St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-10-16
GLOBE THURSDAY MORNING OCTOBER 6l884

@5sc higher, but the weather, on the other
hand, is all that could be asked for in
the way of drying out the new crop, and it is
secretly whispered around that some of the
current receipts are already from the new
crop, though this is somewhat doubtful. More
than this the signal service predicts a con-
tlnuance of cool, fair, dry weather, and many
are imagining they can see the big loads Of
corn coming in now. Love, acting presum-
ably for the clique was the most active in
breaking the market, and near the bottom
z. B. Weare, Culver 81 Co., and others of
like ilk began buying, having concluded
that a sufficient decline had been
scored for one day. In the afternoon there
was another slight decline, October closing
at 54c, November at Size, land year at 425lc
against 1890 yesterday.
G. 5. Everingham s. Co. say: "a large
amount of corn carried for outside operators has
been closed out on this decline and this we think
will leave the market in a healthier condition.
We have the idea that parties controlling this
deal have not let go their holdings yet or desire
to do so, and think to-day's break in prices will
only put the market more fully IN their control.
| We have predicted severe fluctuations in the
|
TO see more of them. We regard seller the year
as safe option 10 operate in, and note that the
decline IN 1t has been, might DE expected,
| very moderate as compared with October and
November. We consider ii good property on
| all declines. October and November are so
entirely within clique control that predic-
tions TO the immediate course of prices are
useless
The ChandcrBrown company says: 'sWe
think the best course to pursue at present would
| be 10 let the near options alone. That the
clique are still in the market there i no question,
but their movements are so mysterious that it
would be mere guessing TO make prediction as
10 what their future line of action will be. A
great many of the most conservative operators
believe that the clique have been quietly selling
for some days past
Oats sympathized with the general weak
ness and October declined TO 26c, full ceut
below the opening, but rallied &c at the
close. Year dropped $5c TO 1898 and closed
at 2915.
In provisions there was fair speculative
business, but the feeling was somewhat I'M
settled and prices irregular within a mod
ate range. Foreign advices indicated q
steady feeling and unchanged price, and
eastern markets were without material
change. The shipping demand was moder-
ate, and liberal receipts and lower prices for
/ hogs exerted a somewhat weakening inlu-
ence. October pork got out of the old dull
rut by dropping 25c to S16.25, but year, on
the contrary, advanced 1215c above yester-
days close to S1210 The business in lard
was fair, but the feeling was weak and IN
settled and prices declined 5Q1Oc and closed
at 1925 for October and S720 for Novem-
] Iar Il 4
ruled steady at So 60 for October and 81 %
/ for November.
The cattle market was rather tame and
/ prices rather weak. Among the fresh re-
ceipts were about 300 cars of range cattle
mostly Montanas and other Northwesterns
! Stock calves are making 50 to ST per head
and selling quick. Range cattle within the
past two or three days have sold at the low
| est prices for the season. Texans of fair
average quality, such as are used by Gamers
! and butchers, have sold within a range OF So
Q13 %, and the best averaging close up to l, 900
| pounds, at IS 1903 50. The best Montanas,
averaging 1850 to 1850, have been selling
at 81. 7OG5. 10 and then down as low as SO. so
/ 93.SO for common and medium. Wyo-
mings have been of fair average quality, a
/ few of the bes5 droves making 81 1905 and
then down to between s3.40@3.9O for the
| common and medium sorts. Northwestern
Texans have sold from So. 4O@3.6O. North
western range COWS have sold at from $50
3.75.
The hog market opened dull, with, adding
the 1000 left over to the fresh receipts,
about 40, 600 on sale. The first sales showed
decline of a strong Zoe, but toward the
close there were more orders and the market
generally closed shade stronger than at the
opening, yet there were again q large num-
Der carried over. Common skips and grass
ers sold around about s4.40@4.6 CO. common
to fair light $4.S0@49O, and the best as
sorted around about 81. 7O@495, good to
choice packers 10, and the best heavy,
including Philadelplias, at IS. 1OQ5.25.