The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-10-27

CHICAGO, Oct. ga nervous senti
ment permeated trading in wheat today,
uue 10 the uncertainty surrounding the sit
uatlon at st. Louis, but after ruling weak
the greater part of the session. fair
rally was experienced late in the day on
d better export demand, and December
c cnrst o, Win + gain of h@Ac. December
lower. - ~
The opening in wheat gave promise of
q pun market. Liverpool cables showing
better prices and a big advance being re-
ported at st. Louis. There was good
general buying of both December and
May at the start, the former month OPEN
S1Bc. with May about steady. A good
zeal OF long wheat came out on the ad-
vance. and there was also selling for short
account, and when a break occurred at
St Louis the market here also declined
Large worlds shipments and favorable
Weather We're responsible for some of the
seinng pressure The continued liberal
shipments from Russia and the shipment
OF 10000 bu of wheat from Australia,
which country has been on an importing
oasis for the past few years. We're the
principal bear factors. The decline in
corn also helped to 6epress wheat prices
ana under these influences December
dropped to Sic. A smaller increase in the
visible supply than had been expected
oilly lSSOoO bu-together with reports from
the seaDoard OF fair export business had
Strengthening influence during the
i IA hour and the market recovered much
of the earlier loss. December closed with
gain of 7s@Ac at S1kc
Ciearances of wheat and flour were
equal to 261,O00 bu. Primary receipts were
LOO, 100 bu, against 1,S75,100 bu a year
ago. The amount on passage decreased
94S,OO0 bu. Minneapolis and Duluth re-
ported receipts of 912 cars which, with To-
cal receipts of 81 cars. none of contract
grace, made total receipts for the three
points of $50 cars, against 929 cars last
week and 1,405 cars year ago.
Corn Is Unsupported.
Support was lacking in the corn mar
ket, and, as result, prices ruled wean
Inc opening was steady on firm cables
and strength in wheat, but weak tone
soon developed on profit taking with SELL
ing by provision interests. The excellent
weather was bear factor and the dull
ness of trade tended to hold prices down.
After selling between 43A and 44%c De-
cember closed 1ac lower at 44hc Local
grade.
Oats also suffered from lack of trade.
ana, although opening prices were steady
on the strength in wheat, when one or two
commission houses began to sell the mar
Ket turned weak and remained on a lower
level the entire day. The weakness in
corn had depressing effect. December
closed at loss of &c at 36Ac, after rang
ing between 36Bc and 36%c. Local re-
ceiptS were pa cars.
Provisions had an easier undertone due
| TO selling by packers, who We're promi-
nent buyers Saturday and in the absence
| of any material support. Smaller re-
eelpts of hogs, with an advance of from
&c to loo in prices of hogs at the yards
caused slight show of firmness at the
start, but~tne market soon turned weaker
January Pork closed 71kc lower 4,
'$I2.0I Y; January lard was off 21bc al
$66aK, and ribs were also down 21bc al
| $6.3213. .
The. estimated receipts for Tuesday are
| wheat, lao cars; corn, $40 cars; oats $751;
cars, and 1900 head of hogs.
Range of Quotations.
The leading futures ranged as follows