The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-07-19

". Doran * Co 5 grain letter:
w heat ruled very strong, and the be T
eXpianatloh seems TO De the prevailing
bullish sentiment based on the damage
10 the winter wheat crop with stronger
aaTIceS from abroad and the possibility
OF extreme values in the event OF any
accident 10 spring wheat Higher cables
and rains IN the Red River valley caused
d sharp opening bulge Southwestern aG-
vices are bearlsh respecting present
weather conditions. IhreShing and new
crop movement. Northwest reports were
cGTTleTIng- but II hardly seems Drobab bic
any material deterioration has taken place
as the result OF weather conditions in the
past ten days Foreign markets are all
higher. notably Liverpool 11k4IAc high
er, Paris. IA G212c- Antwerp. sc; Lon
CON IL q TX Liverpool felt the effect
OF American adVICeS. the light world 8
ShIpmeHtS and sharp drop in consols
Northwest conditions and new crop move
governing the immediate future OF the
market Estimated cars 25
Corn FUTURES We're somewhat irregular
on lgnC ana unlupOrIanI trade. Far de-
1lveTIes urTn while Septem Der and the July
were easier Present weather conditions
VIII force growth provided enough moist
Ore Is received crop has certainly been
making rapid progress. However there
i some dissatisfaction expressed with out
to0k The Southwestern Grain and Flour
J0AfilfA II1lnkS Inc government figures for
kansas Oklahoma and Nebraska are s
points too high. Some apprehension is
expressed lest continuation OF present
from sections where plant IS not high
enough 10 shade roots and ground The
cash market opened strong. closed weak
al rom &c 70 &c q buSh6t lower. Cash
demand slow. Liverpool closed unchane-
ed 10 &c higher Estimated cars tomor-
Oats-The trade was very quiet with
some realizing by Saturdays buyers.
harvesting Is expected 10 be general in
southern and central parts OF Illinois to-
DAY. crop IN parts OF Illinois is not par
LlGGlaElE good. buC this viii ne ny
excellent prospects IN the Northwest The
southwestern Grain and Flour Journal
CONSUMERS government figures TO points
TOO nigh IN Kansas and Nebraska on ac-
count OF damage from storms and rust
The cash market was steady TO triffe
lower Estimated cars tomorrow 147
Fr0ElSlOnS-Ihere was no activity in
PROVISIONS. although prices We're firm to
some higher Opening strength on firm
81 reg market was met by offerings from
packers The outcome Of the strike still
hangs IN the balance. Estimated hogs to-
morrow 1900 head
Oeonnor K Van Bergen's correspond
New York. July 1S.-In the face
OF extensive predt-ta8ing the market has
held remarkably well Dealings have been
large and well distributed throughout the
lst- me United States Steel stocks show
ing remarkable resistance TO iquidafing
sales The large buying OF stocks was
checked somewhat BY reports OF rains in
the Northwest. Sentiment seems TO he
very publish on United States Steel stocks
- 4tAsl At-AS &SlallN wei informed b Il
l. showed 2 tendency 10 go higher on
reports or the company having success
FULLY Hoated bonds in London and the
Ugnt N transfer cases seems 10 have
Quoted down somewhat At the mo-
menT there Is an evident profit-taking
wave passing over the market Until this
IeacI1on Is over. which many think is
overdue. II Is hard To express an opinion
! & Geragnry < Co.'S stock letters
Logan x Bryant is a good mar
heI iheFe IS some IrregularIty and nafu-
rally a good deal OF profit-taking. but the
tendency OF the market as a whole is IN
mistakenly higher. There is gOod deal
OF looking Tor reactions but reactions do
not come In spite OF assertions OF most
u the market writers that the advance
Is manipulated one. the fact remain
tnaC there Is a broadening commission
mouse interest which represents the ef-
IecI OF IDLE money. good crops. good bus
mess outlook and stocks selling on good
dividend basis These are the faetrs on
winch We have based our confidence be-
ievins that in spite OF sentiments and
opinions and fears and apprehensions that
IneE must necessarily in the end urOve
operative. We think they will continue to
do So
Dick. Bros--F6Heign. houses are deal
lilsFe more heavily in Americans for
DAY II IS believed crop damage REPORTS
were exaggerated. The political situation,
Is considered good. Money easy market
bEoadenlng- Many stocks like Frisco
-ds. were taken in hand and there is still
room Tor improvement Bonds were in de-
IllaIld- especially for the Fort Scott IS
PENNSYLVANIA rose TO I2I on short cover
ing. United States Steel preferred rallied
70 % and so on. Looks like natural
bulI market