Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-04-19
CORN NOT QUITE so STRONG.
Provisions in Active Demand and Bring.
ing Better Prices.
DEPRESSING DAYINWALL STREET
Several OF the Leading Stocks Off Their
BaSe-The Future Outlook Good.
CHICAGO.
Especial Telegram to the Globe !

market was quite feverish, did not lose
any of its advance to-day, but closed with
quiet feeling prevailing. Prices aver
aged higher and at l o'clock values were
higher than at the same time yesterday,
but on the call board this advantage was
pretty much lost.
On the board wheat was active and IN
settled. Numerous outside orders were
received and local operators also bought
freely. The receipts were smaller and
market advice5 favorable, but the chief in
fuence brought to bear on the market
was the Illinois agricultural report, which
showed that the condition of the winter
wheat crop was only 68 per
cent. OF an average. The mai
ket opened higher, but under very
free speculative offerings prices declined
about q q &c, but when the most pressing
desire to realize was over, the market
again rallied, advancing about &c per
bushel above outside figures, receded
somewhat, and finally closed about go &c
higher than the closing figures on change
yesterday. Shorts bought freely. Besides
a large amount Of wheat was pur-
chased with view to holding
for higher prices. On the call,
under liberal offerings, 4@1Sc of the ad-
vance was lost. Winter wheat was IN good
demand and frmer. There was a moder-
ate inquiry for spring, but little was
offered.
Nothing new can be reported concerning
the -four trade.
In corn only a moderate business was
transacted, and at times the market was
very quiet. Not many outside orders were
received, and trading was largely on local
account. The receipts were very small,
and market advices favorable, but in spite
OF these influences and the advance in
wheat, the market did not show much
strength. The market opened at about
the closing figures On call yesterday after
noon and under free offerings prices de-
clined 58@Yc, then rallied 15@58c, weak
ened again, and finally closed about 40
1sc lower than on change yesterday. No.
2 was in fair request and receipts dated
April 16 and since closed at about 53c
Regular receipts quotably about the same
as April and car lots shade less than
April prices. Corn was freely offered and
actively called for during the afternoon,
but board prices were not materially
changed.
The shipping demand for better grades
of oats was good. No. white offered by
sample sold well, then ruled firm. A round
lot was taken from store to be placed free
on board at 47c. Mixed lots on sample
market did moi sell so we'll, still they were
quoted steady. The cash in store market
was inactive. Former prices were obtain
able but no offerings noticeable. The
speculative market was rather dull. Trade
was slow and prices weakened to below
yesterdays quotations, the decline for the
principal futures being A@15c on the
board and a@ &c more on the call.
Rye was firm, prices 2@14c better
Receipts very small and very little cash
upon sale. Speculative offerings also very
light. Demand moderate and chiefly spec
ulatiye. Sample lots firm.
Barley was very quiet. There were no
receipts of consequence, and cash barley
was offered very sparingly. The demand
was also light. Shipping orders continne
limited. Local maltsters and brewers have
got more or less Of a stock of malt
on hand, and they are really not required
to buy, so they are doing very little.
There Is no speculative interest
in the market and trade generally is very
much neglected. Ia TIE absence of trans
actions only nominal quotations can be
given. Sample lots quiet. Lots offered
to arrive failed TO receive bids.
A decidedly strong feeling was developed
in the market for hog products to-day, and
an increased business was reported on
speculative account. Prices ruled firmar
and were advanced moderately on all lead
ing descriptions, and well maintained.
Offerings rather free. Shipping inquiry
moderate, and orders almost exclusively
for small lois. Foreign adYices were more
favorable 10 holders, and prices we're ad-
vanced 81 on lard. Eastern markets we're
stronger and prices more encouraging to
sellers. Receipts of product were moder-
ate, and shipment not very large. The in
quiry for mess pork was quite active and
offerings quite liberal. Prices were ad-
vanced so i0c on the whole range, and
closed With considerable steadiress. Trad
ing was almost exclusively on speculative
account, and the more deferred deliveries
attracting more attention. Shipping
demand rather light. Cash quiet and
steady. The demand for lard was brisk
and offerings were free. Prices ruled
firmer, AMI 2i@ G SO higher per 100 lbs.
and closed steady. The Improvement
was mainly on tie more deferred deliver
les, and carrying charges have been ms
terially increased. Shipping demand fair.
The afternoon feeling was still frner, lard
being we'll maintained and pork held
shade higher. Both were actively INQUIRED
for.
A somewhat better tone pervades the
hog market. The offerings were $500 ar