Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-05
This Seems to be the Condition of ALI
the Markets.
LITTLE DONEIN GRAIN IN CHICAGO
The Provision Market also Stagnant
for Want Of Buyers.
STOCKS EXTREMELY DEPRESSE
The Oldest Operators at a Less for
Reasons for the Present Lethargy.
TITLE DONEIN GRAININ CHICAGO
STOCKS EXTREMELY DEPREssEB
CHICAGO.
Especial Telegram to the Globe


CHICAGO, Aug. 4-Extreme dullness has
characterized all markets to-day. There
have been no outside orders, and being
Saturday local traders have been averse TO
putting out new lines, though generally
acting bearish. Wheat has shown steady
undercurrent, with demand for, seller the
month or cash the strongest feature. To-
wards the close there was more pressure to
sell, and values close fully half cent be-
low yesterday, and easy. Corn has been
held firm by the unreasonable weather and
demand for cash, prominent firm being
good buyers Of seller the month and cash,
but later larger offerings depressed prices,
and the close was easy at about opening
figures. Oats stagnant and steady. Pro-
visions act heavy. Meats are in lighter
request and lower.
Wheat was quoted dull and heavy in
Liverpool and London, the weather splen-
did for maturing the spring wheat
in the northwest, the car lots
were about the same as yesterday,
the week receipts exceeded the shipments
1900 bushels, but New York opened
stronger. There was a rumor that over
100000 bushels August contracts were
still unsettled, and the old story of con-
tempIated squeeze or corner by certain
strong bull manipulators, and although the
latter report is very unlikely, it caused an
uneasy feeling among the timid operators
on the short side, and the demand to cover
caused a strong feeling during the fore
noon and prices advanced &c to go, but
there was no shipping demand of con-
sequence for No. 2 spring, which consti-
tuted fve-sixths of the stock. Outside
speculative orders were small, scalpers
were doing less than usual, and trade
during the last hour of the session was
light and the fluctuations unusually
narrow.
The corn market was again stronger and
higher. The extreme outside prices
touched we're not sustained, yet the range
on the futures traded in was 5000 better
than that of yesterday, while the closing
were M@38c higher for August and 40
nc for the later months. In the trading
witnessed September was the favorite
future. The days business transacted was
quite fair, with the shorts freer buyers
than usual. Cash corn was in good de-
mand for No. 2, prices were advanced &c,
for high mixed 115c and for rejected 119c.
No sales of new high mixed were re
ported.
Oats were quiet, opening easier and
rallying slightly, but the fluctuations all
day were within narrow range, the
market closing easy. No. 2 cash was sal
able.
Rye was higher under good dem and
from shippers and shorts, No. cash clos
ing at about 584c.
Barley was very quiet The offerings
were light and there was no demand. No
September was offered at 74@76c. Il
was understood late that the railroad and
warehouse commissioners had decided MOI
to make any change in the grading of bar
ley this year.
Flour opened very quiet and lifeless
There did not appear to be any orders
No change in prices was reported, nearly
all grades being held at the old figures
though concessions would probably bt
made on bakers low grades.
In provisions there was not very much
done, and the market must be quoted al
ruling quiet. At the opening the feeling
was strong and prices advanced some, Blu
at the enhanced range offerings were nu
merous and the market weakened, tn,
early advance was lost, and the closing
prices show liberal shrinkage on yester
days closing figures. Shipping demand
not urgent Receipts of hogs moderat,
and prices higher.
In pork there was just moderate trad
ing, and during the earlier part of the ses