Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-12-14
The TRACK OF TRADE.
1t was Marked by Its Usual Yicissi-
tudes Yesterday.
GRAINS ARE SOMEWHAT LOWER.
Corn the Only Article Evineing Even
Moderate Steadiness.
AN ACTIVE STOCK MARKET.
Graasers Steady, but Oregon and
Northern Pacific Very Weak.
TRAINS ARE SOMEWHAT LOWER.
ACTIVE STOCK MARKET.
CHICAGO.
Especial Telegram to the Globe. |


CHICAGO, Dec 13-The markets on 'changa
to-day were again unsettled and unaatis 'actory
to either side. At the opening the crowd wefe
decidedly beaEish, the visible supply showing
considerable Increase, and brokers generally
supplied with orders 10 seu on country account.
These Influences combined to make weak mar
ket in grain. Provisions were bearishiy affect
ed pretty much all day by heavy live hogs re-
ceipts, and more than he usual quality left
over. Offerings OF stuff il the provision pit
were very free all through the session, making
early prices the rest Of the day.
Wheat was fairly active on speculative ac-
count. Early in The day the feeling was weak,
Influenced By large offerings based on the re-
ported increase Of the visible supply OF nearly
l,00u,e00 bushels. The market opened 5000
lower than the closing the cal board, de-
clined steadily about 1403sc more, then rallied
about 4 in sympathy with corn, and met with
good demand. Later it ruled mora quiet,
again became easier and closed about &c lower
than the closing figures on 'change yester-
day. Receipts were larger. Herbert
j. Howard was the principal buyer,
supposedly on account Of the New York syndi-
cate. On call the oferisgs wore free, and the
demand was quito actiya, prices ruled weak aud
declined 56@4c. Trading was prime ipaliy in
the May delivery,
In corn trading was active, an dtho feeling con-
siderablyunsettIed AT the opening the specu-
lative offerings to sell were large, inhuen esd
somewhat by the pleasant cool weather, and
also By rumors that some heavy o eeato7s had
been selling freely the past twenty-four hours,
and the market opened 1@IAc
lower than the closing figures on the cali
board yesterday afternoon. At this decline,
however, there apeea ed to be large buying
orders ann as soon as Tie offerings became less
the market took an upward course. The firm
ness w9s assisted somewhat by the reduction of
about 800, 600 bushels in the visibly supply and
falling off in the receipts, which were reported
at 2{2 cars against 3i6 ears yesterday. Prices
in all advanced @lXo above the inside figures
reached during tie day, then eased off and
fnelly closed about 1e9lc lower
than the closing figures on
change yesterday On call. the market was
greatly unsettled and prices very irregular, rul-
ing 1%GlI1sc lower Sales were largely in the
May ption.
Oats opened about &c lower owing to the
weakness OF the other markets. The market re-
acted about &c for near futures and lie for May
under good speculative demand. There was
quite a liberal trade in the May delivery. at
the advanced prices the demand fell off and the
market increased, declining to about yesterdays
closing.
The sample trade was little better. Rather
an improved demand existed, the offerinss were
only moderate and choice grades were slightly
improved.
D lot nD6 +bo {ba
market one of dullness, and prices about &c
per bushel lower than yesterday, with cash fair
SAFE, but few were willing to trade for future
On call the offerings were rather higher, and
prices ruled 114(G nc lower. Sales were confined
to the May option.
In barley there were sales of No 2 at an ad-
vance Tie demand was little better because
ONE sales had been made for future delivery,
and cash was bought against these sales. The
demand from CONSUMERS and shippers very
| limited. So far as the market WAS concerned
outside of the specuiatinn 1T was dull and nearly
| n ininal The re ,eipts have fat en- off. Thee
was perhaps less barley offered, but this did not
help the market so long as there was no demand.
| The call WIS quiet, no sales.
! In -four no charge for the better was quot
able. Not enough was dong to give any activ-
| ity or satisfaction IN the trade, with the better
fa1nily and bakers brands firmly held, but
shipping orders We're light and we hear of few
sales Or shipping or exp rC account, with the
low to fair grades selling, bat the better bakers
| brands we're quite dull. Bran and ali mlli-
stuffs were doing vel.
III provisions dug was only moderately ac-
| tive and a weaker fee-Ing prevailed
during the greater portion OF
| the session and material reduction OF prices
was submitted to. The receipts OF hogs were
quite liberal SD the quality good and prlce-
y <,F-
| ferings OF product for future delivery, while
there was no particular urgency Ii the demand
| Tie Shipping demand was moderate and order;
| we're ma My for small quantities. The receipt:
| of product we're moderate and the shipments
we're liberal of all kinds aid widely distributed
Foreign advices were less favorable to holders
and lard was quoted Cd lower. Eastern msrket
were inclined to quietnees and prices favored
buyere The market opened weak and price
showed material redu ;tion, but ruled steadie
toward the middle Of the session and prices raj
lied again. Toward the close they weakened
and closed dull.
4 fair business was transacted in mess pork
but the fesling unsettled and prices huctu
ated considerably. The offerir gs were fair earl,
and prices declined 15@20c, but the decline wa
soon recovered. Later the market rareded 90
iGc, but rallied 15Q20c. Toward the close th
market weakened again, Tecedlng to inside hg
ures and closing steady The ship ing demand
was light. On call the demand was fairy ac-
tive and offerings were moderately large. Price
were shade higher. Trading was in February
The inquiry ior lard was moderately large
offerings free. Prices ruled with coneiderabl
irregularity and SO DC lower. The shipping dc
mand was light On call there was moderat
demand ard prices were q little improved.
In short RIB sides the offerings were model
ateIy large 81 the demand fair. Prices rule
back aud I01 sc lower per 100 poun early /
the day, but rallied again later, ard were com
parati7ely weak at the close. Shipping deman
moderate On calf cffer ngs were large a,
prices easier. Sales we're in January and Eel
fuary.
Washington spatch today says the egr
cultural bureaus estimate of the corn crop III
year viii be about 80, 900, f0G of all kinds,
which not more than 5000 $50 is good orr
Letters ON Nebraska say that by carefI
hard-piekirg about 80 per cent of the COZ
4 cropin that state may be made to pass as No
with good crlbbiDg. The rest will be very pot
3 stuff
Tt is now understood that certain parties ha,
decided 10 ask the directors OF the board
trade to fig margin price for cor
They say that rejected at Il
below the price of No. makes the latter loo