St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-12-15
THE COMMERCIAL RECORD.
lively Trading in Wheat, Heavy Buying
by Bulls Bullying the
Price.
Corn, Oats and ALI Manner Of Hog
Products Fake a
Tumble.
Financial Matters in the Monetary
Centers--The General Quota
tons.
sneciolto the Globe.

Special 10 the Globe
CHICAGO. Dec. 1.-THE story was repeated
in the wheat pit to-day. The interest in the
market vas lively, but the trading for the
greater part of the session was light Hutch
inson was buyer early through his brokers
and through other houses, but his action
simply stcadicd the market during the fore
noon. little squirt Of buying early by Jones
Kennett and others put the price little over
the close last night. The range for May up
10 l p. n. was 81 .1O@4WL1llI; the reac-
fions, Sl.lII. to Sill TO Sllllz 10 SllIss
10 silica to Sill. January sold al SloG%f
down 10 81 .O62s. Receipts at primary points
227 900 bu against $50, 00o bu one year ago
today. Wheat here and elsewhere graded
very poor At this point receipts
were 30 cars with cars of winter and
car of spring Of the contract grade. lear
euces were less than 1000 bu from Atlantic
ports. The market here was scalPing one,
in which the big bulls took less part than N
yesterday. Provisions declined during the
most Of the sassiOn after opening steady aud
few cents higher for mess PORK. The dis
patches gave %. 900 hogs at the yards, and
prices easier before sales closed. In the pit
JANUARY ribs sold back 10 81, lard for the
same month to S7.s3l2. n loss Of l2l2e, and
mess pork down to 1910 for January and
SI372l2 for May, q decline of zoe from
morning prices. January pork sold at 1920
one year ngo Receipts of hogs at
elk leading packing points were $1,000
against 10, 900 one year ago. Corn
had little merit for the buyers. Considering
tie dizziness Of the market the I2c break to-
day made the stuff look cheap. The opening
prices were The best for the day. Sales for
The month were ut 34@34isc: January, 3iA
Cl3i24c. closing inside; May, 37i5G5J7@ic,
closing at37i4c, or Isc lower. Receipts were
By cans with 81 cars OF No. 3 oats were
weaker. and declined lsea5c. May was the
principal feature and showed the greatest
Secline. The weakness was due 10 large re-
ccipts-2i7 cars also to the break il corn
Trading was fair at ga 20asc for May, clos
ing at 29lsc bid; December, zee.
THE GOUTlEE REPORT.
Chicago, Dec. lf-Butside orders for
wheat were few. aud only moderate bust
ness was transacted. chiefly local, a nervous
feeling existing. At times large traders ap
pcarcd to be buying heavily then selling
freely, and il was difficult to declpher the in
tentious Of large operators. The opening
was higher than ihc closing figures OF yesier-
day. but the advance was quickly followed
by realizing. aud prices declined l@sc before
outside figures were reached, but not with
out some rapid Hucluation. ana closed about
Ic lower. The liberal outward movement of
gold had akeniug effect, besides which,
II was the impression that some traders had
sold freely early IN the session.
little more life was manifested in
corn and trnding at times was
fairly active. The feeling developed was
weaker, and offerings were considerably
l1rger than for some DAYS past. Opening
sacs were Gt about tie closing prices of yes
terlay after which the market became easy,
and prices declined CSC. reacted q triile. but
again became weak near thoclose. aud closed
bYUatc lower than Yesterday. The temper OF
the local crowd WAS "Dcarish. ana repeated
efforts were made 20 break tho market I'm
oats trading was fair. particularly during the
latter part of The session. weak feeling
prevailed due 10 the decline In corn and the
large receipts Prices for May declined ssc,
hut reacted Is@itc, and closed easy. De
Cculhcr was dull and I-c lower. A little
more interest was manifested in mess
pork and trading was quite active at
times 1hc demand was fair. and the
3 offerings were free, especially during
tho middle of the session. Opening sales
were made az 2i99f3c advance, but II weaker
feeling was quickly developed, aud prices
Tccedcd 22ls0 be. Towards the close the
feeling was steadicr, and prices rallied 2ie@
DC aud the market closed steady. decid
Cdly weak feeling was manifested in lfrd.
Opening sales were made az 3g7i2c decline.
ana further reduction of JEi7l2c WAS sub
miltcd TO- and the market closed taue.
Rather more business was transacted in ribs,
but the market WINS somewhat unsettled AT
the opening. sales We're made ut 2isc adj
vance but weaker feeling soon developed
aud prices rccodcd 7ia0luc. AZ the close
The murRei was steady, with little change TO
note in prices.
qHE GENERAL QUOTATIONS..
NhCg'-No. - December opened at 81 .03Ss
closing ul : 0i5s January. SlOGs4 closing
nj sl.U5-s; May Sl.llii. closing at SI.luii
Iotn-No. December opened at 3tl4c
closing al Bic; January, 3i9ic, closing al
3tlsc May, 31a4c closing at 31itc. Oats
NO. = December, &c; january. 26iSc;
MAY, opened ot .9&sc. closing at 29isc.
Mess Pork-tcr hhl, December, Sl330: Jam
nary opened al Sl36o, closing Mt Sl3.31ts;
May Sl391ts, closing az SlB.95. Lard
Pcr 100 lbs, December. closing at S7.92Is;
january, $50; closing M SGs2is May
S~.01lf closing at ST92ls. short Ribs
Per 100 hos. January opened at
S@5 a, 's. 7 e az s7' d e Nay d7
cash quotations were rs follows: Flour firm
RuduuchGnred Nhcat-No 2sprng. SLOia
WlOi6s; No, > spring, ISc; No . red,
Sl.OlVI. 0ias. CoTn-No. :, sic. Oats 40.
= Poe. Rye-N0. =, 52c. BaTey-No -,
Gle. Tree ou board. Flax seed-No. |. Sl.55.
per bhl, Sl3.31is6l 1890. Lard. per 100 lbs,
S. short ribs sides loose, S7@T.iO:
dry sailed shoulders boxed. S1@1I2ts:
short clear sides boxed. S7.37ls1t 30.
Nhisky-DiSullers' finished goods Der gal
Sl.2o. Receipts Flour, $500 bbls; WHEAT
10000 hu; corn. 23T 600 bu; oats, l5S, 900
hu, I'VE, $4,000 hu; barley, 10000 bu.
shipments Flour, 5000 bbls; wheat 5000
bu; corn 3S6, 600 bu; cats. 1872 600 hu:
rye ZOO bu. barley, l1,O01 bu. ON the
produce exchange to-day the butter market
was easy; fancy Elgin creamery, 3l@33c.
choice Western 266}21c; fancy dairy, 2.sb
2ic; good TO choice, 2o022c. Eggs dul
at ret a0d2Ic.