St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-02-15


Stockholders Meeting.
CHICAGO. Feb. Il. Wheat was firmer
today, and closed with a sc gain at
5014c. Higher cables, better exports
and lighter receipts caused the advance.
BradStreet's report caused sharp de-
cline, but a reaction followed on appre-
hended damage to English crop from
the cold weather. Corn closed with
gain OF &c for May. May oats closed
&c higher and provisions higher all
around.
Wheat opened firm, with May sc
higher at $3.50. The Liverpool market.
with its higher quotations. was respon-
sible for the early advance. The later
gables reported continued firmnesS in
Liverpool, with upward tendency, ami
prices here began an advance. The re-
ceipts for the day were SIS cars at Chi
cago. 131 at Minneapolis and G5 at Du-
Iuth. The receipts here year ago were
PSI cars, at Minneapolis 200 and at Du-
Iuth Is. st. Louis reported some more
export business, 10000 bu being the
quantity given as taken today. The eX-
port clearauceS from the four principal
Atlantic ports were equal TO $4,000 bu
in wheat and flour, principally flour.
The bulliSh effect of the early news
was such as to raise the price to 60$lc,
but BradStreet'S visible supply state
ment changed the outlook materially,
and decline to 601sc followed. Brad
streets reported decrease of only
467, 900 bu for both coasts, an increase
in Europe and a1ioat of 1.104, 900 bu and
an increase in Australian stocks since
two weeks ago of 2.17O.O0O bu. Reports
that crop damage in England was
responsible for the advance at Liver
pool caused reaction, but May closed
&c from the top figures of the day. May
opened at 595sc, advanced &c, declined
&c, and reacted &c to close at 601c.
In corn there was moderate business
transacted, the market toward the close
ruling rather quiet. A tirmer feeling
was displayed and moderate gains were
scored. The upward turn in wheat
helped the price, as did also the buying
by several OF the larger concerns. Open
ing trades were at Sake gain. and
under a fair demand and moderate
offerings sold up = C more, eased off &c.
ruled steady, and closed with May but
1Sc from the top.
There was stronger feeling in oats,
with a moderate trade. No interesting
AVotulCo "ClC uSNSIOpSu' LllC dfdlIdUle
supply decreased 100000 bushels, which
aided in firming up the market. Fluc-
tuatiOnS were confined 10 &c range,
and May closed midway between the
top and bottom figures of the day.
A fair business was transacted early
in provisions. The opening sales were
at about yesterdays closing figures. On
some support from the packers, and
good covering by those who had sold
short yesterday, liberal advance in
values was scored. The strength in
wheat also contributed to the firmness.
The Improvement developed early, con-
tiEuing, values further advancing to a
limited extent, mainly on the stability
IN wheat. Shortly before the close the
offerings increased and, the support
having been withdrawn. Il reaction fol-
lowed to a moderate extent, from which
there was partial recovery. the market
closing Steady near the top figures.
Compared with last night, May pork is
15c higher, May lard DC higher and May
ribs sc higher.
Estimated receipts for tomorrow
Wheat, 60 cars; corn, 800 cars; oats, go
cars; hogs, 70 $50.
The leading futures ranged as follows