St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-01-11
The COMMERCIAL WORLD.
Provisions Wer g Lively Yesterday, But
There Was a Deadlock
In Grains.
The Receipts Of Live Hogs Vas Large
and the Price Cents
Higher.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
Special 10 the Globe.

Special TO the Globe.
CHICAGO, JAM 10.-There was a show OF
life in provisions this morning, but grain was
deadloeked. Receipts OF live hogs at the
yards We're only $4,000, and the price was DC
higher. This put May pork to S15.65. Lard
was easy and ribs firm. Grain cables were
rather bearish in tone, Liverpool being quoted
as "lat'' for wheat. For an hour wheat and
corn hung within lac limits. May wheat
ranged S37s6S4Isc, and May corn $3.50
b37sc. Trade in the pit was exceedingly
light. The tone of the grain markets became
somewhat improved as the day advanced.
Several large lines of short wheat were COW
cred, and the boys in the pit ran the
price up on them from SIC to S4l2c.
The demand then slackened up and the
prices fell back fractionally. The western
situation is very strong. There is an eX
cellent interior milling demand, and the
cash markets are generally very firm. In
Kansas City, for instance, good spot wheat
commands more than it does in Chicago, and
In the Northwest the feeling is firm. The in
terror movement is Stacking up considerably,
Isis now at the lowest ebb of the crop. New
York and Chicago markets are the weakest
on the list, condidition due probably TO
the fact that it is at those two points that
foreigners operate. and there has been very
free selling of wheat for foreign account
within the past ten DAYS. An excellent eX-
port and interior demand for corn, and light
receipts impaired TO that market
decided strength to-day. The price
of May walked from 535sc to
14sse and the tone was firm at the ad-
vance A fair degree of activity was noted
In the pit, but no revival of outside business
could be detected. Provisions remained dull
and firm all day. Price changes when they
occurred were in the direction of higher
range. At the afternoon session there was
but little trading, and prices were steady
and but little changed. 2:3O p. m. Prices
Wheat, 77l2@71sSc; February, 7S@7Slsc;
March, 7SA67S7sc; May, S4ss@S4l2o.
Corn-January, 49c; February. 49l4c March.
49I2c; May, 54ssc. Oats-May, 3434c. Pork
january, S15.12I2; February, S15.17l2;
May, SIS 57l2. Lard-January, S7.57Ia06;
February, $3.50; March, S7.91le07; May,
s.. S2I26S.50. Short Ribs-January and
February, S7S5; March, S7.95; May, s.. Is.
THE ROUTINE REPORT.
CHICAGO, Jan. 19.-An the markets on
change opened quiet and featureless to-day,
with but tritiing changes from yesterdays
closing figures. May wheat started in 1sc
higher at Sac and during the early part of
the session was very dull. Heavy purchases
later by several large operators got ii out of
The rut into which it had settled and turned
the market upward. BY noon May wheat
had reached SLICE and for half an hour was
steady around S4$sc. There were no features
TO tbs market outside this individual buying.
Corn opened unchanged with May at 53Ssc
but heavy buying to cover shorts soon caused
q sharp advance in prices, and May sold up
54i2c and closed at 53ssc. Oats sold
rather slow to take hold and business
dragged during the entire morning Arrivals
of hogs were disappointing and prices
higher. There appeared to be less DISPOSE
ton to sell product, and firmer feeling de-
veloped i'll pork, due to liberal buying by one
or two large traders, who had good orders,
and at times looked like all the crowd would
2l2c. advanced TO S15.65 ,receded to
SI5.52ls, rallied and closed at SIS 57I2
Lard was the weakest article on the list and
declined 5@10c, and closed at inside figures.
May opened at 81. 92l2, and closed at S7.S2l2
@7.S5. Short ribs remained steady with a
iaiT trade at S.10@S. 10 for May.
THE QUOTATIONS.,
The leading futures ranged as follows:
Wheat-No. =, January. 77c, closing at
77l2c; February, 77Asc, closing at Use;
March, 7SSsc, closing at 7SS4c; May, Sic,
closing at S4ssc. Corn-NO. 2, January,
4ssse, closing ,g,, at 49c' 5 February 4sl2e,
54Ssc. Oats-No. 2, May, 34sSc, closing at
34lsc. Mess Pork, per bbl-January, SI5.lO,
closing at S15.12l2; February, SIS. 30, clos
ing at SID 7l2;, May. S15;57l2, closing at
S7.65. closing at 81 57la; February, S7.65,
closing at $3.50; March, S7.75, clos
ing at S767l2; May, S7.92I2. closing at
7.S2la. Short Ribs per 100 lbs-January,
closing at S7.S5; February, S7.S712. closing
at S7.S5; March. S7.95, closing at
S7.95; May, SS.15, closing at SS.15.
Cash quotations were as follows: Flour
quiet and quotations withou; special change;
No. spring wheat 75l2c; No. spring
wheat 65l206Sl2c; No. 2 red. nominal; No.
2 corn, 4S7s@49c; No. = oats, 31ss@l32c; No.
Frye, 62e; No; barley, 73@e3c; No. l, flax
@2;43; mess pork: per Dbl, S15@l5, 10;
lard. per 100 lbs, $500: short ribs sides
Qoose), S7.S5; dry sailed shoulders (boxed),
S6@6: 10: short clear sides (boxed), SO. 20
@9.25; whisky, distillers' finished goods, per
gal, S1.1O; sugars, cut loaf, 7s4@S4c; gran
Mated, 7I2c; standard A. z. Receipts
Flour, 3S, 600 bbls; wheat 72,O0Obu; corn,
10000 bu; oats 10000 bu; rye, 5000
bu; barley, $1,000 bu. Shipments-Fl
$4,000 bbls; wheat, $4,000 bu; corn, 2O6,-
600 bu; oats, 10Y, 900 bu; rye, 1000 bu :;
barley, $4,000 Blu. On the produce ex-
change to-day the butter market was quiet
at 23@24e for creamery, and I6I2@l26c for
dairy. Eggs easier at Die.