Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-17
A Very Dali and Spiritless Market in
Chicago.
LITTLE DISPOSITION TO TRADE.
A Little Excitement in the Provision
Market but Small Dealings.
THEDAY OF THE STOCK BROKERS
The Most Active Shares the Northern
Pacific and Oregon.
LITTLE DISPOSITION TO TRADE.
THE DAY OF THE STOCK BROKERS'
CHICAGO.
Especial Telegram to the Globe.

CHICAGO, Sept. 15.-There is nothing but
weakness to report to-day. A steady de-
cline with up turns was the rule. The
bears again sold corn freely, and scared
out some holders who feared the tropical
weather would cause further shrinkage.
Although the charters were liberal and the
shipping inquiry quite fair, the pressure
to sell the futures carried cash down with
t. The weakness yesterday continued,
and had not the shorts bought freely the
market would have suffered much great
er decline. There was no encourage
ment to be gotten out of advices, and
buyers, excepting those covering shorts,
were entirely out of the market. Ira
Holmes bought in 100000 bushels short
stuff aud there were several other large
lines covered. Provisions have shown
nothing but decline, without respect
able reaction during the session and the
close is tame. The packers were all sell
ing. Eldridge and his following we're
raiding, and Armour let go of 5000 Of Octo-
Der lard. The only pluck shown on the
buying side was by Warren, who bought
pork and lard, resold some pork and
bought more lard. New York
was seller of both pork and lard. Heavy
receipts of hogs are looked for next week.
Wheat AMI corn are 14911so lower than
yesterday, pork 4Oc and lard 15c. The
close in all markets is weak and slumpy,
and if the present weather continues lower
prices may be looked for Monday. There
is, however, large shortage out, and cold,
rainy weather would turn the course of
values at once. Hence it is we'll to move
with caution.
The receipts of grain showed some in
crease, 500 cars and 61,5O0 bushels of
corn; 500 cars of wheat and $50 cars of
oats being expected in, to 1O8,10 bushels
OF wheat, $40, $50 bushels OF corn and 206,-
704 oats shipped. The charters were for
365,000 bushels of corn.
The report of the committee of east
bound traffic shows the rail shipments
during the week have been 1888 tons of
flour, SO, $40 tons of grain and 1862 tons
Ofproyisions.
During the session of ths regular board
the corn market was active, chiefly on
speculative account, with a moderate de-
mand from shippers. Continued warm
weather, liberal receipts and reported
weakness in other markets again brought
out free sellers and prices declined 10 &c
below the closing figures of yesterday and
ended the day at inside figures.
Wheat had very little support. A weak
feeling again pervaded the market and
prices were lower all round. The receipts
continued quite free, which, in connection
with lower markets at home and abroad,
influenced an increased desire to sell, and
offerings again exceeded the demand. Ship
pers in the local market reduced their bids
sic for winter wheat, and this affected
the market somewhat. The market opened
1k@ 10 lower and quickly receded, declin-
ing subsequently with some fuctuation
1870 below the closing figures yesterday,
and closed about 1nsideI figures.
Oats were dull.
In corn the feeling was easy and prices
declined 14@1so from yesterdays closing,
aud exhibited little strength even at the
inside. The demand from shippers and
the local trade was rather slack, and sam
pie lots were quite dull, with concessions
necessary to effect sales. Rye was lower
and ruled down, with liberal offerings of
cash and few buyers, which brought about
a reduction of 1c per bushel. Speculation
was lifeless.
Barley was very dull. The offerings of
No. 9, especially on speculative account,
were larger, and there was 15@1c decline
in prices. Sample lots of this grade were
also weaker. No. 8 barley was dull and
easier. In store No. 3 salable at 44c, but
most consignments were held on
track with view of doing better. These
sample offerings met with only a moder-
ate demand. Bids we're reduced with buy
ers turning from the market if their bids
were not accepted.
An unsettled and weak feeling prevailed
in the hog products during the greater
portion of the session on Change, and a
material decline in prices was established.
The offerings were rather free, especially
for the moro deferred deliveries. The re-
csipts for hogs were liberal aud prices
were lower, and she advices from both
<oreign and domestic provision markets
were rather diseouraging. The shipping
demand was moderate. The receipts
of products were fair. and shipmentsIquite
liberal of all kinds. The trading in the
market for mess pork was quite active,
especially in the longer deliveries. The
offerings were liberal and the inquiry
quite active. The market opened rather
steady at 10@131ao decline and Temporal
lily improved 2156sc. Later decidedly
weaker feeling was manifested, and re-
duction of 100000 was submitted to. The
shipping demand was moderate in the way
of filling small orders. Trading was fairly
active in the lard market, but almost ex-
e.usivsly on speculative account. The offer
ings were liberal and the demand active
Prices ruled somewhat irregular and de-
clined 10015o Per 100 pounds on the
whole range, and closed comparatively