The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-08-04
WHEAT SUMMARY.


CHICAGO. Aug. g. Small domestic rec.io.s
ana firm Liverpool market today were mo-
yves for higher prices in wheat. Septemt er
closed closed &c higher and December gained &c
We're extremely weak Pork declined s0r
lard 15c and ribs zoe.
d CHER Liverpool cables as a result of wet
weather throughout England gave wheat a
good start here. The domestic receip were
sun more noticeably small than they were
Yesterday. That was a further reason for
known during the first hour of the session.
an addition was made to the first advance.
chicago received only 10S cars, against 125
estimated and 1853 received last year. Min
neapol.s and Duluth receipts were Is carlo DIS
compared with 1877 the year before. Westsrn
primary receipts all told were only 452, 900 bu,
against III eco last year.
Business in the pit was quite active at
tunes, but not much of it came from outside
chicago There was an active demand for
wheat for shipment East ard sample M rket
prices paid were from / to &c above ttose
current yesterday for choice samples. Lower
grades showed even bigger advance. The
quotations from Paris were about 1c a Blu re-
duction This weakness caused a break in
the bullishness here, but the market soon re-
ylved when it became rumored around that
the quantity sold here for prompt shipm ITS
East amounted to 400 0C0 bu.
me day clearances OF wheat and flour
from Atlantic ports were equal to $4,000 hu.
September opened A@2sc higher at 65A@
65Ac, rose gradually to &c., then sold off to
659sc at the close, December started A03sc
up at 643s@64%c, advanc d to 65ssc and closed
at 647sc.
Improved prospects for the crop brought
about by Dlenteous rains weakened corn.
Moderate selling by the ooan ry caused prices
to fall off early. Later, however, the ini-
tial loss was partly recovered en- buying
against puts and on a better export demand.
Thoman report which dropped the condition
eight points for July gave the bulls some
lines yesterday were disposed to reins "a e
opened 1sc lower to 1ac higher, at 325s 032~ =
to 3212@325sc, sold off to 32AG0323sc ad-
vanced to S2$4c, and closed at 321ac asked.
A good shipping demand and mode a:e buy
ing for the outside account held oats firm.
Crop damage reports were also an influence.
September opened unchanged at 2012c de-
clned to 20asc, rallied to 2OAc, and clos at
205s@2024c.
Provisions furnished a sensation on ex-
packing interests At one time pork was off
SOC, lard soc and ribs &c., Covering by
shorts to secure profits, resulted in a reac-
ton, but the market received no sp C Ell sup
port, and the feeling remained weak through
out the session. Traders generally were
mystihed by the sudden decentralization, but
several operators were of the opinion that
the good prospects of ending the war with
Spain were responsible. September pork
opened DC lower to 21Ac higher at $9.12Ha to
$500 fell off to $780, ard frmed up to SIS 8:15.
dropped to s5.15 and clos:d at IS 20. Septam-
Der ribs began sc off at $3.50, declined to S.. Q5
and rallied to $5.15, the closing figures.
Estimates for tomorrow: Wheat 100 cars,
corn $780, oats 300, hogs $4,000 head.
The leading futures ranged as follows: