The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-14
SPECULATIVE GOSSIP

Chicago to A. J. Cummings: Lard is
headed toward higher prices. Nine cents
is even mentioned as not being too high
a figure by September The situation in
usually strong one. The great drought
prevailing in Europe last year and the
high prices of fodder has forced the farm
ers to sacrifice their live stock. the re-
suit being that the hog belt of the United
States holds the key to the situation for
the next year. 1t is a coincidence that
even Canada is suffering from pig short
age, as well as the eastern and middle
states of the United States
Edwards Wood Co.: All things consid-
cred, the market acts decidedly favorable
without new arguments. are less conf
dent and have considerable loss in wheat
already sold. The market promises to be
changes, and as all natural conditions are
In sympathy with rising market, we
would follow that SIDE from this on. MAX
ing for a substantial increase in prices.
An Iowa letter says: Please note big
decrease in oats up our way in the coun-
try holdings. There is no denying the
fact that Iowa and Nebraska have been
pretty We'll cleaned up on low freight
rates. We are going to have some SEN
sationally small receipts from this sec
ton for a time. The run of corn after
seeding will be much lighter than ex-
pected, the high price of cattle and hogs
is going TO greatly increase summer feed
ing: as very satisfactory profit from
feeding operations is in sight, based on
present price Of corn. 1t looks TO me as
If corn and oats both were a purchanse.
Chicago-Duluth is shipping wheat free
ly TO Minneapolis, which upsets primary
receipts for comparison. Todays pri-
year 242.0 900 blu.
Chicago-A little commission house SELL
ing of May corn at 49c is holding the
market there. Think very little good
buying would put the market through 49c
and carry it higher
David City. Neb.-The weather Is get
ting very dry in most all this state.
Wheat Is beginning to look thin or rather
not stooling. For the time it has been
Should 1t stay dry two or three weeks
longer the crop would not be heavy one.
No corn moving at all. nor VIII there be-
III 1t gets or more cents higher or un-
dry appearance and IL the fly is in the
wheat 1t will soon show up.
Chicago-The oats market opened
steady with limited trade and continues
so. Market a local affair. So far the
only feature was buying OF May by
Friedman, who sold yesterday. The SELL
ing has been scattered by commission
houses.
Mynard. Neb.. writes: Weather is
getting very dry here; have had but very
little rain since February. Corn mostly
we raise another crop here. Seeding
mostly done. Oats mostly shipped out
Wheat all shipped out.
Chicago-We have the following mes
sage from Sunderland and Updike of
Omaha: Secretary of the Nebraska
Millers' association says not more than
80 per cent of Nebraska corn left in
farmers hands Elevator and cash grain
men here all agree on this amount. and
some even place their figures much lower.
quite lot of surprise is expressed over
the state association report. which shows
a great deal less corn in farmers hands
than at the same time last year.
Chicago-Trade In oats almost entirely
changing. Kneeland is buying July and
September and selling May. Pringle early
sold September and later bought them
Friedman has been the best buyer of
May. covering shorts through brokers.
Mr.. Petri of st. Louis wires: T. B.
Morton g. Co. have a letter from Ed
mond. Okla. saying: Am satisfied our
township won't raise one third of a crop
OF wehat, due mainly to insufficient
Chicago-The provisions are getting
pretty strong and still believe the whole
produce list is going TO work higher.
each other for the next sixty days.
The following is from Wichita. Kan:
Dry and cold; wheat turning yellow
Farmers blowing IL up everywhere
Chicago-Lamson and T. E Wells have
peen good buyers of May oats. The SELL
ing ing Is mostly by Kneeland against pur-
buying July. Think July and September
would bull very easily
Chicago-Looks like southwest buyjng
wheat an morning; must be some change
in condition or they would not be buying-
St Louis wires: Some bad reports on
wheat from Indiana, Michigan, Illinois.
Missouri, Kansas. Texas.
Kansas City-There was $4,000 bu No 2
Kansas City wheat worked to go to Min
neapolis today. Bad crop reports con-
tinue TO come in here to cash houses.
New York-There has been some buy
ing of copper today in small way by
people who should know what is to be
done with the stock. We look for this
stock to go above par with few ma
terial Setbacks