The representative. [volume] (St. Paul, Minn.) 1893-1901, 1899-09-07
CHICAGO GRAIN

CHICAGO, Sept. s-Weakness in the North
mainly or aeen a of Of in
ferred futures In wheat yesterday. September
was In good demand and closed Nc higher Hot,
Oats closed unchanged to Nc higher and pro-
visions about TIC higher.
buy, slightly higher quotations from Liverpool
and other foreign markets overshadowing for the
time being the heavy receipts everywhere. The
result was an opening advance Of about no &c
in December and Nc in September, December
starting at 71ss@7l3sc and September at ss7sc
A short period OF realizing followed during
which December declined to INC but the
steadiness displayed by corn and some rather
bullish reports on the condition of the spring
wheat crop sent the price back to the opening
figures. where they held for short tina
selling side, and before IL o'clock the market
began to weaken and from that time to the
close deferred futures cxhib,ted or less
weakness. September. however, was quite
steady. The elevator people were buyers Of
September on account Of the small carrying
December was reduced to NC. Marked weakness
developed in the Northwest and a good many
Influenced local trading Both Duluth and MIN
neapolis declined faster and further than Chi
cago. and predicted continuance Of heavy re-
ceipts This, with the poor cash demand, had
a marked influence on trading in December and
May. and made those options the object of con-
siderable liquidation and short selling Specula-
ton at times was nearly at a standstill which
made the cash weakness more apparent Toward
the close there was tendency to cover by
this caused slight rallies. MINNEAPOLIS and
Duluth receipts 200 cars for three days
Chicago receipts were 253 cars. Total primary
receipts were 2,021. 900 bu for two days. against
loss. 900 for the corresponding days year ago
Atlantic port clearances Of wheat and flour
amounted to 1888. 900 bu The seaboard made no
mention of export demand yesterday Decem-
Der declined to 70Ac and advanced to 71@71hc
where 1t closed. September closed at 6SXc
Corn showed considerable irmness in view Of
the enormous crop estimates. and after a period
of weakness early ruled higher to the close
The weather in the belt was dry and hot
and there was apparently some apprehension OF
damage. complaints of which were numerous
was especially strong. The cash and
export demand was excellent. Receipts were
1,5O0 for two days. December ranged from o81sc
to 2shc, and closed A0hc higher at 2s029hc
Oats were steady but very dull. prices keep
ing within narrow range. The market IN
general followed corn. and closed at a slight
advance. There was some buying by Septem-
Der shorts The shipping demand was fair Re
ceipts were sA cars December ranged from zoe
to 20Ac. and closed shade higher at oO1sc.
September closed Nc higher at 204sc.
Provisions were steady, notwithstanding lower
cables and reports Of new yellow fever cases
and the demand fair. The strength OF corn
advances At the close October pork was nc
higher at $8.12h, October lard TIC higher at
b. 20, and October ribs 7h@10c higher at Is 20
@5. 22h.
Estimated receipts Wednesday,: Wheat 10 |
.ars; corn $50: oats. 500; hogs q, 900 head
The leading futures ranged as follows:
n. 1sNw