St. Paul daily globe., 1886-03-15
EVENING UP MARKETS
The Week Closes With Light Volume
of Business, and But Moderate
Fluctuations.
Wheat Exhibits Great Firmness, With g
Slightly Upward Tendency, and
Closes Higher.
But Little Doing in Other Gra1ns'
and Almost Nothing in Pro-
visions.
A Sharp Decline In Western UNION
the Feature Of the Day In
Wall Street.
Chicago Grain and Provisions.

Special to the Globe.
CHICAGO, March 13.-The history of to-
DAVIS market bears very close resemblance
TO that of the two previous days. There
WAS slight diminution in the volume OF
business transacted, and, it being Saturday,
trading was TO considerable extent OF an
evening-up character. The privilege crowd,
too. were largely represented in the wheat
pit. Outside orders were phenomenally
light. On the whole list OF
speculative articles prices again
nuctuated within narrow range. There
was a paucity of news. That is to say
very little came over tho wires aside from
that which was transmitted through the
regular channels \ 81. Louis milling con-
Germ, whose investigation OF the crop ques-
ton in the Southwest has been very thor
ough, sent up private dispatch that out
Of hfy-three reports just received
fifty We're favorable for the
growing wheat. Wheat took tho
onward track again to-day. 1t did not
travel at an aStoniShingly rapid rate, bat
The trend OF values was toward q higher
range. A good many traders, and not all
OF them chronic bulls either, expressed sur
prise that the advance was not greater in
view of the bulliSh news from abroad that
we have been getting lately. But the
market displayed much stubborn tirnneSs,
and that 4 has gained many
friends is beyond question. Seller May
opened at So sc, then hung around S553 3@
S55sc FOR time. when there was an I'M
provement to S5%c. Later there was re-
action to S5l5c and gt the close S55sc was
bid. This was /, better than last nights
closing. and almost idenucaIly the same as
last Saturdays quotations.
PUBLIC CABLES
to-day quoted spot wheat firmly, cargoeS
OIL coast strong, and those on passage a
turn dearer, with Paris wheat ana flour
firm. Private cables were also favorable to
holders Wheat supplies in Great Britain
were said to be rapidly decreasing and al
prices AT Odessa higher than in Liverpool.
New York was relatively stronger
being the only point that was
out Of line with this. Local shorts bought
freely against calls. and the Lester crowd,
Chandler Brown. Murray Nelson and MAI
Jones were said to be good buyers. Some
Of the big scalpers who had a profit in their
holdings sold out on the early bulge. Dur
ing the last half hour the buSi-
Hess passing was unlmportant.
IN corn aud oats there was
little doing outside of the cash trade. and
prices showed 40 change. The speculative
market for both ot these cereals is pegged.
Provisions We're slow and heavy. The de-
mand was light for all futures, and with
rather free offerings on stop orders prices
ruled decidedly weak, closing at or near the
lowest quotations established. May pork
reCeded from S10.1715 at the opening tC
SlO.O5, and at l o'clock S10.07 was bid.
Lard declined sc and ribs axe. There has
been decline this week in May pork oi
40c in lard of 10c and in ribs Of l219c.
PETER BERKEY. Pres r. w. ANDERSON, Cashier.
CIV. GRIGGs, Wires. 4. c. ANDERSON, Asst. c.
THE ST. PAUL NATIONAL BANK,
CAPITAL, $500.000.
Coruer Fifth and jackson streets