St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-10-28

early were both steady on corn and did not
seem to share in our decline. October
opened Ne lower at 42s<c, receded to Al &c
and closed at that. November opened at
421<c, declined to 41%c and closed finally at
41Xc. Year sold at 39@39&c and closed at
391sc. About the only trade of any size
was sale of 1000 bushels of No. by
McHenry to Champlain at 4215c. The Sep
TENDER clique is said to be long 5000, 900
bushels of October corn. The small traders
about the corn pit, who at first, because they
were not let into the confidence of the clique,
were very vehemently of the opinion that
''the deal was wretchedly managed" and
that "a vast amount of money was lost"
are not so certain now but that Weare and
his friends made money after all. There
were some indications last week that instead
of being loaded still with corn the clique had
really ''shorted'' the market for November,
and successfully covered at a good profit.
The indications, however, were not by any
means clear enough to be conclusive. The
friends of Messrs. Weare and McHenry need
give themselves no uneasiness on their
score. 1t can be truthfully said that their
corn deal was so managed that neither be-
fore it, during its progress nor after its
wind up, if it is wound up,
did anybody hereabouts know its condition.
This is the only deal, save those engineered
by Armour, of which this can be said, and
certain it is that deals that are thus cleverly
managed on this one score are not likely to
be botched on other scores.
s'There is and will be a good demand for corn
at present prices" said Lindblom, shut when it
has been satisfied will have to suffer as
wheat has. The fine weather the past month
has saved the country untold amounts of feed
stuff and with the biggest crop ever raised with
the high wine, glucose and every other industry
FRUSTRATED, why should not corn sell relatively
as low as wheat, ] have seen it below soc in
recent years when there was less reason for it
than now
Oats were quiet, with light orders, the only
notable trades being the purchase of 10000
bushels of May by Dwight & Gillette at 29c,
and $780, coo bushels by W. G. Press at 300
291Sc October oats declined nc to 2514c,
and May closed at Saturdays last figure, 29c.
Bliss talks Of lower prices for May, which he
says will sell at 25c in the next ninety days.
Liberal receipts and lower prices of hogs
have depressing effect on the provision
market. Speculative trading was fair and
prices ruled irregular and generally lower.
Eastern markets were quiet and easier, and
foreign advices were less favorable to holders
of lard, decline of Cd being reported. Pork
was in active Demand for October and prices
nominally unchanged at S11.50, while year
was rather quiet and weaker, ruling at
| 81. 171l(Q11. 20 on the morning board, but
dropping to S11.05 in the afternoon, against
! S11.35 Saturday. Lard showed more activity
but the opening was re below Saturdays
close, which was the highest point of the day
The close was at s6.971l. Ribs were trile
more active and weaker for October, but I'M
changed for November. October opened
35c lower at $3.50. touched 1920 and closed
at 1926. January closed at $5.S75z.
With 800 hogs on sale, the market
opened with sharp decline Of at least 15@20c
along the line, all sorts sharing in the de-
preston. At the decline, however, there
was an active demand, and toward the close
there were more wanted than could be found,
and few statesmen claimed they got shade
more money toward the finish than they
could get at the opeRing. Rough and COM
mon packers sold around $4,000 40, and
the best at 81. 5O@4.6O, largely at $3.50. The
best heavy and Philadelphia made about
$4.S094.90. Fancy heavy were scarce, and
twas said Dowd paid $5.O5 for one lot and
North SIS. 10 for another. The best light as
sorted, such as would suit the New York
market, sold at 81. 5O@4.6O, and skips at
$425@4.3O. The Tibbetts & Burke sort
were making s4.65, against s4.S5 on Satur-
day.
The cattle market was rather quiet, with a
4 steady range of values on fair to good ma
tives, while range stock was generally quoted
stronger. The receipts were about equally
divided between rangers and natives, say
1000 each. There were I03 cars of Texans
among the fresh receipts, and they sold as
well as last week. Gamers making $500
3.75. The general sentiment is that should
the receipts not exceed those of last week,
| $4,000, values will rule shade higher on the
best natives and best rangers.