The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-08-02

CHICAGO, Aug. Wheat was quite
firm today, in spite of decided dullness,
and closed at an advance Of &c, Higher
cables and a good cash inquiry, with some
bad far Western returns, made the trad
ers favor the buying side Of the market.
Corn, on the contrary, was weak, heavy
deliveries, lack of cash demand and IA
vorables crop reports causing a 1ac decline
Oats closed 1sQAc lower. Provisions
showed an advance of a shade, to TIC
Wheat opened firm, Notwithstanding
the fact that deliveries on August con-
tracts were unexpectedly heavy, the to-
tai being close to 100000 bu Initial prices
Tor september We're slightly higher, at
75GI51sc. compared with yesterdays close
of 747sqI5c, and In the first few minutes
advanced to 753sc. Liverpool was up $50
32d. This was unlocked for and suggest
crop failure in this country, and acted as
crop failure in this county, and acted as
a stimulus to the market at first. A re-
action took place to 75c, but decidedly
and, indeed, from the whole Pacific
coast, started buying again. Threshing
returns in California indicated q shortage
of at least 10 900 bu, while returns from
Oregon were apparently not much. better.
A long period of dizziness followed an adj
vance TO 75Ac, during which the market
touched 747sc, but late in the session the
market became decidedly firm, and prices
during the last half hours trading adj
Vancede quite rapidly.
Throughout the session there had been
a steady absorption of offerings, and
when an excellent cash inquiry and indi-
cations Of a good cash business stimu-
lated speculation, buying investors found
some difficulty In getting wheat. The
fact that Kansas City shipments were
10000 bu larger than receipts was not
lost sight Of in this connection. Septem-
Der finally sold up to 757sc, and closed at
F5546tT5zsc.
Chicago receipts were 252 cars, AZ of
contract grade. Total primary receipts
were $4,000 blu. compared with $4,000 a
year ago. The seaboard reported So
loads taken for export. Seaboard clear
ances were equal to 10000 bu
Corn was weak. Deliveries on August
contracts were heavy, and the cash de-
mand was slack, which, with excellent
crop prospects, brought more corn on the
market than it could stand up under.
The demand for September was very
light and not until wheat developed
strength, late in the day, did corn show
any rallying tendency. Local receipts,
2I9 cars. September ranged from $3.50
SSAc to 3T3Sc. and closed 15c lower, at
Oats were dull and rather heavy most
of the session. Selling was quite gen
eral at times. sympathy with corn and
the increasing country movement max
ing SPECTATORS favor the selling side.
Crop reports were favorable. Elevator
people were prominent sellers. Local re-
ceiptS,as252 cars. September ranged from
2lc to Else, and closed 15QAc lower, at
Provisions were again firm, though not
especially active The influence of small
stocks and a higher hog market started
all meats at. a good advance. Not all
to decline somewhat. but closing quota
tons were in all cases a little above yes
terday. The cash demand was good.
September pork closed DC higher, at
$12011z: lard, 71ko higher at Sc 5000. 921s
and ribs shade higher, at H1211a@715.
The. leading futures ranged as follows: