St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-14
Wheat Failed to Score q Con-
tinuance OF the Rise
Of Tuesday.
SHORTS HAD A SUFFICENCY.
AS a Result a Slight Decline
NEUTRALITY-SUSPICIOUS.
Firmer.
FIRM FEELING IN FINANCE.
Slight Change in Stock Quo
tationS - Bonds Show
Greater Activity.

CHICAGO, March 13.-Wheat did its
best TO score another advance today,
but loaded down by the heavy sales of
the takers OF profits on yesterdays bulge
it finished weak, with May &c lower.
Corn and oats tagged after wheat, May
corn closing &c and May oats &c lower
Provisions went the other way, winding
up higher all around.
Wheat started at shade advance
upon the price it closed at yesterday.
The governments figures on the amount
of wheat in farmers hands had not yet
lost its effect upon tine crowd, although
very few took the Washington estimate
seriously.
The Liverpool market gave an init
nation of how the United States agri-
cultural department was regarded there
by quoting a decline Of 10 in the price
of futures. That was dIScOuraging to
the buyers. but Paris cables quoted the
weather cold and the market firm and
higher. London quoted everything
strong. Minneapolis and Duluth re-
ceived 22S cars today, compared with 277
week ago and 335 Two weeks ago.
Primary markets received a total of
249, 900 bu. against $4,000 bu on Wednes-
day of last week. The most anxious of
the shorts appeared, however, to have
covered, and the general tendency of
prices was downward during the fore-
neon. At 11:45 o'clock May was selling
at 56%c. 1t had opened at from SIC 10
$500 and declined to $500 and recov-
cred again TO 51c previous to the 5615c
quotation al the time named.
The closing cables were q little
mixed; Berlin and Antwerp were each
fraction lower, with Paris up the
equivalent of 13Sc per bu for March and
1c per bu for the May~August term.
Liverpool recovered from its opening
weakness, and quoted slight advance
over yesterdays closing rates for flu
lures. The market, however. was load
ed down with long wheat seeking reali-
cation Of the profit there was in it, and
there was not sufficient demand from
shorts to take it all without depressing
the price. Half All hour from the close
May had declined to 5614c sellers, and
finished at 5615c.
Corn was steady for a minute or so at
the opening, but soon weakened and
declined. Opening prices for May were
at from 4634c to 452sc, and those were
the best prices realized today About
half an hour from the end of the ses-
sion the price was down to ace, and in
the next fifteen minutes another &c
was Knocked off its value, leaving it al
455lc about 10 O'Clock The shorts were
wanting OH the buying side; they even
had some Of the corn they covered yes
terday for sale again. The Liverpool
market was quoted firm, but there was
an absence of all excitement here, and
dullneSS was the general characterised
OF the trade. May closed at 45Mc.
Oats were fairly active. and. through
sympathy with wheat and corn. suffered
a reduction in values. Bartlett Frazier
sold freely, and were credited with hav-
ing weakened the market to some eX-
tent. May started at 5G34c, sold down
TO size and closed at 294c.
The provision market was weak at
the opening and strong at the close. 1t
was weak on the receipt of 42,C00 hogs
at the yards, and strong when the pack
erS began 10 take all the offerings.
Armour & Co, who were reported to
have been sellers Yesterday, were cred-
tied with largely contributing by their
buying today TO the rise which took
place. The opening price of May pork
was SLID, and Sll.T212 was The closing
rate. gain of 2213c since last night.
May lard closed re higher, and May
ribs re higher. Estimated receipts
for Thursday: Wheat. 25 cars; corn.
$50; oats, $40; hogs, $4,000.
The leading futures ranged as follows: