St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-07-24
BEARS HURT BY 4 BULGE.
Britishers in Complete Control o
the Chicago Wheat Mar
ket.
Great Activity and Strength at the
Close on Foreign Ca
bles.
Financial Operations Of the Money
Manipula!ors---The General
Quotations.

The wheat market to-day was continual
tion of the bulge which started i'll about the
middle of the session YESTERDAY. Inc
strength was principally on foreign advlces
Al the outset this morning Liverpool cables
were firm. with prices advancing for spot and
futures Representatives OF foreign houses
were the heaviest and most persistent puy-
ers. The British we're temporarily IN contfol
of the market and the local bears were made
to run to cover yesterday, ana the local
longs realized this morning. causing Dut a
slight decline from opening figures TOOK
their Profits and then took the buying size
again. Singularly enough, ST. Louis, swim llght
receipts sold here. As stated, the local crowd
realized and went long again. Ii was CLAIMED
that foreign orders are here for cargoes OF
new wheat, which cannot be filed Later
in the day a cargo of cash wheat was worked
here for direct export, and st. Louis reported
$4,000 bushels taken there Mt 73l20IGssc
for direct shipment About the same time
st. Louis turned buyer in this market The
action here was as follows: July, 60Ac, to
7912c, to slice, to Sic, to 92c, to size, to
see; August, 7S84c. to TSlsc, to 7SS4c, to
1850. TO 7S34c; September, 7Sl2c, to 7Slsc,
TO 7s34c; December, i2c, to soc, TO SOS4c,
TO SOSSc. to SO7sc, to SG3sc, to Sic before pm.
There was no special significance in the
movement of wheat here or elsewhere. st.
Louis received 103. 600 bu, or little over
half what was estimated. Receipts mere
were 23S cars, including 22S cars OF new
wheat, of which 140 cars graded NO z
Export clearal c,s were but 10000 bu at
New York Closing cables gave spot wheat
Id higher at Liverpool with the weather IN
England more settled. The last half hour
brought great activity and strength i'll wheat
December sold to S11s. or 1c over last
night with 12e concession just be-
fore the close on realizing sales. Corn was
strong and closed 1s@5sc higher; receipts
$50 cars. Oats firmer and shade higher;
receipts. III cars Withdrawals from store
were IA, 2l4 blu wheat, 100, ZIG bu corn and
81, 944 bu oats. There was little life and
less strength i'll the provision market to-
day. First prices were steady at the close,
except September pork, which was 2l2c
on the light receipts, and sc advance on
prices at the yards. After first prices there
was slow decline during most of the SEES
sou.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2 July, opened at oU42c, closing
at Sll2c; August, 7S34c, closing at 79c;
September, 7S1ac. closing at 1880; Decem-
Der. SOl2c, closing at 901sc. Corn-No. 2,
August, opened at 36Ac, closing at 3G42c
September, 36Ac, closing at 36lac; october,
36l2c, closing at 36$4c. Oats-No. 2, August,
closing at 22c; September, opened at 221sc,
closing at 22lBc; October 221sc, closing at
opened atslIlo, closing at l2!s: Sep
tember $li 32R, closing at S11.17I2; DC
tober; $1,000, closing at $lo.65:. Lard per
100 lbs)-August opened at S6.2o, closing
at S622l2; September, S6.3?12, closing at
B6.32I2; October $6.35, closing at S6.32l2.
Short Ribs (per 100 lbs).August
opened at $3.50, closing at $5.57l2;
September S5.T2I2, closing at $3.50;
October, $5.6:12. closing at $3.50.
Cash quotations were as follows: Flour
Firm, unchanged. Wheat-No spring, STA
RS2c; No. 3 spring, zoe; No. red. slss
0S2c. Corn--No. 2, 3675c. Oats-No. 2,
22Ac Rye-No. 2, 4204.12c. Barley-No.
2 nominal Flax Seed-No. l, Sl.33. Prime
timothy seed, S1.5O. Mess pork, per Dbl,
B1I.2O. Lard, per 100 lbs, S6;=-5. Short
ribs sides, loose, $4,000. %; dry salted
shoulders, boxed, SIS. l2l2Q2 .25; short clear
sides, boxed, $.5S7k@6. Whisky, distillers'
finished goods, per gal, S1.O2. Receipts
Flour 10000 bblS; wheat, 1000 bu; corn,
279, 900 bu; oats, lab, 900 bu; rye, 5000
bu; barley, 1000 bu. Shipments Flour,
1900 bu; wheat 81 900 bu; corn, 122, 900
bu; oats, Jag, 900 bu; rye 5000 bu; barley,
none. On the produce exchange today the
butter market was fairly active; fancy
creamery. 15l3@16c; fine, 14Ql 412c; finest
diaries, 11la@12c; fine, 1O@I1l2c. Eggs
nlliat at I'm