St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-03-14
EVENING UP MARKETS.
The Week Closes With a Light Volume
of Business, and But Moderate
Fluctuations.
Wheat Exhibits Great Firmness, With
Slightly Upward Tendency, and
Closes Higher.
But Little Doing in Other Grains,
and Almost Nothing in Pro-
visions.
Sharp Decline in Western Union
the Feature OF the Day in
Wall street.
Chicago Grain and Provisions.

Chicago Grain and Provisions.
Special to the Globe.
CHICAGO, March 13.-The history OF to-
days market bears q very close res emolance
to that of the two previous days. There
was slight diminution in the volume OF
business transacted, and, it being Saturday,
trading was to a considerable extent of an
evening-up character. The privilege crowdH
too, were largely represented in the wheat
pit. Outside orders were phenomenally
light. On the whole list of
speculative articles prices again
tluctuated within narrow range. There
was paucity of news. That is to say,
very little came over the wires aside from
that which was transmitted through the
regular channels. a ST. 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 hfty-three reports just received
fifty We're favorable for the
growing wheat Wheat took the
upward track again to-day. 1t did not
travel at an astonishingly rapid rate, but
the trend of values was toward a 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 firmness,
and that it has gained many
friends is beyond question. Seller May
opened at $3.50, then hung around $3.50
S55sc for 4 time when there was an inn
prOyement to S55sc Later there was a re-
action TO S515c and ct the close S555c was
bid. This was Ac better than last nights
closing, and almost identically the same as
last Saturdays quotations.
PUBLIC CABLES
to-day quoted spot wheat firmly, cargoes
of coast strong, and those on passage
turn dearer, with Paris wheat and flour
firm. Private cables were also favorable TO
holders. Wheat supplies in Great Britain
were said to be rapidly decreasing, and at
prices at Odessa higher than in Liverpool
New York was relatively stronger
than our market to-day, Toldeo
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 Nat
Jones were said to be good buyers. Some
of tine big Scalpers who had a profit in their
holdings sold out on the early bulge. Dur
ing the last half hour the bust
ness passing was unlmpOrtant.
In corn aud oats there was
little doing outside of the cash trade, and
prices showed no change. The speculative
market for both of these cereals is pegged.
Provisions were 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 $1O.1715 at the opening to
S10.05, and at o'clock S1O.07 was bid.
Lard declined sc and ribs 215c. There has
been decline this week in May pork of
40c, in lard of Toe and in ribs of 1212c.