St. Paul daily globe., 1889-02-11
Corn Weaksns, Oats Continue Firm,
Provisions Taking a Tumble at
the Glese.
Financial Operations. In the Monetary
Centers-.-The General Que
tatiens.

through his brokers, the most cOnspic-
uous buyer early to-day at S1.03 and
$1.031S, but it was claimed that he was
seller at Sl.04. His transactions more
than any other kept the price within 1c
range the greater part of the session.
The bullish news was from the North
west, where the wheat is held that way
taken from farmers hands at the high
est prices. The talk was mostly about
flour, and it was claimed that the de-
mand continues good and that further
large sales were made at Minneapolis.
Receipts were so cars, with car Of No.
2spr.ng. The Monday estimate is Al cars.
The action in May wheat in this market
was s1.03115 to open, up to s1.04. off to
Sl.03, up to $1.04, off to $1.02% fora
moment, up to Sl.03119(0l l.03s4 at p. M,
with the pit dull. July ruled about 13c
under May, selling between 90c and Gle.
Wheat closed &c over the bottom price
of the day and 7sc under last night at
s1.0S11s for May. Dispatches were re-
ceived shortly before the close by
Dwight and others giving $4,000 to 35,-
900 bbls OF -four taken at Minneapolis
to-day. The news had no effect in the
pit. Corn receipts were 491 cars this
morning and the estimate for Monday
was Al cars. The grading showed 26
cars No. 2, II cars billed through and AZ
cars No. 4. Out of the entire re-
ceipts, $50 cars went through. Ship
ments were 135.0o0 bu. Export clear
ances were 100000 bu. Prices were main
tanned early. but weakened later in the
day about &c for March and May. Oats
promised early to be strongest thing on
the floor. There was good buying, and
May sold at from 271sc up to 271ac.
Later the action was reversed, and the
close was steady at 2715c. Receipts,
1876 cars, estimate 40 ears. Provisions
were strong and higher early in the
session, but the strength did not hold.
About noon there was weakness all
around, and prices not only lost the ad-
vance of the mern.ng, but sold 5(915c
below closing figures yesterday. The
business was mostly in May. Ribs sold
at $6.25@6.271a. and off to $5.171a at l
p. IN. Lard weakened from s6.9711a to
$6.s5. Mess pork, $11.72115911.75 to
s11.65 early, and toward the close to
s11.52115. rallying to s11.55. just before
the close. Packing to date is 1.227,000
hogs, against 1,552,O00 one year ago.
THE ROUTINE REPORT.
CHICAGO. Feb. 9.-Trading in wheat
to-day was not as heavy as yesterday,
still a fair business in the aggregate
was transacted. The buying and SELL
ing was not as pronounced as yesterday,
and the huctuation of prices c0:,fined
within smaller range. But judging
from the action of the market it appears
that the short interest those who were
frightened at about the price ruling. had
covered very freely, consequently there
was less demand. The market opened
about &c lower than yesterdays clos
ing, advanced 15c. ruled steady and
closed about 34c lower than. yesterday.
day, but as the session advanced.
weaker feeling prevailed. Transactions
were confined mainly to May. The
market opened at yesterdays closing
prices, and was steady for time,
there being some orders around
$3.50, but when the estimates for Mon
day became known, the local crowd sold
and this. together with the free offer
ings by one local operator caused a de-
cline of &c, reacted some and closed at
5000 lower than yesterday. Oats
opened strong, at yesterdays closing
prices, advanced sc, grew weak, re-
ceded and closed at about inside figures.
Little. attention was given pork. The
filling of orders advanced prices 5@l0c
early in the day, but a weaker feeling
| 2O02215c was submitted to. Trading
was moderate in lard. Prices were If
regular, trit1e higher early, but de-
clined 1O(@15c later, and closed weak.
Only fair business was reported in
short ribs. Early the market was
stronger. prices ruling 211a95c higher.
but later weakened and a reduction of
5010c was submitted to.
THE GENERAL QUOTATIONS.
Wheat-No. l, February opened
| $1.O11a; March opened $1.O1%, closing
S1.O1&; May opened s1.U31s. closing
s1.O311s; July opened 901ac, closing 9o1sc.
Corl-No. 2. February opened 34l5c.
| closing SIC; March opened 34s4c, closing
3411sc; May opened s51sc, closing. 3577sc.
Oats-No. February closed 25c;
closing 271sc. Mess pork per bbI-
February closed s11.25; March opened
| s1l.4o. closing s11.35; May opened
| S1l.721S. closing s11.35. Lard (per 100 lbs)
February opened s6.s5. closing s6.75;
March opened s6.s715, closing s6.75;
| May opened $685., closing 1856.
! Short Ribs (per 100 lbs)-February
opened St; March opened $6.1O, closing
! Sc; May. opened 1925, closing S615.
| Cash quotations were as follows: Flour
| Steady and unchanged. No. 2 spring
wheat, Sl@l.OS; No. 8 spring wheat,
| S7(092c; No. 2 red, S100l.OS. Corn
No. 2, 34c. Oats-No. 2, 25c. Rye-No.
| 2, 1919. Barley-No. 2. nominal. Flax
| seed-NO. l, sl.59. Prime timothy seed,
s15O. Mess pork, per bbl, s11.35@l1.4 40.
Lard, per 100 lbs, S6.77115s. Short ribs
| sides Qoosel, S6(66.10. Dry salted shoul-
| ders (boxed). $5.50(06. Short clear sides
| (boxed), s6.25(96 .371s. Whisky-Distil-
| lers' finished goods, per gal, s1.O3.
| Sugars, unchanged. Receipts Flour.
| 1000 bbls; wheat, 12.0OO bu; corn. 159,-
! 600 bu; oats. 11S,0O0 bu: rye, 5000 bu;
barley, $4,000 bu. Shipments-Flour,
5000 bbls: wheat, 10000 bu; corn, 1885,
600 bu; oats, 71,000 bu: rye. 1000 bu;
barley. $4,000 bu. On the produce ex-
change, to-day. the butter market was
steady; fancy creamery, 2S@29c: good
| to choice, 20@25c; fine dairy, 2Old22c;
| good, 15@2Oc. Eggs steady at 1311a(@14c
r. M. NEWPORT & SON,
Investment Bankers,
152, 153, 154 Drake Block. Loan Money
on Improved Real Estate Security,
At 6. 81. s.s1s and 8 per cent.
On Shortest Notice for any amount