St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-10-29

December. In Iowa the crop was being rapidly
gathered in good average condition. The quail
ity of the crop in the different states is excellent
and farmers throughout the whole
section are ready and anxious
TO sell for reasons: First-They
are short of money and prefer to hold tier
wheat rather than their corn. Second-They
have been getting good prices for cattle and hogs
and have sold up pretty close leaving them not
much stock to feed as usual. The average
price at which farmers were willing to sell their
corn, found TO be from 15c 70 zoe for seventy
pounds of ear corn according to location or dis
lance from the market. Buyers, however, were
not ready TO do anything, corn was not then in
proper condition TO handle safely Farmers
there will sell freely on this basis just as
the condition win warrant buyers in taking hold.
Money was tight everywhere and merchants are
grumbling about slow collections"
October opened &c lower at 411sc, sold at
41AsQ411 &c on the morning board, closing at
Also In the afternoon the close was at &c.
November opened at 411.c, sold up to 42c On the
morning board and up to 4s2zc, closing at AZ
on the afternoon board. Baldwin was reported
as being the heaviest bear on corn, but during
the istter part of the session his sales did not
buyers of May corn, and are entitled To 4 share
of the credit Of advancing the price of that
option from 1880 to 395Ec, where it closed.
There was very little confidence shown,''
said A NJ. Wright "Should the weather con-
tinue cool and clear any material improvement
seems unlikely, as every day like the present
aids in drying ont the new corn and puts it in .
good condition for market. Large deliveries to-
day on October contracts also indicate that the
bulls have lost faith il material advance in No
vember."
1.-The market is largely oversold,'' said G. j.
Brine, land should shipments continue, look
for some advance within the next three or four
weeks
Though the range Of fluctuations was narrow
oats were fairly active, there being quite a good
demand from investors. The visible supply
showed decrease Of 2S9, 357 bushels, aud there
were reports circulated of poor yield in Kansas
and Nebraska. W. G. Press was large buyer
and is believer in high prices. October oats
advanced ~ over yesterdays close TO % &c and
May oats Ia to 2914c.
Provisions were fairly active and steadier
feeling prevailed, notwithstanding the fact that
foreign adyices were less favorable TO holders.
Pork opened lower for distant deliveries, but
rallied later, and at the close year pork was
quoted 22zc higher at s11.27I, and January aOc
higher at S1145; October was unchanged.
Lard was steadier and october closed steady,
while new showed sc advance and closed at
s5.S21k Ribs were in light demand and changes
were slight, consisting of an advance OF Sc to
50 30 for October, and decline of I0c to S.. so
for November.
The cattle market was slow and weak, with o
tendency towards sharp decline for everything
on the list Texans are selling within the range
of S3.4O04. 25-carners making SS.5093 IS.
One drove of Montana Texans made $3.50.
Range cattle may be quoted at from S4G5.25,
according to quality. Among the fresh receipts
were 165 cars of westerns and 140 cars OF
Texans
The hog market was fairly active, opening
strong and closing rather weak, on the average
a strong &c lower than at the opening. Rough
and common packers sold around about S4.254
4 .4O, and the best packers at 81 5O04 90 and
Whereabouts Heavy made 81 .65@4.75, and fancy
assorted heavy 81 sO04.S7H. The Anglo-Amer-
lean company were not buying but the Packing
| company commenced, so that there were the
same number of packers on the market as yes
terday Light sorts were as usual on Tuesday,
not wanted, as shippers are generally out of the
market on that day.