St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-03-26
DULL Day ON 'CRAHGE.
CHICAGO SPECTATORS TAKE A oar
OFF.
MARKETS WEAK THROUGHOUT
absence of Foreign News and a
Short Session Between Two
Holidays Make Business Dull
Reported Cold Wave Sends
Chill Over the Specu.
lators,

CHICAGO. March "a The absence of
foreign news and the fact OF today's
short session being weceed in between
two holidays made business on Change
dull Wheat opened easy aud rather
weak, and closed UP steady, with
scarcely any change from Thursday
afternoons quotations. Corn averaged
weak, and left OFF with loss OF &c
Provisions were weak. dull. and closed
l0c lower for pork, unchanged for lard
and re lower for ribs.
Wheat started easy and dull. The
weather was cold and raw in this vicin-
ity, and the temperature in the far
Northwest of the British provinces was
down TO II below zero. There was
dissemination 10 believe that the cold
had damaged wheat so far. although
III Nebraska twenty-four degrees Of
frost was registered in the north
ern part of the state this morn
ing. The Milwaukee signal service
officer said: Severe cold wave tonight
and Sunday. Temperature will fall to
zero III northwestern part of Wisconsin.
and TO ~ above liz the southwestern
part. Low temperature probable for
several days" Ali that did not ap.
preciably affect traders, who were much
more Impressed with very favorable
crop prospects indicated by the Illinois
state report. There were no market
cablegrams. foreign markets being ali
closed. May wheat opened at size, as
compared with 57al@57X at the close
Thursday. IN the course OF the next
twenty minutes 1t sold OF to 5715c,
which was return 10 the lowest pre-
vIOus price of the season, it having
touched that point on Feb. 16 last. 1t
became firmel after that, selling up to
SIC later in the session. At
tile latter point Pool Sherman sold
about 100000 bushels supposed
TO be the long wheat of some customer,
and that caused a reaction TO 5154(Q
57Ac. but the possibility of damaging
fTOSts before Monday morning exercised
a slightly restraining influence upon
sellers, ano it became slightly firmer
again before the close. Tie estimates
on the visible supply varied from 1.12O.-
600 to 10000 bushels increase. The
market closed up firm at 51S4 (Qj7Ic for
Aat, anu JJIsC iOI July.
Corn was weak with no buyers except
those who had previously sold short.
The receipts were 347 cars for three
days. and the local crowd was inclipad
to sell. Bartlett Frazier were buyers
in conservative way. MAY opened at
from 37sc to Sic. and for long
time held between SIC and 376c,
but toward the close it dropped to 3GXc.
In the last few minutes the closing
frmness of wheat caused some more
covering of shorts. and the price re-
covered to and closed at 3759c.
HE oats market was equally as dull,
If not more so, than corn and wheat.
The cash market was also dull and
somewhat lower. due principally to the
receipts two days brought in on the
market and with the usual Saturdays
limited demand. At the opening MAY
sold at 30%c. 1t then sold at 304c. At
the Close 3Us4c was bid.
Provisions were rather weak, but the
change III prices at the close did not
vary very radically from Thursdays
resting prices. Pork is 10c lower; lard
unchanged and rios TIC off. Receipts
OF hogs for the day amounted to 10000
head. and yesterdays receipts were
2l.5l2. Baldwin was seller of ribs for
May at tie opening. and the Anglo
American Packing company sold pork
Estimated receipts for Monday: Wheat,
81 cars: corn, 1S5 cars; oats, 300 cars;
hogs, %. COO.
The leading futures ranged as follows: