Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-01
SETTLEMENT DAY.
1t Passes Off in Chicago With Unusual
Quiet.
NO EXCITEMENT ON 'CHANGE.
Nearly All the Cereals Depressed and
Somewhat Lower.
A SLIGHT RECOVERY ON CALL.
Hog Products Lower and Still Tending
to Bottom Prices.
THE VISIBLE SUPPLY OF CORN.
The Market Still in a Condition of
Great Uncertainty.
THE VISIBLE SUPPLY OF CORN.
The Market Still in a Condition Of
Great Uncertainty.
CHICAGO.
Especial Telegram to the Globe.

IOPcCld1 10leRr6m 10 Ln0 dlOD0.
CHICAGO, Oct. 31.-Although more bust
ness was done than on the preceding day,
settlement day was an uneventful one. The
October option was dropped without
perceptible sign. There we're no corners
to make excitement, and consequently lit
, tie drop in any market. Wheat was fairly
active but weaker, prices declining 1@1Ic
and closing A@1c lower than on yester-
day. On call, however, all markets showed
some improvement, wheat regaining Ia
&c of its loss. Not being in fair demand,
neither winter nor spring showed much
sign of life. During the last week of this
month receipts of all grades of wheat, win
ter and spring combined, amounted to
774.5OO bushels against co., 900 bushels the
previous week, and 266,52S bushels the
same week last year. The shipments
amounted to 415,1S5 bushels against 4O5,-
S21 last week, and 213,9S1 the same time
last year.
The speculative demand has been only
fair. Trading has been chiefly on local
account. outside orders being
neither numerous nor for large
quantities. With the lack of speculative
interest in the market, operators rather
preferred to sell than buy, and under free
offerings weak feeling prevailed, and
lower range of prices was established. The
last statement of the visible supply at the
principal points of accumulation showed
some increase, and the tenor of market ad-
| vices from other points rather favored sell
ing. Foreign markets have shown but lit
| tie life, and dullness has been the prevail
ing tenor of the reports received from
abroad. The weather has been fine for the
movement of grain from the interior. The
close of navigation is close at hand, and
this may have some effect on the course of
values. The word ''new'' will be dropped
in the inspection of wheat tomorrow.
The flour market is quiet, and shows lit
tie change. During the week just closed
the receipts were 134.lS6 barrels against
129,G0C the previous week, and 11G,725 the
same week last year. The shipments for
the week just passed were 96,445 barrels
against III 1884 the last week, and 9S,227
the same time last year. A very fair busi-
ness has been transacted in this mar.
ket during the past week, and a
steady feeling prevailed. Exporters were
favored with fair number of orders, and
purchased moderately; though in.some in
stances orders we're limited in price below
the views of holders, which prevented buy
ers from purchasing. The export demand
has been chiefly for choice spring and win
ter wheat fiours, though occasionally 6
medium grade was inquired for. Low
grades, although meeting with some sale
have generally ruled rather slow
} Stocks are fair and buyer.
have pretty good assortment
from which to make their selections. The
local demand has been only moderate
Jobbers bought pretty freely the past few
weeks, and are carrying pretty fair stocks
and the demand from this source has beer
less urgent. The receipts have been lit
tie larger the past week, and exceeded the
shipments by about $1,000 barrels.
Freights to the seaboard we're unchanged
Rye flour quiet and steady. Buckwhea
-four ruled weak under larger offerings.
| In the corn pit to-day trading was more
active on speculation account, and the
feeling developed was somewhat unsettled
with prices ruling lower all round. The
receipts were again large, the weather fine
for the movement of corn from the interi
Z or, and there was more pressure to realize
Prices declined 'B@11ac for the various
, futures, fluctuated, and finally closed abou
, 11sc lower for cash and October, 1c lower
, for November, 11sc lower for year, ani
about 5sc lower for next years deliv
cries than the closing figures
on change yesterday. Or
call under the influence OF brisk demand
million and half bushels changed
hands at prices 1sc better. The receipt.
of corn during the last week in October
amounted to 1,O18.5O4 bushels agains
$780, bushels for the week previous ani
1.451.255 for the corresponding week las
year. The shipments amounted to 635,
439 bushels against 745,338 for the weel
previous and 2,26s, ,1O4 for the correspond
ing week last year. There was considera
bly, activity noticeable in the corn marke,
during the week, but the feeling was un
settled and nervous, and prices were sub
: ject to frequent and quite wide fluctuations
The receipts were largely increased, which
attracted considerable attention, and tend
ed to increase the offerings for delivery
} within the next sixty days, thereby caus-
ing material reduction in prices on the
whole range. The offerings of the more
deferred deliveries were rather free, but
the demand was urgent and prices were
advanced slightly. The shipping demand
was not quite so active, and
receivers were compelled to
meet the views of buyers
in most cases. The upward tendency on
freights also tended to reduce prices. The
shipments were fair, but not as large as
during the week previous. Considerable
corn was reported sold for November de-
livery on behalf of parties in Tennessee,
! Kentucky and southern Indiana, and it is