The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-08-01
THE MARKETS..
PRODUCE MARKETS.

The Wheat Market Weak and Lower
Gables Firmer-The Fever Of
Yesterday Leaves the Patient
Sick.
MINNEAPOLIS CHAMBER OF COM
MERGE July 31.-This is the last day of
the month and a weak market in wheat
marks the end. Yesterday wheat advanced
without cause other than sensational re-
ports about damage to corn and the later
crops of spring wheat. This morning many
of the wild stories were contradlcted and as
a consequence we have to record weak,
of Yesterdays advance wiped out
and strong prospect Of
slide to a lower level before the close.
The news of the day was very measer,
from the fact that but few had anything TO
saw The early cables advised of quiet but
firmer markets in Britain, and on the con-
tnent duh and inactive markets Inc
weather in England and the continent was
said to be favorable for harvest operations
and that a good yield is counted upon.
Clearances from the seaboard We're large OF
wheat and flour, aggregating nearly mil
ion of bushels. This was completely oliee,
by the enormous receipts or new wheat a.
winter wheat centers notably Toieoo WIN
over 100000 bu; st. Louis, 100000 bu' anu NJ
cago upwards of 100000 bu Othet points
not reported will likely show IKE results
There was no feature to the market worthy
the most of the trading with some evening
up of trades pending delivery day. -.
July wheat opened at soc. being &c under
yesterday, and up TO noon there was no
change.
September wheat opened at 5l7sc, against
521a 052asc Yesterday. lost sc, frmed up 10
52ssc declined TO 515sc and by noon helo d,
5l24c.
December wheat opened at 5S$c, against
54lsc yesterday lost Lice 1lrmed up 70
n
a
The cash wheat market ruled very SLOW,
there being but little demand from any
source Holders who were firm in the
morning were glad to grant concessions IN
order to make sales. No. l hard was held
at 59c No. l northern at 51M5ll2c, and No.
2 at 55@5Gc Sales were made as per state
ment below.
Receipts here were 10S cars, and ship
ments 81 cars.
During the noon hour the market was
very weak on lower cables and Brad
streets report, showing an increase OF
nearly 100000 bu east of the Rockies for
the week July wheat closed nominally
at 541ac, September at 5l12@ol3sc, and De-
cember at 53l4c.
MINNEAPOLIS WHEAT-RANGE OF
PRICE.
The following was the range OF price Tor
wheat today at Minneapolis:
Open High Low Clos
ing. est est. ing.
Julv ... 50 SO 544 54l2
September ..... SIS 52l2 5l-511s 5l125s
December ...... 1884 5414ss 52's 53l4
Closed Yesterday-July, 55Ac; September
5214M523sc; December, 54lsc.
On Track-No. l hard, 5Sc; No 1 north
ern 65Iac; No. northern, SOC.
Curb on September wheat ............ 81 2
Puts on September wheat, sellers 81
Calls on September wheat ............. .52
SOME SAMPLE SALES.
No / hard, 2 cars f. o. b................. 60
No hard. | Observation-Disclosures. 591l
No. l northern, cars. ................... %
No | northern Observation-Disclosures. Sly
No. | northern, l car....................... ola4
No | northern, cars. OBSERVATION-DISCLOSURES. 81
No. | northern car new, o. W. b...... 5421
No . northern Observation-Disclosures. IS
No northern, cars stack steamed. 30
No 8 wheat l r.......................... %
Rejected l car l III off Observation-Disclosures. 531 y
Rejected l car lb off. 81
No. oats. l car delivered. Observation-Disclosures. 81
No. 3 oats, l car delivered. .............. S114
n0t I 6al