Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-11
DULL and SPIRITLESS.
Little Of Interest in the Chicago Mar
kets Yesterday.
ALL GRAINS SOMEWHAT LOWER.
Active Offerings, but Little Demand
from Purchasers.
PROVISIONS WELL SUSTAINED.
The Future Of the Market Question of
Great Local Interest.
IL GRAINS SOMEWHAT LOWER.
PROVISIONS WELL SUSTAINED,
Especial Telegram to the Globe

III I'll the markets.. Nnea6 again weakened,
the demand not being equal to the supply
and everybody seemingly afraid that
large quantity of long stuff would be
thrown out at any moment, rumors of an
unloading by the large holders being cur
rent and obtaining credence. Corn was
doing better. The receipts for the week
were 1,688,O00 bushels against 274,OOO
bushels for the corresponding week last
year. The speculative demand was good.
but almost exclusively on local account,
and prices during the whole of the session
were confined to very narrow range,
closing at about the inside prices for all
of the options except July, which was
steadier. Oats were quiet and steady, the
demand and offerings both being light, the
receipts were also large, and for the week
they were larger than for any correspond
ing time on record. Rye and barley weak.
Pork opened shade higher,
bat there was little disposition to either
buy or sell, and the market was very quiet,
and closed at about the last sales on yes
terday's call, and the market stupid and
dull. Lard advanced sc per 100 pounds,
but trading was moderate. Short rib sides
were shade higher at the opening, but
closed about the same as yesterday
In the wheat pit fair aggregate specu-
lative business was transacted, although at
times the market ruled very quiet. Fluc-
tuations in prices were confined within a
range of &c, and finally closed about 38c
lower than on change yesterday. The re-
ceipts were moderate, and foreign market
advices indicative of a dull feeling. The
decline was attributed to pretty free
speculative offerings. Reports of stormy
weather in the Northwest did not appear
to have any but temporary effect on this
market, being overcome by the rumors be-
fore referred to, following heavy offerings
by prominent long operator. Spriug
wheat was il fair request and rather firmer.
Winter was quiet, with but little offered.
The -four trade is unchanged.
In the corn pit there was a moderate
business transacted and fluctuations OF
prices were confined within small range.
The receipts we're smaller, and there was
less pressure on the part of speculative
operators to realize. 4 good shipping do
mand also existed. These influences, to-
gether with reports of stormy weather in
the Northwest, had tendency to sustain
prices. Foreign advices were of an un-
favorable tenor. Prices fuctuated within
about 15c, and finally closed 3sc better for
March and April, 1ac lower for May than
closing figures on change yesterday. No. ?
opd biob poivad raoaiD+c do+ad Morob ond
since closed at about SOC. Receipts dated
Feb. 20 to March inclusive, quotably 15c
less. Round lots of regular quotably same
as March. Rejected in fair demand. New
mixed in good demand and prices very ir-
regular, depending on location. The lib
eral demand for April by some heavy
spectators who took all that was offered
led to a good deal of uneasiness on the
part of ths shorts who bought freely.
On the board oats were more quiet and
trading light, with prices somewhat better
early in the day, but dropping back later
and at the close was slightly below yester-
day. The cash offerings were mainly on
the sample market, and doing better than
the prices named for cash in store. No. .
cash was fair sale for fresh receipts at 42c.
Samples were going out rather slow, still
| quite good many cars were wanted and
| about all on sale were taken at good
prices.
Rye was going slow and ruling some
what below yesterday, with fair cali for
cash, but with speculation neglected. No.
2 cash sold at 64lfc for car lots fresh to
about CSC for regular. Sample lots were
going slow.
| Barley continues dull and holders of the
cash property were finding it extremely
difficult to bring about sales, and were
compelled to accept low range when do
ing so, with home and buying slow and
speculation lifeless. No. 2 cash not men
toned, while No. 8 was dull at sic for
fresh receipts and sample lots slow, with
the better cars going off fairly, but the
poor has to be placed in store as unsal-
able on the track.
Trading in hog products was
comparatively light to-day. The market
ruled nrmer and prices averaged higher
on all the leading articles. Spectators
both local and outside, were backward
about trading, and shippers were favored
with very few orders. Foreign advicei
showed q little stronger feeling in thai
quarter, and lard and bacon were quoted
366d higher. Eastern markets were stead
Ter. The receipts of product were meder
ate, and the shipments quite liberal.
The offerings of mess pork were moder
ate and the demand was comparativel,
, light. Prices ruled frmer and were
advanced 5671ac and closed steady. Casl
In fair demand in a small way and steady
March in fair request.
The inquiry for lard was moderate, ant
, the offerings were fair. Prices were ad
I vanced 211595c per 100 pounds and close
. steady.
What is the probable course of prices o
r hog product? is now question sgitstin
the minds of a great many people. Il
an enigma that large number would lik
to have solved. There are those who ar
firm believers that product will rule higher
and then again there are those who believ
present values are higher than circun