Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-12-16
The Experience Of Friday Duplicated
on the Chicago Board Yesterday.
THE MARKETS ALL VERY DULL.
A Slight Decrease in Prices, But the
Range Narrow One.
PROvISIONssEBETTER IN TONE.
The Stock Market Principally Noted
for the Assault ON Wizards.
CHICAGO.
Especial Telegram to the Globe.i

Change were generally strong aud a shade
higher than the close On yesterdays call,
except probably oats, while corn was as
usual the principal market. The feeling
inclined to bearishness. Heavy trading by
any particular house was not feature of
the day. Schwartz and Dupee, however,
were buying pretty much all day, while on
the other hand Baldwin was liberal
seller. The early market was improved on
better inspection and lighter receipts.
In wheat the movement from first hands
was less. A suspicion of manipulation in
near options also contributed TO the
strength. The opinion as expressed by
conservative traders was that wheat Is too
lew and corn too high. THIS opinion
doubtless explains the strength in one and
the comparative weakness in the other. 4
rather steady and firm feeling prevailed,
and the market during most of the session
was strong. Trading was not active
but good speculative business was trans
acted. The offerings we're only moderate
and to fill buying orders parties found the
market strong. The receipts continue
quite free and we're larger than yesterday.
Prices fuctbated within range of about
58c and closed about 1@2so higher than
the closing figures On Change yesterday.
On the curb the market was strong and
prices 1a@Ao higher.
Corn was fairly active, somewhat irregu-
lar but generally weak, closing about 20
lover than yesterday for December. 24c
tower or January, lower on February
and 5c lever On MAJ. The first trading
vas at a5me decline from Yesterdays
closing, bur ruled rater firm for time.
and sold up 36@ sse on the near futures
and triae up on May. Later there was a
general rush TO sell. under which January
fell 1556c from the highest point previous
~ touched, February declined 115c and
May about llc, Thee was some improve
ment later, the closing was rather
easy. The cold, frosty weather was one
cause Of the weakness, SIS it vas expected
TO dry out is corn, put it in better cendi-
ton and i'm prove toe grading. The in
crease in the receipts slso had some inhu-
ence in producing weakness.
Oats were liberal shortly after the open
ing. 1t was due largely to increased re-
ceipts and lower corn market. Trade
was rather quiet, too, the market being at
tended by only small number of operators
When inside prices were reached the offer
ings decreased. There was little more
inquiry and a moderate reaction followed j..
Offerings by sample were larger, more oats
being held out on account of the decline.
In store sample lots were dull and eesler.
Rye ruled steady and quiet. The mark
ct in general way rather neglected. The
offerings were small. January, February
and March deliveries were little frmer.
The demand for May delivery wss very
light. Few sales were made by sample.
In barley less disposition was shown to
trade, and the feeling was one of dizziness
generally, with sellers at shaded prices for
No. 2 cash and all futures for this grade,
to;neglected and dull for the lower grades
j in store or in the sample market. No. 2
cash was in light request. Samples were
quite dull. and it was difficult to bring
about rates, and particularly for poor and
dark grain.
/ In flour nearly lifeless market was
noticeable, sales we're next to nothing, and
buyers were scarce, while the better family
and bakers brands were firmly held, there
was no kind of fair trade possible for
shipping stock or anything but low to
fair grades, and in the way for forced
selling at that. Bye -four, dull; bukwheat
-four can be had at big reduction, while
buyers have been scarce at any price. Bran
| and all mill stuffs were going slow.
In provisions considerable interest was
manifested and trading on speculative
| account was quite active. The offerings
were moderately large and the demand
| was urgent at times. In q general way
the market was stronger and prices on all
the leading descriptions averaged higher
though ruling somewhat irregular. The
shipping demand was moderate and buy
ers rather slow to meet the
views of sellers. The reeeits of hogs
were moderate and prices show little
change Foreign advices exhibited a
stronger feeling in lard apd prices were
quoted Sd higher, but pork and bacon
were unchanged. Eastern markets were
steadier. The receipts of product CON
tinued liberal and the shipments large in
the aggregate.
Trading vas fairly active in the market
for mess pork but prices ruled with con-
siderable iuregularity. The speculative
demand was active and the offerings
fair. Opening sales were made at 5@1Oc
| advance, and further appreciation of So
| 1oc was gained. Later the feeling became
| weaker and prices receded 159 20c, but
| rallied again 20@25o and closed compare
lively steady. The shipping demand was
| higher and cash lots quotable at S13.621z
| g13. 371S for old and S14.25@143711 for
new.
| The lard market exhibited fair degree
of activity and in a general way the
market showed some strength Pricea
were frmer and 1901 5c higher per one
hundred pounds. and the appreciation was
| moderately well maintained The ship
| ping demand was moderate. The inquiry
| fer short rib sides was moderately active
on speculative account, and the offerings
- -