St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-22
WHEAT ADVANCES ON NEWS
,Iq STRONGLY FAvORING THE
gle BULLS. ~
GAINED ALL THE MORNING.
OPENING WITH A HEsITATING
CigFEELING, THEN STARTED ON
UPWARD MOVE.
CORN PRACTICALLY UNCHANGED
Oats a Little characterization
9Firmer, With an Advance of
Prices.

CHICAGO, July 20.-Wheat was firm
er today and closed l cent higher than
1t did yesterday. An indication that
supplies from the competing foreign
exporting nations were giving out, and
repetition of the complaints regard
ing spring wheat in the Northwest, con-
tributed largely to the rise in price.
Corn was upheld by the small receipts
and good demand from consumers
The price shows no change, however,
for the day. Oats closed higher, and
provisions were firmer without conse-
quent advance in values. For few
minutes after the opening the wheat
market appeared to hesitate which d.
rection it should take up or down. 1t
quickly made its mind up, however,
and became firm. The following are
some Of the features of the early news,
which caused prices to advance: The
Argentine shipments for the week were
only 100000 blu, compared with over
$4,000 blu of the week before; the Liver
pool market was quoted from I'D to
"a higher, and the weather in Eng
land wet and unfaVoTable for the
crops. The Berlin market was re-
ported three marks higher, and Balti-
more wired early in the day that there
was good demand there for exports
with sales of fifteen boatloads for.
prompt Shipment TO Liverpool up to
the time OF sending the dispatch
Wh1le the exports were small the
movement OF new wheat to the cen.
lfdl markets were also very light cons
pared with that at the corresponding
Tune OF last year. The opening trans.
actlonS We're at the lowest prices of the
day and the closing trades were abou,
81 TT the highest. A lew sales of Septem-
per We're made at as low as 661sc, ana
II was freely traded in at 67I4c near
tne clGSe ana few trades at 6i9sc AT
the close 6lAc was bid and 67l4lr673sc,
was the trading price.
The good constructive demand and
small stock of corn asserted them
selves today as superior in their in.
huence IN the speculative market to q,
pIoihl ed abundance when the new
crop shall be matured. The receipts
TO-DAY We're only 2l2 cars and 1S0 are
all that are expected in MONDAYS in
spectlon returns. September opened at
from 4394c to 1890, advanced gradually
to FAC and closed at 1856 The Liver
pool market was quoted I'D lower.
For Saturday, trading in oats was
slightly out of the ordinary. Free
buying by the crowd and a higher
e ebhm mar dan,, the result Of good
advance, and the session was firm
throughout. September started at 223sc.
SOLO up to 22a4c and closed at 225sc.
ne proNlslon market was firm at the
start ana quite strong at the close
Ihe falling off in the hog receipts told
OF something at last. Compared with
Yesterdays prices pork is zoe higher;
lard, nc higher, and ribs are up 121ac.
The weeks receipts of hogs numbered
ii3,40l head, compared with 115,01S on
the parallel week of the previous year,
the day run being only 5000 head. For
next ext week 15,GO is the estimated run.
me receipts for Monday We're esti-
mated as follows: Wheat, 63 cars:
corn, 1sO cars; oats, los cars, and 1900
head of hogs.
The leading futures ranged as fui.
lows: