St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-04
IN SPECULATIVE PITS.
On the Chicago Board of Trade Yesterday
the Wheat Market Fad VERT
able Boom.
The Temper of the Market Was Very
Bullish During the Afternoon
Session.
y ore than Usually Heavy BuyAhS
Both for Local and Outside
Account.
Financial Transactions IN All
Street. eneral Market
Quotations.

CHICAGO. Dec. S.-The wheat market
look on a veritable boom to-day before the
swOse of the afternoon session, the temper
q the market turning very bullish with
I.shorts" covering freely The buying was
more general. both local and. outside account,
than on any previous day since the upturh
nf the nrices began. The starting price for
the MAY option was S5$4c per Dushel' OF
sc higher than at the close last hlgnt.
Public adviceS from abroad were TaVOfaole'
Early private cables also quoted cargoeS SIN
pence higher. but noted that holders were
selling more freely with increasing snip
ments of Indian wheat. Later private Ca
bles we're not as encouraging and quotihg
an easier feeling at Liverpool Inc omeI-
ings were very free at the opening anu May
fell off to S5Ic. ruled steady and then
began to advance on good buying lhoGGeo ny
REPORTS of large purchases for export. FTlceS
advanced to S5$lc at the l o'clock ad-
iournment and on the afternoon board con-
finued to advance until the option mad
touched S634c. the highest point reached
bv the option since the present
advance began. The excitement in the pit
was very pronounced after the price had
passed sec. and the volume OF trading on
The short afternoon board was equal TO that
OF the entire morning session. One oper-
ator was credited with the purchase OF
:. 0OO. 600 bushels for May delivery. but the
buving appeared TO be very general Inc
closing prices were about the best OF the
day. The receipts at primary points Sho"
a falling off with clearingS from three sea-
board points of 214.000 bushels. Corn
ruled active and steady on the regular SEES
sion. but became strong with wheat CLOSING
&c higher than yesterday. The shipping
demand was light. butreceIptS were Slnaler
than eXpected Oats ruled quiet and closed
at Yesterdays figures. Provisions were not
so active. Mess pork opened 272c per b0l
higher. fell back 20@30c rallied again 10
nearly the outside figure and closed steady.
Flour was fairly active and firm at former
quotations.
THE QUOTATIONS..
The leading futures ranged as lol-
lows: Wheat-December opened at see
closing at 7075c; January opened al Ioa &C.
closing at 7755c; February opened at 'S?4c'
closing at S0$sc May opened at o554c, clos
ing at SG5Zc. COrn-December opened al
3SISc. closing at 3S5sc: January op-ned al
3S15c, closing at 3S$4c; February opened AT
3SIIc. closing at 39$4c; May opened at 1926,
closing at 44c. Oats-Decemoer opened
at 271Ec. closing at PIC; January
opened at 271Ec, closing at Zl1sc;
NAV opened at 3l$sc, closing at 3lasc.
Pork-pecember opened at SlJ-e0, closing at
SI0.S5: January opened at SlI-15, closing at
SlLI2%; February opened at Sll.l%7a' clos
ing at SI1.22%; May opened al SIl.o1' CLOS
ing at 81. 5215. Lard-December opened AT
Sd Il. closing at $6i5; January opened
at Sc. 2215. closing at $500; February opened
at $3.50. closing at $3.50; March opened
al S6.3T15. closing at $3.50. Short RibS-Jan-
nary onened at $500. closing at S5621a
February opened at $3.50, closing at SI.63;
March opened at $50. closing at $40
Cash ouotations were as follows: No spring
wheat. TS76c: No spring wheat, 40 '3c;
No. , red. T99T914c; No. ,, corn, 3ossc; NO.
oats 27c; No ,, rye, 541ac; No. barley, o3c;
No flax seed. 9I15c. Prime timothy, St.'o'
Mess porz. SlOS5 Lard. So Is. Short rib sides,
loose. S55O95.65; short clear SIDES, foxed.
81. SnG5.85; dry sailed shoulders, boxed, S+.oo
.04.15. Whisky, SI1S. Sugar unchanged.
Recepts-FlOur 5000 bbls; wheat 'Z,OOU ou
corn. f6.Dee blu: oats, $4,000 bu; G, 1000 ou;
barley. IS 600 bu. Slipments-Ffour' 10 OUo
Dbl; wheat, 10000 bu; corn, 10000 bu; oats
$4,000 bu: rye 1000; harley, 10000 Gu. on
the produce exchange butter ruled hrm; good
to nne creamery, 2l02654c; good 10 extra
dairy, 2O0251ac. Fresh eggs, 2lig@@c-
PFTFR BERKEY. Pres +. ". ANDERSON, Cashier
CIV .GRIGGs, Wires. "A. c. ANDERSON, Asst Z.
1hk ST. PAUL NATIONAL 6ANn
CAPITAL. 100000.
Corner Fifth and jackson streesA