St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-06-04
CHICAGO SHORTS NERVOUS
And They Bid Anxiously for Wheat
Without Advancing Prices.
DECREASE IN THE VISIBLE.
The Market Not Influenced by Un-
favorable Crop Re-
ports.
Special to the Globe.

Special 10 tne GtoDe.
CHICAGO, June 3.-There was peculiar
state of affairs III wheat to-day. There was
large business. and even excited trading
the greater part of the session, and yet the
range of prices were extremely narrow. Inc
effect of the selling on stop loss orders was
counteracted by good buying by nervous
shorts And while millions OF bushels
changed hands, prices held whiting esc
range for June and lsc range for July. The
decrease in the visibly supply OF 1.Ooo,oOo
bu was more than 100000 bu more than ex-
pected, but it had 10 effect. There were crop
reports of a bullish character from Illinois
and other wheat sections, but these were not
felt The decrease in wheat in store here Tor
the week was s., 900 bu. Export clearances
were light. Other markets were weak early
with Chicago. Eight boatloads were reported
taken for export at New York. 1t was Gay
Of activity with slight fluctuations. Corn
and oats were dull but firm. Receipts of
grain, 81 cars wheat, $50 corn and 20o cars
pats. Provisions also were uull, and from
2l2c to 1Oc lower. Large receipts of hogs
and general dizziness were the depressing in
6uences
THE ROUTINE REPORT.
CHICAGO. June 3.-Trade in wheatwaS very
light and mostly local. Prices declined to a
point ss@34c lower than Saturdays closing.
The opening was Loose lower and with only
slight changes receded ssc more, ruled
steadier, improving Ice, closing about lsQDAc
lower than Saturday. Crop reports commune
favorable, with exception of points in lndl.
ana, Illinois and Tennessee. Corn ruled
rather quiet, but comparatively firm ana
prices fluctuated within lac range, closing d
shade higher than on Saturday. Oats were
puiet and steady, with small changes IN
prices. Trading was only moderately active
IN hog products. Under the influence OF
liberal receipts of hogs and further decline
IN prices there was an inclination early TO
sell for future delivery and prices ruled
lower. AT the decline the demand slightly
improved and prices rallied, but toward the
close the market weakened and the advance
was lost.
GENERAL QUOTATIONS..
The leading futures ranged as follows:
Wheat-No July opened at 75lsc closing
at 7514c: August opened at 134c, closing at
737sc: September opened at 73l2c, closing at
74c; year opened at 73c, closing at !3l4c:
Corn-No. 2 July opened at 337sc, closing at
34lsc; September opened at 35c, closing at
35c: August opened at 34ssc, closing at
34l2c. Oats-No. 2 July opened at 22sSc.
closing at 22ssc; September opened at
22s4c, closing at 22s4c, Mess Pork (per bbD
July opened at S11.sO, closing at SLIP;
September opened at Sl1.95. closing at
S1l9O. Lard, (per 100 lbs)-July closed at
$50: August opened at S6.75; closing at
s6.77l2: september opened at $3.50, closing
at Sc S2l2 Short Ribs (per 100 lbs)-July
opened at s.: 72la' closing at s. 49, 3d.; August
tember opened at s.. So, cloiing at S5.s7l2.
Cash quotations were as follows: Flour
dull and unchanged. Wheat-No. spring,
75l2@76c; No. 3 spring, Csc; No. red,
75l2@76c. Corn--No. 2, 33a4c. Oats--No.
?, 217s@22c. Rye-No. 2, 3sc: Barley
None. Flax Seed-No. l, S1.5S. Prime
timothy seed, 81 25. Mess Pork, per Dbl
El1.75@11.sO. Lard, per 100 lbs-S5. 6212@
6.75. Short ribs. sides Qoose), $565@5. 10.
dry sailed shoulders (boxedl. So. l2la@5: %.
Short clear sides (boxed). S6@6. 1912. Whisky
-Distillers' finished goods, per gal, 81. o.
Sugars-Unchanged. Receipts-Four, H.,
900 bbls; wheat, $4,000 bu; corn, go, 900
bu; oats. $4,000 bu; rye, 1000 bu; barley,
1000 blu. Shipments-Flour, $4,000 bbls;
wheat, $4,000 bu; corn, 46l. 900 b1; oats
PSF, 900 bu: rye, 1000 bu; barley, 5000 bu.
On the produce exchange to-day the butter
market was weak; fancy creamery, 1512@
l6l2c; choice to fine. 12l2015c; fine diaries.
l2@ 13l2c; fair to good, s@l2c. Eggs firm;
l2@12l2c.