Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-12-17
CHICAGO.
Especial Telegram to the Globe. I

change were generally strong and shade
higher than the close On yesterdays call,
except probably oats, while corn was as
usual the princip pal market. The feeling
inclined to bearishness. Heavy trading by
any particular house was not feature of
the day. Schwartz and Dupee, however,
were buying pretty much all day, while on
the other hand Baldwin was liberal
seller. The early market was improved On
better inspection and lighter receipts.
In whea6 the movement from first hands
was less. A suspicion of manipulation in
near options also contributed TO the
strength. The opinion as expressed by
conservative traders was that wheat is too
lew and corn too high. THIS opinion
doubtless explains the strength in one and
the comparative weakness in the other. A
rather steady and firm feeling prevailed,
and the market during most of the session
was strong. Trading was not active
but good speculative business was trans
acted. The offerings were only moderated
and to fill buying orders parties found the
market strong. The receipts continue
quite free and were larger than yesterday.
Prices fiuctuated within range of about
sc and closed about 4@$5c higher than
the closing figures on change yesterday.
On the curb the market was strong and
prices 15@4c higher.
Corn was fairly active, somewhat irregu-
lar but generally weak, closing about 20
lower than yesterday for December, &c
lower on January, Ao lower on February
and 75,c lever on May. The first trading
was at some decline from yesterdays
closing, but ruled rater firm for time,
and sold up $40 81 on the near futures
and a trife up gu May. Later there was
general rush to sell. under which January
fell 1 536c from the highest point previous
y touched, February declined 11ac and
May aboat &c. there was some improve
ment later, the closing was rather
easy. The cold, frosty weather was one
cause of the weakness, as it was expected
to dry out the cora, put it in better condi-
ton and improve the grading. The in
crease in the receipts also had some influ-
ence in producing weakness.
Oats were liberal shortly after thu open
ing 1t was due largely to increased re-
eeipts and a lower corn market. Trade
was rather quiet, too, the market being at
tended by only small number of operators
When inside prices wore reached thu ofs
ings decreased. There was little more
inquiry and II moderate reaction followed.
Offerings by sample were larger, more oats
being held out on account of the decline.
Ill
Rye ruled steady and quiet. The mark
ct in general way rather neglected. The
offerings were small. January, February
and March deliveries we're little frmer.
The demand for May delivery was very
light. Few sales were made by sample.
In barley iess disposition was shown to
trade, and the feeling was one of dullness
generally, with sellers at shaded prices for
No. cash and all futures for this grade,
to neglected and dull for the lower grades
in store or in the sample market. No. 2
cash was in light request. Samples we're
quite dull. and it was difficult to bring
about rates, and particularly for poor and
dark grain.
IN flour nearly lifeiess market was
noticeable, sales were next to nothing, end
buyers were scarce, while the better family
and bakers brands were firmly held, there
was no kind of fair trade possible for
shipping stock or anything but low to
fair grades, and in the way for forced
selling TT that. Rye -four, dull, blkwheas
flour can be had at a big reduction, while
buyers have been scarce at any price. Bran
and ell mill stuffs were going slow.
In provisions considerable interest was
manifested and trading ON speculative
account was quite active. The offerings
wore moderately large and the demand
was urgent at times. In general way
the market was stronger and prices On all
the leading descriptions averaged highe
though ruling somewhat irregular. The
shipping demand was moderate and buy
ers rather slow to meet the
views of sellers. The reoeits of hogs
we're moderate and prices show little
change. Foreign advices exhibited
stronger feeling in lard and prices were
quoted Ga higher, but pork end bacon
were unchanged. Eastern markets were
stead-er. The receipts OF product con-
tinued LIBERAL and tbs shipments large in
the aggregate.
Trading was fairly active in the market
for mess pork but prices ruled with con-
siderable iuregularity. TIE speculative
demand was active and the offerings
fair. Opening sales were made at 5@10c
advance, and further appreciation of 5@
Zoe was gained. Later ths feeling became
weaker and prices receded 15@ zoe. but
rallied again 20@25o and closed compare
lively steady. The shipping demana vas
higher and cash lots quotable st Sl3 6215
els 37115 for old and sl4,25914 BIZ for
new.
The lard market exhibited fair degree
Of activity and in general way the
market showed some strength. Prices |
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