Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-17
The Chicago Markets Barren ofInterest
Yesterday.
PRICES GENERALLY STEADY.
A Good Selling Results in Slight De-
crease in Values.
THE VISIBLE SUPPLY OF GRAIN.
The Operations on Wall Street not Pc.
culiarly Interesting.
CHICAGO.
Especial Telegram to the Globe. I


CHICAGO, Nov. 16.-At the opening on
Change ne speculative list in produce vas
weak az 7lumpy as is generally the case
on Frlda. he demand coming principally
from loca. raiders. There was a liberal
selling moyement by longs, who we're
naturally anxious to get out whole.
Speculation was only fairly active. For
eign advices were quiet but firm. Yester-
days rumors OF decrease IN the visible
supply were corroborated when The official
figures we're posted, showing a decrease of
355 600 bushels in wheat and 100000 bash
els in corn, but the strengthening infu-
ences of this were very slight.
There was bullish un6ertone IN wheat
but it did not develop sufficiently to accom-
plish any great advance. This demand was
moderately active and a trifc irregular,
but generally easier, December closing
about &c lover than at 1 o'clock yester-
day, January 15c lower and May 15c lower.
The feeling was quite weak at the open
ing, selling down about 70 below yester-
days closing figures, but the decline
brought out a pretty free demand, under
which there was q reaction of about &c,
but again fell to the lowest point of the
day, changed some and closed rather easy.
The market was governed mainly by
homo influences. Foreign sdvices were
quoted quiet and prices steady, and pri
Vate cables later in the day reported
an easier feeling. The receipts were
fair and the shipments light. Everybody
a. haI -, L.
bility of an up turn in wheat the next six
ty days, and hence there is no pressure or
disposition to sell anything. Nobody
cares to be short now, but are waiting for
the bulge to sell on.
Ia the wheat pit to-day Lester bought
heavily, while the Adams crowd were the
largest sellers. On call the demand waa
brisk and offerings liberal. Prices ruled
shade lower and trading was principally
In the December and January deliveries.
Corn was rather quiet and prices unusual
ly steady, the whole fluctuations of the ses-
sion being only about 38c and
at close seller November was about the
same at l o'clock yesterday. December
about Il O lower, the year 1ao lower aud
a II
lower. There was fair shipping demand
and q moderate speculative business was
transacted. Liverpool advices quoted corn
easier and the receipts were little larger.
The shipments, however, were liberal and
the irmness in provisions assisted in sus-
tanning prizes. Holders seem to be wait
ing for the market to advance, but don't
nj IN huv ii
would benefit trade, which is sluggish.
Vessels were engaged to carry 100000
bushels. On call the market
was only moderately active and
prices showed little change.
Trading was principally in the way of
option.
In oats there was a good sample trade.
In fact all the shipping and cash business
was done in this way. The market was
firm and consignmsut5 were disposed of
in q very satisfactory manner. The regu
lar or in store market was not so favor
able. There was little doing in specu
latiye way, and the tone of the market
showed weakness. On call the demand
was moderate and prices steady. Trad
ing was confined to December and May.
Rye was dull and generally neglected.
Cash trade was light and the
longs were holding steady There
was not much change in the specu lative
market, and at the same time feeling of
dullness prevailed. On call the market
was in fair request and prices were steady.
Trading was pretty evenly distributed
among the options.
In the market for barley there was fair
demand, said to be partially on shipping
account. The stock in store is csntered in
few hands and is held firmly, and as the
arrivals Of the grade continue the offerings
we're very light. A firm Feeling
was noticeable. Only the best grades
could be sold with any readiness
while common quotations were very dul
The premium over in store prices seems
to be gradually becoming smaller.
In flour a very quiet msrks. was quota
ble and sales for the day we're particularly
light, with the home trade buying but q
limited quantity OF better family and
bakers brands, but shippers were slow to
purchase and little was doing on shipping
or export account and it is said lower
price would have been necessary to bring
about business. Rye -four was slow.
Buckwheat -four was slow. Bran snd all
millstufs were dong wsll and selling at
firm prices.
EIn provisions the market exhibited coz
siderable life to-day and trading on specu-
lative account was unusually heavy. The
receipts of hogs were liberal but the de-
mand was active on packing account and
prices logl5c higher per 100 pounds,
wh'ca e1e-ted considerable influence on
the course Of the market. The weather
continues cold and favorable for packing
operations. Shorts were quite anxious to
provide for their outstanding contracts
and the competition for the offerings WAS
brisk at times, more particularly
for the more deferred dsliva-;.. p