St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-07-30
UNSETTLED and NERVOUS.
Neither Bulls Nor Bears Have Snap
Enough to Grab the Wheat
Market.
Prices Within a Narrow Range anu
Trading on the Whole Very
Light.
Operations Of the Big Money Kings
The General Quota
tons.

Chicago. July 29.-The influences III wheat
were very conflicting to-day, and little heau-
way was made by either party. me narhe'
had an unsettled feeling, with the Tade
little nervous, but prices kept within narrow
limits and trading, except at intervals. was
not heavy. The first influence felt at the
opeuing was weak and lower. LlVerpool
Quoted spot and futures weak, tehdllig
downward with spot wheat $40 lower
On this the market opened about l2c lower
all around There was some selling by tne
foreign houses, headed by Robert warren,
who was credited with unloading lOO,ooo
bushels. The receipts of wheat at st. Louls
were 166 600 bushels. Here receipts vert
slightly over the estimate of 30 cars out
nf 2I7 cars of new winter wheat Ill
cars graded No q Exporters were re-
norted sellers at New York. On these
things July dropped to 76l2c, September 10
77c, and December to 7S7sc. linen came
the visible supply figures. These were very
uncertain till near noon, when Inc result was
posted-a decrease of but $4,000 bu. much
smaller than expected. July again SOLD az
791ac, September at 77ssc and December at
79Isc. Then more bearishness. Inc car
lots for Tuesday were given out showing 4'o
cars of wheat for this point. ON TINS, prices
weakened again. July held at T9c' sepVeni-
her went to 7C34c, December to 7sl2c, or
about 1c under Saturdays close. mere was
the usual amount of weather news and crop
reports all without much effect. New 1ork
cleared $4,000 bu of wheat and later re-
norted twelve boat loads taken for export
Stocks for the week decreased 342,ooo pu at
New York, DOC, 1000 al Minneapolis'and 121,-
900 at Buffalo. They increased 206, 600 ouat
n b,1 of ('binnpn and .16 UUU
blu at st. Louis. There was little reaction
from hottom nrices in wheat. There was
local scalping market in corn to-day, with
prices all day within I2c range, and with clos
ing prices trifie better for near futures, ana
steady for others. Receipts, 423 cars, with
267 cars No q Estimate for Tuesday, $40
ears. Visible supply decreased for the week
$4,000 bu, and the stock in Chicago in
creased l l6, 900 blu. Out inspection, 346,0oo
bu; shipments, 100000 blu. Oats were dull.
Receipts. 1874 cars The visible supply
showed decrease of 100000 bu. Provisions
began the week with even less support than
last week. There was weakness III all prod
ucts Ribs were steady early, and mess pork
reacted before noon, but closing prices were
6@ICc lower all around.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. 2 July opened at 79c, closing al
79c; August, 77Ac, closing at TIC; Septem-
Der, 7714c, closing at 1880; December, Ioc,
closing at 1850. Corn-No. August opened
at Soc, closing at 3GIsc; September, 36lSc:
closing at 36c; October, 36Ac, closing at
36IAc. Oats-No 2 August closed at &c;
September opened at 217sc, closing at 2l7sc;
October. 221Bc, closing at 22lsc. Mess FORK
(per bbl)-August opened at SlO.6O, closing
at $40. 52Ia; September, $lU.65, closing at
$1,000; october, SI0.35, closing at $lo'32.
Lard (per 100 lbs)-August opened at S6 o.
closing at So 02l2; September, Sc. 11l2, clos
ing at S. 12l2; october, $1.17l2, closing at
S6l5. Short Ribs (per 100 lbs)-August
opened at $40, closing at $5.32
September, $3.50, closing at $5:42l2;
October, S545, closing at S5.45.
Cash quotations were as follows: Flour
nominally unchanged. Wheat-No. spring,
79c: No spring nominal; No. red, 19c.
Corn-No. 2, 365sc. Oats-No. =, 224c.
Rye-No 2, 43@43l2c. Barley-No. nom
inal. Flax Seed-No. l, 81 .33@l3.4 limo
thy Seed-Prime, $l.44@1.45. Mess pork,
per Dbl. S1O.50@1O.60. Lard, per 100 lbs,
$6.02l2@6.05. Short ribs sides Qoosel, $3.50
@5.45. Dry-salted shoulders boxed,
50. 12l2@5.25. Short clear sides boxed;
So. 75@05. S7l2. Whisky-Distillers' finished
changed Receipts-Flour. $4,000 bbls;
wheat $4,000 blu: corn, 242, 600 bu; Oats,
1Z3,UO0 bu; rye, 5000 bu. Shipments
Flour 20, 00U bbs; wheat, l50, 900 bu; corn,
41O, 1000 bu; oats, 2SI,0 bu; rye, $4,000
bu; barley, 1000. On the produce exchange
to-day the butter market was fairly active;
fancy creamery, 16@l6Ac; fine. 13l9@l4c;
finest dairy, 11@l2c; fair to good, 9@lOc.
Eggs lie