St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-01
4 RATHER QUIET DAY.
Trading in Wheat at Chicago Limited
"Quiet and Dull'' Just Ex-
presses 1t.
Corn Attracts Little More Att enti0n,
and Prices Range Shade
Higher.
In New York There Was BulIish Feel
ing in Stocks in the
Morning.
Snecial TO the Globe.

Special to the Globe.
CHICAGO. Feb. 2S.-Wheat was unset
tied again to-day with frequent spurts
of activity, and a higher range of prices.
Opinion as to the future of the market
was us widely diversified as for few
days past, and little was done to indi-
cate whether prices are to go down on
the beariShneSS of the trade or advance
on the tactics of the clique. The action
was erratic and appeared to depend on
the whim of the crowd rather than any
heavy operations. The action in May
was S1.07 to SLOTS, to $l.06$4, to sl.07A,
to $1.0711s, to S1.0T1122, to S1.0714, to S10S,
to S1.0715, to s1.075s, to S1.0714 shortly
before p. m. Tn ere was no change in
conditions. and little outside news or
trade. Receipts here were IS cars, with
So cars of No. 9. Primary receipts were
less than 100000 bu. Export clearanceS
were nothing beyond about 5000 blu.
from Philadelphia. New York sent
out about $500 bbls Of flour. There
were 5000 bu of No. ? spring inspected
out of store. Wheat closed steady, with
May at s1.07l5 or &c over last night.
Advices from the Northwest are con-
fiicting. One dispatch said that there
was more No. lizard discovered than eX-
pected and another gave the stock in
country elevators as 100000 blu de-
crease for the month. The corn market
experienced little stirring up to-day.
1t was largely the result of buying by
local parties supposed TO be short. May
ranged between 35$g936c. Receipts
were 300 cars and the estimate 307 cars.
Grading gave but % cars of No. corn.
Shipments were 124,00 bu and clear
ances very light at 69l,OOO blu. This
was the third day of the big run of hogs
at the yards. The receipts this morn
ing were estimated at about $4,000 head,
and this, for the three days, makes an
aggregate of about $4,000 hogs. With
all this, prices of products have been
maintained in the pit. Prices to-day
ruled few cents under the close last
night, but the market was considered
strong by the trade. Oats were fairly
active and shade firmer for May. Re
ceipts, ia cars.
THE RECORD OF THE DAY.
CHICAGO, Feb. 2S.-Trading in wheat
was of a rather limited character to-day
and the market ruled quiet and at times
very dull. Outside news was scarce,
and there was but little on which to
base operations. The market opened
From the same nc over the closing
figures of yesterday, then declined &c
under fair offerings and possible at
tempt to bear the market. But the offer
lngs were taken without much of a
break III prices and this started ''Shorts''
to covering, some of the buying being
done by parties who sold early and
prices with several fluctuations ad-
vanced 14c; declined &c and closed &c
higher than yesterday. Foreign advices
were less favorable; adviceS from the
Northwest report stocks in country
elevators as having decreased SOC, 900 to
100000 blu since Feb. /, and that stocks
are now down to about 100000 bu.
There was rather more interest mani
tested In corn, trading being quite &C
tive and higher range of prices was
established. The advance was attrib-
uted mainly to covering by ''shorts."
and brought out good many orders,
and the market was quite active at
times. Opening sales were at about the
closing prices of yesterday after which
the market gradually advanced sS@1%c,
became quiet and steady; eased off some
and closed 4@39c higher than yester-
day. Oats We're quiet and rather in
rut. Fluctuations were confined to &c
range. The continued liberal receipts
of hogs encouraged rather free offerings
of products early in the day and the
market ruled weak during the greater
portion of the session. Local buyers
were a little backward about taking
hold and outside orders were somewhat
limited. Prices ruled lower on all the
leading articles; with trading conferred
In contracts for May, June and july de-
HyerieS.
THE GENERAL QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2 March opened at 81 0411s5;
closed at s1.045s; May, Sl.O7, closing at
A.0714; June, sl.Ol3, closed at sl.O194;
July, 93114c, closing at935sc. Corn-No.2
March opened at sac, closing at SAFE:
May, 355sc, closed at 357sc; June, 355sc,
closed at 355sc. Oats-No. 2 March
closed at 2519c: May opened at PIC,
closing at 27I: June, 1920, closing at
265sc. Mess Pork per bbD-March
opened at S1l.15, closing at 81 10; Nav,
sl1.90, closing at s1l.2715; June. s11.30,
closing at s11.35. Lard (per 100 lbs)-
March opened at Sc. 72122, closing at s6.7O;
May, $685., closing at $3.50; June, Sc S2155,
closing at S6.S279. Short Ribs per 100
lbsl-March opened at s5.s711S, closing at
June, s6.l0, closing at s611. Cash
quotations were as follows: Flour
firm and unchanged. Wheat-No. &
spring, 5000; No. 3 spring, 96c:
No. 2 red, S1.0414. Corn-No. 3, Sake
bid. Oats--No. 9, 251ac. Rye-No. 2,
1850. Barley-NO. 2, nominal. Flax
Seed-No. Las. Timothy Seed-Prime,
$l:42@l.44. Mess pork, per Dbl. s11. 12%
@11.25. Lard, per 100 lbs. S6.70 Short
ribs sides Qoose), S6.S506.95. Dry salted
shoulders (boxed), S5.25@5.371S. Short
clear sides (bOXed). SO 21506. 25. Whisky
-Distillers' finished goods, per gal, 81 .O3.
Sugars Cut loaf unchanged. Receipts
Flour, $4,000 bbls: wheat, $4,000 bu:
corn, $4,000 bu; oats, $1,000 bu: rye
5000 bu; barley. $4,000 bu. Shipments
Flour, 1900 bbls; wheat. $4,000 bu:
corn, $4,000 bu; oats. $4,000 bu; rye,
5000 bu; barley, $4,000 bu. On, the
produce exchange to-day the butter
market was easy; fancy creamery, 25@
26c; choice to fine. 2002lc: good to
choice, 1S020c. Eggs steady at 1890
13c.
r. M. NEWPORT & SON.
Investment Bankers,