St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-25
SATURDAY SPECULATIONS.
May Wheat Dances to a Lively Tune
and Closes at S1.04 IL.
SECURITIES ARE SLUGGISH.
The Usual Saturday Lassitude on the
Stock NEUTRALITY-SUSPICIOUS.
aad Livestock.
Special to the Globe.

Special to the Globe.
CHICAGO, ILL.,, March 23.-The opera
lions i'll wheat to-day would have been
regarded as wonderful but for the fact
that for range of prices and intensity of
feeling it fell far below yesterday. AS
it was there was variation in May the
first hour of SIC. with ~ to &c fluctua-
tons in June and July. The market
was excited, with May selling at s1.O41s
@L0512 the first few minutes, after
which that future was neglected for
short time, and the tip was ont to take
July. While the deferred futures were
being picked up freely the short scare
again broke out in May. They had
eased to $1.04114 OH the lull, and started
up with rush. which ended at S1.O7$l,
a straight upward turn of SIC in short
order. June sold at 9S14c@S1, and July
at SS3s@9014c. Following the bulge
there was big selling of May by Bloom.
Poole bought openly, but, it was said,
gave selling orders to brokers. The
clique houses are closely watched. and
no heavy Sellig was traced directly, but
there was no doul that Fairbank wheat
went out above S107 quite freely. At
AT the same time reports of rain where
most needed were wired from the
Southwest and the fever to buy
July was quickly over and the price
went off from 9O1lc to SS1ac. May, after
touching the top for the day at $1.0S2l,
went off TO S1.04I, rallied to S1.06, went
off to S1.05. and again rallied slightly
before p. m. June dropped back from
81 to 99c. The outside news was not
significant. Liverpool closing cable
gave wheat futures sc higher. Export
clearances were 10000 bu from Atlantic
ports. Compared with the previous
week, clearances from four Atlantic
ports show an increase of $4,000 blu
wheat and $4,000 bbls flour. Receipts
here were AZ cars. with 10 cars
No. 2. The estimate on the prob
able decrease in the visible supply
for the week is about 100000 bushels.
During the last hour of the session,
May wheat held around S1.05 to S1.0515
until just before the close. when the
price was let quickly down to $1.0412.
Corn was quiet and trlfle higher. Re-
ceiptS 266 cars. Oats were strong and
fraction higher. Receipts, l61 cars.
The provision market continues strong.
Prices ranged higher under good de-
mand and improved prices for hogs.
The close shows a gain of 71a@10c all
around.
CORN, PORK AND OATS.
CHICAGO, March 23.-Corn was fairly
active and firm early, and quiet and
or
about the closing prices of yesterday.
firm, and advanced &c on covering by
shorts, influenced some by the strength
of wheat. Offerings became larger at
the advance, the aggregate being suf-
ticient to more than satisfy the demand, !
and the market reacted, declining &c, I
closing same as yesterday. The mar
ket for hog products exhibited con-
siderable strength during the great
| ruled higher on all the leading specu-
lative articles. When the extreme fig
ures were reached, the offerings were
enlarged somewhat, and prices receded.
Toward the close the feeling was
stronger, and prices were again forced
to outside figures. Prices receded
slightly, but the market closed strong.
Oats took slight bulge early to-day in
| sympathy with wheat. May opened at
| 259sG2511ac.
PRICES FOR THE DAY.
The leading futures ranged as follows:
Wheat-No. 2, May, opened at $1.O41S,
closing at Sl045s; June, 99c, closing at
Csc; July, SOC, closing at SS3sc; year,
| size. closing at Sic. Corn-No. 2, May,
closed at 34119c; May opened at 3556c,
closing at .35%c;. June, 35ASc, clos
ing at $500: July, closed at 3619c;
Oats-No. 2, March. closing at 255Sc;
May opened at 2524c, closing at 252lc;
July opened at 25c, closing at 2516c.
Mess Pork (per bbly-April, opened at
$3.50; May, opened at s12.55, closing at
S12.55; June, s12.55, closing at s12.6O:
July, S12.621a, closing at $12.65. Lard
| (per 100 lbs)-March, closing at S7.O21S.
May, opened at s7.O5, closing at
| S7.121a; June, $40, closing at S7.15;
July, S7.l5. closing at S7.171s. Short
Ribs per 100 lbs)-May closing at
Cash quotations were as follows: Flour
quiet and firm. Wheat-No. 2 spring,
S1.024@1.O2as; No. cred, 81. O214@1 O25S.
Corn-No. 2, 343Sc. Oats-NO. 2, 245Sc.
Rye-No. 2, 43c. Flax Seed-No. l, S1.51
@1.52. Timothy Seed-Prime. s1.SS@
LAO. Mess pork, per Dbl. $12.50@12.55.
Lard, per 100 lbs. S7.05. Short ribs
sides, Goose, S625@6.3O. Shoulders
Dry sailed. (boxed), S5.5O@5.75. Sides
Short clear, (boxed), s6.5O@6. 62115.
Whisky-Distillers' finished goods, per
gal. s1.O3. Receipts-Flour, 5000 bbls;
wheat, 21,00O bu; corn. 600 bu; oats,
$4,000 bu; barley, 10000 bu. Ship
ments-Flour. 5000 bbls; wheat, 5000
blu; corn, $4,000 blu; oats. 76,OC0 blu;
rye. 1000 bu; barley. $4,000 bu. On the
market was slow; creamery, lS@24c:
dairy, 13@21c. Eggs weak; fresh, 10