Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-12-02
LITTLE DISPOSITION TO TRADE.
The Bulls Confident that Range OF
Higher Prices is in Store.
MORE ACTIVITY IN WALL STREET.
The Vanderbilts the Chief Feature-An
Assault on Oregon.
CHICAGO.
Especial Telegram to the Globe. I

weaker and lower. Early in the
| day quotations for cereals advanced about
Mc,but later on slumped off under the infu
sncs OF l5 confines in French rates, which
Is looked upon as evidence of the probable
| settlement of the complications between
France and China.
In the wheat pit there was fairly &C.
! tive business and prices were irregular, but
generally weak, and at the close December
was lie lower than yesterday, January lie
lower and May lie lower. At the opening
prices were about Ic lower than they
closed at l o'clock yesterday, ruled firm
and sold up irregularly about La 10. At
this point pressure to sell became notice
able and gradually increased, when buyers
began to reduce their bids and
prices gradually fell about 1910
from the highest point, changed
some and closed easy. The foreign ad-
vices were unfavorabIe.
In the corn pit trading was fairly active
and the market weaker. Deliveries on
December contracts light, foreign advices
were favorable, and receipts showed only
a slight increase. but there was more de-
sire to sell, hence the reaction. Prices
declined about 20 from outside prices
and closed about lc lower for December.
5sc lower for January and 20 lower for
May than the closing figures on 'change
yesterday.
In the market for oats weak feeling
prevailed. The speculative demand was
meagre andthe shipping and consumptive
demand has been light ever since
the late advance in prices stated. To-day
the turn to weakness of the leading mark
cts decreased the speculative offerings, and
there was q heavy market, bearing prices
down 58@1ac as compared with yester-
days closing. A weak sample market,
causing many consignments to go to store.
Sample trade slow ana market weak.
Rye was weak and easier, with a decline
OF 11ac Arrivals larger. Liberal deliv-
cries we're made on December contracts,
and in some instances the longs we're re-
alizing. Demand very moderate; ship
ping orders scarce.
Barley was very dull and weaker, and
the speculative market in particular
It was said that most De-
cember contracts had the
barley delivered on them. This brought
some cash; though not much, but it gave
the market weaker tone and buyers
held off. No. 2 sold sparingly. Sample
lats were quite dull and there is still no
ticeable an Indifference about buying on
the part of consumers and shippers. The
receipts to-day were quite liberal, making
sample lets more plenty and causing
weakness.
The flour trading was light and sales for
ths week less than usual. The market has
not responded in the least to the activity,
and higher prices for wheat and other mar
kets Oh Change. The fine family
and bakers brands were steadily
held, but shippers are out of
the trade almost entirely to the extent of
hardly looking at some samples. Rye
-four dull. Buckwheat -four slow and
bran and all millstuffs were Infringing full
prices and in light supply.
In provisions trading was not so active
to-day. The offerings on speculative &C.
count were quite liberal in view of pros
pectiye large receipts of hogs during the
coming week, while the demand was not SO
urgent. The shipping inquiry was active
and trading showed little improvement.
as sellers were little more inclined to
meet the views of buyers. Eastern mar
kets were easier with trading light. The
deliveries on December contracts were
moderate and mainly Of mess pork,
The receipts of product were quite liberal,
and the shipments were large of all kinds
and widely distributed.
good business was reported in the
market for mess pork, but the feeling was
unsettled and weak during the greater
portion of the day. Prices opened rather
easy at log 15c decline, which was followed
by further reduction of 10@1215c. Later
prices rallied 10@1215c, but during the
latter part of the session receded again %
$500, and closed rather tame. The ship
ping demand was comparatively light.
The inquiry for lard was quite active
and the offerings liberal. Prices ruled
somewhat irregular and on the whole range
declined 20@25c per 100 pounds, and
closed rather tame. Shipping demand
moderate.
In the market for short rib sides the de-
mand was moderately active. The offer
ings were fair. Prices ruled weak during
the greater portion of the day and receded
2o@ 25c per 100 pounds and closed COM
parstively steady. Cash lois in moderate
demand.
No. White oats arriving on track
yesterday were placed in store and sold at
the same price as No. 2 mixed. The ship
ping demand was very tame and the large
stocks east were quoted az reasons why
buyers on the seaboard should not be
anxious to pay the Sc advance in freight
rate.
The November corner in corn was not a
huge affair after all, and they say
it was unprecedented, No de-
faults were heard of, and the
corn delivery will probably be sent round
to-day on year contracts.
Nebraska people were free sellers of May
corn in this market yesterday.
Tho ruuor that tba Hase1an 41v hod on