Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-03


light. Market weak and prices ranged a
| @3Sc below yesterdays inside or closing
prices. December and year sold at 34a q
351 4c closing at 34Bc. January ranged
at a41s@341Ac, outside early, closing at
341sc. May sold at S55s @35%c with a
sale late in the session at 351@. The mar
ket closed at $500.
Rye, in sympathy with the decline in
corn and an absence of orders, was dull
and 90 lower.
Barley, the arrivals were larger, consign-
ments all hela on track, and while sample
lots were plenty there was no in store bar
ley of account to trade in. Demand light
all round, and market dull generally with
prices weaker and easier.
The demand for hog products was fairly
active, and the offerings moderate. Prices
averaged lower on all the leading descrip-
lions. and ruled comparatively steady at
the decline. Shipping demaud modera
lively active, especially for export. For
eign advices rather unfavorable, and lard
quoted &c lower. Eastern markets with
out material change. The receipts of pro-
duct were fair, and the shipments of all
kinds unusually heavy. The demand for
mess pork was moderately active and the
offerings fair. Prices ruled about 5@1Oc
lower, and closed steady. Cash quiet and
moderately active and closed steady at
1920; January in good request and
closed at $685.; February was in good de-
mand and sold at $19.491 and closed quiet
at $19.45; March in active request, sold
at $17.A5 and closed steady at $17.55; May
| in good demand and closed steady at
SITS.
|. The inquiry for lard was active, and the
offerings free. Prices ruled easy and de-
clined SO 1Oc and closed steady. The de-
| mand for short rib sides was fair and Of
ferings moderate. Prices averaged triAe
lower. Cash rather quiet. Green meats,
demand rather light and offerings moder-
ate, with prices steady. Picked meats,
rather light inquiry, and offerings moder-
ate. Prices steady at 81 910Ac. Hams,
according to age, 1880. Shoulders and
bellies, 11@11%c. Boxed meats in good
request and offerings moderate. Export
inquiry fair.
Packing operations were prosecuted
quite actively during the week just closed,
yet the returns are gradually
falling below those of last
season. The supply of hogs was below
general expectations, and the weather was
cooler; consequently the situation was
somewhat unsatisfactory to manufac-
turers. The manufacture of mess pork
continues fair, and other cuts of pork at
tract some attention, Lard made quite
freely to deliver on expiring contracts
Hams cut chiefly into domestic cuts, and
partially sold from the block. Foreign
cuts made moderately, especially by those
houses specially engaged in the trade.
Shoulders made rather freely. Short ribs
sides manufactured to fair extent, and
sold quite readily for shipment. Long
and short clear sides attract little more
attention. the supply is gradually charging.
Foreign fancy cuts of sides made rather
freely, especially by those houses which
have agencies in the foreign markets.
Trading was quite active in the market
for hog products during the week just
closed, both on speculative and shipping
account. In general way, the feeling
was somewhat unsettled and prices were
subject to quite frequent and wide fuctua-
tions. Early in the week, the offerings for
future delivery were liberal, while the de-
mand was not urgent; consequently a
weaker feeling was developed and lower
range of prices accepted. About the mid
die of the week it became evident that the
receipts of hogs would not reach general
expectations, and shorts experienced some
difficulty in providing for maturing con-
tracts, leaving the impression that the
stocks on hand were light, OR had grat-
ually settled under the control of heavy
operators. The speculative demand was
materially improved, however, while the
offerings we're free, yet somewhat below
the requirements of the trade, and prices
we're suddenly advanced on all the lead
ing descriptions of product, ruling with
considerable steadiness to the close.
Speculative trading was largely confined
to contracts for delivery after the close of
the year. The shipping demand was quite
active, as buyers were somewhat anxious
to forward the prop erty before the ad-
vanced rates should go into effect. The
receipts from the interior were fair, and
the shipments of all kinds large
and widely distributed. The stocks
on hand show only light supply, espe-
cially of pork and lard, and considerable
less than at the corresponding time last
year. The packing of tho West to date is
estimated at 20 to % per cent. below the
returns of one year ago, and some operat-
ors in the product are inclined to the opin-
ion that the reduction will be sustained
throughout the winter packing season.
Others, however, claim that the supply of
hogs in the interior is abundant, and that
final returns of the packing of the West
will exhibit slight reduction as compared
with the returns of the previous winter
season. There is; however, very little
doubt about material falling off in
weight, if the receipts at this point
may be accepted as guide. The packing
at Chicago to date shows reduction of
about 171,OOO hogs-about 20 per cent,
equal to about 100000 pounds of pro-
duct. The export demand for product con-
Il e.