Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-25
PROVISIONS WEAK AND INACTIVE.
A Review Of the Week and the Trade Of
the Season.
ASCANDAL IN PORK UNEARTHED,
Anticipation Of a Better Business in
Stocks the PresentlWeek.
CHICAGO.
Especial Telegram to the Globe. ]

4
larger than on any day previous during
the week. Corn exhibited its usual weak
ness, but wheat evinced considerable
strength, easing off, however, later.
Trading in the wheat pitIwas active and
the feeling unsettled. Early in the day
the feeling was strong, and prices were ed
vanced lie per bushel, Influenced BY an
urgent demand, based upon the unfavor-
able tenor of crop reports from the
winter wheat districts. Later, however,
weaker and unsettled feeling was devel-
| oped, due to reports from Kansas, Mis-
souri,, Oregon and southern Illinois, which
reported rain in those sections, and also
to advices reporting indications of rain in
California. Under free speculative offer
ings prices declined lie, later rallied
about &c but again eased off, and finally
closed about 1Sc lower for May, &c higher
for June, and q &c higher for July, than the
closing figures on Change Thursday. On
| the curb after l o'clock some sales were
made 1s@Ac lower, but the last open
board sale of May wheat was $1.10I.
Winter wheat in some demand to-day, with
|
and prices we're generally higher.
Flour is unchanged. The concessions
asked by buyers are now in some cases
granted, and bran and mill stuffs show
signs of weakening. Hardly any business
| in this line was done yesterday.
Corn was very active, and prices again
lower. The feeling was considerably I'M
settled. Shippers bought fairly, out trad
| ing was chiefly speculative
! accounts the weather was
| five, the receipts were liberal, and the
pressure to sell was quite strong. The
market opened about &c lower, but prices
rallied 558c under a good demand, infu-
enced by the advance in wheat. Liberal
| speculative offerings, however, caused a
sharp decline, and prices fell off with nu-
merous slight fluctuations 1$S@14c for
May, and Is C for April below the outside
prices reached, then fiuctuated and finally
closed &c lower for April and 115c lower
for May than the closing figures on Thurs
| day. No. 2 was in good demand and re-
ceipts dated March II and since closed
about 90 lower. Receipts dated March Z
to 16, inclusive, ranged 1ac less, and round
lots of regular qUotable the same as
March. The lower grades in fair demand.
A fair demand existed for rejected, which
sold at 45@46c, depending on location.
New mixed in fair demand. High mixed,
quiet.
In oats the speculative trading
was lighter than usual. Prices
were shade lower than
the closing quotations of Thursday. The
market, however, ruled steady. Cash oats
were quiet and also easier. Car lots of No.
sold at 4Oc and round lots of regular at
1880. Sample lots in quite liberal supply.
They were in consequence a shade lower.
Consignments could not be sold. Future
delivery were about &c lower but quite
steady and trading comparatively light,
compared with Thursdays board prices.
Rye sold 1c higher for cash, and ranged
11a@2c higher for futures. Early in the
session,when wheat was irmer there was a
good speculative inquiry, but later the
market became quiet.
Barley was dull and neglected. Trans
actions were limited, and there were no
changes of account in the general market.
The market for hog products exhibited
a fair degree of steadiness early in the
day, the inquiry on behalf of local
aud outside spectators being
fair, and prices were moderately
well maintained. After these orders
were provided for the market weakened,
and prices receded to the inside range.
Shipping demand rather light. Foreign
advices showed quiet and weak feeling in
that quarter, and the Eastern markets
exhibited little change. The receipts OF
product were fair, and the shipments quite
liberal. The inquiry for mess pork was
moderately active, and the offerings were
fair. Prices were trihe higher early, but
during the latter part of the session a de-
cline of 1O@15c was submitted to, and
closed steady. Cash quiet and
steady. The inquiry for lard was good
and the offerings were fair. Prices were
easy and declined 5@71ac per 100 pounds
and closed steady. Cash in light request
This market exhibited considerable
strength early. The long futures were the
favorite deals with spectators.
Speculative trading in hog products ex.
hibited considerable activity during the
week Just closed, but the feeling was I'M
settled, and prices huctuated considerably
within moderate range, finally closed
lower On all the leading arti.
Giles. The shipping demand was
comparatively light and mainly on foreign
account for prompt shipment. The un-
dertone to the market in general way in
Dictated nervous and weak feeling, with
more disposition to sell than to purchase
for future delivery, being Influenced to
some extent by the depression manifested
in the grain markets. Besides this, par
ties have been carrying considerable prop
erty which had been purchased at higher
prices, and some of these oper-
ators were inclined to close
out their trades and accept their
losses, and this added to the weakness
and the downward tendency IN prices.
The accounts of product from the interior
were quite liberal, and the shipments are
reported good for the season of the year,
especially to foreign markets. Prices of