St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-08
RHTHER HESTFULl.
WHEAT NOT VERY ACTIVE. EUT
HALE A CENT HIGHER IN
PRICE.
CORN Is SLIGHTLY LOWER.
RAIN AND HOT WINDS HELP THE
BULLS TO 4 SHALL EN-
TENT.
pRovIstoN MARKET INACTIVE.
Fairly Coed Demand fer Oats, and
the Operations Manifest
Strong Tone.

CHICAGO, July 6.-The wheat mar
ket was firm today, but not very active,
and the actual gain in price at the
close was only PC per bu=hel. lie
only states which could have material
l. brought UP the average are now
complaining of damage Of their own
California, Washington, Oregon, the
Dakotas and Minnesota, all sendlnS
complaints today. Corn yielded to the
influence of the new crop prospects
and declined 5sc per bu, and oats
lost sc. Provisions show Very little
change. The change in the value OF
wheat over night was not very ma
terial at the start, but such as 1t was,
ii indicated more confidence in present
prices. Foe the first time this season
the weather in the Northwest could
be called distinctly unfavorabie for the
spring wheat, leaving out the slight
touch Of frost experienced about three
weeks ago. II raired over a consider
able area OF the spring wheat region,
and where it did not rain high
temperature prevailed. The Liverpool
market was quoted I'D loweT-on &C
count Of improvement OF French wheat
prospects, it was said, but more likely
due TO yesterdays weakness here.
Business i'll the pit was of the same
local and light character that has pre-
vailed all the week, but the slight i'm
prove-nent which marked the opening
transactions was main tanned and added
TO. September opened at from IO3sc to
707sc, advanced gradually to 7I5sW7l12c,
and closed at n1sc, az compared with
7C5sc at the end CT the previous days
session. The receipts were again
snail.
Corn did not break badly with such
excellent growing weather principally
on account Of the fact that there is
very good demand for the cash article,
September delivery. Capt. Phillips and
John Cudahy ware credited with being
the principals behind a deal Of selling
which followed the execution of the
first batch of buying orders. Later
still the market picked itself lip TO
within &c per Blu of the price il closed
at yesterday, but when the end was
reached q Sc decline had been estab-
lished for the day.
The market for oats was fairly act
i've. The early market displayed a
firner tone III consequence of fairly
good buying, Schwartz-Dupee and
Norton Worthington participa ting in
the same to some extent. Later a
decline followed, influenced by a sim
liar action in wheat and corn. AMI at
the close prices were small fraction
lower. September ranged from 2414c
to 23&c, and closed at 237sG24c
The provision market was dull, hut
i'll the main firm. The hog receipts
were only 5000, and for the next week
5000 are estimated against $1,000 re-
ceived altogether this week Packing
to date is l,TS,C00 against / SIS, zoo for
tEe corresponding period of the year
before. An advance of Ice took place
in pork at the opening, but it was
again down 10 yesterdays closing
price in half an hour thereafter. and
in the end was 2l3 cents lower for the
day. =
Estimated receipts for Monday
Wheat, %; corn, 135; oats, 1919; hogs,
"a C00
The leading futures ranged as fo,.
lows: