Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-05


terest, which kept the price up $3.50 per
busEs. over December. With the s,ose of
the month and the settlement of that deal,
this premium naturally disappeared, and
the price of cash rapidly fell near to year
Or December. The decline on Friday was
fully &c and on Saturday $40. There
were large deliveries of cash IN Wednes-
day, and much of it thrown on
the market on Friday, making the Offering
excessive. Besides, the receipts were un-
expectedly large, and those having hereto
fore been disposed to sustain the market
lost confidence, and began to sell. The
failure of a prominent firm that had
bought heavily was announced on Satur-
day, which brought another large line on
the market, adding still further to the de-
preston. Under this combination of un-
favorable circumstances, cash No. fell
from 6Sll lc on Monday to 551a C on Satur-
day, closing at 5515c. Year fell from 601sc
on Tuesday to 54224c on Saturday, closing
at 55ll January and May, however,
ruled correspondingly steady, the former
fuctuating only 19a4c and the latter only 1c
during the week.
There was steady, firm feeling in the
oat market. Trading was, however. rather
light. The offerings were quite meager all
around. As compared with Saturday, prices
at the close Of the day we're 56@ 7ac higher
| considerable portion of the gain being
| made in the afternoon under the influence
! Of brisk demand. Sample lots are IN
better supply, land consequently not strong.
The better cars of white were especially
sought for.
Rye was weak and &c lower. Fair Of
ferings and limited demand was the
cause of the decline.
In barley the receipts were fair, and the
supply of sample lots was good. The
supply rather exceeded the demand. Prices
in consequence wree weaker, with the
lower grades showing the most
reduction. Trading was confined, to the
sample market. In store barley was life
less and nominal.
On the board to-day. the demand for
hog products was quite active on specula-
tive account, and the offerings were liberal.
Prices were advanced materially on all tho
leading articles early in the day,
but during the latter part of the session
settled back to medium figures, and closed
comparatively steady. Shipping demand
fairly active, especially for bacon for ex-
port. Foreign advices were rather unfa-
vorable, and quotations were reduced on
pork and bacon. Eastern markets were
without material change. The receipts of
product were fair and the shipments quite
large.
The inquiry for pork was act
i've, and the offerings quite lib
eral. Prices were advanced
25@3 early in the day, but declined again
15@ 2Oc and closed steady. Cash in fair
demand, December in moderate request
and sold at $17.35, closing at $17.4O.
The demand for lard was brisk early in
the day, and prices were advanced 10@ 15c
per 100 pounds, but settled back again So
71ac and closed steady. Cash in fair re-
quest and firm. December was in modtr-
ate demand. On the call board pork was
rather freely offered and prices ruled lower.
Lard was in moderate request and easier.
Some $4,000 hogs of fair quality were re-
ceived to-day and sold on a quiet market
SO 1Oc lower.
Among the sales made at the stock
yards yesterday were forty four hogs weigh
ing 1900 pounds at the handsome price
of 81 per hundred. The hogs were raised
and fed at Elmira, Stark county, Ill. This
was little over the market price, and
shippers should not be guided in their ship
ments by these figures.
The failure was reported this morning of
the firm of Fl. p. Darlington & Co., dealers
in grain, and G. w. and E. S. Richards.
grain brokers. The failures are attributed
to the fall in November corn, and caused
but little excitement in business circles, as
they are considered of small importance.
Both firms make the statement that the
embarrassment is but temporary, and that
business will be resumed about the first of
the year. The statement is generally dis
credited, however, among the knowing
ones.