St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-16
JUST A LITTLE MORE LIFE
Wheat Begins the Week With Consider
cradle Strength and Activity.
JULY CLOSES A CENT HIGHER
Stocks Weak and Fractionally Lower
Than on Saturday---Live
Stock.
Special to the Clone.

CHICAGO, H., April 15-The wheat
market was strong and active one to-
day. The outside influences were bull
ish, while the bears here combined to
"copper"" the natural tendency, and put
prices lower. The result was free
action and fair volume of trading.
The action up to l p. m. was as follows:
May, soc to S91lc to SSc TO S914c to SS3lc;
June, soc to S7}lc to soc to SS15c; July.
sold at ,S2115c to Sc to S213c to S311ac to
S3c to S314c to S25sc. To begin with, IRE
ceiptS were but Is ears all told, with but
! car of No. 2 grade. Then British ca
bles came firm and strong, with Amer
lean wheat tending upward on flu
ture contracts. Later New York
dispatches reported better bull
feeling there, with many of
the exporting class Oh the buying
side and May in that market at noon
was l re over the closing price on Sat
urday. Much of the strength at the
seaboard was attributed to the belief
that the reports of damage TO Russian
crops were soon 10 be confirmed. An
other, and perhaps the greatest bull in
fiuence, was the very large decrease of
nearly 100000 bu in the visible supply
for the week. The buying here was
led by Linn and the selling by Cudahy
and Hutchinson. There was activity
in wheat to the close. July sold as low
as $3.50 at p. H., and closed for the
day at S314c, OF 1c higher than Satur
day. The corn market was dull, but
int hnl +bf,
estimates, and there were several large
sized orders filed. Schwartz-Dupee
and Norton-W burlington were the prin-
cipal buyers. Milmine-Bodman were
sellers. There were 100000 bu. cleared
Saturday from the three important At
lantic ports. Oats were extremely dull.
May ranged between 2411sc and 24ssc
early, but Milmine-Bodman caused a
bulge to Page later by buying about
$4,000 Blu. Receipts-Corn, 391 cars,
oats, III cars. Provisions were strong.
Hogs were 5@10c higher at the stock
yards, and receipts were only 1000
where 10000 were expected. May pork
opened at S11.55 sold to Sll.62115, and
once during the session selling as low
as Sl1.521a. Hutchinson was selling
July pork and ribs. Wolf bought pork,
Robson bought pork and ribs, and
Armour bought ribs and lard. The
trade was very light taking the session
throughout.
THE DAYS TRADING.
CHICAGO, April 15.-There was fair
trading in wheat to-day, and stronger
zone pervaded the market. July, in
which the principal interest centers,
opened 5s(015c higher. and advanced 3lc
more, or 1114c above Saturdays closing,
and closed just 1c higher. Cable adj
vices denoted more strength on the
other side, and private reports quoted
Id advance and an improved demand.
The decrease in the visible supply was
greater than had been calculated upon,
and helped to strengthen the feeling.
After the noon hour the market weak
ened somewhat under increased offer
lngS, and parties who had bought at
lower prices realized on their purchases,
but the closing was strong. Some ship
ping demand existed here. The was
only moderate business in corn:
in fact, the pit was quite dull
during the entire session, fluctu-
ationS being confined within I(01lc
range, and operations were limited to
transactions of room traders. The feel
ing was comparatively steady, and final
quotations were tritie better than Sat
urday's closing. Oats were fairly
active, but unsettled. The opening was
active, and fractional decline followed
the first sales. Good buying, however.
produced firmer feeling, and prices
advanced 3s@15c. A recession of Ia
&c followed the appreciation, and the
market closed quiet at 1804c above
Saturdays last sales. Only a moderate
trade was reported in hog products, and
the feeling was steady. Prices aver
aged slightly higher on the leading arti-
cleS and the market closed quiet at
medium figures. Trading was confined
almost exclusively to May and July
contracts.
PRICES FOR THE DAY.
The leading futures ranged as follows:
Wheat-No: May opened at S9c,
closing at SS1sc: June opened at Soc
closing at SS7sc; July opened at S215c.
closing at S318c; year opened at 7736c.
closing at 77&lc.. Corn-No. May
opened at 3414c, closing at 3455Sc; June
opened at 35c. closing at SIC; July
opened at 353Sc, closing at 355Sc. Oats
No. 2 May opened at 244c, closing at
24ssc; June, opened at 243sc, closing at
24ssc; July, opened at 2433sc, closing at
245sc. Mess Pork per bbD-May
opened at S11.55, closing at SLIGO: June
opened at S11.65, closing at Sl1.7O:
July opened at S11.75, closing at
$l1.T15. Lard (per 100 lbs)-May opened
at $3.50, closing at $685.; June opened
at $685., closing at $6.S715; July
opened at $500, closing at Sc. 921j.
Short Ribs Ri G per 100 lbs)-May
opened at Sc, closing at Sc:
July opened at S6.05, closing at S6.O715.
Cash quotations were as follows: Flour
active, quiet and unchanged. Wheat
No. 2 spring, S73l@S75Sc; No. 3 spring.
70@7Sc: No. 2 red. S7&0S75Sc. Corn
No. 2, SAGE. Oats-No. 2. 24@24116e.
Rye-NO. 9, 43c. Barley-No. 2, none.
FlaXseed-No.1 l, S1.54. Prime Timothy
Seed-s1. 3O@1.32. Mess Pork Per Dbl.
Sl1.55@l1.60. Lard-Per 100 lbs. $3.50.
Short Ribs-Sides Qoose), $4,000. 95
Shoulders-Dry sailed (boxed,) s5.371S
@5.50. Short clear sides (boXed), $685.
@6.50. Whisky Distillers' finished
goods, per gal, S1.03. Sugars-Cut
loaf, S1s@92sc; granulated, SIC; stand
ard A, SIC. Receipts-Flour, 10000
Dbls; wheat, $1,000 bu: corn, 212, 600 bu:
pats, $4,000 bu; rye, 1000 bu; barley.
100000 bu. Shlpments-Flour, $4,000
bblS; wheat, $4,000 bu; corn, 933. 900
bu: oats, $4,000 blu; rye, 1000 bu:
barley, 5000 bu. On the produce ey-
change to-day the butter market was
active but unchanged. Eggs firm at
l0c.