St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-02
A DULL FRIDAYS TRADING.
A Quiet and Uneventful Day in the
Wheat Pit Everywhere.
CORN SHOWS SOME STRENGTH
n Stocks All Leading Shares Close
Observation-Disclosures mar
kets.
Special TO the Globe.

Special 70 the Globe.
CHICAGO, ILL.,, March This being
delivery day Oh Change, speculative
markets opened at 1920. The March
deliveries were light all around. The
best estimate made by the trade on
morning deliveries was about 49,
900 bushels of wheat, 100000 OF corn.
5000 pounds of short ribs, 1000 tlerces
of lard and perhaps 500 full barrels OF
mess polk. The character of the de-
livery had little to do with the action or
the markets during the session. Inc
wheat market to-day was the dulleSt OF
the week. The bulls and bears are
very wide apart in their views OF where
the price of wheat will eventually land.
The result is very light trade, except
when there is raid by the local bears
or scare of the shorts by the Clique
buying. There has been little trade in
March stuff, and of course the deliveries
to-day were light. Cables reported the
stock of wheat at Liverpool decreased
592, 900 bushels for the month and flour
decreased 10000 to $4,000 barrels.
1t was also reported that the
English stock is decreasing rapidly.
New York dispatches were bearish, and
the trade there regard the holders OF
high-priced wheat in a hole unless the
crop outlook shall prove very poor and
thus help them out. Primary receipts
were about 100000 bu. Receipts here
were 1O1 cars, with 81 cars of No. 2. EX-
port clearances were 10000 bu from
Philadelphia. In this market there was
little to manipulate, and the range of
prices was narrow up to l p. m. The
action in May was s1.075555, to s1.075s@
1.O75s, to S1.0755@1 or, and to the
closing figure. Corn was steady under
good demand. Prices closed about &c.
higher. Receipts were 313 cars. Oats
were dull. Receipts. 1856 cars. There
was a show of activity in provisions
most of the session, but there was more
bantering than business. Opening
prices were very near the bottom for
the day, and the best strength was
shown toward the close.
THE RECORD OF THE DAY.
CHICAGO. March Trading in wheat
was below the average of the past few
days and a quiet and dull feeling pre-
vailed. The feeling was rather steady
and fluctuations were confined within
narrow limits, the entire range being
&c, and closed about &c higher than
yesterday. No outside business to
speak of and only limited local trading.
Tie deliveries of wheat on March coll
tracts were light. There was lack of
outside news. Corn ruled quiet and i'll
active early in the session, but fairly
active toward the close. Trading was
quite large, but confined to trans
actions between local operators. The
feeling is generally quite firm, offer
ingS being only moderate, while
very fair demand existed. The
market opened at yesterdays closing
prices, declined 1s@5sc, advanced &c,
ruled steady and closed B@4c higher
than Yesterday. Oats were quiet and
steady with no marked tendency. There
were no deliveries on March contracts.
A fairly active trade was reported in
hog products; but the feeling was some
what unsettled. The weakness i'll the
hog market had some effect early in the
day and sales of the speculative prod
uets were made at lower prices. The
deliveries on March contract, were
limited and the prospect of the report
of stocks OH hand showing slight in
crease, only had a strengthening inf1u-
enee later and prices rallied again. Out
side prices, however,, were not sup
ported to the close, and the market
closed rather quiet.
THE GENERAL QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. March opened at s1.O455,
closing at Sl.045s: May, s1.0739, closing
at s1.O7$4; June, S1.O15S, closing at
Sf.O24; July, $3.50, closing at $3.50.
Corn-No.2 March opened at 3415c, clos
ing at 34115c: May, 351sc, closing at SEC;
June, 355sc, closing at 353lc. Oats-No.
2 March closed at 2515c; May opened
at 274c, closing at 2714; June, 261sc,
closing at 26Sc. Mess Pork (per bbl)-
March opened at S1l.95. closing at S11.15;
May, Sl1.20, closing at S1l.30; June.
$1l.30, closing at S11.40. Lard (per 100
Ibs)-March opened at $685., closing at
S6.70; May. S6.T7119, closing at $3.50; June,
$3.50, closing at S6.S21I. Short Ribs (per
100 lbs)-March opened at 1886, closing
at $3.50; May, So, closing at S6.O5.
June, S6.0715. closing at S6.121S:
Cash quotations were as follows: Flour
firm and unchanged. Wheat-No. 2
spring, S;o41s@LO41S; No; 8 spring,
Corn-No. 2, -3419c bid. Oats-No. 2,
251Ic. Rye-No. 2. 1890. Barley-No.
., nominal. Flax Seed-No. l, S1.4s.
Timothy Seed-Prime, 81 .43@1.45. Mess
pork. per Dbl, Sl1. l21l0111.25. Lard, per
100 lbs, 500. Short ribs sides Qoose),
S5.S5005.95. Dry salted shoulders {boXedD,
S5.250c5.3715. Short clear sides (boXed),
Sc. 1232I(16.2 %. Whisky-Distillers' fin
ished goods. per gal, jsl.03. Sugars
Cut loaf unchanged. Receipts-Flour,
5000 bbls: wheat. $4,000 bu; corn, 1885,
900 bu; oats, 10000 bu; rye, 5000 bu;
barley. $4,000 blu. Shipments-Flour,
1000 bbls; wheat. $4,000 bu; corn, 1O3,-
600 bu; oats. $1,000 bu; rye, 5000 bu:
barley, 1S,G00 bu. On the produce ex-
change to-day the butter market was
easy; fancy creamery, 25(026c; good to
choice. GOOGLE: fancy dairy, 2O@21c:
good TO choice, lS@20c. Eggs steady at
12A@13c.