Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-06-03

against POI, 045 last year, decrease of
1898. The supply for packing and city
consumption was only 33,857 less then for
May, 1882. The receipts of hogs since
March l, have been 881, AL against 1885,
701 for the corresponding three months
last year, falling off of 507,260. The
shipments since March have been $780,
1856 against 596,752 for the corresponding
period in 1882, a reduction of 365,967,
leouing net supply for summer packing
of POI, 293 less than for last year. The
improved quality will tend to lessen the
deficit IN product, the average weight of
the hogs received during the month of
May being twenty three pounds more than
reported N May, 1882. The receipts dur
| ing the week just closed were larger than
generally expected, and the quality
was we'll maintained. The market,
however, showed signs of weakness and
buyers were rather slow to take hold except
at their own figures. Prices on the whole
range declined 20@25c per 100 pounds
and closed tame at the reduction. Packers
were the principal buyers, shippers taking
only about one-eighth of the offerings.
| Traders in provisions have during the
week appeared to be all at sea regarding
the course of the market, and the infu-
ences which tended to the fluctuations in
prices. The movements of leading opera
tors were closely watched, yet nothing
definite could be arrived at as they appear
ed to be buying one day and selling the
next or purchasing for one month and
disposing of an equal amount for the next
month, simply realizing carrying charges.
Smaller operators who followed in their
wake one day we're Disguised the
day following to ascertain that
sudden changes had been made,
which they were compelled to follow. In
fact no one appeared TO have a fixed poll
cy or an opinion regarding the future
course of the market which they cared to
publicly express or act upon and the cir
cumstances surrounding the trade only ap-
pered to mystify those engaged in it.
Speculative trading was quite active, but
there appeared to be less desire to pur-
chase the more deferred deliveries, the
uncertain surroundings leading many to
close up their outstanding trades, more
particularly those who realized profit.
The offerings of the more deferred deliv-
cries were more liberal, especially of those
articles which can be regularly manutac-
tured throughout the year, and there was
more disposition manifested to reduce diff
ference in prices. On the other hand
there are those who profess to believe in
more remuneratiVe figures for hog
product in the future, yet there is not that
apparent anxiety to take hold that was
noticeable short time ago. The ship
ping demand continues light, though it is
understood that considerable product is
being quietly distributed in small quaint
ties throughout the country by the agents
: of, manufacturer. Orders on the open
} market are small, yet the recent decline i'll
prices has no doubt tended to slightly i'm
prove the trade. The deliveries on June
contracts were quite liberal and more
5 general than for some time past. TIL e
| greater portion of the property was readi
ly accepted and cared for by parties who
are engaged in carrying it at the current
differences, and very little of it sought the
market again.