Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-18
CEREALS and STOCKS.
A General Dullness Prevailing in the
Chicago Grain Markets.
PRICES VERY WELL MAINTAINED.
Corn Suffers Decline Especially on
the Near Futures.
LARGE ARRIVALS OF GOOD HOGS.
Pork and Lard Strong and Higher
Packing Operations.
LIVELY OPERATIONS on WALL ST.
Raid on the Granger Shares-NOrthern
Pacific Scores an Advance.
LARGE ARRIVALS OF GOOD HOGS.
Pork and Lard Strong and Higher
Packing Operations.
LIVELY OPERATIONS on WALL ST
Raid on the Granger Shares Northern
Pacific Scores All Advance.
CHICAGO.
Especial Telegram to the Globs.

CHICAGO, Nov. 17.-Although a feeling
of depression prevailed on change during
the morning, and prices for time were
frmer feeling ensued, and all the markets
except the near options of corn, which
broke off sharply, were higher than at the
close of yesterdays business. One cir
camstance having considerable influence
on the morning feeling was the phenome-
nal electrical storm, extending on every
side of the city, which for a time cut off
telegraphic communication with the out
side world This curtailed business most
seriously, next to or no orders being receiv-
ed from the seaboard or the country, and
trading was largely of a local character
In the afternoon deferred orders came
pouring in, and the telegraphic advices of
threatened war between Austria and
Russia had more or less influence in start
ing rally that came near being little
boom. This feeling was general through
the whole range of the market, and is ex-
pected to continue to morrow. Cash and
November corn were the principal suffer
ers in the mornings break, and lost all
that the steady demand of the past week
had given them, but later recovered
in part. The wheat market
opened nervous, weak, and
comparatively quiet. The attendance of
operators was about as large as usual, but
there was no disposition to speak OF to
trade, and business rather dragged some
| what. Outside orders were curtailed by an
! interruption to telegraphic communica-
tion. The feeling was on the hearish order,
! and lower prices prevailed. Based on
yesterdays closing figures on change
| November ruled 1ac lower, and the later
futures traded in 1a@5ac. During the last
half hour of the session the market ex-
perienced an upward turn, and closed the
same as yesterday for November and
December, Ic higher for January,
and 1sc for May. The receipts were
quite moderate. On call wheat
was quite active and firm at prices 1sc
higher. Spring was quite dull to day, but
winter was in good demand, in the morn
ing when prices were shaded somewhat.
Flour was neglected and slow, and trad
ing light for all kinds, with the home trade
buying to particularly light quantity
and shippers and exporters doing less than
has been noted for some time. Stocks are
light, and the better qualities are held
firm, and particularly for the family and
bakers brands. Rye -four slow.
The marhet which showed most markedly
the conflicting tendencies during the daywas
corn. In this cereal the feeling opened weak
and nervous. Fluctuations were unusually
frequent, and as the offerings of all de-
scriptions OF property were generally ex-
cessive, the price changes experienced
were, as rule, in downward direction
On cash corn the early decline, as com
pared with yesterdays closing figures or
'change, amounted to Sc, on November tx
| &c, on year to 1870, on January to 3sc
Speculation was quite active, though, ow
ing to the poor working condition of th'
telegraph lines in various parts of tht
country, which limited outside orders, th'
trading was more largely than usual OF
local account. Toward the close a sharI
reaction occurred, due to war rumors, and
a good portion of the early decline was re
ceived, cash closing only about 2
lower, November about Sc lower, and tn,
year about 10 lower than yesterday, while
January and May closed shade highe
than yesterday. Cash No. 2 and higl
mixed opened with the sale of few car
at Toe, but the demand was light and tn
market fell off with scarcely any trading
until CSC was accepted for few cars o
No. 2. Later, prices sustained decides
improvement, and at the close both No.
and high mixed were quoted strong at 6
@69Mc. In the afternoon still furthe
recovery was noted, corn being actively in
quired for and readily taken at prices IA
Hchigher than on the regular board, and it
reported that curb sales later we're at
slight advance over call prices. A millio
and three-quarters bushels were sold o
the call board. The tendency at the clos
was firm and still upward.
In oats fair business was transacted
and the feeling was somewhat unsettled
Early in the day the feeling was firm, br
later, Influenced by larger receipts, and
sympathy with the decline on other grain
prices gradually eased off and closed will
in about 1@asc of outside prices.
!. the afternoon rally this loss was pre-
ty.much regained, oats being in good r
quest and firm. Rye was 10 higher t,
day. Small receipts and fair deman,
Barley was quiet and steady. Both offe
ings and demand were small.
In the provision market trading W,
only moderately active in the market fl
hog products, and the changes in pri@,
were slight Trading was mainly of
local character, orders from outside pojn
small. A few foreign orders received la
yesterday were provided for. Shippir
demand rather light. The receipts
products were light, and the shipments
all kinas fair. The receipts of hogs a
very fa;rsand will be about 10000 for Il
week, against 211, ,732 same week last yes