The Saint Paul globe., 1900-06-19
BULLIsH ADvICEs.


The great mass of reports may be briefly
summarized to purport as follows: Satur-
day and Sunday were the worst days of
the season for the spring wheat crop in
the Northwest; many sections of the
Northwest will not raise enough wheat
for seed; 30000,000 bushels is an outside
possibility for the North Dakota crop,
(which last year approXimated S0,OO0,OO0
bushels. North Dakota, South Dakota and
Minnesota combined cannot raise over
/ 100 600 600 bushels, a decrease. from last
year of 12O,0OO,OOO bushels. The entire
yield of winter and spring wheat, notwith-
standing the bumper crop of Kansas,
will not be over 500, 600, COO bushels. accord
ing to the estimate of Mr.. Snow, a Board
of Trade statistician.
The foregoing, as mentioned is merely
the tenor of the reports received today.
j would take a good sized newspaper to
print them all. In comparison with the
spring wheat advices, the winter wheat
complaints received little attention, al
though they were serious enough to start
things moving, with clear field to them
selves Illinois and Missouri reported
damages from excessive rain Russia was
said to be suffering from drought in the
south.
F.. The market was several cents out OF
line In respect to cash business, and in
sold to advantage. Clearings at the sea-
board in wheat and flour were equal to
S77 300 bu. Primary receipts aggregat ted
$50. 600 bu, compared with 1022, ,00G bu last
year. Minneapolis and Duluth reported
go ears against 776 last week and SAG
year ago. Local receipts were III cars,
eight of contract grade New York re-
ported % loads taken for export.
CORN AND OATS JOINED.
Corn for a long time was inclined, like
vice presidential timber, to resist the
hand held out to elevate it. Finally.
however. the market grasped the coat
tails of the ascending wheat values, and
scored a substantial advance July sold
between 39l4c ard 4OAc, closing 18@5sc up
at 397s640c. Crop reports were favorable
as usual and the opening was shade re-
dUced crom Saturdays close. Later
shorts bought on the theory that g.
cent advance in wheat called for some
upward action in corr by sheer force of
example. Receipts here were 4S9 cars.
Local shipments including Sundays, were
1,437099 bu. Compared with wheat corn
was as quiet as the seven sleepers There
were many Gesertions from corn to
wheat.
Oats pl0ed up in thin. small voice at
wheat. and said me too" and the big
wheat market condcscerdingly lifted the
little one up a bit. Shorts We're the lead
ing buyers, but changing formed much of
the business. July seld between 245sc and
2312c. closing A@2sc improved from Satur-
day at 23hc. The cash trade was draggy
Receipts mere were 325 cars.
Provisions were steady, but no attempt
was made by the controlling interest to
unduly stimula te the market Trade was
rathar quiet and the main business of the
day was IL changing July over to Sep
tember. Hos receipts were lighter than
expected and the market at the yards
higher. July pork sold between S11. 90 and
$l1s712, and closed unchanged at 115c;
July lard between $6725 and $66l12, clos
ing PFC lower, at $6.67lA and July ribs
between $6,7Tl3 and $67272, with the close
21ac higher, at $6.7212, The September
premium at the close was from TIC In
ribs to 20c in pork
Estimated receipts tomorrow: Wheat,
1876 cars, corn, 1,19O cars; oats, 40 cars,
and hogs 24000 head.
The leading futures ranged as follows: