Daily globe., 1883-10-30
WHEAT LEADsIN THE ADVANCE.
Corn, Oats and. Rye Act in Sympathy
and Better Sale for Barley.
PROVISIONS SOMEWHAT EASIER.
Oregon Transc0ntinentaI and Northern
Pacific the Features Of Wall Street.
CHICAGO.
Especial Telegram to the Glohe.i


markrt- Trading was very active. For
eign sdy;ces were more encouraging, bu
with Gle ing weather there was an unu
sual pres=are to sell, and considerable long
wheat was offered on the market,and heavy
feeling at the opening and prices declined
ato 1T y below Saturdays figures. a
this decline the market ruled rather quiet
for a while, bat later under better specu,
lative demand began to rally slowly, and
then Suddenly advanced und5r g rush of
orders to gly and prices ad-
vanced 1@8l}fe above inside
figures, fuotaatad and finally
closed abOut IS higher than TIE closing
figures Saturday. Shorts covered freely.
The receipts wera larger ana shipments
light. Il opened rather easy and early in
tbs day vas abolt 20 below the closing
figures OF Saturday but soon became
strong, outside buying orders coming in
quite freely, aod the market soon turned
upward. At this the shorts took alarm
and began to bay IN frssly, while speeula-
tors who have been waiting for favorable
opportunity Tor Investment also bought
iberaIly. Under this demand prices con
tinue3 II advance aud finally so.a up Ia4c
from the lowest point, weakened 2{e
then changed some and at the
close No7 emter vas 15c higher than at
o'ciocl Saturjsy. December 16c higher;
January e. higher a1d May 18c higher.
October was q1iet aa1 qaotably aboat PC
under November. November was med
crate trading and ran ed at aboat 923lc1
9415 and closed 1T abolt 2458o. In De
oembeT trading vas large and sales at
9f4c6 96s5c and a few at $3.50, and
closed S555e c bid. It opened very unsettled
and wesk under Tie hoeraI offerings 10
sell, with sales in different parts Of The
crowd a from % llo895Ic ana but stray
sales, ard very fss at that at over 95 Ic.
The confusion vas SO great that
it was almost impossible TO trade
1t sole t09 "a, uP 10 95l{c, back to 94&l,
then 10 9538 al 95c and then slowly 10
95Ic, and then rayidly to $685., and few
fales a. $50, said 10 9556, flctuated aud
closed as stated. Year vas quiet and ruled
the same as Ost. January ruled very ac-
tive with saie5 at 9j2{ a9715, and closed at
96B bic. It opened unsettled and amid
great confusion sales were made et SEA
8515, sold to 95Z8c, 10 96llc of to 953lc
then Up to 81 and sold 10 0656c. II
May q large business was transacted and
sales ranged TT 5t02Z 8g1.O415 and clos
ed at 5 032I b.d i opened unsettled at
$1.03l4 and 2L58$5 sold off to S1.O2%
rallied TO $Lo5 5scIl to SIG3, railisd
to $L0ll3 r5cedsd to $LO32{. On call
the offerings we're tres and the demand
active, VITA transactions very large II De-
cembec a1d January. Ream and other
big bears were the Leading sellers, while
Lester, the Blooms, George EIdridge and
Poole, Keith y Go: we're she prominent
heavy buyers.
Corn was quiet and easy early in the
day, opening fully 1P 20 the closing figures
of Saturday, bus railing easy for time,
falling on 2Ic, then became active and
firm in sgmPathy with the
buoyant feeling IN wheat, and
sold up irrsgulsrly about sc, eased
of some, then changed slightly and Al
at the cIo5e November vas about &c lower
than at I O'Clock Saturday, December II
higher, year IS higher, and May 15c
higher. Trading vas active and unsettled
The market opened shade higher, infu-
enced by rainy weather, bat soon on ac-
count Of clearing weather the weakness il
wheat declined. On call prices were
higher.
Cash cats despite very large reoeipts
wsre steady and firm. October was firm
and il good demand. The deferred futures
opened easier, but when wheat ard corr.
improved thsy in sympathy followed. There
were large sample offerings bal
buyers were IN go9d attendanc,
and there was an active trade
and prices were stronger, ezceptin,
for the tail end OF She consignment
These were dull afssc ths main trade has
been supplied. Ga call prices were stror
ger.
The Advance N wheat awakened quite
speculative Interest IN re, under which
fair voigms Of business was done. TT
feeling vas stceng tasae3 and prices rule
1ag e higher.
OF bzrlsy t55 Feeeipta were very Iare
There was a falr demsat5 bEt 1t was n
adsqusts t. tae supply, ana the weak fo.
ing prevailed wita lover prices ruling. n
2 was &c lover Cor ta-h and futures We.
Ic lower. The qaaiit! of barley inspe,
ing No. 3 ard below contin
out Of proportion with that OF better qua
ty, and the Inar5s5 vas overstocked ",
low grades offered altogether by SAM
and the common grades particularly. 4
Nebrasks barley ruled dull.
Flour continues quiet and there
little prospect of selling, with the hot
trade to bid. ana shipping on export
ders have besn light for some time, =,
there was little looking at samples. Pric
were qVotabiy steady, and owing to 4
improved wheat market holders Of flo;
were disposed TO ask an advance, b
which wouid hardly os allowed while l
present depression II trade continues.
In provisions q ftir business was tra
sacted, bat the feeling was somewhat D
settled and prices auctuated considerabi