Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-22
The Wheat Deal Somewhat Disturbed
by Conflicting Rum0rs.
PROVISIONS IN GOOD REQUEST.
The Willard Shares Still the Absorbing
Feature of Wall Street.
ADVANTAGE OF THURSDAY LOST.
Some Speculations as to the Future
Course Of the Market.
CHICAGO.
Especial Telegram to .he Globe. I

|
have been excited and higher on accouu
of the change of weather to colder as pre-
dicted by the signal service yesterday, ant
| frost is looked for tonight. Early there
was some weakness owing to false report:
of higher temperature in the northwest
but when this was disproved the shorts be-
gan buying again and the result was an
appreciation of ~ over last nights close
Although the effect of the expected freezs
has been largely discounted, yet should il
occur prices might appreciate very rapidly
for time, even if the spirit were not
maintained. Rocsipts we're liberal to-day
and charters fair. Wheat was governed
to day largely by local operators. It's
strength was gained mostly from sympa-
thy with the tendency iu wheat early
IN the morning. Adams bought a big
line of shorts. When his brokers were
Withdrawn there was period of easiness.
Then Crosby. and others absorbed the of
ferings and the closing was steady and
firm. The movement of oats is increasing.
The market held its own. Vessels were
chartered to-day to move 100000 bushels.
The volume of trading in provisions was
light, and aside from nervousness regard
ing frost there was nothing to agitate the
market or cause any advance. The Ell
dredge people, who are on the bull side of
corn, were buying pork very earnestly,
and paid outside prices, but their effort
only produced a temporary squirt and at
the close prices showed only slight vari-
alton from last evening.
Before the adjournment of the board of
trade this morning, Secretary Randolph
announced in forcible terms that some
one in the floor early in the day had mutil-
ated the signal service weather report
Alterations were made in the figures and
statements of the report so as to give a
contrary meaning to the one originally in
tended. Before the deception was discov-
cred a perceptible decline in corn took
place, number losing thereby. 1t is sup
posed some unprincipled specula!or COM
mitted the mischievous act in order to fur
ther his own interests. 1t is not unlikely
to investigate the matter and punish the
scheming member, if he can be found
with expulsion. The affair caused more
than ripple Of Indignation among board
of Il a e men.
On the board tbs wheat market was &C.
tive and prices higher. Speculative
operators manifested more desire to buy
The receipts were fair AMI foreign aavicas
quoted steady feeling, while home
markets we're all quoted higher. The
market opened shade higher, ruled steady
for 2 while, and then eesed OF 15c, but
later advanced 1c, rulsd easier, ala finally
closed about 18@ &c higher than yeste1-
day. On the call the offerings were large
and prices Irregular within small range,
but closed with no particular change
from 10 o'clock figures, though 100000
bushels were sold.
Corn was active, unsettled and higher,
Influenced mainly by colder weather
and reports which indicate frost tonight.
Spectators bought freely and shippers
bought quite actively. Market advices
from abroad quote steady feeling and
home markets were reported higher. The
market opened stronger, and after some
fluctuations prices were advanced 4@1c
above closing prices on call yesterday
afternoon, then eased off ~ @ 1c, huctuated,
and finally closed 1sc higher than on
change yesterday. There was no par
ticular change on the call. Prices were
generally just shade easier, but the close,
though not far from the board closing yes
terday, is much better than on the curb
late yesterday afternoon.
Oats were firm. There was fair ship
ping demand and with higher receipts.
The cash offerings were not as heavy as
they have been. The specu-
lative market was steady and at present
prices there does not seem to be
much desire to sell. Cash and year vats
which were SO weak yesterday somewhat
improved to-day and the market slightly
better all around.
Rye gained &c for cash and 1a@24c for
futures on the board and as much more On
call. There were several good shipping
orders, and round lots Of cash sold were re-
placed by taking futures, making the de-
mand good all round.
Tie in-store market for barley was neg
lected to-day, partially because there
were no offerings. Former prices were
obtainable. The best grades were in good
demand and irm. The demand, however
continues for good barley and low grades
remain dull.
A fair business is reported in the mar
ket, for hog product, but largely on spec
ulative account. The shipping demand
was fair, but trading was chiefly in quiet
way. Foreign. advices Indicate a dull
aud easy feeling in that quarter, while the
eastern markets exhibited considerable
strength. Receipts of product were fair
and shipping of all description quite lib
eral and widely distributed. The receipts
of hogs were larger than generally antici-
pated, and prices ruled easy. The mar
kes for produce opened little stronger,
but shortly thereafter slight reductions in