Daily globe., 1883-06-15
WHEAT AND CORN SOME HIGHER.
A More Active Demand for all Cereals
on Speculative Account.
PROvIsIONs,FIRMER THAN USUAL.
An Active Speculation in Stocks on the
New York Exchange.
CHICAGO.

reactions near the close that wiped out
most of the advantage. Business was dull
there being not much doing in wheat, al
though the strong demand for cash corn
for shipment east induced good trading in
that market. There was very little change
in the situation in any of the markets, and
no excitement either on the bull or bear
side. The visible supply of wheat increas-
ed 100000 bushels last week; corn in
creased $4,000, and oats $4,000 bushels
according to the statement issued to-day.
No very great purchases of wheat were
made to-day, the houses which have lately
been liberal buyers not being so promi-
nent to-day. On the board a rather quiet
feeling prevailed in this market. Not
many outside orders were received and
trading was chiefly on local account. With
al, however. rather firm feeling existed.
Offerings were not large, and operators
rather disposed to await developments.
Receipts were larger and the weather
warmer and pleasanter. The market
opened a 35c lower than the closing fig
ures on call yesterday, ruled steady, and
then eased off about &c additional, then
ruled stronger under a fair demand
and only moderate offerings,
and prices were advanced 586Ic,
fuctuated and finally closed about 10
higher than yesterday. This slight advan-
tage was lost on call, when the feeling was
weak and easier. Only trife over one
half million bushels were sold on call.
Receipts were quite liberal, some 123 cars,
the shipments amounted to 55,232 bushels.
There was the same old story in the
flour trade. Hardly anything was done or
could be done under this head, and the
feeling in the market was one of particu-
lar dullness, with dealers having light
stocks and generally holding firm,
but with buyers scarce for any grade or
quality, and shippers report prices well
| above anything they can pay.
In corn the aggregate trading was fair,
| although during most of the day the
market ruled very quiet, Shippers
bought quite freely and there was also a
fair speculative demand. The feeling de-
Yeloped was steady and firm, Influenced
by shorts covering and no very pressing
desire to realize. The receiptr were fair
but not as large as during the previous
days of the week, and further decrease
in arrivals is anticipated. Prices fluctu-
atel within range Of 38@ SC and closed
about tie same to 18c better than on
change yesterday, but in the afternoon
values were 1894c weaker. Less than
half million bushels we're sold on call.
The inspections by rail we're 437 cars and
by canal $500 bushels, and the shipments
were 426,134 bushels and the charters
100000 bushels more.
For oats there was very steady mar
ket. No. ? oats cash we're in fair demand
and ruled trifle higher. The offerings
of cash all round were smaller, for there
was quite liberal decrease in arrivals
An improvement was also noted in the
speculative market, but trading was of rath-
er quiet order. The shipping demand
was somewhat reduced, but with decreased
receipts. There were no surplus offerings,
and on the sample market a steady feel
ing prevailed. For future deliveries there
was a steady firm market with trading
comparatively light; still prices were &
| a $50 better. The inspections were 12C
cars, and the shipments 15S,O21 bushels.
Ryewas quiet and tame, and there was
no essential change. The offerings and
! demand were both only moderate, and the
demand purely on speculative account
No. , cash sold at Gle, though at the close
there were still a few cars unsald, and
buyers had Withdrawn. Sample lots quiet
! For future deliveries there were but few
orders of any kind on the market Very
few sales were made, and a quiet. dull
market was quotable, with prices IN.
! changed.
Receipts of barley have become very
small, so that no barley of consequence was
offered for sale. There has also been a
similar decrease in demand, so that little
barley was wanted. The market was dull
and so exceedingly quiet as to be about
nominal.
| A fair business was reported in the mar
ket for hog products, but trading was not
so active as during previous days of the
week. The feeling was frmer in general
way, and prices averaged higher, though
outside figures were not fully maintained
to the close. The shipping demand was
rather light. Foreign advices continued
unfavorable, but eastern markets were
steadier. Receipts of product were fair
and shipments moderate. The offerings of
mess pork were fair, and the demand
moderately active. Prices ruled firmer,
and 5910c higher, and closed steady. The
inquiry for lard was fairly active, and
offerings were free. Prices ruled frmer,
and were advanced 5@1Oc per 100 pounds
and closed comparatively steady at medium
figures. Pork ruled steady and quiet du,-
ing the afternoon, but lard was a trifie
easier, losing its early advantage. Re-
ceipts of hogs were again large,aggregating
$4,000 head, and prices were forced down
about sc in consequence. The market was
fairly active at the reduction.
NEW YORK.