St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-10-09
TRADING VERY CAUTIOUSLY
Operators Afraid to Take to the Buying
Side Under Existing Cir
Gumstaucss.
Wheat, Germ and Provisions Close Dull
aud Shade OF i'll
Price.
Financial Operations Of the Money
Kings---Fhe General Quo
atoms.

Cu1cAGo. Oct. S.-The wheat market was
quiet: in fact dull feeling prevailed
throughout most of the session. Operators
still feel disposed 10 trade cautiously. Trad
ers generally have an aversion 10 selling that
is any large lines. and at the same time iheTe
are no lines of long wheat on sale. ON
the other hand, operators do not feel IN
clined to take 10 the buying side heavily
under the existing circumstances. Inc
liberal receipts III the Northwest acted as the
principal bear feature, though the increase
of 2IS. 600 Blu in lhe quantity OF wheat on
passage, as reported by BeeThuhm where Il
decrease had been expected, also had Il tend
ency TO create an easier feeling. The mar
ket here held steadily most OF me
day. with fluctuations confined Wllhn
I3c range. closing SSe lower Tor December
and Ssc lower for May than yesterday. very
little interest WAS manifested in corn. Whlch
ruled quiet and inactive the greater parl OF
the session. Fluctuations were marrow al q
trading of a light local character. The mar
ket was devoid of any new features; opened
at about yesterdays final quotations so-d on
lie, closing IsG4c below yesterday. Cash
property was III very good demand. OATS
The market was pervaded by Il dull weak
tone in all It's branches early, and there was
continuation of yesterdays depression was
all the more remarkable in view OF the
fact that receipts were 100 cars less
than estimated. Trading was chiefly
in Nav. and fluctuations we're within
an extreme range Of lea sac. just before the
close there was acme selling for country ac-
count. These offers. together with consld-
cradle throwing of OF long property by local
operators. broke May TO 22c. The slump
was attended with considerable excitement.
In provision circles the October pork deal
again claimed considerable attention. A
motion for revival of the injunction dis
missed by Judge Shepard has been made IN
the appellate court Pending its considera-
ton and final settlement the clique has de-
cided to adhere to its old theory of refusing
neW-packed pork III settlements of contract
Yesterday afternoon and this morning lis
representatives refused several thousand
barrels. which were sold for the account OF
whom il may concern at prices ranging
from SI0.4 nearly down TO SlO.l0. inns
pork was bought up mainly by shofts.
Hutchinson, however, accepted Few lois ol
the "boycotted" article under protest, claim
ing that right while the question OF the
legality of the delivery was receiving judicial
consideration A good many shorts now be-
lieve that the clique is working TO save time,
and by keeping the matter in court TO eurtall
the making of pork. Reconstruction Is
charged TO be its ruling purpose, and tnat
when the month is far advanced and packers
find themselves unable to make the property
TO meet their contracts they Will be open 10 a
compromise To-day October sold straight
at 50. 93MIO. 80 1t opened at $1,000 and
closed at $40. O5, or 45c under yesterday. In
the general trade strong feeling prevailed.
October lard and short ribs and November
lard declined 2I2c, and the January futures
DC all around.
The leading futures ranged as follows:
Wneat-No. = October, closed at SOl2c; De
cember opcned at S3lsc. closing at S2l5c;
year SU34e closing at SJl2c : May, S35sc,
closing al S5ssc. Corn No. October,
opened at 3Os4c. closing BOISE: December,
Sic closing al 3o3ic; January, 3O1sc, clos
ing at 30s4c: May. 33hc, closing at S3c-
Oats-No. . October, opened at l9c, clos
ing at 1880: November. 1879, closing al
l9Isc: December. 1880. closing at 19l4e;
May. 22He, closing at pc Mess Pork tbeI
bblb-October. opened at SlO-JO- closing al
$40; November. 500, closing at S9;32l2
year. 50. closing at 500; January, S9.3o,
closing at S9.27i2. Lard lper lOC lDsl-
October, opened at S622l2. closing at ST. 20:
November S6.02I2 closing at So; year, clos
ing at s.. 92l2: January, S2.9.' closing al
1922. Short Ribs OpeT 100 lbst-October,
opened at $40. closing at 20 %
November S1,77I2. closing at $50
January. Sl.-5, closing at 81 .72l2.
Cash quotations were as follows: Flour
qviet: unchanged. Wheat-No. spring,
S0l2e: No. 8 spring. nominal; No. red,
S0I2cc. Corn-No. =. 305sc. Oats-No. .,
ISS4c Ryc-No. =. 4ll2c Barley-No. .,
65e. Flaxseed-No, l. $3.50. Prime tim
othy seed. S1.20. Mess pork. per Dbl, SO.
Lard, per 100 lbs, s6.27l2@6.$o, snort
riDS sides QooSel, S5-15. Dry sailed shout
ders boxed. 4lg@4Ac. Short clear sides
boxed, 5as@5l2c- Whisky. distillers'
finished goods, per gal, Sl.o2- Sugars
Cut. loaf. SI2c; granulated, 7$4c: standard
"A, 75sc Receipts-Wheat $4,000 bu;
corn. 81. 600 bu: oats. 4C5.00U bu: rye,
5000 bu; barley, 1850 0 bu. Shipments
Wheat. 10000 bu; corn, 246,O0O bu; oats,
lSe, 600 bu: rye 5000 bu; barley, $4,000
bu. On the produce exchange to-day the
butter market was easier: creamery. l6G
23l2c: dairy, 10000. Eggs firm; fresh,