St. Paul daily globe., 1889-06-25
SOME VERY SLIGHT BULGES
Outside Influences Have Comparatively
Little or No Effect on the Wheat
Market.
The Close Was Steady and at About
the Best Prices Of the
Day.
Financial Operations Of the Eastern
Money Kinas---The General
Quotations.

CHICAGO. June 23.-Outside influences III
wheat to day were not OF character 10
materially change prices. The weather III
the Southwest was reported very nne for
harvesting This was offset by cables when
were quite firm. There was not great deal
Of gossip either. The market opened with
July and December a shade lower. and the
first trade indicated weakness, July going OFT
Ac, 10 77lsc, and December about the same,
77H677Ac. There was rally before the
end of the hour. July going up to 777Sc and
December, a strictly old crop future, moving
up to 77ss@77s4c. There was slight yield
ing from these prices, after which second
bulge carried July to 7Sc and December very
close after it 77s4c. The visible supply
figures were credited with part OF the
strength. The decrease was l, ,lS4OOO bu.
Dispatches from the Northwest to Logan
said the Dakota crop would not exceed last
year-3 bu TO the acre. Dunham Il Co. had
dispatches claiming but half crop for the
territory. Export clearances included put
$4,000 bu from New York, and less than
10000 bu from Philadelphia. Out inspec-
lion here included $1,000 bu, with $1,000
su No. red winter Receipts were but Is
.ars. Wheat closed at about the best prices
IF the day, with July steady at Saturdays
higher Corn continues to show a strong
andertone. The wet weather and the con-
tinued reports of the backward condition of
Lhe crop has induced considerable buying.
Hutchinson and Norton-W Worthington were
heavy buyers of July; Parker was the largest
Ieller. There was quite a business trans
lcton in buying July and sell
Ing September at H4c difference. Re-
eeipts were 800 ears. Cats were
quiet and unchanged. Receipts, 233 cars
The visible supply shows an increase of 6S.-
900 bu of oats, and decrease of 1888, 600
bu of corn. There was q regular summer
trade in provisions to-day. The scalpers
were disappointed early. The run of hogs at
The yards was unusual, 3 l 900. and prices of
hogs were 1O@l5c lower when business be-.
gan in the pit Instead of big break i'll
prices of products and the scramble to sell,
they opened quietly and at about sc under
Saturday, and there was no further decline to
speak of. Last sales show loss on pork
from Saturdays close of 2l2@7lac. Lard
lbout steady. and ribs 2l2c lower. Receipts
Of hogs at six packing points were $4,000,
against 80, 500 last year. The estimate tor
tomorrow here is from 10000 to $4,000
hogs The dullness of the provision trade is
explained by the fact that the crowd is ner-
vous about getting short, and receipts are too
heavy to buy.
GENERAL QUOTATIONS.
The leading features ranged as follows:
Rheat-No. July opened at II ssc, closing
1t 777sc; August, 755sc closing at 753sc;
september, 75l2c, closing at 757sc. Corn
No. July opened at 347sc. closing at 351sc;
August 35Ssc closing at 35l2c; September.
s5a4c. closing at 35a4c. Oats-No. 2 July
opened at 2284c, closing at 227sc; August
.2ssc closing at 225sc; September, 225sc, clos
ng at 225sc. Mess Pork per bbD-July
,pened at Sl1.70, closing at S11.7O: Au-
rust S1175, closing at S1l.77Ia; September
s11.S2l2, closing at S11S5. Lard tper 100
bs)-Juiy opened at $3.50, closing at
1855; August S6.61. closing at S662E;
september, S6.67l2, closing at $3.50. Short
Ribs (per 100 lbs)-July opened at So. 77l2,
closing at So. S2l2; August. S5. S7l2. closing at
$3.50; September, S.. 5.92l2, closing at S5. 97l2:
Cash quotations were as follows: Flour dull
sOlsc; No. Spring, z @71c; No. 2 red,
SOl2c Corn-No. 2. 351sc. Oats-No. 2,
22s4c. Rye-No. 2, 40c. Barley-No. 2,
nominal. Flax Seed-No. 1, $l.5O. Prime
timothy seed. S1.4O. Mess pork per bbl,
S11.7O@11.75. Lard (per 100 lbsl, S6. 62I9.
Short ribs sides Qoose), So. S0@5.S5. Dry
salted shoulders (boxed), S5.1212@5. .25.
Short clear sides (boXed). 6.12l2@6. 25.
Whisky-Distillers' finished goods, per gal
$1.02. Sugars-Cut loaf unchanged. Re-
ceipts-Flour, 10000 bbls; wheat. 1000
bu; rye. 5000 bu:. barley, none; ship
ments-Flour, 5000 bu; wheat II 900 bu;
corn, 329,O 900 bu; oats. S33. QUO bu; rye,
1000 bu; barley. none. On the produuce
exchange to-day the butter market was firm
and unchanged. Eggs firm at l2c.