Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-04-21
A Good Selling OF Provisions, and
Prices Slightly Easier.
THE BEARS HAMMERING STOCKs.
Northwestern ana Wabash the Chief
Points Of Assault on the List.
CHICAGO.
Especial Telegram to the Globe

Sa1OAGO, ApIll zO.-IH6 Hafh0I5 Oh
change were active to-day but very unset
tied. More reassuring adVices concerning
the winter wheat crop checked the short
demand and caused somewhat of a reac-
tion, prices ruling lower during the day,
but confidence was in a measure restored
in the afternoon and the loss of the morn
ing was pretty much recovered before the
close of call board trading. Corn was
destitute of individuality and failed to sus-
tain It's gain Of yesterday. Oats were dull
also and iifeless, but provisions continued
to show considerable strength.
On the regular board trading IN wheat
was active, and q portion of the advance of
yesterday was lost. The receipts were
small and foreign advices were encour-
aging, but crop reports generally were
more encouraging and weather favorable
Speculative operators manifested more
desire to realize, and parties
who were long, and had profits in their
trades, were more inclined to
sell. The market opened 34@1c lower
than the closing figures on the call yester-
dag afternoon, and then advanced about
12@Mc, but after some slight fuctuat ons
became weak under liberal offerings, and
prices declined 118@115c from outside
points, fuctuated and finally closed about
&c lower for May, SO lower for June and
&c lower for July than the closing fig
ures on Change yesterday. On the call
board there was an active request, and at
the close values were where they were at
L o'clock yesterday, or 35@15c better than
at the close of board trading. In some
instances little better was paid. Some
1,250,000 bushels changed hands, largely
for June delivery, although there was
quite an inquiry for year wheat. Winter
and spring, owing to the limited offerings,
were very quiet but steady.
Flour was quiet and sales light. Still
with a>steadier feeling in the trade, and
dealers are holding for a better rate and
refusing to sell unless about their prices
can be obtained. The home trade were
looking about and making bids, but ship
pers have not had their limits raised, and
1t was useless to show samples. Rye and
buckwheat flour dull. Bran and all mill
freely previous prices.
There was fair degree of activity in
the corn market to-day, and prices were
somewhat Irregular, being weak and strong
by turns, but fuctuating only about 1c,
and at the close May was about 1lc lower
than it closed at 1 o'clock yesterday,
and ~ lower than on call of June, dc
lower than at 1 o'clock yesterday,
and July &c lower. The market opened a
shade lower than it closed on the regular
board yesterday, was rather weak for a
time, but then became rather firm, and
sold up &c, but later under free offerings
and sympathy with the broken wheat, fell
off 115c from the highest point, recovers d
sharply and closed steady. On the call the
feeling was still unsettled, at first being
frmer but later falling back again. The
sales were but 100000 bushels, pretty much
divided between the May, June and July
options. A good deal Of unloading was
done to-day by speculative traders, and
the tendency is toward another weakness
unless wheaytakes another up-turn.
Oats were rather dull. Orders were light
and trading was hardly up to the usual
average, being Influenced somewhat by
the weakness in other markets. The feel
ing was easy but the offerings were not
large enough to cause any important de-
cline. Prices for futures remained well
within yesterdays range, though they were
easier than yesterdays closipgs. June
showed rather more strength than other
deliveries, and this future finally brought
premium over May, while at yesterdays
opening it was at discount. The cash
market vas dull and easy. Sample lots in
fair supply and were inclined to be weak,
but the best grades sold very fairly. The
feeling was easy. There has been quite q
little changing of May contracts to June
the last few days.
Rye was firm and prices a
shade higher than on the board
Thursday, although yesterdays after.
noon advance was not fully sustained
hereceipts were small. The offerings OF
cash and all future deliveries were exceed
ingly light, this having a sutaining effect
There were light sample offerings OF
barley, but holders found it dificult tc
make sales, for there was hardly any mar
ket.
The demand for hog products was active
on speculative account and the offerings
were quite free. In general way the mar
ket exhibited considerable strength, and
prices ruled firm within a moderate range
though extreme prices were not fully main
tanned to the close. Shipping demand
fairly active in the way Of small orders.
but the product was generally held above
the bids of buyers. Foreign advices indi-
Gated stronger feeling and led to an ad-
vance IN iard- but other
advlces we're unchanged The dis
patches from the Eastern markets
showed a steady feeling in that quarter
The receipts of product were fair, and
shipments moderate of all kinds. The in.
quiry for mess pork were quite active and