Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-09
STOCK BAROMETER.
(which Shows That Wall Street Only
GueSSeS.
THE RAILROAD CONFERENCE.
Though Futile Yesterday is Counted on
to Bull Values To-Day.
SPECULATIVE RANGE YESTERDAY.
Dull and Steady at Chicago With a
Hope for Boom in Pork.
CHICAGO.
Especial Telegram to the Globe.


CHICAGO, Dec. .S-A somewhat better
feeling prevailed on Change to-day, and
wheat continues spiritless, but, neverthe-
less, was carried up a trihe by the general
advance.
Corn appears to be recovering from its
Generalization of a week ago, and evinced
considerable strength to-day. From the
fact that almost no cash or month No. is
offered by sellers, and the proportion
arriving that will grade is so trivial, there
is strong suspicion that the big scalpers
are again monkeying with this months de-
hveries. This has caused good deal of
nervousness in bear quarters, which have
lately been quite confident.
There is little doubt year oats are
as good as cornered. Very little are for
sale and prices are held very stiff. The
shorts worked up quite little furry among
themselves to-day and bought at sellers
figures which were 191l4c above yester-
days quotations. This is a big jump for
this cereal, but the bulls confidently pre-
dict it will be maintained and bettered.
The receipts are very light.
Provisions are surprisingly firm. Al
though the big bear packers have made
united efforts to force down prices during
the past three days, hog products have
successfully resisted these consecutive
assaults and increased their strength. The
bulls on this market expect, Temporarily,
better prices.
A prominent exporter said to the GLOBE
representative to-day that he was conf
dent Of little boom in pork and lard for
the next ten days. He thinks live hogs
have been hammered down about as far as
producers or the state of the supply will
stand, and that there will be a reaction in
provisions, at least.
On the board to-day regular wheat was
quiet and steady, but a tritie stronger, and
at the close month was about 1lc better
than it closed yesterday, January &c
higher, February 18c higher, and May &c
higher. Early sales were at yesterdays IS
closing, but frmed up trife
when it was known that there
was only eighty-fve cars in, but the i'm
provement was slight, the whole fuctua-
tion of the session was only about &c.
In the afternoon the demand was a lit
tie better and board prices were well
maintained sellers holding somewhat
sitter. Winter is in good request but
.sparingly offered and higher. Spring i.
in fair demand. light supply and firm
Flour is quiet and the feeling steady. E1.
porters have some orders for the various
grades which they are filling, but the de.
mand was not as satisfactory as yesterday
and the movement, consequently smaller
Local jobbers and brokers appear to be
pretty we'll supplied and they are buying
sparingly.
In the corn pit to-day 9
fair business was transacted and the mar
ket ruled tolerably steady, the fluctuations
being confined to a moderate range. The
receipts were 200 cars and shipments fair
Foreign advices werea unfavorable. Tht
market opened weaker and about a
lower, ruled weak, and declined an addi
tional &c, then rallied 1a@Tc, ruled
steady and finally closed about 5sc higher
for December and year than the closing
figures on Change yesterday. January
closedx15c lower, and May 1sc higher. II
the afternoon there was an active demand
under the influence before referred to, an6
prices were considerably firmer. On cal
an advance of about &c all around was