Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1884-01-23
ing was weaker, but frmed
up when May closed at 5815c bid.
frmed

ing was weaker, but frmed
up when May closed at 5S15c bid.
Oats were active and higher to-day, and
clossd with an advance of 1@11ac. Stocks
in the interior are said to be very
large. Shippers are reported to be selling
May against holdings in country elevators.
A stronger feeling was developed in the
market for hog products. Prices advanced
materially on all the leading articles,
though outside figures were not fully
maintained to the close. Receipts of hogs
were not large, and the market was higher.
This encouraged speculative operators to
purchase q lit Ie mere freely, both on
local and outside account. Offerings were
moderately large of all descriptions, and
trading was chiefly in contracts for Feb
ruary, March and May delivery. The
shipping demand showed some improve
ment, but the extreme views of sellers
checked buying to some extent. Foreign
advices exhibited a little more strength
and quotations we're advanced 6d@1s on
bacon. Eastern markets were steadier,
and advices indicated sympathy with the
course of the market here. Receipts CT
products were moderately large and ship
ments were more liberal than for several
days past.
Shepard & Peacock say: "A very active
market and strong one has been the rule
to day and the advance, while not being
great, was steady one and significant of
still better values. Armour has been a
liberal buyer of pork and short ribs, and
Fowler Bros. are on the market as buyers
OF lard for May. Deducting the daily
shipments OF hogs faom the daily receipts
does not leave local packers much to work
on. The chipping demand for the stuff is
good, and outside orders on speculative
account are i'm proving"
Crittenden & Harvey: ''We look for
some easy spots, but believe we shall ses
marked decline sets in, and would buy if
we got little decline"
Receipts of cattle continue to fall con-
sIderably below last week, being 1000 less
for two days. Trade opened brisk and
prices ruled hrm from first to last. Com
mon sorts of half fat cattle and rough
steers that went so low last week are rapid
ly regaining. For all descriptions of
butchers, buyers were, to use an expression
Of the trade, climbing over each other"
to get what they wanted. There was good
export demand, and the shippers to the
seaboard markets we're not backward in
bidding for their share. Receipts of hogs
are about 10000 less than for the CORES
ponding period last week. Trade opened
brisk, especially On the best heavy for
which speculstor5 fearelessly outbid the
buyers for packers, in some instances pay
ing 10@15c OVER the current prices of
yesterday. For medium mixed or straight
lots of packers there was only slight
advancing and not that III all cases. Assert
ed light also only sold shade stronger
than yesterday, but assorted heavy and
Philadelphias and shippers generally sold
10c to 15o higher, the range being Sc 10 to
$6.4O--the outside said TO have been paid,
yet we found no record of the sale at the
hour this report was closed. The general
market ruled strong, with all classes of
buyers "wanting few" as the saying is.
Receipts of sheep show falling Off of
from 1000 to 3,000compared with last week.
The general market may be quoted as
considerably higher, yet the greatest ad-
vance is on the best fine wooied, clear and
healthy.