St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-05
AN INTERESTING DAY.
The Wheat Market Opens Steady,
But Fluctuations Soon Be-
gin,
And Prices Are Soon Changeable
Enough 10 Please Every
body.
The New York Stock Market STRONGER
and More Active
Prices.

Special to the Globe.
CHICAGO, March 4.-The wheat mar
ket opened as steady this morning as if
there had been no bad break Saturday.
and acted for a time as if the pit was
to be undisturbed for the day. Later
developments gave the trade rafting
good business, and prices were suffi-
GENTLY changeable TO please even the
Scalper. Up to 1 p. m. there was a
range of TIC in May, with S1.034 for
bottom and 1.04$l for the top figure.
The action was S1.O355 to S1.03I to
S1.O314 to sl.O3}s to 81 .O31{ to s1.045s to
Sl.032$ to s1.041t to S1.034 to S1.04I to
Sl.041s, sustained advance of 1c over
the close Saturday. There was some
free selling by shorts early, but the mar
ket acted stubborn, and, after holdin
around Sl.6315 a while, there was bulge
to S1.043s on the prospect of a big de-
crease in the visible supply and little
scarce, such as usually results when
shorts find little stuff for sale. The
biggest buying of the day was by Jones
and Kenneth around S1.O4. They were
short sellers Saturday and this buying
visible supply figures showed decrease
of 740, 900 bu, or considerable more than
was expected. There was report of
some wheat taken for export at New
York. The bulls pointed to the fact
that English and French markets were
firm in the face of the break here. Re-
ceipts here were III cars. Corn and
oats were fairly active and shade
higher. Receipts were 403 cars of corn
and 154 cars of oats. Provisions were
stronger on a better demand. Pork
advanced 15(a221lc, lard 1Oc and ribs
nc.
THE DAYS RECORD.
CHICAGO, March 4.-Trading in wheat
was spasmodic, with a fair aggregate
business, The feeling was somewhat
unsettled. and prices averaged better
than Saturdays closing. The opening
was triile stronger, and 15(04c higher,
o but quickly weakened and sold off &c
under quite free offerings. But good
buying started in at this decline, which
Influenced more general demand, and
the feeling became stronger, with
prices. after numerous fluctuations, adj
Vancing &c. then declined lie, again
advanced 14c, and closed 1c higher
than Saturday. Trading in corn was
largely local. 1t opened at Saturdays
closing prices, and gradually advanced
&c, eaSed OFF &c, ruled steady, and
closed fully &c higher than Saturd ay.
Oats were more active and stronger,
with the close 15(94c over Saturday.
Hog products were stronger, pork ad-
vancing 25d30c; lard. 10@1215c; short
ribs, 713@10c.
THE DAYS QUOTATIONS.
The leading futures ranged as follows:
Wheat-NO. ? March opened atiSI. O015,
closing at $1.0135: May, S1.O35s, closing
at S1.0335: June, 9114c, closing at
9176c. Corn-NO. 2 March, 345sc, clos
ing at 3434c; May, 35$lc, closing at
86c; June, 3535c, closing at $500.
Oats-No. 2 March opened at 25%c,
g7Ac; June. 2G}sc, closing at 265sc. Mess
Pork Oer bbD-March opened at s11 .25,
closing at S11.45; May, 1925, closing
at s11.62I; June. S11.55, closing at
s11.70. Lard per 100 lbs)-March
opened at S6.7715, closing at $685.;
May, S.S715, closing at $685.; June,
$685., closing at $685.. Short Ribs (per
100 lbs)-March opened at 1896, closing
at 5000; May, 500, closing at
S6.15; June, s6.15, closing at $500
Cash quotations were as follows: Flour
weak ana lufQI2c lower. W heat-No. 2
spring, s1.0l19@1.01$4; No. 8 spring,
9O@94c. Corn-No. 2, 3411l@345sc. Oats
No: 2, 25}Sc. Rye-No. 2, 43c. Bar
ley-No. 2, nominal. Flax Seed-No. /,
s1.4S. Timothy Seed-Prime, s1.45@
1854. Mess pork, per Dbl, sl1 so. Lard,
per 100 lbs, s6.S21z@6.S5. Short ribs
sides Qoosel, s6@6.10. Dry sailed Shout
ders (bOxed), S5.25@5. 371195. Short clear
sides (boXed), $6.25@6.3715. Whisky
Distillers' finished goods, per gal, 81 .O3.
Sugars unchanged. Receipts-Flour,
1000 bbls: wheat, $4,000 bu; corn, 1872
900 bu; oats, $4,000 blu: rye, 1000 bu {;
barley, $4,000 Blu. Shipments Flour,
1000 bbls; wheat. $4,000 bu; corn, 12O,-
900 blu; oats, $4,000 bu; rye, 5000 bu;
barley, $4,000 bu. On the produce ex-
change to-day the butter market was
easy and unchanged. Eggs easy, at u