Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-17
CORN MORE THAN HOLDS ITS OWN.
Large Receipts Of Cattle and Hogs
Packing Commenced in Earnest.
BEARS On WALL STREET RAMPANT
Seed Purchases at Low FigureS-A Raid
on Wabash and Canada Southern.
CHICAGO.
Especial Telegram 20 the Globe. ]

nominal change occurred IN any market
on change to-day, ell closed higher than
yesterday. The stronger feeling which
then sprang up continued. The tendency
in the latter part of the day was still lup-
ward, excepting only in corn, which was a
trifle unsteady by reason of the throwing
on the market of large quantity of this
cereal by bull operators, with a view to
check the advance. Should the present
Indictment weather and the reports now
coming in, of the small amount of new
corn yet ready to grade up to No. 2 con-
tinue, a further rise may be apprehended.
In wheat the strong feeling
that has lately characterized this market
is still maintained. To-day the tendency
of the fluctuations was again in an up
ward direction, though the changes ex-
perienced were confined to moderate
range, and the advance established to a
small amount. On the November future
the improvement over yesterdays closing
figures on Change amounted TO &c and on
the later months traded in to &c. The
trading was fair, though largely on local
account. the principal buyers being ap-
parently parties short on the market. De-
cember, January and May were the favor
lite futures. The receipts were quite small,
and helped to strengthen the strong feeling
prevailing. st the opening wheat was
sold at yesterday afternoons prices, but
an advance occurred early. Still this mar
ket was steadier and about &c higher than
on the regular board as quoted above,
and something over a half million bushels
changed hands at the advanced prices
Spring was in good demand and frmer at
better prices. The receipts were also small.
Winter was in active inquiry, but sparing-
ly offered and al higher figures.
Flour to-day is quiet but held steadily.
There was little better demand for the
export trade, and the frinness in wheat tends
to create more firmness among the
dealers in -four. The cold weather has
stitfened the buckwheat. All stocks are
light. Bran and inillstuffs are lighter in
supply and doing we'll.
The corn market was again higher. The
feeling was somewhat nervous, yet the
speculation demand was quite active, and
the upward movement witnessed was toll
erably we'll supported throughout. Prices
all round averaged about 3a@Ac higher
than yesterdays figures on 'change, and
for the futures traded in closed at an ad-
eance OF &c on November, 70 on year,
and and &c on January and May. Year
was again the favorite fu-
ture, with traders and commanded the
principal attention. Speculation was to
more than an ordinary extent on local ac-
count The receipts were only fair for
this season. Cash No. 9 and high mixed
ruled l4@1ac higher. All high mixed sold
during the season at 71224c, though gener-
ally No. and high mixed sold at the same
prices. The days sales Of cash corn were
under a fair average, though early the de-
mand was quite good. At the opening on
the board the prices were 3S@15c higher
than yesterday. gradual further appre
citation of re occurred, but the market
weakened and dropped 11sc. afterward raj
lying about &c, and closing quiet. On
call under free offerings prices were again
shade easier and about lac lower for
November.
In oats the feeling was stronger again
but somewhat nervous, and prices ranged
higher all around. The receipts were only
moderate, smaller than usual and there
was good demand from the speculative
interest. Shippers also bought fairly,
but confined purchases to sample lots.
On the call board oats were in good re-
Int
strong.
In barley a little better demand existed
and prices ruled higher. The receipts
were smaller, which partially accounted
for the firmness. There was
also more speculative interest
developed. Sample lots in light supply
and demand good.
Inc market forrye was again firmer and
nc higher. Receipts were small, demand
good, and holders disinclined to sell.
Notwithstanding the arrivals of hogs
to-day were the largest for many months
past and the quality good, prices for the
raw material averaged but little lower
than on Wednesday, and the produce mar
ket was higher and stronger. It is con-
coded that there is little lard or meats that
will be ready for delivery .the present
month, the spot demand being very good
and valves of the various options have as
simulated. A good demand prevailed for
products, and an increased business was
reported for all the leading descriptions.
Spectators purchased very freely, and
Shippers also bought to fair extent.
though orders were generally for smaller
quantities. Prices were stronger and IA
voraoie 20 sellers, and averaged higher on
The whole range. Foreign advices were
less favorable to holders, and pork was
quoted Is lower. Eastern markets were
steadier. The receipts of products were
rather light, and the shipments moderate.
The demand for mess pork was active and
the market ruled stronger and prices adj
vanced log zoe and the i'm.