St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-04-14

who had the bulk of the fresh receipts
claimed he could not get as high prices as
during the morning yesterday. The fact OF
the matter was that there were barely suffi-
Gent Numbers on sale to make market.
About all sold at an early hour.
Sheep were in good demand, and fresh
receipts were quickly disposed of, the market
closing steady.
For the few thousands of fresh receipts of
hogs there was an active demand, and prices
again ruled strong 10c higher than yester-
day, the market closing steady at the ADVANCE
Crosby 81 Co. say: 'Wheat looks weak
this afternoon. The bulls are less confident
and every fractional decline brings out long
stuff The local interest We mentioned
Thursday has disintegrated, and the other
principal long interest, through a prominent
Milwaukee house, seems losing its tailers.
Speculation is not bullish and the scalping
element is bearish, under which rendering
the market must be well fed with bull news,
or supported, or it will 60 lower next week.
With fine weather the latter seems probable
under any circumstance.
Crittendon & Harvey say: 1.-THE outlook
would indicate a lower range of prices in
wheat, but our idea is, we would wait for the
break and buy if it comes. Final trading
was at the bottom prices of the day. We
call corn low enough but think local parties
are interested in depressing prices further,
and unless the market gets some help. we
shall expect another weak turn in it, when
we would buy. Stock of oats are higher here,
and squeeze not improbable soon. We
should not be surprised if the provision mar
ket would be allowed to drop soon again, an
other crop Of shorts created and then an ad-
vance ordered. We don't think it safe to
move short sales, and if we couldn't buy we
would let the market alone"
Minor, Richards s. Co. say: "We have
studied the market closely since wheat soc,
and fail to find any indications which would
lead US to consider the recent advance
a permanent one. Our views are that lower
prices are probable and prefer to sell on
strong places"
Milminc, Bodman G. Co. say: 'We heal
nothing in the way of export orders for our
wheat, and New York says there is very little
inquiry there. The deal is now worked by
the scalping traders and think viii continue
this way foc some days.
The Milwaukee clique of capitalists
who bought heavy lines at
bottom prices are supposed to have sold it all
out Thursday and to-day, making a hand
some scalp off the crowd. The shorts bought
most of it, and the market was no doubt
well evened in the operation, and is there
fore in condition to be sold down easily, and
we shall not be surprised to see a few days OF
dull markets and probably some decline in
values, but the late bulge will make the weak
bears cautious about selling large lines. But at
the same time we think there are many things
in the situation to tempt further bear raids
by the large operators who have worked that
side so successfully We think the market
is liable to be attacked in this way at any
moment. We also regard it safe to short
the market now on any important bulge. We
cannot help thinking that corn has more
merit than wheat at present prices. There
is all the while large legitimate consump-
tive demand for corn and none for wheat to
speak of, and outside operators are generally
bullish on corn.''