The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-05-21

The close of the week finds the market
on butter in somewhat unsettled con-
dition The make is noticeably heavier
and the demand Is showing no improve
ment. The call is confined strictly to the
amount needed for immediate use, and the
surplus, while it will be heavier from
day to day, has no outlet and will nat
urally act as a drag upon the market and
be the controlling feature of the sttua-
ton. Receipts are now getting close TO
what is called a full-grass basis, but
prices are not attractive to speculative
buyers and will have to sag considerably
before attracting any attention from that
quarter Most of the June goods put
away last year were around Is cents, a
considerably lower figure than rules to-
day, and which brought great financial
loss to those interested AS to whether
general conditions are any more favorable
this year than last to profit to the
buyer remains to be seen.
Up to Thursday, local receivers did not
find stocks of butter accommodating to
any great extent, but receipts later loaded
up the boxes, and many receivers were
looking for an outlet for their goods, and
willing to name a price Of 10 cents on
guaranteed extras on large lots. Even
at this figure the call did not show any
great strength. Diaries also show drag
ging tendencies, but the amount in sight
Is not great, and break, even of serious
proportions, would not made much Of a
loss to the street or shipper. Packing
stock buyers are also paying conservative
prices and are not looking for stock ex-
cept from regular customers, whom they
prefer to protect.
Egg matters have been on a very salts
factory basis up to the closing days Of
the week, but there Is an undercurrent
Of weakness that is likely to develop into
decline shortly. Receipts are heavy,
and the shrinkage in the Gambling room
Is becoming an important item. Average
arrivals are now shrinking dozen or
over to the case. Many of the houses
which have been putting away stock have
about all they wish to carry and are now
sellers instead of buyers. This limiting of
the outlet is one of the weak features.
Straight cars ready for storage can be
bought considerably cheaper than a week
ago. Consumption is falling off some
what, and grocers are buying in a smaller
way than formerly.
The cheese situation Is about the same
except that the range of prices Is even
lower. There is big excess of October
makes and the very finest goods on the
market are selling at s1a cents for fall
makes. New goods are more in favor thar
old at present, and bringing an average
OF cent per pound higher on fancy
There is a scarcity Of No. limberger
but the supply seems ample on all other
makes and grades Of cheese.
Poultry Of all varieties declined during
the week, Receipts are not extremely
heavy, but the call Is limited, and reoeiy.
ers are having some difficulty In moving
stock each day and prevent carrying ove1
with the consequent shrinkage in weights
The call for turkeys and geese Is par
ticularly slow, and the forwarding Of then
to market is iaadvisable, unless absolutel,
necessary.
Dressed meats show more or less fluc
tuation, especially on veal. The weel
opened with the market well cleaned UP
but very heavy arrivals followed and tn
general tone of the street weakened un