Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-12
WHEAT AGAIN SLIGHTLY LOWER.
Corn Firmer and Frifle Advanced Over
Wednesday,.
THE GOSSIP OF THE TRADE.
The Wizards and Northwestern the
Center Of Activity in Wall Street.
CHICAGO.
Especial Telegran to the Globe: ]

and dull in provisions. Flour was quiet
and slow, and trading has been light for
some time, with a fair call for nearly all
| qualities, but light offerings and quite a
firm holding was preventing any great
business. The home trade were picking
| up the better family and bakers brands
and paying fully previous prices. while
shippers and exporters were looking about
and buying the low to good shipping
grades when they can be had within this
limit. Rye flour was quite dull. Buck
wheat -four was scarce. Bran and all
millstuffs were going out more readily and
bringing firm prices.
| Wheat was active and somewhat irregu-
lar, though fuctuatiny only about 1o dur
ing the session, and at the close November
was about Z C lower than at o'clock yes
terday, December about 1{c lower, and
May 18c lower. At the opening there was
some weakness caused by some large lots
| being thrown on the market, and sales
we're made at decline Of 10 from yester-
days closing, ruled tolerahly steady for
time, but finally frned up, req or5 that
the Spanish minister had been recalled
from France causing a good deal of buy
ing and an advance of 1o from
the lowest point t1ok place.
The report, however, vas soon contra
dicted, when prices weakened, falling of
! q c, improved trife, iuctuated some and
closed rather cas-, On the regular board.
On call the offerings were rather free and
prices steady with sales Of 7I5,000 bushels,
mostly of December. Foreign advices
quoted a dull feeling. The advance
brought out rather free sellers, due par
TALLY to the reported increase of over
| 100000 in the visible supply. The re-
| ceipts were little smaller and shipments
light. At the sans time large operators
were selling and everybody was surprised
that bad break did not occur. Lind
blom and other local traders made heavy
offerings. The bears are flush with victo
~. There are no indications of a bull
movement and prices are tending down
ward. The visible supply shows over
million and half bushels more than q
week age and over fourteen and a half
Corn was active and firm, October and
cash closing about 24c higher than at 1
o'clock Yesterday; November, 10 higher;
year, 1so higher, and May, % lower. At
the opening the feeling was weak, in sym
pethy with the weaker feeling in wheat,
but the receipts being light and wheat be-
coming tirmer, corn soon commenced to
advance, and October sold up &c from
the opening; November, &c; year, 15c.
and May, 15c, bat the feeling soon became
easier, the advance causing free selling,
and I@25c of the advance
was lost, prices then advancing
slightly, end closing steady.
A good speculative and fair
shipping business was transacted. The
receipts were little larger than yesterday
but considered only moderate and ship
ments exceeded the arrivals The visible
supply showed a reduction of about 600,-
900 bushels. On call corn was in moder-
| ate request and prices were steady with
| sales of 245,000 bushels, chiefly of Novem-
bar. Good buying was induced by re-
ports that the loadings in the country
were lighter. Local scalpers were the
| only bears. The indications are for high
er prices for tomorrow, and prices closed
on the curb 1sc higher than on call.
| Poole believes corn is none too cheap at
present figures and the general feeling is
one Of confidence in the market.
In oats steady, firm feeling prevailed.
| A fair speculative demand existed and
shipping orders were very good. These
/! features of the market being favorable,
| and there being lighter arrivals and the
leadizg market improved, the market was
| favorable to sellers and a shade better
prices were realized all round. On call
| $4,000 bushels May sold at 329321sc.
In rye about 1sc advance was established
n prices. The market was firm, some
/ shipping and a fair speculative demand
existed and favorable influence was ex.
erted by the irmness in other markets.
In barley, trading was lighter today
than for some time, the market lacking in
speculative interest and was generally neg
lected. This in store market was in
dStANC aAAA ASc1AAl AOLAAAoA. 4tOs Cdsn
would bring trife less than lately paid.
at the same time there was no special de-
mand for it. There were light sales by
sample outside Of choice Scotch. Futures
we're offered at former prices and shade
less bid. No. and all lower grades were
very dull. The instore market was nom
inal, but there were fair re-
ceipts and there was good
supply of sample lots. The demand was
less than heretofore, and buyers were slow
to take anything but Iowa and northwest
ern barley. Nebraska was found dull and
dragging, and while the general market
was easy the latter kind was dull and
weak.
Only moderate business was transac-
ted in the market for hog products and
the feeling was somewhat unsettled and
prices ruled with considerable irregularity.
Some articles were held with considerable
straight. while others exhibited an easy
feeling. The speculative inquiry was only
fair and the shipping demand was mod
crate and confined to smaller orders. For
eign advices showed no particular change
and the eastern markets were without ma