Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-14
IN THE COUNTRY
The Markr
is Dull, Owing to the Inter.
est in the Ceremony.
WALL STREET BULLS TRIUMPHANT
"A AaT sc Advance in Granger Stocks,
With Omaha Leading.
CHICAGO.
Especial Telegram to The Globe. |

CHICAGO, Dec. 13.-Not much trading
has been done by the grain brokers to-day.
The laying Of the corner stone of the mag
nifcent new board Of trade edifce has &C.
cupied the greater part of their attention.
The condition Of the markets, too, al
though supposed to favor buyers, did not
seem to be Conducive to very sharp COM
petition. Nobody is doing anything in
wheat; oats keep stubbornly up; the future
Of provisions is too problematio: and king
corn is altogether too unsettled to offer
any inducement to the operator outside
the small inside ciiques in each mar
ket to invest very heavily. The
bulls who have had every
confidence, apparently, IL their ability 10
control corn for the remainder of the year,
are becoming less prominent. Several APP
pear to be on the other side now. and the
army of little fellows are becoming tired
of putting Up margin after margin, and
many OF them have dropped their deals and
pocketed their losses. Still there are others
who think the big fellows know what they
are about, and bide patiently their time.
It is too early yet to prophesy where corn
will end the year.
In the wheat pit on the board trading
was again OF limited character
and the feeling was weaker, with
prices ruling a shade lower all round. The
receipts were moderate and foreign news
more favorable, but there was not much
desire to purchase on the part of local
operators, and, with fair offerings, weak
feeling was developed. The market closed
quiet and 10 lower for December, 4c low
or for January, and &c lower for May than
the closing figures on change yesterday.
Winter is quiet and steady, and spring
dull, weak, and 1a@5 sc lower for the spec
ulative grade.
Flour IS quiet and unchanged, with very
little doing.
While it lasted very fair speculative
business was transacted in the corn
pit, and the feeling developed
was unsettled and weaker, with
| cold weather, which was favorable for the
inspection of the new corn. had the effect
of bringing out free speculative offerings,
and prices declined 1c for December and
3sc for January below the closing figures
| on Change yesterday, while May ruled
| steady. ater,inhuenced by the falling off
| In the receipts and better speculative de-
! mand, prices rallied, advanced 10 &c
above inside figures, then fiuctuated, and
finally closed about &c lower for year, 3sc
lower for January and 11ac lower for May
| than the closing figures on Change yes
terday.
Oats are more active and a little stronger,
with lively business in the futures and
cash firm. in good supply and demand,
steady in store but trife shaky for sam
| pie lots. Rye is in demand and frmer.
| Barley quiet and dull.
The offerings of hog products were free
! early in the day, and prices ruled materi-
ally lower on all the leading articles. Dur
| ing the latter part of the session the feel
| ing was stronger, and good portion of
the decline was recovered. The shipping
demand was fairly active, but largely for
| domestic cuts of meats. The receipts of
| products we're moderate and shipments OF
| all kinds quite liberal. Foreign advices
| were less favorable to holders, and bacon
| was uoted Is lower. Eastern markets with
out material change. The inquiry for pork
was active and the offerings free. Prices
ruled 1O@15c lower early, but rallied again
SO 1Oc and closed steady. The offerings
of lard were free, and the demand was
active. Prices ruled 2Hs@5c lower per
100 lbs. early in the dav but rallied AGAIN
and closed steady. Hogs sold SO 1Oc low
er, and $4,000 arrived. Owing to the
business of the day closing at noon, many
speculative orders were left over. More
| than days business must be transacted
| to morrow, and this will have some effect
L fha kofc