St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-03-15
TIRED FEELING IN WHEAT.
TIE CEREAL MOVES VERY LITTLE
DURING A DULL SEASON.
NORTHWEST MARKETS FIRM.

Fairly Active Market in Stocks
With but a Few Exceptions
There Was a Decline in the
Entire List-Gold Shipments
to Re Made Saturday-We est
ern Union Was Sold Down.
CHICAGO, March 14.-Wheat had that
tired feeling today, and closed &c lower
than yesterday. after range of but sc.
Cables were discOuraging, the weather
fine and demand light, while firmer
Northwestern markets prevailed. The
session was featureless, and May closed
at the bottom. May corn and oats are
each &c lower. Provisions were fairly
active, and were alternately weak and
firm several times, ending with slight
gain in prices.
Wheat opened dull. with very little
disposition OH the part of local specu-
lators 10 enter into fresh transactions,
a feeling which. in the absence of news.
continued throughout the day. Orders
from outside were few and far between,
and such as were received were for
such small amounts generally as to
have little effect upon prices. For two
hours the fluctuations in May wheat
were between the range of 5S5S C and
5S55c, with the bulk of the limited trade
midway between those slightly divided
extremes. Liverpool early cablegrams
reported that market quiet at former
prices. The Northwestern markets
were again frmer than those elsewhere.
The price sank in the latter half of the
session to 5S16c, and could not be lifted
again for more than few minutes at
time. The fine weather continued to be
bear factor. and, after !azily advanc-
ing several times fraction from the
bottom. May closed YEARLY at 5S15c.
Corn was extremely dull and rather
weak. The feature of the days bust
ness apart from the small amount of
trading was The selling by receiving
houses against purchases In the cOun-
try. The moderate receipts today, and
still smaller arrivals expected tomor-
row, were presumably the cause of the
buying. and freer receipts at country
points, with absence Of demahd from
the Seahoard or other Eastern points.
undoubtedly influenced the selling.
There was good trade around the open
ing, and for about fifteen minutes there
alter at from 3S1S to 3S14c. After that
the trading almost ceased until within
few minutes of the close with down
ward tendency TO prices, and no apDar-
ent rallyIng power TO any extent. The
market rallied a little in the last fifteen
minutes of the session and stopped with
May but sc from the bottom.
Oats participated i'm the general dull.
ness. and followed corn in its fluctua-
tons. Buyers were few aud sellers
about equally scarce.
Provisions were irregular. but in the
main.Wpak. The receipts of hogs num-
berlng $4,000 head. instead of $4,000, as
had been estimated, with 10000 looked
for tomorrow, was the chief source of
tile generally weaker feeling. There
was lively rally after an early break.
but us 1t was entirel y due to the cover
ing OF considerable line of short pork
10y Steeyer, supposed TO be for the ac-
count of the Cudahy Packing company.
and of ribs, about 100000 pounds, by
the Chicago Packing company. when
those parties Withdrew, the market re-
newed its early weakness. Fair de-
mand developed at the decline, and the
close was firm. Compared with last
night, May pork is sc higher, May lard
sc higher and May ribs unchanged.
Estimated receipts for tomorrow:
Wheat, 40 cars; corn, 100 cars; oats. 127
cars; hogs, 10000.
The leading futures ranged as follows: