St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-01-11

.671S May, sold at s12.75, and receded
under a continuous selling pressure to s12 25
and closed at S12.3 .30@12. 325I Lard was
freely offered, the demand was chiefly to
cover shorts, and prices receded zoe and
closed at about the lowest figures of the ses-
sion, opening at S7.07H@7.10 March, clos
! ing at $500 bid. Short rib and sides were
less freely called for, and declined zoe to
S6.05, and closed at S6.O5 bid March
The Daily Commercial Bulleta says this
evening in reviewing the provisions market
for the week: An unusually active specula-
| tive business was transacted on the market
for hog products, hut the feeling was nervous
and unsettled throughout, and prices fuctu-
ated frequently, and sometimes within quite
q range. Shorts purchased rather freely
during the early part of the week, owing to
the strength developed in the hog market,
and prices were advanced quite rapidly on
all the leading descriptions. The upward
tendency in the hog market encouraged more
liberal arrivals and prices weakened again,
when had an unfavorable influence on the
Cincinnati Price Current of the winter pack
ing, showing an increase of about 1000, coo
hogs for the season, also encourages rather
more liberal offerings of the product, espe-
cially of the more deferred deliveries. The
shipping inquiry was rather limited early
in the week, but towards the close more ac-
tivity was noticeable, especially in picked
CHI III intr :
this point is now about $50, 900 hogs in ex-
cess OF the returns of last season to date,
and It's expected that it will gradually en-
large to the close of the season. An in
crease in the packingof the west of LOCO, 600
hogs, and per cent. additional in weight is
equal TO an increase of 230, 900 pounds of
the product. The receipts Of the product for
the week were moderately large, and the
shipments of all kinds liberal and widely
distributed. There was considerable product
forwarded which had been accepted on prev
iously made contracts. The market closed
rather steady at medium figures of the week.
The foreign demand for hog products was
only fair during the past week, and very few
orders were provided for, owing to the differ
Fancy cuts Of bacon were in some
demand in the way Of filling small orders,
but trading was light. Transactions in lard
were limited, owing to the advance in prices.
Advices from Liverpool indicated an easy
feeling early, but toward the close an ad-
vance Of 6Q9d in lard, 1s@ls Sd in bacon
was reported. The stocks in Liverpool were
fafr frr ho nf ba nto1
markets were quiet and steadier, but buyers
unwilling to pay any advance in prices. The
export movement continues fairly liberal and
a good proportion consists Of the product ac-
cepted on previously made contracts, or con-
signed to established agencies.
The domestic inquiry for hog products was
moderate during the week just closed. The
offerings were not very large, and buyers
were slow 20 meet the views Of sellers. Or
ders from the south were only fair. but the
shipments Of the product in that direction
was quite liberal, indicating that some of the
property accepted on previously made con-
tracts was transferred TO distributing points,
particularly mess pork ana short rib sides.
The orders from New England markets were
and shoulders for future delivery, while the
inquiry from the distributing markets Of
the middle states was somewhat limited. The
demand from the Pacific coast markets was
meagre aud almost exclusively for special
articles. Light weight meats and lard trad
ing with Canadian markets and the lumber
districts was comparatively light, the upward
tendency In prices checking business.
Al the stock yards there were liberal re-
ceipts Of hogs, which, with those left last
night, would make the number on sale equal
to 50. 900 or $4,000. Prices we're to 10
cents lower on packing sorts, and 10 to IL
cents lower on assorted light. Receipts for
the week about 945, 900, and for next week
about that number is looked for.
The cattle market was active to the. extent
Of the supply, which was light, and values on
nearly all sorts ruled higher. Receipts of
cattle for the week, Al 800, and of sheep,
$4,000, making 3l3, 500 food animals re-
ceived and distributed for the week. The
live stock trade is in healthy condition.
and prices paid leave a good margin for the
producer.