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.
Corn Moves Up Peg, While Oats Close
Firm at Half a Notch
Off.
financial Operations in Money Centers
The General Quo
tatiOnS.
snecial to the Globe.

Special to the Globe.
CHICAGO, June 19.-Wheat was 6reS1ally
dull to-day Prices opened slightly lower;
declined about l2c early, reacted lac later
and was lifeless at noon. Before the close
att p. M. however, prices stiffencd up and
closed about at last Ii :hts figures. Receipts
were % cars. Corn looked bearish early in
the session and declined l2c on free selling.
But later on Il demand from shorts recovered
and eased Ssc to 7sc better futures Receipts
were 536 ears. Oats were easier and closed
l2c lower. Receipts. 203 cars. Provisions
were quiet and weak feeling
prevailed. Last sales at l p. m.
were at Il net decline of 7L2c on pork, &c on
lard and 2lac on short ribs. At the afternoon
session there was more activity and tirmer
feeling for all grains Wheat sold l4c higher,
corn 3Sc higher, oats &c higher. Provisions
were dull $50 p. m Prices-Wheat-June,
slice; July, s1S4c; August. S2h@S2ssc; Sep
TENDER, S2l2QS25sc. Corn-June, 50ssc;
July, sic; August, 515sc; September, 52lsc.
Oats-June, 31l2c; July, 3l$4c; August, &c;
September 264c.
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 lac
later, and by noon the pit was partly deserted
and the market NJ standstill. AT this point,
as elsewhere, outside trade was very light.
Sales ranged: July. SlSs@ slice, down to
sic, mp to S134c. 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
ing was firm, about 11sc over the bottom
price and ssc better than last night. June
sold at 10 and soc. July started AT sec; sold
at 49l2c, and closed at 507sc. Trading was
more active i'll oats; July delivery was raided
early in the day, being offered freely at
steadily declining prices, until there was "a
@17sc break from yesterday closing. The
general offerings were quite moderate, and
after certain large operators ceased offering
TO sell, the market recovered and advanced
amid many small changes TO lac to I3sc
above the inside, and finally closed only I2c
lower at 31l2c for July. Provisions were
quieter, trading being entirely of a scalping
nature. A weaker feeling prevailed and last
sales were at Il net decline of 7l2c on pork,
SC on lard and 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, sharp decline
would have resulted. June broke &c on the
offering OF $50 tierces. July closed at $50
GS42L2. July pork opened at S13.S5 and
closed at $3.50. Short ribs slow, with sales
for July at S750@7.55. and closed at $3.50
Q7.52l2.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2, June opened at Sic. closing
at SlI2c: July. Sl3sc. closing at SlAc: Au-
gust, S2Isc, closing at S2l4c; September,
S2lsc, closing at S2l2c Corn-No 2, June
opened at 49c, closing at 5OSSc; July. soc,
closing at sic; August, 505sc, closing at
511sc: September, 51lsc, closing ut 52Isc
Oats-No. ., June opened at 313ac, closing at
31l2c; July, 3l7sc, closing at 3lS4c: August,
267sc, closing at &c; September, zee,
closing at 26l4c. Pork, Mess, Per Bbl-July
opened at $3.50, closing at S13.75: Aug
gust. $3.50, closing at $13.S5; September
$685., closing at Sl3.95;; Lard, Per leo
IS 40; August, 1856. closing at $3.50;
September, $3.50. closing at S9.55; Octo-
Der. IS 62L2, closing at $3.50. Short Ribs,
Per 100 Lbs-July opened at $7.52l2, closing
at S7.52l2: August, $3.50, closing at S7.60;
September. S7.72l2 closing at S1.67l2 &.
Cash quotations were as follows: Flour
Duh and easier; local buyers doing little.
Wheat--No. 2 spring; soS4@s lac; No red,
S2e. Corn-No. 2, 4984@50c; oats-No 2,
3O7sc. Rye-No. 2, soc. Barley-No. Q, ii
@65c. Flax Seed-No. 1, S1.30. Prime
timothy seed. So I502. 20. Mess Pork-Per
bbl. S13.70. Lard-Per 100 lbs, $S.35. Short
Ribs-Sides (loose). S755; dry sailed Shout
ders (boXed), S6@625; short clear sides
boxed, Ss@S.U5. Whisky, Dstillers' Fin
ished Goods-Per gal, S1.20 Receipts
Flour, 10000 bbls: wheat, p 900 bu: corn
bu; barley, 5000. Shipments-Flour, 6, 600
bbls; wheat $4,000 bu: corn, LOG, 600 bu :;
oats. 10000 bu: rye, 1900; barley, 1000
bu. On the produce exchange to-day the
butter market was inactive; creamery, l5M
15l2c; dairy, l3l2Gl7. Eggs l4@14l2c.