Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-14
He FINEST In THE COUNTRY
The Markets Dull, Owing to the Inter-
est in the Ceremony.
WALL STREET BULLS TRIUMPHANT
4 Large Advance in Granger Stocks,
With Omaha Leading.
CHICAGO.
Especial Telegram to the Globe. |

CHICAGO, Dec. 13.-Not much trading
has been done by the grain brokers to-day.
The laying OF the corner stone of the mag
cupied the greater part Of their attention.
The condition of the markets, too, al
though supposed to favor buyers, did not
seem to be conducive to very sharp COM
petition. Nobody is doing anything in
wheat; oats keep stubborniy up; the future
of provisions is too problematic; and king
corn is altogether too unsettled to offer
any inducement to the operator outside
the small inside cliques in each mar
ket to invest very heavily. The
bulls Who have had every
confidence, apparently, in their ability 10
control corn for the remaiRder OF the year,
are becoming less prominent. Severalap-
pear to be on the other side now, and the
army OF little fellows are becoming tired
Of putting up margin after margin, and
many OF them have dropped their deals and
pocketed their losses. Still there are others
who think the big fellows know what they
are about. and bide patiently their time.
1t is too early yet to prophesy where corn
will end the year.
In the wheat pit ON the board trading
was again OF limited character
and the feeling was weaker, with
prices ruling shade lower all round. The
receipts were moderate and foreign news
more favorable, but there was not much
desire to purchase on the part of local
operators, and, with fair offerings, weak
feeling was developed. The market closed
quiet and 10 lower for December, &c low
Or for January, and &c lower for May than
the closing figures on change yesterday.
Winter is quiet and steady, and spring
dull, weak, and 1s@5sc lower for the spec
ulative grade.
Flour IS quiet and unchanged, with very
little doing.
While it lasted very fair speculative
business was transacted in the corn
pit, and the feeling developed
was unsettled and weaker, with
prices ruling lower all around. The clear,
cold weather, which was favorable for the
inspection of the new corn, had the effect
of bringing out free speculative offerings.
and prices declined 1c for December and
sc for January below the closing figures
on change yesterday, while May ruled
| steady. ter,inf1uenced by the falling Off
in the receipts and a better speculative de-
mand, prices rallied, advanced 13@55c
above inside figures, then Huctuated, and
finally closed about &c lower for year, $5c
lower for January and &c lower Cor May
than the closing figures on change yes
terday. 4
| Oats are more active anG little stronger,
with lively business in the futures and
cash firm. in good supply and demand,
steady in store but tride shaky for sam
pie lots. Rye is in demand and frmer.
Barley quie! and dull.
The offerings of hog products were free
early in the day, and prices ruled materi-
ally lover on all the leading articles. Dur
ing the latter part of the session the feel
ing was stronger, and a good portion Of
the decline was recovered. The shipping
demand was fairly active. but largely for
domestic cuts of meats. The receipts of
products were moderate and shipments OF
all kinds quite liberal. Foreign advices
were less favorable to holders, and bacon
was quoted Is lower. Eastern markets with
out material change. The inquiry for pork
was active and the offerings free. Prices
ruled 1O@ 15c lower early, but rallied again
so 1Oc and closed steady. The offerings
of lard were free, and the demand was
active. Prices ruled 21a@5c lower pei
100 lbs. early in the day, but rallied again
and closed steady. Hogs sold 59 1Oc low
err, and $4,000 arrived. Owing to the
business of the day closing at noon, many
speculative orders were left over. More
than days business must be transacted
to morrow, and this will have some effect
on the markets.