Daily globe., 1883-07-28
Business Almost at Stand-still on the
Chicago Board.
ALL THE MARKETS DEPRESSED.
No Demand From Outsiders and Busi-
ness Confined to the Scalpers.
A LIKE DULL DAY ON WALL ST.
SpeculatiOns by the Knowing Ones as
to the Future Course of Stocks.
CHICAGO.
Especial Telegram to the Globel

CHICAGO, July N-Buslness was very
quiet on Change to-day. The telegraph
facilities showed a slight improvement,
there being few more operators on duty,
but the service was no better, the storm in
terfering with the working of the wires.
Few outside orders were received, and the
trading was largely between scalping brok-
ers. The order of yesterday was repeated
to-day, wheat being stronger and higher,
corn not SO firm, oats lower, and provis-
ions without particular change.
There was very little doing in the wheat
pit. Operators we're in fair attendance,
but there was less disposition than usual
to take hold, and on both local and outside
account the business transacted was small
er than on any of the former days of the
week. The feeling. however, was quite
steady. The unsettled weather tend
ed to sustain prices, and the fuctua-
tions of the day were limited to
the small range of 5s@Mc. The closing
averaged I@15c higher than yesterdays
last figures. For time there was some
uneasiness, owing to the increased receipts
at winter wheat points, but a decline of
12c brought out some good buying for
August and September, and caused re-
covery. August closed the day at $1.O2M,
September is at a premium of &c, and
October of &c over August.
The corn pit was not the scene of much
life. Business was only moderately active
in this cereal. Cash met with a fair in
quiry, mainly from shippers, but in the
way of speculation the trading was smaller
than usual. The outside interest mani
tested in the market was comparatively
limited, and the telegraph orders received
were smaller than on any day since Satur-
day, when business was seriously embar-
rassed by the telegraphers' strike. Prices
were weaker, with moderate fluctuations
and at an easier range than yesterday.
The days decline was confed to 1a@ &c.
July closed at $3.50, and August at
51cM. Reports of corn being posted in
New York served to give the bears some
little chance to pound prices the latter
part of the session, which they improved,
and on the curb after the close on change
there was very weak feeling and offers to
sell were free at 5115.
An effort is being made to force off the
stock of cash oats before the month is
over. Hence cash and July broke heavily
The demand was exceedingly limited, and
the situation suggested that outstanding
contracts were we'll provided for. The de
cline amounted to 2@2Ic as compared
with yesterdays closing. For the de-
ferred deliveries the market was only
slightly easier. The shipping demand was
fair. Sample lots were steady early, but
early, but for only a mere nominal quantity,
for the market was soon at 32c and closed
at 311ac. August and September were
about Il lower, and the longer futures
not materially changed.
Rye was steady early, but closed rather
| easier, in sympathy with the easiness else
where. Cash sales were at former prices.
| 4 firm market is quotable for new n O.
, barley fer September delivery, and this
| is about all that is quotable in the market
4 sale was made at 761ac.
In provisions business has been notably
dull; so that much os the time the pit ha:
heen deserted and operators were at rest
! The telegraph service YVES simply abomi-
nabie, and few dispatches were sent OF
received, 50 that whatever orders there
| were intended for our market at outside
points generally failed to get here. Spec
ulators appeared to be less anxious tc
trade, and the shipping orders we're not
1 4
cradle more steadiness throughout the range
than for several days past. There appeared
to be no particular pressure to sell anC
very little anxiety to purchase. The
receipts of product were small and
the shipments large of lard and
meat. Foreign advices were
not quite 50 favorable. Lard was quoted
Cd lover, while short clear sides were Is
| higher. Tha eastern markets showed nc
material change. The receipts of hogs
were liberal, but prices were higher, which
exerted some influence on the market for
product.
I Only a moderate business was reported
in the market for mess pork, and the bulk
of the trading was credited to local opera
tors. The offerings were not so large to
Gay, while buyers appeared to be less anx-
ious to take hold. The shorts were less
anxious to purchase, and trading wa:
mainly in the offered futures. Tn;
market exhibited considerable steadiness
and prices were confined within narro wei
limits than during the previous day, and
the closing figures show an improvement
of 211a @5c over those of yesterday. The
shipping demand was moderately active
in small way.
There was a moderate business transact
ed in the lard market, and comparative
ly steady feeling prevailed. Local opera
tors were inclined to do fair business
but the orders from outside parties wer,
light. Prices were confined within I
smaller range than usual, and, show Lit
tie improvement on the closing figures o
yesterday. The shipping demand was
moderate in a quiet way. Fowler ha
been something of bear for two days il
lard, but only il moderate way, and dis
patches from New York state that sine
June 25 the exports from all seaboarC