St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-26
WHEAT WAS WEARY
Too MUCH ENERGY EXHIBITED
IN WEDNESDAYS
MARKET.
THE BULLS TOOK A REST
AND BEARS IaIPRoEED THE oP-
PoRTUNITY TO MAKE A
RAID.
A REACTION CAME LATER.
The Market Closing at 20 Use for
September Wheat Crop Re-
ports ConiIcting.
THE BULLS TOOK A RES
REACTION CAME LATER.

CHICAGO, July 25.-The energy of
yesterdays sc adVano<. i'll wheat left
the market weary today. Compared
with closing prices, of the day before,
wheat is 1850 lower. corn has lost 11sc,
oats &c, and pork 10c lower.
wheat started ljlrle wild, but i
was soon turned down and made TO
drop some OF its so suddenly acquired
bullish enthusiasm. SaotAml cr sol.l at
from 72c to 72lAc at the start, hut sen,
ers at 72c were more numerous than
buyers, and in about fifteen minutes
from the opening ell that was wanted
at 71Ac could be obtained for a minute
or SO before buying again assumed
Sufhcient urgency to cause reaction,
Ine big advance Of the day before
caused the Liverpool market to come
III with sympathetic rise OF I'd, Tut
outside OF that there WAS no nIw feat
ure of striking character.
Chicago inspection was of So car
loads, AZ of which were new red and
OF these No 2 On the CORRESPONDING day
OF the year before The receipts here
We're 437 cars, of which IS were Of the
contract grade. The Total of the re.
ceipts at the primary Western markets
today Were 307, coo bushels, as con-.
pared with 994, 900 bushels Il wear AGO
L IL
luth were 15S cars, COMPARED with &c,
carloads on the similar day OF the
year before. The export clearanccs
from the four principal Atlantic sea,
ports were equal IN wheat and -four
together to only ia 40 'uSl.els. The
closing cablegrams We're all firm. IIiv,
erpool closing at an advance Il I'D
since yesterday. Paris improved rom
10 confines to 20 .:an lines: AMI ,.crn
RaY,ii,
TO 212 marks. News from the Dakotas
ana minnesota was OF the usual cons
Trajectory character, suggesting that
the crop must necessarily he as spotted
as the news concerning it. 4 writer
wheat millerS association IS ,.-pIiteo
with reporting that Ohio, TllincIs. In.
diana and Kentucky uhTeshing leturna
snow a yield Of one hIshel Der acle
more than was indicated by the last
COVE rrment r p TT TIE market b Gaze
very ragged and s0mewnat nervous
after the first decline to 1912. II 1eccy-
ered to n$sc after that ana still Ia ter
1t had a break to Wioc, with another
recovery to n1ac. Sn3rts were appar-
emily not happy. Partridge STOPPED
more than one decline by the FIRE edom
OF his purchases, ana the terrols OF
yesterday jump in prices CiWelt stead,
lily in the minds of the shorts On the
other hand, the Scalplag crowd rad no
hesitation in selling at lie or over, an
from these opposing forces a sort OF
1
| price of September between Ir55c and
| H$sc. About fifteen minutes from the
| close DISC was the current price hut
at the close September vas down to
707sc.
The corn market vas dull and ;.eayx,
with prices inclined downward fer the
! most part. The trading was light and
| the transactions confined mainly 10 the
! operations of the local s.alpers.
Receipts were 80 cars y shipper
| took about 100000 bushels of September
corn, principally at a quarter of a cent
| from 44a4c to 4412c, declined D aSasc
! and closed at 1880.
| The early market for oats vas firm
| on July and weak on the more remote
| futures. The weakness "a futures was
| principally the result o. advices from
the Dakotas and Iowa stating that con-
| dltions We're very line. Sen,cmher
to 2212c, and closed at 2298c.
! The provision market was generally
! heavy and traders iistlass a.J1 i:,di1ter-
! ent. The opening was "a & slight ad-
| vance in consequence of the receipts
| OF hogs, amounting to only II 900 head.
tendency in wheat had depressing
| effect, and soon made Itself FELT in
! lower prices for hog products After
| opening at 5000, September pork de-
clined to 5000, and closed at SO. rs
Lard rose PIC at the start, but losu it
change since yesterday. Ribs became
quite weak after a 212c advance at the
| start, and rested with a loss for the
| day of &c.
Estimates for Friday: Wheat, 65
cars; corn, 90 cars; oats $50 cas-; hogs,
! 10000.
Inc leading futures ranged as 1oi-
| lows: