Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-26
THE DAY QUIET ON WALL STREET.
CHICAGO.
Especial Telegram to the Globe. |

Especial Telegram 10 the OlODe.
CHICAGO, Nov. 24.-On Change to-day
the markets in all the leading speculative
articles were slow and exceedingly dull
In wheat there was less interest felt to-
day, and the volume of business was
rather moderate and prices easier, falling
fully | &c from the highest point touched
yesterday, and at the close December was
about 10 lower than it closed at 1 o'clock
yesterday, January &c lower, and May PC
lower. The market opened weak and sold
off some, recovered a trifie, but at no
time was within lc of yesterdays closing
and not more than &c below, changed
frequently, but moving within a moderate
range, closing weak. Speculation in
wheat is comparatively light, corn and
provisions drawing the attention of
operators.
Market adVices from other points were
not encouraging, and there was more de-
sire to sell on the part of operators to SELL
In corn, an easier feeling existed, and
most OF the advance Of yesterday was lost.
There was disposition to sell, and the
brighter. cooler weather was the principal
reason assigned for this movement,
although the recent advance evidently in
duced operators to realize on some of
their long corn. The receipts we're small
or. Foreign edvices quoted a firmer mar
ket. The market opened 4@asc lower,
declined fc more, then rallied 5sc again
eased. of and closed about 10 lower for
December and year; go lower for Janua
~, and go lower for May, than closing
figures on Change yesterday.
Oats weakened off somewhat from yes
terday's big advance and the tone of the
trade was dull one for the most of the
day, with fair call for cash at 10 decline
in store, but lutte dull in the sample mar
ket, while all futures were from 10 to 20
below yesterdays. No. cash was fair
sale, in store and nearly all the cars in
specting No. we're going in store, while
samples were dull and 1@2o per bushel
lower for all but those that oan be put on
cars to-day, as the advance
in rail freights next week
is discounted the difference in freights, yet
oats we're the strongest thing on the mar
ket except, perhaps, corn. This was due
to three causes-sympathy with corn,
shortage in cash oats, and suspected ma
nIpulations in December.
The market for rye was unsettled and
more changeable in selling the same for
cash, but lower for all deliveries for fu-
lures. The call for cash was light. Sam
piles were slow, and there is little call for
the low grades.
In barley, it has been difficult this
week to bring about sales for the cash of
ferings, or to sustain prices in the specu-
lative market, and we have to note de-
pressed tone to-day, and sellers at
a reduction, while buyers were more than
usually slow to teke hold. Samples were
il only fair request at any price, and
while the best and brightest went off quite
well at the low prices ruling, there was
little sale for the poor ut any rate that
could be named.
Hour was without change from our pre-
vious report in there being limited call
for the wants Of the home trade, but next
10 nothing for shipping account. and the
feeling was q dull one generally. Rye
were doing well.
An active business was transacted in hog
products, but the market was greatly IN
settled and prices ruled very irregular,
rendering trading quite unsatisfactory.
TIE offerings were liberal early, and lower
prices we're accepted in all the leading
articles, but during the middle part of the
session more strength was developed and
the greater portion of the reduction was
recovered. Foreign advices showed an ad-
vance of Cd in lard, but other articles
were unchanged. Eastern markets showed
little alteration. The receipts of products
were fair and the shipments quite large.
Trading was quite brisk in the market
for mess pork, but prices fuotuated con-
siderably. Offerings were free and the
demand active. Early in the day prices
were easier and declined 15@ 2Oc, but later
in the day rallied log 15o, and ruled some
what irregular to the close. The shipping
demand was moderate.
Lard WAS active on speculative account
aud prices were somewhat irregular and
unsettled, opening easy and declining
some, then selling up to nearly the out
side figures reached yesterday,
reacted again, and closed at prices little
different from Friday. Cash was in fair
demand at November prices for old and
~ 90 premium for new.
Tho inquiry for short rib sides was fair
IL active and offerings moderate. Price:
were weak and declined IG9 I2lso pei
10u pounds early, but rallied sgain 90 1oC
aud closed steady. The shipping demand
was fairly active
1. Is reported that Minneapolis men
were in this city yesterday aud tried IN
vsia to negotiate for money with which to
carry large quantity of wheat there into
Nav sEains: sales made here. The differ
.anns OF 7ISc between January and May
would pay well to carry the grain where
storage is cheap, providing the pecuniarJ
conditions were alright, which it seem;
tbev are not. Hence We may expect the
o--ixal of several hundred thousand bush
ais of that wheat to swell the already large
stocks now accumulated here.
The bears say, what Is th'