Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-06-01
Corn Maintains It's Own, and Gains a
Fraction Over Tuesday.
PROVISIONS SOMEWHAT WEAKER.
A FeatureIess Day on Wall Street.-The
Fall in Manitoba.
CHICAGO.
Especial Telegram to the Globe. !

Out Il livery dlInOuSn SpaSIQOu1C trading.
and very fair aggregate business was
done. The feeling was about as on Tues
day, the same parties being sellers to-day
as then, and the principal buyers shorts
and scalping spectators. Wheat ended
the day at q decline, corn at a small ad-
vance, oats stronger, and provisions trife
of. The estimate posted of grain in
sight was about as expected, and produced
no effect, 1t showed a decrease of 100000
bushels Of wheat, 100000 bushels of corn,
$4,000 bushels OF oats and 100000 bushels
each of rye and barley. The inspection
into store to-day of grain arriving within
the last forty -eight hours amounted to 81
cars of wheat 721 cars OF corn, POS of oats,
80 Of rye and % of barley. Some 443
cars Of corn graded No. and 95 cars high
mixed. 1t was stated that all that
arrived was not inspected. The
shipments from the scityI included $4,000
bushels of wheat and 45S,0OO bushels of
corn. Vessels were also chartered to
move 100000 bushels of corn. The settle
ment price for overplus lard, deliverable
on June contracts was fixed at $11.6215.
Truman Handy was expected here to-day
60 make some arrangement with his cred
itors, but again failed to appear. Rich
ardson, his late partner, is the sole occu-
pant of their ambitious Office at the Palm
er house, once one of the busiest places in
the city. He Is patiently waiting, but looks
the picture of crushed hopes.
The usual crowd of operators filed the
NH Nil [En 70 10
active speculative business was carried On
IN this market, and the feeling was some
what unsettled. The receipts were fair
and foreign advices quoted quiet and
steady markets, with fine weather for the
growing crops. As the opening market was
weaker and under free offerings, prices
we're Ia &c lower, then after some slight
fluctuations rallied about 1c early, to in
side figures, but later again ruled weaker
under free offerings, and prices receded
about 2lq1c below the outside range,
Auctuated and finally closed 10 lower for
July, Il c lower for August, and 35c lower
for September then on change Tuesday.
The inquiry was active and Offerings free.
On the afternoon call, SC less was accept
ed 10y sellers. Three-quarters of a million
bushels were sold. The final figure for
Nay wheat was $1.1338.
Corn was quite lively. There was q firm
feeling developed in this market, and
large business was transacted. Shippers
bought freely, and there was an active
speculative inquiry. The firmness and
increased activity was due mainly to the
recent unfayorable weather, and the heavy
rain and cold weather of the past twenty
four hours had the effect of largely increas-
ing the speculative demand, and nu-
merous buying orders were
received from outside points. Shorts
covered freely. The receipts were liberal
but did not appear to have any effect on
the market. Foreign advices were unfav-
orable. The market opened at about the
closing figures on change Tuesday, then
rallied % &c per bushel, fuctuated, and
finally closed about 5000 higher than
Tuesday. May closed at SEC. On the
call 100000 bushels changed hands. Bids
were generally Is under o'clock quota
tons and most sales were made on the
split.
The market for oats was frmer. There
was an active shipping demand, and the
market was well cleared of all cash offer
ings. Speculative demand was also good,
more particularly for June and July de-
iveries. Contracts for May seemed to
have been generally provided for. Prices
were frmer all round, but y cash,
June and July improved the most.
No. cash sold sc better. No. 3
white in good demand and about 15@1c
higher Sample lots we're ready sale and
frmer. There was quite an active trade
in June and July deliveries, butt Hay was
entirely nominal and the deferred futures
were quiet. The market ruled firm for
time, and June and July ranged 20 %c
higher. Late in the session the feeling
was easy, and 38@15c of this improve
nent was lost, while the longer futures
closed about the same as Tuesday. The
call sales were extraordinarily heavy, and
generally shade less than on the board,
100000 bushels of July changing hands
at 493s@4915c and 100000 bushels of
other futures.
There were quite liberal sales of cash
rye. The offerings were fair and there
was also very good demand, though late
in the session buyers had got their wants
about supplied and the market closed
dull. The speculative market was quiet
and slow. Early sales were made at about
former prices but the market weakened
and closed easier.
There were few sales of barley made
by sample, almost entirely on local &C.
count Prices were without essential
change. The market continues dull an d
neglected.
Under the influence of rather free offer
ings on speculative account and the liberal
receipts of hogs the past two days, the
market for hog products opened rather
weak and lower prices were accepted on
the leading articles. Later, however. the
feeling was stronger and prices rallied.
but closed with considerable easiness,
Shipping demand rather light. Foreign ad-