Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-21
CHICAGO.
Especial Telegramto the Globe. |

| Special Telegramto the Globe.
CHICAGO, Oct. 90. On change there
was nothing whatever in the commercial
situation to-day in which to bull prices,
and the bears being in the majority values
naturally assured a downward tendency.
Foreign advices were weak and u1satis-
factory. The opening in nearly all the
grains was shade higher than they closed
on the call yesterday, but these prices
were not we'll maintained.
Flour continues slow and the feeling in
the trade are of duIIness with fair call
for the fine family and bakers brands, but
shippers and exporters are kept from
operating by having light orders,
or scarcity of desirable
grades or prices low enough to
meet their views with the lower grade
stock selling more than anything else.
Rye -four dull. Buckwheat was slow.
Bran and all millstuffs were holding at
steady prices.
In wheat there was only a moderate
business and prices were tri1e unsettled,
fuctuating about &c. during the day, and
at the close November was about the same
as it closed yesterday, December about 16c
higher, May was unchanged. At the open
ing there was better feeling, and prices
advanced about 1a@58c. from the closing
figures at 1 O'Clock yesterday; but the re-
port Of failure of local commission
firm caused break in price,
declining 2l@58c, then recovered some,
changed slightly and closed steady. For
eign advices were nnfavorable. The re-
ceipts were moderate and shipments fair.
Vessels were chartered for 10000 bushels
only. The support to the market is notice
ably weak, and leading traders say tonight
that prices are likely to recede further.
Corn wus moderately active and shade
stronger, and at the close November was
about $8c better then at 1 o'clock yester-
day; year &c better and May 3$c better.
Early sales were at about 10 over yester-
days closing, but with free sellers it
fell off a trife, but improved
later and sold up about Il from the low
est figures, fuctuated slightly and closed
steady. Foreign advances were unfavor-
eble. There were numerous buying orders
for May. The receipts were large and
vessels were chartered for $4,000 bushels
only.
The oats market continues quiet, and
though there was some recovery from yes
terday's heavy break, still the feeling was
enc of depression and the business for the
day light. Nearly the entire daily ar
rivals were going to the sample market
and is doing better than can be done in
store, and particularly for the better
grades. The recent sale of oats weigh on
the market.
Rye YVES dull and lower prices
were ruling for cash and all
futures, with the feeling slow generally,
and few willing to operate outside the cash
market.
Barley was quiet and slow, and the trade
was in neglected and dull condition, with
slow sale for No. 2 at a shaded price, but
the poorer grades were dull in the sample
market, and there was less doing than
usual. No. 2 cash was slow, and but little
better in samples, while the poor and dark
grades could hardly be sold at ali.
Provisions continue to rule very dull,
and prices to-day were steady and aver
aged shade frmer, without being partic-
ularly higher. Demand light both for i'm
mediate and future delivery, while offerings
were not urgent. Receipts of hogs mod
crate. quality medium and prices steady.
Pork was very quiet and very steady
from the opening until the close under a
small demand and relatively light offerings
prices averaged shode frmer and closed
steady. Cash the same as October for
round lots, and car lots command small
premium.
Lard was dull, but averaged a shade
tirmer, especially on the the October OPP
ton, which sold up 10@15c pei 100 pounds
and closed firm; the longer options were
dull ane about 211a@5c better than yester-
day. Cash dull at October prices. 1t is
said lard is headed for Sc, but it is difficult
to induce the bears to believe it.