St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-08-13
THE MARKETS QUIET.
Only Moderate Amount of Trading on
Change, but Prices Somewhat
Higher.
Firm Gables and Heavy Purchases for
Export Give Strength to
Wheat.
Corn Kept Up by the Bad Showing OF
the Illinois Bureau of Ag-
ricu1ture.
stocks Again Suffer a Decline by
the Exorbitant Rates for
Money.
Chicngo Grain and Provisions.

cars corn and 259 cars oats. The with
drawalS were 81, 351 blu. wheat. 201, sos bu.
corn and Al, 772 Blu. oats. The weather
also inclined to bullishness. Sergt. Buell.
reported cloudy weather in the lower lake
region and Eastern states, but in general
the weather is fair in all places. During
the last twenty-four hours rains have fallen
at Springfield, ILL.,, and some other stations.
No heavy rains, however, have fallen in
any of them. Warm weather will continue,
with scattering showers. Gables came i'll
firm and generally higher. Bulls had con-
troll of the wheat pit and opened
September at 1850. Prices Immediately
advanced to 765s@76%c, but eased back
fraction. Corn opened stiff at 4415c, oats
ut 2S15c, and pork at S9.75@9.T1a.
Cudahy, they say, bought quite lot Of
wheat early in the day, and was mainly
responsible for the advance to 76$Ic. The
reaction from that point, after his purchases
stopped, was natural and not induced by
any particular selling. Continued talk of
wheat exports helped September up to 77c'
but from this point it sagged nc, ruling
steady and only moderately active. New
Workers were also purchasers here, as were
also st. Louis parties. outside orders tend
ing to keep up the interest, but not doing
much in the way of advancing prices. Dur
ing the first hour corn kept very steady,
selling as high as 44%c, and going back to
opening figures, 441ac. More or less
strength was contributed to corn after the
opening by the report of the IL
linois bureau Of agriculture, which
makes the conditions even worse than
those indicated by the government report
few days ago. Manipulations based on this
statement helped to put September up to
Axe, but it did not stay there long after
the support was withdrawn. The subSe-
quent market was quiet and steady around
4444c. Quiet reigned in provisions, though
ALL PRICES WERE FIRM,
and some of them little higher than OPEN
ing figures lard making a noticeable ad-
vance. Inquiry as to how the heaviest in
terest in this market is divided up brought
out this statement from well-posted men,
Der: ''It is market on which the owners
or holders are divided up among large
number of small operators as COM
pared with the leaders or men we hear most
about in connection with the
wheat deal 1 believe Ream is
entirely out of the market in a
speculative way, nor is Nat Jones doing
anything at present. Being out of the city
he would find it awkward to operate on tho
market after his fashion. 1t is more likely
that both gentlemen named are enjoying
their vacations and have relieved them
selves entirely of the cares of speculation.
If any orders were coming in here from
them one would certainly hear Of it." Far
mers throughout the West" said another
equally we'll posted gentleman, ''are not
bulls on corn, strange as it may seem. At
least they are not of this mind throughout
Nebraska, where my advices come FROM
In that neighborhood they are holding and
limo fId nd 10Th Il 4lo@
they expect Immediately higher prices"
PETER BERKEY. Pres F. W. ANDERSON, Cashier.
3.W. GRIGGs, v. Pres. A. C. ANDERSON. Asst Q.
THE I. PAUL NATIONAL BANK,
CAPITAL. 100000
Corner Fifth and Jackson streets
The Quotations.
CHICAGO, Aug. 12.-Flour quiet and IN
changed. Wheat opened stronger and &c
higher; sales ranged: August 75ss076s9c,
closed at 755sc; September, 76ss@77c, closing
1890; Nc. spring, 1890; No. red, 76slc.
Corn ruled strong and 1sc higher; cash, 1870:
August 43as@43s4c, closing at 1870: Sep
TENDER, 43sa@445sc, closing at 44ssc: October,
452s@46c, closing at 1916. Oats steady; cash,
2s%c; October, sssGG2gs.c closing at
Barley weak and lower; No. 2, s1@sae.
Flax seed ffrmer; No. l. S1.15h01.1e. Mess
pork firm; cash, S9.7O; September, S9.709
9.T71a, closing at S975; October, $9.S0@9 S71a,
closing at $3.50. Lard stronger; cash, Sis;
September, $7121a@T.25, closing at S7.2O;
October, Sc. 1905. 12L, closing at S6.72k.
Sheee rib sides strong; cash, $780, Whisky
sthAdy at 81. IL. Sugars unchanged Produce
Exchange-Butter ruled firm creamery
14Q20c; dairy, 119l5c. Eggs 1O0111lc.
MICHAEL DORIAN & CO..
COMMISSION MERCHANTS ST PAUL. MINI
Grain and provisions bought and sold for cash
Culture delivery.
Orders for the purchase and sale of Stocks on
any stock exchange in the country promptly exc
utsG.
Duluth Wheat.
Special to the Globe.
DULUTH, Mimi, Aug. 12.-Wheat ruled
stronger and higher, with good feeling ex-
listing. The opening was firm and strong at
1890 for September, 1sc above yesterdays
close. After slight decline September got
up to 791sc, but before the close eased off and
closed about nc above the opening. The
day was without special features and the
tradingdot very large. The strength was
due to the sympathy Of wheat with corn,
whichEas very strong again to-day, owing to
better markets abroad and to the number of
foreign orders in most markets. Public
cables were firm and steady while private
cables were OF still stronger tone, some
quoting an advance over yesterday.
Export inquiry was perhaps fairly good
in all markets here. The inquiry was not es-
pecially good, but about 100000 blu were
worked for export, and the seaboard ship
ments for to-day were very large, a part on
foreign account. Receipts of cars show
very rapid increase in the amount of wheat
coming in, and some of the heavy receiving
firms report advices of large numbers of cars
on the way. Cash wheat, one cur No. hard,
to arrive, sold at 775sc and one car, to arrive,
at TITO. At the close it was worth about
use. August wheat sold near the close at
7S14c. September wheat opened at 1890,
dropped to 7sss@7S14c, advanced to 791sc,
eased off and closed at 7S5s@7S34c bid and
1870 asked. October wheat sold at 799s@s0o
ut the close.