Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1884-01-08

large estimated. The packers we're holding
of from buying. The crowd we're in q state
OF nncert7inty, owing to the stock OF
meats aud lard being so much larger
than was anticipated, end they we're
nervous over the assertion which has bgeD
made very strongly that hogs we're being
held back t2y commission men at various
poihts under orders from large packers
Despite al these various Influences the
market opened strong, with slightly higher
prices but with little activity. Later the
weakness of the grain market extended
and pork declined log l5c, lard 5@1Oc,
ard ribs 5910c. On the cali
there was squirt of activity
and prices appreciated SO that on
The curb quotations were about the same
as on Saturday at the close Of business.
Inc new strength vas largely imported by
Fnli Armour's purchase Of short ribs, Of
which he bonght million pounds.
Onttenden & Harvey say: "We think the
outlook fayors buyers II anlthing on
weak plsces." Shepard & Peacock: "We
must have large receipts OF hogs before We
can expect much activity at the yards, and
under such circumstances we can only
look for quiet market in produce
particularly with such a volume of bust
ness as is now current.
The receipts of hogs fall considerably
below anticipation. Nearly everyone ex-
pected $4,000 10 $1,000, yet the number will
barely exceed 1900 The demand vas
sharp as the market really opened. For g
time both packers and speoulators brought
out freely, and there were several more
packers on tbs market than on Saturday,
but after both filed their orders there was
q slight reaction, but no5 an essential de-
cline as compared with Saturday.
The range on assorted light and fancy as
sorted shippers was fully up to any day
last week. The daily Commercial Bulletin
IN referring to the moveme4 1t of hogs and
progress of packing operations at this
point says:
The receipts of live hogs during the
past week were 1924 against 102,6S9 for
the week previous ard 1859 for the
corresponding week last year. The ar
rivals were considerably lighter than
expected and the quality vas only fair.
The falling off in receipts is partially at
tributable to holiday week, the cold
weather and the reduction in prices SUBJ
mitted to during the week previous. The
demand on packing account was limited,
as manufacturers of product had no press
ing orders to fill. Shippers, however. were
quite free purchasers, taking the bulk Of
the offerings. The market in general
way exhibited considerable strength, and
receivers were enabled to obtain
quite satisfactory figures. Prices ad-
vanoed 25@30c per 100 pounds, moro par
ticulsrly for the better qualities. Sales
ranged at $485@6 80 according to quali-
ty, with the bulk Of the transactions at
$b35@5. so. The receipts at ether west
ern packing points have been light, but
the quality good. Packing operations
were conducted OF a very limited scale
during the past week. The supply Of hogs
was small, and packers we're not inclined
to do much business. Manufacturers for the
domestic trade transacted but little bust
ness, and the bulk of The slaughtering was
crsdited to those houses which make a
specially of meats suitable for the export
trade. Mess pork was made sparingly
and other cuts Of pork receive little atten-
tion. Hams and shoulders were made
moderately, short ribs met with some
favor, and the manufacture is fair. Long
and short clear sides attract little atten-
tion. Foreign cuts of meat are made
moderately.
At the stock yards the receipts of cattle
were considerably larger than anticipated,
yet there was good demand for anything
that would do for shipments or the dressed
beef trade, and at prices fully as good as
on any cay last week. For export cattle
there was better inquiry shan on Satur-
day, and for such prices ruled strong. For
the best description of butchers stock, fat
heifsrs and fat COWS, the dsmsHd was
steady. Some statesmen complained that
corners and common we're slow and
shade easisr. stookers and feeders were
quiet owing to The limited number on sale.
The trains on the Chicago, Burlington g
Quincy were soaewbat behind.