St. Paul daily globe., 1889-02-28
IN THE MARKET PLACE.
Little Excitement in Chicago Wheat,
Though It Rallies Lit
tie Bit
In Consequence of Bullish News From
Paris---The Closing
Prices.
In Live Stock the Market Is Dull and
Prices Weak---FiuanGial
Record.
Special to the Globe.

CHICAGO, ILL.,, Feb. 27.-The Chicago
wheat market was anything but eXcit-
ing during the greater part of the ses-
sion to-day. The outside range of May
up to p. m. was.14e, and the tendency
of prices was lower without any de-
cided decline. The action in May was
s1.O7T to $1.Os, to s1.06s4 to s1.O75s, to
to s1.O715 to s1.07A. July opened at 94c,
sold at 1890 to 941sc, to 935sc to 94c, to
$3.50. The outside news was less en-
couraging than on Tuesday. Liverpool
cables gave wheat tending downward.
The statement that Pillsbury has Or
dered great quantities of wheat forward
from country elevators was circulated.
and it was also stated that the CLIQUE
agents here have brought in reports
that the wheat held back is more in
quantity and better in quality than
holders have estimated. There is an
element in the local trade that believe
that the clique recently sold wheat, and
this has made many operators bearish.
The best rally of the day was on advices
from Paris that French markets were
excited over prospects of squeeze.
Receipts here were 81 cars, with 81 cars
of No. 2 grade. Wheat Z was weak.
toward the close. and after selling at
$1.06T(@1.07 closed at $1.07 for May.
Receipts of corn were larger than the
estimate at $40 cars. Out of this num-
bef Sc cars graded No. and 102 cars
were billed through. There were but
cars of No. corn. Shipments were
$4,000 bu. The market was quiet. but
not weak. and closing prices were
steady or shade better than last night.
There was little activity in oats early.
ers. and prices yielded trifle, but re-
acted slightly before the close. Re
ceipts were "a cars. Export clearances
of corn from Atlantic ports were $4,000
bu. Export clearances in wheat were
lighter-63, 900 bu wheat and -four from
Atlantic ports. Provisions were quiet,
but firm.
THE GENERAL QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2 February closed at
S1.O3s4; March closed at $1.041s; May
opened at $l.075s, closing at s1.O7;
July, 94c. closing at 93ssc. Corn-No. 2
February opening at34c, closed at 3411ssc;
March closed at 351ac: May, 351sc,
closed at 3516c. Oats-No. February
closed at 2515c: May opened at 274c,
closing at 2711s; June, 265sc, closing at
265sc. Mess Pork (per bbl)-March
closing at s11.15; May opened at SLIPS,
closing at s11.32115; June. s11.4211s, clos
ing at S11.4O. Lard (per 100 lbs)-March
opened at $3.50, closing at $6.75; May,
S6.S715, closing at St. .85: June, $6 80. clos
ing at $3.50. Short Ribs (per 100 lbs)-
March opened at $5.S5, closing at
$3.50; May. $6.O5, closing at $6.05:
June, s61O. closing at s6.121s.
Cash quotations were as follows: Flour
firm and unchanged. Wheat-No. 2
spring, s1.O3s4: No. 5 spring, sO@93c;
No. 2 red, S1.039l. Corn-No. 2, 34115c.
Oats-No. 2, 2514c. Rye-NO. 2. 1870.
Barley-No. 2, nominal. Flax Seed
No. /, $3.50. Timothy Seed-Prime,
S1.4O@1.42. Mess pork, per bbl, S11.10@
Ills. Lard, per 100 lbs. s6.7711s. Short
ribs sides Qoose), $5.90(@6. Dry salted
shoulders (boxed). $5.25@5.3715. Short
clear sides (boxed) ,s6121s@6.15. Whisky
--Distilers' finished goods, per gal, 81 .03.
Sugars-Cut loaf unchanged. Receipts
Flour, 10000 bbls: wheat, $4,000 bu;
corn, $4,000 bu: oats, 10000 bu; rye,
5000 bu; barley. $4,000 bu. Shipments
Flour, 12,0OO bbs; wheat. 1000 bu;
corn, $4,000 bu; oats, $4,000 bu; rye,
$4,000 bu; barley, 5000 bu. On the
produce exchange to-day the butter
market was steady; fancy creamery. 25
@27c; choice to fine. 20922c. Eggs
steady at 121am13c