Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-12
Corn Holds It's Own and Scores
Slight Advance.
WHEAT STRONG AND HIGHER.
February Sharing the Advance With
January Delivery.
STOCKS DULL AND BEARISH.
A Weak Spot in Northern Pacific
Common.
CHICAGO
Especial Telegram to the Globe. !

change to-day have been very unsettled
and irregular, although the fluctuations
were confined to rather small limit. The
actions of the big operators have puzzled
the army of small dealers, who are afraid
to take any decided steps in either direc-
tion. Handy'sa brokers have alternately
bought and sold large blocks. Trading
lately in both wheat and corn has extend
ed very largely into February, which
month, it is reported, will share with the
present the attention of the manipulators.
The rumor was started this morning that
cided to pocket his profits and retire. They
would amount to handsome sum if, as is
claimed, he has now an average profit of
six cents bushel on his holdings. This
did not receive credence sufficient to dis
turb the upward movement. Corn closed
firm at fraction better price than yester-
day. Wheat, also, during most of the day
ranged higher than yesterday. Rye showed
unusual activity and took quite a jump.
Oats were just trife weaker. Provisions
also easier.
In the wheat pit on the board the feel
ing was stronger and unsettled, and trad
Jag on the aggregate not as large as yes
terdsy. However, very fair business was
transacted. The receipts were again very
small, and this partially accounted for the
firmness. The market advices were also
encouraging. Prices early in the day
were A@1c higher than the closing fig
ures on Change yesterday, declined 5s@1c,
rallied trifle and finally closed about "a
@Hc higher than the closing quotations
on change yesterday. January was quiet
and ruled 3s@1sc under February. On call
an easier feeling prevailed. Most of the
advance was lost. In winter hardly any
thing was doing. The demand was fair,
but very little was offered. Spring was in
moderate request and ranged higher.
Flour was holding firm with
sufficient demand at current prices
to keep the market well cleared,
and more than usually steady. Home
buyers were purchasing rather literally
but exporters, for some reason, were not
so anxious to purchase as they have been
the past few days. The tendency of sellers
is toward better prices. In some instances
manufacturers of fancy brands have Or
dered their fours held irmer.
In corn trading was quite active and
prices ruled higher. The feeling, how
ever, was unsettled and prices somewhat
irregular. The receipts were small and
market advices from other points favora-
BILE. The market opened unsettled and
15@Ac higher, but the offerings to sell
were liberal and weak feeling
Immediately followed, prices declining
in all about 1@14c, excepting
for May, which declined about 10. The
light arrivals, however, again caused
stronger feeling, and with more urgent
demand prices rallied 3$@Ac, fuctuated
and finally closed about fc higher for
January, &c higher for February, and &c
higher for May than closing figures on
change yesterday. Trading chiefly specu-
lative. May has been favorite purchase
to-day and has held steadier than any
other option. On the board this morning
bhOAO Moo 1IfOAJ pOGlViOh III GI1IS NC
livery, which was very active and sales
ranged at 554@558c, with few trades
at 552c and at 5578 O. SIC, and closed at
55$5c, opened very unsettled and prices
varying widely in different parts of the
crowd, with sales made at 5535c and
trade or two in other parts of
the crowd at 2l@55B@ sec, but quickly
was offered at 555sc, and parties having
selling orders at over $500 found it i'm
possible to execute them, excepting few
instances, sold at ssh and then off to
55Ac, sold to $3.50, to 5514 and closed at
$3.50. There was no particular change in
this market.
Oats were firm but there was no essen
tial change. The market was rather quiet,
for the cash offerings were small, and the
speculative interest in the market has
waned somewhat. No.2 cash sold at 35Mc.
Sample lots were scarce and firm. There
was good demand, but orders in good
many instances were such that
buyers could not meet the views of
sellers. Near the close somewhat weaker
feeling prevailed, but it showed no increase
in the afternoon.
Rye was firm and about lie higher. The
demand for cash rye was only moderate,
but receipts very small and there were
no surplus offerings. The improvement
was largely due to the advance in deferred
futures, which we're in good request. No.
2 cash sold at Coo. Sample offerings. were
small. January was rather neglected
though quotably 1c higher, at Coo. Longer
deliveries in good demand and active at
an advance the same as above quoted.
February closed at Gle, May sold at 6715c.
Barley in store was nominal at soc and
No. was offered at soc. Both grades
were without demand and in
active, sample lots quiet, with
most of the tra3ing IN no. 3, and prices
were quotably steady and unchanged. The
receipts of barley were small There was
a fair business transacted in Inc market
for hog products,but the feeling Was some
what unsettled, and prices irregular with
in small range. Early in the day the
feeling was easy, and lower prices. we're
accepted on all the leading descriptions,
but the market exhibited more strength