St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-09-20
The COMMERCIAL RECORD.
Wheat Opens Weak, but Under Heavy
Buying Orders Receivers the
Decline.
a Gradual Sinking in the Prices Of
Corn, Oats and Pro-
visions.
Financial Operations in the Money Gen.
ters---The General Quo
tat;0ns.

CHICAGO, Sept. 19.-Priees were generally
lower this morning on change wheat
opened weak, with two distinct rallies dur
ing the session, which gave range of lie on
December The situation in the Northwest
continues bullish, while the seaboard ana
abroad are bearish. One bearish symptom
here to-day was the dizziness on the bulges
and the animation when the indicator neared
the bottom figures. Sales ranged 91ls092c
october, 91Ss092ssc December and 9oSs0
964c May. The lowest points of the day
were touched shortly after the opening and
just before the close. Wheat closed at l p
m. at 9II2c for December. This was the
same as the opening price and 14c under
last night. There was no great aglta-
ton in corn, but a gradual sinking OF
prices. This was natural and unavoidable:
The weather throughout the corn belt is OF
the finest, and the receipts here were not
only large-646 cars-but the per cent of the
contract grade was large. The speculative
trade had the advantage of an excellent
cash and shipping demand TO aid in uphold
ing the market. and but for this the condl-
tons warranted more of decline. Septem-
Der held 1880 and 43S4c, closing 43Ssc;
October, 1850 to 1880, closing 43c: Deem
Der closed 3Sc and May 3SAc. Oats were
slow and dull, with q decline of ls0Ac from
Yesterdays closing prices 1t was another
dull day in provisions. With the exception
of October pork, which started 712c lower,
the general list opened about closing tlgures
of yesterday. October sold up to Sl45O
with January Sl3.93. about last nights
figures Lard was steady to strong, losing at
S10S0 and $3.50 for October and January.
October ribs sold off a little, but closed at
SS.Su, or only 2l2c. lower. January sold
at S7.10@ 7.12l2, closing at the inside.
On the afternoon board wheat advanced the
better part of &c on a good buying for
Northwestern account, ana on little furry
among the shorts caused by additional bull
letins forecasting the result of to-morrows
conference about doing away with French
duty OH cereals. The bears attacked the
market on the advance without effect. No
change in corn and oats. Pork was excited
and higher. october was advanced 25c' No
vember Ice, year &C. and January 12l2c.
Lard was strong. December year and
January closed 2l2c. higher. october and
January short ribs were advanced sc.
closing at the highest quotations.
THE QUOTATIONS..
The leading quotations ranged as follows:
Wheat-No. = September opened at 93l2c,
closing at 95l2c; October opened at 81 Ssc,
closing at 92Ac; December, 9ll2c, closing
at 92sSc; May, 95l2c, closing at 96l5c.
Corn-No. 9 September opened at 43Ac,
closing at 1880; October, 43S8c closing at
43isc: December, 3Sc, closing at 3Slsc;
May 3SSsc, closing at $3.50. Oats-No.
October, 24Ssc, closing at 241sc; May, 2SSsc.
closing at 2sSBc Mess Pork, per bbl-Octo-
Der opened at S14 37l2, closing at $l4.7O;
year, $3.50, closing at $3.50; January,
SI3.9Zl3- closing at Sl4.O1i2. Lara, per
100 ibs-october opened at $40 .S2l2 closing
at $1,000; year. S9.5o, closing at Se.6212;
January IS. q, closing at SS.32l2. Short Ribs,
per 100 lbs-October, opened at $3.50, clos
ing at So. 50; January, 7.1O, closing at 81. Is.
Cash quotations were as follows: Flour
firm and unchanged. Wheat-No. 2
spring, 94@95c; No. 3 spring, 78l2QS0c;
No 2 red, 94@94l2c. Corn-No. 2, 43Ssc.
Oats-No. 2, 24lsc. Rye-No. 2, 52c. Bar
ley-No 2, 73075c. Flax Seed-No. l, 81 %.
Timothy Seed-Prime, Sl.53@1 80: Pork
Mess, per Dbl. S14.45. Lard-Per 100
S.. s5. Shoulders-Dry sailed (boxed),
81. 62l217.75; short clear sides (boxed),
S9@9 %. Whisky-Distillers' finished goods,
per gal. S1.2O. Sugar-Cut, Loaf, S4@S7sc;
granulated. 784c: standard IA. 7l2c. Re-
ceipts-Flour, 41.Ou0 bbls; wheat, $780,
OO0 bu; corn, $4,000 bu; oats, $4,000
bu; rye, $4,000 bu; barley, $4,000 bu.
Shipments-Flour, $4,000 bu; wheat, 142,
600 bu; corn, 44O, 600 bu: oats, 12S, 900 bu;
rye 80, 600 bu; barley, l4.OCO blu. On the
produce exchange to-day the butter market
was unchanged. Eggs steady and un-
changed.