The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-05-28
= RANGEooF :,JULYI,WHEATs :
OTHER; GRAIN MARKETS
The Grain Trade opens Dull on Ing
dinerent ca bies. &GG's$ II
CHICAGO GRAIN

The Grain Trade opens Dull on Ing
dinere1ft ca bies: HsS's33 IL Y
Chicago, May 2ss IF SHE grain trade was ,dull
to-uay d. The Opening Decause Liverpool
s d.s ,ndereys rs bgals4
caDles, good crop repurts anu tavolaDls
weather luI 2ruW.ng save IN d few sec.lon4 u
mere irOsts werss TepUrted, set Cne zci owu to
with COMMISSION houses On poln srIes of me
market IN The a1seneeE OF IA Soou support N
corn, wheat 1ell OH somewhat, july opening
nc 10 7sc lower a1''1S:se to z'ts4e, :aau se.'ins
uUWu IL .S12c. A>SyEepurI, OF, the Kansas SLate
C1nclal figures S:atIng that Olte-tn4ru Or lac
acrease VI tnaCf ,Stase mad Eeen siDanaoned
s,arlei some small Luylng anu prices ralllea
10 1910 Tor July,.,1 kecelHts We're stlil small
and lucal Casn business mere yesterday Was
good, Tut the export demand WAS ueaa Local
receipts were 1t cars, q. Oh. contract SrausS
minneapolis and Duluth reported l3O cars,
making total for the. three points, OF l4t,
against lU5 lastgM eehst and 40. n year st59.
A heavy selling pressure III corn turned
the Mneat croWu -Sery%@lpearish and on the
good crop prLantct Is SUN Was 500 literally.
july sluiuped lady TO 'z5sW'274c and closed
weak 1AWl7sc lower, at 1-AW'z4sc
Close: WneaC-May, i3Huio1so., July, 172A
ylzBc; September, 1850 Il12c.
Cash wheat: No 2 Ieu, ov,a@S11zc; No. 8
red, .912MSGc; No. nafd winter, to12@ o12c;
red, ,512uSvc; NO. z -nard winter, 1ofxvy ii 72c;
NO ) nard WINTER, loWI6; NO. nurLnern
,442w .o1sc; NO. j spring, ..7u@'S1ac.
com, which easily LOOK the lead yeSLe"-
day, dropped back to weak and nervous
market at the opeling. Foreign markets
showed absolutely no response TO the up
shoot here yesterday and as a consequence
considel able early liquidation weakened the
market materially. There was little early
support, although receipts were still small.
Good crop reports gave the bears some argu-
ment, but there was great lear Of The all
powerful situation credited to the leading bull
house and it's New. York scllque. The country
sold literally last night at fair prices ANA
much of the weakness to-day was attributed
TO selling here against those purchases. July
started 1s@Ac down, at G4c TO 63Ac, AMI slid
off to 6312c. Covering at that point steadled
| the market and prices reacted slightly. Re
celpts were; los ears. 49, 49,
/ Late advices from the best corn country
stated tEat the farmers were eager to ac-
cept the increased Chicago bid. Last nights
acceptances totaled over 100000 bu. On
sold heavily and July slumred to weak
close, 11a@I3sc down. at 627sel63c.
Close: Corn, May S212c; July, 62B@63c;
September. G0@6Olsc; December, 45Ac; May
O903) 49c; cash corn, No. :, G21a1G3c.
| Oats. weakened little under the influence
Of the corn break. There was, however, very
little trade and no disposition to sell was
manifest. Traders now conce1e that the lead
ing bull operator in May options will be
! able to take in all his paper Profits and
possibly to advance prices little. July
opened a shade to 1sc lower, at sc to 3712@
375sc, and eased off to 1882. Receipts wele
, small at 1876 cars.
Close: Oats, May 44c; July, 95025Bc; new,
cember, 29c; new, Sic; cash oats, No. 9, 800
No