St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-02-15

easier, No. for May sold at 3035 @3019c.
Rye was firmer and shade higher. Barley
was quiet and unchanged. Provisions were
weaker Mess pork for May sold at 49, 10@
13.l7T, and closed at SI3.15@13. ~.
Lard for My sold at 81. 1507. 20, and closed
at SIZE. Short ribs for May sold at s6.65Q
6.725S, and closed at s6.671E@6.70. This
has been
THE DCLLEST WEEK
witnessed on change during the past twelve
months Many pronounce it the slowest for
years, and to crown all, to-day was more
lethargic than either of the five preceding
ones. and the fluctuations in values, if slight
changes could be called such, the most mar
row. Wheat was without new, or, in fact
any features, except an increased apathy ac-
companied by a slight decline, and the clos
ing figures show a depreciation of 1sqNc
from the last sales week ago, and are iden-
teal with those Of Saturday, Jan. 81. There
was no outside demand. Liverpool and
London cables quoted those markets weak
and shade lower. Reports of selling orders
from those cities were again renewed, and
although the price named was slightly
above to-dav's figures, the statements were
not calculated to increase the faith of home
buyers for an advance, and the days trans
actions were mainly between the scalpers,
who we're evening up trades. The opening
sales were I014c under Yesterdays closing
figures, at 77&lc, February, 78c March and
S3%Ic May and the moderate selling caused
A FURTHER DECLINE
of &c for May, at which there was a fair de-
mand from the shorts who had small profits
in previous sales and were disposed TO secure
them while in sight. Scalpers took fair
amounts against the puts and being moder-
ate prices receded to the opening figures, but
closed lower at intermediate prices.
Despite the cold weather and
the snow blockade, which restricted
the weeks business by interfering with the
movement Of trains, the arrivals were
larger than for any corresponding week in
five years. Theirs is but one inference from
this fact, that such supplies under adverse
circumstances indicate that good weather
will bring largely increased receipts. The
market was such as is usually expected on
Saturday. There was nothing to sell on,
and but little scalpng. Everybody was
anxious to keep evened up. The pits were
dull and the commission men we're unani-
mously unhappy. The range Of prices was
too narrow to make predictions with any GER
talnty Of there being fulfilled, and operators
we're exceedingly reticent in giving opinions
as to the probable course Of the market. Both
sides are
AWAITING DEVELOPMENTS
before committing themselves heavily. Corn
was about as stagnant as wheat, with a range
of 1uctuation covered by &c The market
was entirely destitute of energy, and offer
ings were exceedingly light, with nothing in
deals Of more than usual interest. The fact
that the weeks receipts were almost entirely
absorbed by shipments is regarded by many
as a favorable sign, but not a sufficiently
potent factor to stimulate trading for any
advance. Indeed, there are many operators
who think prices far too high
at this time, and are confident
of break In prices at no distant
day. May corn was quoted slow aud dull AT
the close at 40}sc seller Oats dragged all
day at almost unchanged prices. ABOUT uomi-
nal. The very moderate speculative trade
was confined TO May, which only Auctuated
IS, closing unchanged at 305<c.
IT WAS Dull SESSION
without any mistake, with as narrow a range
of prices as was ever experienced. May
pork, in which there should be action If iu
anything, opened at Sl3l5, dropped to
Si3. 10 and closed at Sl9. 1908 l7JS. II is
no exaggerston to say that no more than
score of speculative trades were made during
the whole three aud halt hours session.
Transactions were confined 10 scaping
and evening up deals. Lard was neglected
with small sales, ON n basis Of $7.I5(e7. 20.
May closing at s.. 10 bid. Short ribs were less
active and shade lower; opened at $3.50,
sold at 81. III down to So 65, aud closed at
So TTi4@G1o, May. The receipts Of hogs
for the week aggregated 5000 head, and
the packing at Chicago since November l.
aggregates ?, 23S, 600 head, against ,el5, 600
head the same time last year, with an in
crease weight Of Il los per hog.
AT THE STOCK YARDS
business was only moderltively active, aud
receipts OF both cattle and hogs were unex-
pectedly large, especially for SATURDAY..
Fat cattle were quoted l562Oe
lower, making a decline Of 3Od4Oc
since Wednesday, $1,000 to $4,000
cattle are expected for the coming week.
Hogs were a strong l0c easier than Yesterday.
For the next week estimates run from $780,
600 TO 100000. The present condition Of
the business world. arising mainly from the
mt Inn A
OF snow and ice, is somewhat remarkable.
not to say phenomenal Practically during
The past week Of two, commerce has been in
An ICY QUARANTINE.
For the first time in its late history the
business Of Chicago as a grain market has
been as near stand still as il could be snd
exist at all. Irregular and late coming mails.
the non-arrivsl and departure Of trains, the
inability Of people getting about hsvr all
continued to make up set Of circumstances
which las not been duplicated within the
memory Of the oldest inhabltant. The fpll
effects OF consequences OF this severe winter
viii not be seen probSbiy much before spring.
It's effect upon the next crop OF winter wheat
viii not be fully known until the ulant
ensrgvs from its winter imprisou nent But
Il is entirely safe 10 affirm that this extraor-
binary accumulation Of snow and ice upon
il. f,Ir so long period. viii net do il much
good. There is such a thing as
swoibering tue lie O1t Of a plant.
Besides, il this mass Of frozen water goes
OF ot the face Of the earth without iniuring
Il more or less, It viii Be quite unusual aud
outof the commoa with the experience otthe
psst Again, the effect OF this severe winter
uPon I've stock aud all kinds OF game must
also BE- disastrous In passing operations it 7
hiss already lesseaed the eonte1p plated guam