Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-08-09
Western Associated Press. /

CHICAGO, Aug. 8.-Local elevators have
l,250,0O0 bushels of wheat, 1,64O,vO0 bushels
OF corn, 1855 900 bushels of oats, 100000
bushels Of rye, and 1000 bushels of barley, or a
total of $4,000 bushels, against 3,69S. 600
last week and $3.50 900 bus hels last year, re-
duction of over half a million bushels in a
week. Grain in sight is about 100000
bushels. AS a rule the markets to. day were
firm until about noon and then broke consid-
erably as the threatening weather gave way to
sunny skies. The weather is net, however, in
very settled condition, and there is much
anxiety, as yet without, however, any
great scare. No general damage has been done
and none is likely, even where there is trouble
reported. Bright weather would 60 far
towards setting things right, if it could only
last week or two.
Wheat was in good speculative demand for
regular, and prices started in firm and reached
yesterdays outside figures without much of a
break; then the weaker feeling appeared and un-
der excessive offerings prices broke, until at the
close the rates were &c lower for August, "A
ok lower for September. Sales: 81. 0lN for
August, 994 c9Sl 00R for September 991sc9
$l.00T for October, 97X @99k C for the year.
Winter was irregular; receipts, 1853 cars;
opened nc higher, but dropped off &c. Sales:
81 .03@1.O4 cash and August, 81 054@1 .03x
for September. Spring was nominal, the
only transaction being in No. spring at
$1.04. On cali the sales were: Regular, 745,-
COO bushels; winter, 200 bushels; spring,
none. Prices: Regular, easy TO &c lower;
winter, steady to C lower.
Corn was irregular, comparatively strong.
Prices were unsettled in a small range and
a. fvQd q 10 oh farSa int
show some falling off. At the close the ad-
vance was &c on cash, August and year; &c
on October and &c on November. September
was unchanged. Sales. 7716(97Sc for August;
76I@77c for September; 74%Q751Sc for
October; 66K @671lc for the year. Ga call
sales were only 2l5,0OO. Prices a little off.
Oats were the most active feature OF bust
ness on change and were unusually brisk.
The market opened 4515c, advanced to 47c,
then weakened to 44c, closing 441SQ44%c
Cash was also weak at the close, selling down
from SO to 5Sc for old and So to sic for new.
Sales: 3615G28S c for September, 364 @37A c
for October, S5@361lc for year. On call sales
were 1926, 900 bushels.
Pork was active on speculative accounts
and prices 25@35c higher. Later there was a
drop of 15@20c, at which the market closed
steady. having been lively all day. Sales:
$2i.12H@2l. 371x for September, $2l .32X q
81. 30 for October, $40. 52H 019.57X for year.
On call sales were $500 barrels and prices
2A @20c lower, except that January was only
trife lower.
Lard was freely offered, prices advancing
5@10c, and then towards the close declining
12x @15c, closing tame. sales: si2.42X q
IL 571 for September; sl2 50@l265 fol
October; S12.32X (Q12 IS for January. On cal
Gales were 1880 tierces, but prices did moi
materially change, merely ruling trife
easier.
The board was disturbed to-day by rumor.
OF gigantic combination, headed by Rufus
Hatch, who had been in the West for som,
time, the object of which is to corner corn thi:
fall. Only little over 6 000,0 900 bushels of th'
cereal bing in sight. and the warehouses here
being nearly bare, gave some plausibility
to the story. 1t is suspicious
fact, however, that some who are repr sentec
as being his brokers in the scheme boldly an,
nounce that it is his plan to put corn up tC
wheat in price. 1t was noted that there wa:
very little demand on call for corn and sales
were only 215,0 900 bushels.