Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-07-14

ing prevailed OF the sample market.
There was about 1c decline, and still con-
signments could not all be sold. About
118c better was paid after the close of the
board. The inspections showed the arrival
of Isl cars-46 more than yesterday.
Rye was firm and about &c better. The
cash offerings were small, and sellers for
future deliveries we're very scarce.
There we're buyers on the market, but the
demand was not urgent. The speculative
market was firm, and a shade higher on the
board, and later in the day September was
sold at 5712c, which was 1c higher than at
l o'clock.
Barley shows little sign of life. There
was some talk on the market to-day about
September No. and No. 3, but the bids
and offers were entirely at random, and
did not seem to emanate from any real
desire to engage in making transactions.
A few cars of barley were offered by sam
pie, and they were found to drag. The
western market remains nominal.
A good business was transacted in the
market for hog products, especially on
speculative account. The market was
somewhat unsettled, as might be expected
after the wild fluctuations of the previous
days of the week, and prices fuctuated
| considerably within a smaller range than
during the previous day. Offerings
were quite free early, and
prices receded slightly, but a
sharp reaction set in and prices were ad-
vanced to medium figures. Later the
market settled back again to nearly inside
figures of the day, but rallied again to
outside figures and closed steady. Re-
ceipt of hogs fair and quality good, but
prices show a further material re-
duction. Foreign advices still continue
in buyers favor, and Liverpool quotations
were further reduced Is on fpork and 2s
on lard. Reports from eastern markets
show little change.
Pork was quite active and averaged
higher, though it was somewhat irregular.
There were a good many orders on the
market to buy if agents here believed
prices on the bottom--a sort of discre-
tionary orders and considerable purchased
in this way.
Hogs we're lower and in fair supply,
which tended to weakness at one time, but
the average was higher than yesterday.
Early the market was strong, and sold up
15@ zoe per barrel, later dropped of, but
jumped 459 SOC per barrel, reacted again,
then advanced sharply and closed at an
advance of 45@4715c per barrel. On the
call the advance was increased to 55a
6215c, September ending the day at
$13.85.
In lard very fair business was transact
ed at an irregular range of prices, but the
tone of the market was stronger and a
moderate appreciation over Thursdays
figures was established. Early the market
was strong and advancing, but later, under
free offerings, weakened of again, reacted,
but closed at an advance on yesterday of
1O@1213c per 100 pounds on the board
and so 10c higher on the call. About 12,-
900 hogs arrived here to-day and sold 15d
zoe under yesterdays prices.
The vessel engagements reported to-day
provide for the shipment of 10000 bushels
wheat, $4,000 bushels corn and 10000
bushels oats. The stock of wheat in Liv-
erpool is reported at 100000 centals.
against 1,114,376 centals ore year ago.
The stock of sides II Cincinnati is report
ed at 100000 pounds.
The board of trade had q distinguished
visitor to-day, his exceIlency Marco de
Soto. president of the republic of Hondur-
as, together with his suite. At noon a
committee was appointed by the board,
consisting of Messrs. George N. Howe. J.
Il. Larmine and R. 4. Fleming, called at
the hotel, and the party we're conveyed in
carriages to the chamber of commerce.
Trading at once ceased and the president
was introduced by the chairman Of the
committee to the members Of the board.
He was greeted with the usual saIvo Of yeus
with which the bowling array of brokers
are wont to welcome strangers, and IN
short speech congratulated his hearers on
the beauty and magnitude Of Chicago,
whose wealth was apparent to a strangers
eye at every street corner, The president
spoke in Spanish, his remarks being
interpreted by his secretary, and on their
conclusion business was speedily resumed,
and the party left the building.
The rumOr OF trouble regarding Davies,
Atkinson 6 Co. packers and provision
dealers, was taken by q morning paper as
a literal fact. and it published to the city
as a fact that the firm had failed! This
story is utterly without foundation. It
arose IN this way: Being somewhat long
on August lard, one member of the firm
went on the board and began TO sell. The
cry was at once set up that the firm had
failed.and creditors passed into the house all
| the afternoon demanding margins. These
calls were responded to without hesitation.
even when they we're called for beyond the
market price. The rush continued to-day.
and all demands were met, even without
such inquiry into the basis of the claims
as was probably proper. This morning
the firm we're met with inquiries from all
parts of the country and from friends N
Europe, regarding their condition, for the
story had not only been uelegraphed but
cabled. Damages will probably be sought
for the publication.