Daily globe., 1883-08-13
AGAIN SOME WEAKER
THE BULLS BADLY DEMORALIZED
CHICAGO.
Especial Telegram to the Globe.

In the leading markets on change. Wheat,
pork, oats and provisions suffered de-
cline. Trading was somewhat active and
prices decidedly unsettled. Flour was
more lively, and for the past few days
sales have been more liberal, and the tone
of the trade was steady one, with home
buyers looking after the better bakers and
family brands, and shippers and exporters
are buying more freely of the bakers and
lower grades. The quantity on sale is
light, and there is little of the new offered,
and not much of the old stock left on hand
and We will have quite close cleaning up
of stock. For winter wheat there was
good demand again to-day on shipping &C
count and the feeling strong, with
prices quotably shade higher.
Receipts smaller. Some speculative
demand existed, but offerings for
future delivery light.
In the wheat pit the market was feature
less Early in the session trade was active
and prices strong, selling up 12c over the
closing figures yesterday, but there were
pretty heavy sellers at the advance, which
quickly caused weakness and prices fell
irregularly &c on September and q on
October; afterwards changed slightly, and
at the close September was 14e lower than
at close yesterday and October unchanged.
There were rumors of more financial
troubles, which also tended to weaken the
market. The weather in England threat
ened rain, and foreign advices were favor
able, but it only seemed to steady the
market. Early in the session Adams
brokers bought in large line of short
wheat, under which the market held firm,
and when this support was withdrawn
offerings increased and prices
dropped. Kent & Walker were sellers
and the former was reported
Shave engaged freight for 10000 bush
els to New York. Vessel room was engaged
to carry 21,GOO bushels. September wheat
clost on the curb at $1.O34. In the corn
pi' '',ere was some firmness early in the
daA but in the latter part there was
good deal of depression, August declining
1ac from the highest point, September &c,
and October about 10, then fuctuated
slightly. At the close cash No. 2 was about
Ic lower than yesterday, August &c low
er, September &c lower, and October 18c
lower.
War;n favorable weather, weak markets
abroao, sympathy with the weakness IL
wheat and the heavy break in provisions,
all contributed to depress the market for
corn. In addition there were rumors of
more financial troubles, which helped the
bear feeling; Car lots of No. 2 sold at
5000. The receipts were smaller. Adams
brokers, shortly after the opening were free
buyers, but later the New York markets
showed so much weakness that the bears
depressed prices to SOC when Spruance
became free buyer which caused some
reaction, but the close was weak. Lester
also fed out corn pretty freely. Vessels
were chartered to carry east 125,000 bush
els. No ; corn closed on the curb at 1915
for -utember.
The market for oats was dull and an
easier tone was noticeable for the day,
with the c,,ll for cash art.cularly light
and there we're more selling than buying
orders Tor al futures. No. 2 cash could
harGl, he sold at all with new No. 3 offered
at 26 c aud old No. at 28c but the call
was particularly light and no quantity
could have been sold at this range. Sam
pies we're more plenty and while the better
and brighter samples were quite well there
waslit;le call for the poor, and lower prices
accepted.
Rye w. firm, with 15@1c advance in
prices There was good shipping demand
and, although here were free receipts and
liberal ofern--, cash rye met with ready
sale. Sample .y in fair request.
In barley the sas no speculative inter
est and an aim, 5atire absence of cash
demand. The =, .rket was dull and neg
lectAd. A few s.-les were made by sample.
but there was - !. le demand that most
ample lots had 70 De carried over. The
first samples of new timothy were offered
on sale today from Missouri, and, being
bright and lit.le hulled, was held well
aboye present cash prices. A liberal
movement is looked for soon, and a fine
quality promised.
III the provision pit another bear day
was witnessed. The trading was active,
but the desire shown to sell was even more
urgent than on yesterday, aud the trade
was kept we'll supplied with all descrip
tlons of property. There was
no particular excitement. but
the feeling was nervous and from the open
ing to the close there was a general want
Of confidence. Hence, as might be expect
ed. the course of prices was downward,
and pork, lard aud short ribs closed ma
terially lower than on yesterday. In the
speculative trading October was the lead
ing O. on, though year and January pork
aud ID sold with more freedom. Cash
pt2,. rty, considering he depression, was
in = cd ,'euand, and sold quite freely.
Liverpool reports indicated an easier
feenn5, and eastern markets were easier.
There was a good inquiry for shipment,