Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-16
A BETTER FEELING.
Grain in Chicago Decidedly Stronger
on Yesterday.
ALL GRADES GO UP A PEG.
A Good Speculative Market, but Little
Legitimate Trading.
PROVISIONS MUCH STRONGER.
The Trading on Wall Street Entirely
Devoted to Room Deals.
PROVISIONS MUCH STRONGER.
CHICAGO.
Especial Telegram to the Globe. !


CHICAGO, Nov. 15.-The situation on
| change to-day was somewhat improved
oyer yesterday in that the range was
slightly upward, though the market was
not strong. No very large lots changed
| hands. Foreign advices we're reported
firm but not active. Early in the day it
was an open question whether heavy re-
ceipts would:depress the grain market or
| the demand sustain it.
In wheat there Was a moderately active
business, but tho trading was largely on
local account, outside orders being rather
light and prices firm. December closing
about g c higher than at yesterdays close
January 7sc higher and May &c higher.
There was weak feeling yesterday after
noon, and the first sales this morning we're
at some decline from yesterdays closing,
but frmed and advanced irregularly about
cent from the lowest point, Influenced
chiefly by the report of a reduction OF
100000 bushels in the visible supply. On
call there was good demand and offer
ings we're rather free. Prices ruling 40
higher. Trading was principally in Jan
uary.
In the corn market there was only
a moderate business, but prices
were generally stronger, cash or
November closing about 3so higher than
at O'clock yesterday, December 3aSc high
er, the year 3Sc, January 1sc and May 3sc
higher. Early sales were at about yester-
days closing figures, but firmed up in
sympathy with the firmer feeling 10 wheat
and Influenced some by the reported re-
duction of 100000 bushels decrease in the
visible supply and sold up HG5sc,
changed some and clossd .atiiler firm.
The shipping demand was moderate. For
eign advices quoted an easier feeling. 1t
will soou lie cheaper for the New England
trader to buy corn at interior points
and save freights and other charges, go
leading traders look for some accumula-
ton. On call the market was moderately
active and prices steady. Trading was
principally in January option.
| In the market for oats stronger tone
was noticeable and higher prices we're rul-
ing for cash, and all futures in the specu-
iatiye mnrhet, win the trads Influenced
into buying by the firner prices in other
markets. Nearly the entire arrivals vent
to tue sample market. Samples
sold without any trouble, aud
at better prices than could be ob..ined in
store for all the better cars, and particu-
larly for the cars OF white. Oa call the
market was quiet and prices steady Trad
ing was confined to May.
Rye was dull, and lower prices ruling
for cash and all futures, with few buyers
for cash and more free sellers for futures
No 2 cash sold fairly bat all samples were
dull. On call ryewas in fsir request aud
prices steady The sales were pretty evenly
distributed along the line of options
In barley the in store market was rather
neglected. Little was done and prices not
much more than nominal. The arrivals
! were rather small and the sample market
! shows some improvement on account OF
the demand and offerings getting more
nearly equal. The better grades sold very
we'll and ruled steady, but common grades
drag.
In -four lifeless market is quotable,
with buyers scarce for any grade or quail
ity, and it was hardly paying to show sam
pies. The quantity on hand Is light, and
dealers were disposed to hold firm, and
while obtaining about the same rates for
the better family and bakers brands would
have to shade an order to sell to the ship
ping or export trade. Rye flour dull.
/ A. IL l-A
very slow. Bran and all milIstuffs were
holding firm.
In provisions quite a good business was
reported but the feeling was somewhat un-
settled and prices huctuated considerably.
Latter, however, the demand was little
more urgent, the feeling strong and prices
rallied again and closed with considerable
stsadiness. Foreign advices showed an
easy billing and Sd decline in lard, while
other articles were reported unchanged.
Eastern markets without material change.
The inquiry for mess pork was
fairly active and the offerings were
moderately large, with trading almost ex-
clusiyely for January and February deliv-
cry. The shipping inquiry was light. On
call there was an active demand and prices
ruled 211I95c higher. Trading was prin-
cipslly IN year and January.
A fair business was transacted in the
lard market, but the feeling vas somewhat
unsettled and prices irregular. Offerings
were fair early, and prices ruled 215@5c
per 100 pounds, but dur
ing the latter part of the
market was stronger and prices rated So
1oc per 100 pounds, and closed steady.
The shipping demand was fair. On call
the demand was quite active and prices
higher on the larger deliveries. Trading
was principally in January and the year.
Only moderate demand prevailed for
short rib sides, and the offerings we're not
very large. Trading was mainly in the
larger deliveries. Prices ruled
comparatively steady early at the
decline noted yesterday, but receded 21kG
SC per 100 pounds near the close. The
shipping demand was moderate and sales
mainly of partly cured lots at slightly re-
duced prices. On call the market was
quiet and prices without material change.
Trading was confined to November and