Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-19
The ManipulatOrs OF the Chicago Market
Toying with Their Victims.
A DAY OF VARIABLE PRICES.
The Bulls Using Every Device to Draw
the GreenhOrns Into Their Pasture.
WEDNESDAY PRICES MAINTAINED
Al Weaker Feeling in Hog Products,
but a Steady Demand and
Coed Business.
WEDNESDAY PRICES MAINTAINED
10 CERTAINTY AS TO THE FUTURE
The New York Stock Market Animated,
and Good Rates Obtainable.
CHICAGO.
Especial Telegram to the Globe. I

markets, corn and wheat were very irregu-
lar to-day. Both were very active and
fuctuated alternately above and below
yesterdays closing quotations on the
board, and both ending the day not far
from where they did yesterday. Rye at
tracted good deal of attention. appearing
to be like the grains more dealt in, in the
hands of bull clique. It looks as if an
epidemic of corners was being precipi-
tated, and all the markets would be in
volVed.
On the board wheat was active and sold
at higher range than yesterday, though
the trading was attended with frequent but
not very wide fuctuations,and at the close,
January was about &c higher than at
o'clock yesterday, February and March 115c
higher, April 56c higher, May &c
higher. Early sales were at some
decline from the closing figures at 1 o'clock
yesterday, but afterwards became strong
and sold up irregularly, 1870 on Febru
ary,115c on March, 135c on April, and l 115c
on May, afterwards eased off CITIZEN fuc-
tuated within a moderate range and closed
steady. January was quiet at about 38@15c
under February, the nominal range being
S1@IO115 and closed at about $1.O1. An
unusually large business was transacted.
During the afternoon a somewhat
easier. feeling prevailed and
prices were shaded q trife. February
cloced at $1O14@LO1s8 and May at
$1.O7%@1.O8. The business on the call
board was confined to the May option,
100000 bushels for delivery that month
finding purchasers. Winter was
in fair demand and held firm at prices
15c higher for No. red and unchanged
for the lower grades. Very little spring
was offered. The demand was quite mod
crate but prices held frmer.
Flour was in good demand and was held
firm. Exporters made some purchases and
sales, no doubt,would have been larger but
for the fact that shippers were unable in
some instances to meet the views of hold
ers, who were themselves rather 10th to
take ruling prices for the better grades,
while they have light stocks to work
from.
Corn was active and the feeling some
what unsettled. Early in the day trading
was on moderate scale, and the feeling was
weak, but later the speculative demand
became active, and the decline was recov-
cred. Shipping demand also good for the
lower grades, and prices for these ruled
higher. Receipts fair, and market advices
from abroad indicative of a stronger
feeling. Early in the day prices declined
to point 24@1c below the closing figures
on change yesterday, then rallied 24@1c,
fuctuated, and finally closed about 115c
lower than the closing figures on change
yesterday. No.2 was in light demand,
and sold at 644@644c, and closed at
6434c. High mixed same as No. 2. Re-
jected scarce, and sold at 4615@4619c,
New mixed, in good demand. January
was again in fair demand, and offerings
light, with sales at 64@65c, and closed
at CSC, opened at about 6415c,
selling to 64c, up to
65c, off to 6416, to 65c., fuctuated and
closed as above mentioned. On call the
inquiry was more brisk and prices were
so &c higher except for delivery this
month, which ended the day at 6415 a 64Mc.,
but almost nothing was offered at these
figures, the sales reported while they pre-
vailed being under 10000 bushels. Bnsi-
ness in the other futures was lively.
The latest returns made to the Illinois
department of agriculture, show that the
aggregate corn crop of the state for the
past year was ~179, ,471,727 bushels, which,
with the exception of the crops of 1881
1874 and 1873, is the smallest since 1869.
The average crop of the state for the pre-
ceeding ten years is 24,939,367 bushels, or
44,467, ,638 bushels more than the
late crop. The quality of the crop, except
in the southern portion of the state, is
much below an average. The corn acreage
| (7,371, ,950) of the state is some larger than
last season, and the yield per acre frac-
| tion larger. In the northern counties the
average yield of corn is two bushels less
| per acre than last season, and the quality
is 20 per cent. below the average. LaSalle
county produces twenty three bushels per
acre and a total of 5,849, $50 bushels, the
largest yield in the northern division of
counties. The corn crop Of the central
division is Is per cent. below the average,
and five bushels less per acre
than last season. Champion county gave
the largest yield, 4,844O16 bushels.
About II per cent. Of the crop was pro-
duced in the southern counties. The quail
ity of the corn in this division is per
cent. above the average, and the yield per
acre is thirty bushels larger than in other
portions of the state.
Oats were strong, and the course of the
market was shaped good deal after that
for wheat and corn. good speculative
business was done at about the outside
range of yesterday. Cash trading was re-
stricted on account of light receipts and
| small offerings, but for both in store and
sample lots prices we're q shade frmer.
No. sold at 3793724c, and other grades