St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-16
THE COMMERCIAL RECORD.
Under Fanipulations Of the Bull Clique
May Wheat Advances Nearly
Point.
Sympathetic Bulge in Germ, Cats and
all Manner Of Fog Fro
duets.
Financial Operations in the Monetary
Centers-- The General lho-
tati0nS.

CHICAGO, Feb. 15.-Ihere was less
excitement on change this morning
than for week past, but prices were
maintained, and in most cases adVahead.
There was fair activity in wheat to-day,
but the range of prices was great. On
the whole there was a firm teeilhg
which resulted in pretty good Duying.
Perhaps the leading influence on the
bull side was the wheat here. Inc
Sleet, rain and melting weatherreported
in many sections and states were the
first symptoms of a crop scare ana mao
their effect. Another influence was the
belief on the part of the crowd that the
clique would again bulge the market
following the break of yesterday. The
market opened with May at S1.07.
There was some very good bidding
early, and the price was advanced to
$1.0S the first hour. There was
plenty of May for sale at
S10S, and the price settled
back to Sl.071G, and after IL o'clock to
S1.0714, with rally to sl.07$4 shortly
before the call. Primary receipts were
quite good. Export clearanceS were
about $4,000 blu. During the last ten
minutes of the session May wheat sold
S1.079l off to S1.073S, closing at S1.01%s,
or &c over last night. Corn was strong
and higher. The wet weather and the
big exports induced a small proportion
of the shorts to cover. and the result
was sharp advance. May corn ran up
to SEC. There was again heavy buying
of May cats by Wadhams, the reputed
broker for the Milwaukee clique.
Schwartz Dupee, Lindblom and Shaw
also bought. Eggleston was free
seller. May advanced from 2755@2715c
to 2S1lc. Receipts of corn. Ais cars; OF
oats, l34 cars, and of wheat, 40 cars.
Provisions were firmer, and ranged
at higher prices on demand from
shorts.
THE ROUTINE REPORT.
CHICAGO. Feb. 16.-Trading to-day in
the wheat market was light and it ruled
Quiet and at times dull. Outside orders
were few. and local operators showed
less inclination to trade and were con-
tent with watching the market. Out
side news was scarce. The market
opened 14@3Sc higher and advanced
&c for MAY, tuctuated for some time
within moderate range and then broke
Off &c, closing firmer and &c higher
chan yesterday. SeabOard markets
were firm, due it is said to Il good in
quiry for wheat from interior mIllers.
This, together with good buying of July
wheat here. based upon the report of a
some sections III the winter wheat belt,
and rain in others, with predictions of
colder weather. started prices for July
to advance, and in turn reacted upon
the May future and induced some COW
ering by ''shortS." There was moder-
ate speculative business in corn to-day,
trading being active at times. Transac-
tons were confined largely to
the more distant deliveries, the
near futures receiving but lit
tie attention, May in par
ticular being in good demand. Offer
ings were somewhat limited to-day.
s'ShortS,'' and other sources. One house
is credited with large purchases, firm
ing up the market. Oats were active,
stronger and higher. Trading was
chiefly in May, offerings of which were
rather small early in the session. Buy
ers were more numerous, especially
''shorts,'' several large operators who
have been closely identified with the
market for a month past buying heav-
lily. Rather more interest was mani
Tested in the market TOR hog products.
and the feeling was stronger in gem
eral way. The receipts OF hogs We're
quite liberal, but the fact that packers
were purchasing freely at full former
prices had a tendency to check specula-
tive offerings and encourage little
more buying by local and outside oper-
ators, The receipts of products were
small and the shipments were consider
ably increased. Trading was mainly in
contracts for May delivery. Prices
ruled higher on all the leading articles
and the advance was moderately we'll
supported to the close.
TIE GENERAL QUOTATIONS.
Wheat-No. 2, February closed at
S1.0435; March opened at S1044; May
opened at Sl.07, closing at S1.u73E: July,
Ole, closing at 94334e. Corn-No. 2 Febru-
March, SAFE, closing at 3494c; May,
355sc, closing at Sic; July, 3618c. closing
at 361Sc. Oats-No. 2, February closed
at 251sc; March opened at 25$4c, closing
at 26c; May, 2754c, closing at 275sc: July
closed at &c. Mess Pork (per bbD-
February closed at S11.2215: March
closed at S11.1219; May opened at S1l2O,
closing at $11.371S; July. Sl1.4211S, clos
ing at S11.571F. Lard (per 100 lbs
February closed at S6.6215; March OPP
ened at S6.55, closing at $685.: May,
$751;, closing at S6.72119; July, S6.7215,
closing at S6.S215. Short Ribs (per 100
lbs)-FeDruary closed at S5.S71I; March
opened at S5.S215, closing at S5S715;
May, Sc, closing at s6.O5;
jay, S6.15, closing at s6.l715.
Cash quotations We're as follows: Flour
steady and unchanged. Wheat-No. 3
spring, s1.04@1.O43s; No. spring, 93c@
81; No. 2 red, sl.04(@l.043s. Corn-No.2
343sc bid. Oats-No. 2, 25Ac. Rye
No. 2, acc. Barley-No. 2 nominal.
FlaXseed-No. 1, $3.50. Prime timothy
seed, S1.47. Mess pork, per Dbl, Sl1.2215
@11.25. Lard. per100 lbs, $500. Short
ribs sides Qooseh $5.S5(05.95. Dry sailed
shoulders (boXed), 519@5Xc. Short clear
sides (boXed). 615@6Ac. Whisky-Dis-
fillers' finished goods, per gal, s1O3.
Sugars, unchanged. Receipts Flour,
10000 bbls; wheat, $4,000 bu; corn $780,
600 bu; oats, l01, 900 bu; rye, 1900 bu:
barley, $4,000 bu. Shipments-Flour,
1000 bbls; wheat, 10000 bu; corn, $780,
600 bu: oats, $4,000 bu; rye, 1000 bu:
barley. LOCO bu. On the produce ex-
change, to-day. the butter market was
steady and unchanged. Eggs steady at
1896.