St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-12-11
THE COMMERCIAL RECORD.
Bullish Gables ana the Action Of Morrill,
western MilIers Puts Up Wheat
Over Point.
Corn Touches the Lowest Point Of The
Year, Oats and Provisions Showing
Fractional Advance.
Financial Operations in the Monetary
Centers---The General Quo
tatiuns.
Special to The Globe.

Special 10 the Globe.
CHICAGO, Dee 10.-Up TO I p. m. the range
of May wheat in this market was ll2c be-
tween 81 .0Sl201.10 The price opened at
Sl.09, a fraction over the Saturday closing.
The scalpers were on the buying side. There
was an early dip TO Sl.0Sl2, the bottom for
the session, and a reaction to Sl.09l8 before
IL a. NJ When The visible supply showed an
increase of but 4SS, 900 bus, when an in
crease of nearly twice that amount was ex-
pectcd, there was A better feeling. The price
went to SI.09as. In thirty minutes ii was
back to 81 .O9l4. which appeared TO be the
turning point. s second bulge put the price
toSll0 at O'Clock. There was little ami
nation at any time, and good share OF the
session was dull. Receipts at Minneapolis
were large-lSS, 900 bus-but advices were TO
the effect that they would keep up but few
days longer ut most. Receipts here were
56 cars with no No. spring received. The
best business in WEcat for the session was
done curing the last fifteen minutes. Cables
gave flour at Il shilling advance i'll London,
and news from the Northwest was TO the
effect that miilers were bidding up pose
for wheat for grinding. On this news and
the small increase in the visible supply the
price of May touched 81 loss and closed at
81 10I2. or &c from the bottom. There was
fair business in corn today with prices at
the lowest points Of the year early ana with
an improved feeling before the close Jan
uary opened at 33c, sold down 20 34asc and
up to 347s03 5c. closing al 347sc. May sold
at 37S4c up to 377SGn3Sc, closing at 37l2c.
Receipts were 542 ears. The visible
supply decreased $4,000 Blu. Out in
spection was but 9s. 900 bu. and 10 charters
reported The arrival of 300 ears of oats
and an increase $4,000 bu i'll The visible
supply had no effect on values. Trading
was moderate. Milwaukee sent in fair buy
ing orders. ScalpGrs sold moderately, but all
the offerings were pickedup during the latter
part of the session. A iirmer feeling devel-
Oped and prices advanced lac, the market
closing firm at outside figures. Provisions
were fairly active with prices slowly tending
upward the entire session. Receipts of hogs
were light, only 10000. The advance for
the day for January delivery was DC i'll short
ribs, Zoe in lard and 12iac in mess pork.
January ribs closed at s.. O2Ia, lard, s. ZIP.
pork, $3.50. The range for May was the
same, and closing prices corrcspondingly ad-
vanced. January pork one year ago sold at
$I4.O5 to SASS.
THE GENERAL QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. December closed at Sl.0114;
January, Sl.G4, closing at S1.C5l2; May.
$1.09, closing al $l.10ia. Corn-No. De-
cember opened at 34s4c. closing at 3ii2c;
January, ;5c, closing at 347sc; May, 37S4c.
closing at 37s4c. Oats--No. 2 December
opened at 26lac closing at 26I2c; January.
26Ac. closing at 20l2c; May, 291lc, closing
at 2Gl2c. Mess Pork-per Dbl, December
closed at S1337le: January, Sl335. closing
at S13. 47l2; May, Sl3.75, closing at S13.87l2.
Lard-Per 100 lbs, December opened at
$500, closing at $500; January, S7.S7l2,
closing at S7.97I2; May, So, closing at
$50. Short Ribs-Per 100 lbs. Janu-
airy opened at S6.92l2, closing at
$7.O2l2; May, Sic, closing al $7.15.
Cash quotations were a. follows: Flour firm
and unchanged Wheat-NO. > spring. 5 .04
@1l.O414 No, 3 spring. Ss@95c: No. . red,
$l.04@l.04M. Corn-No. =, 345sc. Oats
No. 2, 26l2c. Rye-No. 2, sic. Flax Seed
No. 1, $1.54. Timothy Seed-Pfimc, $3.50
1.54. Mess pork, per bbl, $13. 81 2@13 so;
lard, per 100 lbs, SS.0J@e.07l2; short ribs
sides, loose. S7@l0: dry sailed shoulders,
boxed, S7G1I2Ia; short clear sides, boxed,
S7.371eGl7 so. Whisky-Disillers finished
goods. Der gal, s1.2o. sugar-Cut loaf, go
S7sc; grannlated, 712c; standard a. 7l4c.
Receipts-Flour, 5000 bbls: wheat, $4,000
bu: corn, 244, coo bu; oats, 10000 bu: rye,
5000 bu: barley, III, 900 bu. Shipments
Flour, 1000 bbls; wheat. 10000 bu; corn,
404, 900 bu; oats, 101 600 bu: rye, 3. OG0 bu;
barley, 60,O0J bu. On the produce exchange
to-day the butter market was duh and easy;
fancy Elgin creamery, 32@34c; choice, 2702
poe Eggs dull al eligible.