Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-02-14
AN UPWARD TENDENCY
DISPLAYED IN THE GRlTV M4RKETS
YESTERDAY.
Wheat and Corn Score Decided Advance
Under a Good COnsumptive and Specula--
tive Demand Provisions StrOng-Thes
Stock Market Bearish and Inactive.
CHICAGO.
Especial Telegram to the Globe ]

was noted in matters on 'cnange to-day.
The business transacted was greater than
for several days past. The number of
outside orders received was much in
creased and a larger proportion were buy
ing orders. This induced movement
among speculative traders toward cover
ing their short sales. Prices were ad-
vanced materially but were not fully sus-
tanned to tie close.
On the board wheat was more active and
stronger most of the session, and at the
close February was bout &c higher than
at 1 o'clock yesterday, March re
higher, April about 78c higher
and May 15c higher. The opening sales
were at about the closing figures at To-
o'clock yesterday ruled firm and gradually
advanced q C on March and april and ne
on May, afterwards weakened and fell off
38c, improved some, then fuctuated within
narrow range and closed as above noted.
The frmness was due to a quite liberal
line of country buying orders, and an i'm
proved local inquiry, and the short de-
mand. On call prices were 18@$Sc higher
and there was an active inquiry-750,O00
bushels for May delivery sold on call at
112B@1134c, closing at the outsidefgure
making the net improvement of the day
| M@1Hc. Winter was in fair request and
firm, with little offered. Little was doing
in spring, but prices were nominally high
er.
The -four market was quiet and trading
| light; still, with firm prices quotable, all
lots we're strongly held and off the market
unless the views of the holders could be re-
allied. The better family brands were in
| light supply and going off fairly,
while the shipping grades were not
moving very free, in being
held above the views of buyers. Rye and
buckwheat flours were slow. Bran and all
mill stuffs were in light supply and hold
ing at firm prices. Exporters in some in
stances are showing a willingness to
| slightly advance former bids.
| There was more activity and a stronger
feeling in the corn market, both cash and
all futures, and at the close cash No. 3 was
about 10 higher than at 1 o'clock yester-
day, March &c higher and May I@38c
higher. The first trading was nearly the
closing figures at 1 o'clock yesterday, be-
came firm soon after, and sold up &c on
March from the opening and 15c on May,
afterwards fell about 15c, then changed
slightly, and closed firm at the improve
ment from yesterday above noted. The
receipts we're heavy, being about $50 cars,
but there was quite an increase in the
speculative demand both on local and
country account. Rejected ranged at
84@4915c, according to location. The
lowest price was in the Iowa elevator
| where it was hard to sell. No sales of new
high mixed. Sample corn differed
widely in price, as will
be seen from the records of
sales, some being quite damp and going
low, while dry corn met with ready sale
at satisfactory prices. The supply was
liberal and the demand good. Owing to
large offerings buyers Disseminated more
than usual against inferior grades. In the
afternoon prices were again trife higher,
February closing at SEC and May at $50
5918c. Oats were more active and strong
er, with the sales in cash entirely i'll the
sample market, but with speculative buy
ing orders liberal and, helped by
an appreciation was obtained.
for all options. No. 2 cash was about
$3.50 &c with five cars on sale. Sample
lots were going out quite fairly, still, with
liberal offerings easier prices had to be
accepted to find ready sale, and only the
better cars of white brought high price.
Buyers generally looked to the sample
market for what lots they wanted. The
market quoted during the closing hours,
but prices held steady.
Rye was quiet. Prices were
not materially changed. The arrivals
were larger, but share of the
consignments were either delivered on
sales to arrive or held against contracts,
and the offerings were not materially in
creased. Sample lots little slow. There
was light demand for May, but no in
quiry in particular for other deliveries.
Barley was dull. Sample lots were slow
and easy, and on the regular market there
was absolutely nothing doing.
better feeling was manifested in the
market for hog products, and prices ruled
higher, but trading not particularly active.
Spectators were not inclined to trade
to any extent, and shippers were
favored with only few or ers.
Foreign advices indicated no material
change and the Eastern markets ruled
comparatively steady. The receipts of
product were fair, and the shipments quite
nOeral. Inc OHerlngS OF mess pOrK were
moderate, and the demand fairly active.
Prices ruled irmer, and were advanced
15@2ec, and closed comparatively steady.
The demand for lard was moderately &C
tive, and the offerings were quite liberal.
Prices were frmer, and we're advanced
10@1215c per 100 pounds, and closed
steady. Cash in fair demand and steady
Board prices held steady during the after
arrived to-day. The feeling was firm, and
the demand good. Prices were steady
and unchanged.