Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-19
Nothing Doing at Chicago Except in a
Speculative Way.
FLUCTUATIONS VERY NARROW.
a Sight Weakening in Prices in the
Entire List.
SOIE ACTIVITY IN WALL STREET
The Withdrawal of the st. Paul Road
From the Iowa Pool Announced.
ONE ACTIVITY IN WALL STREET
CHICAGO.
[special Telegram to the Globe. ]

CHICAGO, Nov. 17.---There was little or
no strength in the speculative list on
change throughout the entire session
though transactions were fairly heavy and
attended with good deal of activity.
great many small traders closed their
deals rather than carry over Sunday, and
these offerings depressed values.
In wheat there was moderately active
business today, but the feeling was gener-
ally weak and prices lower, December
closing about 78c lower than at l o'clock
yesterday and May go lower. The trad
ing vas largely local, and from the open
ing to the close sellers seemed to be in the
majority, and while the first business was
8itSin ga &c of the closing ct 1 O'Clock
Yesterday, there was weak feeling and
prices fell irregularly about Bc, rallied
tride, again weakened and closed rather
easy. Not many outside orders were re-
ceived and trading was chiefly local to-
day. Business was slow during most of
the session and the feeling tame and
weaker under rather fair offerings to sell
on the part Of some local operatives. Re
ceipts continue fair and shipments light.
Market advices from abroad were unfav-
CRADLE. Everybody seemed to have orders
to sell, bat buyers were scarce. Ream &
Baker were large sellers, Baker disposing
of one lot of 100000 May at 81. 04 which
was the only tlade at this price. The
lower thu market goes the weaker it ap-
pears. The slumpy feeling to-day was
mainly due to reports of large farmers de-
iIveries, but these rumors should be taken
with caution. Leading operators who are
known as bulls were also selling freely and
the recent converts to the bull side were
not firm enough N the new faith to fight
well for it, but there was nothing panicky
in the market, however, and sharp rallies
may come at any time. The week has
passed with its bear influences that were
to break the market sail to pieces" and
&c decline is the sum total of the disaster.
week of fine weather throughout the west,
from foreign markets, a long list of,com-
mercial and mercantile failures and heavy
bear pressure all combined have produced
only so slight decline. Leading bulls,
therefore, now breath easier and take fresh
courage from the fact that the market
shows power of resistance against de-
preston which must evidently cause it to
sell for good deal more money.
Corn was active but lower, and at the
close November was about 7sc lower than
at O'Clock yesterday, December 80 lower
the year &c lower, January 81 lower and
May 35c lower. The first sales
were at about the closing
figures of yesterday, but there
were free offerings, and Influenced by the
weakness in wheat, prices very soon COM
menced to decline, and fell gradually about
&c, changed slightly and closed easy. The
speculative offerings were fair. Foreign
advices were unfavorable. Ream and Baker
were heavy sellers and Lindblom was &
moderate buyer.
In oats an uneasy feel
ing prevailed and the market was rather
dull. There we're quite free offerings by
!ongs,and shorts also took advantage to Gov
or, and there was quite trade in this way
Other deliveries were quiet, and soon the
general trade became stagnant and dull.
Car lots of No. sold sparingly. Offer
ings were small, and the demand light and
entirely speculative. There was fair sam
pie trade but the demand was not so brisk
as it has lately been. The market was q
tritie easy and yet not materially changed.
In rye the demand was limited and cash
offerings small, owing to light arrivals, and
cash in consequence not materially
changed. There were fair offerings of fu-
ture deliveries, however, especially the
longer futures, and for these there was
slight decline.
Barley was quiet and steady. The de-
mand was about moderate and not urgent,
but so that all grades in store could be
sold at firmer prices and choice samples
were.fsir sale. Common grades were still
neglected, however, and quite dull. A few
sales were made by sample.
In the market for -four no change was
noticeable other than a more dull condition
IL anything, with little call Tor any grade
or quality either for home consumption
or shipment. The stocks are
light and dealers holding firm
for fine family and bakers brands, but all
shipping stock was dull and the low grades
selling on forced sales. Bran and all mill
tufts were holding up we'll.
In provisions trading was less active,
and the feeling was easier and prices
averaged lower. The offerings on specu-
lative account were fair, but the demand
was less active. The inquiry for shipment
was moderate and buyers were less anxious
TO take hold except at concessions. Foreign
adviees showed a little more strength in
that quarter, and lard and bacon
were quoted higher. Eastern
markets we're quiet and the
shipments unusually heavy. The receipts
of hogs were fair and selling at about
former figures.
In mess pork the offerings on specuIa-
tive accounts were fair but the demand
was less active and the market was weaker
and prices receded 10e15c on the whole
range, and closed quiet at medium figures.
The shipping inquiry was rather light.
Only moderate business was transact
ed in the lard market. The offerings