Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-07
WHE AT STRONGER AND IN DEMAND
A Better Market for Corn, Oats, Rye
and Barley.
IONS TENDING UPWARD.
The Bulls in Possession Of the Stock
Deal on Wall Street.
CHICAGO.
Especial Telegram to the Globe. |

Especial Telegram to the Globe.
CHICAGO, Sept. 6.-For the first time in
two weeks wheat closed higher. There
was an easier feeling at the opening, ow-
ing to lower foreign markets and con-
tinuance of fine weather, while the short
demand that bid prices up on the curb
yesterday was missing, but the amount
atioat for the United Kingdom showed a
considerable decrease from the last weekly
statement, and other markets were steady,
so an improved tone was exhibited toward
the close, although on the curb this eve
ming the feeling was shade easier. Corn
ruled strong all day, There was free buy
ing, although nobody vas particlarly
prominent. Lester bought considerable.
The close is at an advance over yesterday
ali round, and tolerably steady. On the
curb there was noticeable change in
prices, although the feeling was quieter.
There the close is 14c higher than on the
board yesterday for October wheat, PC
for the same option of corn, 115c for rye,
20c for pork, 1Oc for lard, and 15o for
ribs.
In wheat good speculative
business was transacted but
the aggregate trading was not as
large as yesterday. The feeling was con-
siderably unsettled, prices being subject
to numerous fluctuations within moder-
ate range. Receipts were large, the in
crease being in spring wheat. Market ad-
vices from abroad were unfavorable, quot
ing dull aud heavy feeling. However,
there was good demand, chiefly from
shorts, and this tended to sustain prices,
with no great pressure shown to sell. The
market opened about &c higher, and after
some fluctuations of 10 advanced an ad-
ditional 35c, then declined about 1c, again
rallied B@1o, eased off and finally closed
178@14c higher than at 1 o'clock Yester-
dag. The visible supply showed an in
crease of nearly 100000 bushels, which
caused weaker feeling at the time the
statement was made public.
Corn was active, with most of the specu-
lative trading during the first half of the
session Of tho market. During the last
hour the feeling was more quiet. The
shipping demand was good, and receipts
larger again today, the weather warmer
and the visible supply as reported showed
an increase Of over 100000 bushels A
good demand from shorts, however, had
the effect OF creating stronger feeling,
and prices, after numerous fluctuations,
closed M@12e higher than at O'Clock yes
terday. The receipts amounted to 427 900
bushels, but the shipments and charters
together exceeded 100000 bushels.
Oats were active and higher. The demand
was good all around. All the future de-
liveries were in good demand on specula-
tive account, while there was not much dis
position to sell. Shippers were also buy
ing freely, and sample lots were active and
frmer. There was general improvement in
prices. No. cash ranged 15c higher
Future deliveries were in good request
and as active as offerings would allow, and
there ives 15@Ac improvement. The
market closed at about the outside.
Rye was active and considerably improv-
ed. There was good speculative demand,
with some buying against contracts. No.
cash sold at about 60 advance. Sample
lots steady and fair sale.
In barley there was good trade; prices
about the same as yesterday. The late
decline has brought out more demand.
Still buyers seem to feel they have come
in depressed market, and rather expect
to have things in their favor or hold off.
A fair speculative business was reported
in the hog market and a steady
feeling prevailed duringthe greater portion
of the session, yet prices were subject to
quite frequent fluctuations within mod
crate range. Receipts of hogs were fair
and prices ruled easier, which induced
operators to offer product rather freely
during the earlier part of the session. Ad-
vices from Liverpool showed weaker
feeling in that quarter, and quotations
were reduced Is on pork, Is on lard and
Cd on bacon. Reports from the eastern
markets exhibited little change. The
shipping demand for product was moder-
ate, and buyers were rather slow to meet
the views of sellers. Receipts of pro-
duct were moderate and the shipments
were fair.
The demand for mess pork was moder-
ately active, and offerings fair. Specu-
latlVe trading fairly active, and the ship
ping demand was comparatively light. A
frmer feeling prevailed, and prices ad-
vsnced 1211615c on the whole range and
the market closed comparatively steady.
Only a moderate business was reported
in the lard market, and changes in price
slight, and on the whole range averaged
1O@1211c higher per 100 pounds. The
offerings were not very large, and the de-
msnd was not particularly urgent. The
shipping demand was little more active.
At the stock yards there was a quiet
feeling in the market for cattle, and as
the receipts were again liberal, buyers
were only purchasing sparingly and hold
ing off for concessions. Cows and COM
mon grades of cattle dull and little better
than nominal. Stock steers and feeders
entirely nominal. There were no extra
qualities sold. The receipts for the day
are 1906 head. The market for hogs
ruled steady and if anything shade firm
er for light singeing lots Heavy pack
ing and shipping grades were steady ADD