Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-11

1
Trading was mainly in the more deferred
deliveries. Foreign advices showed nc
material change in the quotations, ane
reports from eastern markets were little
more favorable to buyers. Prices exhibit
ed considerable steadiness for the nea1
deliveries, but the rather free offerings OF
the more distant deliveries caused slight
reduction compared with yesterdays clos.
ing figures. The demaud on shipping &C
count was fair in the way of filling small
| orders, but the difference in view OF
buyers and sellers tended to check business
to some extent. Pork was off 5@1Oc PSF
| barrel, and was quiet with only light
business done. The demand was light
either for immediate or future delivery,
and the market throughout ruled dull.
Cash was steady at October prices for
round lots, and car lots command a small
premium. Trading in the aggregate only
moderately large. Prices ruled with con-
siderable steadiness for the near deliveries,
but the more distant deliveries were SO loo
lower. Shipping demand was moderate
in the way of filling small orders.
On call pork wss in good
demand, at slightly higher prices.
with sales of 1000 bushels, chiefly Febru-
ary. Fowler & Armour control the market,
and say shippers are free buyers at present
prices. Lard was very quiet and steady,
and with the exception OF the October op-
tion (which declined 1O@15c) was without
particular change from yesterday. The
demand was relatively light either for spot
Or futures. Cash the same to fraction
over October. Only moderate business
was transacted. Trading centered largely
in the deferred deliveries. Offerings were
not very large, while the inquiry was fair.
Prices closed comparatively steady, and
were a trife easier. The inquiry for
shipments was rather light. On call
there was more activity, and prices were
q shade higher, with sales at $4,000
tierces, mostly November. There has been
savage battle between the Hutchinson
bulls and the Singer bears, and on call,
10000 tierces passed between them. The
boys got "old Hutch'' badly ratified, and
are trying to "down" him. In short rib
sides trading was somewhat limited, the
offerings small and the demand rather
light. Prices ruled easier and 2T@5c
lower per 100 pounds on the different de-
liveries. Inquiry for Shipment was mod
crate. On call, prices primed up, with
sales of 250,O0O pounds, mostly year.
At the regular weekly meet
ing Of the board of directors
the matter of telegraph quotations was
taken up and discussed at length, but no
conclusion reached, and it wes referred
back to committe to be taken up again
at the regular meeting next week. J.C.
Hately sent a communication ssto the di-
rsctorY asking permission to withdraw his
charge against the Star Union Transports
ton line. It was referred to the executive
committee for action. This Hately case,
il will be remembered, is the or.svhich
created almost as big rumpus in the
board of trade as the Fowler Bros. lard
controversy. The position the board took
in the matter caused the soliciting agents
of all Eastern bound railroads to be with
drawn from the floor of the chamber of
commerce, all the roads taking sides with
the Star Union line in its refusal to recog-
nize the!arbitrationlcommittee of the board
of trade as tribunal where they could get
justice. Lengthy committee sessions
were held, and column after column ap-
peared in the daily papers for and against
the subject. Mr.. Hately's back-down is
another warning against the futility of at
tempting to fight railroad combinations.
The Chicogo & Alton railroad has post
ed notice on Change stating they will
now receive grain orders for the Chicago &
Atlantic road.
Armour, Dale & Co., have offered 1 10
rebate on grain stored in their elevators if
it is moved inside of the time prescribed
in the conditions named in their receipts.
The memberships of II. S. Forbes and
Henry G. Reivs are osted for transfer,
and application is made for membership
by Albert G. Lester, Sidney B. Gushing and
Chas. G. Yoe.