St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-19
WHAT THE TICKER SAYS.
Plenty Of Rain and Good Crop Prospects
Keep Wheat Prices Down.
NO BULL SYMPTOMS VISIBLE.
Slight Activity in Corn, Oats and Pro-
visions---The Day in Wall
Street.

Special to the Glope.
CHICAGO, H., April 1S.-The wheat
market to-day was, on the whole, the
lightest for some time. There was q
little activity early in July, with early
fluctuations almost neglected. The
scalpers were Oh the buying side early.
ana July did exactly as Oh Wednesday,
went up to SSc, where Hutchinson and
others became free sellers, and there
was reaction, with loss for the scalp
ers. There were too many big and
little brokers with wheat to sell for the
market to have any good support. Out
side markets acted in a similar way.
The BradStreetS statement of shortage
in Austrian wheat was bull influence,
but it did not last long.
There was nothing encouraging
in the movement of wheat. Export
clearances were almost nothing, with
enough flour cleared from New York
and Baltimore to represent 10000
bushels of wheat. Liverpool closing
cable gave wheat 4 penny lower. The
action here was as follows: May sold
B>%@SSc; July. S23l@S23s@S3@S216@
6215@S314c at l o'clock. Receipts here,
seven cars, with but nine cars esti-
mated for tomorrow. There was no
life in wheat the last half hour. Prices
did not recover from bottom figures.
Corn-Receipts, 276 cars. Market dull
but steady. Oats-Recelpts, 119 cars.
l.
more buyers than sellers at the lowest
points touched. The market was weak
in anticipation of heavy receipts.
The receipts to-day were heavier
than estimated. A lively business
was transacted. The provision market
was narrow one today. The appar-
ent strength for few days was partly
the result of covering by nervous shorts.
The market was steady for lard and
lower for ribs and pork. Some cover
ing helped to steady lard and ribs later,
while pork was more active and weak.
May ribs sold at S5.95, to S5.9215. to
S5.9119 at the close. Lard. S6.9006.S715
for May. Mess pork, for May, Sl1.S0, to
s11.67%, to S11.S5, to S11.S715; July,
s11.92119, to Sl1.65, to S12, to SI1.95 at the
close.
THE DA Y : IRA AIDING.
CHICAGO, April 1S.-About all that
could be said OF the market to-day is
that it was dull and featureleSs. Trad
not been for the operations of one or
two large traders, there would have
been next to nothing doing. The OPEN
ing was stronger and prices were adj
vanced PC above yesterdays closing,
but operators were Of the opinion that
the advance was artificial and for the
purpose of selling on. Prices then de-
:lined &c, recovered slightly. and closed
sc lower than yesterday. Rains we're
reported in the northwest and Southwest
and operators are getting over the
Idea Of the crops suffering for lack of
moisture. Some long" wheat was
closed out to-day, the parties evidently
having tired of holding with the pres
ent outlook of the market. Corn was
quiet and inactive the entire session.
The feeling developed was compare
lively steady and values did not vary
from yesterday. Oats were active, but
weak and unsettled. May was the
weakest and most of the day sold at a
slight discount. June and July, while
selling at lower prices. were relatively
stronger than May. The opening was
.ractionally lower; advanced 18@Ic on
fair buying. chiefly by shorts, became
weaker and declined 15@36c. rallied
slightly, closing at a shade lower than
yesterday. Trading was fairly active
n mess pork and prices ruled irregular.
Early the feeling was rather weak and
prices declined 10@1215c. Later the
market showed more strength. and
prices rallied 1501715c. Outside figures
we're not maintained and the market
closed quiet. a moderate trade was re-
ported in lard, chiefly on local account.
Prices ruled 215@5c lower early in the
day, but rallied again later and ruled
comparatively steady to the close.
Trading was fairly active IN short ribs.
A weaker feeling was manifested early
with moderate offerings and prices re-
oeded 212@5c. Later the demand was
slightly improved and prices advanced
?12W4c. and closed steady.
Cash quotations were as follows: Flour
dull and unchanged. Wheat - No. 2
spring, SG1l@S65Ic; No. 8 spring. 750
Soc; No. red. S615@S62Sc. Corn-NO.
;, 34$4c. Oats-No. 2, 231Ic. Rye-No.
?, 43c. Bariey-NO. 2, none. FlaXseed-
No. l, S1.55. Prime Timothy Seed
A.35@1.36. Mess Pork Per bbl. 81. SOFA
ll.05. Lard-Per 100 lbs. S6.65@6. rs.
Short Ribs - Sides Qoose), SG.95@6.
ohoulders-Dry sailed (boXed), $3.50
so. Short clear sides (boXed), SC. 25a
1879. Whisky - Distillers' finished
goods, per gal, S1.03. Sugars-Un-
changed. Receipts-Flour. 10000 bbls:
wheat, $4,000 bu: corn, $4,000 bu:
bats, $4,000 600 bu: rye, 1000 bu: bar
ley, $1,000 blu. Shipments Flour. 1000
bbls; wheat, 61,OOO bu; corn, $4,000 bu
bats, 2l3,000 bu; rye, 5000 bu: bar,
.ey, 10000 bu. On the produce eX.
change to-day the butter market was
active and unchanged. Eggs firm al
101%c.
The leading futures ranged as follows:
Wheat-No. 2 May opened at SS3Lc
closing at S755c; June opened at SS$lc
closing at S73lc: July opened at S2lc
closing at S24c; year opened at 7Sc
closing at 7715c. COrn-No. 2 Nav
opened at 345sc. closing at 343Ic: JULY
opened at 3524c, closing at 95alc. Oat:
No. May opened at 24c, closing al
23$4c; July, opened at 24c, closing al
2315c. Mess Pork per bbD-May
opened at S11.S0: closing at S11.7715
june opened at S11.7715, closing al
kll.S5; July opened atS11 .9215 CLOSING al
l1.9212. Lard (per 100 lbs)-May opened
at $3.50, closing at S6.S715; June opened
at S6.S112, closing at $500: July opened
At $751;, closing at S6.971l. Short Rib:
per 100 lbs)-May opened at S5.95, clos
ing at S5.9715; June opened at So, clos
Ing at S6.05: July opened at S6.1O, clos
Ing at S6.l215.
- RH a,r,n1