The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-09-01
MARKET SUMMARY.
FINANCIAL.

CHICAGO Aug. 31.-Grain and provision
markets today gave further indications OF re-
coyery from the fever of last week and trad
ing was chiefly characterized by its dull
ness. Corn was perhaps, the most active
of all the markets. Wheat closed 12c high
er; corn about unchanged; oats 7sc lower,
and provisions unchanged to TIC lower.
Wheat opened firm at an advance of from
u to 1c per bu for December, the only ap-
parent reason being the strong Liverpool
market The opening quotation from Liver
pool gave wheat futures at q advance, and
the next cablegram at I'D further improve
ment, making the gain 11ad before trading
started here The tendency during the next
two hours was to grind a little off the start
ing advance. The market mill was not run
ming with its recent velocity, so that the
fractions came off reluctantly, and when
the bears ceased grinding out short wheat the
reduction that had meantime been affected
was partly re-established. September was
only occasionally heard from and then it was
at some little discount from December, some
times 1sc and again it would be &c under.
December started at from 90A to 9Oasc, de-
cined to 897sc, recovered again to 9OAc, and
then had a more severe decline, getting down
to S91ac as the bottom Of the next depres-
sion. This was due in great part to
sellers there While futures of wheat at
Liverpool opened higher, spot wheat was re-
ported Id lower. Continental markets were
said to have opened at some advance and
Liverpool cabed that Russian offerings were
small. The London Mark Lane Express re-
ported the Russian wheat crop decidedly be-
low the average Chicago receipts were
377 carloads, only Sc of which were contract,
and the quantity inspected out of store was
10000 blu. Minneapolis reported $40 cars
and Duluth 221 a total of SCI, compared with
1896 the corresponding day Of 1896 Atlantic
port cearances were again very heavy at
1,O25 900 bu in wheat and flour, of which
673 900 bu were in the raw grain. New York
later reported a better tone to the cables
received there from the United Kingdom and
some few acceptances Of offers cabled. The
market was small and of a scalping nature
after the first hour and the pit was deserted
by large number of the most active scalp
ers who transferred their attention to corn.
The closing price for December was S978c.
Corn was firm within 9sc range, the prin-
cipal motive for the strength being the con-
tinued dry weather. Smaller receipts than
expected were influential at the opening. De-
cember opened ss@5sc higher at 321a@32a4c. 1t
kept for a long time within about that range,
then yielded TO &c and closed at 92GJ321sc.
Trade on the whole was fairly active.
range of only 14c was covered by oats. Most
of the rather limited business done was in
the way of exchanging, elevator people buy
ing September and selling May, while the
general run of bulls did the opposite. The
tendency was toward easiness. Receipts were
4S3 cars. December opened unchanged at
2OAc. 1t ranged between 2O9s and 2014c, clos
ing at the latter price. A fairly active trade
was done in provisions at an average slight
ly over yesterdays closing, but the close was
generally at a slight reduction. Trading was
mostly in the way of changing. At the close
cember lard unchanged at S495, and Deem
Der ribs unchanged at SEQ; October and Sep
TENDER ribs closed 212G712c lower. Estimated
receipts tomorrow: =Wheat. $50 cars; corn,
1850 cars; oats, 400 cars; hogs $4,000 head
The Lead1np INJURIES Hanged as foloWs.