The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-10-21
WHEAT PRICES NERVOUS
BUT THEY LEAVE OFF ABOUT
WHERE THEY WERE MONDAY
December Is. Up Hsc Corn Rises a Bit
and Oats Are Lower-Easier Cables,
Favorable Weather and the Wall Street
Situation Combine to Exert Depressing
Influence Upon Wheat

CHICAGO. Oct. 20.-Wheat prices were
nervous again today, due to a feeling of
uncertainty in the minds of traders as to
the outcome of the financial troubles in
the East, but closing prices were about
where they left off yesterday, with De-
cember up &c. December corn was
while January provisions closed from 10
Q121sc higher
Easier cables and favorable weather for
the movement. as well as the situation in
wall street. were influences that caused
wheat TO open barely steady, with Deem
Der UP a shade, to 1a@Ac lower, at 500
SeAc. Local traders were inclined to be
rather cautious in their trading early in
the day, and there was some scattered
LIQUIDATION, but with reassuring news
from Wall street and on active buying by
one or two big bull operators. the market
quickly developed a stronger tone. The
best support, however, came from the
conditions in the Northwest and the i'm
proved export business. Duluth reported
10O. 600 bushels taken there for shipment
and reports from Minneapolis said that
the country millerS were buying wheat
there: December was in active demand
and advanced to size. At this figure
there was considerable profit taking, and
the sentiment during the latter part Of
the session was inclined to weakness
S0%c.
CIearances of wheat and flour were
equal to 77S, 400 bushels. Primary re-
ceipts were 1854 800 bushels, against /.
7s7,40O bushels year ago. Bradstreet's
world visible supply showed an increase
for the week of $500 900 bushels Mime
apolIS and Duluth reported receipts of
I4I cars, which, with local receipts Of
1O4 cars. none of contract grade, made
total receipts for the three points of 851
cars, against 1859 cars last week and
liz cars year ago.
Corn Buyers Turn Sellers.
Corn was easier at the start. due to
favorable weather and lower cables but
In the absence of any special settling
pressure. firmer feeling was manifested.
commission houses and local shorts
bought literally during the first hour
out later, when wheat showed signs of
weakness, many of the early buyers turn
ed sellers and the gain was lost. Deem
Der ranges between 1890 and 44Ac clos
Ing a shade higher at 1880. Local re-
ee1pts were 435 cars, with 26 of contract
grade.
Trading in oats was only general and
prices fiuctuated within a narrow range
Ihere was buying by some of the cereal
people. While the selling was scattered
Country offerings were light and receipts
somewhat smaller. After selling between
so q35Hc. December closed B@Ac lower,
at 35c. Local receipts were 299 cars.
In spite OF lower prices for hogs at the
yards, the provision market ruled firm
due mainly to fair support from pack
erS, although shorts We're also good buy
erS. January pork and lard each closed
1212c higher, at $11 S71a and sc. 5215 re-
speetively, while ribs were UP 10c, at
$6.27k.
/. Estimated receipts for tomorrow:
cars; hogs, $1,000 head.
Range of Quotations.
The leading futures ranged as follows: