The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-06-22
SUMMARY.
FINANCIAL.

CHICAGO, June 21.-Trading was dull in the
grain and provision markets today, especially
SO in wheat, and this lack of interest was. in
a great part responsible for a sc decline In
mat staple. Corn declined A6asc, and oats
4sQAc lower. Provisions were mysteriously
strong, closing unchanged to 71@c higher.
IN wheat the market at the opening and
Tor a portion of the time thereafter was weak,
under the favorable weather and accounts
from the country where cutting was in
progress. that the yield promised to be heavy
and quality coed. Shows weekly crop re-
port estimates the combined yields of Texas,
oklahoma and Kansas at 10, 900, 900 bushels.
against 47,4S3, 600 bushels produced the wear
before. July wheat, which closed Saturday at
oS3sc, started this morning at 6815c. and fell
OH 10 6S14c in the course of fifteen minutes
traolng. There were no regular quotations
Irom Liverpool on account of the queens iubi-
lee, but curb prices there were quiet and un-
changed. The worlds shipments of wheat
ana hour to Europe last week were 5.139, 900
d. winch was contributed to the fol-
rowing proportions by the countries named.
United States, 2,547, 600 bu; Russia. 2.376.-
Vo bu; Danubian countries, 216. coo bu.
Inc total world shipments on the preyi-
Gus week were 5,322, 900 bu. The GUAM
tty Oh ocean passage decreased LAO. 900 blu.
NneS FlSlDie supply statement
showed a decrease of 2,O1S, OCO Blu, against
d Increase for the similar week the year be-
lore Of 667,0 600 blu. Quantity now in
sight is POSTS, 900 blu. against as sq 0oo
ou a year ago. Predictions were made of
a 1000, bu decrease in the worlds visible
Inc market gradually recovered to 6s15m
Oo3sc, under the influence Of the bu,lish STA
ustcs, but that marked the limit of the
strength, and from there, prices slid SLOWLY
off to the close.
me ooard today voted on the proposed rule
10 prevent proprietors or managers of reeu-
lar elevators dealing in grain stored in +beir
own elevators, or storing mixed or cleaned
wheat IN them, the penalty being that the
muses. violating the rule shall be declared ir-
regular. The interest taken in this detracted
eieouy from erao1ng' The result of the voting
was d decisive defeat for the proposed amend
meht. chicago received eight carloads and
minneapolis and Duluth together 314 com
pared with 293 last Monday and 58e q Yea =
ago. Exports from Atlantic seaboard waro
equal 70 $50, 600 bu. The price of I,1,
worked down finally to 67%c, and was bring
ing 67B@68c at the close.
corn was easy with the bears a good deal
no1e aggressive than the bulls. There was
some nrmness around the opening on the
COOL weather, but predictions Of warmon
weather tomorrow and the weakness of wheat
caused offerings to become free as the session
progressed: The visible increased 747 Goa
o ousneis' Local receipts were 437 cars. July
opened a shade lower at zoe, sold at 25hc
and declined to 24%@24Ac, closing at S4lSS c
sellers. There was a fairly active session in
oats. Elevator people sold quite freely. and
caused a SIlght decline in prices. The weather
Was considered most favorable for the cron
Inc visible decreased Sc, 600 bushels. ReceiDts
were Z9l ,OO0 cars. July opened a shade love-
at at lS1$e, sold at 1S7A@1SAc, and declined to
in spite of the large hog receipts' Co nuO u
sion houses were good buyers of pork and
iard. Every one reported an exceptionaiT
I was az, eash ht demand; At the c,ose, July pork
at $3.7O, and July ribs unchanged at 81 53IZ
d Gstlmates for Tuesday: Wheat. s cars: corn
OUT Th cars rs; oats 40 cars; hogs, 21,OOO head.
me Ieadlng futures ranged as follows: