St. Paul daily globe., 1888-08-11
THE COMMERCIAL RECORD.
Uncle Sans Hardness in Furnishing
the Crop Report Has Depress-
ing Effect.
Scalpers Make the Most of II, and ALI
Futures Except Oats and
Pork Decline.
Doinqs Of the Manipulators Of Stocks
---The General Quo
tations.
Epecial to the Globe.

CHICAGO, Aug 10.-An the markets were
Exceedingly dull this morning, and the trad
sng was principally in the scalpers' hands.
Wheat opened lower and inactive. The mar
ket continued featureless throughout the
day. There were very few outside orders,
and the local scalpers had the market all to
themselves At one time September brought
S3c but il did not last. The fayorite prices
were S25s and S27sc. Corn was much the live
lest article on Change today. The crowd
was decidedly bearish, but Hutch pre-
ferred to bull, and he accordingly stepped i'll
and bought fully 500, 900 bu September. He is
also reported to be very long on October, as
much SO as Cudahy is short There was some
demand for September around 45Ac. The
break in the provision market was favored by
the packers, who. anticipating big receipts of
hogs, would prefer to see decline. Cudahy
and Ream both raided the market fearfully,
and the yellow fever reports from the South
aided the downward course of the market.
Corn was sympathetically weak. and this
feeling was aided by surplus of ~ cars over
the estimate. The grain inspected was III
cars winter wheat, II of spring. 367 corn, 10
rye, Sc oats and 6 barley.
TIE ROUTINE REPORT.
CHICAGO, Aug. 10.-It was a rather lively
midsummer day on change. The first disap
Washington crop report, due at IL q. M,
would not be made public until p. m. The
market weakened little at the opening but
before noon sales were over last nights fig
IRE. The range, and thirty minutes below
the close, was only l2c, but the pit was not as
quiet as this would indicate. The crowd had
covered some wheat, fearing the effect of
The government figures. Then came the re-
port that the figures were not to be
made public until p m., and they sold the
market down Iac Outside orders, helped by
some more cautious covering, caused reac-
ton of l2c, which was followed by another
weak spell. Thus it was good day for
scalpers, and all uneasy and Improbable day
10 those who worked for any decided turn in
prices. Wheat closed for September where
it hung the greater part of the session, at
S2l2c, or a shade lower than at the close last
night. The large receipts were too much for
the corn market. The first weakness was
i'll cash stuff. caused by liberal or
ferings at or below the September price
The loss in price for the day was about l2c.
and the entire range 34c for the session. The
feature in oats was an advance of 7sc for Au
gust delivery, with a subsequent reaction of
lac. Other deliveries were steady. The lead
ing feature of interest was the selling in the
provision pit occasioned by the yellow fever
reports form the South. Short ribs for Sep
tember sold before the close SOC lower; lard
zoe lower, and mess pork about soc lower.
The close in provisions was steady, with
pork showing slight advance.
The leading quotations ranged as follows:
Wheat-No. 2 August opened at S2Ssc, clos
ing at S2l2c; September, S27sc, closing at
s27sc; October, s3ssc, closing at s3l2c;
May, e9c closing at S9Ac. Corn-No
August opened at 457sc, closing at 457sc;
September 45sSc, closing at 45c; October
445sc, closing at 1850: May, SOC, closing at
3S34c. Oats-No. 2 August opened at 25Ssc
closing at 2524c; September, 24Ac, closing
at 24l2c; October. 24s4c, closing at 24ssc:
May, 2sc, closing at 277sc. Mess Pork. per
bbl-August, closing at Sl3.5o; September
13.S5, closing at S13.55; october, opened at
S13.70, closing at $3.50; January, S12.75,
closing at S12.6 65. Lard, per 100 lbs-Sep-
tember, opened at $9.75, closing SS.67I2 :;
October, $50, closing at $500; ;-January
81 60, closing at S7.57l2. Short Ribs per
100 september opened at S.. 10, closing at
S7.97l2; October, $50, closing at $7.97l2
Cash quotations were as follows: Flour
spring, s2l2c; No. } spring. 7G@79c;
No. 2 red, S512c. Corn-No. 9, 45I8@45Bc.
Oats-No. 2 new), 25l2c. Rye-No. 2, 4Sc;
Barley-No. =, nominal; Flax Seed
No. i, S1.1112@1. 10. Prime timothy seed,
50. Mess Pork-Per bbl. $4,000 i362l2.
Lard-Per 100 lbs, So 60@S .62l2. Short
ribs, sides Qoosel, S7.90@.S: shoulders. dry
sides (boxed), So zo@s 90. Whisky. distillers
finished goods, per. gal, S1.2O. Receipts
Flour. IA 900 bbls; wheat. n, 200 bu; corn.
10000 bu; oats. 10000 bu; rye, 5000
bu. Shipments-Flour. 10, 600 bbls; wheat,
1S2, 900 bu: corn. 253.O00 bu; oats, "a,
600 bu: rye. 1000 bu. On the produce
exchange to-day, the butter market was
steady and unchanged. Eggs dull, nothing