Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-30
said that large amount of money lately
locked up has been released.
CHICAGO.
Especial Telegram to the Globe. !

Especial Telegram to the Globe.
CHICAGO, Nov. 29.-There was the aver
age amount of trading done on Change
to-day, little more than for fortnight
past, probably on account of the settle
ment of December deals. Corn was very
active to-day but lower. Wheat was quiet
and lower and oats firm and higher. Pro-
visions were quite lively and made quite q
gain.
In the wheat pit, on the board, regular
No. 2 was feeling weaker to-day, there was
less demand, but few outside orders being
received and local operators also traded on
moderate scale. The speculative offerings
were fair, and prices ruled lower all round.
The market opened about 10 lower, fell
off I@1ac additional, rallied trife, again
receded. and finally closed about %@ &c
lower than yesterday. On call the demand
was moderate and prices steady. Spring
was dull and easy, and winter dull and
weaker. Evidently the advance in freights
taking effect on Friday has something to
do with this weakness. Shippers are de-
cidedly coy about trading.
The -four market was quiet, and the
feeling one of dullness for most grades
AID qualities. with the offerings more lib
eral and the demand much lighter. The
home trade have been buying to quite
light quantity for some time, and were re-
fusing to pay the asking rates, while ship
pers and exporters have lighter orders and
were having higher freights to the East,
nd .l,,I ol-
any. active trading. Rye -four
was firm. Buckwheat flour was bringing
Sc per barrel for good Wisconsin to $3.50
for choice New York. Bran and all mill
stufs were doing well.
In the corn pit to-day the feeling was
There was quite an active trade in specu-
lative way. with the most interest conferred
in November delivery and cash. The re-
ceipts were again quite free, which had the
effect of producing an increased desire to
realize, and under larger offerings prices
declined. November fell Off 115c, and
cash about &c, while seller the year declined
1c, and January and May about 15GAc,
fuctuated somewha. within the established
range, and finally closed very unsettled for
cash and November anywhere from 115@
21ac lower than yesterday, and
year %c lower than closing fig
ures on 'change yesterday. No. 2
cash corn was very unsettled and prices
irregular. Round lots commanded some
what of a premium over car lots, and un-
less car lots could be made up into round
lots they were difficult to sell. Buyers
stipulated that the deliveries must be made
before O'Clock to-day. Sales ranged any
where from 6eg66Ic, with some round
lots early at SIC, down to 64c and closed
at 6415 q Csc for odd car lots, and 65t5@
66c for round lots, though few round lots
sold almost at the close at &c. For cash,
deliverable Friday, 6Cc was about the best
bid. High mixed quotabie the same as
No. 2. Rejected and new mixed active at
60c. decline of sc per bushel. For Kieth's
SIC was bid. November was quite active,
with trading largely in the way of settle
ment. Prices irregular and depended up
on how operators stood in the trades.
Parties having sold at high prices would
occasionally pay a little more than the
market to effect a settleme Mt and get diff
ferences, and parties who had sold at low
prices would naturally insist Oh lower
figure, which, the buyer having profit
anyway in his favor. would some
times accept, and thus prices
varied 4 1sc at about the same time in
making trades. Sales ranged at 65I O. &c
and closed at 66c. In the afternoon
there was an equal activity, and
prices ruled 1s@4c higher. Quite a
little money has been made by the bull
element in the corn market A fine scalp
ing trade has been done throughout the
month, and the premium for this months
delivery was liberal at the close.
1t is stated that the long firms are prin-
cipally Kreigh, Davis & Co., Mccormack
& Beebe, and one other firm. Kreigh,
Davis & Co. are said to have 100000
bushels of long corn for November deliv-
cry, and they have a fine profit on it now.
up to fair average next month, there is
every prospect that year will meet the
drop of cash corn after the expiration of
the month.
Cash oats were active and
higher. They were in good
demand, evidently on speculative account.
A firm feeling was established, and 1a@1c
advance was paid. Cash No. sold at 3S
@39c. Other grades were nominal. Sam
pie lots in only moderate request and
triie easy, but supply not large. 1t being
the last business day of the month there
was very good demand for seller No
vember to effect settlements. The offer
ings were light and the decline of yester-
day was recovered, there being 1s@4 ad-
vance over yesterdays closing, but quite
steady with seller the year the most fav-
ored future. On call the feeling was cas-
ier. The little corner in the Usually quiet
market has reaped nice profit for its
promoters, November delivery having he
gun the month at Csc. Lendbloom has
handled the deal and cleared probably
$275,0o0 for himself and customers.
Rye was in some demand for cash TO-DAY
and firm but slow in the speculative mar
kef Ror lrn