Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-21
CHICAGO.
Especial Telegram to the Globe. !

hardly any trades had been made. The
receipts were liberal, but are not expected
| to continue SO much later, feature that
helped the bulls. The close tonight is
! easier than on the board or call, but quite
steady at SOC bid for October. Should the
expected frost come some further advances
would follow, but the effect has been large
ly discounted. The local crowd was
surprised by the firm cables
to-day, and with threatening
weather. the buying impulse prevailed,
causing a firm, strong market. There
was some reaction when there were signs
of clear skies, but this was followed by
strong upturn toward the close. Some
leading bears turned buyers. Provisions
showed an unusual recovery from last
nights depressions. At the opening the
offerings were meager, and buyers seemed
willing to increase their bids, but Armond,
Hutchinson3 Linger and Warner filled
| each mouth as it was opened and checked
the advance. Later on the rise in wheat
and corn signalled the shorts that it was
time to cover, and prices rose log 12k on
lard and 30o on pork, closing strong
despite the packers. Armour sold 5000
| barrels of pork on the cali, but Eldridee,
who has turned buyer, and Cudahy, took
it alt
On the board wheat was very active on
speculative account, and the feeling IN
settled. Market advices were mere en-
/
quoting frmer feeling which, together
| with the sharp advance in corn, created a
| much better demand. The arrivals of
spring wheat were fair, but the receipts OF
winter wheat smaller. The market opened
1sc higher than the closing on call yestsr-
day, advanced 10 more, then declined q
q 20 and later rallied 1 l{c. This advance
brought out liberal offerings, under which
prices declined go, huctuated and closed
4@c higher than on Change yesterday.
On call there was a eager demand and
1,750,000 bushels were readily taken at
prices 1s@ 4c better than o'clock quota
tions, Nov. closing at 971so asked.
Corn was excited and active through
the day, prices ruling higher. Rainy
weather and reports of indi-
rations of colder weather influenced
operators to buying freely. Numerous
buying orders were received and shorts
were prominent buyers. Market advices
from other points also quoted a better
feeling. The receipts were fair and ship
ments liberal. The market opened 90
1c higher and advanced about 10 more,
then declined 1c under liberal offerings
but rallied this time to outside figures,
which was &c at about the outside prices
reached. No. was active and sold at
494 @501c, but after 1 o'clock closed
higher at about 5o1ac. On the call futures
dropped back 1s@14c under rather free
offerings. The close ia quiet
Cash osts, although realizing yesterdays
closing prices early in the session, ruled
weak, owing to liberal deliveries, and de-
clined, closing at about a, lower. The
deferred futures followed more after corn
and ruled quite firm. Sample lots sold
well early, but they finally became dull
and closed slow and weak. September and
year opened 1s@ &c better, but ruled weak
and declined 20, closing finally the same
to trife lower than yesterday. The de
ferred futures were 4@1zc better, and
were steady, though reacting from from
the outside. In the afternoon under good
demand 1s@4 was added to the gain.
Other grains were firm. Rye was quite
early with a moderate demand, mainly
speculative, and best for November. The
offerings were not large. Prices were not
especially changed on the board, but ap-
preciated 1sc during the afternoon.
No. 2 barley and the better grades of No.
met with very fair demand. There was
considerable trading by sample, but the
store market was quiet. At present buyers
prefer the good to the low grades of barley
and the latter may be said to rule very
dull. All badly stained and light barley
was very slow and slightly heated was
hardly saleable.
In hog products only moderate bust
ness is reported. Speculatars were not in
clined to do much trading, and shippers
favored With fes orders. Receipts of logs
were not very large, and the market was
barely supported and the reports from
foreign and domestic provision markets
gave holders Of prodast very little snsour-
agenent. Tho receipts of product we're
fair, and shipments of all kinds moder-
ately largo. At the opening the markss,
vas tIias stronger and prices sliah.iy
improved, bat soon settled hsckr ssain.
Tsward the close the market xas ssronSfer.
prices improved again and trading was
somewhat larger
Trading vas emily fairly active in the
| market Tor pork and the feeling was
somewhat unsettled aud prices irregular,
thssEh senAasd within moderate range.
Offerings we're not very large, and there
| was no particular urgency in the demand.
/ TAs market opsned little stronger and
Frisss we're 211G5e higher, bat a wssksr
feeling sooa sss IN and 9 reduction of 121<
| Q15c was submitted TO. Toward the
fzelese the market rallied 16G2Oc and
sIossd With considerable stssdinsss. The
The Shipping inquiry was ouly fair in the
way Of flling suall orders. Active de.
Aand Ayned n,iA~S Kn7i[o nr 81. ~.u