The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-08

CHICAGO, Sept. 7.-Traders in grain
and provisions today devoted more time
to swearing at the weather than to the
markets, and the resulting narrow trad
ing was productive of but insignificant
changes in values, except in September
oats, which advanced 73@9sc. Wheat
closed &c lower. Corn was unchanged to
q shade higher, and provisions shade
higher to PFC lower.
The frmness shown by yesterdays
wheat market was still apparent at the
opening in wheat, and Notwithstanding
unfavorable news initial prices were a
shade higher Liverpool was about Ad
higher, due to the adaynce here yesterday
and to the continued droughts in India,
and to this fact part of the buying which
characterized the early trading was due.
Offerings, however, soon exceeded the de-
mand which was almost entirely from the
outside and the small opening advance
was soon lost. Local professionals did
little on the buying side and Hquldatlng
movement of respectable proportions set
in on the posting of Bradstreets figures
On the worlds available supply, which put
the surplus at 139,000,0 900 blu, as compared
with 56,000,0G0 bu last year. This soon
ceased and for the remainder of the SeS-
sion trading was ridiculously small. The
weather was too hot for even the most
enthusiastic trader and the pit for the
greater part of the time was half desert
ed.
A feature was the large Western move
ment. Primary receipts amounted TO
1154 600 bu, the same as last year This
fact had little effect on prices, but in
creased the bearish feeling among trad
ers. and little support of any kind was
forthcoming until the price had got below
puts, when realizing and buying against
those privileges caused a slight rally and
gave the market an appearance OF hrm-
ness toward the close. The cash demand
here was slow, but the seaboard reported
a moderate export demand, with fifteen
loads engaged. Minneapolis and Duluth
receipts amounted to 739 cars, against $50
last week and 929 year ago. Chicago
receipts were 152 cars, three of which was
contract grade. Atlantic port clearances
of wheat and flour aggregated 444,OO0 ou.
December wheat opened a shade higher
at 1%c and sold Immediately at 717sc. 1t
slowly declined to 71A@71ssc and rallied
to 715sc, where it closed.
Corn barely held its own, with the
range narrow and the trade in general
SOW. There was some attempt by profess
sional bulls to boost prices on the dry,
hot weather, but predictions of general
rains brought selling orders. Receipts,
500 cars. December ranged from 2SBc to
291kc and closed unchanged at csc. Sep
TENDER closed a shade higher, at Sl1sQ92c.
There was fair-sized business done in
September oats, and that commidity ad-
vanced sharply. The buying was done
mostly by cash people, who were evident
~ short, and there was little offered.
The large cash demand continued, and
this probably was the cause Of the Sep
TENDER strength. Receipts S55 cars. De-
cember ranged from 2O14c to 2O1a@2O5sc
and closed nc higher, at 2O1ac. September
sold as high as 2113c and closed hQasc
higher, at 213sc
Provisions were dull and after little
frmness around the opening rather
heavy. At the close October pork was
PIC lower, at $S.221k; October lard, shade
lower at $535, and October ribs a shade
higher, at S5S5.
Estimates for tomorrow: Wheat, 100;
corn, 575; oats 365; hogs, 5000.
The leading futures ranged as follows:
lOpen-IHigh-l Low Clos