St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-21
INTERESTING But DULL.
The Wheat Situation Continues Without
a Single Sensational
Feature.
Prices FIuciuate Within a Narrow
Range, Scalpers Causing a
Slight Slump.
Financial Operations of the Money
Kings---The General Quota
tons.

CHICAGO, Aug 20-The wheat situation
continues interesting, although the market is
comparatively dull and narrow. There was
but 1ac range in prices to-day up to l o'clock.
The bulk of the news was on the bull side.
and the greater part of the trade on the bear
side. With no outside business the local
easily regulates prices for the time. The
market started with q little bulge on Liver
pool cables i2c higher, wind and rain storms
in the Northwest, a decrease OF SO0,OUO Du
on ocean passage and other minor lntiu
ences September wheat went 10 71l2c andDe-
cember to 7SAc. On this bulge there was
an army of sellers. headed by Smith, Logan,
Kammerer. Mcdonald. Cudahy, Lindblom,
Baxter, Baldwin and Farnum. The wheat
offered was easily taken without any
conspicuous buyers beyond Poole, Clifford
and the scalping fraternity. There was de-
cline to 76S4c for September and 17s4c for
December. There was no very strong rally
from the bottom figures Closing Liverpool
cables were easier. The fact that Atlantic
ports cleared of wheat and flour equal to
$3.50 Blu of wheat and New Orleans
cleared 17I0O0 TO Liverpool and Bordeaux
seemed to be of no significance compared
with heavy rain in q section where eleva-
tors have good roofs and unthreshea wheat
is well stacked. Baltimore alone cleared
lO2, 900 Blu wheat and $1,000 bbls of flour.
Receipts of wheat at Chicago Toledo and st.
Louis 265, 900 blu. against shipments OF 34l,-
600 bu. Local receipts, two days inspection,
were 279 cars winter, % spring, 1913 corn,
and 39S cars oats by rail, and $500 blu
corn by canal Withdrawals from store
were 119,303 bu winter wheat, 1906
bu spring, 1863, 659 bu corn and 156,956 bu
oats. Wheat closed quiet at about bottom
figures for the day. Corn was quiet and
steady. The weather map recorded some
very low temperatures at far Western points,
and this deferred many from selling. Sep
TENDER corn was at 3514c during the greater
part of the morning. Corn was at 35Ac dur
ing the greater part of the morning. Oats
were quiet and without important change III
prices. The provision market was more act
I've in many ways to- day, and there was an
apparent effort to rally pork. 1t was partly
successful. Short ribs were the weakest
product on the floor and closed about sc
lower Lard was quiet but firmer, closing 2l2c
higher. The principal activity was in mess
pork over 1000 bbls sold on the call. The
trade in the pit was active until noon, when
it became very dull. There were but 5000
hogs at the stock yards, and heavy lots sold
&c higher Receipts in the West were but
1000 hogs over last year.
The leading futures ranged as follows:
Wheat-No. 9 September opened at 16Ac,
closing at 76S4c; December, 1Slsc, closing at
774c; year. 1850 closing at I6l2c. corn
No. Septembe, opened at 35Ac, closing at
S5hc; October. IS lac, closing at 35lsc; De
cember, 345sc, closing at 3484. Oats-No.
September opened at 20Ac, closing at 2OAc;
October, 203Bc, closing at 20Ssc; December,
2O7bc, closing at 207sc. Mess Pork (per
bbD-September opened at $3.50, closing
et S9.52l3; october, 1885, closing at $500;
January, $3.50, closing at 80 Lard (per
100 lbs)-september opened l. at sc. l2L2,
at S6.05; January, S5.S712, closing at $3.50.
Short Ribs per 100 lbs)-September opened
at S., closing at "a 90: October,
pary, SAITH, closing at $4;77H2.
Cash quotations were as follows: Flour
unchanged, Wheat-No. 2 spring wheat,
77c; No. 8 spring wheat, 6s@Ilc; No. =
red, NC. Corn-No. 2, 3SIs03S14c. Oats
No. 2. 29lsc., Rye..No 2, 43c Barley
sl.23; prime timothy seed $l44@l ;45:
lard, per 100 lbs ST. 12l2@6. 10; short ribs
hides Qoose), S5DJ. 05; dry-salted shoulders
(boxed), S4.62l2@4.75; short clear sides
(boxed). So. 25@5 .37l2. Whisky-Distillers
finished goods, per gal, S1.02. Sugars-Cut
loaf, 9@Q9I2c; graduated, Sl2c; standard a,
SI2c Receipts-Flour, 1900 bbls; wheat,
$4,000 bu; corn, $4,000 bu: oats, 334, 600
bu;-rye, 5000 bu; barley, 2,000bu. Ship
ments-Flour, 5000 bbls; wheat. 1S4, 900 bu;
corn, 27S,000 bu; oats, 1S9,0 bu; rye,
5000 bu; barley, 1000 bu. On the produce
exchange to-day the butter market was I'M
Changed. Eggs In good demand at l4H2@ l5c.