Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-15
4 Considerable Drop in the Value Of
All Hog Products.
SOME EXCITEMENT on WALL ST.
The Shares Of Northwestern Roads AT.
fected by the Passenger Warfare.
WHAT KNOWING ONES SAY.
The Omaha Trying to Break With the
Northwestern and Run the North.
ern Pacific Into Chicago.
CHICAGO.
Ispecial TELEGRAM to the Globe. /


business was transacted On change to-day.
but no particular features marked the
trading. No great changes were scored in
any of the markets, although wheat showed
unusual strength, and provisions eased off
little more than usual of late. Wheat
evinced more life than it was thought to
be possessed of, and it was stated this
market was to be subjected to some man
ipulating before the close of the month
and a break made in the quietude existing
since the close of the September corner.
This morning prices covered in their fuc-
tuations wider range than on Change
yesterday, and the tone of the trade was
better, the closings all around indi-
eating a general advance. The i'm
provement established amounted to nc
on November and year, A@1c on Decem-
ber, January and May. which were the
favorite futures with speculative traders.
The trading was larger and better in its
character than usual and the days busi-
ness transacted was quite fair. The firm
ness exhibited rather stimulated number
of traders, short on the market. to cover
outstanding trades. In the afternoon the
request continued good and prices STEADY
at board prices for the longer future, and
SO Lc higher for the near deliveries.
January was most in demand on call,
although December and May were traded
in largely. Spr ing ruled frmer for the
speculative grades under a good demand,
but the lower grades were easier, Winter
was in only moderate demand and prices
easier.
The flour market was steady
and without special changes. Exporters
are not buying to any extent, and local
iobbers are trading sparingly. The trade
is slow but prices are steady. Buckwheat
hour is somewhat irregular in price, owing
to the difference in quality of offerings.
No very important changes occurred in
this market for week past, and no new
features have been developed. Trade has
| been only of moderate character, and at
times very slow. Local jobbers, in par
ticular, have bought sparingly for some
reason. Evidently they are pretty well
supplied for present wants, and possibly
are holding off in anticipation of lower
and if not favored with lower
prices for flour local dealers do not ap-
prehend any advance, and therefore have
merely supplied actual wants. There has
been a moderate foreign movement and a
number of lots Of sacked -four have been
taken daily, but there has been no special
urgency to the demand. The better grades
| 1Fs 1rko vhoo nj,
low grades, were taken, and if holders were
not too firm in their views and held suit
able stock, they generally managed to
effect sales. The receipts have been very
fair, but the shipments equaled the ar
rivals and no further accumulation of
stock has taken place. Freights have not
undergone any special change, and mar
ket advices from other points generally
Quoted steady and unchanged, though Livs
erpool was perhaps shade firmer. Buck
wheat is worth 75c@$1 less per barrel
than week ago, declining under increased
supplies.
Corn to-day ruled lower in immediate
futures and trife frmer in one or two of
the longer and more favorite speculative
vous and unsettled. Fluctuations we're
confined to rather moderate range, yet
they were unusually frequent. and the
days movement was marked by more than
ordinary irregularity. Prices averaged
also easier than on Change yesterday,
and at the close the futures
traded in were unchanged for
!
January. May was held very steady and
closed &c higher. Year was again the ia
vorite future. and the trading in it COM
passed the bulk of the speculative business
transacted. The receipts were again fair.
Cash corn was only moderately active,
closing same as yesterday for No. 2, and
some 21ac lower for rejected, which met
witha rather slow sale. In the afternoon
this market was very active, but prices
were somewhat easier. OF the million
bushels sold on call, two-thirds were for
year delivery.
Trading In oats was fair, but chiefly on
speculative account, and an uneasy feeling
prevailed. In the morning prices ruled
lower all around, but afterwards rallied
and closed 7S63sc Better than yesterday.
Rye was quiet and steady and barley
steadier and shade higher, No. 2 show
ing most strength.
Trading was moderately active in the
market for hog products, but the feeling
was som ewhat unsettled and prices irreg-
ular, and averaged lower for all the lead
ing articles. The offerings were quite
free, especially for the near deliveries, on
which the decline was more marked. Ship
| ping demand fair, but orders were chiefly
for small quantities. Foreign advicss a
little more favorable and lard quoted Sd
higher. Eastern markets were compar-
atively steady. The receipts of product
were rather light, and the shipments Of all
kinds fair. The offerings of mess pork were
quite liberal, and the demand moderately
! active. Prices ruled weak during the