Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-24

being caught, ana Iaylng uo"n'
In AIcGeoghs November wheat deal he
was caught and appealed to an arbitration
committee under the Old rule. A large
number of heavy operators to-day notified
him that they would henceforth have no
further trading with him or enter his name
on their books in any transaction what
ever.
The injunction puts the enjoined IN very
bad shape, particularly in cases where
trades made for customers are
settled. the buyers taking his
profit and the brokers carrying
both deals on their books, 1t ties mp any
amount of business. The bulls believe 1t
will be dissolved. In precisely similar
instance Lyon and others crowded Kreigh
& Davies. short time ago, for margins,
and forced them to the wall. As trad
inc on the board is done on the honor Of
the parties, ana the board has its own
courts. it Is claimed this action will tend to
destroy confidence and cripple the board.
\ meeting Of the directors was called
Tor late il the afternoon to fix a marginal
price. but al this writing no conclusion has
been reached.
The rush to sell caused prices to break
oil sharply, and February, at first thought
to be included, slumped of PIC, but later
confidence was partially restored, the clique
kept stiff upper lip, and prices gradually
crawled I'D again. An active speculative
business was again transacted. The re-
ceipts were again small, and market ad-
vices more encouraging to holders. Trad
ing on speculative account active at varla-
BILE prices,while shippers bought moderately
of the lower grades at reduced prices. The
market opened firm, and from H91c
higher than closing figures on change yes
terday, ruled strong, and advanced an ad-
ditional 15c. At this advance the of
ferings to sell on the part of longs in
creased, and prices began to weaken, with
later still greater pressure to sell, infu-
enced by reports of Lyons move, and
prices with panicky feeling declined in
all 1c for January, 216c for Feb
ruary, 14c for March, and 1114c
for May below the highest prices reached
early. then rallied again, fuctuated
and finally closed about &c higher for
January and February than closing figures
on change yesterday, and May closed IN
changed. No. . and high mixed quiet,
and sold at 69@6924c, and closed at about
6915c. On call prices for the longer fu-
lures were 4@28c easier, but January
stiffened up to 69%@70c again.
In the heat pit trading was quite large
on speculative account and the feeling I'M
settled. Early in the day the feeling was
stronp and prices were ad-
vanced 55@4c above the closing
figures on change yesterday. Later.
under free offerings to sell, prices declined
14@15c per bushel, fiuctuated and finally
closed about 35@Hclower than the closing
figures on change yesterday, excepting for
May, which closed only &c lower. Re-
ceipts very small January quiet and
quotable at $1O115@1O3, and closed at
about $1O2. On call slightly better tone
pervaded this market, and prices ruled
higher. Winter and spring we're very dull
on account of the absence of offerings.
Flour was quiet and the feeling firm.
BUYERS were looking around, but
the advanced prices asked made buyers
slow to take hold, and trade was light
Exporters bought few lots, and local
jobbers also selected an occasional lot.
The blockade interferes with the moving
of stocks and also limits trading. The con-
tinued cold weather interferes greatly with
business in a general way. Receivers and
shippers are unable to transact business in
a satisfactory manner, and the transporta-
ton of property to and from the city is
greatly interfered with.
Oats were quiet and dull, there
being little disposition to engage
in trading. Cash oats were
shade easier, and future, which opened
shade better, reached to about yesterdays
closing figures. No. cash sold at 35c.
Rejected nominal. Sample lots we're quiet,
offerings only moderate and demand light.
Future deliveries we're steady, opening
shade over yesterdays closing, but the ad
vance was lost. Prices were steady on
call.
Rye was dull, with an absense of de-
maud. Concessions of about 1c had to be
made in order to sell. No. cash sold at
Coo. Offerings light, for there were only
seven cars altogether inspected. Rejected
about 55c. Future deliveries were dull and
1@115c lower. January quotable at Coo
February about Csc. A further decline oc-
Cured during the afternoon, February
easing off to 64@ 64l4c.
Barley was firm. There was fair de-
nand all around, and the offerings con-
tinue light. No. was salable at $40 83c,
No. 3 cash about So q Soc, with none offered.
There was some trading in futures, sample
lots were in good request from local brew
ers and masters, and there were some
orders.
In the provision market the feeling
was rather heavy. There was no very de-
cided depression, but during the session
a comparatively general disposition was
shown to realize and, as rule, the offer
ings were more than ample to meet the
demand. Prices averaged considerably
lower than on yesterday and the closings
indicated a small decline. The trading
was little slow and the days business
transacted was moderate. The extended