The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-07-22
ENGLISH NEWS A HELP
SEPTEMBER WHEAT CLOSED A
HALF TO FIVE-EIGHTHS
HETTER
ACTIVITY ONLY MODERATE
Whole Market, However, Showed n
Broad UndertOne of Strength
Profit Taking Followed the
Opening Bulge.
ACTIVITY ONLY MODERATE

CHICAGO, July A.-Wheat was helped
by the English news today, september
closing A@9sc higher. Corn closed Ac
and oats a shade better. Provisions ruled
strong and closed from 10c better In
lard to 2712c improved in pork.
The activity enjoyed by wheat was only
moderate, but the whole market showed
b broad undertone Of strength. Inc range
OF prices was rather narrow, but, consld-
ering the short session, business was
brisk. September opened ssc, over yes
during the first half hour. Liverpool
showed an advance Of AQ1sc, and re-
ported that there was no Argentine Wheat
being offered, and that the American stuff
was cheaper than either Russian or
Danubian offerings. Northwest tidings
were in nowsie less gloomy, and estl-
mated the yield from S0,0O00O0 to 100000
600 bu for the DakotaS and Minnesota,
while the Manitoba minister of agricul-
ture reported that that province would
raise not to exceed five bushels to the
acre
Proft-taking followed the opening
bulge, and September dropped to 777sc.
The market, however, soon reacted on
buying by the Northwest, the seaboard
and some local interests. September
rallied to 1850, and closed strong, 12Q
ssc improved, at 78A@7S$sc.
New York reported % loads taken for
export and II loads sold direct from here.
Seaboard clearances equaled $4,000 blu.
AT primary points receipts aggregated
615, 600 bu, compared with 100000 last year.
Minneapolis and Duluth reported 265 cars,
against 244 last week and 400 year ago.
Local receipts were Y cars, % of contract
grade.
Moderate activity and conservative
strength characterized the corn trade.
Country offerings were remarkably small,
il elevator concerns getting only cars.
Gables were higher, and receipts 1862 cars.
The cash business during the week was
put at 900 bu, and there was today
no let-up in the demand. This was an
influence which caused buying by traders
while shorts found an added incentive
in the wheat strength. Next weeks re-
ceipts, 1t was thought will be large on
delivery of corn this week. September
sold between 1850 and 391a6395sc, and
closed &c over yesterday, at 391ac
Oats were quiet and steady, supported
by the flrmness of wheat and corn. The
only incident of the trade was the bust
ness done in the new grade, No. white,
September. 1t changed hands at 25c or
nc over the No. mixed for September.
There were some damage claims from
Nebraska, but. on the other hand, North
west reports showed some improvement.
Receipts were 14o cars. September sold
between 2S&sc and 237sc, closing a shade
higher, at 23%c
Provisions were strong and fairly active
most of the time. Offerings We're lighter
There was good local buying on the pros
pect of decrease in the lard stocks
Cash business was reported IL good shape
September pork sold between Sill 92b and
$l2.O5, and closed PFC over yesterday. at
$l2.l5 September lard closed Zoe higher,
al S6.S12, and September ribs 15c Inn
proved, at S7.021@.
Estimates Monday: Wheat, lis: corn.
2S5; oats, 12O cars: hogs, 10000.
Inc leading futures ranged as follows: