St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-07-27
The COMMERCIAL RECORD.
Wheat Holds Its Own in Spite Of Some
Very Bold Selling on The Part of
Heavy Operators.
The Best Price of the Day Was on
the Opening Bulge Of the
Morning.
Judge Brewers Decision Helps the
Granger Stocks Triile--0ther
Markets.

Special to the Globe.
CHICAGO, July 26.-In spite Of very
nervous feeling and some pretty bold sell
ing, wheat held up pretty well to-day. The
pest price of the day was on the opening
bulge on strong cables of high foreign
prices. August opened Ac higher at SOss,
Ind sold between 1850 and S07Sc, closing at
r9Isc, Receipts were 40 cars. Corn was
heavy and declined lie. The only buyers
'eemed TO be shorts. Receipts were 2S2
ears. Oats were fairly active and a shade
lower. Receipts SO ears. Provisions broke
With corn, but recovered most of the loss
Pork closed 2l2c lower; lard shade higher
ind short ribs steady.
THE ROUTINE REPORT.
CHICAGO, July 26.-August was at one time
/. full cent under the closing price
yesterday, but after each depression
there was a quick rally to soc
was on the opening bulge on strong cables
of higher British markets. The selling OF
two strong Chicago spectators broke the
market here from S0sSc TO 19s4c for August.
the second time to 1850 and as quickly re-
August wheat was lie under last
night at 797sc; September, soc. Corn was
heavy. The result of the session was de-
rliie of lie in the price of August from the
close Of yesterday. July corn sold at 4o@
&6$sc, closing at 454c. August sold at ACC
to open, up TO 46Ac, down to 45ssc followed
by a rally and then another drop took the
price to 45c. Before the close there was
rally to 45l2e and a third break to 45lsc, the
closing price. The drop which caused the
price to touch 45c was due to rumor that
the cars for Friday would reach 800 when
the real estimate was 302 cars. There T''@S
lively selling at times by both the country
and the local crowd with only shorts as buy
ers. The great amount Of long corn which
has come out of late gives the i'm
preston that trades are getting pretty well
evened up in the corn pit Oats were dull
and easy during the greater part of the day,
followed in the wake of other cereals, but
toward the close worked slightly firmer. The
trading was largely in August. which opened
at 25lsc, and declined to I534c, the closing
price. Provisions received more attention.
For cash delivery there was more freedom
and liberality in the buying, and in specu-
latiNe way business was quite active. From
the start the trading was well maintained.
The work of reducing short lines was prose
est developed was more than ordinarily gen
eral. Price changes were within moderate
limits. At the close short ribs were the same
as yesterday. while lard was .l2c higher, and
pork about 2l2c lower.
THE QUOTATIONS..
The leading futures ranged as follows:
Nheat-No. 2, July, opened at S2Isc, closed
at s16sc; August, Sossc, closed at 1850; Sep
tember S0ssc, closed at soc; october,
SOs4c, closed at 90Ac. Corn-No. p August
opened at 46Ac, closed at 45lsc; September,
46Isc, closed ut 44s4c; October, 45Ac,
closed at 441sc; May, 39c, closed at
9Ss4c. Oats-No. 2. August opened at 25c,
closed at 24s4c; September, 24asc, closed at
24Ac; october, 24Ssc, closed at 24ssc;
May, 27sc, closed at 27s4c. Mess Pork,
Per Bbl-August opened at S1375, closed at
Sl3.75; September, S13.S5, closed SASS;
october, Sl3. 50, closed at Sl3.S5; January,
S13, closed.at So. 80. Lard, Per 100 Lbs
August opened at $S.62l2, closed at SS.G5;
September, ,ss.77ls, closed at $50; octo-
closed at S7.65. Short Ribs, Per 100 Lbs
August opened at $50; closed at
ss.15; September, Ss.17l2, closed at
S22Ia; october, Se.1712, closed at
1925; January, $3.50. closed at S6.65.
Cash quotations were as follows: Flour
Steady and unchanged. Wheat-No. 2spring.
S0l2@S14sc; No. 3, Spring, nominal; No. 2
red, Sic. Corn-No. z, 1880. Oats-No.
2, 29s4@3Oc. Rye-No. 2, 45c. Barley-No.
Seed, 80. $685., 40. Mess Pork-Per bbl.SI3.75
Ribs-Sides Qoosel, SS.1@12@S.15; dry
sailed shoulders, (boxed), 81. 25@07 40; short
clear sides, (boxed), SIS. S7l2@9. Whisky,
distilers' finished goods, per gal, S1.20.
Sugars, cut, loaf, Sssc; granulated Sc; stand
dard IA we. Receipts - Flour, $1,000
bbls; wheat, $4,000 bu; corn. 160, 900 blu;
oats, 10000 bu; rye, 5000 bu; barley,
none. Shipments-Flour, 5000 bbls: wheat,
21,OOO bu: corn, 24e, 600 bu; oats, 1873, 1000
the produce exchange to-day tine butter
market was quiet; creamery, 14l2@1Sl2c;
dairy, 12I2@l6c. Eggs steady; fresh re-
candled, 15@15l2c.