St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-09-30
POINTS OF ADVANTAGE.
They Are Played for Desperately by
Leaders in the Wheat
Trade.
Open Buying and Selling on the Sly
Causes Break Near the
Close.
Financial Operations Of the Honey
Kings---The General Quo
tati0ns.

CHICAGO Sept. 29.-The leaders in the
wheat market played for points of advantage
to day. The market started quite brisk, with
the large operators selling. Liverpool cables
were I2d lower. For the first half hour Will
lam Dunn & Co., POole-Sherman and
Schwartz Dupee were the leading sellers.
They broke the market from S3Ac to S2s4c
for December, from which point there was
rally TO S3ssc. the best price for the day. For
two hours the price was back and forth be-
tween S3c and S3Ac, with but little wheat
for sale below S3c. The holders kept bidding
the price up to-day, but when they could I'M
load % 900 or $4,000 bu quietly it was done.
This was worked for time very successfully,
but the crowd made the discovery about
noon, and then prices went off quite easily TO
S2i2c for December, Sic for September and
Soc for May before l o'clock. There was no
important news. The visible supply increase
for the week was figured at about ZOO
900 bu. Receipts here of 1874 cars included
10 cars of contract wheat Monday estimate
160 cars. The weakness continued in wheat
to the close. Receipts were 123 cars winter
wheat, Al ears spring, 4S0 cars corn and 24S
cars oats by rail, and 16, 400 bu corn by
canal. Withdrawals from store were 1858
bu winter wheat, 1882 Blu spring. 596,27
bu corn and 2, 400 bu OATS The bulk OF the
business in corn was the changing Of near
contracts to the more deferred months. This
weakened September and october and rather
strengthened November and December.
Hutchinson was peddling out September
corn. Cougdon and Baxter were probably
the largest buyers of the October Outside of
the changing, which is always feature dur
ing the latter part of the month, there was
a hr1S Oats fqi
ana lsc higher for the nearer futures. Pro-
visions were inactive and the market weaker,
except for September and October pork,
which was he'd at SLIPS. Lard closed 2l2
csc lower, and ribs 2l2@l5c under yester-
days close.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-NO. = october opened al S1lec. clos
ing at S0s4c; December, S3c, closing at s2ssc;
ing at S47Sc. Corn-No. 2 October opened at
STAG, closing at 3114c; November, 31ssc,
closing at 31lec; December, 3l12c, closing at
3l18c; May, 3334c, closing at 33S4c. Oats-No.
2 October opened at 194c, closing at l9ssc;
225sc, closing at 22ssc. Mess Pork (per bDD
October closed at $11.25; November
opened at $3.50, closing at S957!2; January;
S9.35, closing at So 27l2. Lard (per 100
at S6.O2Is; November, S5.95, closing at
So 90; January, So 92l2, closing at So 87I2:
Short Ribs (per 100 lbs)-October opened
at S4.95, closing at $3.50; November,
opened at $4.75, closing at $3.50; January
Cash quotations were as follows: Flour
firm; winter wheat patents. 81 25@4. 40;
spring patents, $4.5G@5; bakers, $4,000
$50. Wheat-NO. 2 spring, s0A@ sOS4c;
No. 3 spring, 6sQ72c; No. 2 red. S0h@
SOs4c. Corn-No. 2, 3lAc. Oats-No. 2,
1850 Rye-No. 2, 4ll2c. Flax Seed
No. l. S1.2s. Prime timothy seed, $1.21.
Mess Pork-Per bbl Sill. Lard-Per 100
lbs. Sc. 12L2Q6.15. Short ribs sides Qoose),
SIS. Whisky-Distillers' finished goods.
per gal, 81 O2. Receipts-Flour, lS 600 bbls;
wheat ST, 900 bu; corn, 3O3. 600 bu: oats,
1862, 900 blu: rye. 10000 blu; barley, $4,000
blu. Shipments-Flour, $4,000 bbls; wheat,
$4,000 blu; corn, $4,000 bu; oats, $4,000
the produce exchange to-day the butter
market was dull but steady.