Daily globe., 1883-08-20
CHICAGO.
Especial Telegram to the Globe. |

OH1CAGO, aug. 1O.--1nlS mas D66n an
other day of dulIness in all the markets.
Everything was lower at the opening
Trading was slow and mainly on local
account. There were absolutely no features
of interest. The movement of wheat out
of the city is increasing somewhat. To-
day the shipments were 10000 bushels,
while the charters were 278,OOO bushels
more, and 172 cars were received. Other
receipts were 629 cars and 10000
bushels Of corn; 1SS cars of oats and 81
cars of rye; 361,O00 bushels corn and
$4,000 bushels oats were shipped out and
vessel room for $4,000 bushels of corn and
10000 bushels of oats engaged.
The wheat market was unusually quiet
and slow dragging existed, many minutes
elapsing at times during which not a
single trade was made. The feeling was
weaker and prices reached lower range.
Foreign advices quoted quiet and steady
market and the weather fine. The receipts
are increasing, especially of spring wheat.
The offerings were not large, but with
lack of demand the market opened shade
easier, and later gradually declined go
15c, rallied trifle and closed 4@$8c
lower than yesterday. Winter wheat was
in good demand and prices 10 under what
was paid yesterday.
Hardly anything was doing in flour.
Stocks are light and little offered to arrive.
Millers have advanced their asking prices
to point that has compelled withdrawal
of hT1yy
family and brokers' brands are quoted
firm and in demand by home dealers.
Corn, although opening and ruling weak,
closed firm at the closing point
of the day. There was
moderate demand for cash from shippers,
bat largely to complete cargoes, while the
speculative demand was unusually light.
The feeling was steady, but prices averag-
ed shade lower than yesterday. Foreign
advices quoted corn firm, but warmer
weather in the west, together with larger
receipts and a falling off in the demand,
caused shrinkage in prices, which ruled
A@38c lower, near the close rallied and
advanced about 15c, closing 80 &c higher
than yesterday. No. met with a moder-
ate demand and closed at about 5O15c.
High mixed in moderate request and 1c
lower. Rejected in fair demand, ruling
15@Mc lower.
Oats were dull and quiet, with speculat-
i've trading light and shipping orders only
moderate. The arrivals were large, and
the cash offerings, mostly by sample, were
quite heavy. Offerings for future account
were also quite fair. The feeling on the
regular market was easy, and there was a
slight decline. Sample lots were about 1c
lower. Buyers are discriminating more
between oats that are soft and sweating
and those that are dry, and the difference
IN prices is widening.
There were quite free offerings of rye for
future delivery on country account. This
caused weaker feeling and 1@115c de-
cline in prices. The arrivals continued
liberal, but the shipping demand holds
very good.
There is not much of cash market for
barley yet. 1t is too early for mailing,
and there is no special demand. The ar
rivals are as yet small. The speculative
market to-day was firm and trife better.
There was very little change to note in
the volume of trading in the market for
hog products, the aggregate business in all
departments being light. Local operators
were not inclined to do much trading.
Packing grades of hogs we're held with
considerable steadiness, foreign markets
for product were unchanged, and the
changes in the eastern markets were slight.
The shipping inquiry was fairly active,
but buyers were few and the shipments
of all kinds quite liberal and
widely distributed. An easier feeling pre-
vailed during the early part Of the day,
and slightly reduced prices were submitted
to, but during the latter part of the session
the feeling was steadier and prices were
slightly improved. The demand for mess
pork was moderate, and the offerings not
very large. Prices ruled somewhat irreg-
ular within range Of 15@ zoe, and finally
closed at about the outside figures of the
day, and showing slight advance on those
of yesterday. Shipping demand fair in a
quiet way to provide for small orders.
The lard market attracted attention and
trading was moderate. Shorts
were somewhat anxious to purchase,
and as the offerings were
light, frmer feeling prevailed, accom-.
panied with an advance of log zoe per 100
pounds for the near deliveries, while the
more distant futures were lower. The
shipping inquiry was fair. Product of all
kinds is now selling at much lower prices
than was believed to be possible a short
time ago.
Since the collapse of the McGeoch lard
corner, which took place about the middle