The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-17

CHICAGO, Sept. 16-Wheat TO-DAY was
heavy for deferred futures and hrm 1ol
srnfember. Large receipts and poor
cash demand were factors in the weak
ness that developed shortly after the OPP
erine September had enough local sup
mort to maintain a good advance. Corn
was firm, closing 12c higher for Sep
TENDER. Oats closed unchanged 10 &c
lower and provisions unchanged to &c
lower
An advance in quotations in Liverpool
cave wheat a Iirm feeling at the open
ing with prices ranging about re hlgher
all around. The strength at Liverpool
due to the critical condition Of affairs IN
the Transvaal, brought a number or yes
terGay's sellers into the market and buy
ing from this source while it lasted Kept
nrices for deferred futures we'll above
Yesterdays closing point. The trading
however. was confined almost entirely 10
local onerators, and when shorts had sat
listed their wants the market was allowed
TO drift For the remainder of the snort
Saturday session the tendency was stead
uv downward Receipts at primary
points were heavy, and this coupIeo win
a poor cash demand, few of Friday
offers being accepted, encouraged the bear
element. Selling pressure was light at
all times but the buying demand was SO
slack that little liquidation sutt1ced 10
derress prices. In September more
strength was shown. There was almost
nothing done, but elevator selling was
totally absent, and the price at all times
held at a good advance. Weakness III
the deferred futures became more pro
nounced toward the close when for the
first time liquidation assumed respectaole
proportions.
Minneapolis and Duluth receipts were
I O07 cars against GIG last week, and LIZ
q wear ago. Chicago receipts were 15S
cars. fourteen of contract grade. Inc
weeks primary receipts were 7,914'oVo
compared with 8,041, 900 a year ago. AT
1antic port cIearances Of wheat and flour
amounted to 507, 900 bushels. World
shipments. II was estimated would reacn
$780, co., Shows weekly crop report estl-
mated the total wheat crop at about o3o,-
OO0 600 bushels. and predicted the govern
rnent's report on the acreage would prop
ablv be revised This had some effect
December opened 9s@1Ac higher at 1Aq
719sc, and gradually declined to 1o7s0%c
closing at 70s4c September sold between
711kG71kc and 7094, and closed 9sc higher
at 711s.
Corn in the main followed wheat though
deferred futures did not develop so mucn
weakness. There was an active demand
some difficulty in covering. and and con.
sequent sharp advance helped deferred
futures even when wheat was declining
Offerings were liberal at the advance anc
best prices did not hold Receipts were
93s cars December ranged 2SA to 28Bt
02ac. and closed &c higher at 28s4@2S1sc
September closed PC higher at 32Ac, sell
Ing as high as 33c
There was a good demand for all oats
futures early in the session, but later the
demand sackened and prices receded
The early strength was in sympathy WITT
corn. Moderate realizing marked the late
session. December ranged from 2lh L
211kc and closed unchanged at 21AmNasc.
September closed &c lower at 213sc.
Provisions were dull but steady Prices
we're a little higher at the opening WITH
grain markets and kept within narrow
range throughout. A good export demand
for meats was q feature. At the close
January pork was &c higher at $3.50; Jan
nary lard. 21h6I5c higher at S.. 45@5.4 Az
January ribs PIC higher at $4.9504971@.
Estimates for Monday: Wheat, 100; corn
orc: oats. $50: hogs 10000.
The leading futures ranged as follows:
lOpen-IHigh-I Low Clos
ing est est ing