St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-13

all important bulges, barring, OF course,
calamities of weather. The speculative mind
is ready and waiting for something to turn
up in the shape of weather or war on which
to hold boom. We still think well Of corn
and believe the July will do to buy on soft
places"
Shepard & Peacock say: sWe cannot adj
wise buying wheat save on depressed mar
kets although some advance may follow, but
the character Of the buying is not right for
continued advance. We believe in buying
corn on all breaks. The provision clique
have shown very little aggressiveness lately,
and the general trade takes hold with little
more confidence"
Mccormick, Kennett s. Day say: ''Wheat
is 10c lower than the average at this season
for the past fifteen years, and we think long
side soft spots will pay a good dividend in
the near future.''
Crittenden & Harvey say, we think there
is bull movement brewing in provisions,
but the market acts too nearly even in a
speculative way to admit of any permanent
bulge.n
"Crosby & Co. say: "Brokers who were
working in the bull interest yesterday were
sellers on the bulge. The market had tired
look on the extreme and after the above
buying was concluded both deals dropped
off a fraction. The call and also
the curb was only moderately
active but frmer under scalper influences.
The reports of damage to the winter wheat
are supplemented by an Illinois crop statisti-
clan, whose circulars received to-day recalls
various literary efforts of last spring in the
same direction. Our national bureau, fear
ing it might be anticipated in this same
cause, gave birth to a series of statements
that were startling, if not ineligible. Even
in view of the fact that these statis-
tics have lost the speculative element
of the country on untold sums this
year they are launched upon an unsuspecting
market that is ranging IL to 15c below that
of year ago, and hence during the past
forty-eight hours have attracted more atten-
ton than they would otherwise have re-
ceived. The former item probably induced
the covering of wheat to-day and the latter
omplished the same result in corn"
Receipts of cattle to-day were 1000
head, making 5000 less than
for the first three days of last
week. Shippers and dressed beef dealers
bought sparingly on account of the small
offerings, and the market held steady at
former prices. Butchers and Gamers stock
sold well, and the market was firm. Heavy
stockers and selected feeders met with good
demand, but lean stock aud calves were dull
and 25(050c lower than last week.
The receipts of hogs here increased 5000
over the first part of last week, to days ar
rivals being 14,000. For all grades except
choice heavy and Philadelphias the market was
dull and 10c lower, but as the above
grades were difficult to obtain, holders of
such easily obtained former prices. The
sluggishness of the trade was due to the fact
that packers were out of the market, and
shippers had only limited orders.
A good demand existed for choice sheep
and sales were at full prices. Common and
medium were dull, with the trade in them
very unsatisfactory. Lambs sold well at
S6@7. Receipts to-day were $500.