St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-10
HUTCHINSON is A BULL.
The Big Chicago Operator Buys All
the Wheat That Is
Offered.
Purely a Local Market. With Prices
Ruling Easy at the
Close.
Financial Operations in the Honey
Centers--The General Quota
tons.

Chicago. Aug. 9.-The wheat market was
narrow again to-day, but the trade does noe
lose interest and sharp acton is likely W
follow any influential news either way II
was purely local market, with the forces
and the news pretty well divided AT the
opening the bulls had better cables, ana lne
bears had heavier receipts than estimated.
Hutchinson was q buyer and Mitchell
seller Later, Poole was good seller anu
George Smith was seller. The crowd was
inclined to the selling side in anticipation OF
enormous receipts when the weather bright
ems This turned the course OF prices DOWN
q trifle. The most loss was in August from
765sc early to 761sc at l o'clock. September
sold 76ss0 76Iz, and off to 76, returning az
once 10 76Isc. December, 7S1Se to 7oAc, 10
to 7SIsc, to 1880, to 777sc, to Use at CLOCK
The wet cold weather in England caused the
better catles, just as the fine weather
caused the lower figures yesterday. Adj
vices gave one-third the European crop
secured, QUALITY fine and supplies making
foreigners Indifferent TO American wheat.
Receipts here were 24S cars or 80 cars over
the estimate. Estimate for Saturday, 233
cars. Receipts at Chicago, st. Louis ana To-
ledo aggregated 400, 600 bu. Atlantic ports
aggregated $4,000 bu wheat ana l7,Ooo
pkgs OF -four The inspection here was
l74O00 bu. There was nothing to disturb
wheat ut the close. Corn and oats were weak
and lower Receipts were large, ana the
disposition seemed 10 be TO sell. Receipts
were Clio cars corn and 32S cars oats. Pro-
visions opened weak, became weaker ana,
after selling from 5 to 10 cents under last
night before the morning cal, reacted later
in the day, and prices moved up TO points
2I2c to sc better than the close last night all
around. The early weakness was on the
large receipts of hogs here and at other
packing points and free offerings of product.
Just when it looked as if the market was
ready for a slump the sentiment changed
and prices moved up slowly, The up-turn
was said to be due to a few outside buying
orders sent in on the break. Closing prices
were about the best for the day.
THE QUOTATIONS.
The leading futures ranged as follows:
Nheat-No. 2 September opened at I6Ssc.
closing at 761sc; December, 7S14c, closing
at 7Sc; year, 76lSc, closing at z5Sc. Corn
NO 2 September opened at 35s4c, closing
at 35s4c; October. 3578c, closing at 33Isc;
December, 35l2c closing at 35ssc. Oats
No 2 September opened at 2o4Sc. closing
at 2Ossc; october, 20S4c, closing at 2Ossc;
May, 24ssc closing at 244c. Mess Pork tper
6bseptember opened cat at 3 slo eSos f1osin a
at SlO.OO3 OClObtls T1O.cc. SAN.AA5 -
S1o.47l2; January, S9.97l2, closing at
3d. S712 Lard. (per 100 lbs)-September
opened at $50, closing at S6.45; October
sc. 37l2, closing at S6.45: January, 5000,
closing at S6O112. Short Ribs (per 100 lbs
September opened at S5.42l2, closing at
S5.47Y2; october, $542l2, closing at 50 As;
January, S49!la. closing at S4.97l2,
Cash quotations were as follows: Flour
quiet and steady. Wheat-No. 2 spring, 76A
G77c; No. spring wheat, 72@74c; No.
red, 76l2c. Corn-No. ., 35S4c. Oats-No 2,
2OIa@2OI2c. Rye-No. 9, 42l2(l43c. Barley
No. ,. 63@64c Flaxseed-No.1,Sl.25 Prime
timothy seed, 81 .43. ssPork-Per Dbl $1,000
alO65 Lard-Per 100 lbs, $4,000. 42l2.
Short ribs sides (loose), So. 45G5.50 dry
sailed shoulders (boxed), 81 S7l2@5; short
clear sides (boxed), $j.97I2.@6 Whisky
Distillers finished goods. per gal, Sl.O2.
Sugars-Cut loaf, 9A@9l2; granulated
BSc; Standard A, sac. Receipts-Flour,
10000 bbls; wheat, $4,000 bu; corn,
361, 900 bu; oats, 1886, 900 bu; rye, IL, 900 bu;
barley, none. Shpments-Flour, 1000
bbls; wheat, 10000 bu; corn, 2SS, 900 bu;
oats, 1896 bu; rye, 1000 bu; barley,
1000 blu. On the produce exchange to-day
the butter market was fairly active; fancy
creamery, 16@l6l2c; fine, -13@14c; finest
diaries, 11Qll2c; fair to good, 901Oc.