St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-15
WHEAT TAKES A Squirt.
Light Receipts and Heavy Shipments
Cause an Advance ALI Along the
Line.
Hutchinson, as Usual, Unloads at the
Top Price Of the
Day.
Financial Operations Of the Money
Kings---The General Quota
tons.

CHICAGO. Aug. 14.-The wheat market was
broad and strong the greater part OF the SEES
sion. There was jump of Ice in all futures
at the opening, because of the light receipts,
higher cables and untavOrable weather. ms
was followed by further slight advance III
December and quick jump in August from
nc to 7S4c The action of the marke; was
somewhat irregular as follows: August, TIC
TO 7S14c. to 777Sc, to 78l4c, to 11l2c, to 7Sc
at l o'clock; September 76$sc. to nc, to
7634c to 77ISc, TO nc, TO 774c; December
7s4c to 771sc, to 7734c, to 77l2c, to 71S4c,
to 7SAc, to 7Sl2c at l o'clock. The receipts
here were 40 cars all told, including 100
cars of winter. of which only 81 cars graded
No q Liverpool sent very firm cable, CIV
ing spot wheat penny dearer and weather
in England wet. There were many other
things to cause buying. St. Louis received
$1,000 bu, and Toledo "a, COO. The out IN
spection here was 10000 bu. Export clear
ances, lis, 900 bu of wheat. $4,000 bbls OF
flour from Atlantic ports There were heavy
shipments of wheat from Buffalo headed for
New Yo1k. William Dunn & Co. sold $780,
600 bu of wheat at st. Louis for South
America, to go by New Orleans; Robert War
rem, it was said, marked 10000 bu at Duluth
for Scotland. outside markets were adj
NalCeu Win OD4CaSO- uueIlA lilS All ClSC
here was the cash demand, which kept the
cash price at a slight premium over August.
O'Clock No cash in store was zoe bid.
There was considerable covering by shorts
early. headed by Mitchell Hutchinson was
a seller at the start, and especially at the top
prices He realized on large line during
the day. The market was steady at 76l2c
for December near the close. Liverpool
closed firm and l2@1d higher, Esti-
mate for Thursday receipts, only 160 cars
The floods yesterday in Nebraska and Kan
sas the light receipts, and the bad weather,
made the corn market very strong at the
start. Houghton, heavy scalper. and the
receivers sold on the early high prices.
Hutchinson was a buyer on the reaction
which followed. September opened at 3oS4c,
sold to 357sc, and afterwards became very
easy around 355sc. The trade was not OF
very large proportions Receipts were 526
cars and 22,60O bu by canal. Oats were
stronger and higher, in sympathy with corn
and wheat. Receipts were 226 cars. Inc
provision market was weak, unsettled, and
easily raided to-day, and prices went to the
lowest points of the season. Hogs. received
were $500, or even more than estimated.
In the West the receipts were 80, 000 against
10000 a year ago. There was plenty of
gossip about lard, but the, weakness of the
day was in ribs and mess pork. Pork de-
clined l5@20c; ribs, 7l2@1oc and-la 2l2
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. September opened at 16Ssc,
closing at NC; December, 7SAc.- closing at
7SI2c; year, 7o14c. closing at 7678c;- May,
S2asc, closing at S2a4c. Corn-No. 2 Septeln-'
Der opened at 35S4c, closing ut 35s4c; Octo-
ber $3.50, closing at 35a4c; December,
312hc closing at 311lc. OatS-LO Septeln-
Der opened at 2O3sc, closing at 205sc; Octo-
Der, Die. closing at 2lc; December, 2ll4c,
closing at 2l7sc. Mess Pork (per bbll-Sep
TENDER opened at Si0l 10, closing at SO. 7212;
$500, closing at So PIP. Lard (per 100 lbs
September opened at S6.32l2, closing at
s6.27I2; october, S6.27l2, closing at
SEQ; January, .$592l2, closing at
So.92F2. Short ribs pearo 100 lbsl
S5.17l2; January, S4.95, closing at S4.82l2.
Cash quotations were as follows: Flour duh
and unchanged Wheat-No. 2 spring
7S@7sAc; No, 3 spring wheat, 75@75l2c;
No. 2 red, 78l2e. C0rn-No; 2 3de. Oats
No. 2 nominal. FlaXseed-No. l, Sl.2142.
Prime timothy seed. 81 4260l. 43. Mess Pork
Per Dbl $40. Lard-Per 100 lbs, S6.2Tl2@
$50. Short ribs sides Qossel, So. l5@3. 20.
Short clear sides (boXed), S5.67I2@5.75.
Whisky-Distillers' finished goods, per gal,
81 o. Sugar-Cut loaf, 9A619l2c; granu-
lated, S7Sc; standard "A sac. Receipts
Flour, Il, 900 bbls wheat, $4,000 bu;
corn, $4,000 bu; oats, 287,0 bu; rye,
II 900 bu; barley. 1000 Shipments-Flour
1900 bbls; wheat 137, 600 bu: corn, 1885,
600 bu; oats, 1877, 600 bu; rye, 1000 bu;
barley, 1000 bu On the produce exchange
to-day the butter market was active; fancy
creamery, 170lSc; fine, 14l2@l6c; finest
dairy, 1&Gl14c; fair to good, 90l0c. Eggs,
good demand at 14Gl14l2c.