Daily globe., 1883-07-20
VERY QUIET DAY II WALL ST.
CHICAGO.
Especial Telegram to the Globe.1

=
influence this morning, but when it occur
red it was found that everybody had anti
cipated II and there was somewhat of
recovery. OF course, no orders to speak of
were received after Il o'clock. and trading
was dull, bat brokers were very good ma
tured about the matter. Six companies
have offices on the board, the Western
Union, Mutual Union, Baltimore & Ohio,
Chicago and MiIwacke board of trade,
and the Packers, a local line, employing
in all about 100 operators. The operators
on the board of trade took their places as
usual at the hour Of opening, and did not
show by their actions that there was
strike imminent. The time set for the in
augUratiOn of the strike drew near, arrived
and passed, but there was no movement on
the part of the operators, and it was ru-
mored that the business of the morning
session of the board would be fin
ished in any event. The dealers made
their trades as usual, only seeming to yell
louder and faster, as though to transact
al! the business possible before the opera
tors and the tickers stopped. Crowds sur
rounded the telegraph desks and kept the
boys busy receiving and sending off mes
sages. At about II o'clock all the opera
tors formed themselves into line and
marched solemnIy out of the room There
was a momentary hush on the part of the
members, some of whom looked annoyed,
some smiled, and others set up a cheer,
which caused pleased smile to broaden
the erstwhile taciturn faces of the opera
tors.
As yet, appearances on change looked
very much the same as ever. The pits
were crowded, and the men bidding and
selling as exciteGIy as ever. After
while the Western Union sent number
of its non-striking employees over from
the main Office, but the Instruments of the
other companies were idle. A prominent
broker said, "We can get along without
many wires now. as the business we do is
largely local, It mas been SO since the
generally unsettled feeling in trade circles.
When failures began few months ago out
side spectators began closing their deals,
and now all the business we do is done
on our own account" Mr.. Randolph,
secretary of the board, when asked about
the effect of the strike On the board, SAID
laughingly: "My dear sir, Ibelieveit would
be beimpossible to answer that question now.
| might offer eonjectures and the like, but
can't see into the future
Business seems to be very active on
'change now, but is it not a fact that the
strike will lessen its activity"
"Of course, to some extent" he added
after thoughtful pause.
''But don't you think that the activity
on the board will grow less with the length
of the strike?-that is, it will be duller
next week if the strike continues than it is
this week, and"
''Not at all" interrupted Mr.. Randolph.
''If the strike continues the board will find
new channels through which to get its in
formation.
Other members of he board did not
have much to say, though apparently no
great uneasiness is felt. Later, Mr.. Ran
polph received a telegram from the Postal
Telegraph company, Offering the unre,
served use Uf Us cable to the members Of
ticely completed, this Will open up com
munication with New York at least.
City Collector Onabaa begun to-day pro
ceediDgs TO enforce he ordinance requiring
commission mtR and brokers to take out &
city license costing $50. There are about
900 Of th41a who have neglected to take
out liceeses, and if they do not pay then
ncuey they Will be prosecuted.
9-ne receipts of Grain to-day were
seventy-two cars wheat, 456 cars corn, ant
149 cars oats. The shipments we're 1876,
600 bushels wheat, 600 bushels corn,
and 10000 bushels cats. The charter
were 10000 bushels wheat, 100000 bushel
corn, and 10000 bushels rye.
The wheat market to-day was weake
and prices lower all round. Early in the
day there was a very fair business tran
saoted, but after the telegraphers' strik
slackened up very materially and quiet
or feeling prevailed. The speculative Of
ferings were fair and there was no specia
demand. The market opened about on
cent lower, further declined 20 sc an
then rallied q but under free speculativ
offerings prices again declined this tim
%@1c per bushel, again recovered an
finally closed about 4@1c lower tina
closing figures on change yesterda!
August ends ahe day at 2114 bid.
There was good shipping demand fo
corn and speculative trading also was yer
good early IN the day, but later, OWN
to the strike, business was more restricte
and trading light. Prices lower, but at th
decline the market ruled tolerably strong
The receipts were little larger and th
speculative offerings at time, we're larg,
The market opened 38@1ac lower, de
clined an additional &c and then fiuctI
ate1 during the balance of the sessio
within range of about 1c, and closed
@4c higher than on change yesterda.
The advance was just before the clos
and caused by shorts stepping in and bu.
ing.
In the oat market early in the session
light speculative business was done, bu
after about noon there was an almost Ell
tire cessation of trading. The feelin