St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-03-23
SELLERS MORE PLENTY.
WHEAT WENT BEGGING nv THE CHI
Geo MARKET
CLOSING WEAK AND LOWER.

Anticipation of a Cold Wave and
the Holiday Today Made Buy
ers Hold on to Their Cash-Pro-
visions Were Strong Corn
LifeIess and Oats About Steady
at Closing Prices.
CHICAGO. March 22.-In anticipation
of tomorrow's holiday and the uncer-
talntY regarding the effect of the APP
preaching cold wave there were more
sellers than buyers of wheat, and the
price. compared with Yesterdays clos
ing quotation, is &c lower. Corn is sc
lower. and oats unchanged. Provisions
were strong, closing prices showing a
gain of 10c in pork, 71ac in lard, and sc
in ribs.
The opening In wheat was quiet with
out change in prices since the previous
afternoon. The cold wave was moving
slowly over the winter wheat and had
already spread over Nebraska, Kansas
and down into Texas. Its course was
still eastward, but the degree of cold
was only sufficient to raise doubt and
make it debatable whether actual dam
age to the wheat plant would result
from it. The early cables were color
less and noted no change in the foreign
situation. The receipts at Chicago were
light. Minneapolis reported 203 cars.
and Duluth 81, or 240 in all, compared
with $40 at the same two places last
year. New York reported 20 boat loads
iii all taken by exporters there yester
day, besides $4,000 bushels taken
by local millers. Baltimore reported
70 inquiry from exporters there. Bust
ness was more than usually dull, and
fluctuations for two hours were confined
between 57.SG05S11s @5S14c during the
entire forenoon. The clearances from
the Atlantic seaboard were fairly lib
eral. The receipts at the primary
Western markets, exclusive of Kansas
City, were PSI $3.50 bu, against 404, 133 bu
a year ago. Closing cables reported
rather easierEcontincntal markets. Ant
werp was quoted 121a confines lower:
Paris from unchanged to sc lower for
wheat, and unchanged to zoe lower
for -four. There was an increase of
activity, with prices on slightly lower
plane near The end. May sold at 572lc
and closed at 7M@571sc.
There was very little life in the corn
market, and not enough doing to lift OF
drpreSS values to a greater extent than
&c or SO. Export clearances were very
small. but there was a good demand for
the offerings here in sample market at
about 4 over yesterdays prices. May
started at 1890, declined to Size. rose
from that to 3,1a(9373sc. but under the
influence Of the easy feeling in wheat
toward the close the market weakened
and LETT off with sellers of May at 3715c.
While the slight firmneSS in corn III
flueEced a similar feeling in oats, bust
ness in the latter was far more active.
There were liberal offerings and a good
demand from shorts. The cash market
for oats was very active and firmer.
May opened slightly under yesterdays
closing price at 3U$4@30Ic, and sold up
to size. Toward Tie close the market
declined a shade with wheat and corn
May closed with sellers az 3034 @30 &c
and So54c bid.
The provision market again developed
considerable strength. The extra firm
ness was at first the result of the light
run Of hogs, but was added to later by
the reported good volume of the cash
trade. Closing prices were near the top
figures of the day. Compared with last
night, May pork is l0c higher, May lard
1870 higher and May ribs Sc higher.
Estimated receipts for tomorrow:
Wheat, 2S cars; corn, 165 cars; oats, Us
cars: hogs, 10000.
No board of trade markets tomorrow,
Good Friday.
The leading futures ranged as follows: