The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-10-03


cline unless such decline begins on a higher
BASIS OF prices. than the present
me minneapolis Market Record of Sept %
has this to say in regard to existing condi-
tions:
That the American spring wheat crop is
unusually large one is not disputed. A ques-
tlon arises as to whether 1t is the largest
with the common answer that il is the largest
tnat TINS country has yet produced. In 1891
greater than in 1893, but the acreage this year
Is unquestionaby larger than ever before and
u is TO this cause that may be attributed the
take 75,O00,G0O blu Of ii to be used in recon
structng the ord nary reserves to be carried
from year TO year, After allowing for that
the total will be but very little greater
than year ago, and smaller than for several
preceding years, 80 that there will be a
smaller amount to be disposed of for export
With the increase In population and the in
creased quantity that will be required for ed
tt is evident that the surplus at the end of the
year, after hlling all demands, will necsssar-
lily be quite light and still higher prices are
reasonable to expect as a natural conclusion.
Commenting on the above the Cincinnati
Price Current says:
These observations relate to the spring
wheat crop only-and 1t seems extravaganza
to assume that the situation calls fer as
much as 15,cO0,OO0 bu of the crop to restore
reserves to an ordinary position for that por-
uon OF tne crop at the close OF the crop year.
indeed this appears TO be large allowance
TO apply to the entire crop-really excessive.
II the total wheat crop this year in this
oillties or the year admit OF larger quantity
for expectation during the year than has ever
Deem exported within twelve months.
1t may be properly said in passing that
some OF the most astute wheat dealers of the
Northwest have during the past week ex-
pressed the opinion that the figures of the
worlds supply hitherto furnished exaggerate
the amount OF surplus likely to become avail
able for export, and that the United States
will be the source whence contributions shall
be drawn.
THE LIVE STOCK MARKET.
The receipts at the Union Stock yards, South
St Paul. for the week ending Oct. l. were:
Cattle, 6,210; calves, 1479; hogs 6,7OS; sheep,
$3.50. The numbers received the week pre-
vious were: Cattle, 1882; calves, 1,29S hogs,
5,576; sheep, 1883. These figures show a
decrease In cattle of 1872; an increase of
calves of 17S; Of hogs, 1882, and of sheep, "a
49, This Is the period when sheep are be-
Ing sent forward for feeding at this point,
preparatory to shipment to the Chicago mar
ket.
During the month of September there were
received at the Union Stock yards 81 1872 Gait e,
4,759 calves, 20, 408 hogs, So, 1888 sheep and pa
horses.
The killings by Swift & Co., for the week
ending Oct. Cattle, 1874; calves Is;
sheep, 752; hogs, 5,9iS. Those of the week
previous were: Cattle 646; calves, Sc; sheep,
1928; hogs, 4,277 These figures show a falling
off in the number Of cattle killed of 1922 OF
calves, 9; sheep, 76 and an increase in the
number Of hogs killed of 1855
The quality of stock which hac shoun IN
at South st. Paul during the past week has
not been high. If shippers want top prices
they must send stock that will achieve that
result But they do not do it, The Chicago
market is a sort of a magnet to which they
are attracted. The result is hux there and
a making by telegraph Of prices here.
1t is not to be supposed that South ST. Paul
or any kindred stock yards company in this
locality control prices as against Chi
cago. The latter city is the Mecca of all
shippers. But supplying 1t is a foolish di-
version for Minnesota and North and South
Dakota and Montana shippers to indulge in.
The flooding of the, Chicago market means
lower prices constantly. Why do not the
Northwestern shippers build up a market OF
their own in the locality of the Twin Cities,
whether 1t be at South St. Paul or New
Brighton, that shall command the respect of
traders just Kansas City has done in the
Southwest? After all a great deal depends
upon the quality Of the men who have control
OF things OF this sort. If they are babies they
will receive baby goods all the time, but If
they are robust men, operating in. the con-
seriousness Of their own forcefulness; they
will gather to themselves much that is valua-
BILE. The commission men at South St. Paul
who whimper and complain of their market
and do nothing; else which Is possessed of vital
Importance cannot expect to get the best stock
offering. Swift & Co. complain that they do
not get enough stock, and that the quality
that is offered Is not up to their standard
1t is just and proper complaint. If little
more OF the spirit of enterprise could be made
to enter the commission men themselves bet
ter results might follow. There is room at
South st. Paul for men with big ideas in re-
gard to the development of the live stock in
dustry in this constituency, and by this we
mean men who have sufficient intelligence 10
enable them to look over the tops of the buying
and selling pens into a horizon on the edge OF
which appears the dawn of greater future for
this locality in Its connection with the live
stock market. The people of the Northwest
are left entirely to the free will offerings
of the daily newspapers for their appreciation
Of the markets that are here offered for live
stock.
The following are some of the quotations for
live stock offered during the last week:
Cattle-Good dry-fed steers, M7505: me-
dunn, S4.40@4.60; dry-fed cows and heifers.
SO. 75Q45O; good grass heifers, $3.4O@375;
good grass cows, $S25@3.60; common to fair,
s2.5O@3;; Gamers $1,000. 20; fat bulls, 81 SIS o
3; good feeders, $780, 600 to 500 lbs; steers,
good quality, $3509S.s0; common, $3Q325;
steer calves, $466Q5; stock heifers $3@35O;
mixers and springers of good quality $3.50
45; common 5000, and slow sale
Westerns-There was ia light run with
consequent advance Of Zoe to 15c. Good beet
steers, s42514.40 fair to good, $4Q4.15; me-
dunn, $4,000; good beef cows and heifers,
So. 1904. %; medium. $3.25@350. Good Western
feeders brought from 81 to s4.25.
Hogs-The receipts have been the largest
for the past six months. The market opened
strong, but broke Wednesday, and has de-
clined 15c since. Saturday opened steady with
top on carload lots, $3.76: bulk, $3.65@370;
rough, $3.4G@350; pigs, 2@3c. Pigs showing
cholera and sows~ with milky bags ad-
vanced pregnancy are tagged by the govern
ment inspectors. a'
Sheep and Lambs-Market about steady
with last week. We quote: Prime sheep,
$S.S564; common, $3.4003.80; stock ewes SO
@350; good fat lambs $4.7506; stock lambs,
$3.75Q415.
SOUTH ST. PAUL HORSE MARKET.
George W. Wentworth & Co., of the South
st. Paul Horse Exchange, report a fairly
coed market for the past week. There has
been a good demand for horses for logging
camps. The call for Western horses has also
been considerable with several buyers in
specting stock and some making purchases.
The following are the representative Sa'eS re-