St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-07-20
SHORTS CAUSE A FURRY.
In Running to Cover They Run Prices
Up to the Best Of the
Day.
Weather Conditions Very Bullish Here
and Bearish in Eng
land.
Financial Operations of the Money Ma
nipulators---The General
Quotations.

CHICAGO, July 19.-The principal trading
In wheat for the day was done during the
first hour In that time the highest and low
est prices of the day were toucneu, the
meager news was rehashed, and later the pit
became dull with prices close around last
nights figures 1t was very largely weather
market on this side and in the United King
dom. The weather conditions were On the
whole bullish here and bearish in England.
First cables from Liverpool were lower, but
they were considered q reflex of the break
in prices here yesterday. and lost force.
Local storms, without good reason. caused
higher prices here early. Later IN the
day the estimate of $50 cars 1or
Saturday and Liverpool closing cables 1U
Ad lower, coming together, caused a decloed
decline New York sent selling orders early,
and Hutchinson was good buyer, OF De
cember. George Smith sold heavily with
Mitchell and futile also on that side, and
these transactions helped the break Export
clearanceS, Atlantic ports, $4,000 blu wheat
and sc, 900 packages of -four. Prices ruled
as follows: July Sic TO S0l2c, to Sic; Aug
ust, 777sc to 79Isc, TO 77l2c to 77S4c; Sep
TENDER, 77s4c to 777S@7Sc, to T7ssc, to
77ssc; December, 79l2c to T9S4c. to 1880, to
1850, TO 79Ac. to 7912c at l O'Clock. Re-
ceipts to-day were 100 cars, mostly new
wheat and grading well. There was little
furry in wheat just at the close. The trade
was very largely short, and in attempting to
cover run prices up to about the top Tor the
day. Corn and oats were dull and without
important changes. Receipts were 49S cars
corn and 17S cars of oats. Withdrawals from
store were 1851 bu winter wheat. $4,000 blu
spring, 322, 500 blu corn, and 10000 blu
oats Provisions were firm and higher early,
with weakness later, and a partial rally be-
fore the close, leaving prices 2l207l2c under
last night at the close. There were but 5000
hogs at the yards and prices 5@15c higher.
This started products few cents higher.
Armour & Co. were buyers of ribs IN way
that gave strength to the market. Mitchell u
Wolff were buyers early, with Baldwin a
seller. September prices were: Short ribs,
Sc. 65 to $5.67l2, to $50. Lard, S6.3742 to
$780, Mess pork, Sl1.27l2 to Sll.30, to
SLOPE to S1l15 at the close.
THE QUOTATIONS.
The leading futures ranged as follows:
Nheat-No. 2, July, opened at sic, closing
at 9O84c; August, 77s4c, closing at 77lSc;
September, 77a4c. closing at 71isc; Decem-
Der, 79l2c, closing at 1880; Corn-No: 2,
September, $3.50, closing at 357sc; October
36isc closing at 36lsc. Oats-No. 2, August
opened at PC, closing at 2l7se; September,
pc, closing at &c; May, 25ssc, closing
at. 25Hsc: Mess Pork tper bbl)-August
opened at Sill 90, closing at Sll.07l2; Sep
tember, Sll.27l2. closing at Sll.l5; Octo-
Der, $1,000, closing at $1,000. Lard (per
100 lbs)-August opened at s6,35, closing at
30. 20; September, S6.3 7I2 closing at $3.50;
october, 635, closing at $3.50. Short Ribs
(per 100 lbs)-August opened at IS. 80,
closing at S552l2 September, $3.50, closing
at $500; October S5.52l2, closing at 50. SO.
Cash quotations were as follows: Flour
nominally unchanged; new winter sold at
54c. Wheat No. spring S0a4@91c; No.
spring. T1@SOc: No 2 red, S084c. Corn
No. 2, 3558@3554c. Oats-No. 2, 2EAc. Rye
No 2, 4112c. Barley. none. Flax Seed
No. l, S1.3l. Prime timothy seed. Sl.43@
B1.45. Mess pork, per Dbl, $1l. 1o@ll.l5.
Lard, per 100 lbs, S6.22. Short ribs sides,
loose, S5.5OQ5. 55. Dry sailed shoulders,
boxed, $4.s7l2@5. Short clear sides,
boxed, So. 9712@6. Whisky, distillers' fin
changed. Receipts-Flour. 5000 bbls;
wheat, 900 bu; corn, 300, 900 bu; oats,
141 900 Du; rye, 5000 bu. Shipments
Flour 7,0O0 blu; wheat 5000 bu; corn,
2s4, 600 bu; oats, l. 900 bu; rye, 5000 blu.
On the produce exchange to-day the butter
market was quiet and unchanged. Eggs
quiet at ll@12c.