The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-06-23

CHICAGO. June ga bullish senti-
ment again prevailed in the grain pits to-
gay ana september wheat closed 1Bc
hlgner September corn was up &c and
oats Ac higher, but provisions were
easier the September products closing
from 23c to SC lower.
wheat opened strong on favorable re-
ports from the Southwest, showing that
the returns from the threshers were rath-
er disappointing and on heavy rains in
that section OF the country coupled with
the continued lack of precipitation in the
Northwest, where rains are much needed.
July was up A@%c to 38@Ac at TIC to
q 1sc,. while September was Il % 3scsto ~ q
PC higher at 75Ac to 751hc. Cables were
easier. however, and with bearish foreign
news and large worlds shipments tne
market held about steady the first half of
Inc session, around the opening figures.
during the latter part Of the day, the
market turned extremely strong. helped
by the big decrease in the visible supply
ana by the strength in outside markets
mission houses and pit traders. which re-
suited in July selling up to 73hc, and
September to 76Ac. A slight reaction
occurred qt,51l within the last half hour. but
July closed 11aW158c higher at 7SBc, with
september 1@1Bc higher at 76c.
Clearances of wheat and flour were
equal 70 S32, 800 bushels, Primary receipts
We're 469, 200 bushels, against $50 600 bush
els year ago. The amount on passage
showed decrease of 2.136 900 bushels,
while the visible supply decreased 2.575, :
UoO o1shels. Minneapolis and Duluth re-
ported receipts of 391 cars, which with
local receipts of 10 cars, | of contract
grace, made total receipts for the three
points Of 40 cars, against 457 cars last
week and 452 cars year ago.
Advance In Corn Partly Lost.
Excessive rains in parts Of the corn
belt. together with cool weather. were
the main bull factors in the corn pit and
caused renewed strength in that market
ITadlng was active throughout the day
Win COVERING by shorts a prominent fea-
ture The higher prices brought out con-
siderable liquidation and as a result part
OF the advance was lost. The close was
strong, however, with July Zee higher at
5OAc, after selling between 50@5O3ac,
while September ranged between 49Ac and
5O12c, closing sc higher at 50hc Local
grade.
The feature in the trading in oats was
the urgent demand for July from shorts
ana consequent advance in the price Of
mat delivery. The unfavorable weather
conditions helped the more distant futures
and aided in the general upturn. Offerings
were rather light, with commission houses
good buyers of the far-off deliveries, After
seIlng between 1875 and SAC September
closed Nc higher at 33Ac. July closed
with gain of q C at 40Ac, after ranging
between 40Ac and 4OMc Local receipts
were 213 cars
prices at the yards caused an easier tone
IN provisions at the opening and with
a dull trade prices failed to recuperate,
holding about steady throughout the day.
brokers and small packers gave some
support to the market early in the SEES
sion. but selling by commission houses had
q depressing influence later. September
pork closed PIC lower at SIG 871h, Sep
TENDER lard was sc lower at S8.S5 and
ribs 21ac lower at S.. %.
The estimated receipts for tomorrow
are: wheat, SO cars; corn, $50 cars; oats,
$50 cars and $4,000 head Of hogs.
Ranaa Of
The leading futures ranged as follows: