St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-04
WAITING AND TALKING.
Saturdays Wheat Market Devoid OF
ANY Features Approaching Sen
sati0nalisnl.
80
The Closing Prices We're by Far the
Best Quoted During the
Day.
Financial Operations Of the Big Money
Manipulators---The General
Outlook.

CHICAGO, Aug. 3.-There was a regular Sat
urday market in wheat. A good deal of wait
ingand talking and not very much brisk,
heavy business Opening prices for August
and December were same as last nights clos
ing. The first action was slight. decline on
the increased receipts. The receipts, 379
cars, were about forty cars over the liberal
estimate made yesterday. The grading gave
1876 cars of new No. winter. There were
no cables to influence either way, so the
market turned down on very fine weather
everywhere, the heavy receipts and selling
led by Jones-Kennett The bull news OF the
day consisted of any amount of talk about
the cash demand, with some crop news
from California and the North west. 1t was
stated that buying prices at country points IN
the Northwest were marked down &c
bushel by millers. Later dispatches said
that London was taking bakers flour freely.
New York cleared but 1900 Blu of wheat,
and at the close reported z boat loads taken
for export Statements about cash bushes
here were conflicting. Prices ranged as fol-
lows: August 1854 to 76l2c, to 1913 to 1858, to
7634c; September, 76I2 to .63s. to 765s, to
76l2c; December, 1854 to ISIS, to 7SS8@7S12,
to 7SAc; May, S25s to S27s, to 92a4c. The
wheat market was strong at the close on the
cash demand, regardless of all else. New
York had buying orders here for
cash wheat after that market closed.
1t was estimated that the buying for export
reached 100000 blu of cash wheat, and that
12034c premium over July was paid for
much of it. Closing prices were the best for
the day. Corn receipts, 703 cars. Market
weak and prices lower. Trading was heavy.
Trade in pork and lard was limited. but in
ribs fairly heavy. Prices ranged lower, and
closed 1O@20c lower for pork, 213c lower for
lard and 7l2@1Oc lower for short ribs.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. 2 September opened at 76l2c,
closing at 1850; December, 1880, closing at
7SSsc; year, G6Ac closing at 1850 Corn
No. September opened at Soc. closing
at 35a4c: October, sec, closing at 5Ac; De
cember closed at 35l2c. Oats-No. 2 Septem-
Der opened at 2llsc, closing at 2OAc; Octo-
Der, 81 4c. closing at 21c; May, 247sc, closing
at 24ssc. Mess Pork per bbD-September
opened at 5000 closing at 5000; October,
closing sn s1o5 Jsnuafy $3.50 bs9
stGSng e opened a at 2 ao0 closing
$500; year, s597l2. closing at S5.95:
Short Ribs (per 100 lbs)-5September opened
s5S5 cle S14sIns at at s7s G 9snas4y
Cash quotations were as follows: Flour
duh and unchanged. Wheat-No 2 spring,
774c; No. 3 spring. none; No. 2 red,
77Ac. Corn-No. 2, 36Ac. Oats-No. 2, 207sc.
Rye-No. 2, 43@43l2c. Barley--No. 2 none.
Seed-Prime, Slab. Mess pork, per Dbl,
S1O.5O@1O55. Lard, per 100 lbs, S6.l5
@6.1712. Short ribs sides Qoose), $3.50
$40. Dry-salted shoulders (boxed), un-
changed. Short clear sides (boxed) I'M
changed. Whisky-Distillers' finished goods,
per gal. S1.02 Sugar-Cut loaf unchanged.
Receipts-Flour. SIS, 900 bbls; wheat 1885, 600
bu; corn 295, 900 bu; oats, 247, 900 bu;
rye, 5000 bu. hipments-Flour, 5000
bbls; wheat, ZOO bu; corn, 222, 600 bu;
produce exchange to-day the butter market
was active and unchanged. Eggs quiet at