St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-06
SOME TIPS FOR SATURDAY.
July Wheat Begins to Take Its Turn as
the Favorite Future.
SEVERAL SLEEPING STOCKS
Wake Up and Show Considerable I'm
provement--Live Stock and Pro-
visions.
Special to the Globe.

Special to the Globe.
CHICAGO. Ill.,, April 5.-Wheat was
unsettled to-day, and while May was
very easily affected and the range of
sales wide, little that was new devel-
Oped. 1t still appears that Bloom has
enabled the bull clique to get out of
May to advantage, while it remains
loaded. The action in May was some
what like yesterday. The opening was
at 92l4c, with quick bulge to 94c and
falling back at once to 92c, and about
noon TO 5000. Bloom was watched. as
his selling meant panic for the crowd.
There was no sensation, and May re-
acted after getting so near 90c, and sold
at 92lIc again before p. m. Poole.
Hutchinson, Walker and Wren were
sellers of May, while Hutchinson and
Schwartz Dupee were free buyers of
July. June sold at S934c, up to Ole, off
to S9alc and up TO 9094c at p. m. The
action in July was less violent, and
toward the close this future showed
considerable strength 1t opened at
S514c, sold at S5j5sc, to S519c, to $3.50 be-
ore l o'clock. Cables came tending
down for spot and futures, the result of
the action here Thursday. AtNew York
the trade was very conservative, and no
short interest of importance is created.
Atlantic export clearances were about
10000 bu of wheat and an equivalent of
10000 bu in -four, from New
York. Receipts here were 80
ears, with IS cars for Saturday.
There was fair strength in July wheat
to the close. During the last half-hour
July sold at S6116(0S61ac, closing at S63Sc
or sc over last night. May closed at
g2i4c, and June Ole. Three boatloads
were reported taken for export at New
York. AT the close it was thought that
Bloom had let much of his May wheat
go through others at loss. Corn was
active and held steady without new
feature. Oats were fairly active and
closed Shade higher. Receipts of grain
to-day were: Wheat. 80 ears; corn. 175
cars: oats, 81 cars. Provisions sold in
narrow range, and were dull most of the
session. Mess pork opened sc lower for
May at Sl2.25,, and on the call sold up to
Sl2.45. Later the price touched SEATS
and eaSed off to S12.40 at the close,
showing gain at 1215c for the day
May lard sold at S70Q7.0215, and May
ribs SG.22}EE, closing at $500 bid. Hog
receipts, $1,000, with prices sc higher at
Inc close.
THE DAYS TRADING.
CHICAGO, April 5.-Wheat was active
and unsettled to-day and was controlled
almost wholly by local influences. 1t
was the general belief that the operator
who has been long of May and whom
the combine or 'sbull" interest have
been endeavoring to force out, had sold
through different brokers to-day and
that the offerings were taken up by
''clique" brokers'. Trading, it is claimed,
was heavy. AT the opening, the market
was unsettled, and after tiuetuating for
SEINE time, sold OIL to a point 2$4c below
yesterdays closing. recovered some, and
closed about ne lower. July, although
opening Il shade weaker, developed
more or less strength and advanced lie
above inside figures and closed &c
higher than yesterday. 1t was claimed
that the same parties who have been
credited with being connected with
the ''bull'' side of May wheat had
and supposed to be for the purpose
of covering ''short' sales made
some time ago at higher prices.
Corn ruled quiet but firm. Transactions
were confined largely to the operations
of room traders, and fluctuations were
limited to 1s@4c range. May oats
were fairly active during the earlier
part of the session, but the more de-
ferred futures were slow. May adj
yanced &c, and the appreciation was
fairly maintained. Mess pork attracted
more attention, and trading was rather
active. Opening sales were made at 5
(Gi13c decline, but rather free buying
forced prices up 2G@22119c. Later the
market was a trifle easier. and prices
reeeded 501715c, the market closing
steady. A steady feeling prevailed in
lard. but trading was somewhat limited.
Prices ruled about 2115c higher, and the
market closed quiet. Only limited
trade was reported in short ribs, and
the feeling was stronger. Prices ruled
about 2l3c higher, and the market
closed steady.
PRICES FOR THE DAY.
Wheat-No. 9 May opened at 921lc,
closing at 92Hc; June opened at S9alc,
closing at Ole; July opened at
S5l4c, closing. at S6asc; year opened
at 7S35c, closing at 7s%c. Corn-No.
May opened at 553a4c. closing at 3594c;
June closed at Sc; July opened at
$3.50, closing at 361zc. Oats-No. 2
May opened at 2535c, closing at 252Ic;
June closed at 253a5c; July opened at
25Hc, closing at 251lc. Mess Pork
tper bbl)-May opened at S12 %, clos
ing at Sl240; June opened at $3.50,
closing at S12.45; July opened at
SLAB. closing at S12.5211I. Lard (per
100 lbs)-May closed at 81; June
opened at S7.05. closing at STOOL:
july opened at $40, closing
at s7.0719. Short Ribs (per 100 lbs)-
April opened at ST. ~, closing at S6.I5: :.
May opened at 6.2211l, closing at $500:
June opened at $3.50, closing at S6.2715;
July, opened at 632115c. closing at S.5215.
Cash quotations were as follows: Flour
steady and unchanged. Wheat-No. 2
spring, 9lt09l 14c; No. 8 spring soc; No.
red.9l@9l14c. Corn-No. 2, 35Ic. Oats
No. 2, 24$44 G25c. Rye-No. 9, 43c. Bar
ley-Nominal. Flax oeed-No. l, Sl.4.
Timothy Seed-Prime, s1.3S@l. 35. Mess
Pork-Per Dbl, S12.35@124O. Lard
Per 100 lbs, 1876. Short Ribs
Sides Qoose) S615(06.25. Shoulders
Dry salted boXed), S5.5005.75. Short
Clear sides (boXed). $4,000. 6215.
Whisky-Dstillers' finished goods.
per gal. ID .03. Sugars-Cut loaf. S$6@9c:
graduated, S18c: standard "a" re.
Receipts-Flour, 5000 bbls; wheat.
1000 bu: corn, 121, 900 blu; oats. So, GOO
bu; rye, 1000 bu; barley, q, 900 bu.
ShipmentS-Flour. 1000 bbls; wheat.
$4,000 bu; corn, 1900 bu; oats, 10000
blu; rye, 1000 bu; barley, $4,000 bu.
On the produce exchange to-day the
butter market was firm; unchanged;
firm at 1015.
. Az ArhgRopr ~@,