The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-10-28
WHEATONTHE lR0OP
outside MARKETS ARE WEAK AND
STATISTICS REARISH.
General Selling by Commission Houses
and Local Traders-Recovery Follows,
but Is Only Temporary-oats and Corn
Have Also Retroerade Day.

CHICAGO, Oct. 27.-Weak outside mar
kets and bearish statistics caused weak
ness IN wheat today and December closed
sc lower. December corn was off I'm
ascs oats were CSC lower and Januarv~nro-
visions we're from .7sc toz71kc lower.
Seiilng by commission houses and To-
cal traders was quite general at the OPEN
Lug, influenced by the brighter PROSPECTS
!of peace. in the Orient Increased ra5laintS
IN the northwest and extremely favor
able weather. December was UNCHANGED
20; 20 7sc lower at S13sc toIS11ac, and dur
S snsl tue aFsty hour the price declined to
oo%sc, with very little demand Commits
sion houses were fair buyers and with a
iet-up In the selling pressure the mar
het later became somewhat firmer. but
the recovery was only temporary Larger
worlds stocks than had been estimated,
braqstreet s showing an increase in the
visible supply OF 4,42S, 600 bushels. re-
sultea In considerable selling the last hour
Vi 'tne DAY and the market again turned
weak, December selling off to 8O3sc. Out
slde markets Were all lower and this fact
acted as depressing influence during
the latter Fart of the session. The de-
mand improved slightly toward the close
on reports of good export business at
the seaboard and December closed at
So5sc, loss of &c for the day.
Giearances OF wheat and -four were
equal to LOG, 700 bushels. Primary re-
celpts We're 1,229,100 bushels. against
1,6S5,0OO bushels a year ago. Mime
apoiiS and Duluth reported receipts of
Sl9 cars, which with local receipts of
153 cars, three of contract grade, made
total receipts for the three points of 972
cars, against S51 cars last week and 1,044
cars a year ago.
Downward Tendency In Corn.
Corn was still tending downward, ow-
ing to continued fine weather. Trade was
quiet, with further bear pressure from
the provision crowd in evidence. Liberal
receipts helped to increase the specula-
i've weakness. as did also an increase in
contract stocks. About the only support
ing factor was reports of poor huskings
from various points in Illinois After
Selling between 1880 and 44c, December
0nsed "a @asc lower at 43% Q43%c Local
receipts were 604 cars, with 81 of con-
tract grade.
SLTrading in oats was dull and uninterest-
ing, with prices inclined to weakness in
sympath with the decline in other grains
!Ehere was moderate selling by the same
interests that were selling corn, but buy
erS were few. December ranged between
86A @357sc and 961s @D36Ac, closing &c
lower, at SIC. Local receipts were 367
cars.
Trading in provisions was slow and in
cfined to heaviness, with prices showing
Slight losses due to weakness in the hog
market and the decline in grains. There
was some support for January late on
the. decline, but otherwise the demand
was poor.- January pork closed 71sc
lower at s$12j January lard was off 21ac at
$3.50, while ribs were down SC at Sc. 271z.
The estimated receipts for tomorrow
oats, las cars. and $4,000 head OF. hogs.
Range of Quotations.: -
Z The leading futures ranged as follows: