Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-16

CHICAGO, Nov. 15.-The grain market
showed increased strength to-day, wheat
adding to its firmness and corn taking
quite a little jump. Provisions, although
opening weak, before the close .stifened
from sympathy, and the outside figures of
the day were sustained. The wheat market,
besides its added strength; was more than
ordinarily active, though the business
transacted aggregated only a fair volume.
December and January were the favorite
futures with traders. Quite a number of
outstanding short contracts we're appar-
emily covered during the session. Prices
were generally stronger than yesterdays
range on change, and closed 1ac higher
for November and about 1s@4c for De-
cember and the late futures. The days re-
ceipts were quite moderate for
this season. On the call
board in the afternoon prices were steady
and the market moderately active. Winter
ruled firm under a good demand and small
er. receipts. Spring was in better request
and stronger.
Flour shows no change. Shippers were
in the market to-day taking a few lots,
but there was no general demand, and sales
were slow. Local iobbers did very little
to-day.
The better tendency on the market was
most felt by corn. In this cereal the feel
ing was much stronger. Moderate receipts
coupled with a good general demand rather
.&.oao&loooI %La roor1-a% ub;oh ,raronoI
higher all round than the prices realized
on Change yesterday. On the futures
traded in the advance established
amounted to IA on November
1asc on year, 14c on January and 15s, on
May. The speculative trading was appar-
emily more on local account than usual,
with year the principal future. January
and May attracted, however, a fair amount
of attention. Cash corn was advanced
PIC for No. 9 and high mixed, which sold
at 69@ zoe and closed firm at the outside
figures realized. High mixed commanded
small premium at the opening over No.
2, but subsequently the two grades sold at
the same prices. Rejected was the same
as yesterday, selling at 60@62c, the outside
in a special house, and closing at
about 6OHc. New mixed sold
sparingly at Coo. There was
no reaction during sthe afternoon, this
grain being more actively called for on the
call board than before, and prices further
advanced 1s@4c, at which figures 1,3OO,-
600 bushels then changed hands, 100000
being for delivery.
Oats also were more active and de-
cidealy stronger. The receipts were small
and the shorts in this market bought
heavily. Prices were advanced, and
closed on call at the outside point of the
day, 15c higher than at the close of the
regular board.
Barley in good demand and frmer.
Rye firm but in only moderate request.
The demand for hog products was mod
erately active to-day, and the offerings
rather free. Early in the day the market
was easy and prices ruled lower on all the
leading descriptions. About the middle of
the session a stronger feeling prevailed,and
prices ruled higher, but toward the close
settled back again to medium figures.
Shipping demand fair, but orders chiefly
for small quantities. The receipts of hogs
were large, and prices decidedly lower.
Foreign advices were a little more encour-
aging, and prices on lard were advanced
Cd. Eastern markets we're without ma
terial change. The receipts of product
were light and shipments moderate. The
offerings of mess pork we're free, and
prices declined 1O@15c, but under the in
auence of a more urgent demand rallied
2O625c, later, declined So 10c, and closed
steady. On call another rally enabled this
market to recover its loss just before the
close of the regular board, and the after
noon ended with pork firm and in active
demand.
Lard to-day was in moderately activs de
mand and the offerings were fair. Prices
ruled steadier, and were advanced 7x@10c,
and closed firm. This product continued in
fair request during the afternoon, and
held steady. Some $4,000 live hogs of
good quality arrived to-day. The market
became slow and weak, and this feeling
increased as the day progressed. A part
we're disposed of at prices 15@25c under
those of yesterday, but many were carried
over until tomorrow.
Winter rates of storage commence to-
day. On warehouse receipts of that date
and later storage will be charged at the
rate of 1Ac per bushel for the first ten
days and Hc per bushel each subsequent
ten::days or part thereof until the storage
amounts to &c per bushel, and no further
charge until April Is. Under the rules
of the board of trade buyers
of grain are until Dec. 1 entitled receipts |
having five days to run on the regular stor-
AGE rates. As far as deliveries on CON-
tracts are concerned, no important change
will take place until Dec. 1. On and after |
that date grain delivered on contracts must
be on the basis of winter storage, and can
be held without storage until April 10 for
delivery on contracts or sales here.
The particulars of the suspension of the
firm of Lawson Bros. from the board,
mentioned in yesterdays GLoBE,are as fol
lows: Monday afternoon George Eldridge
and W.. j.! Baker, appeared before the
board of directors of the board of trade and
alleged that Lawson Bros. we're guilty of