St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-09-17
OLD HUTCH is A BEAR.
BE and Bis rigurshsads Cause a
Fractional Decline in
Wheat.
Frost News From tie Northwest
Causes a Slump in
Corn.
sNsrss--e<s--
Financial Operations Of the Money
Kinus---The General Que.
tations.

: ClinIeo. Sept, l6.-The wheat market was
sust what the local trade, headed by Hutch
ihsop. wished to make it, a. there were no
heavy outside influences. The cables gave
spot and futures steady ct Liverpool. There
vera no clearances from New York ana BAL
timore. ana Philadelphia cleared l3o'Ooo
I'm The receipts of wheat at primary marx
cts ZIG 900 blu, were almost identical with
last wear at the same date. There was some
accumulation of wheat at Chicago and To-
Iedo while Milwaukee, ST. Louis and Detroit
shipped more than they received MIME
apoIis received 229, 600 bu, shipping but
2S 600. and Duluth received 13O,OOU. snip
none. This fact, and the very poor grazing
Of receipts here. were the best points on each
side. The visible supply OF wheat was ex-
pected TO Increase over 100000 bu. ana
the increase finally posted 1,456,ooO
bu, At the opening the market was
unite brisk. aud the buying by Logan
& Co. and Mitchell helped December TO
7eIsc. but Hutchinson and the bearish trade
onnosed the advance and even put the price
off to 7s7sc the first hour, when Hutchinson
turned buyer for a time. After IL o CLOCK
the decline again set in and before O'CLOCK
December sold at 7SI4@7Sssc with Septem-
Der at 76Iec and May on the split under sc
These prices represented lec net decIlne
from the close on Saturday. The cars Tor
Tuesday were estimated at 3O7. wheat re-
covered a little from bottom figures and
closed AGs4c lower than Saturday. The VS.
Ible grain supply statement shows an
increase for the week of 1,4S5, 600
bu wheat. $4,000 bu corn, and
decrease of $4,000 bu oats Receipts
were 195 cars winter wheat, 50 cars
snring. 693 cars corn and 264 cars oats by
rail. and .16o bu corn by canal Withdraw
ais from store were 154 1886 bu winter wheat,
133 400 bu spring. 24S, 62l bu corn and 3D.
51obu oats. The frost of Saturday night,
which was expected to bull corn. had an ex-
sctlv opposite effect. 1t brought IN great
many selling orders from country holders,
who do not have as wholesome fear OF lts
effect as the agriculturists in the pit do-
There WAS a good movement from the sea-
hoard points. but il was not large enough 10
offset the effect of the country selling. Prices
closed Sse lower than Saturday. Oats were
quiet and Is@14 lower. The provision mar
ket early promised to be very dull. First
prices were either steady or 2l205c higher.
The $4,000 hogs estimated were slightly
lower. but the market became firm, add clos
ing sales were at better figures. Hogs at
Western points were 1000, against 10000
q wear ago. On the floor the trade in products
was light and short ribs and lard kept with
in Sc range. Lard sold at S.. 90@5. 92I3. In
mess pork there were few spurts of sctiv-
itv but the volume Of trade was light. Oc-
tober. the manipulated month, was steady at
$1,000 for an hour and then went TO SLID
on an attempt TO fill few orders. The close
WAS at S1I.2O. January sold at S9.lTl2, and
closed al the best price, 1925.
The leading futures ranged as follows:
Wheat-No. october opened at FIssc. CLOS
ing at 76Iac; December, 1850, closing at
7SI2c; year. 77lsc, closing at76he; May,
S2Ike. closing at T2Ac. Corn-No. Octo-
Der opened at 32Ssc, closing at 32Ac; NO
Yember, 32ssc, closing at 32c; May sage.
opened at 1850, closing at l9Ac; D eeel
Der IgGc. closing at 1850; May, 22s4c,
closing at 22I2c Mess Polk (per bbD-Oc1o-
Der opened at 5000. closing at 81 20; No
vember, 1913, closing at $9-3H2' January aGo
S917I2, closing at So. 25. Lard (Per 100
ibs)-October opened at s.. 921a, closing at
SIS 80; November, 1915, closing at 80; SO;
January, S5.77I2, closing at S5.77l2. Short
Ribs (per 100 lbsl-october opened at
uary. S4.65, closing at $4:65.
Cash quotations are as follows, Flour
steady and unchanged. Wheat-No. spring.
T6Ac; No. 3snring, 62965c; No. req, I64c:
No. Q. 42c Barley-No. ., nominal. Flax
seed-No. /. SI.2s Prime timothy seed. ST.. 80.
Mess Pork-Per Dbl, sl1.10@11. 20, Lard
Per 100 lbs, s6@6.o2l2. Short ribs, sides
Qoosel, s.; o5@5.l9. Dry sailed shoulders l;sas
(boxed) S. 25@5. 37I2. Whisky-Distillers,
Finished goods, per gal, 81. O2. Sugars-Gut
loaf unchanged; granulated unchanged; Re
ceipts-Flour. $4,000 bbls; wheat 12S,OOO
bu; corn, $4,000 bu; oats. 1S7, 900 bu: rye,
10000 bu; barley, $4,000 bu. Shipments
Flour, %. 600 bbls;wheat, 155.o0O bu; corn,
$4,000 bu: oats, $50 900 bu; rye, 5000 bu';
barley, l6,00Obu. On the produce exchange
to-day the butter market was fairly active;
fancy creameries. 20l2021c; fine. 15@ Ice;
finest diaries, 17@lSc, fair to good. Eggs
lie