Daily globe., 1883-11-04
THE MARKETS.
Little Of Note in the Condition Of Trade
Generally Yesterday.
THE GRAIN MARKETS VERY QUE,
a Stronger Feeling Developed in Wheat,
But Prices Normal.
CHICAGO.
Especial Telegram to the alohe. !

1
quletness set in and part of the advance
was lost. Wheat was active and strono
selling up irregularly about &c, then
| eased off slightly and at the close Noyem-
Der was about 10 higher than at l o'clock
yesterday, December 11ac higher, January
15c higher and May 38c higher. The feel
ing WAS strong at the very opening and
the first sales were at go advance in the
| closing figures at 1 o'clock yesterday.
| ruled strong with brisk short, and
speculative demand and prices advanced
irregularly about 3sc, eased off 20, then
| changed slightly, closing rather weak. The
English markets were reported firm, but
the nervous feeling among the shorts, and
their liberal purchases to cover was the
principal reason for the frmness. Lead
ing operators who have been considered
bulls, sold steadily and largely, but it was
all taken, some by shorts, but moro by
parties who believe in its value. The
many and heavy failures reported doubt
less had some influence on the market, but
nevertheless strong bulllsh feeling was
developed. G. A. Maier was heavy buy
er and was sustained by large
following of outside traders. The large
decrease in stocks at Liverpool is doubt
| less giving the bulls some encouragement,
but they rely mostly upon the change in
sentiment which after all regulates prices.
IN near. deliveries the options ranged
strong and active, while the more deferred
futures were quiet, but still held steady.
Corn was active and generally higher,
though the trading was attended with
good many fluctuations and at the close
November was about &c higher
than at 1 O'Clock yesterday December
10 higher and May &c higher
The demand to-day was largely from the
shorts, who were frightened by the move
ments of prominent operator, who it was
rumored was making vigorous effort to
control the near futures. Sympathy with
| the tirmness in wheat also helped to ad
vance corn. The full advance, however,
was not maintained, and the market closed
fully zee below the highest point of the
day. Vessels were engaged to carry H.
| 600 bushels.
Oats were steady and firm, selling for a
slight advance both for cash and for ell fu
ture deliveries. There was not much doinp
for the speculative trade. Orders were
| light but the firmness in wheat and corn
gave the market stronger tone. No. 3
was scarce IN store, nearly all the entire
arrivals going to the sample market and
selling for higher prices than could be OBJ
tanned in store. Early in the day trade
was good and values steady. The demand,
however, being only moderate was soon
supplied and the market closed dull. A
fair quantity had to be carried over.
In the market for barley it
was difficult to bring about
| any trading or to sell the cash
offerings at any reasonable or paying price
with not enough speculation to hold rates
firm. No. and the lower grades were
slow and for the poor and dark grain quite
dull. No. 2 cash sold fairly for fresh re-
ceipts and going largely in store, while
all other grades have to be sold entirely
| in the sample market
Rye was firm and prices higher Long
futures were in good demand and offerings
only moderate. The market was also in
huenced by the advance in other grain.
Cash rye was taken against sales
for future delivery. Little or no shipping
demand. Vessels were engaged to carry
$4,000 bushels.
In flour lifeless condition was noticea-
bly,. Hardly any sales were possible for
the day, with the finer family and bakers
brands steadily held, but all shipping and
export stock fell and could hardly be sold
at all. Rye flour quiet. Buckwheat -four
slow. Bran and all millstuff were dong
well and holding at firm prices.
In provisions trading was comparatively
light, especially during the early part of
the session. The feeling was
quiet and somewhat unsettled, and prices
rather irregular within a small range,
ruling lower early, then advancing slightly
toward the close. Shipping demand mod
crate. Foreign advices show no important
changes except for pork, which is railing
lower. Eastern markets steady. The re-
celpts OF product were light, and the ship
ments were quite large of all kinds and
widely distributed. The grain markets be-
ing generally firmer and higher caused a
much better feeling in provisions than
would otherwise have existed. Inquiry in
mess pork was moderately active and of
ferings fair. Prices ruled easier and 2%
65c lower early, but rallied 5Q1eo
later in the day ahd closed comparatively
steady. The shipping inquiry was fair in
the way of filling small orders. Trading
was moderate in the lard market, and |
there were very few changes to note. Of |
ferings were not very large and no partic |
uier urgency in the demand. Prices ruled |
rather easy early, but advanced 2%@5c |
per 100 pounds toward the close and ruled
steady. Shipping inquiry moderate. In
short rib sides moderate demand pre-
vailed for the deferred deliveries and the
market ruled stronger and prices 215@
DC higher per 100 pounds
Offerings were not very large.
The foreign demand for hog products dur
iog the past week was rather light yet
showed little improvement on the week
previous. The advices from Liverpool ex
hibited little more strength, and prices
for some descriptions of product were
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