St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-04-06
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 II
Northwestern-GouldB Buying Lake
Shore.
Chicago.
Special to the Globe.

Special to the Globe.
CHICAGO, April 1.-The markets to-day
showed slight advance. The unexpected
and at first unexplainable decline OF SIG In
consols quickly impaired strength TO wheat,
otherwise it would have been weak market.
The close sympathy between foreign quota
tions 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 ostensi-
BILE cause of the break. The air about the
pits assumed the gun-foundry odor OF te n
DAYS ago, and not less than 500 able-bodied
bulls were eager and ready to declare war
forthwith. May wheat was hoisted re, but
in the absence of an actual declaration OF
hostilities it remained at S17s@S15sc, 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 S23sc
and july at 84Zc. 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 Sat
uIday.
THE CORN MARKET
was dull and featuI eless, the whole range for
the day being only &c per bushel, May open
ing at Aye, advancing to '42c, declined
again to 417sc and closed at that, being just
the same price as yesterday. Late adVlces
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 373lc
for April, 412sc for May, 42Ac 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 2S5sc for April,
31Xc for May, 32115c for June and 324c for
July.
THE PROVISION MARKET
displayed but little activity, and prices were
about the same as yesterday, although shorts
manifested some disposition to cover. May
pork opened at $11.72%, advanced to S11.SO,
declined to S11.70, and closed at the open
ing price, slightly higher than yesterday.
Seller April closed at s11 go, June at
S11.S215, July at s11.95. Lard was quiet,
closing about as yesterday, at So so for April,
$3.50 for May, and $500 for June. Short
ribs were in light request, closing at So. 80
for May, $5.971z for June and s6.021s 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 25 cents per 100 on cat
tie, hogs and sheep. Receipts of stock for
the week are about 10000 cattle, $1,000
hogs and $4,000 sheep, and about an equal
number of each is looked for next week.