Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-24

prevailed In this m8rk6C,anQ prices were Ifs
regular. Trading was quite active on spec-
ulative account, and good for shipment.
The receipts were larger and the ship
ments were moderate. Foreign advices
were more favorable and Now York higher.
The market opened about 4@3sc higher
than closing figures on the call board yes
terday afternoon, and advanced Ic more
for the year and ac for November, but
under the influence of increased receipts
there was more desire to sell and prices
fell off 1@11sc, while January and May
declined only about 3sc, fiuctuated and
finally closed about higher for Novem-
Der and 14c lower for the year than
closing figures on change yesterday.
January and May closed k@Ic lower
than yesterday. No. was in good demand
and 1ac higher. Sample corn sold well
but closed weak for rejected after the
orders were filed. On call the demand
improved considerably, and prices were
irmer and triae higher.
Cash and November oats under mod
crate inquiry and light offerings ruled
steady at d a. 5sc advance. Other de-
liveries followed very closely after corn,
opening higher and afterwards recsding to
about yesterdays closing quotations.
Sample lots sold we'll and ruled steady.
The demand for the better grades keeps
fully equal to the supply.
Barley continues lifeless. Prices are
nominal, and there are no orders to speak
of.
Rye is shade frmer and for cash and
near deliveries ia 5sc higher. There is
moderate demand and few offerings. At
the close the tendency was upward.
The inquiry for hog products was quite
active early in the day. and the market ex-
hibited considerable strength. The offer
ings were not very large, and prices ad-
vanced materially on all the leading arti-
cles. About the middle of the session q
weak feeling set IN, the offerings were
larger and the improvement in prices was
lost. Shipping demand fair, but sales
moderate. owing to the difference in views
of buyers and sellers. Foreign advices
1ather unfavorable, and prices for lard and
bacon show a decline. Eastern mar
kets rather weak and prices
ruled lower. The receipts of
product were moderate and shipments of
all kinds fair. The demand for pork was
fairly active, and the market ruled frmer
early at 1O@2Oc advance. Later the
market weakened under the influence of
free offerings; and prices receded log 15c
and closed steady. Cash In fair request
and steady. Lard was active, firmer and
higher, closing at an advance of goa 22Ic
on the November option and 1215@15c on
the longer options. Cash generally held
21a &c above the November option. On
call the inquiry freshened, and both pork
and lard were frmer and stei.iier Pork
improved in prices somewhat, and
partially made up for its mid
day weakness. Some 4c,loaa. hogs
were received to-day, of good quality,
and half as many more left on the market
from yesterday were offered. The market
shows considerable improvement in tone,
being active and firm to-day, and prices
were well maintained.
Another law suit growing out of board
of trade transactions is the subject of con-
siderable discussion on Change. Judge
Barnum ordered capeas to be issued for
the arrest of Charles D. Ives, of Cedar
Rapids, Iowa. The affidavit upon which
the writ was issued was made by Mr..
Tewkesbury as attorney for David Dows &
Co. Of New York, st. Paul and Chicago.
It states that Ives had certain deal
ings in corn with David Dows & Co.,
commission merchants of this city; that
On Aug. IL last, when settlement was
had, it was found that Ives & Go. owed
Dows & Co. $37, 900, of which he paid
$4,000 cash, gave notes of $4,000, and as
security for the remaining $4,000 made an
assignment of a contract between himself
and II. j. Harrison by which he was to de-
liver the latter 10000 bushels of corn at
a fixed price. On this contract $4,000 had
been paid by Harrison to Ives, but no corn
had been delivered. Ives held crib receipts
for large amount of corn, 10000 bushels
of which, it was understood, was bought
with the money of Dows & Co. The as
signment of the contract was delivered
to G. F. Van Vechten, of
Cedar Rapids, and it was understood that
Harrison was to pay him for the corn re-
ceived from Ives & Co. until the debt of
S4,5OO was satisfied. 1t is charged that
Ives turned over to Harrison only just so
much corn as Harrison's $4,000 had al
ready paid for, and failed and refused to
account for the other portion, or to pay
his debt to Dows & Co. The attorney says
that he met Ives at the Grand Pacific hotel
in this city last Tuesday, when the latter
told him he never intended to pay Dows &
Co., that It could not be collected of him
on judgment, as he had just been ap-
pointed travelling freight agent of
the Burlington, Cedar Rapids Il
Northern railroad, of which his father
was general superintendent, and he would
always have his salary down in advance,
and that David Dows & Co. could whistle
for their money. Ives learned that a ca
pias had been issued for him, and went
voluntarily to the sheriff's Office and fur
nished bonds, which the judge fixed at
$4,000.