Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-07-26
GETTING BETTER.
A Healthier Tone Pervading the Grain
Markets at Chicago.
WHEAT A TRIFLE STRONGER.
A Better Demand for Flour, but Stocks
at Low Ebb.
CORN AND OATS SOME WEAKER.
Provisions in Good Request With an
Upward Tendency.
STRONGER FEELING IN WALL ST.
Good Trading in Grangers-The Van
derbIlt Shares Improving.
CORN AND OATS SOME WEAKER
Provisions in Good Request With an
Upward Tendency.
STRONGER FEELING IN WALL ST.
Good Trading in Changers Van
derbIIt Shares Improving.
CHICAGO.
Especial Telegram to the GlobeI

CHICAGO, july 25.-Buslness continues
to pick up slowly, and with the increase
some higher prices. There is no particu-
lar change to note in the Geographic situa-
ton. Commission men state they are re
ceiving more messages, but slowly and
irregularly. The Postal Telegraph com
pany opened an Office on change to-day,
which will tend to relieve the other COM
panies. Its effect was noticed in business
with New York. The Milwaukee chamber
of commerce to-day passed unani-
mously the resolutions quoted yesterday,
and the Chicago board, through its direc-
tors, has also asked the Western Union to
take steps TO open the deadlock.
The public grain and stock exchange
was compelled to suspend business to-day
until the strike ends because they ordered
their operators to take the place of West
ern Union men on the board of trade last
Saturday. As all we're members of the
broth 9rhood they refused and were at once
discharged.
Wheat opened at about yesterdays
prices, but under an advance of Is per
quarter in English markets, unfavorable
weather abroad and a general feeling
among operators that the situation would
warrant a higher range of values, a
much stronger feeling was induced.
Shorts were anxious buyers, and quite a
good degree of activity was witnessed
Trading was somewhat spssmodic. yet
there was more doing than
on any day since the telegraphers'
strike, and the business transacted aggre-
gated large volume. The telegraphic
service was also more satisfactory, and OPP
orators experienced less difficulty in COM
municating with their outside customers;
hence there was something of an increase
in the number of outside orders received,
though as on former days of the week, the
bulk of trading was on local account. The
feeling throughout was firm, the activity
displayed strengthened the market, and at
the close prices were 1@1l4c higher than
yesterdays closings. September was the
favorite month with traders. The days
transactions covered a range of IL q Is c.
There were ffty-tve cars inspected III to-
| day, of which nineteen were new wheat,
and $1,000 bushels were ship
ped out. August closed at
81. O35 and September at $1.O51a.
Shrewd traders regard the market just
now as being on very healthy basis, and
! think higher prices probable.
In the -four trade q stronger feeling was
noticeable. The market showed some
Improvement from the past depression.
Home buyers were looking after the finer
family baker brands, while shippers and
exporters were bidding more than hereto
fore for the qualities suitable for their
trade. Stocks are light and this is re-
stricting business and makes it difficult to
fill the orders now they are at hand. Bran
and mill stuffs were in light supply and
selling readily at fully previous prices.
Corn was a bueyant market to-day
under the influence Of heavy buying by
commission houses and local spectators,
as well as a continued demand by ship
pers. The market experienced a sharp
advance to-day. and closed strong at the
highest point of the day. The receipts
were not as large as expected, owing to
reported washouts on some of the western
roads. This served TO withdraw one of the
strong points the bears have been using.
and give bulls some chance to put prices
higher, which they were not slow to i'm
prove. At the close the feeling was rather
inclined toward higher figures, and if the
premium on cash corn does not have the
effect OF increasing receipts toe
much, higher prices will probably
be the rule. Shorts have
covered freely, and there is good de-
mand for cash. September was, as in
wheat, the favorite future. The feeling
was steady, the lowest prices being at OF
around the opening of business and there
were only few short lived and unimport-
ed reactions. At the close an advance OF
1Ic@1$8c had been scored, August be.
ing quoted at 5211S and September at 5124
There were 314 cars received and 100000
bushels shipped. The charters we're 335
900 bushels.
The receipts of oats fell off largely to
day being only "a cars, while $500
bushels were shipped away. Cash oat:
were in consequence scarce. There was
good shipping demand and better prices
obtainable. No. 2 white salable at 36t
in store. or at &c advance. There were NJ
offerings, consignments being all sold b!
sample, and for sample lots there was 1
good demand and firm market. The spec
ulative market was quiet and tame, will
fluctuations in prices small, and there wa
, no essential change noted. NORMALLY tn
, deferred futures were 15@ &c better, Blu
? July was unchanged.
, Rye was firm. Cash offerings wer
light, and the futures were generally hell
, higher. There were buyers at previou
prices for all deliveries.
Some speculative demand for Earle!
; existed. For new No. 2 September rs
,, was bid, or 1c over previous quotations
There was no disposition to sci
? manifested. Aside from this thu
market was nominal. The frs