Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-02-16
RATHER UNSTEADY.
Wheat the Center Of Activity on the
Chicago Beard Of Trade.
THE ADVANCE PARTIALLY LOST.
Alternate Rise and Fall in Prices All
Day Long.
LITTLE DOING IN THE CORN DEAL.
Provisions in Good Demand But Prices
Easier.
LIVE HOGS SOME STRONGER.
Spiritless Transactions in Stocks on
Wall Street.
LITTLE DOING IN THE CORN DEAL
Provisions in Good Demand But Prices
Easier.
LIVE HOGS SOME STRONGER.
Spiritless Transactions in Stocks on
Wall Street.
CHICAGO.
Especial Telegram to the Globe. !


CHICAGO, Feb. 15.-Prices on Change
were up and down to-day, being very IT.
regular and subject to frequent huctua
tions. In wheat there was a tendency to
! react from extreme prices, but the inher
ent strength of the market and heavy buy
| ing caused rapid recoveries, although at
| the close all futures sold under yesterdays
| final prices. During the session of the
regular board the wheat market was active
and unsettled, fuctuating about 11ac dur
| ing the session, and at the close February
was about 5sc lower than it closed
at o'clock yesterday, March
2c lower, April &c lower, and May about
58c lower. Early sales were at nearly
the closing figures at 1 o'clock yesterday
but ruled weak and sold off about 15c,
then became firm and sold up irregularly
amid some excitement 1A@13Sc, after
wards fell off irregularly about 1c, i'm
proved some, then broke 14@1sc from
the highest point, afterwards changed
moderately, and closed quiet. On the
call board further decline
of B@4c was sustained. A
half million bushels of May
then sold at $1.158@ 4. At one time to-day
this delivery touched $1.161s, and its
lowest point was $1.15. Receipts here con-
tinue small, and advice5 concerning the
| condition of the foreign market and crop
prospects not less strongly favor holders.
Winter and spring wheat are in good de-
mand and hold very firm, offerings being
| limited.
There is no change in the -four market
except that even less than usual was do
ing. The feeling is no less stiff. Stocks
are not large, the receipts are
only moderate, and with present
high prices of wheat holders are firm in
their views. Exporters are doing but little
| although they have in some instances ad-
vanced their former bids. Local jobbers
are making only small purchases, paying
well up for their actual needs from day to
day.
An unsettled feeling prevailed in corn,
and prices very irregular and higher.
Trading active and speculation centered
chiefly in the May delivery, (which advanced
more sharply than the other deliveries. The
receipts were fair, but mostly comprised
low grades, and those we're taken up for
shipment. Speculation seems to be the
controlling influence, large buying orders
and an active demand from shorts causing
a marked appreciation in prices. Advices
from other markets are favorable. The
market opened unsettled and prices a
11lc higher early in the day than the clos
ing figures on change yesterday, then de-
clined 4@1c, and finally closed about 115c
higher for March, 115c higher for April,and
28c higher for May than closing
figures on change yesterday.
No. and high mixed in good request and
sold at 57@573Sc, and closed at size.
Rejected in good request, depending on To-
cation. New mixed active and closed firm.
Sample corn active and offerings quite
large. There was more activity than usu-
al in March, and sales ranged at 5714@
5815c very sparingly at the outside prices,
and closed at 5715c bid, opened very un-
settled and as trading centered in May
there was some difficulty experienced in
| trading in March, with early sales in diff
ferent parts of the crowd varying widely,
sales being reported anywhere from 57Ns
@581sc, and few trades at 584c. May
was active and trading centered chiefly in
this delivery, with sales at 614 @6215c to-
gether and closed at 61$sc bid, and
few trades at 611s@614; opened un-
settled, with sales at611ac, at 613sc and
| 6124c almost at the same time.
In the evening under full offerings, prices
were shade easier except for May, which
in some instances brought 1sc more
than at 1 o'clock.
| In oats an improvement in
prices was again established for
all deliveries. Trading was almost al
together on speculative account. There
was a fair demand and the advance in the
leading markets rather restricted the de-
sire to sell. Car lots of No. were 10 %c
| higher. Sales were made at $50 lie.
Sales rather light, for consignments were
mostly sold by sample. The receipts were
| quite liberal, and the sample market was
well supplied. Holders were firm, but were
unable to obtain an advance corresponding
with that on the regular market, owing to
samples being too freely offered. In the
| futures there was fairly active market
Considerable strength was noticeable in
the feeling, and prices ranged 1s@4c
higher. The full advance was not, how
ever, mentioned, being trife lower in the
afternoon.
Rye was firm. The cash offerings were
light, and frmer. Markets for other
cereals again checked offerings for future
delivery. A fair demand existed
chiefly on speculative account
No. 2 cash was 15c higher
Rejected nominal. Sample lots were found
rather slow sale. Future deliveries were
shade frmer. Light offerings; checkered
trading.
| A limited quantity of cash barley wa:
offered at S5c, but no bids were obtaina-
BILE. Beyond this there was nothing te