St. Paul daily globe., 1888-08-20
The COMMERCIAL RECORD.
A Sudden Let-Up and Mild Reduction
in the Price OF
Wheat.
Oats Firm and Fraction Higher---Hog
Products Dropping Off
Trifle.
Financial Operations In The Money
Centers---The General Quota
tons.
Special to the Globe.

Special to the Globe.
CHICAGO, ILL.,. Aug. 1s.-Wheat opened
about I3c lower this morning and before
noon had declined lac. After midday there
appeared to be let-up on offerings and
prices recovered and closed about Ac under
last nights figures. The early decline was
due to large offerings, encouraged by better
weather in the Northwest and the absence OF
any bullish news. Receipts were 2O6 cars.
There was but little done in corn. Opening
prices were about 19c lower, but, under fair
demand. prices advance ed A0ssc and closed
easy. Receipts were 311 cars. Oats were
firm and shade higher. Receipts. 1S9 cars.
In provisions the feeling of strength contin-
ued, but there was only fair business.
Closing prices record net gain of in pork
of 15@17I2c; ON lard of 212Q5c, and on ribs
of 1G@12l2c.
THE ROUTINE REPORT.
CHICAGO. Aug. 1S-There was change IN
the speculative atmosphere from the curb
feelings last night to the beginning of busi-
ness TO day. In the grain markets there was
a sudden let-up and mild reaction in prices.
Wheat opened l2c lower. and before noon
sold 1c under the closing price yesterday.
Corn also started lee lower, and after rally
to the closing price, dropped back frac-
ton. Oats were firm and lac higher for Oc-
tober In provisions the feeling of strength
continued. Opening prices were about
SC higher and pork sold at about
the outside price touched yesterday. Sales
for September for the forenoon ranged:
Wheat. S33s@S4c: corn, 445s@4 44l2c, and
447sc: mess pork, S13. 6O013.67 There was
light trading IN corn. The market appeared
to be little affected by outside reports. and 1t
was not disturbed by outside orders. Open
ing prices were about l2c lower. The was
anxiety to sell at any price, but for lack of
support the price went off slightly and closed
about 1sc lower. The closing prices for the
September option show the following results,
in comparison with Yesterdays closing fig
ures: Wheat. 14c lower; corn, 1sc lower;
oats, 1sc higher; pork, 17l2c higher; lard,
2l2c higher; short ribs, 12l2c higher.
THE QUOTATIONS.
Wheat-No. .. August opening at S3l2c,
closing at S35Sc: September opening at
Sic, closing at S4Ac; October opened at
S5c, closing at S5c; May. Ole, closing
at 91sac Corn-No. 2 August opened
at 44a4c, closing at 44Sc; September, 44!2c,
at 44sSc; May. 39SSc, closing at 395sc. Oats
No. 2, August opened at 25c, closing at
2514c; September 244c. closing at 24l2c;
October, 245Sc, closing at 24sc: MAY, 2Sc,
ber opened at $3.50, closing at S13.57;
October. S13.62l2. closing at $l3.72l2: Jan
uary;, opened at $3.50, closing at ST.. 91l2.
Lard-per 100 lbs : August closed at
$s.95; October, $500, closing at ss.92l2
January S7.72l2, closing at S7.72I2.
Short ribs per 100 lbs-August closed
at $s.22l2; September opened at
$si2ls, closing at s8.22ls: January
opened at S657l2. closing at S6.67l2.
Cash quotations were as follows: Flour
Firm and unchanged. Wheat-No. spring,
S3A1 S3ssc; No. 3 spring, 76@79c; No. 2
red, s5l2@s5a4c. Corn-No. 2, 447sc. Oats
No. 2, 254c. Rye-No. 2, 4Sc. Barley
No. 2, nominal. Seeds-Flax, Mol, S1.1S
@1:19; timothy, prime, s. 20. Pork
Mess, per bbl, 13.70013.75. Lard
Per 100 lbs, SS.95@9 97I2. Ribs-Sbort,
sides. qoose). s. 1905 ,l2la; shoulders
Dry salted. (boxedQ, S7.40@7.50; short
clear sides, boxed, SIS. 7O@9. WHISKY
Distillers finished goods,per gal; 81 20.
Sugars-Cut loaf, S5sc: granulated, $3.50
784c: standard A" 7Ac. Receipts-Flour,
14,534 bbls: wheat, 96,2S0 bu; corn. 222,
766 bu; oats, 131, COS bu; rye, 1877 bu:
barley, 3. 123 bu. Shipments-Flour, 12,-
262 bbls; wheat, 1866 bu; corn. 479, 416
bu: oats 143, 225 bu; rye. 6.563 'bu;
barley, 772 bu. On the produce exchange
to-day the butter market was steady; fancy
creamery, 1Sl2@l 9l2c: fair to good, 140 16c;
fancy dairy, 15@15l2c; good to choice, 13@
14l2c. Eggs steady at 13l2014c for choice
Northern