St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-07-11
.-AE COMMERCIAL RECORD.
Improvement in the Crop Prospects Ex-
ercises a Bearish Influence on
the Market.
Wheat and Oats Drop a Fraction in the
Estimation of Buyers, Corn
Closing Firm.
Financial Operations In the Money
Centers-.-The General
Quotations.
epecial IN the Globe.

Special TO the Globe.
CHICAGO, July 1O.-There was less talk and
trading On the curb than usual this morning,
but what there was indicated still lower
opening figure. Based on the closing at
STAG last night the curb estimate OF the
opening figures was not higher than SossO
5000. Again the truth of this statement was
shown, for when the market oIened 1t
rapidly veered around to S0A@S0ss0SOs40
SOssc, and suddenly fiattened down to SOl2c.
The government report was the cause OF the
break. Jones, Kennel & Hopkins, who
have been liberal buyers, turned about this
morning and became sellers, to certain eX-
tent. Every little while one of the Hutchln-
son men went in and sold five or ten thou
sand, but he bought more than he sold. The
same is true OF Schwartz l. Dupee, ard two
or three other large dealers. There were no
particular features to the market The Liver
pool cable announces that prices are tendlng
down for English and American wheat;
futures and spot grain easy and provisions
unchanged. The report, however, had been
discounted for several days past, and
the effect of the figures was short
lived. Then too, the damage done to crops
since the first of the month had to be taken
into account The market advanced again
for the greater part of the session. "Hutch's'
Astounding faith in the market was shown by
the persistence in which mis- brokers took
everything that was offered. In the corn
market as in wheat. there was very little
disposition to trade during the first hour, the
opening price of August being ssc under last
nights close. That future touched 1850,
but sold off later to 4S7sc, the government
report having bearish effect upon the mar
ket The market closed at 49Ac for August,
49ssc for September. aud 1880 for October,
being a net loss for the day of ss@lc. The
cash market sympathiZed with futures. The
provision market was extremely quiet. with
very narrow fluctuations in prices, and the
closing exhibited very little change from
those of yesterday. Pork was unchanged,
and lard and ribs 2I2c lower There were no
new features in trades. In cash produce
there wasa irst-rate trade, cash selling at
SS.10@S. 12I2, green 15-b hams at Zoe, and
sweet picked 16-lb hams at lO34c.
THE QUOTATIONS..
Wheat-No. 2, July opened at s2c, closed
at Slasc; August S084c, closed at SUHc; Sep
s2Iac. closed at s2ssc. Corn-No. 2, July
opened at 4S7sc, closed at 4 S75c August 4912c,
closed ut 49l4c; September 1859, closed at
1880; october 49ssc, closed ut 4S7sc. Oats
NO. =. July OpeEeu 1T 0-h2c. clOseu III OlS4C :,
August 26Ac. closed at 26Ac; September
posse, closed at 25asc; year, 25Isc, closed at
254c. Mess Pork, Per Bbl-August opened
at Sl3 52Ia closed at $3.50; September
S1357l2, closed at Sl3.6n. Lard, Per 100
1bs-July opened at S9.07l2, closed at
Ss.o7l2; August opened at IS. Is, closed at
S9.17l2; September $S.25, closed at $50
October 'SS.25. closed at SS.2o. Short
Ribs, Per 100 Lbs-August opened at
1875, closed at $7.57l2; September
opened at S7.67l2, closed at s7G5.
Cash quotations were as follows: Flour
Quiet; unchanged. Wheat-No. 2spring 81
GSl5Sc; No. 3 spring. nominal; No. 2 red,
Sic. Corn-No. ., 4Ss46l4S7sc. Oats-No. 2,
32Ac, Rye-No. 2, 5Sc. BarleyaNo. 2. 81
G63c. Flax Seed-No. l, Sl.10. Prime
timothy seed, 81 4OM245 Mess Pork-Per
Dbl, S13.55. Lard-Per l00lbs, $50. Short
Ribs-Sides Qoosel, S1.53; dry sailed Shout
ders (boXed). SCI also; short clear sides
(boxed). SS.O5@S.I0. Whisky-Distilers'
finished goods per gal,Sl20. Receipts
Flour, 5000 bbls; wheat, 10000 bu; corn.
$1,000 bu: oats, 100000 bu; rye, Loco bu !;
barley, 1000 bu. Shipments-Flour, 1000
bbls; wheat, $4,000 bu: corn $4,000 bu;
oats, $4,000 bu: rye, 1000 bu. On the
produce exchange to-day the butter market
was quiet: creamery, 15iA0lSs4c; dairy, ID
G17c.. Eggs firm; fresh candled 13l2@14c.