Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-02-04
Trading Moderately Active, With Light
Shipping Demand.
HE DAY IN WALL STREET.
A Little Panic, Slight Decline and Con-
siderable Trading.
CHICAGO.
Especial Telegram to the Globe. |

markets opened fairly active in a ,specula-
tive way and higher, but later became
weaker and lower, with the advance nearly
lost owing to q scarcity of orders on ac-
count Of ths Geographic wires being down.
A boom had been expected, but both wheat
and corn now are dependent on the legiti-
mate demand to sustain prices, and a
dearth Of outside orders makes dull bust
ness. As compared with the closing prices
on the board yesterday, to-day's final quo
tatious are in most cases a trife better,
but the greater part of the advance made
yesterday afternoon was lost. The longer
futures of corn are lower than on yester-
day. Provisions sympathized with cereals,
although the great packing firms are still
buying and are believed to have agreed on
higher prices for products. The various
pits on the board were sparingly filed to-
day on account of the above cause, and the
bidding was rather spiritless. Brokers
soon filed their orders, and took less in
terest than usual in the after proceedings.
The corn exchange, generally filed with
q surging, excited multitude, was
especially tranquil and attracted scarcely
more operators than the provision pit.
The Oppressive effect the storms are hav-
ing with telegraph communication was
quite evident in the wheat crowd, where
there was only a moderate business. The
market opened firm and sold somewhat
higher than the call prices yesterday, but
there were few sellers at the advance, and
with few buying orders received, prices
eventually weakened and March fell 1 118c
from the highest point, and May 1118c, then
reacted a trihe, afterwards fuctuated
within narrow range, and at the close
February was about lc higher than at 1
O'Clock yesterday, March 15c higher, and
May 15c higher. Winter and spring were
in moderate request and were quoted
higher.
Flour, as for some time past, was quiet
and trading light,millers holding for high
er prices, and this was preventative of
business. The home trade were bidding
well up for the fairer family and bakers
brands, and were finding very little stock
to work from, while exporters were looking
about, but finding few desirable lots
that can be had within their limits. Rye
- 80 10
Corn W. rather unsettled, but at the
oi0oo T"'i- W 1'l' "II' 'lio 0IHlo % az
Ji|'r r'''-U"y' ~ ---"l'n Z8o lo"o-'
vance on the call board yesterday after
noon over 5le morning February and
Marcn oieI91 nearly lc hlgner IMAM II
closed at / CLOCK yesterday, ana May 12c
hlgher, rdlea arm Tor a time, but then be-
came We2A nd February and March
again FeI lrregularly about
l18c from lie highest point, reacted trl-
he' but closed steady May declined 18c
from the highest point aud closed quiet.
Commlss'on merchants had few advices
from their customers and trade has conse-
quently been restricted IN volume. At the
advance good deal Of corn was thrown
on the market which broke as above re-
ported, very 1e" buying orders having been
received. -Ae receipts we're very light and
market adFlces were favorable to holders
Rejected ana new mixed were both IN good
ASt 4N1' ~"@-N- 49, ~ AANOAO A5
was done during the last hour of the ses-
sion.
Oats we're active and stronger early in
the day, 10 breaking back later, with the
market lo-lo"ils CLOSELY a11er corn ana
wheat. lS was dliAealt TO get outside quo
tatlons or adyioes from customers. No.2
cash sold early at 3724c, but this price
could hardly be obtained later. Samples
were selling at about previous prices, with
the better cars OF white most sought for.
future deliveries were excited and stronger
at tne opening cropping later and neg
Iee5eo TOT me i"e'er part OF the session.
Inc sno" olocAa0e mas nearly stopped re-
celPtS, Ou' -.ln0''eh cars oelng inspected
IN to-day Ih9 scarc''y OF sample lots re-
strlcteo tF'olns'
hye was IN "ela''iu anu SOFA Detter for