Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-11
CHICAGO.
Special Telegram to the Globe. !

and prices closed lower than on yesterday.
Corn and oats, however, held their own,
the former adding neat fraction to Its
advance. At the opening wheat was ac-
tive and ranged considerably higher than
Yesterday. but weakened later in the SEES
sion. and at the close month, February,
March and May were about &c lower than
yesterday. There was strong feeling
early. with large number of orders on the
market to be filled, and this demand,
together with the light re-
ceipts, led to some advance,
but later, after the orders had been exc
cuted. the market weaked and fell &c,
afterwards rallied some, then fuctuated
slightly and closed steady. In the after
noon more weakness was shown, January
breaking to 9615@96Ac and the other
futures closing 11S@ &c lower. Spring was
fairly active, but easier, and winter quiet
and steady.
Flour was holding up well, and firm
tone was noticeable with quite good
home demand and outside orders have been
liberal, taking about all the stock offered
at the low rates ruling. Rye flour dull.
Buckwheat -four slow. Bran and all mill
stuffs were better prices.
In corn the aggregate trading was
quite large, but the demand
not as active as yesterday, and at times the
market ruled more quiet. The feeling was
somewhat unsettled, and prices were sub
iect to frequent fluctuations within mod
crate range. The receipts were much
smaller than yesterday and market ad-
vices generally favorable. The market
opened at about the closing figures on the
call yesterday, and under good specula-
tive demand, prices were advanced q q
&c for the various futures and the out
side range reached was 4@$sc higher
than the highest figures yesterday, then
weakened 15@Ac, rallied again and finally
closed about 38c higher for January, &c
higher for February than closing fig
ures yesterday. Trading appeared to
center in February and May delivery. No.
was in moderate request and closed about
$500. High mixed the same as No. ?.
Rejected in moderate demand, new mixed
in good demand. On call the trading was
lively and prices were frmer and higher,
January ending the day at 5718c asked.
Oats were very steady. There was
good demand at frmer prices, but buyers
would not accede to any advance for cash
and futures, which did range trifie high
er, were offered with enough freedom to
check this tendency. and there was In
reality firm market with no important
change. The arrivals were small and cash
oats were scarce. No. 2 in store
sold at $3.50 and the supply
of samples was hardly adequate
to the demand. Still there was no m ate
rial change. In the afternoon trifie
higher prices were paid. January ended
the day at 36c.
Rye was again frmer and higher. Since
the extension of the bonded period
marked increase has taken place in the
demand for future deliveries, and to this
and light arrivals is the late advance due.
Car lots of No. sold at 39c. The firm
ness increased during the afternoon.
Barley shows no change. Nothing is
doing in this grain.
Provisions show slight decline for the
day, made for the most part dur
ing the afternoon. On the board
only a moderate business was re-
ported in the market for hog products
and a comparatively steady feeling pre-
vailed, with slight changes to note IN
prices. Spectators traded only fairly,
and shippers were favored with moderate
orders, but not inclined to meet the views
of the sellers. Foreign advices indicated
frmer feeling in pork and bacon, and
higher prices were quoted, but lard was
easier. Eastern markets without material
| change. The receipts of products were
fair, and the shipments on the aggregate
quite large. The demand for mess pork
was only moderately active, and prices
were 5@10c lower and closed steady at
the decline. Cash quiet. The offerings of
lard were fair and the demand
moderate. Prices exhibited little change,
Cash in fair request. On call pork was
offered rather freely and declined 5@1Oc
from board prices. Lard was in fair de-
mand but easier. There was an active
LQdrh0b LUZ i've HOSS aI PLASOo O0 AVO AOmOA
than yesterday, and $4,000 arrived here.
The newly elected president, Mr.. Hobbs
stated that he had no regular declaration
of principles to make further than those
he had enunciated preceding the election.
He favored bringing the call board under
the same regulations as obtained on the
regular board, if not under the
same management. He thinks the rules
of dealing should be the same on both
boards. There was no disposition on the
part of the new administration to institute
any radical changes, but it would insist
upon the fulfllment Of the full rights of
the board He considers the subject of
bucket shops beyond the jurisdiction of
the new officers, and rested entirely with
the committee having that matter in
charge. Mr.. Hobbs considered the sup
preston of these institutions within the
| Jurisdiction of the state authorities, as they
were illegal under state statute.
The regular meeting of the old board of
directors was held in the afternoon. at