St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-07
RATHER RESTFUL.
WHEAT NOT VERY ACTIVE, BUT
HALF A CENT HIGHER IN
PRICE.
-.tn
CORN IS SLIGHTLY LOWER.
RAIN AND HOT WINDS HELP THE
BULLS TO A SMALL EX-
TENT.
CORN IS SLIGHTLY LOWER.
PROVISION MARKET INACTIVE.
Fairly Good Demand for Oats, and
the Operations Manifest u
Strong Tone.

Z 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 hc per bushel. The
only states which could have material
ly brought up the average are now
complaining of damage of their own
California, Washington, Oregon, the
Dakotas and Minnesota, all sending
complaints today. Corn yielded to the
influence of the new crop prospects
and declined 5sc per blu, and oats
lost &c. Provisions show very little
change. The change in the value or
wheat over night was not very MAJ
terial at the start, but such as 1t was,
it indicated more confidence in present
prices. For the first time this season
the weather in the Northwest could
be called distinctly unfavorable for the
spring wheat, leaving out the slight
touch of frost experienced about three
weeks ago. 1t rained over a consider
able area of the spring wheat region,
and where it did not rain a high
temperature prevailed. The Liverpool
market was quoted 14d lower-on ac-
count of Improvement of French wheat
prospects, 1t was said, but more likely
due to yesterdays weakness here.
Business in the pit was of the same
local and light character that has pre-
vailed all the week, but the slight I'M
provement which marked the opening
transactions was maintained and added
to. September opened at from TO9sc to
707sc, advanced gradually to 713sQD7112c,
and closed at 71sc, avs compared with
705sc at, the end of the previous days
session. The receipts were again
small.
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,
and a considerable short interest for
September delivery. Capt. Phillips and
John Cudahy were credited with being
the principals behind deal of selling
which followed the execution of the
first batch of buying orders. Later
still the market picked itself up to
at yesterday, but when the end was
reached a sc decline had been estab-
lished for the day.
The market for oats was fairly act
i've. The early market displayed a
firmer tone in consequence of fairly
good buying, SchwartZ-Dupee and
Norton-W orthington participating in
the same to some extent. Later a
decline followed influenced by a SIM
liar action in wheat and corn, ana at
the close prices were a small fraction
lower. September ranged from 24Ac
to- 23s4c, and closed at 23s@24c
The provision market was dull, hut
in the main firm. The hog receipts
were only 5000, and for the next week
05.0OO are estimated against $4,000 re-
ceiyed altogether this week Packing
to date is 1,719,G00 against 1,539, 900 for
the corresponding period of the year
before. An advance of 1Oc took place
1n+-pork at the opening, but it was
again down to yesterdays closing
price in half an hour thereafter and
IN the end was 21s cents lower for the
day.
: Estimated receipts for Monday:
Wheat, %; corn, 135; oats, 100; hogs,
$4,000 r.
THE leading futures ranged as fol.