Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-14
Enjoyed by Spectators in Chicago and
New York Yesterday.
MARKETS EXCEEDINGLY DULL.
A Good Demand for Wheat and Corn,
but Few Offerings.
THE WALL STREET MANIPULATION
Stocks Remain TOlerably Firm but
With Degree Of Uncertainty.
CHICAGO.
Especial Telegram TO tbs GIObe.l

quiet, and little has been done for the
week. with 2 fair call and steady quota
ton for the good TO fine family and
bakers brands, but shippers and particu-
Iarly exporters we're having light buying
orders, and were buying little besides the
lower grades to only fair bakers stock and
and were finding little of these qualities
to work from. Rye Flour was dull.
Buckwheat -four was lower. Bran and ell
miilstuIs were in light supply and going
steady at firm prices.
Wheat was active and firm early. but be-
come very weak later and at the close
November vas &c lover than at o'clock
yesterday. December about y follower, Jan
uary e c lower, and May about &c lover.
At the opening prices we're strong with
demand, and sales were made at an ad-
vance of I 955c over the highest prices
touched Oh change yesterday, bat the i'm
proyenent brought out heavy offerings,
under which prices soon weakened, finally
fell 1ll0I#5c from tie highest point Of
the session, then huctusted some and
closed easy. Receipts smaller. Market
dOSACC5 hSLC AL4As " cAiJ-O all 1AAG-O VICE
considerable pressure TO sell. Crosby and
Driver sold two million bushels for BaIti-
more parties.
In corn large business vas transacted,
chiefly on speculative account. The ship
ping demand vas fair. The feeling was
unsettled, prices ruling &c higher early,
bat later ak and depressed, declining
1899 for the various futures, fuctuated
and closed $3.50 lover than the closing
figure on change yesterday. The re-
co-pts era Q little larger. but the weak
ness was attributed mainly TO large offer
iAgs Of long corn being placed on the mar
ket, and 70 the influence Of the short il
tsrest. 10. , was lower. The market fo-
futures opened higher, but by ehs time
that cash corn came on the market price
had declined l = on October, &c or No
vembar, &c On year and &c on Nay. The
frmue=s early brought cut liberal oTer-
ilgs, and with an increase of about 190
cars IN the arrivals and q drop IF 1 o il
New York, there was 4 steady decline.
Hutchinson bought round LOT of May,
and Lester took some for shipment. Lsad-
ing houses advise caution in selling short.
Oats opened up stronger and al higher
pricss, but free offerings at the advance
and heavy break in other markets gave
weaker tone and resulting in & define Of
about II per bushel and slow closing.
No. cash was held at 2815o early, but BE-
fore the car lots we're offered on sale
prices had declined to 2Ss, and with
limited demand at about this price. Sam
pies were selling freely and we'll, and at
better prices than eoald be obtained in
store.
Rye was more active and higher prices
were realized for cash and all futures, with
more buying orders and lighter offerings
of cash helping to an appreciation of
12eZc per bGShel from yesterday.
Barley was showing signs of improve
mert, and though no better prices were
paid, still there was an improved demand
for the cash property, and with much
lighter offerings of the some helping to a
close clearing up of the stock placed on
hand. The poor qualities of No. were
dull and the good to choice quite ready
sale on track or free on cars. The poorer
samples were still slow, and though ell
were worked of still low range had to be
accepted to tempt buyers tsstake them.
In provisions there was little change.
Trading in the aggregate was
light, and the feeling was
easy during the greater part of the session.
Offerings were fair for the more deferred
deliveries, but the light demand was some
what limited. Prices were weak and on
the whole range show q slight reduction.
The receipts Of hogs were liberal for the
closing day Of the week, and prices ruled
lower, which hsd some Influence on the
course of the market. Foreign advices
we're rather unfavorablo to holders, and
the eastern markets showed 10 particular
strength. The shipping demand was
rather small. The receipts of product
were fair, and the shipments quite liberal.
There was very little doing in tie market
for mess pork oEtside OF fair trade
for January delivery. The offerings were
not very large, and there was no partica-
lar urgency III the demand. Prices on the
whole range exhibited reduction Of 1Oa
e. zoe. Tim shipping demand was fair in
the way of filling small orders. The offer
ings of lard were modera.e ane the de-
~ mand ligqt. Trading was rather small in
the aggregate. Prices favored buyers TO
the e1ent Of Zoe per 100 pounds, par
ticularly on the deferred deliveries, and
closed comparatively steady at medium
figures. The shipping DEMAND was
meagre Fairbanks Is up. October lard
steady.
One of the Oldest heads on change said
yesterday: "Marh my words, wheat will
sell lower within she next ten days than at
any other time within the next five
MONTHS That is all he said, but the re-
mark was based ca tbs belief entertained
by some Others that there is again wheat
clique which Intends to see how much
virtue thece is IL the article.
It does nos seem likely that much could
be done III the say of bulling wheat this
enrly in the season, with such an utter lack
of European demand. Ii may be that they
do not vans TO bull it ret,
but there are some peopel
who balieye that p-omineht parties
who have been sellers for three weeks past
q hs.--