St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-09-07
The COMMERCIAL RECORD.
4 Nervous Market, See-Saw Fluctua-
items. and Finally Slight Advance
in Wheat.
C5rn and Oats Go Up in Sympathy, and
a Yellow Fever Scare Affects
Provisions.
Financial Operations in the Money MartS
The General Quota
tons.


Special 10 the Globe
CHICAGO. sept 6.-The situation in wheat
this morning was about this: The bears, who
have lost money for q month fighting the ad-
vance, were afraid 10 sell what they consid-
cred TOO dear wheat short. while the bulls,
who Relieve IN still higher prices, were in
shape TO allow still further reaction in order
90 buy cheaD wheat still cheaper. The cables
were OF nou-committal kind-they simply
oguted spot and futures quiet and I'M
changed. The hrst hour was see-saw with
prices, both above and below the closing
t-'7e last night December touched 93Ac
ana then jumped 40 94l4c, returning 10 93$sc
.t noon. Receipts here were ISS cars,
VIA bar 20OCO bu inspected out Of store.
heat was unusually strong at the close,
when December touched 94l2e and closed
ig- "a split under The features of the
cora trade to-day were the buying by
Damn * Co. and the very good demand for
cash corn. Prices opened steady II last
E--hts figures. sold up few fractions early,
reacted 10 the opening figures and on a bulge
80 the time of the greatest strength in wheat
sold ssc over the close last night and closed
a. p. m. at 44s4c for October The range
was 44l2G4514c and the close I4c higher.
There was another yellow fever scare in pork
Today, the near futures opening IJG2Oc IN
Ger last nights figures. October sold down
% SlI. and January 10 Sl3.72l2. loss OF
-}7c and l2lsc specuvely. but had improved
LILLE hy the l O'Clock close. which was at
IOal3.SO. q net loss Of 26c on the near
futures ana DC on January. Lard was not so
much affected The close was al So. so Tor
October. the loss being 2lsc. Ribs closed
7i-6 loo lower than yesterday. fiuctuating
a ha i'm
was wild. but the feeling firm. with slight
advance in prices for cash and futures.
THE ROUTINE REPORT.
chicago, sept 6.-The situation in wheat
THIS morning was about this: The bears
who have lost money for a month lighting
rre advance. were afraid 10 sell what they
considered too dear wheat short. while the
bulls believe in sIiil higher prices. were in
Sl pc 70 allow further reaction IN order 10
h.iN cheap wheat sui cheaper The cables
quoted spot and futJ rs quietand unchanged.
Ilie news from The Northwest was as buillsh
as ever. bur had less effect. because the trade
had become used 10 The badly damaged crop
statements. The IrSt hour was a see-saW.
with prices both above and below the closing
Irlce last night December touched S34c.
and then jumped 10 94l4c. returning 10 93Ssc
aHGut noon october sold al 93ll927SC and
Nay M 9124I 9S7sc- acting very closely with
December. heat was unusually strong al
The close. when December touched g4lsc
ar the corn trade were the buying Of Dunn
d To. and the very good demand for cash
corn Prices opened steady at last nights
figures. sold up a few fractions early
reacted 10 the opening figures, ana on
81 bulge az the time OF the greatest strength
III wheat. sold sic over the close last night
AID closed AT p m al 44@4c for October |
The trade in OaIs was mild but the feeling
Irlu- with a slight advance in prices. There
was another yellow fever scare in porK
p. lie near futures opened At 15T20c under
last nights figures. October sold down 10
SlA and January 10 Sl3.72l2. a loss OF 35c
ard l2isc respectively, but had improved
little by the ! o'clock close. which was al
: 10 and $3.50. a net loss Of 25c on
the near futures and % on January Lard
was hot 50 much affected. October started
sl4c lover ana January &c lower, the former /
MOI going below this first figure. The close
was az $3.50 for October, the loss beng 2I2c Z
nn near and deferred future deliveries. Ribs I
G. -ed 4i2t3 Toe lower than yesterday.
nUcluaJing within narrow range. During I
Inc afternoon session wheat was nervous. 1
excited strong ana higher. closing AT the TOP I
prices Tor the day. Com was active and /
strong closing lsGAc higher than at l /
O o'clock. Oats remained in light demand and /
steady PORK was steady ana Tor the year i
ana January 2isc higher than al l CLOCK /
Lard was Quiet, steady and unchanged. Short /
rts ruled quiet al unchanged prices.
THE QUOTATIONS..
The leading futures hanged as follows: /
Wheat-NO. > September opened at 925Sc /
dosing az gS2sc; October. 92I4c closing al /
g3i2cs December 93tsc. closing at 947sc: /
Muy. 977sc. closing at 99ssc. Corn-No. > /
September. 44s4c, closing at 45bc; Octo- 1
Der lilac closing at doc: December. /
3! lee. closing al 39s4c: MAY 395Rc closing 1
aI 39S4c- Oats-NO. > september. DISC. clos I
Ing M 24l4c; october. 24lsc, closing at 4I5c: I
November. 24lsc. closing al 245sc: Nav
3~5Sc. closing Al 2Slzc. Pork. Ness Per Bbi- 4
september opened at Sl4I5. closing al 1
Sl4.IO: October. Sl4.20. closing at SI4IU: /
January, S13.72l2, closing at SI3, so. Lard. !
Per 100 Lbs-September opened AT 500.
O. sing at S9.S2i2; October. 1919. closing I
$50. January. $50. closing ar IS 22I2. /
short Ribs Per 100 Lbs-SeDtember opened I
SID, closing at SS.4j; Octo- I
Der, $3.50, closing at SS.45; Jan 4
UsTy, -. closing at ST02ia /
Cash quotations were as follows: Flour firm:
unchanged. Wheat-No. = spring. 92l20 /
95Isc: No. 5. e5GS9c; No. > red. 93Ac /
Como. ., 45c. Oats-NO.2. 24Isc. Rye /
NO. ,. sac. Barley-No = nominal /
81 90V l.93. Mess pork per Dbl. Sl4O7I2 /
@lilo Lard. per 100 lbs. 50. 900 50. /
short IlD sides ilOOSet. $500: drv
sal.eG shoulders boxed. ST.62Islf7 -: I
short clear sides CbOxed). S9G9.25. WHISKY
- -'-St-l-ers finished goods per gal, SI.2O. 4
SI.-ars-Cut loaf, sIslsi2c; granulated. I
-7,r- standard "a - -I3e ReceiptS-F i0ur
4tl IA; oats. 2S5.l23 bu: rye. 24.56s bu: 4
bailey. 34.4 bU- Shipments-flOur IL
532 hhls; wheat 7S,23S bu; corn. 1868 I
bU- OATS. l65,5TS bu; rye. 1864 bu; barley.
l-39. bu. on the produce exchange to-
cay The butter market was firm. cream /
e1.. kleIn- I'D 2GB23c: choice Western, l96 /
-; dairy fancy. loo 4i3c; good, l3aI4i2c. /