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

CHICAGO, Aug. PA desire on the part
Of September shorts to cover up over Sun
day caused prices to tend upward today in
the Wheat plt. September Closed &c higher
Oats are unchanged to 1sc up Pork ad-
vanced PIC, lard sc and ribs nc.
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 tor
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 c0mme rcial 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 a
panic among them from the disturbingly
small amount in store.
The weeks shipments of wheat and -four
from both coasts were reported at 1858 755
blu. compared with 3,9S8,00 blu the previous
week. Chicago receipts for the day were
ISL 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 LIS, 000 blu the year before. At
lantic port clearances for the dey were equal
to $4,000 blu in wheat and flour. The do
nestle winter wheat receipts were. again
strinkingly smaller than those of the pre-
cedfng year. September wheat opened at
63Bc 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 both
reacted fraction ON the last few trades.
September opened 12c higher at 63Bc, de-
clined to 6312c, rose to 64@641sc, and closed
at 64c. December started A@1ac UP at 619s9
61Bc, sold off to 61k@615sc, frmed up to
61%c and left off at 615sc buyers.
The mood in corn was somewhat bullish
on claims from Kansas of poor yields, be-
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 90@S01sc, declined to 297sc,
and closed at 30c bid
Trade in oats was mostly in the way of
changing September contracts over into May,
the latter holding at 2Ac premium. Sep
1880, and advanced to 1890, the closing
price. 80
nections, together with denials OF the yellow
visions. Packers bought September ribs and
sold October. September pork opened Eye
lower at IS. 80, and sold up to $s.s5, the
closing price. September lard began zee
higher at s5.10 declined to s5.071a, then raj
lied to IS 121a at the close. September ribs
SIS 25, and closed at S.. 22h@5 %.
Estimated receipts for Monday are: Wheat,
2nO cars: corn. $50 cars; oats, ATS cars; hogs,
10000 head
The leading futures ranged as follows:
Open High Low Clos
aSf