St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-10-15
THE COMMERCIAL RECORD
an Unsettled Neutrality-suspicious. Desir-
ing to Let Go of December
Wheat.
Corn Firm, Gals Steady, Eog Precincts
Receiving Comparatively Lit
tie Attention.
financial Operations in the Monetary
Centers---The General Quo
tations.
Special to the Globe.

Special to the Globe
CHICAGO, Oct. 13.-The wheat market even
to the close was the slowest for three weeks.
The outside range was less than &c, and a
few minutes before the close the price of De-
cember was but I2c from last nights price.
Receipts at primary points for the week were
about 100.000 bu short of last year. The
receipts here this morning were but SO cars,
with 5 cars of No winter and 1 cars of No.
2 spring. Outside markets appeared to be
waiting for definite action here. At all other
points May was from &c to 4c premium over
December. Here December was about &c
over May. This is due to the fear of a cor
ner in December. At 1 p. m. october
was nominally Sl.l4A, and November
Si.15. December sold at 81 1912 and Sl.l7A
early, but the greater part Of the session the
price was close around SI.16. May sold at
S1.l4l2 and Sl.l5Is. The impression was
general that the bulls have had their day
for the present, at least. Corn acted with
wheat somewhat to-day. That is. there was
a dip early of few fractions and a strength
later which caused prices to close steady or
better. October sold at 44s4c and 45l4c;
November at 45c and 45I2c, closing at out
side prices. December closed at 41c and
May al 39Lc. Receipts were less than the
estimate, at 472 cars; of this number SO
cars were graded No. 2. Out inspection
was 81, 900 bu. Charters to-day, 10000 bu.
Receipts of oats were 269 ears. October sold
at 24c and 24Ssc, November at 2lSsc and
21s4c, closing at outside prices. Provisions
shared in the general dullness, and there was
little of interest in the market. Pork closed
7l2c lower for November, at S14.S7l2, and
with the same loss on January. at Sl4 42l2.
The latter option sold at Sl4.4 G145O.
November lard sold at SS.55GiS s. 60. closing at
the outside, or 2I2c higher than last night;
January closed at SS.11l9. October ribs
ranged at SS37l2dS 80. closing at the former
figure, with January S7.27l2, a decline Of 90
lilac.
THE ROUTINE REPORT.
CHICAGO, Oct. 13'-In the wheat market
The general situation continues about the
same, though business was much lighter
than for several days past. There. is a gen.
eTal disposition 10 get out of December, aud
trading centered principally in the May flu
ture, especially by operators who favored
short selling. A dull feeling prevailed. The
tendency evidently was bearish, but oper-
ators feared selling the December future.
The opening did not vary very much from
the closing of yesterday, with prices declin-
Ing 5sc for December and sc for May, then
rallied Is 4e for December, but only 7sc for
May: again eased off, declining ll2c for the
former and s4c for the latter: reeled within
moderate range, and closed &c higher
yesterday. Trading in corn was confined
almost entirely to local operators, very little
business being transacted, and the market
ruled quiet most of the session. 1t closed
shade better than yesterday after fuctuating
in a $s@ll2c range. There were no new
features, and the market was governed en-
tirely by local influences. Trading in oats
was rather less than yesterday. but steady
feeling prevailing with the changes in values
confined TO an unimportant range Mess pork
was slow and without any important feat
ures. January was offered with a fair de-
gree of freedom, and declined 7l9c. rallied to
SC, but closed easy at about inside figures.
A light business was transacted In lard with
IN a narrow range Of prices. Short ribs re-
ceived moderate attention, and sold at
lower range OF prices.
THE GENERAL QUOTATIONS..
Wheat-No. 2 October opened at 81. 14A.
closing at S1.14H; November, closing at
Sl.14s4; December, $l.l6lS, closing at
$1.16ls; May, Sl.15ls closing at 81. 14ss.
Corn-No. 2-October opened at 447sc, clos
ing at 45Ac; November, 45sBc closing at
May, 39ssc, closing at 39Ac. Oats
No. 2, October opened at 24c, clos
ing at 244sc; November, 245sc, closing at
24S4c; December, 2514c, closing at 25SSc;
per bbl-November, opened at S14. 40, clos
ing at Sl4.37l2; May, S14.72l2, closing at
S14.62l2. Lard, per 100 lbs-October opened
at 500, closing at S9.l2i2; November,
closing at $500; January, Ss.17I2. closing
at SS.17l2. Short Ribs. per 100 lbs
October opened at $3.50, closing at
SS.3742; January. $3.50, closing atS7.27l2.
Cash quotations were as follows: Flour
Cash steady and unchanged. Wheat
No. 2spring, 81. 13A@l. ID; No. 8 spring, 90
@19Sc; No. 2 red, Sl.l3A@1.14 COrn-No.
2. 45Hc. Oats-No. ?, 24l4c. Rye-No. 2,
55I2@5Sc. Barley-No. 2 nominal. Flax
seed--No. l, $50. Timothy Seed-Prime,
S1.5O. Pork-Mess, per Dbl SIS. Lard-Per
100 lbs, So l2I2@I5. Short Ribs-Sides
0oosel Ss.55@920. Dry Sailed Shoulders
(boxed), -S9.N@s,75: Short Clear sides
(boxed) 50. l2l2@9.25, Whisky-Distillers
finished goods, per gal, 81 20. Sugars-Cut
loaf, unchanged. Receipts-Flour. 1000
bbls; wheat. $4,000 bu; corn, 276,O00 bu;
oais, 237. 900 bu; rye, $4,000 bu; barley
90, 600 bu. Shipments-Flour, $4,000 bbls !;
-. wheat, 81, 900 bu; corn, 100000 bu; oats
165, 900 bu: rye, 4, 600 bu: barley. 81 900 bu
On the produce exchange to-day the butter
market was steady and unchanged. Eggs
steady and unchanged