Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1884-01-17

hes resisted the most persistent pounding
all morning by the bear element, and acts
dragging around the bottom to US, and we
believe that wheat bought for turn at
current prices Will pay handsomely. The
public know that prices are low, and need
very little encouragement to come in with
good buying orders. We note also the ex-
| port movement is increasing and better
| inquiry seems to exist for -four, although
public cables are of a discouraging tenor
and are helping prices downward as much
as they can"
While failures have been reported east
and good deal of anxiety has been felt
on the board of trade, only one member
thus far mas succumbed. This was Frank
FL. Johnson. To-day, Mr.. Johnson's many
friends we're reioiced to see him on deck
again. he settled all his business at one
hundred cents on the dollar, and was the
recipient of considerable business this af
terpoon.
The receipts of hogs at the stock yards
show falling off as compared with the
corresponding day last week. Trade
opened rather slow, owing to the lateness
of trains, but prices from first to last
ruled steady and firm on packing grades,
some of the best sorts selling a shade
stronger. On choice heavy there was
slight advance also on good light, but
most of the common sorts Of either light
There were from 80. 600 to 10000 on sale.
The receipts of cattle to-day we're only
moderate, with only q fair demand. Prices
on fat cattle rather weak, but not quotably
lower. Common and half fat, and half
grown steers were 20 to 25o. lower than
last week butchers stocks steady, some
sorts, such as really fat cows, heifers
and bulls selling at high prices. Trading
in stockers and feeders was higher on &C.
conut of small supply and high price.
Only about four cars we're sold
yesterday at range of $3.50, "a
81 for averages of 600 TO 700, and $425m
4 80 for averages of 800 TO $50. The
best breeders of 900 and upward are being
bought by the dealers in dressed beef and
X
pay.
as liberal as had been anticipated, and
among the arrivals only few are really
prime. Some salesmen reported common
as selling shade of, but sll admitted
strong demand and good prices for the
best mutton and the best wooled sorts.
On Tuesday Mr. Charles Randolph was
unanimously appointed secretary of the
board of trade. To-day he has resigned
Internationally on account of i'll health.
Various men have been suggested for the
place-City Comptroller T. T. Guerney,
FL. g. Ramsey, A. 3. Thomas, P. B. Price,
B. T. Howard. D. D. Mitchell! and Geo.
Brine. This evening Mr. Phillip D.
Armour was interviewed in regard to sue
ces 5or TO Mr.. Randolph. He said: sit will
be very hard to fill Mr. Randolph's place.
He is q remarkably able man for the posi-
ton"
''Will Geo. Brine take it?"
"He wouldn't touch it with
ten foot pole. If he
had wanted to work on salary he could
have had twice as much here as the board
pays, and would only have TO be kicked by
one man, aad not very hard by him. So
say every one of the 1000 members would
have shy at him, as they all think the
secretary their hireling. No, Frank How
ard wouldn't touch it either. He would be
one of the best men that could be found
for the place. but his printing business and
his Commercial Bulletin is too valuable to
be given up for a salaried position. have
no favorite for the place, but, I tell
you, it will be hard to find
man to fill Mr. Randolph's place.
There should be some arrangement made
TO have some improvements with a new
secretary. The visible supply of grain
and the stocks in sight should all be fig
ured here and given to the world by the
Chicago board of trade, which makes the
prices for the market of the world.