Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-10-31
DULL DAY.
Getting Ready for the October Settle
ment.
PRICES ARE GENERALLY STEADY,
The Country Lambs Withholding Order,
and Chicago Chaps Have to
Scalp Each Other.

CHICAGO, Oct, 3O.-The beginning OF the
new week has not improved either in
prices or trading. To-day has been an
other dull day on Change, and althou gh
during most of the day feeling of con-
siderable frmness prevailed, in the af-
ternoon general hattening out occurred,
and weaker feeling prevailed in all the
markets than did at the close of Saturdays
business. This at the very close of the
month, on the eve of settlement day, is Pc
culiar, and shows very conclusively that
the October corners which were somewhat
feared on the beginning of the month, have
izzled out.
Corn and oats are the only commodities
dealt in to any extent that close Oetoo er
higher than they began it, the former
being about eight cents better and the lat
ter two and half. Wheat for immediate
delivery is about a cent lower and pork
and lard considerably Of.
In the wheat market to-day a quiet feel
ing prevailed and the business done was
inconsequential. The difference bstween
the highest and lowest prices of
tie day was less than usual.
The receipts were larger and shipments
smaller. No special change was noted in
advices from other points. Trading was
chiefly on local account, few outside Or
ders being received. On the regular board
prices declined 1s@14c from Saturdays
close and on call about as much more.
The dullness extended through all the fu-
lures and'included winter and spring, al
though the latter held its own rather bet
ter than winter or regular wheat.
Flour ruled steady but quiet feeling
prevailed and trade lacked activity. Some
few lots were taken for export,
but local buyers touched -four daintily.
In the corn pit on the regular board only
moderate business was transacted, and
the demand was chiefly on local account.
Outside orders were not numerous. and the
market ruled more quiet than for some
time past. Prices were quite steady and
did not vary from the range of Saturday.
The receipts were larger, but there was no
desire to force sales. Prices f1uctuated
within range of about 15@1c, and closed
about &c higher for cash and October
than Saturday but without any special
change for other futures High mixed
found somewhat better market. In the
afternoon some improvement in trading
was noted but at the expense of prices.
The offerings were very free, the offerings
of buyers being more than net by sellers,
the demand freshened and quite brisk
business was done for short time. On
the call board something over million
and half bushels changed hands, at prices
generally favoring purchases. Corn closes
the month in better shape than other
market.
A fair volume of business was transact
ed in the oat markets. Early in the day
both cash and the futures ranged a trife
| higher, but the market reacted and closed
shade under Saturdays quotations.
Rye was in better demand and frac-
tion higher. Little was doing in barley
except for No. 3, which was in fair demand
in northwestern elevators, being wanted
there in order to fill out some cargo ship
ments and for these receipts the market
was Steady. Other locations were very
dull and the market was full of sample lots
for which there was little or no de mand.
and although offered cheaper most
consignments had to be carried over,
The provision market was disappoint-
ment to those who prophesied continunce
of the reaction against lowest prices. Dur
ing most of the day they were encouraged
by an upward tendency. On the regular
board the demand for hog products was
moderately active and the offerings fair.
The feeling was steadier and fluctuations
confined within smaller range than for
several days past, and on the
whole the range averaged higher.
Shipping demand moderate. Foreign
advices rather unfavorable and lard quoted
I'd lower. Eastern markets without mate
rial change. The receipts of the product
were rather light, and the shipments
smaller than for some time past. Pork
met with very fair sale and the offerings
were light. Prices advanced 100 15c Lard.
| while only in moderate demand, stiffened
22 @5c. In the afternoon, however. this
overcome and debilitated feeling pre-
| vailed at the close, the advance being lost
and prices no better and hardly as firm AS
yesterday. This was in the face of
bad weather and very light receipts
OF hogs. The advocates of higher prices
are confident quite little boom will take
place in the provision market early in No
vember, but the packers are not among
these prophets. 1t is acknowledged. how
ever, that the forcing process, the big
bears recently united on, has very much
curtailed the receipts of hogs, and any
further operations of this nature are likely
to check arrivals entirely. To-day and
Sunday but about 5000 came in. and On
Saturday only 400. Had prices of fort
night ago been maintained the number
would have been 10000. AS it is producers
can better afford to fatten their younp
stock on unmarketable corn and wait until
the packers signify their desire to start up
operations. To-day's receipts were of poor
quality, but met ready sale at prices firm
at cents advance over those of Saturday.
The buyerS. it was noficad uero no+ A.