St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-04-25
AS FIRM AS GIBRAL TAR.
Wheat Opens Higher, and Closes tbs
Same as On Wednes-
day.
local Operators Control the Market,
Outside Orders Being
Limited.
financial Operations of the Money
KINGS The General Quota
tons.

CHIC AGO April 24.-The wheat marke
opened with a great deal of force and with
I2c to age advance, with May at S9c, June at
sSs4c and July at STAG These prices were
not touched again during the Day, and on the
whole prices ruled close around the closing
figures of yesterday after the reaction from
the early bulge. 1t was thought that the cold
weather helped TO make first prices. Ihere
was also more than suspicion tnat the
opening figures were made by combination
TO sell on. At any rate, there was pretty gem
eral selling by those who did not unload on
the final break yesterday May went off &c
10 SSI4c, June 1e- to s7s4c, and July s3c TO
S6lac the first hour. There was rally to
3ss4c for May. SS14c for June. and to
SIC for July. This was about noon, ana be-
fore l o'clock July again touched S6l2c, but
again showed rallylng power. The news Oh
the day was unimportant. Liverpool cables
were easier for futures. There was no I'M
provement in the cropnews The Bradstrect
figures of yesterday helped the bulls Inc
Price Current summary of the crop news IS
bullish and says that, unless the weather IS
the most favorable, the report due May 10
will be no better than the last one. 81. Loms
reported 100, 900 Blu of wheat loading, and
New York reported seven loads taken tor
export New York cleared I4oOO bu OIL
wheat but there was 10 other export move
ment from Atlantic ports. In the local trade
Hutchinson sold freely at times in
Nav and June and bought some July.
Logan sold July for st. Louis or
other outside trade Mitchell was a fair
BUYER of July on the decline. There was
some waiting for more definite crop news,
which will be the controlling influence in
the near future There was weak feeling
at the close in wheat. During the last fifteen
minutes prices declined TO the closing tlg-
ures. Receipts-Wheat, SO cars; corn, 397;
oats, 2l2 Shipments--Wheat, 2,4l9 bu.
born. 441,1O2: oats, 216,2 25. The corn
market was weak all day after the first few
minutes The short interest has been elm
mated, and this takes certain support from
the market. Vessel room was taken tor
SIS, 900 bushels on the former rate OF two
cents to Buffalo. The oat market was pretty
active all day. There was a
sort of combination deal going on,
in which Hutchinson and Hess were
the principals Hutchinson was a seller
mostly. while Hess bought and sold by turns
Driver was an early buyer. The market, ike
others, opened strong and higher but closed
shade lower. The hog market was brisk
and prices higher early and this helped pro-
visions at the start. In lard and ribs first
figures were a trifle over the close yesterday,
and these were the best prices of the day.
July ribs sold at S5.4U@5.35, closing at
So 37I2. Lard for the same month S6.4O,
S642ls. TO Sc. 37l2, to S6.40 at the close.
Mess pork was little disturbed until late in
the day, when the clique influence was felt,
aud shorts put prices up trying to buy. A
feature of the day was the strength of June
which went up to $3.50.
The leading futures ranged as follows:
Open IlIigh Clos