Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-30
ALL GRAINS A TRIFLE LOWER.
GIVE TRADING IN WALL STREET.
CHICAGO.
Especial Telegram to the Globe.

lSpeCldl 1elegFan 10 U1e GlODe.
CHICAGO, Aug. 29.-The day has been an
uneventful one on change. Only mod
crate business was transacted and the
fluctuations in values were only moderate,
the tendency generally being toward a
lower range. In wheat there was fair
business transacted, the offerings to sell
being larger, and at the same time there
was very good demand during most of
the session. Foreign advices quoted a
dull and heavy market, and the weather in
the west was clear and bright. The re-
ceipts were smaller. At the opening the
feeling was weaker, and prices declined
| 10 8c, but later under sharp demand
rallied 10 &c, then eased off again, and
| finally closed about go lower than yester-
dag for September, while the deferred
futures closed about the same as yester-
day, the tone then being rather weak. The
shorts took advantage of the large offer
ings from long holders and covered ex-
tensively.
Corn was quite active, chiefly on specu-
lative account, though a good shipping
| demand existed for high mixed and reject
| ed. The feeling was somewhat unsettled
and prices fuctuated frequently within
the range established. The receipts show
somewhat of falling off and the ship
ments were only moderate. The principal
feature of the corn market to-day was an
| urgent call for cash No. corn to fill
August sales. At the opening the market
was weaker, and prices 18@14c lower, later
rallied 10 per bushel, but again eased off,
followed by numerous small fluctuations,
and finally closed 1sc lower for September
and October than yesterday. Cash sales
closed 118c lower. No. 2 was in active
demand and sold at 51@51So, closing at
the inside. Some little strength was in
fused into the market at one time by large
purchases for W. T. Baker & Co., but the
tone was generally weak. Freights were
somewhat lower but the charters were
quite small. New York parties sold con-
siderable corn here, but failed to create any
sympathy in their market, it closing strong,
with good shipping margin between the
two points.
| Oats continued very firm for August,and
shorts are recovering rapidly. The furry
in this month has but little effect upon the
| further off futures. Prices remained all
within yesterdays range, ana the fuctua-
tions were slight. August touched 29bc
and closed at 29c. Sample lots were held
firm but buyers were somewhat slow to
respond.
Rye again declined 4@15c as compared
with yesterday. There were large cash
offerings and moderate speculative offer
ings. The demand was rather meagre, the
shipping demand in particular being
| limited.
| Provisions averaged somewhat lower
than on yesterday. There was no decided
weakness, but business failed to show more
than moderate degree of activity, and as
the offerings were generally fair the bear
side seemed to be regarded with the great
est favor. AS on yesterday, considerable
property bought for September dealing
was changed over into October. In the
trading pork attracted more than its Gus
tomary share of attention. Outside orders,
both legitimate and speculative, were
again quite moderate. Pork and lard
closed at yesterdays prices, and short rib
sides 215c easier.
| Pork claimed considerable attention. In
the different deliveries after this month,
but more particularly in October and
January, the trading was quite fair, and
while prices ranged during the day 5000
lower than yesterday, the closings failed
to indicate any material change. Toward
the close the failing in fact was compare
lively istrong, especially in the extended
deliveries. Cash pork was held at Sep
TENDER prices, and closed at $11.9215@12,
according to quality.
Lard averaged during the day about SO
715c under yesterday, but ruled quite
strong late in the session, and closed at
yesterdays prices. The fluctuations ex-
perienced were limited to 715c on the
futures principally traded in. The trading
was little slow, and only aggregated
moderate volume. October was the
favorite month with traders. Cash lard
was held at the ruling prices for Septem
Der, closing at $8.35@8.3715.
| The amendments to the rules of the
board of trade which provided among
other things that members cannot trade
for bucket shops, that all actual delivery
of property shall be contemplated on all
contracts for future delivery, and that the
| board shall gather and distribute
its OWE market reports, were voted on to
day, and were adopted by a majority of
| four to one.
At the stock yards the market was very
slow to open. The fact that the receipts
were rather light induced a pretty firm
feeling among holders, and further small
advance was generally asked for. This
| had the effect to check trading, as buyers
were of the opinion that the advance of
| 10000 established on the preceding days
of the week was all that the surroundings
of the market would warrant. Toward the
middle of the forenoon fair activity was
developed at about steady prices for ship
ping grades. Texans were in exceedingly
small supply, and under good demand
from Gamers and dressed beef shippers,
sold materially higher, some sales showing
on odvopoa Of 10n1So Nofiva hutobare