Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-06-09
MAkkET MELANGE.
A Better Feeling in the Grain Markets
at Chicago Yesterday.
WHEAT A LITTLE MORE FIRM.
A Good Demand for Corn and Large
Transactions.
PROVISIONS A SHADE WEAKER.
An Active Business in Stocks on Wall
Street-GOuld's DOings.
WHEAT A LITTLE MORE FIRM.
ROYISIONS A SHADE WEAKER.
CHICAGO.
Especial Telegram to the Globe. |

Change to-day. and excepting in the pro-
vision markets, better prices were realized.
The volume Of business was hardly so
large as yesterday. The receipts were
large all around, there being inspected in
IS cars of winter and 10 cars of spring
wheat, 239 cars Of No. . corn, 81 of high
mixed and 325 Of lower grades, and 1,O75
cars of oats. Also 1000 bushels Of corn
and $500 bushel of oats by canal. Lake
freights are shade higher, Influenced by
the active demand for vessels, and the
moderate offerings, being to-day on the
basis of 90 for corn and 22Ic for wheat
to Buffalo and SC for corn to Kingston.
Railroad freights at SOC for
-four, sc for grain and SOC for provisions
to New York. The shipments reported ag-
gregated 5,241 bushels wheat, $500 corn,
and 1851 bushels oats, and the lake en-
gagements provided for the carriage of
268GOO bushels of corn and $4,000 bushels
of oats.
The wheat market was less active, being
rather quiet most of the day, orening
weak, but frming up later, and at the
close of board trading July was about the
same as at 1 o'clock yesterday, while
August and September were nearly I'M
changed. The first trading was at slight
reduction from yesterdays closing, ruled
weak and fell off 15@3Ic, but later in the
day dispatches were received announcing
heavy rains in Kansas, which was thought
to be unfavorable for the wheat crop, or
calculated to put it in jeopardy, and prices
became firm, and advanced about &c from
the lowest point, changed some, and closed
tolerably steady. Prices were reported
without special change in New York, but
other Influences were adverse Ito sellers,
prices being lower in all ohe English mar
kets. There vas no shipping demand.
The weather was favorable for the crops,
and the news from the Northwest was IA
vorable for spring wheat. The receipts
were also large, and The small shipping de-
mand that existed was for non-sp speculative
grades, and trading during the morning
session was mainly between brokers. Yet
the feeling was steadier, and at times q
fair degree OF strength was shown, soma
claiming the so-caIIed New York crowd had
time prices fell below %113 for July.
The offerings vera also small, and tho
bears fearing that Inc bulls intend anoth-
er squeeze were not disposed to sell. On
call there was n good demand and 100000
bushels were sold at steady prices, and
100000 of this amount Was for July deliv-
cry.
The -four market Was without change
from previoue reports, there being quite a
light call for all grades and qualities and
the feeling was on9 Of particular dullness,
with the home trade not bidding at all for
the better GRADES and exporters and ship
pers are only taking limited quantity of
low grades, and having no buying or
ders for goodstock at near asking prices.
Rye -four was quite dull. Bran and all
millstuffs were going out only fairly.
Corn was active and stronger
under good shipping and
speculative demand. There was
however, no apparent reason for the
strength, tine receipts being much larger
than the shipments, the weather favorable
and crop reports showed an impro yement.
AS there was, however, less 4ffering and
the bulls were said to be buying TO force
prices up TO an unloading tis0re, values
closed on the board about IS; h:gner than
yesterda y. There was SOME weakness
early in tine da., and prices ruled lower
than yesterday. bHc later Jlara was an
active shipping demand. Rain was
also reported IN many parts Of The north