St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-05-18
ANOTHER QUIET SESSION.
Wheat Spectators Find Very Little to
Encourage Them.
ACTIVITY IN STOCKS.
Wall Street Shows Temporary Improve
ment-.-Live Stock and Pro-
visions.

CHICAGO, May l<.-1ne Wuedt AAtiAASS "esS
closely watched to-day, but trading was not
of the sort to change prices materially. Ihere
was little outside news of importance. hains
continue in many sections, and this morning
favorable crop talk was the encouragement
of the bears. The export clearances were
very model ate, while Baltimore reported nine
boat loads taken for export. Cables were as
bearish as Thursday, giving spot and futures
going lower. At New York the market was
insignificant, and exporters selling out and
bulls attempting to cry "too much rain" In
this market there was an indication of lit
tie better strength early. 1t Is believed that
there would have been a fair reaction but Tor
Hutchinson, who sold quite freely and pre-
vented any upward movement beyond Ac
from the opening prices. June sold at SOl2c
to SUAc, to SOlsc. to soc. July sold at 167sc,
to 77sc, to 764c, to 7.lsc, to 76i2c, lsc under
the lowest yesterday, to 767sc, to 76s4c, TO
TIC at / o'clock. Receipts were 33 cars,
with no No. stuff. There was little furry
Just at the close in wheat, when prices moved
up about Ac for all futures. Last prices
were the best for the day. Corn was weaker.
The large receipts, present and prospective,
the excellent growing weather and the weak
ness in wheat were the main depressing in
fluences. Cudahy and Lindblom were the
principal sellers early, though no large lots
were put out. 1t is expected that now that
farmers are through with their spring work,
they will commence marketing corn. re-
ceipts were 513 cars. Oats were dull. but
steady. Receipts, 1872 cars The provision
trade was dull, but prices ranged higher and
closed 2O@27lac higher for pork. &c higher
for lard and 712c higher for ribs. The de-
creased receipts OF hogs, and higher prices
for the same, created better feeling and
some good buying resulted.
THE DAYS TRADING.
CHICAGO MAY l7-Wheat ruled dull early
in the day, with more doing just before the
close No new features were presented.
July opened firmer and about Ice higher,
advanced Nc and. after slight fluctuations,
sold off 4sc, then ruled stronger, and closed
closed about 4c higher. Market advices
were discouraging to holders Domestic
markets were easier. The weather is hot
and crop advices favorable. The closing
market was strong, Influenced by covering
of shorts, who did not find much wheat for
sale. A fair business was transacted in corn
at further decline in prices. The specu-
lative offerings were liberal. The principal
weakening factor is the large receipts, both
present and prospective; Farmers are gen
and larger movement is looked for in
near future. The fine weather also
had q weakening influence. The market
opened at yesterdays closing prices, was
active. closing A@ssc lower than yesterday.
In oats there was fair business in changing
contracts from May to June at even figures,
also moderate trade in the more deferred
futures. There was less pressure to sell, and
although the demand did not appear brisk,
steadler feeling prevailed. A moderate trade
was reported in trade and the market was
stronger. The market opened Toe higher
and prices further improved 15c, but re-
ceded slightly and closed steady; Only a
fair trade was reported in the lard market.
Sales were made at about yesterdays figures,
and the market closed steady at outside
figures. Trading was fair in short ribs. and
the feeling was steady. Prices ruled 5@712c
side prices.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. June opened at Sic. closing
at Sic; July. Jesse, closing at 771scc; Au-
IT'S 7ss4c co G June opened at SIC.
closing at 337sc: July, 34asc, closing at 34abc;
August, 35lsc, closing at 35c. Oats-No: 2
June opened at 22Ac, closing at 22a4c: July,
22Ac, closing at 22Bc; September closing
Sill. Is. closing at SLIGO; July. S1l.55,
closing at Sl17O; August S11.7O, closing
at $l1.75; Lard (per 100 lbs)-yune
opened at .S6.75, closing at $3.50; July,
So.oop2, ciOslHg at yo.oo, August vo;0c,
June opened at $3.50, closing at
S5.S7R; July, S. 80, closing at
$500; August, $5.95, closing at So.
Cash quotations were as follows: Flour ireg-
ular and nominally easier. Wheat-No:
spring, s3@s34c: No. 8 spring, 72c;
No. 2 red, 83@S3Ac. Corn-No. 2, $40
341sc. Oats-No. 2. 22Ac; Rye-No. 2,
41c. Flax Seed-No. l, $1.51. Prime tim
othy seed, $1:35@1. SO: Mess Pork-Per Dbl,
$l1.65. Lard-Per 100 lbs. $6.7719@6. 80.
Short ribs sides Qoose), $5.s5@5.95.
Dry sailed shoulders (boxed), $5.25@5.50.
Short clear sides (boxed), Sc. 1906 25.
Whisky-Distillers' finished goods, per gal,
S1.O2 Receipts-Flour. 5000 bbls; wheat,
%, 900 blu; corn, 2l1,O 900 bu; OATS 123.-
600 bu; rye, 1000 bu; barley, $4,000 Blu.
Shipments Flour, 10000 bbls; wheat 49,
600 bu; corn, $4,000 bu; oats, 1923, 600 bu;
produce exchange to. day the butter market
was weaker but not Quotably lower. Eggs