St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-06-20
The COMMERCIAL RECORD.
An Unusually Dull Market Contributes
to The General Decline in
Wheat.
Germ Moves UP Peg, While Oats Close
Firm at Half Notch
OFF.
Financial Operations in Money Centers
The General Quo
tati0ns.
Special to the Globe.

Special to the Globe.
CHICAGO, June I9.-Wheat was dtfesually
dull o-day. Prices opened slightly lower;
declined about l2c early, reacted Ac later
and was lifeless at noon. Before the close
at l p. M, however, prices stiffened up and
closed about at last Ii ,ht's figures. Receipts
were 80 cars. Corn looked bearish early in
the session and declined l2c on free selling.
But later on demand from shorts recovered
and eased 8sc to 7sc better futures. Receipts
were 536 cars. Oats were easier and closed
Ice lower. Receipts 2o3 cars. Provisions
were quiet and weak feeling
prevailed. Last sales at 1 p. m.
were at a net decline of 7l2c on pork. sc on
lard and 2l2c on short ribs. At the afternoon
session there was more activity and frmer
feeling for all grains. Wheat sold l4c higher,
corn 8sc higher, oats 14c higher. Provisions
were dull. 2:30 p. m. Prices-Wheat-June,
S1lac; July. S1S4c; August. S2A@S2ssc; Sep
tember S2la6S25sc. Commune, 50Ssc; ;
July, sic; August 515sc; September, 52lsc.
Oats-June, 3ll2c; July, 31$4c; August, 27c;
September, 26Ac.
THE ROUTINE REPORT.
CHICAGO June 19.-With the exception Of
a few liberal operations early. wheat was ulr-
usually dull to-day. Prices opened slightly
lower declined about l2c early, reacted Ac
later, and by noon the pit was partly deserted
and the market At standstlll. AT this point
as elsewhere outside trade was very light
sic, up to SlS4c. Matters looked bearish in
the corn pit until near the close. Receipts
were over fifty cars short of the estimate
this morning, but prices declined easily l2c
early When the shorts found the market
stubborn and started to cover, there was
little for sale. The price at once went
up several points and the clos
ing was firm, about I1sc over the bottom
nd ~
sold at 40 and soc. July started at sec; sold
at 49L2c, and closed at 507sc. Trading was
more active in oats; July delivery was raided
early in the day, being offered freely at
steadily declining prices, until there was la
@17sc break from yesterdays closing. The
general offerings were quite moderate, and
after certain large operators ceased offering
TO sell, the market recovered and advanced
above the inside, and finally closed only I2c
lower at 3ll2c for July. Provisions were
quieter, trading being entirely of a scalping
nature. A weaker feeling prevailed and last
Sc on lard aud 2l2c on short ribs. Lard was
relatively the weakest article. The shipping
demand has fallen off and the market has
little support and were holders disposed to
offer their property freely, a sharp decline
would have resulted. June broke DC on the
Offering OF $50 tierces. July closed at SIS. 40
G.S.42I2. July pork opened at S13.S5 and
closed at $3.50. Short ribs slow. with sales
Q7.52l2.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2, June opened at Sic, closing
at S1I2c: July. 1Ssc, closing at S1Ac: Au-
gust, S2lsc, closing at 924c; September
S2lSc, closing at S212c Corn-No. 2, June
opened at 49c, closing at 5OsBc; July, soc,
closing at sic; August 505sc, closing at
51lsc; September, 511Bc, closing at 52lsc.
Oats-No. ., June opened at 31$sc, closing at
3Il2c; July, 3175c closing at 31S4c; August,
2678c, closing at &c; September, zoe,
closing at 264c. Pork, Mess, Per Bbl-July
opened at $3.50, closing at $3.50; Aug
gust. $3.50, closing at S13.S5 September
S13.95, closing at $3.50. Lard, Per leo
Lbs-July opened at SS.45, closing at
IS 40; August, 1855. closing at So.
September, $3.50, closing at Se.55; Octo-
Der. So GLE, closing at $3.50. Short Ribs,
at S7.52l2: August, $3.50, closing at $3.50;
September. S7.72l2 closing at $7.67l2 T..
Cash quotations were as follows: Flour
Dull and easier; local buyers doing little.
Wheat-No. 2 spring, S034GlS11sc No. red
S2c. Corn-No. 2, 49s4@50c Oats-No 2,
5O7sc. Rye-No. 2, SIC. Barley-No. Q, III
@65c. Flax Seed-No. 1, S1.3O. Prime
timothy seed, So 1902. 20. Mess Pork-Per
Dbl, S13.70. Lard-Per 100 lbs, $S.35. Short
Ribs-Sides (loosel. $7;55; dry salted Shout
ders 3oXedl, S6@6:25; short clear. sides
ished Goods-Per gal, S1.20. Receipts
Flour, 10000 bbls: wheat, p, 600 bu: corn
100000 bu; oats, los, 900 bu: rye, 1000
bu; barley, 5000. Shipments-Flour, 6, 900
bbls; wheat II 600 bu; corn, LOG, 600 bu ::
oats. 10000 bu; rye, 1900; barley, 1000
blu. On the produce exchange to-day the
butter market was inactive; creamery, 15@