Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-10-26


delivery were very few and prices broke
of badly, closing at a very liberal decline
on yesterday. Both buyers and sellers
found it impossible to fill orders satisfacto-
rily, SO rapid were the fluctuations. Re
ceipts of hogs moderate, and prices easy
late IN the day, shipping demand for the
product somewhat reduced. Pork was &C.
tive, at times much excited and generally
lower, the November options closing at a
decline of 65@7Oc per barrel and the long
or options at 25@3Oc decline. Offerings
for futures we're very free, new cash was
offered at $2O.97H. Lard was quite active,
weak and lower, the November option SELL
ing off 1920 per 100 pounds and closing
weak, while the more deferred options
were 15@ zoe lower. On call pork was fair
ly active and prices ruled easier. Lard,
however, was higher and closed quite firm.
1t is o about where it sold a year ago,
while pork is still Sc higher.
Lard, at least, must have very nearly
reached the bottom, and a sanguine broker
to-day advised his customers that, in his
Judgment, it will react somewhat.
BEEF.
st. Louis is expecting higher prices in
live stock on account of the advent of the
Beef Canning company's buyers, who are
to do the purchasing for Messers. Aller-
ton d Eastman, who will slaughter at this
establishment and ship dressed beef to
New York and other eastern cities by
means of refrigerator cars. All prepare
lions have been completed, and everything
is in readiness to begin work. Although
both men were on hand at the Ma
tional yards this forenoon, they were
compelled to defer theirlpurchases, owing
to the limited supply of cattle on sale. 1t
isexpected they will kill about $50 head a
day, but at present 200 will probably be
the limit.
HOT WHEAT.
A sailing vessel named the Archduke
Rudolf, shipped from Baltimore and bond.
ed with wheat, lately arrived in Duquer-
que, France, in a heated and burning con-
ditiOn. The experts nominated by the
courts who examined this wheat testified
that the damage did not result from the
e0WOAoSO was OuO Y tuc COACltlOu VI
the wheat itself. This has frightened the
English and French importers, and one
of the leading exporters in the st.
Louis market received yesterday a cable
from Paris not to ship any wheat by sail
ing vessels via New Orleans, and these cor
respondents gave him orders to buy
steamer cargoes of No. mixed corn. Ship
ments for February and March at SOC free
on board at New Orleans, but with this
proviso only, if the shipper guarantee the
sound arrival Of the corn in Europe. Thus
the European house was forced to take
this precaution, as it had heard of the ar
rival of several barges of wheat at New
Orleans in a heated %conaition. This re.
porter stated that St. Louis inspectors
must be careful in passing the new corn
as, if a single large load should arrive in
New Orleans or a cargo in Europe thai
was out of condition, undoubtedly it would
have a most injurious effect upon our ex.
port trade. The English people are just
now filling current deficiencies with Amer.
lean flour, rather than wheat, and some
mills in the northwest are said to be hard
pressed to get wheat enough to fill thei1
foreign contracts, the weather not having
been favorable to threshing. The excite.
ment in corn and pork also tends to GU
down the volume of specializing to-day in
wheat.