St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-02
OLD HUTCH is HOGGISH.
he Stands Ready to Buy ALI August
Wheat Offered for
Sale.
The Month Opens With a Brisk Mar
ket and Slightly Better
Prices.
Financial Operations OF the Money
Ktnss---The General Quo
tations.

CHICAGO, Aug 1.-The month began with
practically no deliveries on August contracts,
but with a brisk market and slightly better
prices for all futures. The opening was
quite firm in view of the cable ady1ces when
quoted spot grain steady with futures tending
down for American wheat at Liverpool.
There were other influences which for time
offset this news. There was no wheat de-
livered Hutchinson took all the July he
could get yesterday. He has been per-
Bistent buyer of August, and this morning
was ready to take all of that future that was
for sale. Clearances were pretty good. New
York cleared $1,000 bu wheat, and about
10000 bbls of flour. The Atlantic ports
together cleared $4,000 bu wheat, the
amount out of Baltimore being 1900 bu AT
New York the trade was at first sellers
but on trying to get back prices advanced 70
10 84c The stock of wheat at Liverpool was
reduced 100000 bu. and is now nearly
1900, 900 bu less than at this time last year.
In this market early the shorts were buyers,
yet with the crowd bearish. Later sales by
Dunn and others weakened the market about
noon, but prices rallied again before
o'clock. The action was as follows: August,
7sAc to 775sc to 7Sc; September, 77!2c to
7734c to 7714c to 7712c; December, 79lsc to
1880 TO 787sc TO 79l2c; May, $3.50. The es-
Innate for Friday was 254 cars. The lnspec-
ton this morning gave 227 cars all told. or
this only cars of spring wheat were old.
The first new spring, 3 cars, ap-
peared on the street to day. Out OF
EGO cars of new winter, 100 cars graded
No. 2. The corn market was strong
during the entire session. Deliveries were
very light. The cooler weather started rev
nh, oc1, and
started others to protecting their trades.
The outward movement was large, and prices
moved up easily from the opening. Re-
cetpts were 416 cars. Oats-market dull,
and prices shad lower. Receipts 147 cars.
Deliveries in provisions were small. The
market was stronger and prices ranged
higher, closing 712@l5c higher on pork, 1Oc
higher on lard, and 7I20l0c higher Oh short
hbs.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No 2 September opened at 77l2c,
closing at 77I2c; December, 79lsc, closing at
79lsc; year, G71s closing at 77is. Corn-No.
2 September opened at 36Ac. closing at
Beige: October, 36l2c,- closing at 36esc; De
cember 36Isc, closing at 36lsc. Oats-No. 2,
September opened at 2l%c, closing at q SEC;
october, 22c closing at 21s4c; May, 25Ac,
closing at 25Is Mess Pork (per bbO-Sep-
TEMPER opened at Slo ~. closiHs az
BIO. 72l2; October, SI065, closing at 5000:
January s7t2 closing at So s2a3 al aa e0
closing So 27l2; october. Sc 2212, closing at
&c. 27I2; year, S5.97l2, closing at So. Short
Ribs (per 100 lbs) - September opened
Mt $5.572, closing at S5.57l2;
october, s5,o7l3, closing. at $5;57le.
Cash quotations were as follows: Flour
steady and unchanged. Wheat-No. 2.spring,
7s@7sAc; No. spring nominal; No. 2 red,
5s@7eAc. Corn--No. 2 36Tsc. Oats-No. .,
21Gc Rye-No. 2, 43c. Barley-No. NOM
Inal Flax Seed-No. 1, s1.32@1 .33l2.
Timothy Seed-Prime, SLAB. Mess pork, per
Dbl. S1O.70@10.75. Lard, per 100 lbs,
&c; 17l9; short ribs sides Qoosel, s559@
as 25. Short clear sides (boxed). $3.50
b62 W6iskyDistilIeTs fin finished goods
Receipts-Flour 10000 bbls; wheat, 1877,
POO bu; co Gno 1870 bu; o oats $4,000
ments-Flour, q, 00U bbIs; wheat 1876, 900
1000 bu; barley, 1000 bu. On the produce
exchange to-day the butter market was fairly
active and unchanged. Eggs quiet at lie.