The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-06-16
SUMMARY OF THE DAYS TRANSACTIONS IN THE MARKETS
WHEAT HAS STRENGTH
FOREIGN ADvIcEs ARE BULLIsH
AND CLOSE is NEAR THE TOP
Excellent Weather Causes an Easier Open
Ing but Rally Follows and the Market
Is Firm the Rest of the Day-Corn and
Oats Likewise Higher.

CHICAGO, June 15.-Bullish foreign adj
vices caused strength in wheat today and
the close was near the top
with July ase higher and Sep
er, oats were a shade higher, while pro-
visions We're unchanged to 21ac better.
wheat ruled rather quiet with trading
confined largely to local interests. Open
ing prices were easier ON the excellent
weather, with July a shade to HM%c
lower at 75Ac to 7515c and September up
a. shade higher, while September pro-
visions were unchanged to 2kc bet
ter.
Wheat ruled rather quiet. with trading
conhned largely to local interests. Open
ing prices were easier on the excellent
weather, with July shade to H02sc
l e We at 75Ec to 75hc and September off
was OF short duration. however, for with
q good demand from commission houses
the market soon rallied and held firm the
FACTOR in the situation was the bad condi-
ton of the. crops reported from abroad,
the hungarian report being especially
bullish, while in France and England the
crop was reported badly damaged |by
rams. A decrease in the visible supply of
2.l07OOO bushels was also a strengthening
influence. With a good demand from
shorts and on buying for long account
September advanced to 1850 and closed
at 1874 @739sc, gain of &c for the day.
After After selling up to 76c, July closed sc
Clearances of wheat and flour were
equal to 24s.20O bushels. The amount on
passage decreased 696, 900 bushels Pri-
against COS, 700 bushels a year ago. Minne-
apolis and Duluth reported receipts of 438
cars, which with local receipts Of 10 cars,
celpts for the three points of 457 cars,
against $50 cars last week and 462 cars
year ago.
Moderate Trade In Corn.
OT1Jxr u 49,
i've and the feature early in the day was
the changing from July to September BY
elevator people. The market was easier
at the opening under the influence Of ia
Vorable weather and liberal receipts. but
the strength Of wheat and fair cash
demand caused better feeling later in
Bc higher at 1890, after selling between
46 sc and 1880. September closed with a.
gain of A@3sc at 47T @48c Local re-
ce Ths were f PIC cars, Is OF contract grade.
IN Ihe day was the selling of July by
traders. with profits. The offerings were
IN excess of the requirements of shorts
ana IN consequence the market declined
Later the demand became more urgent
and prices advanced and closed steady
with July shade higher at 38&c. after
tember was up a fraction at 1884, m3316c.
Local receipts were 1874 cars.
Dig run of hogs andAa decline of 10c
in prices at the yards caused an easier
tone in provisions at the start. but With
a fair demand later and light offerings IS
the. market steadied around Saturday 8
closing figures. Trading was small and
without feature. The close was STEADY.
Septenber pork being -21kc higher at
$66:S5. September lard was up PIG at
$8,g5. and ribs unchanged at IS. 2715.
The estimated receipts for tomorrow
are: Wheat, 35 cars; corn, 6S5 cars; oats
zZo cars. and $4,000 head of hogs
Range of Quotations.
The leading futures ranged as follows: