St. Paul daily globe., 1889-10-05
A MARKET WITHOUT SNAP.
Wheat Gets Iuto a Rut From Which
Neither Side Gal Dis
lodge It.
a Little Spurt Just at the Close Car
rieS Prices to Outside
Figures.
Financial Operations Of the Money
Kines---The General Quo
tations.

CHICAGO. Oct. A.-The wheat market today
was narrow, but the volume Of trade was OF
fair proportions. The market opened ABOUT
steady. with December wheat at S2e, ana
this was the turning pointall day. When inc
price was above S2c the bulls felt hopeful,
snd when the price got under that figure the
bears felt that they scored point. lt was 4
zigzog market ND 70 l o'clock, with SlF4J
S2I4c the outside figures october SOFA at
SOHO SOIae, while May sold at S44dlcoc-
Receipts were I57 cars, with l9 cars OF NO
grade. The estimate for Saturday was put
1876 cars. British cables were not lnfnentlal
either way. Northwestern markets Were
wired rs follows: with no business al
quotations. the seaboard cleared but 9,5uo
I'm all told. with nothing from New York.
In this market early Baxter was buyer,
while Dunn q Co. and William Young q
20. sold freely. Later Kennett sold, ana
ZONES -Eennett offered heat freely here and
III New York. On this, December fell on TO
Sls4c The rally above sec was on buying
bv Ream anu Lindblom. A cable from May
enee to Washington reiterated the bull news
that the European wheat crop is 10 per cent
less than an average; that the crop VIII De
81 as against 9S in 1SSS, and ITO in 1887.
The action in December in this market was
S2c to Sl7sc to S2Ac 10 S1S4c 10 o2lsc. 10
SIIac at l o'clock. There was tirmer feel
ing at the close in wheat. Prices were bld up
brisklY to points about ssc over the best ng-
ures of the morning all around. Receipts
were 95 cars winter wheat, oZ ears
sprlng. 369 ears corn, 621 cars cats
bv rail and lO.500 bu corr by canal.
Withdrawals from store were o0,ouo
bu winter wheat, 30, S23 bu sprlhg'
29I ,566 bu corn and 4,4l0 bu oats. Ihe
L. WAC
demand for May corn, but not much doing
in the near futures. Last sales were is0 Ac
lower. Oats were quiet and unchanged. The
Injunction granted by Judge Shepard pro-
hibiting the delivery of Octoberpscked pork
pffectuallv sduelched the trading in pork.
Januarv. which had sold between So
and 50 27Is before the decision was gener-
allv known, did not afterward step over
these limits. Two trades were made IN octo-
Der during the forenoon. One OF these was
made at Sll: the other was at SlO.SO. Two
lots of new pork which were refused by Nc
1ormiek & Co. and COunselman d co. yes
terdav were sold in the open market for the
account of whom it may concern" Hutchln-
son took both lots. paying SlO3o for one
and $40. 30 Tor the other. LARD and ribs sold
within narrow range. and closed 2l2CG0c
higher.
THE QUOTATIONS..
The leading features ranged as lolloMe:
Wheat-No = December, opened at sc.
closing at s29sc; year, SOAc, closing at
sOSlc: Nav S494c, closing at S5lsc. Corn
No. 2 November opened at l2sc, closing at
3IIsc; December. 31Igc, closing at 81 4sc;
Nav 33Ssc, closing at 33l2c. Oats-N0- =
December opened at 1934c, closing at lSesc;
January. zoe. closing at 1889: May, 229se,
closing at 22Ssc Mess Pork (per bbD.No-
yember opened at $40. closing al S9.3142;
wear, SS.O2l2. closing $500; January,
So 22I2 closing al S9.@5. Lard tper loO lbsl
November opened at $50, closing at
s. .92Ia; year. S5. 50, closing at 50. 80; Janu-
ary, S5.s1Is, closing at $3.50. Short
Ribs (per 100 lbs)-Noyember opened
at S4S5 closing at $3.50: Janu-
airy, S4.72l2. closing at S4;1Zl2.
Cash quotations were as follows: Flour
steady aud unchanged. Wheat-No. spring,
5s6SU7se: No 8 spring, 67@69c; No.
red, SO5sG SO7sc Corn-No. =, 3U7sc. Oats
No. Q l9ss619l2e. Rye-No. ., 41l2e. Bar
Jev-No. ,. SIC. Flaxseed-NO. 1, S1.27l2.
Prime tlmothv seed, ST. Mess Pork-Per
bbl. S1U.5 G1O.75. Lard-Per 100 lbs,
S6 I5d6. 20 Short ribs sides Qoose), So
a5lC. Whisky-Disuliers finished goods,
per gal, 81 O2. Receipts-Flour, 19,ooO DIS
wheat. 81, 600 bu; corn, 236,OO0 bu; oats;
25IO0O bu; rye, 10000 bu; barley, eS,uOo
bu. Shipments-FlouT, l0,O5O bbls; wheat
9D, 100 bu; corn, 10000 bu: oats, l9I,O0O
bu; rye. 16,0JO bu; barley, 43.OoO bu. On
the produce exchange to-day the butter mar
ket was unchanged; eggs, 11Q.l7i2c.