Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-05
SOME ANIMATION IN WALL STREET
Good Rise in Northern Pacific-Cen-
tralPaciic in Demand.
CHICAGO.
Lspecial Telegram to the Globe.l

hindered by the stoppage of telegraphic
communication; hence the demand slack
ened before the close of the day, and pric-
es receded somewhat. During the open
ing hours they ruled stronger higher, and
all grains ended the day with yesterday af-
ternoon's weakness wiped out and slightly
above the price current at the close of the
regular board trading. Provisions opened
weak, but gained strength later.
In the wheat pit, there was but limited
business, the cutting Of all the telegraph
wires except Western Union disengaging
communication with outside points, caus-
ing delay in orders from outside parties.
Early sales were at 80 decline from the
closing at 1 o'clock yesterday afternoon and
! early the same as it closed on call yester-
! day afternoon, became firm and gradually
improved Deceased off some, then fucuated,
though the whole change of the day was
| only re, and at the close March was the
same as at 1 o'clock yesterday, April 18c
higher and May about &c higher. The
receipts were moderate and advices from
other points indicated an easier feeling.
Winter and spring were in moderate re-
quest and steady.
Flour continues slow, and the feeling in
the market was one of dizziness, with little
home call and no great outside orders, and
trading was next to nothing for the day.
Dealers are holding quite firm and above
buyers views, and particularly for the ex-
port stock that constitutes the bulk of
supply. Rye and buckwheat flour were
quite slow. Bran and milIstuffs were in
good request and holding at firm prices.
Corn was rather quiet, there being
scarcely any business except in May.
Early in the session prices
were about &c below the
closing figures on Change yesterday, but
ruled rather firm, gradually selling up &c
from the lowest point, but then weakened
and declined about &c, afterwards
fuctuated within a narrow range, and at
the close March was &c higher than it
closed at 1 o'clock yesterday, April about
80 higher, and May $8c higher. Car lots
of gilt edge No. 2 sold at 594@5819c.
Rejected was dull and weak. New mixed
also extremely dull. The prices OF re-
iected and new mixed we're governed large
ly by location. Trading was chiefly of a
speculative nature, with light shipping de-
mand for the lower grades. The receipts
were fair Other points reported an easier
feeling.
In cats an Improvement was again wit
messed in the speculative market. Sellers of
future delivery were in light attendance.
and the offerings have been light for a
few days. There was a fair demand to
some extent to provide for outstanding
contracts. The cash in store market was
rather quiet. There were only moderate
offerings. Car lots of No. 2 sold at 1870
which was &c advance. Sample lots were
rather quiet. The advance of the last day
Or W has materially affected the shipping
demand, and the usual buyers were taking
only what they were required to have. The
feeling early was easier, but improved
under pressure. Outside buying orders
were lighter, and there was a disposition 10
sell the market down, but the parties hav-
ing the deal bid prices up and helped by
the better corn market, a steadier tone
was noticea5lo for the latter part of the
day.
An improvement was noted in
rye. The market was quiet
but cash sold higher and a
slight advance was paid for the longer
futures. Sales were next to nothing.
Barley continues dull and ~lifeless, with
no speculative market and little doing in
samples.
/ The market for hog products opened
rather weak and prices ruled easier On all
the leading descriptions, while the offering;
: were liberal. Later, however, the market
9 exhibited more strength and the demand
was more active, especially on speculative
account, accompanied with a moderate ad-
: vance in prices. Shipping demand fair
@ Foreign and Eastern advices show no ma
e terial change. The receipts of produc
. were fair and the shipment of all kinds
liberal.
. The inquiry for mess pork was fairl!
active, and the offerings not very larg'
Prices ruled 21I@5c lower early
but rallied 12T@15c and closed
steady at an advance of 1O@12Rc. Casl
L was in fair demand, but the trading wa
mainly in the May future. The offering
of lard were quite free, and the demand
" fairly active. Prices ruled 5@7Tc lowel
: per 100 pounds, early in the day, but raj
= lied again 1O@12Hc per 100 pounds ane
closed steady; cash quite.
But 1000 hogs were received to-day
S Good grades were active to the extent o
the supply, and frmer. Common grades
dull and lower. The inside price paid wa
$3.50; the outside $7.75. Packing opera
tons at the stock yards have progressed
quite favorably the past week, especial.
when compared with the corresponding
. week last year. The majority of houses
are closed or running only systematically.
killing one day and cutting out the next
n The manufacture was, at most, entirely
9 of meats. The season for the manufac
ture of regular mess pork is closed, but
some of the light descriptions are being
g produced, there being a moderate inquir!
for prime mess and extra prime. The lart
yield is an average.
A fair degree of activity was noticeable
~ +ba -arkat for hoo nrOdEctS durjnC tn