St. Paul daily globe., 1889-05-30
AND DOWN IT GOES AGAIN.
No Comfort for the Bulls in Yesterdays
Wheat Market.
SECURITIES sYMPATHIzE.
A Check Noted in the Advance Of Stocks
Live Staek, Provisions
and Produce.
Snen;alto the Globe

Special to the Globe
CHICAGO. MAY Cot was difficult to create
al active market in wheat to-day, as there
was little outside news and no outside ordefs.
The frost scare of yesterday and the buying
by shorts were things Of the past, and with
the greater part of the country under clouds
and light rains falling in many places, there
was nothing to encourage the bnllS. Inc
only redeeming feature on the buying SIDE
was better tone in Liverpool cables, when
gave spot and futures tending up, especially
for American wheat. The market mere
started with prices steady. There was
little rush 10 buy July for few minutes.
When the buyers found no general strength,
they ATTEMPTED to SELL and the price went
down. About noon there was another weak
spot on selling by brokers, supposed to be
fo? Hu crimson. The market was small and
narrow at best, and many were but evening
up trades for the holiday tomorrow There
was squirt OF activity in wheat the last fit
teen minutes The fluctuation i'll prices tor
corn was very narrow, and at the close prices
were the same as last night. There was little
feature to the trade The cash demand ap-
pears to be falling off. Receipts are much
lighter while good outward movement con-
tinues. Oats were quiet, and without I'M
portant change. Provisions sold within Il
narrow range. The market was very tame
THE DAYS TRADING.
CHICAGO. May 29.-After a firm opening
sn6 Sight advance, the wheat market ruled
easier, prices declining 4se, ana cl4sed sSeg
i2c lower than yesterday. A falr business
was transacted, nut trading was spasmoalc,
The firm openng and 14c advance was at
tributed TO the cold, Wet weather ana Dettef
lone of Liverpool advices. Closing. cables
were all strong. But later the predictions
were for warmer weather in the Northwest,
and this started parties who had bought on
cold weather 10 selling. Tomorrow being
holiday also brought out small lots or long
wheat, parties not caring TO hold TIL frlday.
Some little export business was reported at
the seaboard. and there was also some busl-
ness doing in cash wheat here. A quiet.
easy feeling prevailed in corn. Trans
actions were only OF moderate vol
un!e and fluctuations limited to Ac
range. Nothing new of consequence was
developed that had any apparent erect on
values, and the market was governed en-
tirely by local influences Oats were traded
in literally, and early stronger feeling pre-
vailed. Opening sales were at lS0 14c ad-
vance The market held steady for time in
sympathy with the strength in corn, but
after few buyers had been filled up offer
ings increased. A weaker feeling devel-
oped, and prices receded ss@!ac, the close
pork business was rather light and the mar
ket rather firm. Prices ruled 7l2@iOc high
er. and the market closed quiet at medium
figures. quiet and steady feeling prevailed
in the lard market, Prices were little more
favorable to sellers. but the change was
slight. Only moderate trade was reported
in the market for short ribs. Prices declined
2l2@5c early but rallied again, and the mar
ket closed steady at outside figures.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No.2 June opened at 79l4c, closing
at 7Sc; July, 77e, closing at 76lac:
August 74c, closing at 74Ac:. year,
74l4c, closing at 7Sl2c. Corn-No: June
closing at 34c; August, 34l2c. closing at 34l2c:
Oats-No. 2 June opened at 224c, closing at
2l7sc; July, 22lac, closing at 22Ac; August,
226sc, closing at 22l2c Mess Pork (per bbD-
gqns sas closed dosns at sS s y9g gg openea anss
si1s5. cosing Sinsa at sle2i Isra (De1 100
lbs)-July opened at Sc. 72ls, closing at
S675: August S6.77l2, closing at $3.50;
September, S6.s2la. closing at $6.S5: Short
Ribs (per 100 les)-June opened at IS o7ls:
s. so; August. S5.s5, closing. at $5: s7ls.
Cash quotations were as follows: Flour
quiet and unchanged. Wheat-No. 2 spring.
5she; No. 3, 7aa75c: No. red, asAe;
2i@c. Rye-No. 2, ssl9c. Barley-No. 2.
nominal. Flax seed-No. 1, S1.55. Prime
timothy seed nominal. Mess Pork-Per Dbl,
S11.75Dt1.So. Lard-Per 100 lbs. S6.67ls
QgS7. Short ribs, SIDES (loosel. 70. .1Q05.55.
Dry salted shoulders (boxed). 50. I21s35. %.
Short clear sides (boxed), SG@6.121h.
Whisky-DisGllers' finished goods, per gal,
Sl.O2. Sugars-Cut loaf, 9A@97ec; granu-
lated, e7sc; standard A. stse. Receipts
Flour, Ii, 900 bbls; wheat, $4,000 bu; corn,
sos, 900 bu: oats. l57, 900 bu; rye, 1000
bu; barley, 1000 bu. Shipments--Flour,
1000 bbls; wheat, 1000 bu; corn, 671 800
bu; oats. 33S. 600 bu; rye, 5000 bu; barley,
1900 bu. On the produce exchange today
the butter market was firm and unchanged.
Eggs firm af lOIhc