St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-05-04
THE COMMERCIAL RECORD.
On the Chicago Beard Wheat Was Easy
at About Wednesdays
Figures.
Corn Was Somewhat Excited and Ad-
vanced---0ats and Provisions
Steady.
Transactions in the Financial Circles of
Wall Street.-The General
Quotations.

CHICAGO. May 3.-Reports from outside
points were very conflicting this morning,
but they only added TO the interest now at
tached TO the wheat trade. The opening
prices on change were slightly under last
night, but the first hour regained the loss,
and put prices at the top point touched on
Wednesday. The starting of the grain fleet
from Chicago last night with about 6OO,OOO
bushels of wheat, about 100000 bushels of
oats, and over 100000 of corn had very
little to do with prices. The reaction after
the opening was caused by buying by the
crowd, who had taken profits i'll realizing
rates for a day or two past, and were ready
to take hold again. The best points of the
day were touched about IL a. M. and the adj
vance would have been more marked but for
the liberal unloading of prominent oper-
ator, which caused a decline of about $sc
from the top. The principal crop reports
were from California, where it was claimed
that no amount of rain or favorable weather
could make half crop, and from Missouri,
where the outlook was better for crops and
helpful TO the bears. July wheat opened 4c
Off al S3l2c, sold at S3Ssc and up TO S44c
and closed at S35sc. Corn was firm from the
opening to the close, and few houses sup
posed to be short on May were obliged to pay
fancy prices to obtain ii. Gales for the
month ranged from 56S8c up to 57iSc, clos
ing at 81. Other futures were only moder
ately active, and after opening steady at last
nights figures made slight advances, which
were sustained to the close July sold from
55;4c. Oats were without special interest
except for May, which sold up to and closed
at 33lsc. The feature TO the provision mar
ket was the strength and advance in lard.
There Is a large outward movement to Liver
pool at 1Sc per 100 pounds and 5000
tierceS were taken here yesterday. Stocks
are low. There is a fair short interest, and
English parties who are long showa dispo
yanced 1G@15c May sold at S8.O5@S.15
and closed at SIS. 10. July advanced from
SIS. 10 to So % and closed at S.. 22l2 Pork
was slow. with trading chiefly in July, which
sold al S13. S0@13.95 and closed at $3.50.
Short ribs were quiet, with sales for July at
81. 42l2@17.50 and closed at 81. 47I2.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. May opened at SISsc, closing
at Slslc; June, 92ssc, closing at S2lsc: JULY
opened at 357sc, closing at SIC; June, 55sSc
closing at 555sc: July, 553sc closing at
555sc; August, 55l2c, closing at 55s4c. Oats
No. May opened at 3234c, closing at
32sSc, closing at 3212c; August, 2S5sc, clos
ing at 2SS4c. Mess Pork per bbl-May opened
at S! $50, closing at $3.50; June, Si3.SO
closing at $3.50; July. $3.50, closing at
$3.50. Lard, per 100 lbs May opened at
$s.o5, closing at ss.12l2: june. $50,
closing at SS.17l2: July, $50, closing at
S.. 22I2; August, SS.15, closing at So %.
Short Ribs. per 100 lbs-June opened at
S7.35, closing at 81 40; July, S7.45. closing
at S7,47l2; August, 1852, closing at $3.50.
Cash quotations were as follows: Flour
Quiet, but firm at former prices. Wheat-No.
spring, 9112@S1$4c; No. 2 red. STAG
Corn-,No. 2. 567S@57c. Oats-No. ., 3224c.
Rye-No. 2, 63l2c. Barley-No. 2, 77@7Sc.
Flax Seed-No. l, S1.45. Prime Timothy
Seed-S2.S5. Mess Pork-Per Dbl, SI3. 656
1870. Lard-Per 100 lbs. SS1G. Short
Ribs Sides Qoosel-S7.3 30. Dry Sailed Shout
ders (boxed)-S5.7 5@6. Short Clear Sides
(boxed)-S7. SO@7.S5. Whisky-Distillers' fin
ished goods, per gal, 81. Is. Receipts-W heat.
10000 bu; corn, IS. 900 bu: oats, 2l5, 900 bu;
rye, 5000 u; barley, II 900 bu Shipments
corn, 3,035, 900 bu: oats, $50 600 bu; rye.
1000 bu; barley u, 900 bu. On the produce
exchange to-day the butter market was
steady, with fair demand; creamery, 100
24c: dairy, 15@23c. Eggs in large supply
at 11@12l2c