Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-15
rHE WALL STREET MANIPULATION
CHICAGO.
Especial Telegram to the Globe ]


quiet, and little has been done for the
wee, With fair call and stead quota
ton for the good to fine family and
bakers brands, but shippers enc l.articu-
iarly exporters were having light buying
orders, md were buying little besides the
lower grades to only fair bakers stock and
and w3re finding little of these qualities
TO work from. Rye Flour was dull.
Buckwheat -four was lower. Bran and all
mi''stuffs were in light supply and going
steady at firm prices.
Wheat was active and firm early, but be-
cone -ery weak later and at the close
November was &c lower than at o'clock
yesterday, December about Mcslower, Jan
'uary 2Ic lowe, and May about 20 lower.
4 he openin; prices we're strong with q
sinand, and sales were made at an ad-
vance of A@55c over the highest prices
touched m Change yesterday, but the i'm
proven .nt brought out heavy offerings,
1ndsr which prices soon weakened, finally
fell 154@135c from the highest point of
the Sc ION, then fuctuated some and
o5sed easy. Receipts smaller. Market
sdvices were unfavorable and there was
c1L iderable pressure to sell. Crosby and
Df.ver sold tgO million bushels for Balti-
mo-e parties.
Ia corn largo business was transacted,
chiefly on speculative account. The ship
ping demand was fair. The feeling was
unsettled, prices ruling &c higher early,
but later weak and depressed, declining
1889 for the various futures, fuctuated
and closed 1a@Ac lower than the closing
figures on change yesterday. The re-
ccip.s were little larger, but the weak
ness was attributed mainly to large offer
ings of long corn being placed on the mar
ket, and to the influence of the short in
terest. No. 2 was lower. The market for
futures opened higher, but by the time
that cash corn came on the market price
had declined 11se on October, 10 on No
vember, &c on year and 10 on May. The
frmness early brought out liberal offer
ings, and with an increase of about 100
cars in the arrivals and drop Of 1Ic in
New York, there was steady decline.
Hutchinson bought round lot of May,
and Lester took some for shipment. Lead
ing houses advise caution in selling short.
Oats opened up stronger and at higher
pricss, but free offerings at the advance
and heavy break in other markets gave
weaker tone and resulting in define of
about 10 per bushel and slow closing.
No. 2 cash was held at 2S1ac early, but BE-
fore the car lots were offered on sale
prices had declined to 28c, and with a
limited demand at about this price. Sam
pies were selling freely and we'll, and at
better prices than could be obtained in
store.
Eye was more active and higher prices
were realized for cash and all futures, with
more buying orders and lighter offerings
of cash helping to an appreciation of
RaMc per bushel from yesterday.
Barley was showing signs of improve
ment, and though no better prices were
paid, still there was an improved demand
for the cash property, and with much
lighter offerings of the some helping to a
close clearing up of the stock placed on
hand. The poor qualities of No. were
dull and the good to choice quite ready
sale on track or free on cars. The poorer
samples were still slow, and though ell
were worked off still low range had to be
accepted to tempt buyers testake them.
In provisions there was little change
Trading in tho aggregate was
light, and the feeling was
easy during the greater part of the session.
Offerings were fair for the more deferred
deliveries, but the light demand was some
what limited. Prices were weak and on
the whole range show slight reduction.
The receipts of hogs were liberal for the
closing day of the week, and prices ruled
lower, which had some influence on the
course of the market. Foreign Rdvices
were rather unfavorable to holders, and
the eastern markets showed no particular
strength. The shipping demand was
rather small. The receipts of product
were fair, and the shipments quite liberal.
There was very little doing in the market
for mess pork ontside of fair trade
for January delivery. The offerings were
AOU NCAy lolSC, oho tuCI0 WIS uO
lar urgency in the demand. Prices on the
whole range exhibited reduction of 100
zoe. Tim shipping demand was fair in
the way of filling small orders. The offer
ings of lard were modera.e ane the de-
mand ligqt. Trading was rather small in
the aggregate. Prices favored buyers to
the exent of 5@10c per 100 pounds, par
ticularly on the deferred deliveries, and
closed comparatively steady at medium
figures. The shipping demand was
meagre Fairbanks is up. October lard
steady.
. One of the oldes. heads on change said
yesterday: "Mark my words, wheat will
sell lower within the next ten days than at
any other time within the next five
months" That is all he said, but the re-
mark was based on the belief entertained
by some others that there is again a wheat
clique which intends to see how much
virtue there is in the article.
1t does not seem likely that much could
be done in the way of bulling wheat this