St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-12-23

ing the amount OF grain still in farmers
ban Is, but who is prepared to say that there
a decreased acreage, or that as per cent. OF
the grain in the hands of the farmers has
been marketed, The govern ment statisticisng
Well, have not spectators been betting their
money on the government figures for two
years, and have they not all lost moneyg
There is really nothing apparent in the natural
situation to encourage buying. The visible
supply, although the largest ever kaoEp, has
not yet stopped increasing. The demand
from abroad has not increased at all. Tue
receipts may or may not have ceased.
The government statistician has not been sue
eessful enough With his statistics to give his
guesses as to the acreage of wheat in the
ground or as 20 the amount Of grain IN far
mer's hands any weight. To-day wheat was
quiet and strong at the opening, a shade be-
low Saturdays last figures, but
some Of the longs began unload
ing, and prices reeeded about &c.
About noon better foreign news began to ar
rive, and New York was strong, with good
export demand, which turned the tide here.
and after liberal buying b. those who inclined
TO take on small lines for a scalp the fore
noon session closed strong at nearly outside
prices. In the afternoon the opening was
steady, and, under good demand. an al
vance of llc WAS established, the close being
at 721Ec for January. about Is under outside
prices for the day. There was considerable
long wheat sold out during the day, but this
was all absorbed, and. considering the liberal
offerings, good deal of strength was maui
of. 4. D. 81
early. and later Boynton sold 100, 900 bushels
of May, while Adams was also observed
among the sellers Wagner was making
changes from January to Nav, giving out
that Armour was his principal. Mccormick,
Kennett & DAY bought about %. 900 bushels
of February, and Weber & Woodbury. we're
also purchasers.
81 do not believe that the bulge is perma-
nent,' said Jack Kitchen, "for the reason
that the trading is all local. It's easy
enough to advance the figures for Saturday,
and last week the local crowd were all selling,
and they've just now turned Monday the
crowd may have all turned sellers again.
There'll be no permanent advance until out
siders are in here
The corn market is as near q stationary
affair, so far as speculative trading is eon-
cerned, as IL well could be aud exist at all.
The old state Of things continue AMI prom
ises to do so until the crop movement fair
sets in and all fear of monkey-work is over
Liverpool was easier and = penny per GENITAL
lower. Our receipts were 232 cars against
$50 Saturday, and thirty-two of them graded
No. year, and the different options started
in rather firm, but weakened little When
wheat firmed up again, and it firmed up, the
total range on the deferred options being
confined TO nc. Year was a little more
active, fuctuating between 36H@37c, and
closing at $500. Eldredge was the most
prominent buyer, his purchases aggregating
about $50, 900 bushels.
There has again not been very much doing
in provisions, though the trading was q de-
cided improvement on the last two DAYS, and
and the feeling stronger, pork advancing
171Ec for January, and 22jlc for February
from Saturdays closing, though about Sc of
the advance was afterwards lost. Lard closes
2Ic higher than Saturday. There was a fair
consumptlye demand aud In speculative
business, some buying by local operators for
long account as well as little covering by
shorts. The better feeling was largely due
to symp patty with the advance in the market
for hogs. One packing establishment sold
to some extent against its production, but
offerings were not heavy, the advance not
being great enough to tempt packers to sell
freely. The feeling at the close was strong,
and there seems to be a general impression
that prices will 60 higher.
AT the stock yards business was fairly ac-
tive. The receipts of cattle were light and
values shade frmer on best. Receipts of
hogs were considerably below the cores
ponding day of last week, with an active
market and sharp upturn in prices. The
best packing grades sold up TO s435@4.4O
aid other sorts down to s4.lO@415. The
bulk at $4.25@s4.3O. The quality did not
show up as ell as last week.