St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-03-21
The Quotations.

CHICAGO, March 20.-The fact that Nav
wheat sold on the curb yesterday as low as
size, and some sales were reported as having
been made at Size, together with the failure
OF the Lehman Elevator company at Duluth.
produced u decidedly shaky feeling among
ChIcagos spectators, AMI a general telief
that the market here was going to .spot'' 10.
day, The attendance on change was the
lar gest that has been known for many DAYS
and the faces of many prominent SPECTATORS
VINO are not often personally represented in
the crowd. Pillsbury, the great miller and
Barnes, the elevator man, his Northwest
coadjutor. were on the floor early. Report
mas II that these Two gentlemen are partly re-
sponsi"le for the decline OF yesterday they
having let go their holdings OF wheat.
which amounted to several million BUSH
els When the bell tipped at $3.50
trading began with roar. but
1t was found that the Lehman Elevator COM
pany failure of Duluth, which was the dis
quoting factor in yesterdays late and this
morning early trading, proved to have been
discounted. The company was long in Chi
cago about 100000 bushels and i'm Duluth
about 100000 bushels. all of VIII ch was
dumped yesterday afternoon on tue breal,
The failure seems to have been due more 10
the absence of partners from their proper
places 81 the critical time than the lack Of
assets. Soon alter the opening, however
wheat started at SIC sold down TO sic. The
extreme weakness can be imagined when
such enormous purchases as were at the
opening for the account of the big shorts did
not stop the decline. One house alone bought
$4,000 bushels, selling some for June. and
another was nearly as large buyers, but even
with tais buying supplemented BY others all
over the hoor, the market declined till noon.
The report of the taking of 1000. 0O0 bushels of
wheat at Baltimore was the first reassuring
news that anybody had. On this the market
turned. The close at o'clock was 81 7<6JS2c
commission houses have been calling margins
Sharply OF late, and the result as been a gen.
erdl shaklng out of weak or tired holders.
Corn was active and higher to-day. The
trade was as usual. mostly in May, which adj
Nanced from 5e19c at the opening TO $500
oe54c at the close, with STEADY buying through
out the day. Oats were unsettled and active
May opened at 3OS4c and advanced &c then
SOLO down TO 3OA0S09sc and back to 8Os<c,
Where the price rested at 1 o'clock. Pork,
IIos anu iaru closed about &c higher than yes
teruay. rlour quiet and easier: prices I'M
changed. Wheat-Sales ranged: No. cash.
a2s@'9c; March, 76%@77%c, closing at
7g12c; April, 76ssG7T5Sc, ciosiug at 77kc:
May, sl1s21se, closing at s26S2JSc June s55S
@oo24c' closing at s39sc. Corn-Sales ranged:
NO. cash. 3514936Ac; March. 35a35ILc
closing at 35I4c; April. 35635I5c. closIng ar
35Ac; May, 3s3sG3S34c, closing ar ass~c
bid; June, 3sI93s54c. closing ar ass
Oats-Sales ranged: No. . cash. 2TS-S9sc.
March, 26s4e; April, 26c; May SOLO .O5sc'
No. . cash, Coo. Flax Seed-No. 1 81 m
Pork-sales ranged: April, S9.62Is6Eq. e5:
May, $9.6Og9. 7212, closing at So 1908 72II,
June 9.7OG9SO closing at 50. 77%. Lard
Sales ranged: April, S5.s5G5 .971s: MAY.
IS .9715@6; June, $6.O2L06. 05. Dry saito
shoulders, S3.sOaS 95; short rib sides. s. s9aS
5.2219; short clear sides, So. 5005. So. Whislrv
steady at 81. Il. Produce Excha pge-Rutter
and eggs unchanged. Receipts-Flour : o0o
Dds; wheat, $4,000 blu; corn, zoe. 900 blu;