St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-02-24
AN UNUSUAL BULGE.
4 Demand for Wheat by Exporters at
the Seaboard Advances the Price
One Cent.
A "Short" Interest and an Expected
Decrease in the Visible Aid in
the Advance.
Corn Quite Active and Oats in Fair
Demand, While Provisions show
an Easier Feeling.
Stocks Moving UP and Down In
Lively Manner, Closing at
the Top.
Chicago Grain andProvisions.

Special to the Globe.
CHICAGO. Feb. 23-'sThe country" took o
hand in the deal to-day. Public confidence IN
rbe down-t. zen cereal seems TO De ex-
periencing a revival. Market cables noteo
an advance in prices on the other slde' Ne"
York was exceedingly Duilish on account OF
the eyport movement last week and renewal
Of the inquiry by exporters this week. Locai
houses having foreign connections reported
y betfer feeling on the continent and in Brit
ain. and houses having large or small nome
trade were in receipt of q greatly increased
number of orders and inquiries from the IN
terror. Business received considerable sum
ulation to-day from many quarters. st. Louis
and the Southwest were bear1sh on the
splendid outlook for the growing crop in that
section, and Minneapolis was grooming under
large receipts. but this was explained on the
theory that the miiiers we're rushing Onward
supplies from the back country and clearing
the decks preparatory 10 an oh9lauSh1
on the concentrated warehouse STOCKS.
MAY wheat opened ut S51zc, On advance
from Saturday or 5Ic, the Improvement
established on the curb yesterday having
been fully sustained. The market advanced
strongly to S6Hc. with good mlsceiaueous
buying 10y commission and private-wre
houses. II receded slightly and then held
firm and steady. with very buoyant under
tone and excellent trading. The market sold
down To SEC for May after the initial advance,
but later climbed TO SG%s06bLc. SuDse-
uuently offerings were free at 1890, but the
market did not break or show signs Of heaVi-
ness. The last forty minutes OF the long ses-
sion witnessed
A SHARP ADVANCE
from 841IGS62Ec to S65E986$4c, on reports
that about thirty boat loads had been taken in
New York, Nightingale alone having taken
twenty-one of the number. The close AT l
o'clock was at the best figures OF the session.
Again this afternoon there was a stronger
feeling, May advancing TO SIC, but toward
the close prices dropped 1zg3sc. closing at
Size for February and March, 8G34c for May,
and S8% for June, showing an advance
of I3a@15lc over Saturdays latest
quotations. The feature OF the
afternoon trading was large buying by
shorts and purchases for investment by the
best houses on tue floor. Corn was dull to-
day, only IA faint suggestion Of last weeks
life remaining. Robert Warren sold about
200 bushels early, and Norton Worth
ingtOn sold as much. This was about the
only notable trading of the day. The late
close was steady, about IS under Saturday, at
31I5c Tor February ana March, 3g>4c for
April, 4OZ for May and 4G4 for June. Pro
visions were quiet all through the day and
prices were weaker end lower owing 10 the
larger receipts OF hogs and a shrinkage in
values at the stock yards. Prices of pro-
ducts kept within a narrow range, and we
note decline of Toe on mess pork and 21zc
on lard, and sc on short ribs. Mess pork for
May opened at Sill. 10, and sales were at
SIl. l00l1 Is, closing at S1l. l2%. June
closed at SIl .221% Year sold at SO. rs. Lard
closed at ST. O215 for March, ST .0715 for April
and S615 for May. Short ribs closed at
s5.471a for March, $5.521a for April and
50. 60 for May.