St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-01-14
THE COMMERCIAL WORLD.
On the Chicago Board of Trade Yester-
day the Interest Conferred In
Provisions,
Tie Grain Markets Being Almost Fea-
tureless Throughout The En-
tire Day.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
Special to the Globe.

Special to the Globe.
CHICAGO. Jan. IS.-Provisions opened
higher on light receipts of hogs at the yards
and on the Price Currents estimates These
estimates We're known yesterday and their
effect discounted, 50 that factor was soon eX-
hausted. One dealer sold about 1000 barrels
more of pork from So down to SI5.25,
and another gave the crowd about 5000 bar
relS more, which carried the price to S15.17le.
The market then reacted 10 Sl5.25; and held
steadily for some time around that figure.
Grain was feaurelesS. 1t was scalping
market. rather heavy, but without positive
tendency downward. May wheat ranged
S4SsQ Sic the first hour, and corn 54SsDoIc.
Trade is very light. and the market is eS-
tremely narrow. The price of May wheat
got up TO SIlsc, and there was fair trade in
d small way above S44c. In corn there was
q firm demand at sic. Early trading was
with a view of breaking the market, but as
everybody seemed 10 want some at 54e, the
temper changed. and the market became very
steady. The absence of the outside public
is becoming more painfully apparent day by
day " hat is now wanted is something to
stimulate speculation activity. The trade is
getting into about the shape it was last
August and September, languiShing. Pro-
visions were held very steady on the light re-
ceipts Of hogs, but there was no marked re-
newal of buying for country account, and
toward the close experienced professionals
thought they could detect symptoms OF
weakness. At the afternoon session pro-
visions weakened little from the D. NJ
prices ana pork sold 4tac lower. Wheat
and oats solu shade lower for May, while
corn closed steady. 2:30 p. m. prices
Wheat, january. 777Sc; February, 7Slsc;
4Ss4c; FEBRUARY. 49c: March, 49Ee; May
544c. 0ats-May, 344c. Pork-January
S1470; May, So I2l2Gl5; Lard-January
and February. ST.42l2: March, S7.52l2;
May, S7.67I2 Short rios-January and Feb,
ruary. $40; March. 81 .S2I2; May, IS.
THE ROUTINE REPORT.
CHICAGO. Jan. I3-1he grain markets on
change were almost featurelesS to-day, in
tereSt again being centered largely in the
provision pit Wheat and corn both opened
unchanged though The receipts of both were
a great deal Glow the estimate. May wheat
started at S4Ssc and May corn at 54Ssc.
Wheat developed some weakness as the ses-
sion progressed. The crowd went long
aver night on expectations of further ad-
nnces today, but as there was little demand
5he stun was gradually put on the market
causing May wheat TO decline to Sic Corn
followed wheat dowD and touched 54c.
when wheat reacted Ia Sic. May wheat held
closely 10 Sic until just before the close,
when buying by a local house put little life
into il. causing il TO advance to S4Ssc, at
which figure il closed. Corn was absolutely
featureleSS throughout the day. May kept
Y.
Provisions were again the leading feature,
The influence of light receipts of hogs and
higher prices. May pork opened at $3.50,
in advance Of Ice. The market, however,
did no; hold up as well as expected, and
under rather free selling May pork declined
in the first half hour TO Sl5.11l2, then re-
acted and became steady around o.22l2@
1925. and later under the influence of 4
brisk demand sold back to 5.27Ie915. SO.
1t. however, id not remain there long, but
again reacted and the close was at Slo. 12t2
@15. Lard and ribs followed the fluctua-
tons of pork very closely. May lard opened
short ribs opened at $500 and closed at So.
THE QUOTATIONS..
The leading futures are as follows: Wheat
No. ., january, 17i2c, closing at 117see;
7Ss4c, closing at 7S7sc; May. S4s4e, closing
az S4$sc. Corn-No., =. january, 4oac,
closing at 4Ns4c; February, 49c, closing
at 49c; March, 49l4c. closing at 4914c; May,
54sse, closing at 54i4c. 0ats-No. 2, May,
344c. closing at 344c. Mess Pork, per
bll-May, S15.41, closing at SIS. 12l2.
Lard. per 100 lbs-January; S7.47e closing at
March, S7.52l2. closing at S7.52i2; May.
S7.75, closing at S7.6zl2. Short Ribs,
per 100 Rs-Janu"ry sz.75' oS closing at
SSS N EsGFRary sz3o' ef ele51pg at at
s7,s2I2; May, $500, closing at IS.
Cash quotations were as follows: Flour
quiet prie es steady and unchanged; No. 2
spring wheat, 77Ss@7ee: No. spring
wheat, zoe; No. 2 req. S2l2c; No. 2 corn,
44340447Sc; No 2 oats, 31I2e; No.2 rye, &C ;
No. bailey 73@ S3c; No. l flax seed,
61.44E2; prime timothy seed, S2.43@2.46;
mess pork. per Dbl, S1475@lI.S5; lard. per
loo lbs, STD: shert ribs sides Qoose),
S7.75; dry salted shoulders (boxed), $3.50
&c: short clear sides (boxed), S.. 15@S. 20;
whisky, dislillers finished goods. per gal,
Sl.lO; sugars, cut loaf, S@S12c; granu-
lated 7I2c; standard A &c. Receipts
Flour, 5000 bbls; wheat $4,000 bu; corn,
$4,000 bu; oats $4,000 bu; rye, 5000
bu; barley. $4,000 bu. Shipments-Flour,
900 bu: O oats. 5000 bU rye, ' 100 ba;
barley, $4,000 blu. On the produce ex-
change to-day the butter market was quiet
at 22G3ll2c for creamery and l6l201Sc for