Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1884-01-05
ali the Chicago Markets Stiffening
With the Cold Weather.
THE JANUARY CORN CogNER.
The New York Manipulators Thought
to be Able to Carry it Gut.
LIVE STOCK AND PROVISIONS.
Greater Animation on ha Stock
Exchange.
CHICAGO.
lspscial Tslegram to the G!obe.

the hands of lo5ai speouiators to-day, and
nervous and unsettled feeling was ap-
parent. The transactions were large, and
the fluctuations rapid and severe at times.
The recsipts were only 254 cars, which did
not figure, however, whether it was on ae-
count of the cold weather or othr ecaus ea.
Pointers had been industriousIy
circulated in regard to the pro
gramme of the clique holding January
corn ,sand as soon as the board was opened
the shorts became anxious to cover. There
we're also some largs buving orders from
the outside. May opened in quite an ex-
citement and trades were made almost
simultaneously at s01ae, 60Ac, Gle and
611sc. The majority of the sales were
MAIDS at 611so. II sold at 81 11lc OF to 6o3sc
Q6OMc, fiuctuated and wens down to So %c.
There were few trades at $500 and the
market finally closed ct
59Nc bid. On the call prices
were easier, and May closed at 5924c. The
sales of January ranged from 56z to
$500 and it closed on call at 56%e.
Schwartz & Dupee were heavy sellers of
May corn, and to than was probably due
the credit for the weakness in all the
options. They also sold some February
and perhaps some January, but none of it
belonged to ths New York Clique. The
big deal is being managed by Henry
Clsws and jack Sturges in New York, and
Schwartz & Dupse only execute
their orders. To-dsy's sales were
unquestionably caused by Iot of
toiIers who have put their business into
the hands of Schwartz & Dupee in hopes
that they may be able to pick up some
points abeut the Nsw Workers. game.
Among the best osted the New York deal
is regarded as intact. Wheat sympG-
thized very largely with corn, and in addi-
ton there wele some good buying ord ers
The receipts wore only seventy-six cars,
but they cut no figure, as the spectators
made and unmads the market at their own
sweet will.
Wheat opened about &c
higher then it closed yesterday,
advanced trife, and, after secatioHs,
elssed 1lo lower than on yesterday. "Billy'
Murray sold good deal Of May wheat. On
the call wheaswent off 1s01o, closed very
weak, and the transactions were confined
to less than million bushels. OF this
ameans 415,0O0 bushels wsre May at
81. .o2A@1.o23s.
A leading house says: eThe strong open
ing this morning was due to the covering
in of large line of shorts by the Adanses,
which was so large as to create a
demand which lasted good while.
After this was satisfied the market fell into
the hands of the local bears, who ham
mered it numerically, resulting in de-
cline of 1c from the opening price. At
O'Clock the closing was weak, with sellers
at $1.021h for May. The only sustaining
influence in the markss appears to be
from shorts, no one caring to branch out
on the bull side as yet. Receipts were
small, but they cut next to no figure
now"
The trading on The provision side OF the
house WAS confined TO spectators,
and ths transactions and fact-
uations were confined within al
narrower rsnge than yesterday. Every
thing opened stronger, but the apprecia-
ton was lost before p. m. On the call
pork and lard were steady, WITH prices q
little higher. On the curb the February
option was quoted pork $l450 lard $8.87,
short ribs $73715. A leading house sums
up tho market: SAT the opening the mar
ket was somewhat stronger but failed 10
hold. The principal speculative traders
are short the stuff, and with weaker grain
ma4Aets they showed no disposition to
cover. Consequently the market has
dragged along IN a weak way, closing
easy. The weather is exceptionally
good for packing operations, but hogs are
not coming in sufficient numbers to en-
courage any competition among packers.
the elevator owners issued the follow
ing rates of storage, which they will
charge until further notice:
Son all grain received in bulk and in
spected in good condition, one and one
quarter 40 cents per bushel for the first
ten days or part of same, and one-half %
cent per bushel for each additional ten
days or parts Of same, SO long as it re-
mains in good condition. On and after the
18th day Of November next upon grain in
good condition storage will be at
the foregoing rates, until four cents per
bushel shall have been accrusd, after
which no additional storage will be oharg-
ed until the 18th day of April, 1885, SO
long as tae grain received is in good con-
dition.
On grain, damp or liable to damage as
indicated by its inspection when received,
two (2) cents per bushel for the first ten
days or part of same, and one-half of one
cent for each addionsl five days or parts
thereof. And upon such grain there will
be no special rate for winter
storage. No grain will be received
in store until it has been inspected and
graded by authorized inspectors, unless by
special agreement.
There is little or no change to note in
the cattle market. There is strong de
mand for ell sorts, and receipts are rapid
ly sold. The prices were shade higher
to-day. Nearly all the annual circulars