St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-01-01
THE COMMERCIAL RECORD.
May Wheat Takes an Upward Turn, and
Closes for the Year at
S106 "a.
Corn and Oats Quiet and Shade Lower,
Provisions Showing Considerable
Strength.
Financial Operations in the Monetary
Centers---TI1e General Quota
tons.
Special to the Globe.

Special TO the GlOOe.
CHICAGO, Dec. 31.-The early markets Oh
change exhibited considerable strength III
the leading speculative articles-wheat, corn
and mess pork. The feeling in wheat LED 10
fair activity, The opening for May was at
$l.O7, and the price went 10 $l.oo the hrst
hour, returning to S1.07as, and was STEADY
about Sl.O7l2 about IL o'clock. OUTSIDE
markets also started higher, and showed al
vances of to cents over the close yester-
day. May corn sold early at 37l593Issc,
with JanuGry at 343S@31Ssc. May pork
ranged for the forenoon between $l33o@
13.45, with lard and ribs about steady. When
the demonstrations on change began at
1915 p. M, which ended the business Tor
the year, May wheat rested at S1O6S4. The
market for the season was fairly active, ana
prices ranged S1.0634 to $l.OS. The spec
ulative feeling was strong. New YORK e1-
ported 66,00U blu. Cash stuff was nearly &c
higher early in the northwest. Receipts
here were 81 cars The visible supply OF
wheat increased 2S5, 900 bu. The closing
prices for the year were: December, S1.o1l2;
January, Sl.014s; May, $1.06s4. The corn
market was quiet, with prices little changed.
The s:ble supply showed an increase OF
1,22S, 900 bu. Receipts were 15S cars, with
245 cars for tomorrow. Export clearances
were 524. 600 bu from Atlantic ports. Oats
were Quiet and q shade lower for May. Re
ceipts 81 cars.
THE ROUTINE REPORT.
CHICAGO, Dec. 31.-Whea ruled fairly act
i've and unsettled. The opening was strong
and l9c higher than Saturdays closing, ana.
with a continuation of the strength then ex.
listing and good buying. further advance OF
lie YVES established. Later week feeling set
in, influenced by liberal offering due in part
10 rumors that stocks in the United Kingdom
would be 1000 00I bushels larger than last
year and another that he stockin the United
Kingdom. the continent and afloat would be
ii ,000, 900 bushels larger than year ago.
There was considerable realizing by parties
who had bought just previous to the recent
advance. Prices declined l Ssc from the top
and closed about the same as Saturday, Corn
was moderately active, ruling firm early ana
lower later. The market opened at Satur-
days closing prices, Immediately adv anced
Ac, reacted S4c and closed A0t2c lower
than Saturday. There was good demand
for January early and this had strengthen
ing influence ON the other futures. Oats
were weak and lower. There was an IN
creased desire on the part Of some large
holders TO sell, one operator disposing of
about one million bushels of May at 2Sa4c.
Despite the heavy selling the buying was
good, especially from shorts and prices de-
clined only ssc, rallied slightly and closed
steady at ls014c lower than Saturday. Quite
SOOQ business was zone III UleSS pOTh dl IL
regular prices Early in the day the feeling
was easy and prices declined 5@Tl2c. Later
prices rallied 10@l2l2c, but declined again
1C@l5c, and closed comparatively steady.
decidedly weak feeling prevailed In lard and
prices ruled decidedly lower.-about SIC for
December and l0G1l5c in the longer deliV-
cries. The market closed rather tame. Trad
ing was moderately active i'll ribs, but prices
exhibited little change.
THE GENERAL QUOTATIONS.
n hon NrNnr nj
closing at 81. O1l2: January. $1.01a4, closing
at S1.01 So; May, S1.0712. closing at S1.0684;
July, 97lsc. closing at $97lsc.. Corn-No; 2,
December opened at 34Ssc. closing at 34c;
January. 34l2c. closing at 345sc; May, 37Ssc,
closing at 37Ise Oats--No. 2, December
closed at 25c: January opened at 25lsc, clos
ing at 25lsc; May, 287sc closing at 2S9so.
Mess pork, per bbl December closed at
Sl2. So; January opened at Sl2.S5, closing
at $l2.93; May; Sl3.45, closing at 81. 40
Lard, per 100 lbs, December opened atSI.9O,
$3.50; May. 81 81. closing at S7.77i2. Short
ribs, per 100 lbs. January opened at $3.50
closing at S6.77l2; March. $G.S7l2, clos
ing at $3.50; May. 81, closing at 81;
Cash quotations were as follows: Flour
firm; unchanged. Wheat-No. spring,
Sl0l@1 .O1l2; No. 3 spring. s5@95c; No: 2
red. S1.0l@l.01l2. Corn-No. 2. Sac bid.
Oats-No. 2, 2a1sc. Rye-No. 2, soc. Bar
ley-No ., zoe. Flax seed-No. /, S1.6l@
1862 Timothy Seed-PIime, S1.50. Mess
pork. per bbl. So. s5@Ie so. Lard. per 100
lbs, $7.6O@7 G4la; short ribs sides, loose,
S6.80@6.e5: dry sailed shoulders, boxed,
Sc. 7526. S7Ia; short clear sides, boxed,
$7.I4l2@7. rs. Whiskey-Distillers finished
goods, per gal, $l.O3. Sugars unchanged.
Receipts-Wheat, $4,000 bu; Corn, 333,O1O
blu. oats, $4,000 bu; rye, $4,000 bu; bar
ley, 10000 bu. Shipments-W heat 10000
bu; corn, 5000 bu: oats, 10000 blu: bar
ley. q, 200 Blu. On the produce exchange
to day the butter market was dull: fancy
creamery, Csc; good to choice, 23@24c; fine
diaries, %; good TO choice, 1St02Oc. Eggs
dull at Sc