St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-02
WAS LARGE IN VOLUME.
A Boom in the Speculative Trading in
Wheat on the Chicago
Board.
The Feeling Was Quite Strong, With
Numerous Outside Buying and
Selling Orders.
Favorable Gable Advfces Largely Al
fected the Speculative
Trading.
Transactions in the Financial circles
of wall Street--G eneral
Markets.

CHICAGO. Dec. 1.-The speculative
trading in wheat was large in volume again
to-day with numerous outside buying and
selling orders. The feeling was strong
during most of the session and closed for
the day at nearly top figures and 11sc per
bushel higher than yesterday. The open
ing was 76@4c higher and rallied under
good buying with some fluctuations. B@1c
receded ss@1lc. rose &c and closed at the
outside. The early strength was attributed
to favorable cable advices, decrease of
1850, 600 bushels in the quantity on ocean
passage and reported decrease in stocks
at Liverpool of over 500. 900 bushels during
November. The receipts continue fair
and exports moderate. The corn market
ruled strong and more life in the
speculative trading. The market opened
steady, advanced slightly, rallied again and
closed nc higher than yesterday. The
speculative trading in oats was light until
late in the day when the market ruled
stronger. the May option advancing &c and
closing &c higher than yesterday. Provls-
ions ruled active, mess pork attracting the
most attention. Prices for pork gradually
advanced 3503715c and closed at nearly top
prices for the more deferred deliveries. 1t
was limited that squeeze" was impend-
ing in December and the price was bid up
from So 95 to S10.7O without reaction, but
in the afternoon few trades were made at
$1,000. Lard advanced 5@719c per 100
lbs. and short ribs advanced 10@121ac per
100 pounds. Flour was firm and un-
changed.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-Decembe opened at 75$4c. closing at
1850; January opened at 1910, closing at
T73Ec; February opened at 775sc, closing DIT
781Sc; May opened at 634c, closing at sc
COrn-December opened at 3T14c. closing at
3755c: February opened at 375sc, closing at
3Sc; MAY opened at 1880 Oats-Dcember
267Sc, closing at 27c; January opened
at &c, closing at 27Ac; May opened
at Sic, closing at 312sc. Pork
December opened at $685.; January opened
at Sl0S0, closing at S10.92%; February
opened at SlO65. closing at S11.02%; May
opened at S11, closing at $1l.32%. Lard-De-
cember opened at S., closing at $6.229; jan
uary opened at $50: February opened at
$6.221@, closing at 1925; March opened at
SG.3212, closing at $3.50. Short Ribs-Jan-
uary opened at S5.4214. closing at $3.50:
February opened at ST.. 421%, closing at $5.5715;
Cash quotations were as follows: No. spring
wheat, 1920; Nos spring wheat 691a07O1ac;
No. 2 red winter wheat, 777sc; No. 2, corn,
37tsc; No. oats, 27c; No. ,, rye, sac; No.
Z barley, 0oc. NO. HdA seeu' SO%40
Gle. Prime timothy, S1.74@1. 20. Mess pork,
$1,000. Lard, S6.1O. Short rib sides, loose,
$535G5.50; dry sailed shoulders, boxed, $40
@4.75; short clear s.des boxed. S5.7u@
SIS. Whisky, S11S. Sugars-Cut loaf,
61z@65sc; granulated, &c; standard, A, SIC
Receipts-FIour, 1000 bbs; wheat 49,
600 bu; corn, Ib7, O0e bu; oats, $4,000 bu; rye,
5000 bu; barley, SO. 900 bu. Shipments-Flour,
1900 Dbl; wheat, $4,000 bu corn, 10000 bu;
oats, $4,000 bu; rye, none; barley, 4l,0O0
bu. On the produce exchange butter
ruled steady and unchanged; good to fine
creamery, q G26c; fair to good creamery, Is
@ISc; choice to fine dairy. 1S022c; good
dairy, 12@15c. Eggs, fresh scarce, quoted
22G24c.
PETFB BERKEY. Pres +. W. ANDERSON, Cashier.
CIV .GRIGGs V. Pres. A. c. ANDERSON, Asst C.
The ST. PAUL NATIONAL bANn
CAPITAL 100000.
FL