St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-08-15
NO HELP FOR IT.
WHEAT WEAKENS BADLY UN-
DER STRONG BEARISH
INFLUENCES
HURT BY THE GOLD FURRY.
THE OMNIBUS WORD lsFROST,,
ASSISTS THE BULLS VERY
LITTLE.
CORN FIRM AT THE OPENING.
The Raids on Wheat. However.
Were Too Heavy to Hold Tn
the Market.

CHICAGO, Aug. 14.-Reports of fur
Their gold engagements for export
weakened the board of trade markets
today. September wheat closed a4c
lower. corn &c lower, oats unchanged,
and provisions at declines In the
wheat market there was nothing new
but the advance Of 1Sc quoted from
Liverpool at the immediate opening.
out that appeared, like so much of the
pulllsh happenings of late, to be a
further incentive for selling. Septem>
Der dropped at once to 66$s6661ac, and
not until ten minutes later, when the
weather bureaus artist had written
frost in blue chalk on the upper
corner of the signal service map did
the market resent the conduct of its
assa1lants. In a few minutes more the
price Of September had risen to 6SJkc.
and for about an hour it kept swinging
between 663sc and 667sc. During that
time New York kept selling wheat
mere and rushing kilograms about the
amount of gold engaged for shipment
by tomorrow's steamers. At the end
OF that, Liverpool second dispatches
came 70 hand, quoting the loss of the
early 12d advance, which, with the re-
ported shipments, woke up the bears
10 further exertons. and Knocked the
A.
tons all occurred IN the first two hours
of the session.
The market was disturbed again to
the disadvantage of the price when
IBradstreets report of the worlds visi-
bic came to hand. The decrease for the
week was given as $4,000 blu, without
taxing into account Pacific coast
stocks, which were not reported. a
year ago BradstreetS gave the worlds
visible as having increased 1,6OO, 900 blu.
recAln1C af
those We're new red and five new
spring. One carload only of the red
and two carloads of the spring were
nc no. z. A year ago Chicago received
go cars, of which $40 were No. 2 Min
neapolis and Duluth reported IS cars,
against 146 a year ago. The total re-
celved at Western primary markets
was 100000 bu, compared with 1,O12, 900
receipts were 1900 blu from Chicago.
and in Milwaukee receipts 10000 bu
from Duluth. The Atlantic export
clearanceS were small, amounting to
only $500 bu of wheat and about 1000
bbls Of flour. In the last half hour the
price OF September got down to 655sc.
and it had only recovered to 666661sc
at the close.
Corn made a struggle to get up, and
for about an hour it looked as if it
might succeed to a moderate extent,
and even did SO temporarily. 1t fell
later in the day. September opened
at 5Sc, ran up to 3S15c and tumbled
back to 374c, humping and rebound
ing little on the several steps of the
decline. The prediction of light frosts
for tonight in the Northwest helped
the bulls early in the day, when they
attempted to grapple with the heavy
market: In the afternoon every con-
sideration but that of the big coming
crop was blotted out of the considera-
ton.
Oats closed steady on the near fut-
ures, while October and May fell off
14c from yesterday. The market was
slightly frmer in sympathy with corn.
The daily drag in provisions com
menced with the opening of the ses-
sion and continued to the close. In
the end pork had lost PIC, lard 21ac
and ribs l0c for September and 121ac
for January. Hog receipts were $4,000
head, and the increasing receipts with
lower hog prices aided in the decline.
Estimated cars tomorrow: Wheat rs;
corn, 5S3: oats, go; hogs, 5000 head.
The leading futures ranged as fol-
lows: