The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-06
Close. Day.
December wheat, Minneapolis 674 g e77$
December wheat, Chicago. 1-16 III
December wheat, New York 1854 49,.
December wheat, Duluth. ......67A GS1h

CHICAGO, Sept. 5.-Weakness in the
Northwest and heavy receipts at all
points were mainly reasonable for de-
clines of 1sGAc in deferred futures In
wheat today. September was in good de-
mand, and closed 1sc higher Hot dry
weather caused an advance of A@2sc in
corn. Oats closed unchanged to lc high
er. and provisions about TIC higher.
The first impulse of traders in wheat
YVES to buy, slightly higher quotations
from Liverpool and other foreign mar
kets OvershadOwing for the time being
the heavy receipts everywhere. The re-
suit was an opening advance of about
1sGl4c in December and Kc in September
December starting at 1as@11ac and Sep
TENDER at 697sc. A short period of realiz-
ing followed, during which December de-
clined to n1sc, but the steadiness dis
played 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 a
short time Everything else in the way
of news favored the selling side, and be-
fore Il o'clock the market began to weak
en-, and from that time to the close de-
ferTod futures exhibited more or less
weakness. September, however, was
quite steady. The elevator people were
buyers of September on account of the
small carrying charge, and the premium
between September and December was
reduced to nc.
Marked weakness developed In the
Northwest and a good many selling or
ders came from that section, which in
fluenced local trading. Both Duluth and
Minneapolis declined faster and further
than Chicago, and predicted a continu-
ance of heavy receipts. This, with the
poor cash demand, had q marked inf1u-
ence on trading in December and May,
and made those options the object of
considerable liquidation and short SELL
ing. Speculation at times was nearly at
q standstill, Hhich made the cash weak
ness more apparent. Towards the close
there was tendency to cover by shorts
who had sold earlier in the day, and this
caused slight rallies.
Minneapolis and Duluth receipts were
200 cars, for two days. Chicago receipts
were 253 cars Total primary receipts
were 2,G2!00C bu for two days, against
3,G59GG0 for the corresponding days a
year ago Atlantic port clearances of
wheat and flour amounted to 1,199,0OO
bu The seaboard made no mention of
export demand today.
December declined to 70Ac, and ad-
vanced to 7107l1ac, where it closed. Sep
TENDER closed at 69Ac.
Corn showed considerable hrmness in
view of the enormous crop estimates,
and after a period of weakness early,
ruled higher to the close. The weather
in the corn belt was dry and hot, and
there was apparently some apprehension
of damage, complaints of which were
numerous. September was especially
strong The cash and export demand
was excellent. Receipts were 1850 for
two Gays. December ranged from 2S5s to
29lsc, and closed A03sc higher at 29G
291Sc.
Oats were steady, but very duh, prices
keeping within a narrow range. The
market in general followed corn and
closed at slight advance. There was
some buying by September shorts. The
shipping demand was fair Receipts
We're S7+ cars. December ranged from
zoe to 2Oi4c, and closed a shade higher at
22:Sc September closed Ac higher al
2t95c.
Provisions were steady notwithstanding
low fever cases at Key West. Selling
vas light and scattered and the demand
fair The strength of corn helped the
market. Everything closing firm at adj
Vances. At the close October pork was
nc higher at $S121z; October lard Tx
higher at $3.50, and October ribs TR@10C
higher at 5.20Q5 2215.
Estimated receipts Wednesday: Wheat
$50 cars; corn, 80 cars; oats, $50 cars, and
hcGs, 22,GG0 head.
The leading futures ranged as follows