The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-10-31
GRAIN TRADE IS DULL
sEARIsH REPORTS CAUSE EASIER
TONE IN WHEAT.
Better Demand Late in the Session Braces
Prices Up and the Close is Shade
Higher-May Shows the Most Decline
Corn Leaves Off Higher and Oats Lower.

CHICAGO. Oct. 30-Extreme dulIness
and bearish reports of. the Australian crop
caused an easier tone in the wheat pit
To-Day, but little better demand late in
the session stimulated prices, and Deem
Der closed a shade higher. December
corn was also shade higher, oats were
on "A lose, with January provisions I'M
changed to TIC lower
The wheat pit witnessed repetition of
Yesterdays trading, or rather lack of
tradlng, the market being extremely dull,
win prices inclined to weakness. News
from all sources was bearish to begin
with, rains being reported in the West,
which Were much needed by the growing
winter wheat. and the Australian crop
6 Deedahg estimated at an excess of 12,000.-
t go0 bu or the largest crop on record.
Ihese influences caused declines at the
start December opening Is @Ac lower at
Se1sc. Trading in this delivery was
business being confined to operations in
May, and this month showed the most
decllne, the nearby delivery showing rel
alNeiy STEADY. The feature of trading
was the Selling of over a million bushels
OF May by prominent concern and it
was this selling that was largely RESPONSE
pie Tor the weak undertone which pre-.
vailed the greater part of the session
The ST. Louis market showed a good adj
vance late in the session, and caused
a better demand, which resulted in a lit
tie, n m tone. After ranging between
1878 QS0c and S0$sc, December closed a
shade higher at S03sc
Clearances of wheat and flour were
e equal to o. 1 Ia blu. Primary receipts
were l,zOI.S00 Blu, against I'LL, 100 Blu a
year ago. Bradstreet's exports of wheat
and flour for the week Were 1895. 600 blu.
compared with 5,997, 900 bu last year. Min
nneapolls and Duluth reported receipts of
oO5 cars, winch, with local receipts of 90
cars, one contract, made total receipts
LOT The three points of 933 cars, against
1913 cars last week and 103 cars a wear
ago.
Corn Remains in the Rut.
=, The corn market was still in the rut,
mere helng nothing in the way of news
TO awaken speculative interest in trad
ing. There was fairly good demand from
commission houses and some selling by
local longs. Indications of a break in
the nne weather conditions and a good
cash demand We're supporting influences
Wh1ie the easier tone of wheat had a de-
pressing effect. The close was steady
Wlth December a shade higher at 437s a
44c, after selling between 1880 and 44m
I 44ssc. Local receipts were $50 cars, "a
OF. contract grade. -.
Grading in oats was small, and about
the only feature was an early selling
fer December from commission houses
and moderate buying Of May and Decem-
Der by cash houses. Prices fIuctuated
W vTl1i az narrow range, December closing
40 &c lower at 355s @35%c, after rang
We're 1 TO cars = EFs, 80
Provisions, had a. firm start, although
ms fScSipfS were MUCH higher than an
tlc1pated and. quotations from the yards
were lower Early in the day some weak
ness developed on selling out of cash lard
by people who had it delivered to them
before the opening. An improved hog
market late in the day caused a steady
close. January pork being unchanged at
$d2:1o, January lard a Shade lower at
$$es. 59 and ribs TIC lower at
ESTIMATED receipts for tomorrow.
Wneat, 30 cars; corn. 455 cars; oats, 265
cars; hogs, 1900 head.
Range of Quotations.
The leading futures ranged as follows.