St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-08-08
PITS ALMOST EMPTY.
Yesterday Remarkably Dull Day
Among the Traders On Change
in Chicago.
Wheat Kept Within Range of One
Quarter Gent, the Close Being
Without Life or Interest.
NrLtttIe More Doing In Corn and
Prov1stons--No News to Move
the Market.
Stocks Open Strong, but the Close
Was at a Decline from Best
Figures.
Chicago Grain aud Provisions.

Shna y tASAVAss
Special to the Globe.
CHICAGO, Aug. IAN easier feeling
prevailed in the earlier markets, no one
wanting September wheat very badly at
f614c, nc cheaper than it closed last night.
Fresh receipts were twenty-three cars.
were moderately large, but the
thing most missed was news of some kind
TO make the market move. There was
absolutely nothing of this nature III sight.
The inspection sheet showed 412 cars OF
corn. but the demand for it was moderately
good and the price kept very steady around
l4@@44%c. Pork sold at SO. 75@9.T7a
for September delivery, the local market
being held up by light receipts at the yards,
,nly about 1000 head of fresh hogs coming
in. The appearance OF the different pits
resembled nothing so much as when the
board is holding its last session prior to
holiday adjournment. Practically all the
business was done during the first halt hour
of the session, and even that was SO
dull and light as to induce comment. The
entire fluctuations in wheat were &c, and
there was really no good excuse for even
this movement, beyond the fact that to
make a sale buyer and seller must come
within &c of each other. To keep the
crowd from leaving the pit altogether a
game of catch" with wad of paper fol
ball, was started up and played as long as
Harris would keep away from the pit.
Every now and then there was trade in
wheat, but it appeared more desire to
break the monotony than for any desire to
engage in speculation. a jump from
1910 to re or back again was thing of
rare occurrence. The close at 1 o'clock
Mas entirely without life or interest. AL
he market is quiet now" remarked a MEM
)er of the board this morning, 1--WE will
AVE one one of these days that will suit
THE BIGGEST KIND OF A BULL
if the crowd will keep from bulling little
while and let the wheat continue to go out
N the way of exports. Shippers can use
wheat now at these prices, and ii the crowd
will only refrain from pushing prices up on
reports of one or two boat loads taken at
New York, the increase in the visible sup
ply will run down and we will then have a
strong, healthy market" Corn attracted
rather more OF crowd. but the provision
pitt was also about deserted. Some corn
sold at 45c, but prices later reacted to 44%c.
Pork went up to 50. SIS on the reasons given
at the opening, but sagged back to So. so.
Corn got about half i length ahead of wheat
in the matter of fluctuations, moving
&c during the day. September opened at
44Ac. sold down sc. then up to As and
back to 441ac. 1t attracted, if anything, a
larger following than wheat, but this isn't
saying that more than corporars guard
were inferred in the market. Early in the
day Storms bought a little, and Bangs was
also buying. Tufts & Walker had a sample
of splendid-looking corn sent in from Ok
ford Junction, Ia, which the sender claims
is a fair sample from that vicinity. If the
facts are as stated there is certainly no
cause for alarm so far as that portion of the
iowa crop is concerned. Pork was not quite
as dull as other articles. but after 10 o'clock
there was very little business done. After
selling at S9.S5 September fell to $9.72A
and closed SpiritlesS.
PETER BERKEY, Pres. +. W. ANDERSON, Cashier.
J.W .GRIGGS V. Pres. A. c. ANDERSON, Asst G.
THE ST. PAUL NATIONAL BANK,
CAPITAL, 100000.
Corner Fifth and Jackson street,