St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-01
TWAS A SLEEPY SATURDAY
The June Option Attracts Little Atten-
ton in the Wheat Pit.
STOCKS DULL AND LISTLESS.
The Old Leaders Show Some Life, but
the Others DroOp---Pro-
visions.

CHICAGO, ILL.,, March 3O.-The wheat
market was excited at the opening, be-
cause of curb transactions. which forced
the price of May to Sl.06. The first price
in the pit was Sl.05, or 1c over last
night. The way at which wheat was
offered OH the temporary bulge made it
apparent that the price was advanced
for the purpose of selling to advantage.
There was fair volume of trade as the
price settled back &c at a time to
s1.0215. After that, for an hour OF two,
there was an unsettled feeling with May
between S1.0215 and S1.03, and before
1890 p. m. the price settled to S1.02.
June opened 1c higher. also at CSC, went
off to 97c, rallied to 9715c, and again
went off with May. July started steady
at SS1sc, sold off to SS5sc, back to SS5sc
and later in the day, on heavy
selling, went off to size. Cables were
featureleSs. There was talk of 100000
bu of surplus wheat for Great Britain
from New Zealand. Reports from Cali
fornia were of copious rains and good
crop prospects. New York was bear
ish, with May at 9Oc at the close. There
was talk of 100000 bu decrease in the
visible supply for Monday. Clearances
from four ports for the week were 400,-
600 bu wheat and $4,000 bbls and sacks
of -four. Exports at New York to-day
were $4,000 blu of wheat. The liquida-
tion of raiding and short selling in
wheat continued to the close. The
last half hour May sold off to
S1.0l1a, closing at S1.01$4. July touched
S71ac. closing at S7Sc. There was no
new feature in corn. Receipts were 200
cars. Grading showed 60 cars No. 2
and but IS cars No. 4. Shipments $4,000
bushels. Atlantic ports cleared $4,000
bushels and New Orleans 43, 600 bushels.
Prices for futures were little changed.
Trading was light in oats. The market
opened high, in sympathy with wheat.
There were no shorts covering. Efforts
to bull the market were spoiled by
Hutchinson, who offered to sell any
amount of May at a low figure, and the
market broke trifle from best figures.
The provision market was dull for lard
and short ribs, with fair trading in mess
pork. The result of the days trading
was loss of 5(971ac all around at the
close.
THE DAYS TRADING.
CHICAGO, March 30.-1n wheat to-day
a quiet and easier feeling existed. The
only feature in the market was the
rather free selling of May wheat, partly
on stop orders. Trading was light at
about the same as yesterdays clos
ing to lie higher, declined to a
point 219c and closed about 21lc
lower. July sympathized with May
and declined nc, closing %c
lower than yesterday. There was no
encouragement in outside market adj
vices. Home markets were weaker.
Lower barometer gave indications
of change in the weather, pos
sibly snow or rain, and this in
duced selling of the new crop
ness some. Corn was quiet and steady
early and moderately active and frmer
later. Opening sales were at about the
closing of yesterday, and steady for
time. Operators who usually trade
in wheat then came into the pit
and purchased fair quantities, and local
''ShortS" incoverlng bid the market up
and prices advanced &c, reacted
3$@Hc, ruled steady, closing
shade higher than yesterday. Oats
were stronger and 1s@4c higher
early. but outside prices were not main
tanned until the close. Trading was
very active in mess pork. Opening
sales we're made at slight advance, but
the offerings were slightly increased.
and prices receded 15@1715c. Later,
prices rallied 171a@20c, but settled back
again 1219915c, and closed steady. A
comp aratively light trade was reported
In lard, and the feeling was easier.
Trading in short ribs was only fair and
nh1npaS cljuht Drianc
slightly, but the market was firm at the
reduction.
PRICES FOR THE DAY.
Wheat-No. 2 May opened at S1.O5,
closing at S1.0124; June opened at
csc, closing at $3.50; July opened
at SS5sc, closing at S7%c; year opened
at SO78c, closing at 1890. Corn-No.
May opened at $500, closing at 355Sc;
June opened at 355Sc, closing at 35%c;
July opened at 361lc, closing at 369Sc.
Oats-No. 2 May closed at 26c; June
opened at 253Sc, closing at 25sSc. Mess
Pork (per bbD-May opened at sl2S71s,
closing at s]2.7719; June opened at
S12.77119, closing at $3.50; July opened at
$3.50, closing at S12.6715. Lard (per
100 lbs)-May opened at $40, closing
at S.05; June closed at $40; July
opened at S7.1711a, closing at S7.1215:
august c!OSeu at SI.I113. Short Ribs
per. 100 lbs)-May opened at $685.,
closing at s6.271a; June opened at
$685., closing at $685.; July.
opened at S6.45, closing at S6.40.
Cash quotations were as follows: Flour
Quiet and steady. Wheat - No. 2
spring, S1@1.004; No. spring, SOC:
No. 2 red. Sl@1.004. Corn-No. 2, 345Sc.
0ats-No. 2, 2514c. Rye-No. 2, 43c.
Barley-No. 2. nominal. Flax Seed
No. l, sl.52114. Timothy Seed-Prime,
Sl.2S@1.30. Mess Pork-Per Dbl, S12. SOFA
12.S5. Lard-Per 100 lbs, S7(07. O2IS.
Short Ribs = Sides Qoose) s6.25@6.30.
Shoulders-Dry sailed (boxed). $500
5.75. Short Clear sides (boxed), $685.
@6.75. Whisky = Distillers' finished
goods, per gal, Sl.03. Sugars - I'm
changed. Receipts-Flour, 1000 bbls:
wheat, $4,000 Blu; corn, 100000 blu; oats,
1O4, 0G0 bu: rye, 1900 blu; barley, $1,000
bu. Shipments - Flour. 5000 bbls:
wheat, $4,000 bu; corn, $4,000 blu; oats,
$1,000 bu; rye, 1900 bu; barley, $4,000
bu. On the produce exchange to-day
the butter market was easy and UNI
changed. Eggs week at 1910.