, 1880-12-05

Drossed Ao::s- WI Nh o~'
Saturday WIS n big day for the bears in prod
uce. The different murkct5 went down enough
to satisfy tho largest appcttcs In that direction.
They were decidedly heavy under largo selling
on account Of New York parties and some 1ocal
holders who have recenfS been supposed to bo
identified with "lussinn" interests. Lending
holders stAtcd that thoy wcre satisfied thero was
little hope in holding for further rise Mt
present. and thoy had determined to close out
The feeling was very weak In tho carly part Of
the day. There was n partial rally towards noon,
but tho markets again turned down. Tho vast
quantities of stuff offered were, however, taken;
much OF it was bought by local operators who
had sold short tho previous week when quo
tations were nearly at tho tops and tho
freedom with which they took hold
prevented n GREATER decline. AZ 1t was, q great
many lots were forced on tho market, tho drop
having exhausted tho margins advanced by tho
partics on whose account the property had bcon
bought. OF course, mnrg'ns were called. right
and left. The calls were generally responded
to, either by putting up Or closing out, but one
failure being reported. That WIS in provisions,
and not II Leading operator. Wheat proves to be
more plentiful in Minnesota thnn had been cal
culated On, aud the warehouses in the North
west arc filled up with grain, while oceans more
Is waitinr to take its place when tllnt Is moved
out. THO belief in big supply here has kept
foreign buyers from following up our ad-
vance. and now the report of copious rains
III California adds to tho bear feeling. Pro-
visions ,lra being produced In vast quantities,
ind foreign consumers bnvc held OH III that
direction too, believing that the packing Of
more than q million hOg5 In one month Mt one
point should give lower prices. The people who
have been buying ogprolucts and gruin have,
however. done it with surplus money, and many
Of them would not know what to do with tho
cash If they should sell out Possibly this fact
will prove to bo tho onc preventive
Ut the disastrous break which would
otherwise be natural consequence OF
tho widespread dstrust in tho situation.
Mcss pork closed 107.90c lower, ut $I1 10 for De-
ecintcr and s1:G7H6113i0 fnr January. Lard
closed 1OGg1o11c lower ct o7a 10 for Dgce,n-
her and Ss.3sSts37h for Januafy Short ribs
closed ut $B.8v1sg.G .G2K for Jununrv Spring wheat
closed exc lower, ut $1.O5tz for December and
S1,06as for January. Reu winter closed a,zc
lower at Sl.G. Corn closed l@1,1c lower, at
4Usc for January and 45s;c for MAY. Dats closed
.:G6Kc lower, ut ,oc for the month. S,Mc for jan
uury and 564c for NAV. uye WIS lower. closing
Mt 83.c cash or Junuary. Barley declined. clos
ing Mt $1,G cash. Decc1nber. or .innuary- Hops
were dull and weak, ut $4.:yls4 Is for light unl
$l3s5sGe4.75 for bcuyy Cutie were dull and uu-
changed ut s. 0}G1g25
Dry goods were In fair city ano country de-
manu-. anu ngu1n ruled HrtQ, standard Eukt0u8
showing special strength. Boots md shoes.
clothing, huts. cans. ind millinery -oods rc-
n,aiucd quiet, There was q good general de-
ma11d for staplo and fancy groceries. and n firm
set of prices, cofrecs cxcepted. Tho dried fruit
trade was active with prices ruling firm. Fish
continue inactive and firm. In tho butter ,nnr-
ket there WIS m active demand for choice
qualities, while low and medium grades wero
neglected. Cheese remained uuict md unset
tied. There wns a liaht movement II, ravvinsr
at unchanged rites oils were quiet md steady
Coul ,yus unchanged, !.
Lumber was ii, fur demand and steady. The
shipments arc fair, ana Icniers saw they would
bo much larger IL tho cars could hc ohtuinet ia
for,r,r, ,f,o n,,,1,o - .ta+ -, ,~, 1a.
sUt' WON HAS quiet l11u sLtStuy. Lay was lc3S
0cffva. Tfmrtby yna aafnha ot
changed prices, while. prnirie was slow and
f1nft1O Gpnraacn1 hV ha fna 7cYa
~ l,neo Inv n,no solos ~ hrnn.,~,o.,, h,1os
80, s -. - ,@--- w. ' c, f
wnro in ,r,odcrota donun,1 c1o,o- ha;r,- nr,nar
IN Tho atroot h,,e,raea ,,,a ,,r-.t ~ ,,,,1t.,,
ero,no ana nntotooa o,, +1o .,..a nx.t.na,no,,
"efe tofcAs tuo eols "cAl11eF HlhhluB uo1acES