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 Their
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
as much stock to feed as usual. The average
price at which farmers were willing to sell their
corn, found to be from i5c to zoe for seventy
pounds of 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 win sell freely on this basis just as soon as
the condition will warrant buyers in taking hold
Money was tight everywhere and merchants are
grumbling about slow collections"
October opened &c lower at 411sc, sold at
4fs 041Ac on the morning board, closing at
Also. In the afternoon the close was at Al &c.
November opened at 41Hc, sold up to Acc on the
morning board and up to 42alc, closing at ~ a c
on the afternoon board. Baldwin was reported
as being the heaviest bear on corn, but during
the latter part of the session his sales dill not
produce much effect Matthews 6 Roche were
buyers of May corn, and are entitled TO share
of the credit Of advancing the price of that
option from 1896 to 1890, where it closed.
.sThere 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 ma rket. Large deliveries to-
day on October contracts also indicate that the
bulls have lost faith in material advance in No
vember''
1.-The market is largely oversold,'i said G. j.
Brine, land should shipments continue, look
for some advance within the next three or four
weeks
Though the range of fluctuations narrow
oats were fairly active, there being quite good
demand from investors. The visible supply
showed a decrease OF 239, 357 bushels, and there
were reports circulated of poor yield in Kansas
and Nebraska. ". g. Press large buyer
and is believer in high prices. October oats
advanced q c over yesterdays close TO 25sz C and
May oats Il to 29l4c.
Provisions were fairly active and steadier
feeling prevailed, notwithstanding the fact that
foreign advices were less favorable to holders
Pork opened lower for distant deliveries, but
rallied later, and at the close year pork was
quoted - nc higher ct sil.271.. and January 20c
higher at S1145; October was unchanged
Lard was steadier and october closed steady
while new showed &c advance and closed al
S6.S2H. Ribs were in light demand and changes
were slight, consisting of advance OF SC to
50. 80 for October, and decline of loc to 81 so
for November.
The cattle market was slow and weak, with a
tendency towards sharp decline for everything
on the list Texans are selling within the range
of S3.4G04 25-canners making S350@36 IS.
One drove of Montana Texans made $3.50.
Range cattle may be quoted at from S4Q5. 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 sc lower than at the opening. Rough
and common packers sold around about $3.50
4 40, and the best packers at 81 .5OG4. 90 and
thereabouts Heavy made 81 65@4.75, and fancy
assorted heavy S4 sOG4.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.