were 127 cars.
Provisions ruled firm, and for the most
part of the day prices were higher all
around. Commission houses bought Jan
uary pork, while packers. We're the sell.
ers January pork closed 15c higher, at
1888, after selling between $l5.l5 and
$3.50. January lard was 15c higher, at
$S77h, while ribs closed 121sc higher, at
$S.15.
Estimated receipts ozd for o, to NOR ~;
Wheat, 100 cars; corn, 270 cars; oats, 14o
cars; hogs, $1,000 head.
The leading futures ranged as follows: