St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-02-21
TRADING LACKED VIM.
Chicago Operators Are Disin-
elined to Undertake
Heavy Deals.
Conflicting News and Doubt
as to Anti-0ption Bills
the Causes.
all Articles Traded in Had a
Comparatively Dull and
Easy Day.
Quiet and Narrow Trading
Marked the Day at New
York.

CHICAGO. Feb. 20-The wheat market was
dull and generally lower today. Telegraphic
communication was seriously interfered with
by the bad weather, preventing the receipt
Of news and orders with the usual freedom
and prom ptness, and local traders were left
largely 10 their own devices. The bad
weather i'll Great Britain played havoc with
the wires similar 10 those felt III this coun-
try, and the tcald oil trade did not receive its
liverpool market report until late in the
day, though some private dispatches said
that the market was quiet and unchanged,
while others quoted prices easier. The
boards London cattle noted no change i'll
values there, bat Liverpool, when received.
was Id lower. Domestic markets were all
lower.
Crop news was somewhat conflicting, many
private dispatches being very. discouraging.
but. on the contrary, the Farmers Review
had a summary of the situation which was
unexpectedly favorable, and the weather re-
ports indicated that The danger from the pre-
dicted cold wave was past The committee
of the board which was sent TO Washington
70 oppose the anti-optlonS bill returned this
morning and its members were inclined to
the opinion that the hill would probably be
passed by the house. This doubtless had
something 10 do with the weakness which
prevailed during most Of the session. On
the whole operators were diSincHned
to deal heavily on either side and the
result was an unusually small bust
ness with fluctuations confined to Il
rather narrow range. Cudahy was good
buver OF wheat ut the start and BrOSSeau also
bought freely. Partridge WAS believed TO be
covering somewhat on all the weak spots,
but did not make much reduction in his lire.
The New Workers were perhaps the best buy
ers for The first hour and picked up good
q nor still Ear
was about all 10 be had that WAS wanted.
Longs let go of good deal and there was
some short sales. The export movement was
not very encouraging. New York having
cleared but &c., I bu and other points hardly
any. Br0dstreet's reported the elearances of
wheat and flour from both coasts asst week
at 4,043.0O0 bu, against 3,64l.e00 bu the week
previous. After the noon hour there was
some show Of strength for q time. but late
cables quoted Paris lower and Berlin Sig
marks off, though Antwerp was q shade
higher. This checked the advance and prices
receded again May opened at 9.ss@9512c,
against 9+lsc at the close yesterday. sold up
TO g97sG594c. declined 10 95SSc, advanced to
gic, reeeded 70 g5$sc. reacted 10 941sc, weak
ened and closed steady at 93I2c.
Corn was quiet and easy. the receipts were
liberal and there was rather free selling by
longs, with but little demand. The, dizziness
IN trade, with the weakness in wheat and
provisions. caused corresponding weakness
In corn. May lac lower, fuctuated all day
Elthln range or lIc and closed Soc lower
than yesterday at 4is4c. Oats were quiet and
weak and show loss of lsc
Hog products were dull'and easy; more be-
cause trade was duh and the other pits
weak. The receipts of live hogs at the yards
were smaller than expected and prices there
were firm. Pork crossed with loss of &c
on the active option, with lard and rius
showing insignificant changes
Estimated receipts for Monday: Wheat,
40 cars; corn $50 cars; oats, 313 cars; hogs,
1000
The leading futures range as follows: