The representative. [volume] (St. Paul, Minn.) 1893-1901, 1898-06-22

CHICAGO, June Pos G. Andrews & Co.
Dear Sir: Wheat-Liverpool declined early
Id on September, and December, later I'd
more. Paris opened centimes higher on
deferred futures: later declined % centimes
: while Antwerp declined 80 centimes to ~
francs. English visible decreased 5O1 O61 bu,
compared with 100000 last year. On passage
decreased 1,6so.0oO blu. and Beerbohm gave
worlds shipments II 800, coo, against 49, 100 coo
bu year ago September in Liverpool, TIC
over Chicago and 1910 for July. Foreigners
traded both ways, but without special sig
nihcance, though on the break there was
considerable export business, estimated as
high as 80 to 60 loads for the day. Russian
shipments, $4,000 bu compared with $780,
600 bu last year. India, 1,600, Co., compared
with 100000 Blu last week Liverpool wheat
stocks increased 1900 bu, and the COM
plants regarding the foreign crop still con-
tinue; market was depressed by finer
weather. lower cables and talk Of disaster
to some traders in the Northwest: this
continued until towards the close, when 1t
was intimated that 1t was a false alarm.
Market has reacted more easily today than
heretofore, and 1t is undoubtedly true that
something of short interest is now a fact
in the market Some talk from the South
west and South, lowering the estimates on
Oklahoma and Indian territory; outlook
same from Missouri and Illinois. Local
stocks, 100000 Blu. and there has ben some
milling inquiry. sales being made to go to
Pennsylvania mills from here Primary re-
Ceipts, 100000 blu, against 267 eco bu last year.
shipments, 900 bu. Clearances, AIS, 600 bu.
Car of new wheat in Missouri graded No. 3
red sold at SOC. The visible supply was dis
appointing, only decreased 5O3, 0C0 blu, COM
pared with on estimated 100000 bu Visible
now stands IL ,9lo,C00 blu, compared with 30
$4,000 blu last year. A review of the Letter
liquidation shows about 14OCO,OO blu cash
wheat held at the time the change was
made, since which time 100000 blu have
been liquidated. and 100000 bu started for
France where it is expected to arrive be-
Tore the addition of the duty. Corn-Cables
showed a decline of 12Mhsd in Liverpool. Chi
cago stocks show a decrease for the week
of 10000 bu and a total in store Of 100000
9u. Weather was fine, and reports from
iowa and Nebraska OF improved condition;
lcceptances. however, were light. and the
lemand abroad about the some. However,
II territory tributary to ST. Louis advtces
we're OF poor condition, but business result
rom that section. Shor-s were good buyers,
md the market has maintained itself, and
towards the close advanced in sympathy
With wheat. Oats followed corn, and closed
hrm. ProvisiOns-Weste points received
5000 hogs, compared with 5000 last year.
Trading light early. and market easy,
but the tone was strong and local operators
puy1ng. Estimated hogs for. tomorrow are
$1,000 We feel friendly to them. Yours
truly. f. G. LOGAN.
July Wheat-Opening, 1hc; highest, 73c;
lowest. 7Oc close, 72c bid.
September Wheat-Opening &c; highest,
S7sc; lowest, 657sc; close, 675s6l67s4c.
July Corn-Opening, 22c; highest, $3.50;
lowest, 319sc; close, 325sMa.3lc sellers.
July Oats-Opening. 23sIc; highest, 24Hc;
lowest, 235sc; close, 2414c. So. ...
July Pork-Opening s957; highest, $3.50;
lowest. $3.50; close, $3.50
September flax closed at S1C6