Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-25

interferes somewhat with the
calculations of merchants in
the distributing markets. The returns of
the packing of the West will no doubt
show larger number OF hogs packed than
generally calculated upon. Consequently
the manufacture of produtcs was larger.
The distribution of dressed beef at lower
prices throughout the leading markets of
the East is no doubt interfering somewhat
with the consumption of hog products in
the large cities.
The foreign demand for hog products
was fairly active during the past week,
but the offerings were light, and sellers ad-
vanced their prices above the views of
buyers. Bacon was in good request, es-
pecially for the German and Scandinavian
markets, but lard was little called for.
Foreign advices were unfavorable to hold
ers and lard was quoted Is lower and ba-
con Cd lower. Manufacturers have in
creased their shipments to their agen-
cies considerably within the past two
weeks. Foreign freights steady and well
maintained.
The domestic demand for hog products
was only moderately active. The firmness
manifested tended to check business to
some extent. The orders from. the South
were moderate and generally for small
quantities of mess pork, short rib side and
smoked meats. The demand from the Pa
cific coast markets and the mining dis
tricts of the West was rather light. The
inquiry from Canada was fair, and mainly
for mess pork. The orders from the
Eastern markets were moderate, and in
cluded some product for delivery during
the summer months.
scandal in the provision pit is va
riety but it has been floating for month
or more just under the surface and has
poked its nose so often in sight that it
might just as well as not be printed and
explained. On the first day of last Febru-
airy the Anglo-American Packing com pany
delivered 5000 and odd barrels of pork to
Armour & Co., and every barrel was short
weight. Upon the discovery of this fact
there was pious raising of hands among
the packers. Business proceeded in the
pit just as if no member of the crowd had
ever been caught at giving poor measure.
A clerk, as soon as the light weight was
discovered, was sent post haste, it is said,
to return the pork, but forty-niue cents per
barrel penalty was paid by the peccant
packing company on over 5000 barrels,
this amount just covering the cost of that
which the barrels should have con-
tanned, but did not. Armour &
Co., it is said, at the time this
irregularity was discovered, owned all the
product, and fearing that publication of
the scandal would bring discredit upon
Chicago pork and start raid upon the
market, conceded the fact and made no
complaint to the board.
The trial of the suit of Stephen G..
Hooker against McGeoch, Everfngham &
Co. was begun before Judge Gary yes
terday. The defendants are commission
men, and bought pork, lard, wheat and
corn for Hooker. They had $3,437.81 of
Hooker's money in their hands, and after
this had been exhausted as they claim, they
sold his options before they matured. Had
the options been held Hooker would have
made about $4,000. AS it was he lost that
money which he had. It is to recover this
that he Sues, it being admitted that he
could not recover the possible profits of a
gambling transaction. The suit
has been tried once and
Hooker won it, but the appellate
court reversed the decision.
The position of corn, wheat and -four
abroad has not improved in the last fort
night, says an exporter. The stocks there
are as large and even larger than they
were at the beginning of the moAth. So
prices are not so high and the buyers have
| the better of the market. The weather
abroad has recently been good. Russian
wheat is on the move. The cable on Thurs
day announced that India wheat was being
offered in Liverpool relatively cheaper,
taking the grades into consideration, than
American wheat. There is no question but
it will take bad weather or the promise of
considerable further damage either to
| this or the foreirn crops to bull the Eng
lish grain markets.
On this side of the Atlantic there have
been some notable changes in the position
of wheat since last week. While prices
have sustained little decline, reliable
news of considerable damage to the 1888
crop of winter wheat has been received.
The government bureau announces prob
able damage of 10 per cent. to the winter
wheat crop, and the best private in
formation of probably a later date
than the bureaus, places the damage above
10 per cent.
AS the time for the opening of naviga-
ton advances, the grain carriers and ship
pers seem to be arriving at mutual IN
derstanding. Wheat is being loaded al
most daily for Buffalo at SIC per bushel.
and corn at &c. The impression seems
to prevail, however, among the carriers,
that as soon as the bulk of tonnage is
| chartered, freights will advance to. better
paying figures for the vessel owners.
Nohes and the Cosmopolitan bucket
shops cut off from market quotations by
the Western Union Thursday, are running
to-day as usual, getting quotations by wire
| from somewhere.
M. j. Sheridan and Tower q Wilson
open board firms, failed this morning
| Causa fai1ura of customers tn mt nm mar.