Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-02-25
Western Associated Press.]

CHICAGO, Feb. M.--To-day developed one
of the most unsettled and excited markets
witnessed for some time. Trading was very
unsatisfactory, it being impossible to execute
a majority of the orders according to instruc-
tions. Merchants were decidedly embarrassed.
There were numerous and large stop orders
on the market to close between 1.26@1.27 on
April. This future closed yesterday on call
at 1.27T@1.2S, opening with trading panlcky
and free sales comparatively few buyers and
sales 1.26@1 81, almost at the same time max
ing it impossible to execute orders as desired.
Trading was active, the action for inside
prices quite rapid, with not much trading at
the extremes of the day. Prices iuctuated
within range of OK @3c during the day, and
closed 2sszc lower for April, 3%c for May, and
about &c lower for June, these being the clos
ing figures on 'change yesterday. Receipts
and shipments small, outside advices decidedly
unfavorable. Cash was quiet at range Of
1.23@1 PIX for April, the chief centre of
trading feeling alternately panicky and strong.
Sales 1.231@l.26X, with rumOred sales at
1.23. The opening was the most demoralized
for weeks, practically there was no opening
The pressure to realize was so great, and a
fear that alleged coordination" had sold out
80 demoralized feeling that sales were made at
and rumors also of a sale of 1864, then off
quickly to 1854. and possible sales at 1.23,
but reacted quickly at a decline of prices, raj
lied, advancing rapidly, fuctuated wildly, and
closed as above mentioned. May was quite
active, rallying regularly from X to exc un-
der April, with sales at 1.22a4@1.25L, and
closed at 1.23X bid, was as badly demoralized
as April. There was scarcely any market in
June, quotably 2H@3c under May. On call
hoo soft 1o1 4 O,1o
I 1855 900 bushels.
Corn was unsettled to-day, prices ruled
very irregular and averaged lower. The mar
ket opened weak at X@H lower, and further
receded OK. Toward the middle of 'change
the market was steader and rallied X @Mc,
but settled back again H@xc, and ruled tame
to the close. Speculation was mainly in de-
ferred futures. Shipping demand fair. East
ern markets easier. The market closed at u
Sales ranged at57@57H C cash; 55a@56c cash;
COX @65c May. On call prices were higher
and sales 725,000 bushels.
Cash oats, in consequence of small offer
ings, were comparatively steady, and fair
business was done in longer futures, but near
deliveries ruled quiet. Speculation was SYM
pathetically weak and prices lower. The de-
mand for cash moderate but equal supply.
Sales ranged AN @4214c cash; 40940X March.
On call oats were a shade higher, except for
June. Sales were large, being 100, 600 bushels.
Offerings ofpork were liberal and demand
quite active. Prices declined 40@50c in the
whole range and closed steady. Cash. quiet
and sold early at 17.12H, closing easier 1866
@l6.7O March; sold at 16.6O@17.05. On cal!
prices We're 10@15c lower. Sales, $4,000 bar
rels.
Lard was in brisk demand and offerings
were quite large. Prices declined 20@25c,
closing steady at these figures. Sales, 10.95@
lard was quite active, sales being 1850
tierces. Prices were irregular, within narrow
range.