Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-26
Chicago.
Especial Telegram to the Globe.l

CHICAGO, March IA good volume OF
business was transacted on Change. to-day,
larger than on any day previous during
the week. Corn exhibited its usual weak
ness, but wheat evinced considerable
strength, easing OFF, however, later.
Trading in the wheat pitIwas active and
the feeling unsettled. Early in the day
the feeling was strong, and prices were ad-
vanced lie per bushel, influenced by an
urgent demand, based upon the unfavor
able tenor of crop reports from the
winter wheat districts. Later, however,
a weaker and unsettled feeling was devel-
Oped, due to reports from Kansas, Mis-
soUri, Oregon and southern Illinois, which
reported rain in those sections, and also
to advices reporting indications of rain in
California. Under free speculative offer
ings prices declined 1Ac, later rallied
about PC, but again eased of, and finally
closed about &c lower for May, 4c higher
for June, and q C higher for July, than the
closing figures on change Thursday. On
the curb after 1 o'clock some sales we're
made 1s@Ac lower, but the last open
board sale of May wheat was $1.1O11.
Winter wheat in some demand to-day, with
little offered. Spring was in fair demand
and prices were generally higher.
Flour is unchanged. The concessions
asked by buyers are now in some cases
granted, and bran and mill stuffs show
signs of weakening. Hardly any business
in this line was done yesterday.
Corn was very active, and prices again
lower. The feeling was considerably IN
settled. Shippers bought fairly, but trad
ing was chiefly speculative
accounts the weather was
five, the receipts were liberal, and the
pressure to sell was quite strong. The
market opened about re lower, but prices
rallied g under a good demand, infu-
enced by the advance in wheat. Liberal
speculative offerings, however, caused a
sharp decline, and prices fell of with nu-
merous slight fluctuations 13s@1Mc for
May, and 58c for April below the outside
prices reached, then fuctuated and finally
closed &c lower for April and 1 12c lower
for May than the closing figures on Thurs
day. No. 2 was in good demand and re-
ceipts dated March II and since closed
about &c lower. Receipts dated March
to 16, inclusive, ranged 1ac less, and round
lots Of regular quotable the same as
March. The lower grades in fair demand.
4 fair demand existed Cor rejected, which
sola at A5@46c, depending on location
New mixed in fair demand. High mixed
quiet.
IL oats the speculative trading
was lighter than usual. Prices
were shade lower than
the closing quotations of Thursday. The
market, however, ruled steady. Cash oats
were quiet and also easier. Car lots of No
2 sold at Zoe and round lots of regular at
1880. Sample lots in quite liberal supply.
They were in consequence a shade lower.
Consignments could not be sold. Future
delivery were about &c lower but quite
steady and trading comparatively light,
compared with Thursdays board prices.
Rye sold 1c higher for cash, and ranged
5000 higher for futures. Early in the
session,when wheat was firmer there was a
good speculative inquiry, but later the
market became quiet.
Barley was dull and neglected. Trans
actions were limited, and there wers no
changes of account in the general market.
The market for hog products exhibited
fair degree of steadiness early in the
day, the inquiry on behalf OF local
aud outside spectators being
fair, and prices we're moderately
well maintained. After these orders
were provided for the market weakened,
and prices receded to the inside range.
Shipping demand rather light. Foreign
adyices showed quiet and weak feeling in
that quarter, and the Eastern markets
exhibited little change. The receipts of
product were fair, and the shipments quite
liberal. The inquiry for mess pork was
moderately active, and the offerings were
far. Prices were trife higher early, but
during the latter part of the session a de-
cline of 10@15c was submitted to, and
closed steady. Cash quiet and
steady. The inquiry for lard was good,
and me offerings were fair. Prices were
easy and declined 5@71Ic per 100 pounds,
and closed steady. Cash in light request
This market exhibited considerable
strength early. The long futures were the
favorite deals with spectators.
Speculative trading in hog products ex-
hibited considerable activity during the
week Just closed, but the feeling was un-
settled, and prices fuctuated considerably
within a moderate range, finally closed
lower on ali the leading arti-
Giles. The shipping demand was
comparatively light and mainly on foreign
account for prompt shipment. The I'M
dertone to the market in general way in
Dictated nervous and weak feeling, with
more disposition to sell than to purchase
for future delivery, being Influenced to
some extent by the depression manifested
in the grain markets. Besides this, par
l. I1oo. @1n