Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-10-13
THE ST PAUL DAILY MORNING. OCTOBER 1a 1882

vices were favorable, quoting
strong feeling, and Notwithstanding the
weather was clear and bright,
the feeling in the local market was decided.
ly strong at the opening. Early sales were
made at 1a@Ac advance, and under an
active speculative demand and very small
receipts. only forty-eight cars being re-
ceiyed, prices advanced 80 for November
and about 1c for year; while the more de-
ferred futures did not advance in the same
proportion. At the advance mentioned,
however, the specul at i've offerings were
largely increased and prices declined
158@1Ac for November. 13Sc
year, and "a for next years
delivery, hnctuatsd and closed about
R@5sc for next years delivery, fuctuated
and closed about &c higher for cash and
October, &c higher for November, Sc for
the year, h lower for January and 1sc low
er for May, thau closing figures on exchange
yesterday. On the call board there was
large quantity of corn thrown on the
market. causing prices to further ease off
4@3Sc. The transactions on call aggre-
market became very unsettled and irregu-
lar. The people selling dur
ing the day were the men
connected with the November squeeze, and
their actions made everybody on the out
side curious to know what was going on.
It was generally believed that the so-called
November syndicate were unloading.
There was rumor that the parties who
have been heavily long on November have
joined hands. Some people did not be-
lieve it, saying they could not see any indi
cations of concerted action. It is expect
ed that when they can beat the market
down to bottom prices, which will not
be difficult matter if the
shorts have all covered and that
demands done away with, they will wait
until new crop of shorts has developed,
and then put on the clamps again and re-
peat the scalp. If the old longs are unit
ed they can influence the market according
to their dealings very materially, but it is
not likely they will attempt another cor
ner right away.
Oats at the opening were firm and high
er. There was fair advance all round,
but when corn broke the market became
quiet and tame, but the offerings were
meagre and prices reacted only
| slightly. Cash oats very scarce. Only
forty-seyen cars inspected in,
while the local consumption is nearly fifty
cars day. Many of the shipping orders
had to 60 untitled. No. 2 in store sold up
IR@Ac but lost its advantage on call.
THE PROVISION TRADE.
Provisions did not share in the down
ward course of grain. There was frmer
feeling manifested in the market for hog
products, especially during the middle OF
the session, and higher prices we're realized
on most descriptions. The shipping de-
mand was quite good,and while no very
great change occurred in the ruling prices,
yet the movement indicated
an increased degree OF
strength, and the range averaged some
thing better than that of yesterday. The
trading was fair, with less actively il
speculative circles than usual. The interest
taken in the corn pool rather interfered
with the business transacted. At the open
ing the market was tame under the infu-
ence of free orders to sell on behalf of
outside parties. Later the market gradu-
ally grew stronger, and ruled with con-
siderable steadiness during latter part of
the session. Foreign advices were less
favorable, and lard quoted Sd lower.
Eastern markets without material
change. The receipts of product were
moderate, and the shipments quite liberal
The offerings of pork were free early, and
prices ruled about sc lower, but later
rallied again $50 zoe and ruled steady to
the close. Cash sold at $23.2711 @ 1880
| October in good request, November in fail
demand, year fairly active, January in
moderate request, February quiet. March
in good demand, May in good request and
closed quiet.
| The demand for lard was quite active
aud the offerings we're free. Prices
we're advanced 5@71<c per loo
lbs. on the near deliveries, and the i'm.
provsmsnt was moderately wellmaintained
Cash quiet, October quiet and nominal
November in good request; closed steady
On call pork was quiet and eased off some.
what, October closing at $23.12H623.15, a
decline of SC. Lard was more freely
offered and ruled easier, October dropping
to S12.55012.6O, where it closed on yester-
day. November, however, ended the day
21zc better than yesterday.
GOOD JOKE.
The call board has good joke on one
of the most immaculate Of its members
and Of the grain operators of the city
There was . great deal
Of commotion and disorder prevailing
and to check it the president announced
that fines would be inflicted and rigor-
ously enforced against all offenders. One
little clique continued particularly OBJ
streperous. and the caller fined three of its
members in succession $40 each. One of
the trio was Towner, a son-in-law ofone of
tho Rumseys Of their firm. He is vestry-
man Of st. James Episcopal church, the
fashionable Dearborn avenue worshiping
place of that denomination, and is consid-
cred aesthetically nice and proper. When
this fine was announced, this model young
man Strengthened up, shook his fist in the