St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-19
cattle and for select the form

fat cattle and for select the form
er rates were obtained, but the feeling
was weak, and prices averaged l0C9l3c
lower The other markets remain in about
the same condition as ours, with no life to
the trade. Butchers and Gamers stock is in
moderate request, but stockers and feeders
are dull. Export steers weighing l,400 TO
]. 800 pounds sold at Sc. 50@6. 60; medium to
choice steers, LOO to 1, 400 pounds, at $3.50
@6. .25, lighter steers, 1000 to 1, 100 pounds,
at S.. .25(D5.50 Fresh receipts were 1900,
against 8, 1886 last Tuesday.
The hog market was dull and weak, with
prices 5(010c lower on all grades. Packers
and shippers grades sold at S640@7.00 and
selected at S7.10@7.2 choice light, s6.15@
6. 10; skips and common light, S5.25@6. 15.
Receipts H. 900.
The arrivals of sheep were 1900 above
those of last Monday or 1000 for to-day.
The shipping and local demandwas light and
the market dull, with prices SOC lower than
on Tuesday last.
Crosby & Co. say: ''The crowd is bearish
and would be inclined to sell wheat freely,
but does not do so on weak spots at these
prices, fearing scoop similar to the one
made last week. This probably is the occa-
sion of May closing above Csc, rather to any
buying or supporting influence. Bad crop
reports continue to come in, but attract less
attention in view of the spring rains now in
progress here and west. Corn
was more independent of wheat
to-day. The scalping element is
rather bullish on lighter receipts and good
demand for the low grades and with light
trading this was sufficient to give market its
frmness.o
Milmine, Bodman & Co., say: "We think
the bearish feeling here now is quite general
and think the market may sell lower 1t
probably will 60 down now until the short
line becomes larger, then we may get some
reaction. Some of our friends here ask if we
think the market will go below 9Oc
| for May wheat. We answer If that
winter wheat crop promises fair, the average
on first April market will most likely sell be-
low 90c and probably below SOC, but after
all there is no use making these guesses SC
far in the future. We cannot expect to dc
more in those letters than give our impress
sion of the market from day to day and find
We miss it often enough at this without at
tempting to look into the far future. We
still contend that there is nothing in the
present situation warranting present values
! and further decline we think probable
Crittenden & Harvey say: "We look fol
some rally before seeing lower prices, but
think better stay on seller side of market on
rallies as long as long as local feeling con-
tinues as unsettled and bearish as at present.
We look for corn to sell at very much better
prices, especially if the weather should prove
rainy and unsettled and if the demand
keeps pace with the supply there will
be nothing lost in buying at current prices.
We regard it hazardous to make short sales
to stand on, and yet would not advocate
much buying. Prices are way up but parties
who have controlling interests can shape val
ues to suit their inclinations, and when the
right time comes will probably inaugurate a
lively bull movement