St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-19
LACKING IN GINGER"
Chicago Bulls and Bears Were
Quite Tame in the Pit Yes
terday.
Fluctuations During the Day
We're Comparatively In
significant.
Corn Was Buoyant at Closing,
and Rye Sustained a
Break.
Materially Higher Figures on
ALI Stocks in Wall
Street.

CHICAGO, Aug 1s.--The audience in the
public gallery overlooking the trading pits
was as OVERLOOKING as on any of the three
preceding days of the excitement, but the
performance they stood to observe lacked
the absorbing features of interest which were
witnessed on Saturday and Monday. The
close of the market yesterday at Sl.O3 for De-
cember wheat left it denuded of the senSa-
tional addenda which excitement had added
to a naturally strong condition of affairs. The
foreign markets had lost good deal OF yes
terday's buoyancy, and, ike the trade on
this side, appeared to crave rest. The prin-
clpal fluctuations in December wheat up to
about ten minutes of the close of the session
were as follows: Opened at from Sl.03 to
81 O3Ia, then sold at 81 g. S103, ST. 02l2 Sl.03,
SLOPE, S1.O4I2, 81 0234, S1O3A. Sl.0ls4, S1.02M.
The highest point of the day was reached
about II clock and the advance which oc
CURED then made the quotation Sl.O4l2, and
was caused by q New York dispatch, which
reported that Russia had included wheat in
the order prohibiting exports. The truth of
the report was doubted, however. as only
one house here received any such news. The
weakness which the market showed in the
latter part of the session was due to the
lower quotations from the foreign markets.
There was short-lived squirt from SI.02L9 10
81. 03Ss about ten minutes from the close. hut
it Immediately became heavy again and
dropped to Sl.0!l2 at :l5 p. m bell tap. De
cember privileges for Wednesday were
quoted around 9912c and S107.
The corn market acted very stubborn all
day. twas chopping up and down. mostly
between 63@55c, with extreme prices at GA
and 65l2c forSeptember This future opened
around 63Isc, with sales at 63 and 6314c at the
same time. The price touched 62s4c and rose
to 63l2c in short order. Then it sold at 63iSc,
and went with the bulge in wheat ana cover
ing of shorts to 654c to 644c to 654c third
time before O'clock August sold mostly
the late futures. White d Co. and Hutchin-
son & Co. were the leading buyers, early fol-
lowed by shorts. The prospect of a squeeze
in September corn continues and makes
| short selling for any length of time out of the
| question.
Corn became very buoyant the last half
| hour and reached the best prices of the day.
| August was quoted at 61Ssc al the close. Sep
TENDER sold at 6clsc. and closed 2Ac over
! last night. October ranged at 57s4c and
| 6)I5c. September corn puts sold at 6@S4c,
calls at 67l9c. Oats closed from s4c to lc
| easier, after experiencing moderately act
i've day. Trade was of scattering charac-
ter. August opened at 29c, declined 10 2sc,
| and closed at 2Sl4c. September sold from
| 29lsc down to 2S42c. closing at 2os4c. while
May started at 32Ac. advanced to 3212c,
weakened to &c and closed at 32sSc.
A break of 60l1l2c occurred in rye. There
| was good buying of cash and selling of fut-
ures Foreigners bought moderate amount
of cash and at the same time sold September
freely. They also did considerable resell
! ing August SOLD at 97cGDS1 and closed at
96Iac sellers. September sold at 95cG9Sl and
| closed at 95Gl96c. October was traded in at
| g2094s4c and closed about &c under Septem
| ber No. sold at 96c@S1. The market was
| active and quite excited.
| The trade in provisions was fairly lively to-
! day In pork the prices f1uctuated consid-
eraby Opening sales were made at 2l2@5c
| decline, followed by further reduction of
| 2Iac. At the reduction the demand improved
| and prices advanced 33I2035c later the prices
settled back 1C0l2Ac and closed quiet. For
| lard the demand was only fair and the trad
| lug light Prices opened 2l2@35c lower, but
| rallied again and closed at outside figures
Steady Short ribs were fairly active Prices
ruled 2I2@95c lower at the opening, but
| quickly rallied again. Toward the close
| prices settled back to medium figures, but
| advanced again, and the market closed firm l..
The leading futures ranged as follows: