St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-11-02
the least liable to eseape interference from this

the least liable to'esespe interference from this
cause.
Wheat has ruled very quiet since our last. va
ration in value not having exceeded 1kc per
bushel The situation has undergone no inpor-
tant change, the feature OF Increasing stocks.
with combined liberal receipts, having ceased 70
attract especial attention The charges obtained
by those who carry the wheat in store against
sales for future delivery. although not specially
attractive, are sufficient TO relieve the market OF
the cash Offering. and Is the majority Of opera
tors are content with very small
profits. Important variation in prices
is presented by liberal offerings on firm spots or
moderate buying on weak ones The market,
in fact, Is devoid Of interest At present either to
bull or bear. and presents no feature upon which
10 base opinion Of any immediate change in val
ues.
The corn market has beer without special IN
terest during the past week The last days Of
the month just closed hrmed the general i'm
precision that there would be no interference
with the ordinary course OF the market by parties
who manipulated Trioes during September. ship
pers have been free buyers and stocks here have
been reduced about 100000 bushels, with q
continued good inquiry. Deliveries today
on November contracts we've not
heavy and had no spPreeiabie effect
Should shipping demand continue. Of which there
are many indications, we see reason 70 ex-
pect serious decline, bit. on the contrary. look
/ for . moderate advance during the month The
prevailing weather has not Of late been favorable
for early grading OF new corn, aud the chances
now seem 10 favor some pOstponement VI the
date for free deliveries. Daily receipts are very
/ light, and should shipments continue a. liberal
during the next as for the past two weeks, stocks
| IN store would be a. low a. any time during
| the season. We think. taking current prices,
and the situation into consideration. that no per
maneni decline OF importance probable
Oats have been quite steady during the week
/ The shipping demand has been good, the move.
ment since our last resulting in some reduction
/ Of stocks in store. Speculative operations con
1 time on abOut tbs same scale - recently noted
with, We think. growing confidence in the ~
ture OF this grain. Consumption has, i l. said,
been this year relatively greater than that Of last
and we think that purchases az about the present
range will prove remunerative.
Provisions were fairly active and lower early In
the week. but later improved and closed without
much change from last week. Speculative
transactions are confined to deliveries for the fa-
ture, stocks being unusually light and
all product except lard command
ing premium for spot delivery.
There has been a good shipping inquiry for
i meats and lard. the movement being oousiderA-
bly, in excess Of that Of last week or OF the cor
responding week last year. New mess pork Is
quoted to-day at SIS IS, bat We hear OF no trans
actions. Short ribs suddenly advanced &c per
pound yesterday on an urgent demand 10 III Oc-
tober sales. The quantity required was not
large. the demand being confined 10 the require
ments OF few parties whose goods failed 70 pass
inspection. With the opening OF the new pack
ing season to-day we feel that some intelligent
estimate Of the situation may be rendered pos
sible in the near future, prices Of raw mater
ial and product viii doubtless undergo very de-
sirable and very necessary readJustment.