Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-02-21
The Cereals Hold Their Own on Yes
terday's Chicago Board.
ALUES FIRM AT THE CLOSE.
Considerable Life in all Grains-PrO-
visions Shade Lower.
SLIGHT DECLINE IN STOCKS.
The Milwaukee & st. Paul to Issue a
Land Trust Loan.
CHICAGO.
Especial Telegram to the Globe. I

Especial Telegram to the Globe.l
CHICAGO, Feb. 20.-No further decline
was experienced in the market to-day,
corn closing about where it did yesterday,
a slight depreciation in February being
Offset by frmer feeling in May. Wheat
rallied fraction, and provisions stifened
up considerably. In the wheat
pit an unsettled feeling prevailed
and trading was quite active. The
receipts were small, and foreign
market advices quoted no particular
change. Reports of the weather in Eng
land, however, were somewhat conflicting,
public advices quoting the weather fine
and private reports quoting the weathe +
bad. The governing influences can be at
trlbuted to speculative manipulation and
excessive speculation. The market opened
shade lower and declined I'M
der free speculative offerings
about 4@%c, then rallied under
an active demand 115c above inside
figures, hpctuated, receded about 15c, and
finally closed about &c better than the
closing figures on Change yesterday, with
the decline of yesterday afternoon wiped
out. On call prices ruled comparatively
steady.
There was no change in the -four trade.
In corn quite an active business was
transacted, and the feeling was again IN
settled. Trading chiefly speculative with
fair demand from shippers. The receipts
were considerably larger, with only a
small portion of the arrivals again grading
No. 2. Foreign advices quoted steady
feeling. The market opened a shade cas-
Ter, declined to point 24@1c below
the closing figures on change yes
terday. At this decline the
speculative demand became active and
sharp advance of 1l@115c followed, then
fuctuated and finally closed within about
ia &c of the outside prices reached. No.
and high mixed we're in good request and
| car lots closed at about $3.50 bid.
Round lots about the same
as February. Rejected in fair
demand with special location at Sic. New
mixed sold at 541a@55c, depending some
what upon location. New high mixed
about the same as new mixed.
The oats market was more than usually
| changeable, in being dull and strongly de-
Ginning early to more active and stronger
later, and was above yesterday for the lat
ter part of the session. No.
IL cash was firm at $3.50,
with only a few cars on sale. Samples
were going out less freely, and lower
| prices had to be accepted to sell. Still at
slight reduction buyers took hold quite
freely, and the market was about cleared
with the better cars of white most sought
after.
Rye was quiet. There was little interest
taken in the market and May seemed to
be the only delivery for which there were
orders TO either buy or sell. The market
was steady though little lower The de
cline took place on the late cali yesterday.
The near futures we're neglected, lifeless
and normally easier. There was q mod
crate trade in May; somewhat frmer
feeling prevailed during the afternoon.
Barley was hardly traded in at all,
outside the sample market, with a fair
price quotable for cash, but speculation is
lifeless and hardly trade is being made
for future delivery. No. cash was about
85c and No. at sac, while samples were
going out slow and the demand has been
light for some days.
The market for hog products was quiet
during the early part of the land prices
ruled triae lower. Later, however, the
speculative demand vas quite active, and
sales were liberal and prices we're advanc
ed quite rapidly and ruled with considera-
bic strength to the close. Shipping de-
mand only fair, and orders chiefly
for small quantities. Foreign advices
were without important change, and the
Eastern markets We're irmer. The receipts
of product we're fair, and the shipment of
all kinds quite liberal, The offerings of
=aess pork were fair early, and the demand
light, while prices receded 5Gl10c. About
the middle OF the session the inquiry
was urgent, and prices were advanced
20@ soc and closed comparatively
steady. Cash quiet but closed
stronger. February offered spar
ingly and difficult to purchase; sales
meagre. May was in good request The
demand for lard was moderate early and
prices were easy, but during the latter
part of the session considerable strength
was developed accompanied with an adj
vance of 15@2Oc per 100 lbs, and closed
steady. Later in the day pro-
visions again weakened. Pork IN
der free offerings ruled 59715c
easier and lard was shaded tritie. 1880
live hogs arrived to-day. The market was
only moderately active but steady. The
very choicest of heavy lots sold at $50.