Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-13
A STRONGER CLOSING NOTED.
A General Belief Among Dealers That
Bottom Has Been Reached.
THE DAY IN WALL STREET.
The Bad Company Into Which the
Younger Vanderbilt Has Gotten.
CHICAGO.
Especial Telegram to the Globe. |

fairly act but rather irregular in price,
fuctuating 'out l4c during the day, but
closing abo, &c higher that Saturday on
December, higher on January and 75c
higher on May. The market opened
tri1e under Saturdays close, sold up some
then become weak and declined 38@15c
but finally frmea up, tins demand beeom-
ing quite brisk and prices advanced. about
1Ic from the lowest point, weakened
some but closed steady. The advance was
due to the frmness in corn and provisions
together with the fact that operators bad
figures on larger receipts on wheat than
was posted Foreign adyices without
special change. The late sharp advance
has demonstrated that wheat can advance
even when the bulls try to prevent it and
the bears have less courage and less money
than they had. Hence the strength of the
pts are expected to increase and this
may delay the advance. Vessels were en-
gagged TO carry q, ,0Oo bushels, while 90O,-
900 bushels were shipped from New York
this week. On call the demand was
quite active and offerings rather free.
Prices rules a tride higher. Trading was
principally in the January and December
options.
In corn q good speculative business was
transacted and the shipping demand was
moderate. The feeling was strong, with
not much desire shown to sell. The re-
ceipts were larger, but the few shipments
make operators rather reluctant about
placing large lines of shorts, as with light
stocks in store the market might
easily be manipulated. The weather
is cold and more seasonable
and moro favorable for new corn. Prices
Auotuated within range of 56@I5c, and
closed 3$@5sc higher than Saturday.
Corn is not so buoyant as it was, although
somewhat higher than Saturday. The cold
weather is favorabs to gathering, saving
and marketing corn, and will aid in swell
ing the receipts of contract corn this year,
but may be sufficient to seriously disturb
the bulls position. The chances seem to
be in favor of better prices. Vessels were
engaged to carry $4,000 bushels. On call
the demand was very active and prices
very active. Trading was principally in
January and May.
In the market for oats speculative trad
ing WAS of quiet order and the market
was dull, but firmness in other cereals
served to keep the feeling steady and
prices remain about the same as at Setur-
days closing. Cash No 2 was quiet, and
offerings light. The demand was mainly
TO make up round lots. Prices were un-
l. -,
supply, so that there were a good many
oats pressing on sale. A good
demaud however, existed. There was
liberal trade with no important change.
On call oats were fairly active and prices
. shade higher. Trading was principally
ia DocomAer and Nay.
Ia the market for barley futures of No.
we're q shade firm aud sold 20 higher
This was the only real change in the mar
ket. Cash No. was quiet with limited
offerings and also bu; little demand. No.
in store and ali grades No. > offered
almost exclusively 10y sample. This trade
was the same rs II had been for days.
Cousigumeuts of bright and heavy barley
were IN good request. Light body and
stained very dull
Rye WAS dull and easy. Cash sold the
same rs Saturday. The demand was light
and purely speculative. Prices were
maintained on account of wheat being
better. Futures were easier. Samples
quiet and dull. On call rye was in fair de-
mand and prices steady, trading being
confined to January and May.
In the market for -four quiet trade
was noticeable and light selling. Still
the feeling WAS one of considerable frm-
ness and all the better brands were Quoted
fully up to previous prices. Home dealers
wero looking about but buying little, while
shippers have more or less orders, but
cannot find suitable brands to supply their
wants. Rye and buckwheat flour were
quite dali Bran and all uRillstuffs firm.
In provisions, under the influence
of good receipts of hogs
and higher prices the market
opened quito strong, and prices were ad-
yauoed materially on all the leading spec
ulative articles. The demand from shorts
was quite active ana increased the number
of outside orders to purchase. After these
were provided for less activity prevailed,
and prices gradually settled back to medi-
um figures. Toward the close the market
ruled with considerable steadiuess. The
shipping demand was fairly active, but the
limited offerings and the
6rmuess of sellers tended TO
check business to some extent. Foreign
advices show an unsettled feeling in that
quarter. Quotations were reduced 1s on
pork and advanced sd on bacon, while
lard was unchanged. Eastern markets
were stronger in a general way, and prices
more favorable to buyers. The receipts
of product were moderate, and the ship
meuts of all kinds liberal.
Considerable interest centered in the
market for pork aud trading was quite
active. The offerings were free,
and the inquiry brisk at
times. At the opening the market
was Arm and prices about I0c higher,