Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-10
FAST AND LOOSE.
The Chicago Grain Markets in "Mlgh.
ty Onsartin" Condition.
PRICES LOWER YESTERDAY.
Wheat and Corn Both Show Consider.
able Weakness Throughout.
PROVISIONS SHOW A GOOD FRONT.
The Tone Of Speculation ON Wall Street
Somewhat Improved.
PRICES LOWER YESTERDAY.
PROVISIONS SHOW A GOOD FRONT.
CHICAGO.
Especial Telegram to the Globe. I

favorable to the bull side. To-day there
was as much irregularity as yesterday with
downward tendency. Wheat was fairly
active and prices somewhat unsettled but
generally Lower aad at the clese seller No
vember was aboEt 5sc lower than at 1
o'clock yesterde., seller December about
58c lower, seller January 55c lower and
seller May about 58c lower. The opening
prices were I@15c below the closing fig
ures yesterday, but there was pretty fair
inquiry for time and the market i'm
proved to yesterdays closing
figures, but there was a
pretty fair inquiry for a time and the
market improved TO yesterdays closing
figures, then become quite weak under
free offerings and fell about &c, then
rallied some, again eased Of, changed
slightly and closed rather weak. The
receipts we're moderate. Foreign ad-
vices werel less favorable and quoted a
quiet and steady feeling. New York was
lower and there was at times considerable
pressure to sell. The correction in the
increase of the visible supply Of wheat to
100000 bus. had something to do with the
weakness to-day It was due, however,
under any circumstances, as the advance
was too sudden and too easy. We are pre-
pared to see sharp fluctuations, and it
matters little on which side operations are
made 80 long as purchases are made or
breaks. There is some talk about larger
receipts, but leading operators don't pay
,, much attention TO it. On call wheat was
in good demand and offerings rather free.
Trading was principally in December and
January.
Corn is very strong and higher. The legit-
innate as we'll as the speculative situation
is strong and while trading operators do
not believe all they hear about bad crops
and the bad condition of corn, a good
many dealers do and act on it on the theo-
ry that 500 is reasonably cheap anyhow.
To-day the demand was good and the
offerings were not large. The receipts
| we're smaller, which, together with the un-
settled and rainy weather of late, created
the impression that the arrivals for the
present will not show much if
any increase. The shipments also
| continue liberal. Shorts were disposed to
cover. The market opened unsettled and
prices gradually advanced during the ses-
! sion M@115c for the various deliveries
| above inside figures, reacted and finally
closed about 70 higher for November, &c
higher for December, &c higher for the
year, and 55c higher for May, than the
closing figures on 'change yesterday. On
call corn was moderately active and prices
higher on longer deliveries. Trading was
principally in the May option.
In oats the market was quiet
and rather dull. Prices fuctu-
ated slightly below and slightly
above the closing quotations Of yesterday,
bat the average would not show much
change. There was 4 falling off in the
speculative trade, and there were less
operators than usual on the market. The
lower grades were nominal except By
sample, and the market for sample lots
was dull and weaker. There was material
decrease in the demand. On call oats were
in fair demand and prices steadier.
In rye the deferred deliveries
were weaker and 9s@4c lower,
Cash was unchanged and December deliv-
cry about llc lower. The market was
dull, with no shipping orders and trade
altogether speculative. Cash steady and
salsble because offerings were small and
small margin could be made By carrying.
Long deliveries were easier, the longs in
some cases selling out. On call rye was
quiet and steady.
Barley was neglected end inactive. The
only thing doing was light trade in
choice samples. Early in the week there
was little squirt in the speculative trade.
This, 1t sseus, was mainly local, and has
subsided. Il is difficult to awaken much
interest," in the market. The offerings of
No. continue limited. There is plenty
Of malt, however, 1nd little demand e1-
lists. In store market about Gig 6611zc and
samples sold st 629 csc. A few cara of
very choice barley not graded were sold by
sample at zoe. No. 3 il store nominal at
43c sold by sample at 45
955c. Lower grades ranged at 33@ $50
according to quality.
Flour was without change from our yes
terday's report il there being a firm tone
OF trade and an improved inquiry for all
the better family and bakers brands, with
the stocks very light, and millers are slow
to offer their goods without obtaining a
higher rate. Shipping grades were doing
well for the better stock to slow for the
poor or lower grades. Rye flour about the
same. BackFheat -four firm. Brand
and ell uiIlstufs boiding at firm prices.
In provisions a nervous and unsettled
feeling prevailed, and prices fuctueted
considerably within moderate range.
The receipts os hogs were liberal, and
prices ruled weak and lower, which in
duced operators to offer product more
freely, resulting in a low range of prices.
Foreign advicss showed an easier feeling
In pork. which was quoted Is love-, ut
lard sad bssen unchanged. Eastara
markets easier and prices favored buyers.
The rscsiPts sf prodscs were light and the
shipments Of all kinds quite liberal. Ship
Psrs we're favored with q fair number Of
orders and made moderate purchases.
Trading was moderately active in the