St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-12-20
THE COMMERCIAL RECORD.
Everything Favorable 10 the Bulls, But
They Appear TO Be Scared and
Prices of Whea. Weaken.
Corn and Oats Extremely Quiet, and No
Activity in the Hog Products
Pit.
Financial Operations in the Monetary
Centers--TEe General Quota
tons.
Special to the Globe.

Special 10 the Globe.
CHICAGO, Dec. l9.-The movement Of wheat
was favorable TO the bulls this morning. but
the bulls appeared TO be scared. The only
pronounced bulls at present are parties al
ready long on the market. The crowd IS
bearish, but timid and afraid Of bull com
bination. Prices therefore, keep within
narrow range. After 1-cent range Tuesday
May closed exactly as on Monday at 81. 103s.
The price did not reach that figure at all to-
day May opened at Sl.10la, sold at 81 .097s,
SrI0H, S109i4. and up TO p. IN. the price
vIbrated between Sl.095s@1 L. 97s. Receipts
here were 80 cars with cars of No. winter
on special track, ana l car No. 2 spring
received. The cleGrances of wheat
were less than 3CG0 bu. at
Philadelphia. Baltimore exported 1900
barrels Of flour and New York few thous-
sand sacks Baxter was good buyer and
Lindbloom an open seller in the pit. Hutch
inson was doing business, but in q way that
gave no definite indication Of his intentions.
There was Il little bulge in wheat just before
the close, the price of May going from
$IO93I 10 81 I0ls and falling back to S1.09S4
at the close, or 7sc under last night. Corn
was dull, with prices ruling somewhat lower.
Receipts were below the estimate at 1913
cars with but 8 cars of contract
grade. Export clearances were be
low the average. The estimate for
Thursday was 80 cars. Out inspection
only ~, 600 bu Sales for the month were
at 34@341lc, closing at 34c. January sold
at 34A@ 3424c, closing OF 34I4c. May ranged
from SIC TO 37I2c. closing az 37I2c. The
market for oats was quiet and without special
features Shorts covered freely on the break
yesterday, and operated sparingly to-day.
Longs sold moderately and prices for May
declined 14c and the market closed quiet at
about inside figures at 2S$4c for May. Ar
rivals were lighter, ANA cash oats sold more
freely at a slight advance. There was less ac-
tiyity in hog products to-day, ard transactions
were confined mostly TO pork. Receipts at lead
ing packing points aggregated about the
same as enc year ago. At this point receipts
were estimated at about 10000 hogs and
some allowance was made for the storm i'll
cutting receipts. There was little show of
strength early with January opening sales at
1888 for ribs S7s2 for lard and Sl3 for
pork Short ribs fell back TO S6.77I2, and
remained there most Of the session. Janu.
airy lard sold at S7.S7I2, and later seemed to
be pegged at 81 81, with May at 81. s2l2. Jan
uary pork sold at Sl3.O7l2, back to SI2.s7l2.
and again up 10 S13 May touched Sl325
and 81 3 80 for the outside figures. Closing
prices for January were $3.50 for ribs
$7.77l2 for lard, and Sl2.95 for mess pork.
THE GENERAL QUOTATIONS.
Wheat-No. 9 December opened atS1 OLA.
rlosing at Sl.037s; January Sl.05, closing
AZ Sl.04% May, 81 lOl8, closing at Sl.09S4;
July, 81 .02S4 clt sing at Sl.O0l2. COrn-No.
December opened ut 81 lac, closing at 34c;
January, 34s4c, closing at 34c; May, 37Ssc,
closing at SIC. oats--No. 2 December
opened at 25l2c, closing at 2512c; January,
257sc closing at 255sc; May, 2S7sc, closing
1T 2ssic. Mess Pork. Per bbl-December
opened at 50, closing tSl2S5; January,
$3.50 closing at Sl2 80: May, $l3.37Ia,
closing at Sl3.32I2. Lard, Per 100 lbs
December opened at IS. l0i2, closing at
ssl2l2: January, 81 S2l2, closing at S7.77l2;
May, $3.50, closing at S7.s3. Short Ribs
ing at $3.50; May, 81, closing at $3.50.
Cash quotations were as follows: Flour
brm and unchanged Wheat-No spring
b .036sl / OBS No. 3spring, 90@9Sc; No
red, sl.03sSl .037s. Coru-No. =, 34c
Oats-No. 2, 253sc. Rye-No. ., 50l2c.
Barey-No 2,uone. Flax Seed-No. l,
klGll2. Timothy Seed Prime, $50 Mess
pork. per Dbl, SIS. Lard, per 100 lbs, SS.l2l2
Fs.l5 short ribs sides, loose. So. $4,000;
dry sailed shoulders boxed, S6.75G6. S7l2;
short clear sides (boXed), S6.37l2GlG. so
Whisky Distilers finished goods, per gal,
E.20 Sugars Cut loaf, S6SSsc: granu-
lated. 7l9c; standard "a" 7lsc Receipts
Flour, 200 bbls; wheat, 1000 bu; corn,
eS5, 600 bu: oats. 10000 bu; rye, 1000
10000 bbls; wheat, p 900 bu; corn, 3l2, 900
bu; oats, III, 900 bu; rye, 10000 bu; barley
5000 bu. On the produce exchange to-day
the butter market was duh and weak; fancy
creamery. 2S03uc; good choice, 23024c;
fancy diaries, 22@23. Eggs dull; fresh, zoe