Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-29
The Chicago Market Displays the Holi-
day Inactivity.
ALL CEREALS WEAK But OATS.
The Corner in Horse Fodder Maintains
the Price Pretty Well.
HOG PRODUCTS DULL ANDLOwER
Some Excitement in the Stock Market
Owing to the C. B. & Q. Bonds.
CHICAGO.
Especial Telegram to the Globe


being done on change, and things were
exceedingly dull to-day. All the markets
show the effect of inaction. Wheat is also
of again, and provisions took quite drop.
Even oats showed some weakness in the
morning, mainly in sympathy with other
markets, and because of a lessening in the
demand caused by May shorts having COW
ered.- The buoyancy of this cereal asserted
itself later in the day, however, and the
covered futures went up to the cold place.
or nearly so.
On the board wheat was quiet and easier,
and at the close month was about 14c lower
than at l o'clock yesterday, January 14c
over, February and May a c lower. There
was only moderate amount. of business,
and trading was principally of local
account. Prices ruled very steady
throughout The whole fuctuation of tfe
session, having been only about sc.
On call prices we're steadier and December
sold llc higher. Winter and spring are
very quiet with little doing.
Flour is exceedingly dull, there being
hardly any demand from any source.
Prices are weakening.
In the corn pit there was fair specula
tive and moderate shipping demand.
The feeling was somewhat unsettled and
prices lower than yesterday, with Decem-
Der and cash showing the largest decline
as compared with yesterday. The receipts
were very fair, but not as liberal as yester-
day, and market advices were of rather
unfavorable tenor. The market opened
weak and prices, after some fluctuations,
declined to point l4c lower for Decem-
ber, 11sc lower for January and No lower
for May than closing figures on change
yesterday, and finally closed at about
the inside prices reached. No. 2 ruled
quiet. Rejected in only light demand.
New mixed less active and rather dull.
New high mixed quiet. Year ruled quiet
and sold at 5o1s@5lc, only sparingly at
the outside figure and closed at 50Hc,
opened with a few trades at 51@51 Hc,
trading quickly and sold of to 501ac c, raj
lied to 5034c, with few trades at 5OM@
Sic, then down to 5016c and sale or two
at 60c, and closed as above stated. Prices
were a trifs frnner on call, but the demand
was not large, only about 100000 bushels
selling on the call board.
The feeling in the oats market was easy,
but prices did not change much, from the
fact that there was still some demand for
feeling in regard to the standing of
the trade was little uncertain.
The average Of prices was a
little lower, for while there was no material
decline, the outside figures Of yesterday
were not reached. Car lots of No. were
about as at the close yesterday, round lots
ranged &c higher. The offerings were
was fully 100 cars smaller than yesterday.
Rejected oats in store ruled duh. Sample
lots comprised mainly rejected, and the
market was dull. In the afternoon better
feeling prevailed. December ended the
day at 40c.
Rye was quiet and slow, and while hold
ing the same for cash there was little call
for futures. No. 2 cash sold at 571ac for
Car lots fresh, and samples were going off
fairly at full relative rate.
Barley was hardly mentioned, and it was
difficult to get quotations with no sales of
cash in store, while few were willing to
buy by sample or to make any kind of a
sale for future delivery. No. 2 was about
SOC for Car lots fresh, and No. 3 about SOC
in store, while the arrivals are going to
the sample market and bringing some
what better price than could be had in
store for the same grade,
Under the influence of liberal receipts of
hogs, lower prices therefor and the close
ness of the money market, the offerings of
hog products were more free and
the market ruled weak and un-
the session. Prices ruled lower
on all the leading articles, especially for
future delivery. TIE shipping demand was
fairly active, bat trading was not very
large, owing to the difference in the views
of operators. The receipts of product
were quite large, and the shipments small
er than for some days past. Foreign ad-
vices were unfavorable to holders, and
prices were reduced 3s on pork and Cd on
lard, and short clear sided. Eastern mar
kets inclined to quietness and lower
prices. The demand for pork was fairly
active, and the offerings were free. Prices
ruled weak, and declined 200 25o, and
closed steady at the reduction. Cash
quiet; December IN moderate request; jan
uary offered rather freely.
The inquiry for lard was brisk and the
offerings were liberal. Prices ruled weak
and declined 5G1 1Oc per 100 lbs. and closed
tame, cash quiet, December steady. In
the afternoon the demand for pork and
lard was good and offerings fair. Prices
ruled steady. Thirty-eight thousand live
hogs were received here to-day. The mar
ket was slow and weak, packers not buy
ing as freely as formerly on account Of the
continued unfavorable weather. Prices
were 1Oc lower.
NEW YORK.