St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-10-29
The COMMERCIAL RECORD.
Heavy Buying by Big Local Operators
Sends Up the Price OF
Wheat.
Germ aud Oats Sag, Hog Products TAX
ing a Big Jump. Owing to
Large Deals.
Financial Operations in the Moneiary
Centers--Fhe General Quo
taiions.
Special to the Globe.

EpGCidl " tiIG OtObS.
CHICAGO, Oct. 27.-Wheat started strong
and about Ice over last night for December.
Its course was upward and there was moth
ing in existing conditions 10 warrant any
one in selling big line short or 10 cause @;iy
but the TeSa- nsiiie1ti 10 unload. Receipts
here were ninety-two cars, with but fifteen
ears winter and five ears spring OF the con
tract grade. The character of the trading
here was little changed from yesterday. Lit
tie was done in November, which started nj
SI.155S, sold TO SILICA and back TO 81. 10.
The big trading was in May. There was
enough buying of May and selling OF Dccem-
Der to put May at lc premium. There was
buying of both December and May early.
and December Went from Sl.17 to
SI.1S, and May from SLY 10 Sl.lS5s.
From these figures tire was
decline of about lac On realizing and selling
by those who thought the top for the day
was reached. Before noon, however. there
was another bulge and May went up TO Sl.l9
with December at Sis. Corn was weighted
down to day and the advance of yesterday
WGs more than lost. The receipts were OBJ
cars, with 355 cars of contract grade. Hutch
inson was a seller of the deferred futures,
and the crowd sold November. The estimate
for Monday, 763 cars, caused added weakness.
4II2c TO open and down to Hose TO close. Oats
were as featureless as on former days, and
closing prices were simply l5c under last
night Receipts, 2l2 cars; estimate, POI
cars. In provisions mess pork opened lower.
Hutchinson bought & little January pork, and
under general buying by shorts. that option.
which opened at S14. %, advanced to SLID.
closing at SI4. 42l2 Hutchinson bought
about LOCO. 200 January ribs on the call the
Chicago Packing company being free sellers.
That option ranged at S7.2507.32l2, clio sing
at the outside an advance of sc. November
lard sold at SS9S. OTI2. closing sc lower than
yesterday.
THE ROUTINE REPORT.
CHICAGO. Oct. EN- wheat a moderate
business was reported. There was nothing
new in the general situation and the market
a local one, with outside influence appaT
emily having little effect. The opening was
somewhat unsettled, with sales from lac be-
low to &c and Ice abOYe yesterdays closing
figures: then advanced. with some Huciua-
tons 1@2c above early inside figures, with
May taking the lead and at times ruled lc
over December. The closing was about Use
higher for December. and lac higher for
May than yesterday Corn Wes traded IN
moderately at lower range of prices, the
feeling prevailing being one OF easiness.
Opening sales were about &c Under
The closing prices OF yesterday.
when offerings became quite heavy,
and the market gradually declined ssc. react
ed ssc, ruled easy and closed $50 Sac lower
than Yesterday. Oats were neglected. aside
from small business in May. Prices were
about the same as yesterday, with no fiuctua-
uons. Mess pork attracted Il little attention
early in the day and January delivery was
advanced 15@20c. Later the market ruled
quiet and prices declined 2l2@5c. Lard was
only moderately active and the feeling
somewhat unsettled. Early the market was
Str rI1lad lisa no biThpP
but soon settled back again and ruled quiet
10 the close. In short rib sides tTading was
moderate, with the bulk of the purchases ny
prominent local operator; Prices ruled 2i2
Q5c higher, and closed rather steady.
THE GENERAL QUOTATIONS..
Wheat-No. October clos ed at 81 .16: No
vember opened Isl. 1858. closingR SLICE:
December, Sl1Tl4, closing at Sl.lS; May,
tober opened at Ale. closing at 4o7Sc; No
vember opened at 4ll2c, closing at 407sc;
December, 395sc, closing at 39sSc; May,
3Slac. closing at 3Ss4c. Oats-NO. > Octo-
vember opened at 24l2c, closing at
24I2c; December, 2Jl8c, closing at 25lsc;
Nav, 29I4c. closing at 2914c. Mess
Pork, per bbl-October closed at S14.50;
November closed at Sl44O; January
opened at Sl425, closing at $l4. 42Ia;
May, SI4.65, closing at Sl4.70. Lard, per
100 lbs-OctOber opened at SS.12la, clos
ing at SS-l2l2; November, SS.O7l2, clos
Ing Ass January. SS-O2t2. CLOSING at SS.O2l2;
May, So 10. closing al $500. Short Ribs,
per 100 lbs-,october closed at $3.50: Jan
uarv opened at S7.25, closing at 1929.
Cash quotations were as follows: Flour
quiet. firm, and nOminally higher, miIlers i'll
some instances asking 15@25c advance.
Wheat-No. 2 spring, S115l2@ !. 10: No.
5 spring, 95e@S1: No. red, SI.15l2@
1.16 Corn-No, .; 40Isc. Qats-No. .,
24S5c. Rye-No. =. 56l2c. Flax Seed
No j. sI.47@l.47l2; prime timothy seed
sl.4s@l.5O. Mess Pork-Per Dbl, S145U.
Lard-Per 100 lbs. Ss1212. Short ribs
sides Qoosel, S75OG7.55; dry salted Shout
ders boxed, $50 s. %; short clear sides
boxed, SS.12I2@S.25. Whisky-Distillers
finished goods. per gal. Sl.20. Sugars-Cut
loaf. 914@S12c; graduated, use; stan
dard A, use. Receipts-FIour. 10000
bbls; wheat, 1900 bu; corn, 16S,00O bu;
oats 10000 bu; rye, 1900 bu; barley
$4,000 BIZ. ShIpments-Flour, II 900
bbls; wheat 10000 bu; corn, 3Ol.OOO bu;
oats, $1,000 bu; rye, 5000 bu: barley.
$4,000 Gu. On the produce exchange to-
day the butter market was quiet and
steady; E1gin creamery, 26l2027l2c: choice
western, 23G25c; fair to choice dairy, 1SGl
ore Eggs not 0uOfel