St. Paul daily globe., 1885-04-05
TRADE AND FINANCE.
Strength Impaired to the Market To
day in an Unexpected Decline
in ConsOls.
The Speculative List Shows Slightly Higher
Prices Than at Yesterdays
Close.
Stocks Quiet, but an Advance Predicted in
NOrthwestern-Gould Buying Lake
Shore.
Chicago.
Chlcag
Special to the Globe.

Special to the Globe.
CHICAGO, April 4-The markets to-day
showed slight advance. The unexpected
and at first unexplainable decline Of Sic in
consols quickly impaired strength to wheat,
otherwise it would have been a weak market.
The close sympathy between foreign quota
tons and grain and provision prices was
never more quickly shown. Nine of ten
operators did not pause to think that the
latest advices failed to indicate that the
Anglo-Russian trouble was liable to result in
other than peaceful settlement, but figures
were sufficient to indicate to them that
SOMETHING WAS WRONG
when the cables soon gave the meeting of
the Afghan boundary commissioners and
trouble in the English cabinet as the osten-
sible cause of the break. The air about the
pits assumed the gunfoundry odor of ten
days ago, and not less than 500 able-bodied
bulls were eager and ready to declare war
forthwith. May wheat was hoisted &c, but
in the absence of an actual declaration of
hostilites it remained at S17S@S1$5c. hover
ing about those figures until the closing hour,
when slight decline was noted, the latest
bulletins showing S0Tc, with firm feeling.
April closed at 76c, June at S255c, and July
at SAGE. Considerable quick and sharp
trading was INDUCED in, but it was confined
almost entirely to scalping deals in the usual
absence of outside orders on Saturday.
THE CORN MARKET
was dull and featureless, the whole range
for the day Seing only &c per bushel, May
opening at Al Tc, advancing to 42c, declin ed
again to 41Xc and closed at that, being just
the same price as yesterday. Late advices
point to diminished receipts, and as the cash
demand continues very good better prices
are hoped for, though they cannot be de-
pended on. The closing figures were 37$Ic
for April, 4155c for May, 424c C for June and
1890 for July.
OATS WERE QUIET
and steady at a shade over yesterdays quo
tations early in the day, but the interest
soon Jagged and prices eased off fraction
Cash was in good request and firmly held.
Quotations at the close were 2S$6c for April.
3lTc for May, 32 2115c for June and 3214 for
July.
THE PROVISION MARKET
displayed but little activity and prices were
about the same as yesterday, although shorts
manifested some disposition to cover Nav
pork opened at ST. 10, advanced to S11SO,
declined to S11.70 and closed at the opening
price, slightly higher than yesterday.
Seller April closed at S11.6O,
June at S1LS2M, July at $11.95,
Lard was quiet, closing about as yesterday at
$3.50 for April, $3.50 for May and $500 for
June. Short ribs were in light request, clos
ing $3.50 for May, S5.9719 for June and
S6.0219 for July.
AT THE STOCK YARDS
BUSINESS in all branches was fairly active for
Saturday. Receipts were liberal and prices
underwent little or no change as compared
with yesterday, but during the week values
have dropped 20 to % cents per 100 on cattle,
hogs and sheep. Receipts of stock for the
week are about 40, 900 cattle, 1000 hogs and
$4,000 sheep, and about an equal number of
each Is looked for Iext week.