St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-22
OLD HUTCH is A BEAR.
he Is the Only Obstacle in the Way
of a Fair Ad-
vance.
The Close Only a Fraction Under the
Best Prices for Tie
Day.
Financial Operations Of the Honey
Kings--The General Quota
tons.

CHICAGO. Aug. 2l.-There was but one OBJ
stocle in the wav of a fair advance in wheat
to-day. and that was Hutchinson. he was
all session a persistent seller in a small way
over 7Sc for December, and at 7o4c ne each
time sold enough to stop the advance at that
figure. The outside news was no more Dull
ish than on yesterday, but the trade look
more notice of bull points, and there was
very creditable buying most OF the Gay,
headed by Helmholz, Lindblom and MeCor-
mick early and Bryant later. Scalpers gen
orally took the bull side early and adhered 10
il, but with little success. II pull lhHu-
ences consisted of firm Liverpool cables
early, followed by advices OF cold, stormy
and unfavorable crop weather on the othef
side; dispatches confirming the damage
lone TO wheat uncut and III the SHOCK
in the Northwest by wind ana rain'
a shortage in receipts here; and last, but not
least, very fair export clearances OF wheat
and flour from Atlantic ports. on top OF llo-
eral clearances yesterday from the same
ports. Receipts here were but l69 cars, win
only % cars of No. 2 red winter. The clear
ances were about 10000 blu wheat and 49,
900 bbls of flour from the seaboard. Inc es-
innate for tomorrow here is but l4@ cars.
Sales ranged: August, 77l2c TO 77S4c TO T|98c
TO (Sc; september IIH6C U 9 ;"
77ISc to 77Ac; December, 777Sc to 7SAc to
79Isc to 7SAc to 7s@79lsc at l O'Clock.
Wheat closed fairly firm at 1Sc from the best
prices of the day. shippers and export
ers bought a little September corn
early, and advanced the price from
35B035Ae to 35Ssc. Toward noon
there was heavy selling by Counselman and
other receivers, and September broke down
to Soc. The selling by the receiving firms
was on advices of very heavy loadings at
country stations. Receipts were G59 cars by
rail and 1880 Blu by capal. Withdrawn
from store, 2S1 $50 blu. Oats-Recelpts, ZIo
cars; withdrawn from store, 2l4,62o ou;
market dull and prices steady, There was
less action in provisions to-day, with a
slightly improving feeling in ribs and mess
pork. while lard was heavy and slow sale.
Hogs at the stock yards were estimated at
1880, and best lots sold &c higher. with
common grades about steady. Hogs in the
West were 5000 more than last year, and
this did not help the market for products.
Whether true or not, the impression pre-
vailed early that Armour was buying. Il
this gave strength to pork. Pork closed l2l2
@l5e higher, short ribs sc higher and lard
2l2c lower for August and September.
TIE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. 2 August opened at 77l3c, clos
ing at 774c; September, 7758c, closing at
771sc; December, 777c, closing at ISAAC;
May, S2lsc, closing at S24c: Corn-No.
2 August opened at 354c, closing at 347Sc:
September, 353sc, closing at Soc; October.
344c, closing at 345sc. Oats-No. 2 An
gust closed at 2OAc; September closed at
204c; October opened at 2058c, closing at
2Ol2c; May, 23c, closing at 23Bc. Mess
Pork (per hbD-September opened at
$3.50, closing at S9.65; october, S9.5742,
closing at 1855; January, $9.52l2, closing
at $9.52l2. Lard (per 100 lbs)-septemher
tober, S6.07l2, closing at S6.o7l2: January,
Sc. 95, closing at $3.50. Short Ribs (per
100 l~bs)-September opened at S4.95,
closing at So; October, So, closing
at S5.O2l2; January, closed at $40.
Cash quotations were as follows: Flour dull,
unchanged. Wheat-No. 2 spring, T7l2@
77s4c; No. 3 spring, nominal; No. z red,
77l2@7734c. Corn-No. 2, 35lsc. Oats-No.
Q. 20ls0204c. Rye-No. 2, 43c. Barley
No. ., 6412c. Seeds-No. fax seed, 1850
1886 prime timothy seed, 81 .40@I:5o. Pro
lard, per 100 lbs. ST. 12l2@6. IS; short ribs
sides Qoose), $5@5.O % dry-salted shoulders
(boxed), 81. 62l2@4.75; short clear sides
(boxed). So. 25@5. 37l2. Whisky-Distillers'
finished goods, per gal, $l.02. Sugars-Cut
loaf, 9hc; graduated, Size; standard A,
sac. ReceiptS-Flour. $4,000 bbls; wheat,
III, 900 bu: corn, 100000 bu; oats, 354, 600
bu; rye, II, 900 bu; barley, l,O0Obu. Ship
m~ents-Flour, 5000 bbls; wheat. $4,000 bu;
5000 bu; barley, 1000 bu. On the produce
exchange to-day the butter market was
steady: creamery. 11@19c; dairy, lOQl5c.
Eggs steady; fresh, l4G1l5c.