Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-29
Corn, Under Active Buying, Makes q
Corresponding Gain.
THE PROVISION TRADE BETTER.
More Activity IN Wall Street than for
Several Weeks Past.
CHICAGO.
Especial Telegram to the Globe. ]

OpCl6u nIgH6F tO-OdJs anu pSItSH AS III %
prevailed to the close, the close of the reg
uIar session being at an improvement over
the opening, and the afternoon trading
showing additional strength all round.
The bulls gained more confidence than
they have dared entertain for a long time.
The volume of business transacted was
large, and the feeling generally prevalent
much better than on any previous day for
two weeks. The foreign markets were re-
ported quiet and steady. The receipts
were heavier than shipments in bushels:
Wheat 2,405, corn 4O7, ,O27, oats 1O,155,rye
1926, barley 1000.
On the board there was a good degree of
activity on wheat to-day and prices were
rather firm and steady, the whole fuctua-
tion of the session being only &c, and at
the close March was about 2lc higher than
at 1 o'clock yesterday, April &c higher,
May q C higher, and June q higher. The
first trading was at higher prices. Under
a good local demand and fair line of east
ern orders, together with the firmer feeling
in corn, the market gradually strengthened
and sold up irregulary about 58c, but then
eased off nearly 15c, advanced sharply near
the adjournment, and closed firm. The
buying orders in the forenoon were largely
at $1.10 for May, and this was noticeable
feature. A considerable further advance
was brought about during the afternoon by
an active inquiry, and $4,000 bushels,
mostly of May, were sold on the call, that
future then bringing $1.1OM @$1.11c. The
net gain for the day was about 1c for
March and April, 1 lcfor May y,June and July
and lie for year wheat. Winter wheat
ruled quiet and firm. Spring wheat was
in good demand, firm and steady, with an
upward inclination.
Flour continues quiet, and the feeling il
the trade was one Of weakness rather than
otherwise with few sales making at
about 25c per barrel reduction, but with
no heavy orders at any price, and the trade
was nearly in a lifsiess condition.
Corn was unusually active and strong
throughout the cay, opening on the board
15c higher, although outside markets were
quoted easy ana the receipts were liberal
At the close of the day the market was
dIgl6F GiHu JSSVoLudJ3 APLI A/SO AAS h0l
May lie, June 115c, and July
lie higher, the inquiry being most
active at the close. The demand
from outside parties was unusually
brisk, and firms that operate largely for
Eastern parties bought heavily. This
brought out a pretty free demand from
the shorts, who became quite nervous, and
local spectators also bought freely for in
vestment, the market selling up irregularly
about Ic, closing firm at the outside point
The call sales were 100000 bushels.
Oats were firm and prices again some
what improved. Firmer markets for Other
cereals and small receipts exerted a good
speculative demand, at the same time
curbing the desire to sell. Besides, on &C
count of the small receipts, cash oats were
very scarce. There we're no in store offer
1ngs and 41c, or q advance was bid. The
supply of sample lots did not reach much
beyond the wants of the local trade, anC
they also ruled firm. Afternoon prices
were &c higher.
For cash rye there was a fair demand
and offerings were light; hence the marke
was firm. An advance of 20 Bcwas paid
partly because to-day's receipts woulC
carry into May for 15c less than older re
ceipts. There was an active trading fo
May delivery, the sales of the day bein&
over 100000 bushels The free offering
induced an easy feeling for time, but thi
was fully recovered and the day closed a
62Ac,with March at 81 and April 81 dis
count as compared with May.
Barley was frmer. The demand wa
only moderate, and not materially improv
ed, but the offerings have been steadil!
falling off lately, owing to light receipts
until they have become very small, and t.
this was the improved state of the marke
due. No. was nominal at about 75177c
The speculative demand for hog pro
ducts were quite active to-day, the offer
ings were liberal, and largely increased
business was done to-day. The feeling
was firm and prices were advanced on al
the leading articles, and moderately vel
maintained to the close. Shipping denan
moderate and orders generally limited +
small quantities. Foreign advices showe
a decline of Sd on lard, but other article
were unchanged. Eastern markets wer
reported steady and prices were littl
more favorable to sellers. The receipts o
product were moderate, and the shipment
not very large. The inquiry for mess por
was quite active and the offerings wer
fair. Prices ruled stronger and advance
1O@121Scan closed comparatively stead
at the improvement. Cash in fair reques
in the way of filling small orders. Ma
was in active request.
The offerings of lard we're quite free an
the demand unusually brisk. Prices rule
stronger and we're advanced 121a 13c pc
100 lbs, and closed with considerabl
steadiness. Cash rather quiet, but Marc
was in good demand.
But 5000 hogs arrived to-day and gen
o-oJIrz cold 20 befter than Yesterdays arri