Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-29
CEREALS AND SHARES,
The Markets on the Chicago Board
Decidedly Steady.
SMALL FLUCTUATIONS IN WHEAT.
Corn Slightly Weak at Times, But
Closes at Mondays Prices.
PORK ACTIVE AND HIGHER.
Continuation Of the Reaction in Stocks
Of NOrthwesternaRo Roads.
SEVERAL POINTS GAINED BY ALL.
Belief that the: War Will Not End Till
the Officers are Well Heeled.
CHICAGO.

Especial Telegram to the3(1lobe1
CHICAGO, Nov. 2S.-No distinguishing
features marked the transactions on
] change to-day from those of the days
which have preceded it. About the usual
. amount of trading was done in the wheat
pit, and after some fluctuations this cereal
ended the day not far from where it closed
yesterday. What change there was, was in
favor of the buyer. Corn has been quite
active and irregular as usual. If the re-
ceipts had not been unusually heavy, the
November shorts would have forced the
market upward, but the fact that the DAVIS
| arrivals were 679 cars. of which 2SO were
No. or better, allayed the anxiety of the
short interest to cover, and had bearish
influence, as much more is promised
to arrive tomorrow, and the
prospect causes rather easy feeling in
the market this evening. Oats hold stiff
and are not offered as literally as those
who have deals to cover could wish. The
provision markets have improved to-day,
but weakened toward evening. On the
call board the tendency was rather down.
ward, general feeling of easiness prevail
ing.
In the wheat pit on the regular board,
there was fairly active business, and
prices were tolerably steady, the whole
fiuctuation of the session having been only
12c and at the close November was about
18c lower than it closed at o'clock yester-
day, December 1ac lower, January m
changed and May 1@c higher. Early
sales were at about the closing
figures at o'clock yesterday.
but weakened soon after and fell off 1sc,
then again sold up &c, eased off, then fluc
tuated and closed as above noted. In the
afternoon this grain was in good request,
but prices we're easier. Spring was in con-
siderable inquiry to-day and prices were
rather firm. Winter was quiet,little sought
for, and without special change.
The flour market was quiet and trading
light, with the home trade purchasing to
particularly light quantity, and outside or
export orders were less free than usual,
and the feeling in the trade was dull one
generally. The finer family and bakers
brands were about the same, but shipping
and the lower grades we're weak and have
sold at shaded prices. Until to-day there
had been more than usual doing in -four
for week past. During the week ending
yesterday the market ruled steady and
firm. The demand has been quite salts
factory; chiefly on export account, and
| stocks have been kept well reduced. The
tiema and for oxporf hos baa,, oIv,,,.4 ,.,.:.,
for flour deliverable this month before the
the 3Oth, and parties who were shipping by
| water route wanted the stock delivered be-
fore the 25th. The reason that parties
limited deliveries was owing to the fact
that freights would be advanced Dec. l,
and export orders on the market were
based on the present rate of freights, Good
to choice spring and winter wheat fours
were mainly called for within the range of
S4.60@5 for the former, and $45O6 4.8O
for the latter, with an occasional lot of
patents taken at higher range of prices.
Low grades also met with a good demand
and sold at from $2.25@3.55, chiefly at
S2.40@2.75. Stocks of export flour rather
low, and the light offerings of flour for
immediate delivery checked trading some
what. Local jobbers have bought rather
sparingly, they evidently not being in es-
pecial need of any great amount, and were
content in buying sufficient to supply &C
tual wants, believing, perhaps, that in the
future they may be favored to
some. extent in prices At least
they do not expect any paticular advance.
The receipts have continued quite liberal,
but good share of the arrivals had been
sold to arrive, and some dealers have sold
ahead for delivery this month. Shipments
were also large, and exceeded the receipts.
Rye -four ruled quiet. Buckwheat fi ,ur ir-
regular owing to quality, and demand
moderate. The receipts for the week ag-
gregate 132,597 barrels against 12s, ,136
for the prior week, and 55,972 barrels for
the same period of last year. There we're
1885 barrels shipped during the week.
The corn pit to-day attracted consider
able attention, with the chief interest CEN
tered in the November future. Trading
was quite active and the feeling somewhat
unsettled. Parties having outstanding
trades for November were generally anx-
ious to settle up, and most of the trading
was in the way of settlement. In the other
futures there was a moderate business do
ing, and cash was in fair request by parties
to deliver on November contracts where di
rect settlements could not be affected.
The feeling was easier early, but the
market finally closed about Ic lower for
cash, Nc lower for November: and sc
higher for year than the closing figures ON
change yesterday, while January ruled
steady. No. 2 corn was in fair demand.
High mixed sold the same as No. 2. Re-
jected closed dull without buyers. Old
rejected corn offered by sample
on track and on board cars very dull to.
day. The short demand for November
was quite active, with trading largely in
the way of settlement. Prices were irregu-
lar and depended upon how operators