Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-22
A SLIGHT REACTION FOLLOWS.
But Prices Close Fraction Higher
than on Tuesday.
PROVI ions SOME STRONGER.
Little activity in the Railway Share
Market on Wall Street.
CHICAGO.
Especial Telegram to the Globe.

hour thereafte- on account of foreign ad-
vices pointing y complications between
France and Chi but the strong bearish
feeling which prevailed overcome what
strengthening Influences there were in
newspaper reports, and after the first hour
about all the lists took downward turn.
In the wheat pit trading was quite ac-
tive and the feeling unsettled. The mar
ket opened strong and active, and prices
were advanced about 80 over
the closing figures on the call
ever, brought out free speculative offer
ings. and the market became weaker. The
desire to sell was also increased by ad-
vices coming from New York, which re-
ported an increase of 250, 900 bushels in the
visible supply. and further by reports that
some 100000 bushels of wheat in New
York elevators had been posted out of con-
dition. Under the pressure to sell prices
declined 1@11sc below the outside range,
fuctuated and finally closed about
the same as the closing fig
ures on change yesterday. Foreign
advices qouted firm feeling.
On call the demand was quite active and
offerings liberal. Prices ruled steady,
except for May, which ruled lower. Trad
ing was principally in January and May.
Corn was active and decidly firm early
in the day, selling up 3s@19o above the
closing figures of yesterday, but finally
weakened under free offerings in sympathy
with the depression in wheat, and fell
38@12o from the highest point, improved
go and at the close November was about
&c higher than at l o'clock yesterday. De-
cember about $50 higher. The year go
higher, January 15c higher, and seller May
go higher. Foreign advices we're favor
able. On call the demand was fairly act
i've and the prices steady. Trading was
principally in May. Vessels were en-
gagged to carry 10000 bushels.
Oats were more active and stronger
early, and slight appreciation was noted
for all months for future, but quisting off
later, and at the close was about the same
as yesterday. Little business under this
head at best. No. 2 cash sold
readily in car lots offered in
bJOE0, Hnllo nOdIil bLO oAtiEO 0uJ Oily
ais were going to the sample market and
doing better on track or free on cars than
could be had for the same goods in store.
On call there was a good demand and
prices were frmer and &c higher. Trad
ing was principally in May.
Rye was unsettled. Prices ranged 40
1 &c higher, but the full advance was not
maintained. The advance was due to a
speculative maneuver, the late call yesterday
causing the deferred futures to advance.
Cash and futures are getting closer togeth
or, for there is now storage charge on win
ter storage receipts. On call, rye was in
moderate request and prices 16@ lfc high
er. Trading was principally in January
and May.
Barley continues depressed, and there
was less than ths usual inclination to
trade, with liberal offerings Of cash fully
supplying all the demands of the trade
and it was only by selling low that buyers
could purchase with any freedom. No.
cash was firm for car lots. Fresh white
No. was only fair. sale in store
Samples were going out reasonably we'll.
Not only the better and brighter cars but
the poor and dark grain has to be sold low
and though about each days receipts are
cleaned up, still no high price was obtain
able for anything, however fine.
In flour no improvement is noticeable
and the few sales noted are for the wants
of the city, or on forced selling and allow
ing low price for the lower to good ship
ping grades with the feeling one of de
preston generally. Rye -four slow. Buck
wheat was in quite light request. Bran
and all milstuffs were holding firm.
In the market for provisions quite an &C
tive business was transacted to-day, but
the feeling was somewhat unsettled and
nervous, and prices huctusted considerably
and on the whole range ruled lower early
Toward the close, however, the. feeling was
firmer and the decline in prices fully re-
covered. The receipts of hogs were libera
and prices showed little change on desir
able packing grades. Liverpool advicet
showed an easier feeling in lard, which
was quoted Sd lower. Eastern marke
was inclined TO quietness and favored
buyers. Trading was active III The mar
ket for mess pork. The offerings we're
quite free and the demand moderately &C
tive. Prices ruled easier of the Who'll,
range and declined 159 zoe early, bat raj
lied again and closed firm. The shipping
demand was moderately sctive in the wa.
of filling small orders. On call pork wa
in good request and offerings free. Price
ruled irmer, 2lSG5c higher. Trading
was principally in Jsnuary and February
Lard was only moderately sctiv,
and sold off 121s615c PEI
100 pounds at one time, bu
reacted in sympathy with pork and close,
21s95c under yesterdays. There Wa
less doing in cash, the trade being almos
wholly speculative. New cash held at
premium of sc over old or regular. On
call lard was actively called for and price
we'll maintained. Trading was quit
heavy aud was pretty evenly divide.
among the future deliveries.
A fair business was transacted in tn
market for short rib sides, with tradin,