St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-25
TWAS TAME and TIRESOME
That Expression Will Apply to Almost
ANY Of Yesterdays Markets.
WHEAT WAS HARD AGROUND,
And There Was Not a Breeze to Bulge
1t Either Way.--The Days
Prices.

CHICAGO H., April 24.-The action in
wheat though not vigorous kept the crowd
guessing. Those who expected either
sharp break or any decent sort of a rally
from bottom prices were disappointed. All
of the business in all futures up to 1 p. m.
was within less than lie range, and yet the
volume of trading was quite large. Prices
started a traction better than the close and
then went to the exact bottom figure of
yesterday, with May at soc, July at
777sc. This started pretty general buying
both by some of the shorts and by investors
and prices improved, somewhat. The action
was as follows: May S0Ato soc, to S0l2c, to
eOssc, to SOAc; June sOssc, to sO14c, tosOs4c, to
S0l2c, to Sic, to S034c, to s1c to s06sc: July,
7SlSc TO 777sc, to 7Sl2c, to 7S14c, to 7Sl2c, to
TS34c, to 7S14c, to 1889 at 1 o'clock. There
was no important outside news. Some light
rains and growing weather in the wheat belt
and lower cables OH the bear side and
fair inquiry for wheat by exporters at New
York, following the thirteen boat loads taken
yesterday, together with the slight change of
sentiment among conservative traders on the
bull side. Receipts here were 10 cars.
Export clearances from Atlantic ports 15,-
900 bu weeat, with 5000 bbls -four from
New York and $4,000 packages from Balti-
more. The last half hour in wheat brought
HO developments. 1DTe6 DOdG lOauS were
taken at New York for export and there was
a charter for 6S,00O bushels here. Corn was
dull. with no new features. Receipts 2O4 cars.
Oats were firmer with fair business early;
receipts, 1O2 cars. At the opening in pro-
visions short ribs were 712c lower lard 2l2c.
lower and mess pork 7l2c. to Zoe. lower.
These were the lowest prices of the day in
ribs and lard. May ribs sold at $3.50 and
$685. closing at $3.50; July closed at Sc.
Lard closed as on Thursday, at 6.S2I2 May,
and SOS July. May pork sold at Sl1. 80 to
S11.2712 to S11.4212 to S11.35; July, $11.5O
to Sl1.4712 to $11.60 to S11.52l2 bid at
close.
THE DAYS TRADING.
CHICAGO, April PA good business was
transacted in wheat, and some operators re-
ported improved outside trading. The market
evidently is now considered on a safer basis
Tor business. and operators especially outside
traders, have more confidence in the market
at present prices, and a larger and more
general business is expected. The feeling
developed was somewhat stronger. The
opening was shade better, and sold about
Csc above yesterdays closing, then declined
I2c for July, rallied 7sc eased off 12c and
closed Ac higher than yesterday. May closed
about 1sc higher than yesterday. and June
commanded l205Sc premium over May.
Shorts covered freely and some of the traders
who have figured in the selling side for
some time were credited with having taken on
some ''long'' wheat for q reaction. There
was only moderate trade in corn, fluctua-
tons being within 1GSsc range and values
showed but little change from yesterday
The prevailing feeling was firm. though adj
vance of consequence was established. Oats
were slow and easy and without new fea-
lures of importance, trading being lighter
and governed entirely by local influences.
The feeling was easy, but fluctuations slight.
Hog products ruled lower during the early
part of the session, but after the bulk of the
offerings were disposed of, the market tenn
porarily showed more steadiness and prices
rallied slightly. Toward the close the mar
ket ruled easier again and prices receded to
medium figures and closed rather quiet
The leading futures ranged as follows:
Wheat-No. May opened at S04c, closing
1850, closing at 7el2c; year. 7534c, closing
at 7534c. Corn-No. 2 May opened at 3412c,
closing at 345sc: June, 3ls4c, closing at 35c:
July, 35$sc, closing at 3584c. Oats-No. .
closed at 23c; July, 234c, closing at 23ssc.
Mess Pork. per pbl-May opened at $11.3O,
closing at So: june 81 .42l2, closing at
$11:45; July. $ll.50, closing at S1l; 5212.
closing at So. s2l2; June. $6.s5, closing at
$6.S5; July, $6.S7l2. closing at $500. Short
Ribs, per 100 lbs-May opened al $3.50, clos
ing at S.. So; June opened at $5.9712, closing
at S5.92i2; July, opened at So, closing at So.
Cash quotations were as follows: Flour
nominally unchanged. Wheat-No. 2 spring.
79a@S ,4c; No 5 spring, nominal; No 2
Oats-No. . 22Ac. Rye-No. 2. doc. Barley
No. 2, nominal. Flaxseed-No. 1, S1.56.
Timothy Seed-Prime. S1.34@1.35. Mess
pork-Per bbl, ST. .35@11.40 Lard-Per 100
lbs S6.S0@6. S2l2c. Short Ribs-Sides
(oose) So. S5@5.95. Shoulders--Dry sailed
boxed, s.. 25@5 80. Short Clear Sides
(boxed). So. 2506. 37l2c. Whisky-Distill-
ers' finished goods, per gal. S1.O3. Sugars
Cut loaf, 9ls@ sac; .granqlated, s5sc; stand
ard A, Sssc. Receipts-Flour, $4,000 bbls;
wheat, 1000 bu; corn, 203, 900 bu; oats,
10000 blu; rye. 5000 bu; barley, 10000
blu. hipments-Flour, 10000 Dbls; wheat
bu; rye, 5000 bu; barley, 5000 bu. On
the produce exchange to-day the butter mar
ket was weak; fancy creamery, 23@24c;
choice TO fine, 21@22c; fine diaries. 20@23c:
fair to good, 16@1sc. Eggs steady at 100
10I2c.