St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-26
WHEAT GOING UP.
Talk Of Crop Damage Caused
Firmness in the
Cereal.
THE GAIN WAS FRACTIONAL.
Corn and Oats Followed the
NEUTRALITY-SUSPICIOUS. Also
Strong.
BUSINESS is WAKING UP.
Volume Of Trade in Wall
Street Largest for Many
Weeks.
BUSINESS IS WAKING UP.

CHICAGO, March %. = Wheat was
firm early and strong toward tue close.
IL left off with a gain of ID per blu. 1t
was entirely weather market, reports
of probable damage being numerous.
Corn was firm in sympathy with wheat
and also gained &c. Provisions were
strong, closing at marked advances.
Oats gained &c.
Wheat was still under the thrall of
the dry weather at the opening and
continued TO be dominated by that
throughout the entire session. The
Liverpool market was reported I'D
higher at the opening, but that was
taken to represent the influence there
of per cent per bu advance here OH
Saturday. The closing cables became
firm for the most part, with Berlin
strong and from l d marks to IL marks
higher.
May opened at from $50 to 555sc. as
against 5514c at the close of the market
oil Saturday, 1t gradually worked off
to 554c, but rose again before the
visible supply statement was finished,
touching 55al@QSc at one time. The
tendency for an hour after that was
toward a somewhat lower range. Mill
neapolis and Duluth reported receipts
of 456 car loads, against 2S0 on the cor
responding day of the year before.
Primary market receipts amounted 10
434, 900 bu, against $4,000 year ago.
The export clearanceS from the Atlantic
ports amounted 10 100000 bu. The Wis
ible supply decreased 100000 bu;
year ago the decrease was Loss, 900 blu.
The dry weather Spector would not
down. The weather bureau reported
clOudleSs skies from the Mississippi
valley to the Rocky mountains. and in
the last hour of the session the price
rose from around 5555c 10 5615c. and at
the close it was still bringing 56c
The corn market advanced apparent
ly under protest, and due to the
strength in wheat. The receipts were
800 car loads, Of which 33 were of the
contract grades. May opened at from
468c 10 1890, sold at 1870, from that
off 10 1875, then up 10 41c, with 46Tc the
price at the close.
A decrease in the Visible supply for
the week of only IL, 600 blu, as compared
with decrease oil 5000 Du year ago,
was one of The influences which tended
10 discourage | o!derS, but failed 10 pre-
NeIl the SuOI 10 lIuiIl lCtllUG llllIu, anu
the latter class OF buying put the price
up.
Oats were quite active and consider
ably frmer. Reports of dry weather
caused free buying among shorts,
he AIDED by Bartlett Frazier, and the
difference between the May and July
price was narrowed from II c on Satur-
day to &c at the finish today. This
proved to be the principal feature Of
the market. May started at 299sc. sold
up to 29$lc, and closed at 299a@2954c.
July ranged from 29asc to ISIS. and
rested at an advance of Is@1c. at 300
2914c. The visible supply showed an
Increase of 1000 bu in oats, but had no
effect whatever.
The provision market was again nerv-
Ousfy active and strong. Tie hog re-
ceiptS were $1,000. but only $1,000 are
expected tomorrow, and the prlca paid
for today's run was at 10c advance over
Saturdays value. There was all imme-
diate advance at the opening Of 15c in
polk, re in lard ond &c in ribs, and at
the close the gains were Increased to
421ac in pork, 2719c i'll lard and zoe in
ribs.
There was liberal general buying and
free covering by shorts.
Estimates for Tuesday Wheat, 20;
corn. 22O; oats, 200; hogs. 21,000.
The adingle futures ranged as follows: