Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-09
WIDE FLUCTUATIONS IN GRAIN.
Both Bulls and Bears Frightened OF
the Exchange.
PROVISIONS SOMEWHAT LOWER
Transactions On Wall Street Conducted
on Limited Scale.
CHICAGO.
Especial Telegram to the Globe. |

to7day's markets to arrest the speculator
to it, but good deal to keep him away.
1t was not day of marked victory for Ell
ther the bulls or bears each being alter
nately on top and on the bottom. The
opening was lower all round in spits Of
tirmerscables to the board and special cables
giving quotations about Id higher. As a
whole there were more sellers on the floor
than buyers.
In wheat at the opening there was a
general desire to unload the heavy pur-
chassrs OF yesterday without too much loss
which rush had q lowering tendency on
values. Throughout the best portion of
the day there was an irregular rise
and fall in the most of the
options within q cent, the close being
about firm at an improvement in the
longs. The market was active but unset
tied and irregular, showing some very
weak and strong spots during the ses-
sion, but was generally lower than yester-
day, December closing about 1870 less
than at 1 o'clock yesterday, January about
1870 lover, and Nay 1Ao lower. The
market commenced TO break yesterday af-
ter2oon, and this morning the first sales
were at 1c decline from yesterdays clos
ing. On the regular board prices ruled
weak and fell 112c, then became strong un-
der the active demand and firm ca5les,and
sold up irregularly 125c from the lowest,
but the advance brought out good deal
of selling and the market
broke 14c, afterwards fuctuated
within narrow range, and closed quite
weak. Some local balls were selling; in
fact, the old bulls have nearly all realized
and the bears have lost more money in
ten days than they made on the drop, be-
cause at 93c it was sure thing to sell it
and they put out big lines. On call offerings
were free and the demand active, though
prices were somewhat irregular. Trading
was principally in December and Janu
ary.
ICorn was less active. Influenced by fine
weather and the decline in wheat, operators
were disposed to realize. The shipping
demand was moderate. The decline start
ed yesterday afternoon on the
call, and this morning opening sales were
made at 35@1ao below the figures on call
yesterday afternoon, later rallied about q
@Mo for the various futures, again eased
of, fuctuated and finally closed 1c lower
for November, 1B911sc for December
and year, and l. 116o lower for May than the
closing figures at O'clock yesterday. Re-
ceipts were smaller and foreign advices
favorable. The visible supply showed
decrease of about 100000 bushels. No. 3
was in good request. On call the market
was moderately active. Prices for Decem-
Der and May ruled fc lover than on the
regular board. Tho other options were
unchanged. Vessels engaged to carry
468,00O bushels.
In oats on regular speculative market a
dull, easy feeling prevailed. There was a
marked falling of in the demand. The
offerings were not large, still weakness in
the leading markets exerted an easy feel
ing and bids were reduced. No. cash
sold at 18@4c lover, and there was 388
15c decline for futures. Sample lots,
however, were in good request, steady and
without material change. Ga the call the
demand was moderately active and prices
ruled l4c lower.
Rye was weaker. Car lots of No. 2 sold
the same as yesterday. They brought
former prices on account of small receipts.
Speculative market dull. Orders for buy
ing and selling were quite limited. The
market, in sympathy with shaded prices
for wheat and corn, receded from the late
advance to about the inside prices of yes
terday. A few cars of sample rye, consist
ing of rejected, were offered. On call
the demand was moderately active and
prices easier. Trading was principally in
the May option.
Barley Was very dull. A few sales of
cash and future delivery No. we're made
at about former prices. Buyers, however,
stepped ont, and the demand was abruptly
broken of leaving the market in dull
state. There were increased offerings of
futures, and longs were said to be closing
out. Cash in store barley in only moder-
ate supply, but demand light from all
quarters and market generally dull. No. 2
- NN~NS SSA~- SS-A-AsS-s' JULIET BEoGtS III
store nominal. The most important trade
By sample was the sale OF seventy five
cars to arrive. This was one lot of Mime
sofa barley, and all sold to local brewer.
In the market for -four a firm tone was
noticeable, and though sales were light
still the feeling was improved from what
it has been for the past thirty days, and
there is some disposition to advance for the
finer family and bakers brands, and to
hold shipping grades fully up to previous
prices. The home trade we're buying spar
ingly, while shippers have bought more
freely for the past day or two. Rye -four
quiet. Bran and all millstufs were doing
well.
In the market for provisions under
the influence of continued liberal
receipts of hogs, operators were
inclined TO increase their offerings for
future delivery, which had a tendency to
weaken the market early in the day. The
demand, however, was active, especially
for the more deferred deliveries, aud dur
ing the middle Of the session 8 ssaadier
feeling prevailed and prices rallied slight