The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-09-03
GRAINS ARE STRONGER
CROP WEATHER
BOOSTS WHEAT PRICES
This, With Strong Cables and Small Re-
ceiPtsr Brings an Urgent Demand
Prices React Somewhat, but No Weak
ness Is Shown-Advance in Corn.

CHICAGO, Sept. 2.-The grain markets
Were an strong and active, September
wheat closing lie higher, with December
up l@Bc; September corn with a gain
OF &c and December of &c. September
oats We're up sc and December "a % hc.
PROVISIONS We're firm at an advance OF
from 2M@10c. 800
From nearly every section of the
Northwest came advices OF distinctly
unfayorable character regarding weather
and crops. Added to these were the in
nuences OF strong foreign markets and
small receipts, all resulting in an urgent
demand from commission houses and
shorts. There was no selling pressure I'M
til top prices were reached-82c for Sep
TEMPER, after starting at 805s 980%c, and
with December up to S3Ac from the open
ing at &c tc 821sc. At that point there
was some selling for outside account and
prices reacted somewhat although there
was no apparent weakness. The close
showed a net gain for September Of 1c at
6l9s @S1kc, with December up 1kc at
oE% @oSc; Outside markets were strong,
with an improved cash demand Trading
was very heavy, with December business
leading.
Clearances of wheat and flour were equal
20 S9O,oOO blu. Primary receipts were 744.-
900 blu. against l. 224 900 bu last wear. Min
neapolis and Duluth reported receipts of
191 cars. which with local receipts of 1877
cars; only of contract grade, made a
totaI Tor the three points of 1928 cars
against 424 last week and 945 year ago.
Not Much Corn for Sale.
There was but little corn offered for
sale, and anxious shorts ran prices up DUR
ing the first half hours trading. and the
advance was we'll sustained. A general
demand for all deliveries developed with
local traders. scalpers and commission
houses buying on cool weather reports
small receipts, strong cables and the high
er prices in wheat. The moderate selling
by people with profits near the close caus-
co recession from the high point, but
the close showed September UP Hc at
ozasc, after starting at 515sc to SIC and
selling up to 52bc. December closed sc
n n,gher at 5lasc. having ranged between
5lasc to 5lkc and 51Ac Trading was
heavy and excited. Local receipts were
3b3 cars, with % of contract grade
, trading in oats was of good volume and
there was. a strong tone to the market
Locals bought early, but sold on an early
ADVANCE, causing a small reaction but
general liquidation which has continued
Tor some days ceased and the sentiment
was more bullish on the meager country
351ac and December % @hc better at 36%
05bBc, having sold up from BIC and 36i@c
respectively. Local receipts were SO cars
provisions were firm with no feature.
offerings were light and were readily alb
sorbed by scattered demand with com
mission houses and brokers leading Sep
tember pork closed TIC higher at $12 IS.
september lard was up 21ac at So go. with
January at 81 .12k; September ribs 10c
hig I1 at $3.50; January, $6.77.
me estimated receipts for tomorrow
are: Wheat. 120 cars; corn, $50 cars: oats.
30 cars, and $4,000 head of hogs.
Range of Quotations.
The leading futures ranged as follows: