Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-04
SOME ANIMATION IN WALL STREET
GO0d Rise in Northern Pacific-Cen-
trail Pacific in Demand.
EETrEGn
Especial Tslegram 70 the Globe

uInuefeu Dy the SlOppage or Geographic
communication; hence the demand slack
ened before the close of the day, and pric-
es receded somewhat. During the open
ing hours they ruled stronger higher, and
all grains ended the day with yesterday af-
ternoon's weakness wiped out and slightly
above the price current at the close of the
regular board trading. Provisions opened
weak, bat gained strength later.
In the wheat pit, there was but limited
business, the cutting of all the telegraph
wires except Western Union disengaging
communication with outside points, caus-
ing delay in orders from outside parties.
Early sales were at &c decline from the
closing at l o'clock yesterday afternoon, and
early the same as it closed on call yester-
day afternoon, became firm and gradually
improved Deceased off some, then fucuated,
though the whole change OF the day was
only q C, and at the close March was the
same as at O'Clock yesterday, April 16c
higher and May about &c higher. The
receipts were moderate and advices from
other points indicated an easier feeling.
Winter and spring were in moderate re-
quest and steady.
Flour continues slow, and the feeling in
the market was one of dullness, with little
home call and no great outside orders, and
trading was next 70 nothing for the day
Dealers are holding quite firm and above
buyers views, and particularly for tbs ex-
port stock that constitutes the bulk of
supply. Rye and buclzwheat -four were
O11iLa c1n mi e4,,4f-
good request and holding at firm prices.
Corn was rather quiet, there being
scarcely any business except in May.
Early in the session prices
were about &c below the
closing figures on change yesterday, but
ruled rather firm, gradually selling up &c
from the lowest point, but then weakened
and declined about &c, afterwards
fuctuated within narrow range, and at
the close March was &c higher than it
closed at 1 O'Clock yesterday, April abo ut
$sc higher, and May 35c higher. Car lots
of gilt edge No. 2 sold at 584@5815c.
Rejected was dull and weak. New mixed
also extremely dull. The prices of re-
jected and new mixed were governed large
~ by location. Trading was chiefly of
speculative nature, with light shipping de-
mand for the lower grades. The receipts
were fair. Other points reported an easier
feeling.
In oats an improvement was again wit
messed in the speculative market. Sellers of
future delivery were in light attendance,
and the offerings have been light for
few days. There was a fair demand to
some extent to provide for outstanding
contracts. The cash in store market was
rather quiet. There were only moderate
offerings. Car lots of No. 2 sold at 1870
which was &c advance. Sample lots were
rather quiet. The advance of the last day
or two has materially affected the shipping
demand, and the usual buyers were taking
only what they we're required to have. The
feeling early was easier, but improved
under pressure. Outside buying orders
were lighter, and there was disposition 10
sell the market down, but the parties hay
ing the deal bid prices up and helped by
the better corn market, steadier tone
was noticeable for the latter part of the
day.
An improvement was noted in
rye. The market was quiet,
but cash sold higher and a
slight advance was paid for the longer
futures. Sales were next to nothing.
Barley continues dull and Hfeless, with
no speculative market and little doing in
samples.
The market for hog products opened
rather weak and prices ruled easier on all
the leading desert ptions,w while the offerings
were liberal. Later, however, the market
exhibited more strength and the demand
was more active, especially on speculative
account, accompanied with a moderate ad-
vance in prices. Shipping demand fair
Foreign and Eastern adyices show no ma
terial change. The receipts of product
were fair and the shipment of all kinds
liberal.
The inquiry for mass pork was fairly
active, and the offerings not very large
Prices ruled 215@5c lower early,
but rallied 1215@15c and closed
steady at an advance of 1O@12bc. Cash
was in fair demand, but the trading was
mainly in the May future. The offerings
of lard we're quite free, and the demand
fairly active. Prices ruled 5@715c lower
per 100 pounds, early in the day, but raj
lied again 1O@1215c per 100 pounds and
closed steady; cash quite.
But 1000 hogs were received to-day.
Good grades were active to the extent of
the supply, and frmer. Common grades
dull and lower. The inside price paid was
$3.50; the outside 1915. Packing opera
tions at the stock yards have progressed
quite favorably the past week, especially
when compared with the corresponding
week last year. The majority of houses
are closed or running only spasmodically,
killing one day and cutting out the next.
The manufacture was, at most, entirely
of meats. The season for the manufac-
ture of regular mess pork is closed, but
some of the light descriptions are being
produced, there being a moderate inquiry
for prime mess and extra prime. The lard
yield is an average.
a fair degree of activity was noticeable
in the market for hog products during the