The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-08-15

CHICAGO, Aug. 14.-Wheat today de-
veloped into a strong bull market, and
closed at an advance of a cent over sat
urday The continual falling off in pri-
mary receipts and generally disappointing
spring wheat threshing returns caused
free covering, and brought outside support
to the market. Coarse grains were utterly
Indifferent to the wheat strength, and
closed a shade lower for nearly all options
declined 1a07sc, but other products made
little change.
Considerable irregularity was shown by
wheat during the morning, though prices
at all times were about Saturdays clos
ing quotations. An opening advance Of
ss@1bc at Liverpool, and a still further
advance at 1870 made the opening here
strong, September starting at 719sc, an
advance of &c There was some DISPOSE
ton shown to realize at the advance, and
the market weakened for a short time,
September selling at TIC, but the
strength Of the foreign markets and some
poor threshing reports from the North
west gave confidence to the bulls and all
offerings were readily absorbed, Septem-
be- advancing to 15sc. A period Of com
parative easiness followed. Outside sell
ing orders came In, in sufficient quantities
to depreSS prices, the decline being rem
dered easy by the favorable foreign crop
news A feature of this was the announce
ment that Russia, in spite of the famine
reports, woula have some wheat for eX-
port The market declined to 7115c for
September, and though rallies were fire.
Quent, the tendency, until afternoon was
lower. During the afternoon, however,
the market developed marked strength.
Primary receipts for the first time in
months showed a decrease from year
ago. The figures were 656, coo bushels, COM
pared with S63, 600 last year. The visible
70 c11,EE
any material change, decreased $4,000
bushels. The general tenor Of Northwest
harvesting reports was disappointing,
some returns being decidedly unfavorabie.
The weather in the Northwest was favor
able and the cash demand here was poor,
but this did not discount the effect of
the crop prospects, and in the last hour
a strong buying movement set in, which
cal red prices steadily upward. Mime
Rpolis and Duluth receipts were 231 cars,
against pa last week, and 81 a year ago.
Chicago receipts were Ga cans, Atlantic
port clearances of wheat and flour ag
gregated 314O00. September advanced to
717s@72c, and closed strong, at 717sc.
Corn was barely steady. The brilliant
crop prospects caused some selling, but
sympathy with wheat, small country Of
ferlngs and good cash inquiry supported
the market and declines were inconse-
ruential Receipts, 1893 cars. September
ranged from S0FsQ3OAc to 3O75@S1c, and
closed d shade lower, at 3024c December
closed 1sc lower, at 2S$sc.
Daring most OF the session, oats were
practically at a standstill, and the range
wGs barely 1sc. There was a good demand
for cash, however, and the visible showed
a decrease of 624,00O bushels. Heavy esti-
mated receipts for tomorrow caused some
uneasiness in the speculative market late
In the day. Today's receipts were IA cars.
September ranged from 1880 to 1890, and
closed d shade higher at 1890. Deem
her closed a shade lower, at 1880.
Provisions were quiet and irregular. The
market was strong early on the sharp
advance in hos prices. Declines followed
on rather free selling by a prominent pa
per, but in the afternoons the market was
steadied by the advance in wheat The
close was easy for pork and lard, and
steady for ribs. At the close September
pork was unchanged, at $3.50; September
LARD 2lZd5c lower, at $5.2O@5. 221a and Sep
TENDER ribs a shade higher, at $5.05.
Estimates tomorrow: Wheat, 115 cars
corn, 465 cars; oats. 100 cars; hogs, $4,000
head.
The leading futures ranged as follows: