St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-01-01

weak. There was not much big trading to-
day, hardly any in fact, and traders we're on
all sides of the market. For instance, Hamill
& Brine, who as representatives of Ed Cot
trell, are cutting figure on this advance.
They were sellers at the opening, but buyers
later, and Abe Poole, who last night wrote
bear circular and was selling at the opening,
was also buying later.
There is great ado" said Robert Lind
blom, ''over the $4,000, 900 bushel visible
supply. The people who enlarge upon these
figures are not aware that twenty points are
now taken in these statistics where ten years
ago not ten points were figured upon. They
do not know that within the last twelve
months 5000, 900 bushels in the northwest
at Minneapolis and St. Paul were added to
the visible supply, which was not at all con-
sidered before that. The fact is that the Wis
ible supply between Chicago and London is
10, 000, 900 bushels smaller than it was last
year. aud, while there is vast deal of grain
sight here, and in the northwest, it is
partly because new points have been added,
and because farmers have been urged by
damphool newspapers to sell all their wheat. +"
The large miscellaneous buying during
the past few days. said A. NJ. Wright. ''has
widely scattered holdings, and any adverse
influence Of pronounced character would
be likely to cause break. 1t looks as though
a reaction would occur ere a further large
advance is established, but l think that
purchases made on sharp breaks would prove
profitable"
Milmine Il Bolman say: "The boom
seems to he losing its force, and little de-
termiued selling win likely shove the market
back into the old rut again. We have not
had much faith in this bulge, and We still
think the general situation does not warrant
any material advance in values at present.
The export demand seems to b. on the ad-
vance,
''Nearly all the large operators are now out
of the long deal,'' said Eyeringham, 'and
book their wheat at lower prices. If they
succeed, and 1 think they will, / would adj
wise buying at the decline, but, If the decline
does not come by Saturday, think the bull
movement will continue, and advise pur-
chases at the then ruling prices.',
The corn market has again been quiet
by the selling out of corn which had been
held in expectation of corner in year and
also by the selling out Of January in antici-
patton of free deliveries on the first business
day Of the year. Receipts have also been
heavier the last few days, and added to the
weight on the market. In spite of all this,
however, the decline is only re on January
aud &c on May. The former option opened
at yesterdays close, SIC, got down to 3435c
aud closed at 345sc. May opened &c
higher at 3s1lc and settled TO close Of 37s4c.
Year opened at 354c, went up so 353sc,
Gown to S414c and closed the same as Janu-
ary.
The provision market opened active and
stronger, the weather being more favorable
for packing, and causing an improved de-
mand for hogs, Of which the receipts we're
lighter This reacted on the provision mar
ket and February pork opened 125lc higher
and advanced another 12Ilc to SLIPS, but
lost some of its strength later and closed
171lc above yesterday at S11.171l. while
January closed at an equal advance, the last
figures being S11.0715. Lard opened and
closed 7jfc higher at S6.72 for February, and
S6.62 for January, the range being confined
10 2iSc either way. RlDs scored an advance
Of 15c and closed at the highest point of the
day, s5.72N for January and 1915 for Feb
ruary.
"The speculative trade" said habitue of
the pork crowd, lis larger than it was, but
still altogether local aud consequently likely
to fat out any moment. 1t is hoped and ex-
pected that after January l the outsiders will
be here in large numbers"
At the stock yards the receipts of cattle
were Hight and the market active to the ex
tent OF the supply, with an advance of 100
15c per hundred pounds, making an advance
of about Poe this week in the best shipping
and dressed beef stock. The hog market
was also active, with an advance Of stron
1Oc per 100 on packing and shipping sorts.
The best sold up TO S4.40d45 so, and good to
choice mixed at s4.2594.35. and common
down to s4.100415. The quality generally
was prime. Official figures show that there
were received at tue stock yards for the year
ending LAST night l,sl4, O60 head OF cattle,
80, 2s9 calves, $3.50, IT'S hogs, SOL O2 sheep
and ls,5Is horses. The total number of cars
Of stock received was 1S5, $50.
CHICAGO FINANCIAL.