The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-08-28

CHICAGO, Aug. ga desire on the part
of September shorts to cover up over Sun
day caused prices to tend upward today in
the wheat pit. September closed &c higher
and December gained ~. Corn rose NC
Oats are unchanged to 1sc up. Pork ad-
vanced 2hc, lard &C and ribs TIC.
Wet weather in England and reports of
failure Of the wheat crop in one of the grain
producing provinces of Russia were given as
reasons for the Liverpool quotations of
wheat showing an advance of from sd for
September to Esd for December. The ad :
vance on the other side. where a decline had
been confidently looked for, was the princi-
pal reason for higher prices at the opening
here. Behind the improvement at Liverpool
there was the still abiding cause of anxiety
to short sellers for September in the exist
ing scarcity Of the grain in commercial chan
nels. Comparatively heavy receipts in the
Northwest was the qualifying condition OF
affairs at the start that the bears took COM
fort from and prevented anything like q
panic among them from the disturbingly
small amount in store.
The weeks shipments of wheat and flour
from both coasts were reported at 1858 T5S
blu, compared with 3,9S8.060 blu the previous
week. Chicago receipts for the day ware
1S1 cars, against 100 the year before. Min
neapolis and Duluth reported 692 carloads
of the year before. Total receipts at West
ern primary markets were 753, 600 bu, COM
pared with 1,1s2,060 Blu the year before. At
lantic port clearances for the dey were equal
nestle winter wheat receipts were again
strinkingly smaller than those of the pre-
ceding year. September wheat opened at
$3.50 and kept steady between that price
and 631Ac during the greater part of the ses-
sion. December most of the time kept at &c
under September.
Firmness was the prevailing feeling near
the close, when prices were at their best
for the day, September selling sparingly at
64@641sc and December at 61%c, but beth
reacted fraction on the last few trades.
September opened &c higher at 637sc, de-
clined to 631kc, rose to 64g64hc, and closed
at 64c. December started S14@1ao UP at 615s9
61%c. sold off to 61k9s1ssc, f1rned up to
61Kc and left off at 615sc buyers.
The mood in corn was somewhat bullish
cause of hot weather. Speculation was dull,
and traders apparently were inclined to leave
deals open for Developments during the
coming week. September opened Ac higher
at SOc, sold UP to S0QSOBc, declined to 2s7c,
and closed at 900 bid.
Trade in oats was mostly In the way OF
changing September contracts over into May,
the latter holding at 2Ac premium. Sep
TENDER opened unchanged to 1sc lower at
1880, and advanced to 1870, the closing
price.
Support from houses with English con-
nections, together with denials OF the yellow
fever rumors from Texas. steadied pro-
visions Packers bought September ribs and
sold October. September pork opened 21sc
lower at $3.50. and sold up to SIS. It, the
higher at $40, declined to S. .07k, then raj
lied to $5.12h at the close. September ribs
started unchanged at s5.171A, improved to
S. rs, and closed at S.. 221a@o. o. ,-.
Estimated receipts for Monday are: Wheat,
200 cars;a corn, 750~ cars: oats, Ats cars; hogs,
30, 900 head.
The leading futures ranged as follows.
Open.l High Low Clos