St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-04-25

week, aggregate 1000, 900 bushels in round
numbers, but what last percentage of this
wheat was included in the weeks
decrease of the visible, there is at
this writing no means of determining.
One commercial authority states that. of
the wheat cleared from the lake ports thus
far, 700, 600 bushels will not appear i'm the
visible supply estimates. This estimate
comes under the head of guessing" An
other bit of gossip was floating about, that
was construed as a bull or a bear argument.
to suit the taste of those who heard it. 1t
was that Fraley and Ewald had bought
300, 900 bushels of wheat in Toledo for ship
ment to st. Louis, and that 200 cars are al
ready loaded and ready to move. FraIey
and Ewald are short in that market. which
is strongly held for May by Maj. Francis,
and they propose to
BREAK THE PRICE FIT
can be done. The stocks of speculative
grades in ST. Louis are less than /, 900. 600
bushels. June wheat opened here &c
higher than it closed Thursday. and the
opening proved to be the top. The decline
OF 3s@$4c was gradual, and when bottom
was struck the market rested. fluctuations
being scarcely perceptible. Last trades
were on basis of 792c for May, and SI8Lc
for June. Changing over into later months
was the only feature in corn. Cudahy and
Baker bought considerable May property.
and sold June and July. May declined
sc and June &c as compared with Thurs
day. Oats are practically unchanged in
q speculative way. Rather more activity
in cash oats is reported. Receipts of hogs
have been interferred with by the labor
troubles, hence are smaller than expected.
Provisions have ruled dull. True. there
lans hlnf n fos
speculation has dragged heavily. Prices on
the leading descriptions have averaged
easier, and in ire case of pork decline of
15020 per barrel has been submitted simplv
because there was more offered than was
wanted. Indeed, the very large stock of
pork promises to be a milestone on the
trade Tor some months, simply be-
cause 1t is nothing but a
speculative article. Lard and meats
close about the same as a week ago. but are
very liable to be effected by the heayiness
in pork. The Howe pork deal, which has
been the subject of very much conjecture. is
about all closed up, or in process of closing.
and it is generally supposed the syndicate
are out about S150,000. The packing of
the West for the summer season so far is
about 60, 0O0 i'll excess of the corresponding
period last year, and we look for a gain
IighI dlonS. vi COURSE, IL is possible thar the
labor troubles may prove much more serious
and lasting than is now reported. If they
do, receipts and shipments of everything
will naturally be retarded. But there is no
question about the hog supply, and the out
look promises fair demand for hog
product at about present prices. In the
present unsettled condition of affairs. the
country over, it is idle to attempt to pre-
judge the future, SO we refrain from com
ment.
CHANGE CHATTER.
puts" on June wheat SIG, 'calls," s2sSc.
The curb market is rather firm
w. b. Andrews-What do / think? Why. 7
think there are too many bulls for the wheat
that is going out. don't believe the situa-
ton strong enough yet to justify everybody
turning bulls.
1t is one of the stories on the street that
Ream on Thursday ordered Lester g. Co. To
report wheat which that house had recently
been purchasing for him to Orr. Crittenden &
Comes. H. H. Orr g. Co., and Hamlin & Coug-
oon, houses through which he had been an
the while selling.
"In pork that short interest has all been set
tied up said Robert Robson, land the
market looks very weak. ] think that wheat
will drag along next week with very little
action, and probably with tendency down
ward"