St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-29
NO GREAT IMPROVEMENT.
Another n--:,ii aud Li'eless Day in the
Country's Grain Markets.
STOCKS SHOW SOME STIR.
But 1t Is Mainly Due to the Influence OF
Observation-Disclosures
Markets.

CHICAGO. Ill.,. March 2S.-The wheat
market was sensitive affair to-day,
and when not bullying or breaking on
light transactions, was pretty dull.
The volume of trade was quite small
compared with other days. There was
an extreme range of l1Sc in May, &c in
June and July. May opened at SLOT,
sold at Sl.0218 early, off to Sl.011a, up to
S1.02115 about noon, off again to S1.011z,
with rally to sl.01sl at o'clock. June
sold at 95sszzGs31tlle, and July sS3l@S94c.
The see-sawing of prices was due to the
uncertainty of the crowd concerning the
position of the clique. At the seaboard
the clearances of wheatan flour aggre-
gated $4,000 bu. Two boat loads were
reported taken at New York for Liver
pool. British cables were very bearish
and gave downward tendency for spot
and futures. The close was steady at a
slight advance except for July. The
only support to the market was the sea-
board clearances. There was little do
ing in corn. July was in good demand
at a certain figure and there was also
a SOOu C0It lOl IuC lOW SlduCS
of cash stuff for shipment. Oats
were dull to-day. The longs who led
the selling yesterday were doing moth
ing to-day. and those who bought did a
little selling. A few scattering shorts
attempted to cover early. Every effort
to revive trade resulted in breaking the
market The hog market at the yards
and the hog product on 'change were
worked together to-day. Receipts of
hogs were several thousand short of the
estimate, and sales were very brisk,
with prices 10 cents advanced. Pro-
visions accordingly opened at the best
prices of the day, with ribs and lard a
few cents better than the close yester-
day, and mess pork 1715c higher over
night. This afforded an opportunity to
sell TO advantage, and offerings were
liberal. Sales for May were: Short
ribs, S6.40 off to $685.: lard, S7.15 off to
$40; mess pork opened at $3.50, sold
sl2.S211@, rallied to $3.50. and sold off to
s12.65. or 715c lower for the day at che
close. July ranged Zoe over May at the
top and bottom.
THE Days TRADING.
CHICAGO, March 2s.- Trading in
wheat was light to-day, and the market
ruled quiet most of the session. Large
traders did not manifest much inclina-
ton to trade, with an effort, if anything,
to hold the market within moderate
range. May opened at about yester-
days closing, and was advanced 11sc on
moderate buying, and only small offer
ings; but the advance brought out some
wheat which checked further advance,
and prices receded &c, closing about
&c hi CHER than yesterday. July opened
a shade under yesterdays closing, clos
ing &c lower than yesterday. with mod
failure of the largest grain firm In Ant
werp had a tendency toward causing
weakness here. General reports of the
coming crop are favorable. July sold
lower than yesterdays closing. There
is feeling among dealers that some
large traders are getting under
the market. Very little interest
was manifested in corn, which
ruled quite dull most of the session,
with transactions limited to the opera
ton of room traders. The feeling was
within }SQ0Ac range. The volume of
business in oats was fair. but showed a
marked decrease from that of the two
preceding days. An unsettled feeling
prevailed, but price changes were con
fined to 3sc range and the close was
steady at N(01Gc below yesterdays last
sales. Mess pork was active and ir-
regular during the early part of the
day. Prices were advanced 10@1215c.
Later pSices receded 25@271ac. and the
market closed quiet. Trading in lard
was only moderate and the feeling COM
paratively steady. Early sales were
nlo6n af O1<G1Sa advance INIT ,Noolyoy
feeling prevailed later and the i'm
provement was lost Short ribs were
active and followed the fluctuations of
lard.
PRICES FOR THE DAY.
The leading futures ranged as follows:
Wheat-No. Q May opened at Sl.O1,
closing at $1.01%c; June opened at
95s4c, closing at 9614c; July opened
at SS5sc, closing at SS3sc; year closed at
s01ac. Corn--No. 2April closed at 345sc;
May opened at $3.50, closing at $3.50:
June opened at 3599c, closing at 355lc.
Oats-No. 2 May opened at 2614c. clos
ing at 252sc; June opened at 255Sc,
closing at 2515c; July opened at 25l5c,
closing at 25asc. Mess Pork (per bbl]-
May opened at $3.50, closing at s12.65:
June opened at S12.S0, closing at S12.7O:
July opened at Sl2.90, closing at S1275.
Lard per 100 lbs)-May opened at S7.15,
Closing al STU: June opened at S7.15.
closing at $712%; July opened at
1922, closing at Sis. Short Ribs (per
100 lbs)-Nay closed at $3.50; June
opened at $6.45, closing at $6.4O; July
opened at $3.50, closing at S6.45.
Cash quotations were as follows: Flour
Steady and unchanged. Wheat-No. Q
spring, 991l@995sc; No. spring, 921Sc:
No. 2 red. 99115@995sc. Corn-No. 2,
34sc. Oats-No. 2. 25c. Rye-No. 2,
43e. Barley-No. 2, none. Flax seed
No. l, SI.51. Timothy Seed-Prime,
s1.35. Mess Pork-Per Dbl. s1260@12.65.
Lard-Per 100 lbs. sos. Short Ribs
Sides Qoose) s6.30(@6.35. Shoulders
tbOXed), S5.5O@5.75. Short Clear-Sides
tboxedl, s6.621s@6.75. Whisky - Dis
tillers' finished goods, per gal. s1.O3.
Receipts-Flour, 11.000 bu; Wheat, "a
900 bu; corn, $4,000 blu; oats, 81 ZOO
blu; rye, 1000 blu: barley, $1,000 bu.
6hipments-Flour. 6,00O bbls; wheat .25,-
900 bu; corn, $4,000 blu; oats, 100000
Blu: rye, 1900 bu; barley, $4,000 bu.
On the produce exchange to-day the
Butter market was easy and I'M
II