The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-06-16

CHICAGO, June 15.-An advance or Use
was scored in wheat today. Russian crop
damage reports were the main feature
of the advance driving shorts to cover,
and causing the broadcast market IN sew
eral days. Corn advanced 12@asc, oats $50
&C, and provisions 212@5c.
The first half session in the wheat pit
was marked by a good deal of apathy,
notwithstanding the almost sensa-
tional character of the news affecting
the Russian crop. At the opening Sep
TENDER ranged from 767s@l7sc, compared
with yesterdays closing price OF ioSc.
There was no great buying demand at
first. and for nearly half an hour the
price hung around those figures. linen
the market began to broaden, ana once
started the buying increased until the
demand was the heaviest seen in the pit
for several days. News regarding the con-
dition of the Russian crop for some time
more or less of factor, dominated every
thing else in influence. Beerbohm state
ment that the wheat crop was an en-
tire failure in d large area north or the
Black sea was confirmed from many dlt-
ferent sources during the day, private
cablegrams being in some cases even more
gloomy in character. The first bulge car
ried September to 779sc. This was call
price, and selling against those privileges
caused a slight reaction, but before noon
offerings from this source were swamped
by the rush of buying orders, and the
price continued to advance until Septem-
Der reached 7Slkc This was 17sc above
yesterdays final figure, and the profit
proved tempting enough to bring large
quantities of wheat on the market which
served to check the advance.
Complaints of too much rain in the
Southwest were numerous. Northeast re-
ceipts were AT cars, against 119 year
ago. Chicago receipts were 161 cars. The
seaboard reported about twenty loads
taken for exports. Atlantic port clear
ances amounted to about 22S,0OO New
York reported bids for barley to fill Rus
sian contracts The cash demand here
was rather slow. One feature of trading
was the heavy buying by bull leaders
who sold out on the government report
last Saturday. September fluctuated be-
tween 7S3sG7S1kc, during the last half
hours trading, and was bringing 7612c
at the close.
There was a firm active market In corn.
Trading was influenced partly by the
strength of wheat. There was a good
cash demand here, and selling against
country acceptances was light. News of
the destruction of the barley crop in six
provinces in Russia helped the advance.
Receipts COL cars. September ranged from
S4& to 351Sc, and closed 12G5s higher, at
S5c.
Goats were in active demand and a
good advance was scored. The cash trade
was large, one firm reporting 100000 sold
for export in the last two days. Re-
ceipts, 119 cars Shipping houses were
large buyers. September ranged from 21A
to &c, closed 9sGAc higher, at 214Q217sc.
Provisions were only moderately active.
The market opened firm and slightly high
er with the strong hog market. Selling
by packers caused a slight reaction, but
later the strength of grain helped pro-
visions, and prices again advanced, the
market closing at about the top. At the
close September pork was bringing $3.50
S.4715 September lard, $50, and Septem-
Or ribs; $.S5Q4S715c.
Estimated receipts Friday: Wheat 126
cars; corn, $50; oats, 100 cars; hogs, 49,
600.
The leading futures ranged as follows:
LAr,.nr, 4 L..