St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-11-20
The COMMERCIAL RECORD.
Wheat Keeps the Crowd Guessing and
Finally Closes Away Under Sasur-
days Figures.
Good Trading Helps Corn---0ats Hold
Firnl---H3g Products Gaining Sey-
erai Points.
Financial Operations in The Monetary
Centers-.-The General Quota
tons.

CHICAGO, Nov. I9.-Wheat kept the crowd
guessing all the session. 1t opened lie lower
atSl.Io for December and S1.l2 for May.
There were dispatches OH the floor announc-
ing % boat-loads taken for export at New
York, but the fact was not made known until
December touched S1.09, and May Sl.11l2.
Then there was halt and a rally. Through
i. g. Logan d Co. il was learned later that as
high as 45 boat-loads were taken, part for
November and part for December shipment,
but the character of the wheat was not stated.
The dispatches were influential enough with
0uying Hutchinson and others to put
December TO S1.10l2 and May to Sl121S,
or very near The closing prices Saturday.
The rally was of short duration. and at D.
III. May was back to Sl.lls4. Wheat was I'M
settled TO the end of the session, with the
close for May but lsc over the bottom point
Ut $1. les, or 1ssc under Saturday. 1t was
riaimed that Jones Kennett bought very
heavily from the bottom upon the rally.
Even conservative men, who have been bulls
before to-day, said that if Fairbanks is out
of wheat here, as recent sales DIV Schwartze
Dupee and Jones Kennett would indicate.
and with no new influences, it must be con-
cedcd that there is little prospect of any i'm
mediate strong reaction. Receipts here were
90 cars with % cars Of No. ., of which IL
ears were billed through. The visible supply
increased AL, 600 bu or about as much as
expected. Corn was marked by fairly good
miscellaneous trade without any preponder-
sting influence. The cash demand helped
November to close about steady, while De-
cember closed I2c lower. Cash sold at 39s4c,
closing at Zoe bid; November sold at 3S$4c.
down to 3Sl2c, up to 3375c, and closed at
3SS4e; December, 3sAc, up TO 39l5c down to
39c, up TO 3SAc, and closed at Csc; May,
5S5s@3S7sc, closing ct 3ssl03S7Sc, Re
ceipts were larger than expected at $50
ears with 40 ears No. 2. The Visible sup
ply of corn decreased q trifle over 100000
bu. Oats were dull, and prices were not dis
turbed. An improved hog market, light ar
arrivals at packing points and higher Llv-
erpooi lard market together with Hutchin-
CONS influence, opened provisions higher to-
day. The early bulge, however, flat;ened
out more or less as the day wore away, espe-
t-ially in pork. Lard closed 100l2i2c higher
than on Saturday. January pork sold from
$14.93 down to Slate, closing at SD .s2la.
or &c below SATURDAY. Hutchinson sold con-
siderable January pork and seine lard and
ribs Singer and Robson buying the first
named January ribs closed at S7.52l2. e.
THE ROUTINE REPORT.
CHICAGO, Nov. 19.-Trading in wheat was
somewhat larger to-day principally local,
though there was fair sprin&ling of outside
orders. The feeling seemed unsettled aud
prices averaged considerably lower. The
opening was heavy: being n continuation of
the weakness existing at the close of last
week Early sales were made at l0lI4c be-
low closing figures Of Saturday, and sold off
iac more. then with some irregularity ad-
Yanced 1shc. under good buying, again de-
eiined, and the closing was Ac lower than
Saturday. The early decline was assisted
some by the week feeling abroad, public I'D.
