St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-15
coming tired of their load, were bulling

coming tired of their load, were bulling
prices for the purpose Of selling
The receipts of hogs were estimated at
II, 900; quality mostly poor and good lots
5@1Oc higher, under brisk shipping and
packing demand.
The Price Current ays: 1t is difficult to
obtain complete statement of stocks Of pro-
visions in this city, but calculation from
procurable data as to the production and
movement will show the situation in a rela-
tive way with approximate accuracy as fol-
lows. For March 1 exclusive of stocks held
on Nov. y:
Meats, all cuts, lbs. 22, 900, 900 24,OOo,OOo
Pork, bbls. 400 5000
Lard. tierces 5000 1000
In regard to lard, the above is believed to
be considerably less than the actual supply.
Receipts of cattle to-day were 6,000 head
and with the 4, 900 carried over from yester-
day there were 10, 900 on sale. The market
was dull and weak and prices were lower.
The best fat stock offered brought S6.25@
$50. Butchers grades defined 15@25c on
thin cows and bulls, and stockers and feeders
Arrivals of hogs were II, 900 head, which
makes the supply for the five days this week
5000 over the previous one. Packers and
shippers bought freely and prices edvanced
5(010c on all grades and closed firm.
Sheep were dull and weak with prices 20@
25c below the sales of Monday. Five thou
sand were received to-day and number re
o+ +ba oil b,,+ oh
were the chief buyers.
Milmine, Bodman & Co. say: "Therc was
very little disposition to sell short to-day, but
on the other hand there was some disposition
to take on some long wheat to carry for
another SWELL we do not think the time has
come yet to take the long side of wheat.
There were no outside orders here and very
little was said about damage to the growing
crop. 1t is still nothing but scalping
market" We think corn is working into
stronger position daily and we expect to see
it sell still higher. The long futures are very
active.
Crittenden & Harvey say: "The market
at times was very dull, but the fact that there
were large buying orders on hand limited to
apOuI Jo4 Iol May, PIoFoHCcu IhO pOai CiS
ment from depressing values and encouraged
some buying by smaller dealers on local and
outside account. We can see nothing in the
situation to warrant any permanent advances,
but should not be surprised if values
were marked some higher under speculative
account. Tradingin corn was moderate in
volume, but the small receipts, with the
strong tone in the provision market, helped
the bulls, and at one time buying was
vigorous and confident. We think the short
interest in this market quite large, and un-
less supplies increase we hardly believe we
shall see much lower prices right away, and
would regard buying safe for small profits If
got on weak spots"
Shepard s. Peacock say: 'fFor several
days the disposition to fight provisions on the
part of the clique has not been SO apparent,
and good parties have been quietly buying
both pork and lard. The latter has invited
the seller heretofore, because there was no
contracted buying, but the last two days the
shorts have been industriously covering their
short lard and the consequence is it is
stronger than pork. Prices in both are well
maintained and promise further advance
before material break.''