Daily globe., 1883-05-26

fresh rumors concerning the plans of the
bull campaign and reports of fresh acces.
sions to that side, including some heavy
capitalists whom the lithargy in the New
York stock market have driven to other
felds OF operation, started another panic
among the bears. who were eager buyers
OF everything offered. The market was
highly excited, and advanced \ to 1lc
over 10 O'Clock quotations. July touched
$1.174 and closed at $117. The call
sales were very heavy, aggregating 2,74O,-
| 600 bushels, of which 1,165,OOO we're of
July wheat. Holders were even more diff
dent about selling, else the transactions
would have been larger. The same local
operators who have been referred to as
leading the movement were
active to-day and absorbed a
great deal of wheat, Very little was doing
IN other than the speculative grade.
Flour was even more quiet than usual,
the higher and unsettled wheat market
making holders frmer in their views, but
keeping buyers out Of the trade.
Corn was more quiet on speculative &C
count, but the shipping demand continues
good. The feeling was little unsettled
and weaker. Receipts fair and foreign
advices indicative of dull, slow market.
Outside orders were not as numerous, and
the local speculative element did not man
ifest any indication to trade extensively.
The market opened at about the closing
figures on change yesterday, ruled weak
and declined 15@2lc below the
opening figures, fuctuated, and finally
closed 73G1 &c lower than on change yes
terday, but regained this loss on the call,
when there was an active inquiry. The
warmer weather exerted an unfayordble
influence and early there were free sellers.
Oats were considerably depressed and
prices were lower. The larger receipts
and easier market had an unfavorable in
fuence. To such influence may be at
tributed the liberal speculative offerings.
The sample offerings were also so largely
IN excess of the demand that a good many
oats had to be carried over, notwithstand-
ing decline of 192c in prices being sub
mitted to. The market for in store oats
was about 118c lower. The dullness in
sample lots during the past two days has
caused decline so that little and in some
instances no premium over in store prices
could be obtained. In the speculative
market the feeling was dull and depressed.
Speculative demand light from the open
ing, and prices declined 11Sc for near
futures, with hardly any reaction. Late
in the session the market ruled quiet and
closed Is &c over inside prices. The de-
ferred futures were 4g$8c lower. A
trifie better tone was established in the
afternoon. There was quite rush to sell
to-day. The prospects for the growing
crop are considered bright, and this has a
bearish influence.
Rye was quiet and slow, and the market
little disposition to trade, and in the morn
ing lower prices were accepted for cash.
In the afternoon sharp rally was brought
about, June and July selling 29215c high
eT, and for time some interest being
taken. The sales, however, were small,
only 5000 bushels of the June future and
10000 of July.
Barley was dull. Sample lots have been
carried along from one day to another.
Holders had to order consignments in
store to save demurrage. Demand con-
tinues very light. The stock OF barley is
reduced to $4,000 bushels, which is a small
quantity. Still there is a large stock of
malt. About $4,000 bushels of malt was
badly damaged by fire and water last
night, but this did not visibly affect the
market.
A good speculative business was report
ed in the market for hog products, but the
feeling was unsettled and weak and prices
ruled lower on all leading articles. The
offerings were large for future deliveries.
Shipping demand very light. Eastern
markets were easy and prices favored
buyers. Receipts of product were fair and
shipments liberal. The offerings of mess
pork were rather free and the demand
quite active. Prices were on a declining
scale, and on the whole range receded 20
@25c and closed steady. The demand for
lard was fairly active and the offerings
rather free. Prices were weak during the
greater portion of the day and declined
591Oc, and closed steady at the reduction.
Pork brought 5@71ac more during the
afternoon and lard ruled steadier. Hogs
were a shade frmer to-day, but the market
was quiet, although 12,5OO were received.
The arrivals continue to show marked
falling of from last year. They will ag-
gregate about $4,000 for the week against
10000 for the corresponding week last
year, while the receipts for the month up
to this evening have been only So, 500 head
against total for May last Of $4,000.
NEW FORK.
ISrac;ol rrn;o.rn,-, q ia C1.l.o