St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-27
TUESDAYS TRADE TALK.
a Market About Which There Was
Nothing Very Astonishing.
MAY CLOSES ASHADE HIGHER
But Operators Have Begun to Desert
That Future---SioCks, Bonds,
Provisions.
Special to the Globe.

Special to the Globe.
CHICAGO, ILL.,, March 26.-The wheat
market to-day was much like few pre-
ViOuS dayS-nO market at all as far as
natural influences went, and yet great
speculative market, in which the prin-
cipal element is manipulation. At the
the opening this morning May was
steady at S1.01, the bottom price Mon
day,and advanced to S1.015s, then every
one was seller, and May went off to
993lc, June from $3.50 to 954c; July,
S715c to size only, as there was better
buying for July. Then came sharp
advance of &c in May to S1.014c, with
sales not reported as high as S1.O2.
Again before noon May sold at S1.OO15,
and before / O'Clock scared up to S1.02.
Small trades often moved the price eco
]ac. jane touched Soc on the bulge
and July SS18c. The first bulge after
the morning selling was purelyron the
shorts action, but at the time of the
second bulge there was some bull news,
as twelve boat loads were taken for eX-
port at New York, with three loads said
to be for the United Kingdom. The
amount on passage decreased for the
week 672,000 blu. The export clearances
at Atlantic ports. -four and wheat, az
gregated 10000 bu. Receipts here
were siXty-One cars, with forty-two esti-
mated for Wednesday. Wheat was
fairly steady the last balf hour of the
session, with May at the close at S1.O115,
or &c higher for the day. Corn was
narrow market for speculation. There
was not to exceed &c fiuctuation
in any future, with closing prices
the same as Oh Monday. Re-
ceipts were All cars, with only IT'S
cars for Wednesday. The grading
showed 160 cars No. grade. Shipments
were $4,000 bu, and clearances from
Atlantic ports 100000 bu. Oats were
higher. May opened at 25$4c and sold
at 26c, 2614c and at zee. June sold at
255sc, 253sc and at 2519c. July sold at
255lc. The activity of oats was due to
bulled the market in so ordering. There
was great deal of trading, but there
were no very large sales. Receipts
were 142 cars, of which II were No. 2.
The closing prices were: May, 2611Sc;
June, 25alc; July, 2515c. The provis-
Ion market was fairly active to-day,
with the principal strength in mess pork
until near the close, when there was an
advance in the price of all products,
with closing prices the best for the day.
The live hog market was slow and weak
early and slower and weaker later, with
prices off 1O915c and 5000 report ed un-
sold. The action in provisions was an
independent one.
PRICES FOR THE DAY.
The leading futures ranged as follows:
Wheat-NO. April opened at 99Mc.
closing at Sl.0014c; May opened at Sl.Ol,
9513c, closing at 96c; July opened at
s71@c, closing at SS%c; Corn-No. 2
April opened at 1890, closed at size;
May opened at 3519c, closing at 3555sc;
June opened at 3519c, closing at 3556c;
Oats-No. 2 May opened at 25&c.
closing at 2614c; June opened at 25s4c,
closing at 25$4c; July opened at 25Ic,
closed at 2519c. Mess Pork (per bbl]-
May opened at $3.50, closing at S1265;
June opened at S12.3715, closing at
s12.6719: July opened at S12.4715,
closing at s12.7215. Lard (per 100 lbs)-
May opened at 81, closing at S7.12115;
june OpSHcu stI Si'Uf12. ClOSlllS dJ S.l0,
July opened at $40. closing at ST.2O:
Short Ribs (per 100 lbs)-May opened at
1925, closing at $6.32115: June opened
at $685., closing at $685.; July
opened at s6.42115, closing at S6.45.
Cash quotations were as follows: Flour
Unchanged. Wheat-No. 2 spring,
99@9914c: No. spring, 96@97 for fancy;
b No. red, 99@9914c. COrn-No. 2, 3415c.
Oats-No. 2, 25c. Rye-No. 2, 4215c.
Barley-No. 2, nominal. Flax Seed
No. l, sl.51. Timothy Seed-Prime,
Sl.35 bid. Mess Pork-Per Dbl, s12.25
@12.60. Lard-Per 100 lbs, S7.O5(0S7.5O.
Short Ribs-Sides Qoose) S6.25@6.3O.
Shoulders = (boxed), s5.5O@5.75. Short
Clear - Sides boxed, S6.50@6.6215.
Whisky-DistillerS' finished goods, per
gal. Sl.03. Sugar, cut, loaf, T7s@SIc:
graduated. 73sc; standard, "A', 7asc.
Receipts-Flour, 10000 bu; Wheat, 49,
600 bu: corn, 100000 Blu: oats, 132, 900
blu; rye, 1000 bu: barley, $1,000 blu.
Shipments-Flour. 1000 bu: wheat, 2S,-
600 bu: corn, $4,000 bu: oats, 100000
blu; rye, 5000 bu; barley, $1,000 blu.
On the produce exchange to-day the
butter market was easy; fancy cream
cry, 24(025c: choice to fine, 20CQ21c; fine
diaries, 2O(Q21c. Cheese, 1S92Oc. Eggs
weak at 10@12c.