Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-12-12
THE TRACK OF TRADE.
1t Was net a Bed Of Roses for Specu-
latOrs Yesterday,
PRICES VERY vAREABLEALL DAY.
Wheat and Germ Beth Weaker than on
Monday.
CHICAGO.
Especial Telegram to the Globe, 7

nous boom in the speculative list. Every
thing was lower than the prices establish
ed on call, but with the possible exception
of provisions were fairly steady. Specu-
lation did not start out very active. The
country is either staying out of the market
Or is coming in with timid orders to sell.
The bulls are still confident that every
thing points their way. CHOW for in
stance" said one this noon, a great many
people expected a break to-day. They
said, ''Oh, there is always q break
after boom" bat it did not come. Things
simply took & rest, but everything evened
up without the expected reaction and you
will see it go little higher next time.
In the market for wheat there vas fair
degree Of activity to-day, and while prices
were somewhat unsettled the general tone
was weak, and at the close December was
about 1c lower than at O'Clock yesterday.
January lie lower, February I &c lower and
May 1 118o lower. There was some irregu-
larity in the fluctuations of the session
covering q range of about L &c. The open
ing vas about go below yeaterday's
closing al l o'clock, sold irregularly up
PC to 75c, but finally became very heavy,
chiefly il consequence of the break in
CORE, and fell 11l{o from the highest point,
changed some and closed easy. The re-
caipts we're smaller yet. On the call the
market was only moderately active and
offerings fair. Prices ruled shade lower
and trading was principally in May.
To, Cha rl-af u Iarf-a hnefrace
was transacted, but aggregate trad
ing not SO large as yesterday.
Fluctuations we're very frequent
but withal there was less excitsneat than
yesterday, Yesterday afternoon Influenced
| by full deliveries of corn on December
contracts, the market broke off fully 10 On
| the afternoon call. This morning it open
| ed stronger and after some slight fUctu-
atoms prices advanced about 20. Later
under free offerings the market declined
1@18c for tho various deliveries and
finally closed about l 10 lower for Deoem-
Der, 10 lower for January and 1c lower
for May than the closing at about o'clock
yesterday. There was more disposition to
reslize, and on each bulge the offerings to
sell were very large. Receipts we're small.
On call there was,a fair demand and offer
ings liberal. Prices were frmer and 19@
3ac higher. Trading was principally in
May.
Oats were very unsettled owing to light
receipts Cash and near futures we're In
good demand early and sold higher, but
the demand subsidized, and other markets
being easier the market became depressed
declined and closed lower. May did not
show much strength. The sample trade
was light. Buyers have held Of since the
late advance, and receivers find it expedi-
ens to let oonsignments of the better
grades go to store, On cali the demand
was moderate and prices easier. Trading
WAS in May.
Cash rye was unchanged in prices. Flu
tares ware fsirly active. The merke
opsned with fair buying orders, and there
was 491ac advance. Longs, A
WAS said, scld quite freely. Sample lott
were quiet. On call the demand wal
moderate and prices steady with sales il
January.
Barley was hardly as firm on holding III
to the prices established yesterday, will
nearly dead market for samples snt
only the lowest prices could tempt buye
to purchase, and this was having its influ
ence or not IN bringing about depressed
tone. No. 2 os5h sold slow. Samples YER
more than usually dull end many cars arr
being placed in store as unstable on tract
with home buyers suffered. On call it "a
rather quiet and prices steady. Trading
wss aboat divided between January ant
February.
In flour quiet market was noticeable
and sales were light with home buyers ne
bidding for any quantity and shipper
and exporters we're out of the trade, snt
taking little beyond low to fair grades
which can be had at reduced prices and OIL
forced ceiling. Rye -four SLOW. Back
wheat -four and aII millstuffs doing well
In provisions quits an active bust
ness vas done, but on unsettled
feeling prevailed during the greater por
ton OF the session on Change aud price
ruled With marked irregulerity. SpacG
lators traded with considerable freedom
Shippers aere inclined TO co only q mod
crate business, IS outside parties are slo'
to pay current prices. Foreign advice
J were decidedly more favorable to holder.
AID Liverpool quotations we're adVanssc
Is Sd on lard and Is ed@2s on bacon
while pork was unchanged. East
ern markets we're without materi
al change. The receipts o
, product were moderately large and the re
csipts unssuEily heavy, particularly o
mssts. Dining the carly part of the ds,
{ an easy fesiing prevailed and lower price
were accepted, but during the middle O
the session steedier market was exhibite
and portion OF the decline was recovered
Toward the close the feeling was cassie
and closed tame. Considerable intere,
, Was manifested in the market 70
meas pork, and trading was quite active
An unsettled feeling prevailed, howevel
and prices Auctuated considerably. Th
market opened rather weak at 100 20c Dc
cline, and further reduction of 10@ 1215
was submitted to. Later the market wa
stronger and prices rallied 10000, bE
settled back again 30@35c and close
steady. The shipping demand was lgh
1 On call the demand was rather light, bI