Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-24
Scarcely Anything Done in the Market
Yesterday.
NOBODY DISPOSED TO TRADE
Prices Maintained by Strong Effort
from the Bulls.
THE STOCK DEAL LEFELESS
Activity in Rio Grand Due TO the Gould
Effort to Control.
CHICAGO.
Especial Telegram to the Globe. |

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tabiish quotations. Foreign news was
depressing but lighter receipts at this
point counter5alanced that influence. The
fluctuations in grain have not exceeded
quarter Of q cent, and the close is not
materially different from the opening.
Provisions have been trife more active,
with the advantage with the bears. A de-
cline of nearly 25c On pork, of SOC on ribs,
and zoe on lard was suffered, although the
business done was light. Otherwise there
we're no features Of interest whatso-
ever.
The wheat pit ruled quiet throughout
the day. a quiet feeling again prevailed
in this market and prices which averaged
shade easier ruled steady, with fluctuations
confined within small range. But few
outside orders were received
and some Of these limited at
prices juss shade under the figures rul-
ing so that they could not be executed, al
though in soma instances a few trades
may have been made at the limits set.
Still trading was SO light some orders re
manned untitled. The receipts were only
moderate and the weather cool and fav-
orable for harvest work. Foreign advices
quoted cash wheat dull and cargoes heavy
and weather brilliant. Prices fuctuated
within a range OF &c and closed about &c
lower than yesterday. The charters to
day were 125,GO0 bushels. Winter wheat
was in free demand en- shipping account.
-no aiT,4- 0I1
somewhat restricted On this account.
The -four market was quiet and steady.
There was some demand from local job
bers for choice bakers and patent fours,
and these are ruling steady with
Ia tendency to higher prices.
Shippers are doing little, but few are now
being received, though at the same time
desirable shipping grades are rather
scarce. Low grades arc mostly wanted
for export and especially the better class.
Millers are advising their merchants to
hold choice family -four firmly, and in
some instances 25c above the views of
buyers.
The corn pit was more quiet and trad
ing dragged slowly during most of the
session. Shippers made some purchases
of rejected and high mixed. But the de-
mand for cash No. 2 was mostly specula-
tive and for the purpose Of filing August
sales. The speculative trading was light,
not many outside orders being received.
The feeling was easier. Early prices were
a shade better, ruling about 18@Ic over
the closing prices of yesterday, but later
prices eased off about &c and then ruled
easy for some time, and finally closed
quiet at about the same as yesterda y.
The weather was cooler and receipts trife
smaller. Foreign advices quoted corn
firm. No. 2 was in moderate demand,
chiefly speculative, and sold sparingly at
81 IS very early down later 10 sic and
closed at Size. The charters were 361,-
600 bushels.
Oats were dull and weaker. The ship
ping demand was inadequate to the cash
offerings, and the speculative demand was
also limited. An easy feeling prevailed,
and trade was dragging all through the
session. As compared with yesterdays
closing quotations prices ranged so &c
lower for near deliveries, and longer
deliveries were 15@4c lower. Sample
lots were slow, and the freight engaged
were but $4,000 bushels.
Rye was holding up we'll for cash and
the futures, and there was quite a good
trade for the day. The increased arrivals
were quickly taken at prices current. Yes
sci room for $4,000 bushels was engaged.
Barley was quiet and slow, with little
call for cash lots, and dull tone in the
speculative market.
Thera was very little business transacted
in the market for hog products, and weak
and unsettled feeling prevailed. The hog
market was weak and prices ruled lower,
while the reports from foreign and eastern
provision markets showed no material
changes. The receipts of products were
fair and the shipments of all kinds quite
liberal. The offerings on speculative account
were fair and the demand light. The
shipping inquiry was moderate and the
inquiry chiefly for small quotations. The
market opened rather weak, and prices
were on q declining scale during the
greater portion of the session and closed
rather tame. Only a light business was
reported in the market for mess pork.
Spectators were OF inclined to do much
trading, and shippers were favored with
few orders. The offerings were not very
large. The markets opened rather weak
at 211a @5c decline, and gradually receded
10000 further, and closed comparatively
steady al the decline. Cash in light re-
quest and quotable at $12.O5@12.15. The
offerings of lard we're moderate, and there
was 10 particular urgency in the demand
Spectators we're not doing
much and shippers we're favored with fair
or2ers. Prices ruled weak and declined
10000 per 100 pounds and closed steady
at the reduction. Cash in fair demand
and sold at $3.50.
Prices current this evening are October
pork $12 30 bid; October lard $40; Octo-
Der corn 5O4@5o38c; October wheat
$LO4N.
The feeling is weak and the tendency
seems to be downwards. It is probable val
ues will be somewhat lower tomorrow
unless some bullish influence intervenes
he 80