Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-02-01
PROVISIONS STRONG AND HIGHER.
Pork in Good Demand at an Advance
of Half Cent.
NEW YORK STOCK MARKETS.
Stocks Irregular and Weak-Niekel
Plate Declines Money Easy.
CHICAGO.
Especial Telegram to the Globe. |


CHICAGO, Jan. 31.-The fact that Janu-
ary trades had to be settled to-day, aided
by liberal receipt of buying orders, in
duce liberal trading and higher prices on
change. The remaining shorts not already
settled with by the clique were given what
ever corn they wished, but were asked
little more for it than they were yesterday.
The closing price was made 56c. Wheat
made healthy gain, and oats recovered
again. Provisions we're also held at high
or prices and very firm. Although
there was spirited competition among
buyers, and the attendance on the
board was more than ordinarily e,thers
was no unusual excitement. Wheat was
active and decidedly stronger. Early sales
were at 4@15c advance on the closing
figures at l o'clock yester-
day, ruled active and strong
under an active order demand. and sold
steadily up 1115@1Mc over the opening
tigHres, then broke 4@15c, when themost
urgent orders were executed, but again
improved, afterwards changed slightly, and
at the close February was about &c higher
than at 1 o'clock yesterday, March 158c
higher, April 115c higher and seller May
134c higher.
During the afternoon the demand was
even better and prices were still frmer.
Six hundred thousand bushels were dis
posed of on call, February closing at 45kc
and May at 1058c higher. Winter was in
fair demand and irmer, and spring in act
i've request and higher.
Flour is still quite slow, and the feeling
in the trade one of inaction, with the ask
ing prices for nearly all grades we'll above
buyers views, and this is making it diff
cult to bring about trading, and particu-
larly for any quantity. Still stocks
are light and millers are compelled to pay
so high for the wheat that they are de-
manding an advance for the -four and not
caring to sell unless their demands are al
lowed. Rye -four slow. Buckwheat flour
dull. Bran and all mill stuffs going out
fairly and at steady prices. There was an
active demand to-day, and large specu-
lative business was transacted. The ship
ping demand was also good, and altogether
a decidedly strong feeling existed
during most of the session. The
receipts were liberal, but considerably
smaller than yesterday, and foreign ex-
ports quoted better feeling for corn to
arrive. The market opened shade frmer,
and soon thereafter commenced to
strengthen under a good demand, and only
fair offerings. Prices were advanced PIC
for January, l58c for February, 158c for
March and 1870 for May, above the clos
Ing figures on change yesterday; then
fuctuated, and finally closed at almost
the outside prices of the day. No. and
high mixed closed at t56c bid Round lots
quotably the same as January. Re-
jected active and closed at 1864
@47c. New mixed in active request The
strength manifest caused a rumor early
that the clique intended to run prices up
during the last hour and brought out lib
eral buyers, but nothing came of the re-
port. The feeling in the afternoon was
steadier with trading fairly active.
Oats were more active and decidedly
stronger, with heavy buying orders for ell
futures, and, helped by the general up
ward movement in the grain markets,
an advance was established for cash
and all deliveries. No. cash sold
at 36B637c, with the off erings light
Samples were plenty, and while going off
fairly, still the poorer grades were doing
little better than obtainabte in store to
bringing good prices for the better cars of
white. The buying of the other markets
exerted an influence. Some business was
done to settle maturing contracts but th @
short interest was small. The afternoon
trading was at better figures and the ad-
vance made during the day amounted to
5000.
Rye was stronger and for all futures a
better demand was noticed. No. 9 cash
sold at 62c, and in good request, with
samples in light supply and quoted at firm
prices. Future deliveries were in demand
and at higher prices.
Barley was doing better, and for No.
higher prices were paid, with more call in
the way of speculation, and this was Civ
ing frmer tone to the whole trade. No.
2 cash was about S5c for car lots to SAC fo r
round lots, while No. 3 was firm at SIC and
samples were doing better, being in lighter
supply.
A decidedly stronger feeling was devel-
oped in the market for hog products to-
day, and largely increased speculative
business was reported. The receipts of
hogs were not as large as generally antici-
pated, and prices were advanced material
ly, which exerted considerable influence on
the market for products and increased the
demand on behalf of parties who are on
the short side. Offerings were quite liberal.
The shipping demand was rather light.
Foreign advices were a little more favor
able, and lard was quoted Cd higher. East
ern markets were frmer and prices
more favorable to sellers. The receipts of