Daily globe., 1883-11-03
SMALL CHANGES IN THE CEREALS.
Provisions Trife Firmer in Response
to an Improved Foreign Demand.
STOCKS SOMEWHAT QUIETER.
The Bears Despondent, But the Bulls
Not Much Happier
CHICAGO.
Especial Telegram to the Globe.

specula;4 "a way, but the movement was
almost e>a'usively local. In the wheat
market there was good active business
and prices were strong early, though sub
sequently unsettled and at the close No
vember was about 14c higher than at l
O'Clock yesterday, December 14c lower
January 14c lower, and May 1Sc lower
At the opening the market was a shade
below yesterdays closing, but under g.
brisk demand advanced steadily &c. At
this point buyers Withdrew largely, and
the offerings continuing heavy prices
weakened and fell 3sc, afterwards
changed some aud closed easy. Trading
was chiefly local. The receipts were
larger and foreign advices indicative of
a better feeling early in the day, every
body selling and nobody buying and every
body was surprised to see the marEe Ead
vance. One local operator bought mill
ion bushels, and brokers identified with
the | eadiDg bulls sold it and the whole
scalpiDg crowd tailed on. The bears have
their lines out and the bulls are still timid
as the market has not yet advanced suf-
ficieDtly to sell out the large stuff. A
prominent taller remarked to-day,
81 find all long holders squ1rming TO get
out like eels from basket" On call the
offerings were liberal and demand quite
active, while prices ruled 6@4c lower
than on the regular board. Trading was
principally in the December option. In
the market corn trading was moderate,
and prices touched higher range, but the
advance was not fully sustained. There
was slight increase in the receipts and
the shipments were fair. Foreign advices
quoted an easier feeling for spot and
steadier to arrive. Shipping demand fair.
The corn market opened stronger and
prices advanced 4@35c, then declined
about 35c, fuctuated and closed about 16c
better than yesterday, excepting for May,
which was 18c lower. The amount Of con-
tract corn is less than q million bushels,
and November shorts are somewhat
anxious. Year corn is also strong and
we'll concentrated. Vessel, were engaged
to carry 100000 bushels. On call the de-
mand was fairly active and offerings MOI
crate. Prices frmer and 10 higher, with
trading mostly in November and Decem-
ber. Oats were firmer. Cash
and November trihe better and other
deliveries not materially changed. fair
speculative demand existed, and the offer
ings were small. December was quite ac-
tive early, bat after while the market
generally became quiet. There was a good
demand for sample lots. The offerings
were sufficient to go round. Prices were
tolerably steady with no important
changes.
Barley was quiet and dull. No. rather
neglected. There was less than the usual
speculative interest in the market.
Bids for cash were reduced
and even then buyers were
Indifferent. Offerings of No. ., however,
continue light. Sample lots are quiet
with few sales. Sample lots of bright,
plump aud heavy No. 8 barley were mod
crate, aud sales at about previous prices,
but considerable stained and light barley
continues to come in, and for this little
demand exists, the market being very
dull. Future deliveries are dull, little or no
demand existing. There were many offer
ings at former prices.
Rye sold at higher prices and held quite
firm until the close. The improvement
was due to light offerings and strength
in other markets. Speculative demand
was fair and to some extent from
shorts. There were but few shipping
orders. Rejected was slow while the poer-
er grades were quite dull in the sample
market.
The Hour market continues quiet and
there was little disposition shown to oper-
ate, with the Amer family and bakers
brands in light supply, and holding firm,
but for what is called shipping or export
grades there was little demand and no
great selling other than for the lower
grades, Rye -four was quiet and slow.
Bran and all milIstufs were holding firm.
In provisions considera BILE speculative
business was transacted, but mainly in
the more deferred deliveries. The ship
ping demand was fair, yet business was
cheol Al to some extent by the diff
ference in the views of buyers and
sellers an1 :he light offerings of desirable
lots. The stocks on hand snow q moderate
supp. VA oh NAANA' NNNSfNAhS Va NASSo kOA n
which is liberal. Foreign advices indicated
quiet feeling in this quarter with prices
favoring buyers and mess pork is quoted
Is lower. Eastern usrkets showed a little
more steadiness. rhe receipts of product
were liga. aud the shipments fair. The
market was stronger aud prices ruled high
er early in the dsy on all the leading
descriptions, bu s,adually settled back
again aud closed comparatively steady
Weather cool. The receipts of hogs will
be about 14l 900 head for the week against
So,ISi head for the same week last year.
Trading was fairly active in the market
for mess pork, but prices auctuated con
siderably within moderate range. The
offerings -rero tree and the demand auits
sctive. Inc ual7et opened stronger, 56
loc higher ana further improved 1oa
121sc, but gFsdv7lly receded again 1oa15,
and closed STEADY. The shipping demand
was fair in the way OF providing for small
orders. On call the demand was quit,
active and offerings free. Prices ruled