St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-20
SUMMER TOBOGGANNING.
Wheat Continues to Lose Value on Ac-
count of Good News as to
Crops.
Cid Hutch Offers Big Blocks at 70 Cents
With No Takers on
Hand.
Financial Operations Of the Money
Kings---The General Quota
tons.

CHICAGO, Aug. 19.-ReceiptS of wheat here
were 353 cars, or considerably over the es-
innate; withdrawn from store, 159, SAC bu
Liverpool early cables were much easier,
giving spot and futures tending lower. The
weather everywhere was fine. There were
no clearances of wheat from New York.
The trade was largely bearsh On all these
these things wheat opened lBc lower i'll this
market. The action up to o'clock was the
narrowest for the season, only &c for De-
cember, between 77S4c and 7Sc. The visible
supply figures had little influence. The in
crease for the week was S23,0 900 bu, agains t
935, 900 increase year ago. The stock here
decreased $4,000 bu. There was no i'm
portant news. The receipts at Minneapolis,
instead of being 200 cars new wheat, were
III cars all kinds. Leading winter wheat
points all received more than they shipped,
except Toledo, who received $4,000 and
shipped 10000 bu. The stock at New
York is but $500 bu all kinds of wheat,
much of ii poor. New York, Boston, Balti-
more and Philadelphia combined show pres
ent stocks aggregating but 1,553,00o bu,
against 3,371 900 bu O year ago. The eSti-
mate for Tuesday was but 220 cars of wheat
for Chicago. The grading to-day gave but
81 cars No. 2 red winter. The range Of
prices was: August, 77l2c off to TIC; Sep
TENDER, 7634c to 7o$8c to 76l2c to 1850
76s4c; December, 777sc to Use to 77s4@
wise to 77S4c to Use to 777Sc at 1
o'clock. Hutchinson offered wheat at 7Sc,
but did not press the market. Early there
was selling by Schwartz-Dupee and covering
for Partridge. At the bottom Jones Kennett
were sellers and Weare Commission COM
pany buyers. Wheat remained inact-
I've to the close. Last prices were
%Ql2c lower than Saturday. Corn-Receipts,
1,0S1 cars; withdrawn from store, 465,9I7
bu; increase of the visible supply, 1852, 900
bu. Market dull and lower. owing TO the
large receipts and fine weather. Last sales
were 1a1Ac lower than Saturday. Oats
Receipts, 433 cars; withdrawn from store,
l ,429, 421 blu. Market quiet and and shade
lower. The visible supply increased 994, 600
bu. There was further decline in pro Vi
sions to day. The receipts of hogs were r.
600, and at Western points 1000 more than
year ago. Prices of hogs were steady for
light and useful and sc off for heavy lots.
Packers were slow buyers at the stock yards,
and did little on the floor towards supporting
products. There appeared to be no new
feature, simply no support some shorts sell
ing and others liquidating. Last sales were
IH2c lower LOT pork, 0tQIH2c loWcr IOr ldru,
and 7Iz@10c lower for short ribs.
The leading futures ranged as follows:
Wheat-No Q September opened at 1890,
closing at 7654c; December, 777sc, closing at
Use; year. 76l2c, closing at 765sc. Corn
No. September opened at 35lsc, closing at
35lsc; October Size, closing at 354c; De-
cember 349Sc, closing at 3i3S. Oats-No. 2
September opened at 20Ac, closing at 204c;
October, 20Ssc, closing at 20I2c; December
closed at 207sc Mess Pork per bbl-Sep-
TENDER opened at $9.55, closing at S9.45;
october, $3.50, closing at 1915; January,
$500 closing at S9.45. Lard. per 100 lbs
September opened at S6.1712, closing at
S6.10; October, $6.05, closing at S6.02l2;
January, S5.S712, closing at $3.50. Short
Ribs, per 100 lbs-September opened at
S.. OLE. closing at So; October, So. 10, clos
ing at S5.02l2; January closed at S4.7712.
Cash quotations were as follows: Flour
quiet and unchanged, No 2 spring wheat,
nc; No. 3 spring wheat, 66013c; No. 2 red,
nc; No. corn, 33lac: No. oats. 201Sc;
No 2 rye, 42S4@43e; No. 2 barley, 6G49G5c;
Sl.4e. Mess Pork-Per Dbl, $3.50; Lard
Qoosel S5@5.05. Shoulders-Dry sailed
Clear sidesN1Boxed), S.. 25@5.37ls. Wis.
ky-DistillerS' finished goods, per gal, SI.02
Receipts-FlOur, 10000 bbls; wheat, 49,
600 blu; corn, 345. GOO bu; OATS 249, 900 bu !;
rye, 1000 bu; barley, 2,000bu. Shipments
Flour, 10000 bbls; wheat $4,000 bu; Germ,
616,000 bu; oats, 454, 600 bu; rye. 1000 bu;
barley, 1000 bu. On the produce exchange
to-day the butter market was active and I'M
changed. Eggs active at llloll l5c