The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-08-09
WHEAT CLOSED WEAK
UNLOCKED FOR LOWER LIVER
POOL CABLES HAD A DAM
AGING EFFECT
UNDERGONE FAVORS SHORTS
Corn Was Influenced by Favorable
Crop Reports and Rain in Corn
BeIt-Grain and PrOvis-
ions LifeIess.
JNDERToNE FAvORs SHORTS

CHICAGO, Aug. SAIL markets -droop-
sd today from lack of interest due to eX-
sesslVely warm weather. Wheat closed at
decline Of zsc, corn closed #QBc lower,
pats 1sQAc lower, and provisions a shade
to 10c lower.
Wheat traders were not looking for
lower cables today, following the sharp
advance yesterday in this market, and
when Liverpool reported a decline 0i II
u53d the effect was marked. Prices in
September showed a decline of AQBc,
and another good-sized fraction was
knocked Off the price before the session
had progressed very far Liverpool re-
ported the decline there as due to Inn
proved weather conditions in England.
AS there was no especially bullish feat
ures to the domestic conditions, and as
the weather was too hot for traders to
take much interest the market, after
the first half-hour, developed into a Skin
mtSh between ScalperS, with a decided
undertone in favor of the selling side.
What little support the market did re-
ceiYe was chiefly from local traders, out
side interest being apparently absent,
and the market ruled heavy until the last
hours trading, when it became really
weak. Selling pressure by those who
were on the buying side yesterday be-
came heavier, while there was no in
crease in the demand. Following the
opening decline to 1854 @I55sc, September
s6sed off to 7512Q755sc. 1t recovered slow
~ to 76c, which price was reached in one
or two minor transactions, and then
was heavy at 75asc.
Northwest receipts were 246 cars,
against 236 last week, and 12 a year ago.
Chicago receipts were 200 cars, thirty of
contract grade. Aggregate receipts at
primary points We're 900 bushels,
compared with 535, 600 a year ago. This
heavy increase had some influence. At
lantiC Clearances amounted to 10000 blu.
Foreigners were declared good buyers at
the seaboard, but figures on engagements
We're not given.
Corn was dun and heavy for most Of
the session. The market was affected by
the favorable weekly crop reports, Which
belied the recent damage reports, and
by rains in some sections of the corn
belt. The late weakness in wheat also
had its effect. The bulk of the light
trading was largely in the way of liqui-
dalton, and largely by local holders.
Country acceptanceS were light. Receipts
were 1871 cars. September ranged from
377sc to 5S1sc, and closed %QBc lower at
S734c.
Oats were dull but comparatively
steady in view Of the weakness in other
grain markets. A Slight decline took
place in sympathy, but selling pressure
was not heavy. Elevator interests were
the best sellers. The outside demand i'm
proved late in the day, though not much
business was done. Receipts were 322
cars. September ranged 2lAc to 2lSs0
pc, and closed 1sQAc lower at 2l&C.
PROVISIONS were almost a a StandStill.
The grain weakness had some effect early
prices little all around. At the close
September pork was 10c lower at Sfl.T712,
lard nc lower at $6.S215 and ribs o
shade lower at $715.
Estimates tomorrow: Wheat, 100; corn,
233; oats, AGO; hogs $4,000 head.
The leading futures ranged as follows: