Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-31
Provisions Also Stronger, but Little
Demand at the Advanced Prices.
An ACTIVE DAWN WALL STREET.
The Bears on Top Early, but Beaten at
the Close.
CHICAGO.
Especial Telegram to the Globe.

L
no excitement whatever, and prices at the
close do not vary materially from yester-
day. None of the old time hustle on the
approach of settlement day was to be
seen. Business in the wheat pit was slow,
and the range of prices vari ed but slightly
from yesterday. Outside orders were not
numerous and local operators did notmani-
fest much of any desire to trade beyond a
very limited extent. The receipts were
larger-214 cars-and market advices
from abroad we're of rather an upfavorable
tenor. The shipping movement was of
only moderate character,
and the harters but $4,000
bushels. Prices fiuctuated within a range
of d C and closed the same as on yesterday.
Some transactions were made in changing
September into October, but the market
difference did not thus far permit the cash
wheat being placed.
A dull trade and very narrow fuctua-
tions we're the features in corn. The spec
ulative market ruled quiet again but there
was good trade in cash, all grades meet
ing with good shipping movement and
No. 2 also taken on speculative account.
The feeling was steady and prices subject
to only slight fluctuations. The receipts
| continue quite free, and foreign advices
| indicated quiet market. The weather
in the west was warmer. The speculative
offerings we're not large. The fluctuations
of prices were confined within range of
&c, and closing figures were the same to
&c better than yesterday. There was
liberal inquiry for rejected for shipment.
The charters were but So, 900 bushels.
In oats the feeling was quiet and easy.
The market opened with good
demand for cash and August, to cover out
standing contracts. The offerings, how
ever, were fully adequate to the demand,
and prices receded from the opening quo
tations and the market closed A@bc
lower. Deferred futures quiet, and also
! slightly easier. Sample lots in good sup
ply. Sales were slow. Buyers held of,
calculating evidently on lower prices after
settlements of August contracts have been
effected. Car lots of No. 2, to be deliv-
cred to-day or early tomorrow, to deliver
on maturing contracts, sold early at $3.50
285sc, declined to 2S4c, and closed at
2S14c sellers. The short interest now seems
small, and the squeeze accidental.
Rye was steady and firm. There was an
improved shipping demand, and quite an
increase of orders in the market. The
speculative inquiry was fair.
As the arrivals of barley increase,
the offerings by sample become larger,
but there is no barley of acco unit going to
store yet The demand was light to-day,
and buyers were scattered, sales were slow
and prices easy. Only the better grades
would command bids, and some consign-
ments of low grade could not be sold.
The tendency of hog product has been
upward, and the close is fairly strong at
$3.50 and SIS. so October for pork and
lard respectively. In this market the days
business opened with a good showing of
strength. An advance in the ruling prices
for live hogs developed a more confident
feeling, and during the morning sellers
had the best of the movement, which was
characterized by rather fair advance,
subsequently, however, the feeling weak
ened, and as sellers manifested considera-
bic desire to realize an easier range of
prices prevailed. Still the days market
averaged higher than that of yesterday
though the actual advance established was
in many instances quite limited. The days
trading was only moderate, and after the
morning sport quiet time was witnessed.
OBSERVATION-DISCLOSURES property was again
turned over into October. Cash product
was only moderately active.
Pork was stronger and on the whole 10
@15c higher than yesterday. Outside
prices, however, were not sustained, and
at the close the improvement indicated
was liRaitedito 71s@1oc. The trading was
only moderate. with the greatest activity
early in the day. October and January
were the favorite months with traders.
Lard was correspendingly steady. The
days prices for this article averaged 71[@
1Oc higher than on yesterday, and at the
close the advance accounted to 5@715. In
the future trading September, October and
November were the prominent
months. The business transacted was
only moderate, the last hour of the session
being particularly quiet. The deliveries
of September 1st will have to be made
before there will be any more light on the
future of this market.
TIE cattle market showed but little
| change from Wednesday so far as prices
were concerned. Business opened slow,
buyers trying 10 secure lower prices, but
trade improved as the forenoon wore away,
and, although the supply was pretty liberal,
all the oSerings were taken at strong prices.
The receipts included some fine cattle, and
the average quality was good, the proper
ton of common stuff and Texans being
lighter THAI usual, though there were lib
eral receipts Of westerns. For
some time past there has been quite
an active demand for stockers, and feeders
and prices have advanced. Buyers are
not paving the advance cheerfully, but this
far the demand has been sufficient to take
all the offerings. There was full run on
northern range cattle, and for that class
the market was weaker.
There was an active and stronger market |