St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-08-04
The COMMERCIAL RECORD.
Both Wheat and Corn Comparatively
Dull, With Narrow FluG-
tuations.
Weak Feeling in the Provision Pit, Al
though Good amount Of Bust
ness Transacted.
fhe Stock Market Opened Dull ald
Heavy, But Recovered Laier
in the Day.
Special to the Globe.

SptCldl W LIle NElODS.
CHICAGO, Aug 3.-"Fine weather every
where and improving crops" was the foreign
news displayed yesterday. The infuriated
bulls paved the ground and beloved their
iismay. The longs were evidently tired,
very tired. They had held their wheat so
long it threatened TO turn TO ehaff. Septem-
Der opened cent off at s2lac, and during
the first hour remained weak and slow of
movement. The whole market was inert and
inactive. Dwight was the heaviest buyer of
wheat. The crowd sold. There is no doubt
the market would have dropped TO SIC II
Ream and one or two others had not came
forward with some purchasing, which stead
led 1t and saved Il break TO prices of week
ago. Geddes did for December what Ream
did for the earlier month, and had the effect
Of raising the premium for December from
Use to Disc. From that time on the bulls
aad a more hopeful outlook, and the market
A steadier tone. In corn the opening was
low with considerable pressure TO sell. Sep
ember was the favorite. trade. Shaw sold
upward of 10000 bu. Norton IL Worthing
ton were also sellers. The closing was ssc
off. Lard AID ribs were quiet, but pork re-
NAMED nervous, active and irregular during
The day with declining prices all around. In
provisions pork alone was active and opened
yesterday had frightened the provision men
and ribs too were handled but sparingly.
THE ROUTINE REPORT.
CHICAGO, Aug. 3.-The morning markets on
change were comparatively dull, the tiuc-
tuatlonS III most pits narrow and prices gen.
orally lower. There was nothing i'll the re-
telpts or the news to materially effect trad
.ng, and as buyers held off it was easy to
bring about decline OH light selling. Wheat
was very weak after the unloading of yester-
day and opened lie lower for September. at
s2l2c, but rallied to o238c before IL a. m.
AT thirty minutes before the close of the
session wheat was s4c lower than the close
Yesterday. To-day there was less selling and
10 disposition to buy for rally. The
the best point of the day was 3Bc
under the closing price yesterday.
Wheat closed weak and lifeless. S4c under
yesterday and lac better than the opening
price. Corn wls fairly active at times and
very dull at others. There were no striking
features. There was some pounding of Oc
tober, and it was thought this was done in
order TO buy September to better advantage.
The market held up pretty well under the
early selling, the lowest point being about 5sc
below the closing of Thurst a., and the rally
caused by the buying by shorts took the price
above the opening figure Oats were the eX
ception and sold at higher prices The adj
vance was about l2c for all futures. The
strength was due to light receipts and
the wet weather. good business
was transacted i'll provisions, but tie
weak feeling developed yesterday was con-
tinued. The market for hogs was weaker
and prices lower. Holders of cured product
eyinced more disposition to sell. Buyers
were less inclined 10 buy, and nervous and
regular market was noted. Pork advanced
moderately shortly after the opening, but
then broke 33c and finally closed 15c below
yesterdays last sales. Lard was weakerand,
despite the purchase of $3.50 tierceS for eX-
port, prices declined l0MI 2l2c and the mar
Ept rih n II,
oy strong operators, and September broke
from $40 to SS.l142 but closed at SS.20.
THE QUOTATIONS..
The leading quotations ranged as follows:
Nheat-No. August opened at S2I2c, clos
Ing mt S2l2c: September, S2l4c, closing at
s248c; October, S3c, closing at S3c;
May, SSl2c, closing at soc. Corn-No.
August opened nj 45s4c, closing at 457sc;
44a4c, closing al disc: May,39c, closing at
39l8c. Oats-NO. > August opened at 2II2c,
closing at 25c: September dc, closing
at 24I4c; October. 24l4c, closing at 2412c;
hbl--August closing at S1415: Sep
TENDER, Sl435. closing at S1422la;
October, opened at Sl4 20, closing at
Sl42 zoe; january. $500, closing at
SS.7Oc, closing at $50; October, SIS. 62l2'
closing at $3.50; January, $3.50,
closing at 500. Short Ribs. Per
100 lbs-Auglist closing at $500;
H'SPtC liibCI. GO-OI re- NiOoilS dI SN.-Os
October, SS37l2, closing at S.. 25.
Cash quotations were as follows: Flour
firm and unchanged. Wheat-No. spring.
S21sc; Corn-No :, 457sc. Oats-No =, %
12Sl2c. Rye-No. ., 47c. Barley-No. 2,
nominal. Flax Seed-No. 1, 91.10; prime
timothy seed. unchanged. Mess Pork-Per
DBL SID. 20@l4 %. Lard-Per 100 lbs. $50.
Short Ribs-Sides Qoosel, s.. 2O@gS. %.
Shoulders (boxed), S7.25@74 40. Short clear
sides (boXed), S9Q910 Whisky. distillers'
finished goods per gal, S1.20. Sugars-Cut
loaf. S5sc; granulated. 77S@Sc; standard
"a" FAC. Receipts-Flour. 1000 bbls;
wheat $4,000 bu; corn. $1,000 blu; oats,
$4,000 bu; rye, $1,000. bu. Shipments
Flour, 10000 bbis; wheat $4,000 bu: corn,
$4,000 bu; oats 10000 bu: rye, 40 O bu
On the produce exchange to-day the butter
market was unchanged. Eggs dull and an
al.