St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-08-06
THE COMMERCIAL RECORD.
Considerable Activity in the Wheat Pit,
and Market Closes at the Out
side Prices.
An Advance In Lard and Its Continued
Firmness the Feature Of the
Provision Market.
Almost Utter Stagnation in the New
York Stock Market---Railroad
Bonds.

Speclal 10 the GloDe.
CHICAGO, Aug. 4-On change to-day wheat
was active and strong and closed about 112c
higher than last night. News here and on
the other side was bulish and the trade re-
sponded readily Sellers were careful. The
market was marked by activity on the morn
ing bulge which took September to S4lsc.
This was followed by heaviness and decline
to S3ssc about noon, when there was Sec
ond bulge to S4Ac on reports of export TAX
ings at New York. The close was firm at
the outside prices which show a gain
for the day of 14c to lac. Receipts, 157 cars.
Corn was strong early and prices advanced
about I2c over yesterdays close This was
followed by liberal selling, which carried
prices down to the close at from lac to 5Sc
gain for the session. The greatest gain was
for August. tor which there was a good de-
mand. Receipts 297 cars. Oats were in fair
demand and closed about steady, Receipts
Sc cars. The feature in provisions was the
frmness and advance in lard of 15@17lac.
Pork received fair attention and closed so
Toe better for the nearer futures. Short ribs
also were active and closed 7a12I2c better.
THE ROUTINE REPORT
CHICAGO. Aug. 1.-The situation in wheat
was interesting enough to-day TO keep up
activity and advance prices, although the
other pits were very dull before the close
bullish nature. The trade responded more
readily than on Friday. Cables represented
questionable condition OF crops on the con-
tinent. The opening price for September
thirty minutes before the close, S34c, was
HE over last night. Certain houses
had received orders from the North
west to buy, and others had orders
TO hold wheat already bought. The
market was marked by activity on the morn
ing bulge, which took September to S41sc.
This was followed by heaviness and de-
cline to S35sc, and sold up to S4ssQS4s4c.
0S6$Sc. Wheat closed firm at the outside
prices of the day, with September 1l2c
higher than last night. There was strong
feeling Ill corn early, which sent
lowed by such liberal selling by bro
kers, supposed to represent heavy traders,
that the price of September declined from
46l2c, the top price of the day, to 1850
During the balance of the session the price
kept close to Acc, and closed at 46Isc or J4c
over last uight. There was a fair interest III
OATS and sales for August were 247sc and
244c, shade lower. The feature of the pro-
vision trade was the firmness and advance of
15@17l2c in lard. Offerings were light
and made it easy for holders to secure an ad-
and closed at $3.50. Pork received fair at
tenuon, but an unsettled feeling prevailed;
September opened at S14.2712, sold at
Sl4.25, up to S1437l2, down to S14.2 30, but
gain of Toe: Short ribs advanced Zoe: Sep
temter sold at SS.30@S. 37l2 and closed 1T
SS.35. Packing since March l, 1,22S, 900
hogs, against 1,333,0oO for the same time
last year.
THE QUOTATIONS.
The leading quotations ranged as follows:
Wheat-No: 2 August opened at s35sc, clos
ing at S334c; September, S3I2c closing at
n
May, S9a4c, closing at 9OAc. Corn-No
August opened at 46sSc, closing at 46Iac;
september, 46c, closing at 461sc; October.
45isc, closing at 45Ac: May, 39l2c, closing at
39l2c. Oats-No. August opened at 251sc,
closing at 25c; September, 24S4c, closing
ut 24Ac; October. 2484c, closing at 24I2c:
May, 2Slsc, closing at 2Sc. Mess Pork, per
h ,aaha1 S IL closing at sl425 Sep
October, opened at S14. 25, closing at
S14.25c; January, closing at SI302I2,
Lard per 100 lbssaoAAnrgust, opening
ss7c eo eiOsn as s2 oeiooe sePss99sg
s sGs at s7eS Short 5"n4 R5s 9iS
400 lbs--AugustS S. 3214c, closing at So 32p2 !;
S SeP5s@oer e siosng at at s. 5
Cash quotations were as follows: Flour
quiet and firm. Wheat-No. spring. S2l2c :
No. B spring. 76@79c; No. 2 red, s6I2c
S SornNSo- 4 aa;sc oatsMNo. 2 25@2s12e.
Flax Seed-No. l, S1.1O; prime timothy
seed: 50. 40. Mess Pork-Per Dbl. S142O6
II 37l2: Lard-Per 100 lbs, Ss.77I2. Short
Whisky, distillers' finished goods, per gal,
$l.2O. Receipts-Flour, 10000 bbls;
wheat, $4,000 bu; corn. 14S,OOO blu; oats,
10000 bu; rye, 5000 bu. Shipments
Flour, $4,000 bbls: wheat, "a, 600 bu: corn,
Pol, 900 blu; oats, "a, 900 bu; rye, LOCO bu
On the produce exchange to-day the butter
market was unchanged. Eggs dull and I'M
pl,o