St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-02
The Monthly Deliveries Oh the Chi
cago Board Of Trade We're Fairly
Large Yesterday.
Several Reports Combined to Make
Both Grain and Provisions
Quite Strong.
Transactions in the Financial Circles OF
Wall Street.-The General
Quotations.
Special to the Globe.

contracts were made to-day. conslueI'.olo
quantity of wheat passed around. but DENY
cries of corn were small and OF pork next 10
nothing Several million pounds OF lids
were started on the rounds, the Packing ana
Provision company alone delivering out
1000, 900 lbs. Trading did not begin untli
10. 80 o'clock The crowd bought corn early
and put the price of May to 51S4c. Al thls
point the scalpers turned sellers ana reac'
ton occurred. This depression was only
temporary, however, and general demand
carried values back again toward meher
range. Poole. sherman q Co. were sellers on
the later bulge, but j. j. Bryant, for &. Z.
Walker & Co., took 500, 900 bu of their corn
I'm one block. and the market relieved
OF pressure became firmer and remained I'M
interruptedly firm and strong until the end
of the session. The pit was crowded from
start to finish and huge business was done,
which was astonishingly weak considering
the strength. In corn the prices advanced to
5OI205Oksc for May, at which point more
property was offered than the market could
absorb Dealings were on q limited scale,
however, and this prevented startling fiuctu-
atoms either way.
THE TONE OF THE MARKET
was sympathetically strong, but on its own
merit or rather on speculative sentiment OF
its own creation. 1t was soft, although
cables were better and statistics
are bullish, from whichever stand
point they are viewed as compared with yes
terday. Speculation in wheat was light; IN
terest Jagged nevertheless. The feeling all
around was better than yesterday Nothing
new transpired TO put life into provisions.
The market was firm, and at times really
strong, but the volume of business was
small, except in ribs, where fair degree of
activity was observable. Some of the wise
acres are trying to convince themselves that
the departure of Armour for Europe is bull
argument, but they do not make much prog
ress. At 2:30 p. IN. prices were: Wheat
March, 75l2c; April. 76c; May. 60ss@S0l2c;
June, SO5sc. Corn-March, 475sc; April,
477sc; May, 517s@52c; June, 52lac. Oats
March, 2S34c; May, 3112c; June, 315sc.
Pork-March S13. 92l2; May, S14. 10; June,
S1417I2. Lard-March, $40; April, $7.75;
May $3.50; June, $7.85. Short Ribs
March, 7.1712; May, S7.35@7.37l2; June
S7.45.
THE ROUTINE REPORT.
CHICAGO, March 1.-The monthly deliveries
Oh change this morning were fairly large in
both wheat and short RIBS and small in all of
the other articles. When the board opened
for business grains were strong and higher.
Export clearances from the seaboard were
large and i'll addition there was blizzard
raging i'll the Northwest while 1t was raining
in the winter wheat country and reports were
that colder weather was working TO the
south. These combined conditions were the
main conditions of the opening strength.
May opened 4@SBc higher at S0l2c. Wheat
was held strong by corn, though the trading
after the first hour was limited. There was
temporary break early caused by selling by
an operator who was inclined to sport the
market Oh bulges He broke May from S0l2c
to S0Ac. May advanced to s05Sc before
noon, but it was around SO12c the greater
portion of the day and closed at S05s@lS0l2c.
There was more strength shown in corn than
anything else on the floor. There was not that
persistent opposition to higher prices that was
seen in the tactics of few sellers in wheat.
Trade in corn seemed whimsical at times,
changing from buyers to sellers without a
change in quoted price. The tendency, how
ever, was upward. There was liberal buying
by several large operators with some outside
orders back of buying. May opened lS@Hc
higher at 50sS@50Ac and after easing off
slightly few sales by local operators ad-
Yanced to 517s@52c, the closing figures. A
frmer feeling prevailed in the oats market.
due to lighter receipts and firmer markets.
and more business was done, May opened
at 31A@31lSc, ranged between 3lls@31l2c
and closed at the latter figures. Provisions
were slow but steadier, the most strength
being III pork, which sold at Sl4. 05@ll4. 1212
at 81 .S0@7. S2I2 for May. Some parties who
bought short ribs yesterday were in the mar
ket as buyers to-day and took about million
pounds June at S7.45. Aside from their OPP
erations no important features were devel-
oped. Sales for May at S7.35 and June a.
S742l2@7 .47l2 and'closed at $7.45.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2, March, opened at 1850, clos
ing at 7512c; April opened at 757Sc, closing
OF nlnSin0 a
June, SOa4c, closing at S04sc. Corn-No. 2,
March opened at 4716c, closing at 473Sc;
May, 51SS78c, closing at 81 sc; June, Sic,
closing at 51l2c; July, 51$Sc, closing at
closing at 2S84c; May. 31Ac, closing at 11sc;
June, 31Ac, closing at 31Ssc; July, 3OAc,
closing at 3l20c. Mess Pork, per bbl-May
opened at $14.05, closing at $14. 10; June,
I6smJune opened at s7;s2!2, closing a at
April, S7.75, closing at S775 May, s.. So
closing at $50. Short Ribs, per 100 lbs
March, SITE, closing at $1:17l2; May,
81. 80, closing at $7.35; June, S7.42l2, clos
ing at S7.45; July, 1852, closing at 1922.
Cash quotations were as follows: Flour
Shipping demand slightly improved and
prices steady and unchanged. Wheat-No. 2
spring, .75l2@7Sa4c; No. 2 red, Sic. Corn
Rye-No. 2, 5912c. Barley-No. 2, 77@92c.
Flax Seed-No. 1, $1.45. Timothy Seed
Prime, So. 43@2.34. Mess Pork-Per Dbl,
S13.95. Lard-Per 100 lbs, S7.7O@7. 72l2.
Short Ribs,;Sides Qoose), $7.I5@7. 20; dry
clear sides (boxed), S7.50@7 .62l2. Whisky
Distillers' finished goods, per gal, S115.
Sugars-Cut loaf, 75s@sAc; graduated, 7l2c;
standard "a" Gaze Receipts-Flour, is, 900
oats, $4,000 bu; rye, 10000 blu; barley, So
600 bu. Shipments-Flour, 10000 bbls;
wheat $4,000 bu; corn, $4,000 bu: oats,
$4,000 bu; rye. 10000 bu; barley, 10000
blu. On the produce exchange to-day the
butter market was quiet and unchanged.
Eggs unsteady and supply increasing; 17l2@
Zoe.