Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-04-24
TRADING IACTIyE IN ALL GRAINS
Fluctuations Cover a Wider Range than
Usual Of Late.
PRICES PRETTY WELL SUSTAINED.
A Firmer Feeling in ProyisiOns-StOcks
in New York Dull.
CHICAGO.
Isnecial TELEGRAM TO the Globe.1

were active and excited, with values un
vored additional strength with grainm ar
kets, but local influences were paramount
and counteraced the early effect of firmer
foreign advices. An immense quantity of
long wheat was unloaded by parties who
had profit on purchases made before
Saturdays upward jump, and this chez ked
the advance and forced prices below the
opening quotations. Corn followed wheat
in its fluctuations, but provisions were
very strong, and made another sharp up
turn. Heavy buying in expectatation of
higher prices and quite general dispo-
sition among the short interest to cover
deals are responsible for the course taken
by hog products.
Trading was active in the wheat pit on
the board and the market, under specula-
tive influences was decidedly unsettled,
with prices ruling very irregular. The
market opened at about the closing figures
Saturday, but soon weakened, and prices
declined about 1a@5sc. Later under an
active speculative demand, with shorts
buying freely, prices were advanced 11a@
1Ac. Large offerings, however, were
thrown upon the market at this advance,
and under strong pressure to sell, prices
declined 11a@15sc, iuctuated and finally
closed about IS lower for May, 1ac lower
for June, and 15c lower for July than the
closing figures on change Saturday. Re-
ceipts were moderate ard the foreign mar
ket reports quoted a frmer feeling.
On the call board the unloading press
was continued and values forced down
4c further. The aggregate transac-
tions on the call were million
and a half bushels, of which the
June and July deliveries furnished over
a half million bushels each. May closed
at $1.11A@1.11%. Spring wheat was
quiet to-day, the offerings continuing light.
Winter was in small request, little offe red
and very quiet.
Flour held steady at former prices.
There was trife more inquiry, but the
trading continues chiefly on local account
and generally in choice grades of spring
and winter -four. Exporters purchased a
few lots, but mainly held aloof. Holders
commune very independents.
Trading in corn on the board was also
active, chiefly on speculative account, and
the feeling unsettled, accompanied with a
higher range of prices. Receipts were
only fair and market advices favorable,
but the market was controlled principally
by speculation. The market opened at
about the closing figures of Saturday, ruled
little unsettled, then rallied about &c, but
later under free speculative offerings
declined 115c, fuctuated and family closed
about &c lower May, 7sc lower June and
&c lower July than closing prices Satur-
| day. The call trade was active, but at a
trife weaker prices. May ended the day
at 424@4Bc.
Oats were quiet and inclined to dullness
There were good receipts. Sample lots
were in consequence offered quite freely
The supply, in fact, was somewhat IN ex
: cess of the demand and prices we're easier
Besides, consignments were not so readi ly
closed out as last week. Cash oats on the
regular market were dull. There was nc
demand in particular. Trading in tht
futures was light, and interest il
, the speculative market appears to
be on the wane. Prices on th'
n board were generally 4@1ac lower thai
' on Saturday, and closed weak at in
J. side quotations. Afternoon dealing
showed no improvement, but rather tn
reverse.
4 Rye was firm aud higher. The offering
were extremely light, and the natural stiff
!. fening in sympathy with other market
!: was not lost in the reaction. Cash ry
l sold one cent better on the boards, AM
deliveries at about 1ac advance. Their
was a fair demand, and sellers we're scarce
June showed most strength. The after
n noon feeling was quiet, but 11{c better
figures had to be given than on the board
i Barley was very quiet; about the onl.
y demand was from the local naltsters an
}. brewers. sThese buyers took only sampl
Q lots, of which the supply was about mod
I crate and prices exhibited no essentia
= change. The in store, cash and specula
1 tive market was devoid of demands an,
{ offerings, and was in consequence inactiv
It and nominal.
WNNHN ~
tive movement and a continuance in Sat
!, urday's advance in prices. The feeling
however, was somewhat nervous and tn
days changes in prices were comparative
ly frequent. Lard commanded moro at
tention than usual, and rather divided wit
:. pork the interest developed. Short sale
!. were also traded in freely for future de-
: livery. A higher range Of prices was es
r. tablished all around.
a Pork was active, irregular and higher
g closing at an advance of 40@45c. Earl
d sales were made at the lowest prices of tn
4 day. The upward movement was littl
nervous and fluctuations caused a wide
= range than on Saturday. May and tn
= later months were tie faverite deals wit
n traders. Cash was quiet and April slow.
IT Lard was unusually active. It fairly d
vided with pork he attention of traders
and the sessions business aggregated
| n