St. Paul daily globe., 1889-08-23
STATISTICS AND SCALP LPERS
Arrayed On Opposite Sides They Keep
Wheat Within a Marrow
Range.
4 Quiet Strength at the Close, Prices
Being the Best Of the
Day.
Financial Operations Of the Money
Nanipulators---The General
Quotations.

CHICAGO. Aug. 22.-Statistics on one side
and scalpers ON the other again held prices
for wheat futures within very narrow limits.
The range in December up to O'Clock was
but 14c, between 777s and 79l5c. The mar
ket opened with the entire scalping frater-
nifty against December and the price shade
lower at 79dg7SI5c, and with some very good
investment puying III September, and the
price steady at 77Ae, followed by slight
advance to 77Ssc, while December showed
no gain except to 19lsc, and later went to
777sc, and again later in the session returned
to 7SIsc. To begin with, British cables were
frmer, and American wheat was quoted as
tending up at Liverpool. This was offset by
receipts of 2IS cars here against the estimate
of 80 cars. The fine weather OH this SIDE
was favorable to the bears. AS on
previous days Hutchinson was seller
of December at ISc or better Later III
the day Boole and William Dunn were cred
tied with buying September quite literally
and few commission houses claimed to
have buying orders. The wheat movement
was bull argument. Minneapolis received
but 1O5 cars and dispatches say that farmers
of the Northwest are storing their deliveries.
If this can be done where crops are poorest,
it can and will be done in other sections and
all points shipments exceed receipts. New
York and other Atlantic ports cleared wheat
and -four equal to 162. 900 bu. New Orleans
sent 10000 bu to Liverpool. Outside mar
kets were as narrow as this. There was
Quiet strength in wheat right to the close,
with December held at the best price touched.
There was a market in corn today. There
was more business and more change in prices
than for week past. Too fine weather. too
heavy receipts, too bright prospects for the
future, too much increase in the local stock,
and too many small holders OF corn. All this
led to some very general realization and
liquidation in near futures and some short
selling in the deferred futures Receipts
were 706 cars. The estimate for tomorrow
is 75S cars. Grading gave 636 cars of No.
corn. There were selling orders
from the country, where the dam
ger of frost damage every day grows less.
Last sales were Ss@1l2c lower than yesterday.
Oats, receipts 344 cars; withdrawn from
store, 96, ,627 bu. Market dull and lee lower.
There was an unsettled marke; in provisions.
Mess pork proved quite firm and reached
higher prices, while lard and ribs weakened
decidedly before the close. Receipts of hogs
at the stock yards were first estimated at l2,-
900, and later at 1850, and prices of heavy
West were about the same as year ago.
Packing in the West for the week was u.s.
900 hogs, against 90, 900 last year. The low
est prices for mess pork and the best prices
for other products were at the opening
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. 2 August opened at 7734c, clos
ing at 7Sc; September, I7Ac, closing at
7z1sc; May, S2Ac, closing at S2lsc; Decem-
hnr 90 pln of r IN -
August opened at 34s4c, closing at 3412c;
September, 35c closing at 34l2c: December,
34l2c, closing at 34c; May, 364sc, closing
at 36c. Oats-No August closed at 20l5c;
at 20s4c closing at 2o58c; May, 1880,
September orened att$9 60l2, closing at
S972l2; October, 500, closing at $9. 621a;
January, .S9.52l2, closing at $9.35, Lard
closing at $6.O2l2: October, S6.02l2, clos
ing at S5.97I2: January, S5.S5, closing at
gust closing o9ts at S491H2' siosin sePtember G a7I
Spsoea oeoser at s C2 oSsng SlEsnS at at s. $' 5aa
Cash Cash quotations tGi were as follows: Flour dull
unchanged. Wheat-No. 2 spring, 77l2@
77a4c; No. spring, nominal; No. 2 red,
2. 2ulsc. Rye-No. 2, 43c. Barley-No
2, 64I2c. Seeds-No. flax seed, Sl.23l2;
Provisions-Mess pork, per Dbl, S9.65@9.70;
lard, per 100 lbs S6.O2l206 O5; short ribs
sides (loose), S4.95@5; dry-salted shoulders
(boxed), 45s@4. s4c; short clear sides
finished goods, per gal, S1O2. Sugars-Cut
loaf, 9@9Ac; granulated. e12c; standard A,
Sac. Receipts-Flour, $1,000 bbls; wheat,
$4,000 bu; corn, $4,000 bu; oats, 261, 900
bu; rye, 5000 bu; barley, 1000 bu. Ship
ments-Flour, 19, 900 bbls; wheat 212 900 bu;
corn, 495,000 bu; oats, $4,000 bu; rye,
5000 bu; barley, 1000 bu. On the produce
exchange today the butter market was
quiet; choice grades scarce; creamery, 11@
lSc; dairy, 90l5c. Eggs steady; fresh, IA