vices quoting dull and easier markets, and
late private cables Id decline. Home markets
were all lower. and there was considerable
pressure TO sell. While the market was
at its lowest point, however. advices were
received from New York reporting the TAX
ing of some twenty-siX boatlords for Lisbon,
one cargo TO be shipped this month and the
balance early next month. This suddenly
developed a better feeling and was account
able for the subsequent advance. Parties
who had sold freely during the morning
commenced to cover, and there was some
heavy buying by one or two houses. which
for the past few days had been reported as
large sellers. Aside from the covering Of
shorts there was not much doing. and when
the most urgent call from this source was
filed. the market again settled back. Corn
was moderately active. though st times com
paratiyely quiet. Trading, however, was not
concentrated so much as ii has been OF late,
there being more of miscellaneous business
lraIS1ctcu. 4 IiC IeeilHS WIS QuOtdD1y SleaOE
early in the session, but toward the
close developed some weakness. Opening
sales l401l2c under Saturday closing figures,
The market being firm for time, then sold
off I2c, reacted I4c, and closed Ss@l2e lower
than Saturday. In oats the near futures
were neglected, but moderate business was
transacted in Nav within narrow range.
Quite a good speculative business was trans
acted in mess pork, and the market was
stronger. Fairly sales were made at ga, 712c
Rn q
weaker feeling was developed and prices de-
clined l2l2M15c. slight rally followed,
and the market closed rather quiet. Trading
was more active III lard, and the feeling was
decidedly stronger Prices ruled 10Gll2I2c
higher, and the market closed steady. A
little more was dong i'll short ribs, and the
market was steady. In some instances slight
advances were paid, but not supported to the
close.
THE GENERAL QUOTATIONS.
Wheat-No. Q November closed at Sl.O9;
December opened at 81. 10, closing at S1.O9l2
January, Sl.d9l2, closing at S1.10S; May,
$1.l2, closing at Sl.l5ss. Corn-No. 2. No
Nember opened at 39a4c, closing at 39s4c;
December, 3SAc, closing at 3Se; January,
SIC closing at SIC; May 3sslc, closing at
;iS$4c. Oats-NO. 2. November opened at
2534c, closing at 25Ssc: December 25Isc,
closing at 25!se; May 297sc, closing at 297sc.
Mess Pork, Per Bbl-November closed at
S1177la; December closed at Sill 77la; Jan
nary opened at $1495; closing at S14. 82l2;
May Sl5.12l2, closing at Sl5.02l2. Lard,
Per 100 Lbs-November opened at So AN,
closing at $3.50; December, $3.50, closing at
$40: January, S. 7l2, closing at So. 32is;
May, Ss.42l2, closing at $3.50. Short Ribs,
Per 100 Lbs-January opened at 1885. clos
ing al S7.52l2; May, 1915, closing at $40.
Cash quotations were asfollows: Flour nom
nally unchanged. Wheat-No. 2 spring.
$1.0SI2@1.t9: No. 3 spring, 92@95c; No.
. red, S1.OSle@1. 90. Corn--N0 Q, 4Oc
Oats - No. .. 25s4c. Rye - No. 2, 54l2c
Barley-No. .. 71@7Sc. Flaxseed-No /,
SI50l2@L51. Prime Timothy seed. 81 As.
Mess pork, per Dbl, Sill s7i2@l 400. Lard,
per 100 lbs, $3.50. Short ribs sides
tloosel. S7.55@7; 20; dry sailed shoulders
tboxed), S7.31l2@750; short clear sides
(boXed), SO. l2i2G1S.25. Whisky-Distillers'
finished goods, per gal. Si.20. Sugars-Cut,
loaf. e1a@sl2c; granulsted. 7lac; standard
A. 7i4c Receipts-Flonr. 10000 bbls; wheat,
30, 0G0 bu; corn, 1863 900 bn: oats, Ill 600
bu: rye. 1000 bu; barley, SO, COZ bu. Ship
ments-Flour, 1000 bbls; wheat 35, 600
bu; corn, 100000 bu; oats, 11S,0O0 bu;
rye, 1000 bu; barley. 6S,c0O bu. On the
produce exchange to-day the butter market
was firm and unchanged. Eggs firm at 81
G22c.