St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-07-23
The COMMERCIAL RECORD.
Light Trading Aids in Keeping Wheat
Firm, Corn, However, Taking
a Tumble.
Bats Range a Peg Higher, the Provision
Market Being Weak and
Dull.
financial Transactions in the Money
Centers---The General
Quotations.

CHICAGO, July 21.-Tradlng in wheat to-day
was lighter than for any previous day of the
week. Hutchinson was seller merely as an
obstruction, as he made no effort to dispose
Of large amount of wheat. There was some
buying for foreign account, which gave
pullish tone to the market: The cash wheat
here was held on to, and July sold at 3lsc
premium. There was mucn speculation re-
York. 1t is generally believed that while
elearances for the week are light the new
business reported will give large clearances
next week. The movement of new wheat
makes it almost certain that st. Louis
q few days. The action in August
was all session between SOC and S04c. Sep
TENDER ranged between 795se and 1850.
Closing prices were August, S0lsc; Septem-
Der. 79sSc. Corn was Slightly heavy early,
were reports of still larger receipss next
week. and when the holders of long corn
offered 1t the shorts first turned Ill ana
helped decline the market, and later they
bought all the longs cared to sell. August
started at A l4c, sold down to 46S4c then
back TO 47c and down again to 1880, closing
at 465sc, or lee under last night. Cash corn
was strong and at premium over August
fairly liberal early, with considerable done
in the way of covering July shorts,
aud fair sales of August and Septem-
Der were made. though longer deliveries were
of quiet order all round. Considerable
strength in near futures was shown from the
start, and July delivery ranged fully 1c
higher, while August improved Ac. with
afterward a reaction and quiet closing
Deferred deliveries did not participate Ill the
fluctuations. The provision market was the
reverse of yesterday, being dull and weaker.
Prices for hogs declined 5Cll0c and shorts,
who have been the chief buyers or product
of late, held off. A good many have covered,
and those " rl nnnblp showed
easinesS about their outstanding contracts.
Offerings were trife larger, but not enough
to cause decided weakness. but closing sales
recorded net decline of Sc on pork and
lard and 512c OH short ribs.
THE QUOTATIONS..
The leading futures ranged-as follows:
Wheat-No. 2, July, opened at S34c, closed
at s3l2c; August, S014c, closed at S01sc; Sep
sJAc, closed at S01sc. Corn-No. 2, July,
opened at 471sc, closed at 47Isc; August,
47Ac, closed at 467sc; September, 47c,
closed at 1850; October 46Ac, closed at
closed at 315se; August, 25l2c, closed at 25s4c;
September, 24s4c, closed at 24ssc; october,
2475c, closed at 24s4c. Mess Pork, Per Bbl-
Augustopeneda at Sl3.60, closed at $13.621s;
September, $3.50, closed at $3.50; DC
tober. opened at $3.50, closed at S13, 62l2;
January, opened at S12.30, closed at
Sl2.95. Lard, Per 100 Lbs-August opened
at SS.45, closed at SS.42l2; September,
SS.0u, closed at SS.4i2; october, SS.42l2,
closed at SS.47l2. Short Ribs, Per 100 Lbs
August opened at S7.s5, closed at $7.s7l2;
September, $7.95l2, closed at 81. 50; october,
$3.50 closed al S7.95: January, closed $3.50.
Cash quotations were as follows: Flour
Neglected; prices steady. Wheat-No. 2
spring. e3@s3l2c; No. $, spring, nominal;
No. red, S3c. Corn-No. z, 47c. Oats
No. 2, 31A@3112c. Rye-No. 2, 5O@52c.
Barley-No. 2, 62@63c. Flax Seed-No.
l. $l.14 bid. Timothy Seed, prime, $40.
Mess Pork-Per Dbl. S136O@13. 62l2 Lard
Per 100 lbs S. A.. Short Ribs-Sides
Qoosel, S7.S5; dry sailed shoulders 0boxedl,
$6;9oQ1; short clear sides, (boxedl, $500
gal, S1.20. Sugars cut loaf, sasc; granu-
lated, Sc; standard "a" 7q2c. Receipts
Flour. II 900 bbls: wheat. 81, 900 bu; corn
126,0 900 blu; oats 10000 blu; rye, 1000 bu;
barley, 5000 bu. Shipments-Flour, H.
900 bbls; wheat, $4,000 bu: corn, 303,0 900
bu; oats, 100000 bu barley, 200 blu. On
the produce exchange to-day the butter
market was quiet; creamery, 15@1gc: dairy,
13@l7c. Eggstirm; fresh, guaranteed, 14l2
mlDC