St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-10-22
The COMMERCIAL RECORD.
heavy Buying by Local Operators
Gives December Wheat Big
Boost.
Corn and Oats Comparatively Neglected
Pork Alone of Hog Products
Advancing.
Financial Operations in the Monetary
Genters---The General Quota.
tfols.
Special to the Globe.

CHICAGO. Oct. 2O.-wheat was active ana
Strong to-day. Opening prices were slShuy
| lower, but anxious shorts bidding aSalhs'
Seach other. and the fact that there was niue
December for sale, soon put the price OF mat
Sption up 1I2c. For the forenoon sold from
SI.12 to SI.I3ss, and back TO S1.13. May
ga ted at SLIP, went off to silica, up 10
$I.I3H, returning to SLIPS. Afternoon
December bulged to 81. 16l2, May reaching
SI.I4 and November SI.I434. The deal was
said TO be entirely a local one, and the builS
received but little encouragement from
outside markets. The crowd gen
orally credited Hutchinson with the
disturbance, but there was evidence
that other strong local parties were buying
and all the talk regarding another corner
was revived. From the high point for the
session. prices eased off a trifle before the
close. Receipts were los cars. Corn sold
within narrow rance and closed at about
Yesterdays figures. Receipts, 5lo ears ana
1000 bu by canal. Oats were quiet ana
without material change Receipts, 2l4 cars
January pork mOnopolized the provision
maIketS, outside of this product uade being
very light. That option sold mp l2l2c, but
reacted and closed &c higher and November
7Isc higher. Lard and short ribs were steady
and shade better.
THE ROUTINE REPORT.
CHICAGO. Oct 20-MOre doing in wheat
to-day. but trading was decidedly local, and
the market strong. The unexpected again
happened to-day. Operators had gone home
Yesterday prepared for break III prices 10
day. but instead n sharp rally occurred:
Immediately from the start a good demand
existed. and although there was some trad
ing al lac below Yesterdays closing, prices
responded TO the demand, and advanced
with some fluctuations 4l2c for December,
and 214c for May. The buying was appar-
emily confined principally TO December,
which accounted for that future being carried
2I3c over Nav. Shorts naturally started
to cover, and the prices were helped along.
no doubt by other buying. The market held
up well to the advance, and the closing was
37Sc higher for December and 1S4c higher
for May than closing figures of yesterday.
Speculative trading in corn was on a limited
scale. the market ruling quiet nearly the en-
tire sale. There was very little outside buSl-
ness of consequence transacted, and local
operators were not disposed TO trade among
themselves TO any great extent. The mar
ket on the whole was featureleSS, and ruled
quieter than for some time. The open
ing was about the same as the closing
price of yesterday, after which 1t ruled dull
and neglected, and closed l4c better than
yesterday. Buyers Of mess pork took hold
fairly at the opening. Offerings were small
and the feeling rather bullish. Interest cen
tered in January, and first sales were at 7l2c
advance, sold up 92l2c, declined 12l2e, raj
lied 7I2c, reacted and closed steady at a
small advance over yesterday. Lard was
quiet and steady with no particular pressure
20 buy or sell. In short nib sides, the bulk
of the interest centered in January, but trad
ing only reached a moderate volume. \
steady feeling prevailed and prices ruled
steady.
THE GENERAL QUOTATIONS.
Wheat-No. ? October closed at S1.14;
November closing at Sl.14Ss; December
opened at SLIP, closing at Sl.I6ls; May,
Slip. closing at S1.14. Corn-No. 3 OctO-
Der opened at 43ssc, closing at 435sc;
November, 4384c, closing at 435sc; De-
eember, 40ssc, closing at 403sc. Oats-No.
2 October closed at 24Ac; November, 24sse,
ing at 29ssc Mess Pork, per bbl-No-
vember opened at S14.52L2, closing at
Sl4.57l2; January, S14:67l2, closing at
opened at $3.50, closing at S8.s7l2; Novem-
Der opened at $50, closing at SS.47l9;
May opened at $685., closing at SS.35.
Short Ribs per 100 ibs-October closed at
$40; January, S7.35, closing at 81; 37l2.
Cash quotations were as follows: Flour
quiet and steady. Wheat-No. 2 spring,
SII3I2@I.14: No. s spring, $4,000; No. ?
red, S1.l3l201.14. COrn-No. 2, 43l2c.
Oats--No. 2. 24$sc. Rye-,No. 2, 5ee. Bar
leyENo none saoa Flax bi,s se s1 500
Mess Pork-Per Dbl, SIS. .Lard-Per 100
lbs SS.S7I2. Short Ribs-Sides QooSe).
$50: dry sailed shoulders (boxed). I'M
changed. Whisky-Dist1lIers finished goods.
per gal, Sl.2O. Receipts-Flour, $4,000
bbls: wheat, $4,000 blu; corn, 100000 bu;
oats, 226,000 bu; rye. $4,000 bu; barley.
10000 bE. Shipments - Flour, %, 600
bhls: wheat 5000 bu; corn, 100000 hu;
oats, 163, 900 bu; rye 10000 bu: barley,
9S. 600 bu. On the produce exchange to-day
the butter market was quiet and unchanged.
Eggs lSI2c.