The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-03

u CHICAGO, July 1.-The grain markets
We're distinctly quieter today, although
nervousness ne over the weather and crop
clearing weather in the West We're in
1luentlal III checking advances. The July
corn was neglected July wheat closed "a
hlgher; September wheat, sc lower; July
corn, 13fc up; September corn, 1sc lower;
September oats, Ac down. Provisions
closed 2St;tl 214c lower to 214c higher.
When trade in the wheat pit began
there was more rain to consider, showers
having fallen literally during the night
commission houses bought and September
1885 This proved to be the highest
point of the day for this option Shorts
seemed to be pretty we'll covered, thanks
TO their strenuous exertions of yesterday
and scattered reports that the weather
was getting clearer in the West found the
market ready for a reaction. Local bears
sold SOL Literally. and st. Louis added to
was not heavy but September gradually
receded to 73%c. Here the pressure
eased and thereafter the market ruled
70 Hssc, but the close was ,asc under
yesterday at 74@741sc. The high point
OF July wheat was TIC. This option
TENDER, owing chiefly to the action of an
important house which sold September
ana bought July: July, however, partic
ing the bulge, worked down to 75A @75Mc.
The decline was largely due to profit tax
ing, and when this let up prices steadied
and the close was Ac over yesterday at
I6Bc. Seaboard clearances were 329, 600
bu, and primary receipts were 420, 900 bu
compared with $50, 600 bu last year Lo-
cal receipts We're "a cars, l Of contract
grade. Minneapolis and Duluth reported
227 cars. making total for the three
points of 261 cars, against 305 last week
and III year ago.
The July deal in corn was comparative
ly neglected Not more than $50, 900 blu
We're handled during the entire session
The smallest packages Of this option
This market, like wheat, ruled strongest
early, while the effect of last nights
showers was the chief consideration. The
trade in September was only fairly ac-
tive, and during the afternoon it became
quite dull. The cit looks like clearing up
messages, which were eagerly scanned
Joined with the natural tendency to take
TENDER prices down. July stayed well up
because the firm which has the supply
tucked away, did not choose to sell it any
cheaper. July sold between 74c and 761hc,
and closed 1%c higher at 75%c. Septem-
Der sold between 625sc and 63Mc, closing
sc under yesterday at 62%c. Receipts
public elevators Ill cars of contract
corn. .,
Oats opened higher with the other mar
aets; but ltd Developed an easy undertone
was due chiefly to liquidation by inter-
ests which bought freely yesterday. There
was also selling IN sympathy with the
other cereals. There was a good scat
tered trade in the pit. September sold be-
tween S5c and 361sc and closed steady,
Ac lower, at S5Ac. Receipts were 103
cars.
Provisions were dull but steady in the
absence of selling pressure. What bust
ness there was was almost entirely in
the way of changing. September pork
closed 21zc higher at SIS. 571z; September
lard, PIC lower at 5000. and September
ribs unchanged at $40. 671k.
The estimated receipts for tomorrow
are: Wheat, As cars; corn, los cars; oats,
10 cars, and 80 600 head of hogs.
The leading futures ranged as follows: