St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-04
THE COMMERCIAL RECORD.
Unusual Quiet in the Wheat Pit, the
May Future Declining a
Fraction.
Corn and Provisions Dull and Lower,
Local Dealers Having All to Say
About Provisions.
Financial Operations in the Monetary
Centers---The General Quo
tati0ns.
Special to The Globe.

opeclul 10 me GiODe-
CHICAGO, Feb. 2-This was an unusually
quiet Saturday in wheat. The range for May
was entirely within lie, the extreme prices
being 91lsc and csc. Outside news and in
fluences of any sort were scarce and the
market sluggish. May started at 97%c, sold
at Csc, Off to 97ssc, up to 97s4c. off to 97lsc,
up to 97fsc, and at ! p. N. was steady at
91l2c, with the pit dull Hutchinson sold
enough to puzzle the crowd and left the
floor. Schwartz Dupee were the heaviest
buyers of the day. There was considerable
trade in July between sSSsc and soc. Pri-
mary receipts were about l40, 900 bu for the
day, and fer the week they were 240,-
600 bu over last week. The best
estimate of the next visible supply
report places the decrease at 100000
to 100000 blu Atlantic port clearances
were 10000 bu wheat and considerable
-four. Receipts here were 81 cars with %
cars Monday. The wheat market closed
without an incident of any kind, with May
steady at asc under last night. Corn re-
ceipts, 312 cars. Prices held within mar
row range, and closed 1sc lower than yester-
day. The new futures were fairly firm. Oats
receipts, la cars. Market dull and without
material change. Provisions were entirely
in the hands of the local trade Opening
prices were lower, with q fair advance all
around during the forenoon and a slight re-
action before the close, leaving prices about
where they closed last night Receipts of
hogs at six packing points to-day were 3d.
against $4,000 last year. Hog receipts for
the week $4,000, and packing to date, !, 1885,
600 hogs, against ,4S2. 900 one year ago.
THE ROUTINE REPORT.
CHICAGO. Feb "a rather dull feeling ex-
listed in wheat to-day and for lack of outside
news not much interest was shown in the
market, either one way or the other. Outside
business was light, and aside from moderate
operations on the part of local traders there
was very little doing. The early feeling YVES
weak, and after numerous slight changes,
during which the market ruled 1S@Ac higher
than yesterday, the feeling became weak and
declined lie, then ruled stronger, recovered
l2c and closed steady. Corn was strong most
of the session, with trading limited
and confined almost entirely to To-
cal spectators. The feeling was some
what easier, fluctuations being within
A@asc range, at the close the prices were 1s@
l4c lower than Yesterday There was moth
ing new Of importance to affect values,
which were governed entirely by local lnfiu-
pork trading was active during the early part
of the day and prices ruled irregular. Later
the market ruled quiet; opening sales were
made at SC decline, but this was quickly re-
covered. Later the market weakened 12l2@
15c. During the latter part Of the session
prices rallied l5@2Oc, and the market closed
comparatively steady at medium figures.
Lard was stronger, due chiefly to light stocks,
and prices ruled 5@7lsc higher. Short ribs
were frmer and 5@i0c higher.
THE GENERAL QUOTATIONS.
The leading futures ranged as follows;
Wheat--No: February. closed at 94c;
March, closing at 9o1sc; May, 97s4c, clos
ing at 97l2e; July, s9c, closing at ssssc.
Corn-No. 2, February opening at 3osc,
si9slng At sose; March S3e closing at
No. 2, February closed at 25hc; March
closed at 26c; May, opening at 21I9c, clos
ing at 27l2c. Mess Pork (per bbD-Feb-
ruary opened at$11.35. closing at $11 .37l2;
March clesed e At slI454a May oS S1h6o.
February. opened at $3.50, closing at $500;
March, .S6.so. closing at S6.9212; May,
$685. closing at 81. Short Ribs (per 100
lbs)-February. opening at So, closing at
Cos; March, $6:o2l2 closing at S6;1o;
Cash quotations were as follows: Flour
quiet. UNCHANGED. Wheat-No. 2 soFing,
94c; No. 3 spring, 90@94c; No. 2 red,
9Ic. Corn-No. 2. 35ssc. Oats-No. 2, 25Ac.
Rye-No. 2. 47c. No. barley none. Flaxseed
No; l, s1;59@1.6o. Timothy seed,.Prime,
$1.50@I.52 Mess pork, per Dbl, 81 l 500
l1.4O. Lard, per 100 lbs $500. Short ribs,
SIDES Qoose), S6.05@6.1O. Dry sailed
shoulders (boxedl, S6@6.12l Short clear
sides (boxedQ, $6.37l2@6.o0. whisky
sugarNcut loaf, Unchanged ed Rece gr
Flour, 5000 bbls; wheat, H. 900 bu; corn,
10000 blu; oats, l2l, 900 bu; rye, 5000
bu; barley, $4,000 blu. Shipments-Fiour,
5000 bbls; wheat, $4,000 bu; corn, 81 900
Blu; oats, 5000 bu; rye, 1000 blu; barley,
day the butter market was steady and uu-
changed. Eggs weak at l3@l3l2c.