Daily globe., 1883-07-12

market feeling of dullness preyailed,a ,and
there was much less than the usual busi-
ness done. Prices showed a weakening
all round. Cash oats also sold very spar
ingly. A few cars of No. sold at 34159
343lc C, but closed nominal with no offerings
to speak of and no demand. Sample lots
met with fair sale early in the session,
but orders were soon filed and the market
became sluggish and weaker. Future de-
previous trade the market was somewhat
neglected. In the futures there was little
doing, trading being mainly in July and
August. The market closed 14@55c lower
but at one time July was fully 1c lower.
Rye was frmer. There was fair specula-
tive demand and some shipping inquiry
was also reported. The offerings were
light all round. No. 2 cash ranged 10
higher, and August sold &c above yester-
days market. Other deliveries were not
higher, particularly, but all ruled firm.
There was only car or two of barley
offered, and this by sample. There were
no buyers in particular on the market, and
there continues to be an entire absence of
trading all round.
Provisions opened with vague rumor
that two local packers were in deep water,
closely followed by the announcement of
the failure of Stiles, Goldy & McMahon.
Another sharp panic seemed inevitable,
but thanks to the pluck of Singer and
Fowler, the properto which was sold on ac-
count of the insolvent firm was taken up
by buyers in short time. A feeling
was developed in the market, but consid-
cradle nervousness was manifested during
the greater portion OF the session and
prices ruled very irregular, though aver
aging higher on all the leading descrip-
tions. Trading in the aggregate was not
so large as during the previous day, yet a
good business was transacted. Receipts
of hogs were liberal, and prices ruled
easier, which exerted some influence on the
course of the market early, and caused a
slight reduction in prices. Later the de-
mand was more active and prices rallied
back again about the middle of change.
Toward the close a sharp rally was made
to outside figures, but a reduction again
took place and the markets were steadier.
The market for mess pork exhibited
considerable activity, but the feeling was
unsettled and prices fuctusted wildly
within quite wide range. Offerings were
liberal and the inquiry active. Early in
the day prices were easy and declined
So 10c, but this was followed by sharp
reaction and advanced 30@35c. From
this point prices settled back 159 20c, but
qickly rallied 25@ 3Oc. During the latter
part of the session a weaker feeling pre-
vailed, and prices settled back again 309
40c and closed steady at the medium fig
ures. Cash inquired for to some extent
in the way of filing small orders, and
quotable at $13.6O@ 14.05. Trading was
principally in August and September, the
latter delivery ranging at $13.65@ 1926,
closing at $1G.9219. Ofher futures ended
the day 5@1Oc better than yesterday.
The lard market exhibited considerable
activity, the inquiry and the offerings
being quite free. An unsettled feeling
prevailed, and prices Ructuated very fire.
quently, though confined withina moderate
range. At the opening the market was
easier and prices 215@5c lower per 100
pounds, but soon rallied with slight fuctu-
ations 10015c. Toward the close the
market weakened, and the Improvement
was lost. Cash in fair request and quota
bic at &8.65@ 8.75. Prices On call heid
steady at 215 a sc less than yesterday.
There were $1,000 hogs received at the
stock yards and heavy lots did not bring
within 1O@ 2Oc of as much as yesterday.
The governing committee of the call
board, in response to 3 well signed Peti-
ton, has decided to hold no afternoon
session from Friday next until Sept. 10.
Business is becoming dull and the re.
creating season will be generally taken
advantage of by brokers.