Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-15
PROVISIONS STILL STRONG.
The Quotations Refused to the Open
Board, and Quite FURRY Created.
LISTLEsS FEELING IN STOCKS.
Specializing as to the Effect Of the
Death of Jay Gould.
CHICAGO.
Especial Telegram to the Globe. |

CHICAGO, March 14.-Everythin was
lower at the opening on change to-day,
and the feeling was very weak, but later
liberal buying induced partial recovery
in grains, while provisions resumed their
upward movement. The afternoon brought
with it increased steadiness all around.
Great excitement was caused in the open
board of trade and exchange early this
morning, when two employees of the West
ern Union telegraph cut the wires over
which the market quotations were being
received from the Chicago board of trade,
The grain tickers were also taken out, and
the spectators were left entirely without
quotations. This was very great sur
prise to all, because it was generally be-
Eeved the board of trade would otirefuse
to allow the open board to have its market
reports.
The company has now removed its wires
from all the bucket shops excepting the
Cosmopolitan and Metropolitan, operated
by n. o. Pope & Co., and Nohe's place, on
Clark street. These places are interested
in the injunction suits not yet decided
wherein the Western Union is sought to be
enjoined from unjust discrimination, and
the telegraph company fearing a service
for contempt of court will not remove the
wires from these shops at present. 1t is re-
ported on good authority that an agree
ment is being effected whereby the open
board can have the wires and tickers re-
placed by agreeing to charge 10 commits
sion, the same as the chamber of COM
merce members charge.
The open board did not seem to be
troubled during the afternoon session on
account of having no market quotations.
Trading went on as usual, and was very
&.eavy. It is reported on good authority
that old Hutch. the father of the call board,
and Asa Dow, had both applied for mem
bership in the open board. The open
board will make arrangements
for getting quotations from
MiIwaukee,and with this and other sources
of getting the quotations, it expects to get
along till the regular board can be induced
Sto restore its wires. 1t is said that the
regular board ordered the wires cut because
the open board was furnishing quotations
to bucket shops outside of the city. The
officers say that if any such institution:
were supplied with the marketSA it wa:
Z aone by the Mutual Union, and without
the consent of the open board. Mean
while, on the big board, the bears were
having it al their own way for {
time.
In the wheat pit there was good spec
ulative business transacted, and the feeling
was unsettled. At the opening the feeling
was weak, prices irregular and 1 l4c lower
than the closing prices on change yester
day. The offerings were liberal, evi
IDENTIFY Influenced by the fine
weather and the unfavorable tenor o
foreign advices. The demand, however
improved, end as the offerings were taker
up prices gradually advanced 114c abov
the inside figure, fuctuated and fnall.
closed about 4c@58c lower than tn
closing figures on change yesterday
Some large buying orders, it was rumored
were received, which accounted for tn
upturn in prices. May at one time sold a
$1.O978c, closed on call at $1.10Bc, al
eighth better than at l o'clock. Price
then ruled steady. A moderate local de
mand existed for spring wheat, and price
did not show much change. Winter whea
quiet and steady, the offerings bein.
moderate.
Flour was lifeless. Scarcely any demant
existed, and about the only sales effecte
were small amounts taken by local jobber
or an occasional lot of low grades fo
shipment. The receipts are not large
many mills being forced to shut down O
account of high water and also the hig
prices asked for wheat at interior points
In the corn crowd very fair business
was transacted and. the feeling was seme
what unsettled. The weather was agai
warm and bright, and foreign advices dis
couraging and the market opened weake
and about q C lower under free speculativ
offerings. But quite an active speculativ
demand was developed, and as the ofel
ings to sell were readily taken up price
commenced to rally. The receipts wei
smaller, and this also aided in strengthen
% the feeling somewhat. Prices wei
advanced %@1c above inside figures, r
ceded trife, and finally closed 1sc low
than the closing figures yesterday. No.
and high mixed met with good demar
and receipts dated March and SIM
closed at 57$8c bid. Receipts dat ed Fe
26 to March 6, inclusive, quotably &c les
Round lots of regular same as March. R
iected in moderate request, Mixed in GOO
request. Offerings we're free during tt
afternoon trading, but the demand Wi
quite active and prices were advanced
trife, March ending the day at $500 al
May at size. Some interesting develol
ments may be expected in the latter q
livery, very soon, that will be very Hkelye
extend through the market.
For oats the market was rather quie
AT the opening all futures were love
and showed depreciation of 12@Ic