Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-21
BLUE MONDAY.
Very Little Spirit Manifested on the
Chicago Board Of Trade.
GENERAL WEAKNESS In PRICES.
Cereals and Provisions Alike on the
Downward Grade.
THE RAILROAD WAR ON WALL ST.
All the Northwestern Stocks Weak and
LOWer-AlmoSt Panic to Sell.
CHICAGO.
Especial Telegram to the Globe. |

CHfCAGO.
Especial Telegram to the Globe.l
CHICAGO, Nov. 2O.-On Change to-day
the general markets were quiet and easier,
due mainly to an increase in receipts.
Provisions broke off sharply, closing at
considerable decline from Saturdays
prices. The depreciation in grains was
not SO marked. Wheat was dull to-day.
Trading was on rather limited scale, and
the market during most of the season
ruled quiet. Prices ruled lower, but the
feeling was steady at the prices current.
The receipts of wheat were moderate, and
foreign market advices quoted no special
change. The fluctuations of prices were
confined within a range of about
35c. and closed about &c lower
than closing figures Saturday, for month
and May, and Is e lower for December and
January. In the afternoon this cereal was
in fair demand, with prices steady and the
feeling triae stronger. Winter and spring
suffered more to-day than regular wheat.
The former ruled weak. There was but
little demand, either on shipping or spec
ulative account, and the feeling was easier,
prices ruling 1a@1c lower. At the decline
moderate business was transacted, but
ferings. Spring was in moderate demand
at a decline of 5000 per bushel. The
receipts were moderate.
Flour ruled steady and unchanged, but
dulIer than usual and sales lighter. There
was some little export demand for choice
spring and winter flour, and low grades in
| desirable shipping order. Local jobbers
were doing hardly anything.
Corn. as for some time past, wassthe CEN
ter of what attraction was manifested.
There was very fair business transacted
/ in this market on speculative and shipping
account. The feeling was little unsettled
and prices averaged lower, due to fair of
ferings for future delivery, influenced by
larger receipts and the improve
ment in the weather, which was
clear. The market opened about 10
@55c lower, excepting for next years de-
livery, which only ruled shade easier,
then ruled stronger, and advanced 70 for
this years futures, lie for January, and 3sc
for May delivery, became weaker. declin-
ing 4@1ac, and finally closed 1sc lower
for November, Ic lower for seller the
year, &c higher for January, and sc high
er for May than the closing figures on
change Saturday. No. 2 was in fair de-
mand. The market continued unchanged
during the afternoon. Increased receipts
and the weather exerted an easier influence
on the oats market, and prices
were 4@1sc lower On the board,
and suffered further decline
of e during the afternoon. The futures
deprecated trife more than cash delivery.
There was good trade for barley in the
sample lots, which went steady. The en-
tire market, however, was neglected and
lifeless, both for cash and futures, and
prices were nominal and unchanged. Rye
was quiet and dull. There was light
| toned.
The offerings of hog products were quito
few, and the demand fairly active. In a
general way the market was weak during
| the greater portion Of the session, and
lower prices accepted, but fluctuations
were confined within moderate range
Shipping demand fair. Foreign advices
exhibited no particular change, and The
Eastern markets are steady at slightly re-
duced prices. The receipts of products
were moderate, and the shipments quite
liberal. The demand for pork was fairly
active and the offerings were few. Prices
| ruled weak and declined 3O@4Oc for No
vember and 1O@1211c on the more defer
red deliveries, and closed comparatively
steady. Cash offered to fair extent and
dull. In the afternoon the tendency was
! still downward, although the demand was
good. The offerings of lard were liberal, and
the demand not particularly urgent. Con-
sequently prices ruled weak SO 1Oc easier
and closed rather tame.
Late in the day little more activity
was manifested, and prices comparatively
steady. Some 81, 900 hogs arrived to-day,
selling early at slightly advanced prices,
but weakened later and declined SC below
Saturdays figures.
| CHICAGO, Nov. 2O.-The board of trade
to-day appointed a committee to recon-
mend a course of action relating to cor
ners. 1t ,is admitted the rule recently
passed, and under which the settling price
for July and September wheat was fixed,
is failure. In one instance the action Of
the committee was appealed from by the
'bears'' to the courts as too high, and in
the other the bulls are Disguised, as the
finding was too low. 1t is believed the
| rule will he abolished
NEW YORK.