St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-12-31
Among the comrnIssIon WON.

The last days or the old year that II dying have
inspired all those interested In those products
which were ordained 10 come from the sweat OF
the brow" with hopes that the expected infant
IS viii emaneipate wheat aud other grains. aud
restore the good old iines and high prices; and
there are those who already believe that 1855 will
see as high prices did 1883 and the
IDEAL dollar is already within their grasp. That
the rise originated IN Chicago there is no donbi.
aud that the reaction win begin in Chicago is not
so sure. The advance yesterday at New York
was stimulated by the previous days jump at
Chicago, and the close at Chicago was the result
OF the New York squirt. For the last day or two
all the wheat men at Chicago have been bulls and
have talked high prices, but in no case have they
advanced 4 sound reason beyond the Old lady's
reason for everything, Iii Is 50 because
it is" There is' sill in the country
large quantity OF wheat; the stock in store
IS not shrinking at a greater rate than was an
ticipaied. exports are not increasing. the con-
version into nnr Is no larger hardly so large;
the wheat is not spelling In the granaries: there
Is no prospect OF an Increased demand from any
country; there j. rumor of an impending
great war. Then what is the great indueement
20 high prices. II not the action Of the thimble-
rigging community on change whose occupation
was well nigh gone, can 1t be ascri5ed to the
election OF Cleveland ald the triumph OF the
Democratic partys As well place 1t to the credit
Of this Il any OF the causes advanced on the
horns OF the balls; perhaps these very gentlemen
will fnd themselves on the horns OF dilemma be-
fore another week expires. TIE eIosings AZ Chi
eago for December wheat for the week have been
as follows:
Wednesday, Dec. Observation-Disclosures. Tixe
Thursday, Dec. > ACKNOWLEDGEMENT. 49,.
Friday. Dee 20 -s-------------......-.. IKE
Safrrd' y, Dec. z1-.. ..--.---.-------... 73efc
Monday. Dec. 29........--..... axe
Tuesday. Dec. 30...........-... 7Bc
II will be seen that in three days the market
advanced axe May wheat has made no less =
stride. having passed the GLOBE limit Of 2Se
and yet the GLOBE ventures to predict
that not a bashel OF real wheat will be sold, and
for consumption. AZ Chicago for more than soc
before the end Of May II this prediction. IN
ike ali the rest made in these columns, should
fail Of fulalmenf, 90 much the better, bat the
conditions must be greatly changed 70 insure its
failure. The movement OF grain at this point
has been very lght,, as IL might be expected to
be during the holidays. The railroad returns
show 81. 900 bushels shipped in and 16.5 500 bush
els shipped out against 81. 500 received and Is
600 shipped for ths week ending De-
cember % The elevators received only
l-sh~ ousneis ana snipPed 1874 oushels, thus
reducing their stocks oy IL, 272 bushels Prices
on change have advanced about 2lSc since a
week ago. The following table shows the stocks
in store yesterday compared with the same day
last week:
Dec. sS. Dec. So Decrease
Wheat, bushels. 1,i4s,sss l.is6.1ss 1879
Oats, a. srSss e,s2s
Barley, 49,. s.ss7 0,Oa IL
Flax. -. 2a.7s7 ss,Ts7
The receipts OF corn have been extremely
light. and although the demand has not been
urgent prices have advanced abonl
&c. The receipts Of oats were the
highest within = year, but there has been
no demand leyond that for local consumption,
and prices have been steady The elevators have
neither received or shipped any, and their small
stock Of 6.223 bushels remain urdisturbed
About 1000 bushels OF barley were bought in by
the railroads, AL OF which except 7ss hashsis