St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-04-03

tions in the leading futures-sellers May
covered range of only 221Ic. The trading
in May, June and July futures was very fair.
Cash pork closed nominally at S17.30. May
opened at S17.6715, declined to S17.35, re-
acted to $17.65, and closed at s17.471S on
both 'change and curb. June closed at
S1757H.
Lard was weaker than pork; and at the
close was selling 25@271lc under yester-
days closing quotations on 'change. Open
ing sales were made at the highest quotations
of the day, and the closing at the extreme
inside figures. May, June and July were the
leading futures, with traders, and in these
quite large business was transacted. Cash
lard was dull, closing nominally at So 80;
May opened at 1926, sold up to $9.2715,
then down to 50 05, up to $9.12N, declined
to 80 and closed at SS.95 on both call and
curb
The days transactions in meats were two
insignificant to show the feeling among
holders. Buyers have evidently Withdrawn
to wait developments. Short ribs closed at
S9.05 for May, and s9121I for June.
The estimated receipts OF hogs were II, GOO,
against 9,499 last Wednesday, an increase
of 5000 over the corresponding period last
week. There was no demand for assorted
and heavy, hence no high priced hogs ap-
peared in the sales In fact the range of
values showed over them yesterday, yet the
general market was stronger from the be-
ginning to the end.
The estimated receipts of cattle for the day
were $500 against, 5,1S9 last Wednesday
morning, about 100 more than for the cor
responding year last week. Trade opened
slow; orders came in late, and the morning
was a disagreeable one on account of the
mud and snow, yet there was fair steady
demand at unchanged prices for all grades
Of fat cattle. The export orders were light,
and the supply was also higher than last
week, in fact the general range is 10c to 15c
higher than last week. There is demand
for stockers, but the supply is light and the
volume of business small, with firm range
of prices.
There was little or no change to note in
sheep. Receipts were just about equal to the
demand and prices the same as on the pre-
viOus days of the week.
Milmine, Bodman & Co. say: "We see
no improvement in the general situation
and conclude we must sell lower, and we
still think wheat good sale on all hard
spots. Think the provision deal must follow
the balance soon and don't believe it can be
held up in the face of declining grain mar
kets all around.'
Minor, Richards & Co. say: ''We consider
the situation, both as regards wheat and corn,
as being still very weak and liable to sell
much lower, and advocate selling on strong
places for a fair proft.''
Crttenden & Harvey say: "We think
around SIC for seller May shall find some
good buying orders, and it may prove the
turning point, although local feel
ing rather favors the selling
side, and unless some of the big men support
the market we shall not look for much rally
for while. We regard the decline in corn
a forced arrangement, done to create short
selling and shake out weak holders. We
cannot say where it will stop, but are inclined
to think it will not go much lower. A move
ment in provisions win carry prices lower
temporarily, but would short the market
cautiously until trade conditions are more
fully developed.n