Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-28
A Good Demand for Grain to Fill
November Contracts.
PORK STEADY-LARD SOMELOWER
A Review Of the Weeks Operations
and Variations.
NOTES FROM WALL STREETH HAUNTS
Rapid Increase in Prices Of Stocks OF
Nerthwestern Roads.
CHICAGO.

CHlCAGOs
Special Telegram torthe Globe.1
CHICAGO, Nov. 27.-On change to-day
wheat was frmer and good fraction
higher; corn although opening weak, stiff
fened and closed firm, a trife better for
cash. but lower for the futures than Satur-
day. Oats show the effect of the closing
month. the November delivery, which is
cornered. duplicating its upward jump of
Saturday. Provisions have been active
and irregular but frmer and steadier later.
and closea the day at about SATURDAYS
prices. On the board regular wheat was
fairly active and generally stronger, and
at the close the month was about SIC better
than Saturday, December 4c higher and
May q C higher. The market opened strong
and sold up trihe. then became weaker
and declined some, but later tirmed up and
sold q over the lowest price, afterwards
fiucuated some. and closed firm. The re-
ceipts were only moderate, and the shorts
e7inced Gai.e d desire to cover. Later in
the day prices were still steadier. For
winter wheat there was only a moderate
demand, trade being rather slow. The
feeling however, was steady, for No. 9
prices were firm, but the lower grades ruled
easier. No. red sold at 95c, and
special location shade higher. With reg
ular the feeling in the afternoon was
stronger. Spring was in light request and
quiet.
The -four market is quiet and without
special change. Some export inquiry ex-
listed, some orders being untitled, but the
advanced rate of freight to take effect Dec.
1, is having some affect on the movement.
as buyers say they must endeavor to buy
little cheaper. Stocks not large. Local
Joobers bought sparingly to-day.
In the corn PIT the feeling was consid-
erably unsettled and trading fairly active.
The demand was chiefly Of speculative
character, only the low grades being in
request for shipment. The receipts were
considerably larger, and the market opened
weah. Under free speculative offerings
prices declined 24@1lllc for Tic various
futures below the clio sing figures OF
'change Saturday. Later the demand
from 5000 for the various futures, and
for cash. The reaction was largely due to
the sharp advance in cash, which was in
active demand, chiefly for the purpose of
delivering on November contracts which
would not settle, and which parties had
sold at higher. and had profits in their IA
vor,of which they wished to take advantage.
VIZ or H. IL
urday for November and 15c higher for
cash, while year closed &c lower,
January sc lower, and May 1ac
higher. No. 2 was in active demand,
opening at about 661sc, though at one
time 66l4c only was bid, sold steadily up
to 6711ac, and then to 6s@6s1ac, back to
CSC and closed at about Csc. On call there
was a moderate demand in this market,
and prices were unchanged. There are
plenty of buyers whenever prices weaken.
Oats to-day were more active and sold at
higher prices, with quite big apprecia-
tion for cash and this months option, and
this was giving firmer tone to the whole
trade. There is still quite shortage out
for November, and in the attempt to buy
In this advance was established. No 2
cash opened at 3755 for car lots, sold to
3Sc, and round lots would have brought
well up to the option price had any been
offered. More was offered in store as the
big advance was above the sample
market, and only the rejected and the bet
ter cars OF white were saleable at any pre-
MUM. Rejected scarce and sample
lots In fair supply. This market showed
some further improvement on call.
Barley was very quiet. There was no
important change. No. quotable at sc.
There was very little to trade in. and the
demand was also decidedly light. No. 3
sold sparingly, and this grade was also
scarce. Sample lots were in fair supply
and met with a very fair demand
for good grades, and prices ruled steady.
Rye was quiet with light trading at
about 1ac lower than Saturdays prices.
The decline was established early when
corn was Off, and there was not enough in
terest in this market to cause a reaction.
Rejected was going to the sample market
and going off readily at better than could
be had in store.
The demand for hog products was ac-
tive on speculative account, and the offer
ings were large. Early in the day the
market was decidedly weak and prices re-
ceded materially on all the leading ar
ticles, but during the latter part of the
session the feeling was stronger
and prices rallied again consider
ably and closed comparatively
steady. Shipping demand fair. Foreign
advices slowed no material change, and
the Eastern markets were easier. The re-
ceipts Of produce were moderate and the
shipments quite large. Pork was active
but unsettled and irregular, opening weak
and selling off ,20@ 25c per barrel, but later
reached 25c and closed steady at slight
advance on Saturday on everything but
November, which closed at decline Of Is
@20c. Lard was active but Irregular, sell
ling OF i59l7Ic per 100 pounds below