Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-16
4 Little Excitement in the Provision
Market but Small Dealings.
THE DAY OF THE STOCK BROKERS.
The Most Active Shares the Northern
Pacific and Oregon.
CHICAGO.
Especial Telegram to the Globe.

4
weather would cause further shrinkage
Although the charters were liberal and tht
shipping inquiry quite fair, the pressure
to sell the futures carried cash down witt
it, The weakness yesterday continued
and had not the shorts bought freely the
market would have suffered much great
er decline. There was no encourage
ment to be gotten out of advices, and
| buyers, excepting those covering shorts
were entirely out of the market. Ira
Holmes bought in 100000 bushels short
stuff aid there were several other large
lines covered. Provisions have shown
nothing but decline, without respect
able reaction during the session and the
close is tame. The packers were all sell
ing. Eldridge and his following were
raiding, land. Armour let go of 5000 of Octo-
Der lard. the only pluck. shown on the
buying side was by Warren, who bought
pork and lard, resold some pork and
bought moro lard. New York
was seller of both pork and lard. Heavy
receipts of hogs are looked for next week
Wheat AMI corn are 1A@115c lower than
yesterday, pork 40c and lard 15c. The
close in ell markets is weak and slumpy
and if the present weather continues lower
prices may be looked for Monday. There
is, however, a large shortage out, and cold
rainy weather would turn the course OF
values at once. Hence it is we'll to move
with caution.
The receipts of grain showed some in
crease, 863 cars and 61,500 bushels of
corn; 369 cars of wheat and $50 cars of
oats being expected in, to 108,1O7 bushels
of wheat, 342,639 bushels of corn and 2O6,-
704 oats shipped. The charters were for
365,000 bushels of corn.
The report of the committee of east
bound traffic shows the rail shipments
during the week have been 1888 tons of
-four, $3.50 tons OF grain and 1862 tons
of provisions.
During the session Of the regular board
the corn market was active, chiefly on
speculative account, with moderate de-
mand from shippers. Continued warm
weather, liberal receipts and reported
weakness in other markets again brought
out free sellers and prices declined 1@1Ic
below the closing figures of yesterday and
ended the day at inside figures.
Wheat had very little support. A weak
feeling again pervaded the market and
prices we're lower all round. The receipts
continued quite free, which, in connection
with lower markets at home and abroad.
influenced en- increased desire to sell, and
offerings again exceeded the demand. Ship
per5 in the local market reduced their bids
81 for winter wheat, and this affected
the market somewhat. The market opened
M@Ic lower and quickly receded, declin-
Ing subsequently with some fuctuation
1870 below the closing figures yesterday,
and closed about lnsideI figures.
Oats were dull.
In corn the feeling was easy and prices
declined 4@Ac from Yesterdays closing,
and exhibited little strength even at the
inside. The demand from shippers and
the local trade was rather slack, and sam
pie lots were quite dull, with concessions
and ruled down, with liberal offerings of
cash and few buyers, which brought about
a reduction OF lie per bushel. Speculation
was lifeless.
Barley was very dull. The offerings of
No. 2, especially on speculative account,
were larger, and there was 15@1c decline
in prices. Sample lots of this grade were
also weaker. No. barley was dull and
easier. In store No. 8 salable at 44c, but
most consignments were held on
track with view of doing better. These
sample offerings met with only moder-
ate demand. Bids were reduced with buy
ers turning from the market if their bids
were not accepted.
An unsettled and weak feeling prevailed
in the hog products during the greater
portion of the session on Change, and a
material decline in prices was established.
The offerings were rather free, especially
for the more deferred deliveries. The re-
ceipts for hogs were liberal and prices
were lower, and the advices from both
foreign and domestic provision markets
were rather discouraging. The shipping
demand was moderate. The receipts
of products were fair, and shipmentsIquit
liberal of all kinds. The trading in the
| market for mess pork was quite active
especially in the longer deliveries. The
offerings were liberal and the inquiry
quite active. The market opened rather
steady at 1O@1315c decline and temporar
| lily improved 21a@5c. Later decidedly
weaker feeling was manifested, and re-
duction of 20@3Oc was submitted to. The
| shipping demand was moderate in the way
of filling small orders. Trading was fairly
| active in the lard market, but almost ex
clusively on speculative account. The offer
ings were liberal and the demand active
Prices ruled somewhat irregular and de-
| clined i0@15c per 100 pounds on the
whole range, and closed comparatively
steady. The shipping demand was fair ir
a quiet way.
At the stock yards the receipts of cattle
were light, and under moderately active
inquiry for COWS, stock steers, feeders and
Texas and Kansas steers, the market ruled
steady at about yesterdays figures fol
only few lots. There was weak and I'M
satisfactory market for pigs, and prices
declined 10@15c per 100 pounds on yester
days figures. Shippers were the principa
L n