St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-08-14
STRONGER DEMAND
SPECTATORS GIVE CASH Buy
ERS A CHANCE TO MAKE
PRICES.
WHEAT ADVANCES ONE CENT
HEAVY ORDERS FOR SHIPPING
AND VERY GOOD OUTSIDE
NEWS.
FINE NORTHwEsT WEATHER.
Corn Rules Active Also and Makes
a Higher Gain Than
Wheat
WHEAT ADVANCES ONE CENT
FINE NORTHWEST WEATHER

CHICAGO, Aug. 1S.-The speeula ton
IN wheat and corn abrogated their
junction as makers of prices; they left
that TO the handlers of cash grain TO-
Gay Being left TO the latter, the price
OF wheat was advanced 1c per blu. and
september corn was raised 115c per
bu- oats recovered a little also, and
LOT all three grains the demand for
Shipment was excellent. Vessel room
was taken for 325 zoo bu of wheat. rs
V03 bu Of corn, and $1,000 Blu of oats;
=a,0gU bu Of the wheat goes to Toledo
and 1890 bu TO Detroit Initial trad
ing in wheat was at 1bG5sc decline.
but gradually sold up I7sc, eased off
74Q1sc, ruled steady, and closed as
stated The early weakness was due
altogether to the foreign news, Liver
pool being off I'D for spot and down
F4ald for futures. The weakness dis
played in the Northwest was also a
factor Tor the moment, as was the bet
ter weather for the movement.
Northwestern arrivals were larger
than the same date year back. and
We're also a feature. At the decline
there was pretty good buviner NJ
1 orK taxing on considerable and
Ioca! shorts" also purchased with
considerable freedom. Reports from
New York stated that foreig1a~s We
buying Second cables were rtr,,orTeti
as coming Steadier, and this IMPAIRED
some strength to the market. as dj5
the very lair demand for the cash ar
lcIe mere, the sales reported aggresat-
ing z0J,VVJ bu, part OF which was for
dlrect export Receipts were l2D cars.
with 10 cars contract against SO cars
a year ago, when go cars graded. Con-
tract stocks decreased last week l9S.-
Wnlch 13,14.000 bu is winter and the
balance, 1,573,GG0 Blu, spring wheat
SHOWERS and cooler conditions were in
olcated for the Northwest, where fair
We liner Ia, WITH higher temperatures,
mas lately preYailed. It was reported
as raining IN France, and was among
the minor bull items. Exports Of
wheat ana flour were somewhat larger,
a. oZV'V99 bu, CT which $4,000 bu was in
Hcur Ihe worlds shipments We're re-
ported 3,5S5,0to bu, Of which Russia con
TlDuted z,Io9,VV5 bu; sundry ports. SIS
wy bu; America, 1855, 600 bu: India,
4'55o W. bu; and Argentine nothing
Corn ruled active, the range for tht.
Gay being 1Q214c, the close showirl..
safe advance. Initial trading was
at 3sG9sc loss and sold off a fraction,
but soon rallied &4a1$sc, declined IL,
advanced IG11sc, ruled steady and
closed as stated. The early weakness
was due in a measure to fayora bic
weather, but the early offerings of al:
QeHVer1es We're quickly absorbed, thl.
mouse most prominent on the selIins-
side yesterday being more active on tn,
buying side today and was one of tbs.
features. The weather reports of Iowa
and Indiana had a little drought talk
in them and the market possibly was
affected some by the same The mar
ket acted a little as il ii oversoId. The.
cash valuation was strong and was-
a factor IN strengthening values. Nc
was held 1c over September and M,
yellow 112G1S4c premium. New YORK
reported all the offerings to the Other
side accepted this morning. Exports
were liberal at 229, COO bu, New York
sending out $4,000 bu, Boston $4,000
bu and Baltimore 5000 bu With
drawals from store here were 237, $50
bu, and charters were made for 25S. 00o
bushels. Gables were weak, spot being
down Id and futures off 112d. Domestic
markets all ruled firmer. Contrac,
stocks decreased 1881 bu last week
and are now 1,l0S, 314 bu, against l.
329, S46 bu for the cores ponding date
year back Local receipts were
large, at $40, and 40 cars are esti-
mated for tomorrow. Fair and higher
temperatures were noted on the
weather map for the corn belt bur
cooler conditions with showers are in
dicated, except for Illinois, Missouri
Michigan and Indiana
Oats were rather quiet. At the star,
the feeling was easy and September
declined 14c from yesterdays close
The strength IN corn and wheat and
better local buying to cover shorts,
and also some buying for New York,
had d good effect After the first run
the selling offerings decreased, and
prices advanced 2sG12c. The close was
steady with a gain OF 14G3sc for the
day.
Provisions continued their gradual.
everyday decline. The presence of
ample supplies for the existing de-
mand and a big corn crop prospec,
have removed all speculative bull feel
ing. Compared with yesterdays clos
ing prices pork is 1215c lower. lard is
&c lower and ribs declined 21ac for
September and 11ac for January. Re-
ceipts of hogs today were 1900 head
and 1900 head are estimated for to-
morrow.
The receipts for tomorrow were es>
tinated as follows: Wheat, SO cars;
corn, 40 cars: oats, 165 cars: and Il. 900
hogs. Vessel rates were firm at 11sc
for wheat and 112c for corn to Buffalo
T5e Ieadi19 fsfnTes Ts1Ssd q ri.