Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-10-04
THE SPECULAYORS.,
Brisk Trading in All the Markets at
Chicago.
PROVISIONS STILL on THE BOON.
A Great Scarcity Of Hog Products, and
Corner Certain.
ANOTHER BUCKET.SHOP WRECK.
MilWaukee's Decadence as Wheat
Market Acknowledged.
ANOTHER BUCKET.SHOP WRECI
STOCK TRADING ON WALL STREET,
The Feeling Still Bearish and in the
Hands Of Cliques.
CHICAGO.
Especial Telegram to the Globe. |

Special Telegram to the Globe.I
CHICAGO, Oct 3.-The business transac-
ted on change to-day was again very
heavy and all markets ruled firm and
higher during the morning. In the after
| noon there was slight revulsion of feeling
| which, however, did not extend to provis-
| ions, all grains closing quieter and gener-
ally shade weaker. In the wheat market
there was a good demand on speculative
| account, and although the feeling was un-
settled to an extent, November and year
sold up about cent and closed
Oh the regular board s5c higher
than yesterday. October held its own.
Foreign and New York advices
showed a better and frmer
| feeling. There was a good demand for
winter wheat on shipping account, and
prices advanced. Spring also found ready
purchasers, although thereceipts were the
| largest this season. 4 good speculative
business was done.
| A quiet tone again characterized the
| -four market, and prices were held steady
and unchanged. Shippers are still indif-
ferent about buying. and local jobbers ap-
pear content with supplying necessary
wants. Stocks are light. and special in
| crease of trade is anticipated until the sup
ply is increased.
| Corn. to-day was lively, the market &C
| tive on speculative account.anda good ship
| ping movement also lasted. Prices ruled
| stronger, and very fair advance was es-
tablished all around. The receipts were
smaller and market advices
from other parts of more favorable
tenor. The shorts, in view OF small ar
rivals, were more disposed to buy, and
prices were advanced ia 155c per bushel
for the near futures, 13sc for seller the
year, and about Ia sc for next years de-
liveries. Prices fiuctuated somewhat az the
established advance, and finally closed
about &c higher for cash, g higher for
November, &c higher for year, and 5Sc
higher for May, then closing at the figures
on change yesterday. On call the market
was shade easier.
Oats were steady and quiet, with no
change to speak of.
| Provisions continue to soar. The offici-
cial statement of stock on hand here
strengthened the movement. The street
had gotten into its head that the stock of
provisions in store would be posted yes
terday morning. Under the rule of the
board the packing and warehouse men
have the whole of the first of the month
to TX up these figures, and Sunday being
the first they had all of yesterday. They
availed themselves of this day of grace,
and the figures were not posted. There
was general suspicion that the packers
withheld the figures for purpose, and that
some way or other the people who were in
possession of the facts benefited them
selves by withholding them. Mr.. Armour,
motive in keeping secret the provision
stock as long as possible, said that he knew
of none. His concern, he said, was late
with its own figures simply because bust
ness had been lively. They were posted
to-day. and showed less on hand than had
been supposed. This made buying active.
Pork was higher. firm and steady, and
closed at an advance of 15c on October.
2712c on November-the most manipulat-
ed future and 1Oc on the late futures.
This was well sustained on call, October
closing steady. The days advance in lard
amounted to 1O@ 15c, the near deliveries
and January exhibiting the greatest
strength. On call still further advance
was made.
Hog products are terribly oversold,
through all the futures although November
pork is perhaps most so. When the break
takes place it will be a big one. promi-
nent provision operator believes that prices
will be maintained until the receipts of
hogs are 10000 day. The present aver
age is 5000 or 6,OOo He thinks. however.
that the receipts will be heavy shortly. and
may reach this number before the Goth.
| ADULTERATION OF LARD.
There was good deal of talk yesterday
about the quality of the lard delivered by
Armour d Go. The inspector passed it as
fully equal to standard, and Mr.. Armour
offered to guarantee that it is all right and
free from any foreign Ingredients. It was
rumored that an appeal had been taken, but
this was probably mistake. About 10000
tierces were delivered by the firm, all Of
which was accepted and paid for. It vas
wickedly suggested that objection was
perhaps made because certain party pre-
ferred to do the adulteratiou himself.
| PORE DELIVERIES. =
The deliverers Of pork all STOP" the
delivery boys said at the Office of Geo
Stewart Co. This means at the Office Of
p. B. Hutchinson, for "old Hutch has
been doing his trading of late through
Jno Beseley. of the former concern. II is
generally agreed that the veteran sealpsr
has all the pork in town nov save what
Armour has, and that he proposes to run a
huge scalp for October. The lard delivered
found its way to the Office of n. K. Fair
bank 4 Co.
The corn and oats delivered seemed to
be pretty generally scattered, the same
was also true of wheat. The few shorts
who failed on last Saturday to meet the
demand on the September clique wheat