Daily globe., 1883-08-26
THE MARKETS.
Dull, Tame ana Demnition UnintereSt-
ing.
CHICAGO.
Especial Telegram to the Globe. /

a reduced range OF values was established.
Flour continues dull, and while dealers are
holding up to quotations, still it has been
difficult to bring out any demand or for
any quantity either on home or outside ac-
count, and export buyers report with
drawal of orders at present asking prices.
Rye -four was still quite dull.
Winter wheat was quiet and ruled 1c
lower IN the wheat pit, weaker and ur-
settled feeling was developed and trades
few. The weather has been fine for har-
vest work and for marketing grain. The
receipts were fair and foreign advices
were Of an agreeable tenor. The demand
was moderate but most Of the buying or
ders were at limited figures. The offerings
to sell were very poor ard quite a number
of outside selling orders were
received. The market open
ed about 1594c lower than
closing figures or Change yesterday, ruled
steady for a while, but later eased off
Slightly and just about noon the feeling
was quite weak for q moment, prices de-
closing 1a@24c below koutsideiprices and
finally closed about 58c lower for Septem
Der, 58 c lower for October, and &c lower
for November than the closing figures on
'change yesterday. The wheat market has
gotten out Of the rut il has been in for the
past six weeks. The telegraphic service
is improving, and the country shows more
disposition to trade The interest and
uneasiness in Wall street and commercial
circles is disappearing and confidence is
being restored. These elements will now
bring trade to our markets and we look
for a good active fall business to COM
mence with the next month. Lake freights
are weakening little and we look for
good demand for our grains. We would
now commence to buy on good breaks but
take advantage of good bulges to secure
profits. October wheat closed on the curb
at 1.G215.
In the corn pit there was not much ac-
tivity and while cash was steady the
futures ruled somewhat weak and at the
close cash was about 18c lower than yes
terday, September lc lower and October
about lc lower. The first sales of Sep
tember and October were at about the
closing figures Of yesterday but the weak
ness in wheat, and continued fine weather
caused some depression in the futures
which declined 10 sc then strengthened
some improving 18c@ &c, then changed
slightly and closed rather weak. Car lots
of No. sold at 50Bc. Trading was of a
moderate character. In fact the specula-
tive market was very quiet. The receipts
were larger, the inspection iuto store being
769 cars and IS, 100 bushels By canal,
against 675 cars and 5000 bushels by canal
yesterday. The weather was warm and
foreign advices quoted cargoes of corn
with buyers showing less disposition to
purchase. October corn closed on the
curb at 1890.
Oats were more active and for all the
early part of the session prices were ruling
above yesterday, but toward the close all
the longer futures fell back to about yes
terday's closing and were dull. No. cash
sold early in the day at &c, but later few
were willing to pay this price, No. 2
white was firm at 28c. Samples were more
abundant and low prices had to be accept
ed for all the poorer qualities, and it was
found difficult to close out all that were
placed on sale, while for the good there
was a lively demand and better prices were
paid.
Rye was lower and the feeling in the
trade was one of dullness, with future
sales at the opening at yesterdays closing,
but after the posting of to days arrivals
buyers withdrew and compelled reduction
before they would purchase. No. 2 cash
did not sell until nearly noon and then
opened at 562Ic for car lots and closed al
this bid
Barley was dull and the feeling rather
easy.
In the provision pit the market was
quiet, The product met with a fair de-
mand but in the speculative line an un.
usually slow day was past, the pit in fact
was practically deserted during good
portion Of the session. In the occasional
sales made for future delivery September
and October were the favorite months. A
the opening of business the feeling was
streng and the morning transactions were
made at the best prices of the day which
were higher all around than yesterdays
closings. Later the market ruled easie.
and closed at decline from the morning
figures, though for lard for near delivery
and short rib sides higher than yester
day.
Pork was rather quiet though for
short time after the opening there wa
some show of activity and a
better prices, but during the greater pa1
of the session the offerings exceeded th
demand, and the result was a drop i
prices. the closing being but little differen
from Friday, and few car loads of cas-
sold at So, which was full price, roun
lots being offered lower. August same a
September and dull.
Lard was quiet from the opening unit
the close, and while some higher early
the day ruled tame later and closed bJ
little different from yesterday. The shiI
ping demand was not urgent, but the GU
90 for the week aggregated 14,000 tieroe
Cash and August steady at full prices Gu
rent for the September option, Conside
s,,{ ba 1or