St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-11-19
The COMMERCIAL RECORD.
Heavy Selling by Operators Causes a
Heavy Shrinkage In
Wheat.
farm Also Tumbles-..Oats Close With
out Chanse.--Pfovisions Advance a
Few Points,
financial Operations in the Monetary
Censers---The General Quota
lions.
Special to the Globe.

Specl0I 10 tDe GlODe.
CHICAGO, Nov. 1.-THE early part Of the
session brought no special activity to wheat
and I'D to noon it looked like a dull day, with
prices only a few points lower than last
night. 1t was after the close at New York
that trading began here in earnest There
was heavy selling by Schwartz-Dupee and
Jones Kennett. The wheat was taken by
Ream and Hutchinson and the crowd
Hutchinson, up to p. M, was good puy
below ST. for May. One operator re-
marked that he would not make the crowd
buyers next week. They are all long now,
said another broker. IF not, who has taken
all the wheat sold here by the big fellows
for a few days." Ream took the cream to-
day, selling at the top and buying at the bot
tom. The trading from Il IN. to p. m. was
very heavy. Shortly before L O'Clock the
sharpest decline occurred. May had sold
from 81 TO Sl.l3sa and up to Sl.14l4.
In ten minutes the price went off to Sl.l3.
The close at New y DIRK was bnt lac under last
night, but ten minutes before the close 1t
promised to close &c lower here. 1t was
claimed that dispatches from the Northwest
stating that there was no milling de-
mand for the wheat, and that Ii would
have to be carried over added to the bearish
feeling here Just atthc close. The last sales
were OF the bottom of the day, November
Sl.l0l2, December S1.ll. May Sl.l2 1t
was question at the close whether corn was
the duller yesterday or Today. Hutchinson
or his brokers were offering corn qnte
freely all the session. There was no buying
of cash. as on previous days, and cash ana
futures went went down together. Cash
sold as low as 4Oc, and the only price for
November was 39$4c early closing at 3Sl2e,
rl1- IN
or l4c under last night. Receipts were
3u4 cars. Charters were the lightest ofs the
week, $1,000 bu. Oats closed without
change of price from last night, except lac
lower for December. Receipts, 12S ears.
Provisions were strong and higher under
the lead of lard Hutchinson was credited
with bulling pork, and light aggregate rnn
at the yards for the week also added strength
TO the market. Lard was 25c per 10 pounds
higher in Liverpool, and there was also
good cash demand, which helped November,
that option advancing 15e. january lard
closed at SS.22l2, q gam of 10c January
pork went from $11.7o to S14.90 closing at
S14.S7I2. an advance over last night of
17l2c. January ribs advanced SC.
THE ROUTINE REPORT.
CHICAGO, Nov. 17.-Wheat was quiet and
dull with market heavy and prices weak and
or three days weakness. The opening was
1s@14c lower than yesterdays closing, rallied
TO the extent of the decline, and after some
slight fluctuations, declined 1l2c, and closed
weak about 1l2c decline from yesterdays
closing figures. There was trjfie more do
ing in corn, still trading was of limited
character and fluctuations narrow. The feel
ing generally was easy, though at times eX-
hibited sincere steady The market OPEN
at yesterday closing figures. Was moderately
active for q short time. became dull and
easy, closing l3@24c lower than yesterday. A
large local operator was reported as selling
moderately of all the most distant de-
liveTies. There was some covering by local
shorts. Trading in oats was light, and the
change in price insignificant. In mess pork
trading was quite active. especially for Janu-
airy. delivery and market firm. Prices ruled
15M2,le higher; and the advance was we'll
maintained. In lard a fair trade was re-
ported. and the feeling was lGGGl2lac higher
and moderately well supported. In short
rib sides the market was moderately active
and prices 2la@5c higher. Offerings were
only fair and demand quite active from
shorts.
THE GENERAL QUOTATIONS..
Wheat-No. November opened at SLIP,
closing at 81 1Ol2; December at ST. l 25s clos
ing at Sill; January, Sill, closing at
81. 109l2; May, 81. 4&S, closing at S1.127s.
Corn-No. 3 November opened at 3934c,
closing at 39$4c; December, 33S$Sc, closing
at 3sL2c; January, 37I2c, closing at 37lsc;
-,
November closed at 25$4c: December % sc;
May opened at 2934c closing at 29Bc Mess
Pork, Per Bbl-November closed at S14 so;
December, at SLIT; January opened at
S14.70; closinga at Sl1S7i2, May. $15, clos
ing at Sl5.o7i2. Lard, Per 100 1bs-Novem-
Der opened at S.. 80, closing at $40: De
cember, $50; closed at S9.27i.: Janu-
airy, SS.l5 closing at IS OLD May, S.. 32I2,
closed at SS.37l2. Short Ribs. Per 100
Lbs-January. opened at $3.50, closing at
81 5"I@. Nav. 81 IS, closing at $40.
Cash quotations we're as follows: Flour quiet
and unchanged. Wheat-No. 2 spring,
$I.1C@l.l u: No. spring, 92@95c; No.
= red, Sl.1U@1.l0l2 Corn-No. 2, doc bid
Oals--No. 2. 2514@26c. Rye-No. 2, SOC
Barley-No. 2, nominal. Flaxseed-No. !,
Sl.50. Prime timothy seed. S1.4SM1 40
Mess pork, per Dbl, S14 S7i2D15. Lard, per
100 lbs, S.. $50 g. y. Short ribs sides
(loose). S7.5 G57.70; dry sailed shoulders
(boxed). S7.37IeG47.50; short clear sides
(boXedl, SS.12l209.25. Whisky-Distillers'
finished obs, per gal, Sl.2O. Sugars-Cut
loaf, SA@sl2c; graduated, 7lac; standard
A, he. keceipts-Flour. II. O0Obbls; wheat
10000 bu: corn, 162. 600 bu: OATS $4,000
bu; rye, 6,OOO bu; barley, $500 blu. Ship
mcnts-Flour, 40 Q bbls; wheat, 1900
blu; corn, 100000 bu oats, 10000 bu;
rye, 10000 bu; barley. CO. 90 bu. On the
produce exchange to-day the butter market
was firm and unchanged. Eggs firmer and