Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-14
PROVISIONS A TRIFLE FIRMER,
Fluctuations in Pork and Lard Within
a Narrow Range.
LIFE IN WALL STREET.
Good Demand for Leading Speculative
and Investment Stocks.
CHICAGO.
ISneoial telegram to the Globe. !

preston were the features on change TO-
day. Everybody wanted to sell. There
was steady and considerable decline all
through the range, most noticeable in
wheat. During the last hour on the board
there was partial recovery, but during
the afternoon wheat and corn resumed
their downward course. Oats stiffened up.
Provisions passed above yesterdays clos
ing prices.
good speculative business was trans
acted in the wheat pit at the further de-
cline in prices. The weather continues
fine, and there was more desire to sell, the
offerings, tits said, including some lines
of long wheat. At any rate the offerings
exceeded the demand, which was good,
especially at the lower prices, and princi-
pally on behalf of shorts. The market
opened about 1c lower and ruled
weak, declining to point
138c lower than the closing figures
Sl change Yesterday rallied q c and finally
closed about 1@118c lower than the closing
figures on 'cange yesterday, the better
figure being for March. A moderate ac-
tivity was evinced during the afternoon but
18@ &c less was accepted by sellers. Over
half a million bushels of May changed
hands at $1.1OM M@1.1115, the inside being
the closing figure. Spring and winter
wheat was lower and quieter.
Flour was nearly lifeless, and it was i'm
possible to get the usual buyers to look at
samples, with no chance for trading while
the grain markets are sc unsettled. Deal
ers were holding about the same, but would
shade to sell. Bran and all millstuffs were
easier.
In corn weaker feeling was again
developed and prices ruled low
er, Influenced by fine and
spring like weather, upfavorable market
reports and continued fair arrivals. There
was more pressure to realize and it was
supposed that some long corn had been
closed out. A fair demand existed at de-
clining prices, chiefly from shorts. The
market opened at 35@4c lower and
ruled weak, declining 18@24c more, then
rallied $8c; fiuctuated and finally closed
PC lower for April, and &c lower for
May, than the closing figures yesterday.
No. and high mixed in good demand,
receipts dated March and sinces sold
at 5715c. Receipts dated February 26 to
March inclusive, quotably 15c less and
and round lots of regular receipts quotably
the same as March. Rejected in fair
demand and lower. New mixed
in good demand. The weakness in wheat
had much influence on the market, and the
depreciation would have been more serious
had it not been for liberal buying by par
ties who had sold at previous figures, and
now bought to close out their deals at
profit. In the afternoon, Notwithstanding
a good demand, SO &c lower figures were
accepted.
On the 18th of April next winter storage,
which is 4c from Nov. 10 to April Is,
expires, and summer rates, which are 15c
for each ten days on winter receipts, COM
mence. From Dec. to April Is regular
deliveries are on the basis of five days to
run on winter storage, hence on deliveries
from April IL to April Is, &c
must be deducted on winter re-
ceipts. After April Is grain to be
regular on delivery must have five
days to run on &c per bushel storage max
ing winter receipts subject to deduction
of SIC on the 10Th of April, 32lc on the
21st of April and 4 &c on May l, etc.
In oats there was liberal decline early
on all future deliveries. Good receipts,
fine weather and lower markets for other
cereals brought about this change. There
were not many sellers at the decline, how
ever, and the demand being fair a good
part of the reduction was recovered. Cash
oats were quiet owing to small offerings
They sympathized with the speculative
market and ruled A@Bo lower. Sample
lots were in ample supply.
Buyers held back and the
market was weaker with concessions
in prices. Future deliverier were
weak early and ranged A61c under
the on change closing prices of yesterday.
There was subsequent reaction and the
market closed only about sc lower and
firm. Additional steadiness was gained
during the afternoon trading.
There was fair amount of cash rye on
the market, and there were fair specula-
tive offerings. The demand was light from
all sources and the feeling again dull and
weak one. Prices ruled a shade lower.
Sample lots slow and weaker. There was
fair trade in May. Prices ranged 1c be-
low the closing quotations of yesterday.
This loss was, however, recovered later in
the day, call prices being 15@1c better
than board figures.
Barley was exceedingly dull. Sample
lots were so dull that sellers sought to sell
them in store or on the speculative market
for March delivery, but the market gener-
ally was devoid of demand. No. 3 entirely
nominal and quotable at about 75c. Sam
pie lots dull and weaker.
There was only moderate inquiry for
provisions to-day, and the offerings were
not large. Prices ruled weak on the board