St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-06-01
DEPENDS ON The WEATHER
I; the Rains Close With Frost Everybody
Will Buy Wheat.
YESTERDAYS MARKET SLOW.
Dun's Review Reports Better Feeling
OBSERVATION-DISCLOSURES and
Bonds.

CHICAGO. Nav 31.-The trade was pretty
well divided in wheat to-day, ana, WIN
weather the controlling influence, ana ina.
very uncertain, and the crowd pretty well
ayened up on trades, the market was mar
row one. There was a bullish feeling al the
start in July and the more deferred futures,
but this was quickly offset by the weakness
In cash wheat.and the letting down OF prices
in Nav and ,ule. The weather held the
trade in cheek. warm ending OF the rams
will cause heavy market and II II clears
cold. with frostS there will be a scramble 10
buy on general principles, though The frosls
may not injure fields to any great extent
Cables had no effect, as they were ABOUT
steady. Receipts here were but thirteen cars
with none of the contract grades. Inc corn
market was of more than ordinary interest,".
The opening was marked by good BUSINESS
and an upward movement on the numerous
renorts of frosts and the prevailing cold
weather. Later there was buying OF May py
shorts who were prevented from getting corn
inspected into the elevators by the BAD
weather. On this huying July went to o4l2c
the second time. When the wants were sup
plied the shipping demand was light and
prices yielded again. Receipts were go ears
Oats were fairly active, and ranged at slightly
higher prices, closing ls@Ae higher thah
Wednesday, Receipts, Us ears me pro-
vision market was almost featureless. Prices
opened few cents higher on higher prices
AZ the wards for hogs. Later prices yielded at
the wards and on the floor. There was at no
time any special activity or heavy trading.
THE DAYS TRADING.
CHICAGO. May 3l.-A moderate trade eX
listed in wheat early i'll the session Dut a
anil
for that matter, most of the session. Inc
opening was strong and prices were SSc
higher influenced by the continued cold ana
rpiny weather, and the top prices were Eco
6sc over the closing figures OF Wednesday
But at this advance the offerings were III
creased. prominent floor trade selling SUI
ficient TO prevent further advance and a
gradual easing up OF prices IolloWeu,
and the closing was about the same
as Wednesday for July Some May wheat
was offered, and there being but
limited demand sales were made at dis
count of IsdSSc on June price. The weather
was the principal factor III the market ana
was the basis for speculative tracing. Some
operators bought on account or the uhsea
sonable weather, others sold in expectation
of favorable change, which they thought
must come soon. 4 fair business was trans
acted in corn, and the feeling developed was
rather unsettled, prices fiuctuating frequently
within ssc range. The market opened $3.50
I2c higher than the closing prices OF ednes-
day, was firm for time, but gradually sold
off 14c, recovered. but then ruled cas-
Ter closing 1s@14c higher than Wednes,
day. Oats were fairly active, but unsettled
and higher, opening sales being at Ac ad-
vance. The market held steady for a time,
but a recession of 14@ssc followed. and the
close was steady at ls1 Ac over the last sales
Wednesday. The market Tor hog products
attracted very little attention. and trading IN
all articles was limited. Prices were little
more favorable TO sellers at the opening OF
the market, but after few local orders were
provided for a weaker feeling developed, ana
prices receded again. The market closed
rather tame ct medium figures
THE QUOTATIONS..
The leading futures ranged as follows:
Whea.-No. 2 June opened at 71l2c, closing
at 773sc; July, 1850, closing at 76ssc:
August 745sc, closing at 1850; year,
1859, closing at 737sc. Corn-No; June
opened at 337sc, closingat sac: July. 34lac,
closing at 34Ac; August, 347sc. closing. at
3Is4c. Oats-No. = June opened at 22lsc,
closing at 22c: July, 22l2c. closing at 22ssc;
September, 23c, closing at 22S4c. Mess Pork
(per bbD-June. opened at 81 ~, closed
Ing at slI.s7ls; August, s1l.9o. clos
ing at S11.95. Lard (per 100 lbsl-June
opened at S6.67l2, closing at S6.57A Au-
gust, S6.77l2, closing at $3.50; Short
Ribs (per 100 lbs)-June opened at $50,
SIS 77Is; August, $3.50, closing at $3.50.
Cash quotations were as follows: Flour
steady, unchanged. Wheat-No. 2 spring.
775se; No. 8, 73074c; No. red, 71ssc.
Corn-No. 2. 35H@34c: Oats,No. 2, 21%
G217sc Rye-No. 2, 3Slac. Barley--No. 2
nominal. Flax Seed-No. 1. S1.51@l 30.
Prime, timothy seed, S1.2s@1. 80. Mess Pork
Per Dbl, S11 .s0@l1.s 81. Lard-.Per 100
lbs. S6.67l2@6.70. Short ribs, sides Qoosel.
s.. 70@5.75 Dry sailed shoulders (boxed),
s. 12l2@5.25. Short clear sides iboxed),
S6@6 12l2. Whisky-Distillers' finished
goods, per gal. S1.O2. Sugars-Cut loaf,
9L@97sc; granulated, 97sc; standard A,
e5sc. Receipts-Flour, 5000 bbls; wheat,
81, 1000 bu; corn, 1850 bu; oats. 1885,,
900 bu; rye. 10000 pu; barley. 5000 bu.
Shipments-Flour, 16, 900 bbls; wheat, TO-
600 bu: corn, 1890 bu: oats. $4,000 blu;
rye, 5000 bu; barley, 5000 bu. On the
produce exchange today the butter market
was frmer; fancy creamery. 15la@17c;
choice to fine, 12l2@15c; fine diaries, 100
l4lac; fair TO good, s@10c. Eggs firm at II
lDLJc