St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-12-31

showed considerable frmness. The visible
supply statement showed a decrease OF I6S,-
600 bushels. Year opened at Yesterdays
closing figure, 3s1<c, but declined and closed
~ lower, while February advanced in about
the same proportion. May was the strongest
option, never getting below CSC, and closing
&c above It. The scarcity Of graded corn
was felt in New York to-day, delivery for the
current month having advanced from 15c TO
zoe In that market Opening transactions
there were at about COO, and later soc was
paid, with Use bid at the close. The situa-
ton here, however, was not affected by this,
there being no indication Of manipulation
in this market.
In the provision pit pork opened Sc higher
at $40. 95 for February, but frmed up again,
reaching slL02X aud closing at SII, Toe
above yesterday. Packers appeared anxious
TO sell, but 1t was reported that they were
really buying quietly, and this, with the SYM
pathetic strength impaired by wheat. was re-
sponsible for the advance. Lard opened
21Ec lower for January, but advanced and
closed 21zc higher at s5.571f, ard February
opened 21<c higher and closed Sc higher at
$500. Ribs were also stronger and scored
an advance of 21<c, closing at s5.575S for
January, and $500 for February. ~
At the stock yards business was moderately
active, with fair receipts Of stock. The best
sorts Of fat cattle remain steady at the ad-
vance Of last week, but medium and low
grades are lower. The market is decidedly
against the handling Of large quantities OF
meat either beef or pork, and is at least SO
lOc per 100 against the seller of either cattle
or hogs. Packers were paying 81. 1904 20
for good mixed sorts. and 81. 25lQ4 80 for
best heavy, with common and rough around
about $494.lO.
THE ANNUAL ELECTION.
Western Associated Press
CHICAGO, Dec. 30.-The annual election
Of officers OF the Chicago board OF trade
occurs January 5. This afternoon a caucus
was held on the floor Of 'change, at-wnfeh Il.
Nelson Blake was renom kAted for president
and j. II. Milne for second vice president
Another ticket will be named tomorrow.
The approaching election, it is expected, viii
reflect the opinion Of the majority Of the
members of the board respecting the fur
uishing Of quotations TO bucket shops, Mr..
Milne having made a determined personal
light as chairman OF the com mittee on QUO
tations against permitting bucket shops 10
have quotations. 1t is stated when be began
the war, there 5000 of those institutions In
existence. 1t was necessary TO aceonp iish
this 10 throw over contracts with telegraph
companies to eject from the floor Of 'cnange
all market reporters in the employ of tele-
graph companies and 10 employ reporters
who should be attaches of the board OF trade
itself. The fight grew bitter, and practically
embraced every large city in the Union. All
the boards of trade in the country Joined In
the crusade except the Detroit board Of
trade. The charge has now been made
against Mr.. Milne that be has been furnish
ing the firm Of Lamphere o. Co., at Detroit,
with quotations, aud the allegation Is also
made that the firm Of Lamphere a. Co, is a
bucket shop concern. Mr.. Milne acknOwl-
edges having transacted business with Lam
phere q Co., but contends that that firm has
been doing a legitimate business Mr.
Milne desires TO have the matter invrsti-
gated, and this is now being .&pne. These
allegations against Mr.. Mid have ema-
mated largely from the allies OF bucket shops
in retaliation.