St. Paul daily globe., 1888-07-28
The COMMERCIAL RECORD.
Rheat Some Fractions Higher Than
Closing Prices of the Prev
ious Day.
the Market for Provisions More Active
Than Il Has Been for Several
Days.
lack of Interest in the Stock Market
Taken by Bulls and Bears
Quotations.
special to the Globe.

Special to the Globe.
CHICAGO, H., July 27.--Cudahy, Hutch
nson, and other large dealers jumped into
;he wheat pit this morning and broke the
market, opening it at 79I2c. 1t declined still
further, and threatened to drop its bottom
entirely t. till Ream and one or two other
bulls stepped in and bought steadily. Ream
ook freely ut popular prices; Geddes bought
$4,000 at S0Lc; HeImboltz TOOK September;
Lindblom bought the same at S0Ssc, and sold
On S0SS61S0Sic split. Cudahy bought lit
lie himself. Ream, however, was the largest
individual bull throughout although the
,lose does not show so great a change, the
lays business was quite active. Corn
opened irregular and unsettled, but the de-
nand improved afterward, although the
market was mostly in the scalpers' hands.
There was some disposition TO hammer,
but no large lines made their appearance.
The close was made with a slight advance.
t was a big day for provisions, pork closing
1t an advance of 37l2c. The brokers in this
property were those generally known as ac-
i've for Armour. September was III leading
option. There were taken for shipment
1850 uerces of lard, the largest amount for
several weeks. Vessel agents chartered room
to-day aggregaung 23I, 900 bu of corn and
10000 bu of oats. Lake freights were steady,
III the basis of 2l4c for corn to Buffalo. Erie
canal rates were shade easier, quoted at
At 3l2C for wheat and 6l4c for corn. The re-
.eipts are: Winter, 105 cars; spring. 81 cars;
.>rn 30G cars; oats 80 cars; rye, 27 cars;
r3tal, 565 cars. The shipments were 9,402
eu OF winter wheat, 12,716 bu of spring,
s43, 1O3 bu of corn, II, ,SS3 bu of oats and
5,353 bu of rye.
THE ROUTINE REPORT.
CHICAGO, July 21.-Wheat to-day suffered
decline early on selling by Il leading local
operator, but the situation was strong enough
20 countcract this before the first hour ended
and for the balance of the session prices
ruled several fractions better than yesterday.
The selling was about offset by the buying of
;wo other heavy Chicago speculators. Dur
ng the early weakness here outside markets
Sere all relatively stronger, and this helped
he buyers. The total receipts at wheat in
flght points to-day were the largest of the
season, reaching 615,000 bu. The receipts
we're counteracted in part by the clearances,
Rhich aggregated $4,000 bu wheat and
1our from Atlantic ports. ST. Louis sent
pear news, but the cables were
on the other side. There was good deal
II quiet buying for foreign account by
agents here. and this kept August above soc.
Prices ranged: August, 79l2c down 10 79I
Sn9ssc, up to so$ae, and steady at S0lsc 10
sO4c the last hours; September, 1910
T9Ssc and up to SSc. closing at S''l4c
August, S0l2c September. There was fairly
good trade i'll corn, but the range of prices
hdS ndIiOheE llllll lOT SOue tllle, du eFl-
ience that trades as far.as the local crowd is
concerned are pretty well evened up. The
opening prices were lower by fraction. and
the reaction was little decline OH the large
receipts and some local selling. Prices soon
:allied to and above the closing of last night
and continued strong to the close. August
ranged between 4IS4c and 45l2c closing at
45$sc; September closed at 45lsc. Oats were
dull and declined lac for all deliveries eX-
cept july. This future remained
steady on account of there being still
tome little demand to cover shorts
while only "A few operators appeared as sell
crS. The provision market was more active
and stronger and the advancing disposition
hoted i'll previous days this week was more
pronounced and the appreciauons larger. es-
peclally on pork which advanced 40 to 42l2c
from opening figures and closed at about
outside prices and 37l2c above yesterdays
last sales. There was good miscellaneous
buying by the shorts. Outside orders also
came in more freely. Holders at times sold
freely, but their offerings were rapidly alb
!orbed without causing any recession in
values. September opened at Sl3.S1l2, and
closed at S14.25 january. at l2.95@13O5.
Lard was moderately active and closed 10
cents better. September, sold at SS.7O0lS.S5
and closed at IS. 80; May, at 1919 Short
iibs advanced 5@7I2c, and September closed
al $3.50; January, sold at ST. .6506.67l2.
THE QUOTATIONS..
The leading futures ranged as follows:
Vheat-No. >, July, opened at S1l2c, closed
al SIC; August, 79l2c, closed at SOlsc; Sep
lember, 79$sc, closed at eOssc; october,
soc closed at SO5sc. Corn-No. 2, July
opened at 45l2c, closed at 455sc; August,
l5c closed at 45$Sc; September, 445sc,
closed at 45c; October, 1856 closed at
lIl2c. Oats-No. ., July opened at 2934c,
closed at 2934c; August 24S4c, closed at
2412c; September, Die, closed at 237sc; oc-
tober, 24c, closed at 235sc. Mess Pork,
Per Bbl-August opened al Sl3. 72l2; closed
si423; October, S13.7112, closed at Sl4. 1734;
January, Sl2 90 Lard Per 100 Lbs-August
opened at $500 closed at SIS. 72l2 Septem-
ber, $50, closed at $3.50; October, $3.50,
rlosed at SS.7Tl2; year, S7.77l2, closed at
R7.7712. Short Ribs, Per 100 Lbs-August
opened at SS.12I2; closed at SS.22l2; Sep
.ember, SS.22l2, closed at $S.3J; October,
se.25, closed at $3.50; January, $3.50.
Cash quotations were as follows: Flour
Qmet, steady. Wheat-No. = spring. Sl@
s2lsc; No. ). spring, nominal; No. red,
Slice. Corn-No. :, 433sc. Oats-No. =,
Rs4@30c. Iiye-No. =, 44l2c. Barley-No.
:, 62c. Flax Seed--SllO. Prime Timothy
seed, S2.4O. Mess Pork-Per bbl. Sl4.10
nl412la. Lard-Per 100 lbs, SS.72l2@
S.75. Short Ribs-Sides Qoosej, $500
s.25; dry salted shoulders, (boXed), S7.25
R7.40; short clear Sides (boxed), SS.S7l2
%. Whisky. distillers finished goods, per
fal, S1.20. Receipts-Flour $4,000 bblS:
Wheat, 5000 bu; corn. $4,000 bu; oats,
$4,000 bu; rye, 1000 bu; barley, none.
Shipments Flour, IL 900 bbls; wheat,
1900 bu; corn, 267, 900 bu; oats, 161 900
eu; rye, none; barley, 1000 bu. On
he produce exchange to-day the butter
market was quiet; creamery, 14M19c;
iairy, 13@16c. Eggs weakening; recan-