St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-02
CROP DAMAGE TALK
Fears Of Injury From the
Cold Wave Resulted
EETTER GRAIN PRICES,
Wheat Leading in the Ad-
vanee--ProvisionS Also
Higher.
GOOD BUYING OF STOCKS,
But With Net Changes for the
Day in Quotations
Slight.
GOOD BUYING OF STOCKS,

CHICAGO, March l. - Better grain
prices abroad and the possibility of
crop damage from the cold wave in this
country resulted in strong wheat mar
ket here today, May closing with &c
gain. The otlTer markets Joined the
procession, May corn closing &c higher,
May oats sc higher and provisions at
advances.
there was a complete change in SEN
timent regarding wheat when trading
commenced. Instead OF pressing sellers
of May At $3.50, as on yesterday after
noon. there were anxious buyers at
from $3.50 10 544c. Inside Of the first
hour May wheat had sold at 545Sc. The
predicted cold weather following the
disappearance of the snow from the
wheat fields was rather more in evil
dence this morning. The chief factor
in producing the strength was de-
crease in the stocks of flour and
wheat at Liverpool, when much ex-
ceeded what the trade of that city had
expected and which had caused all adj
vance there of IA per GENITAL in the face
of yesterdays decline here. Another
important foreign item which narrowed
UP the feelings of the shorts here until
1t was contradicted later was an advance
of 9 francs - centimeS in the price OF
March flour at Paris, following upon the
advance of 3 francs yesterday. The
correction of the reported advance of Z
francs did not have much effect in al
laying the bulliSh sentiment. The total
Of the primary market receipts was
22l,C00 bu. The Atlantic port clear.
ances were heavy, amounting in wheat
and flour to over $50, 900 bu. The for
eign demand for flour is we'll spoken of
by millerS. There were frequent nerv-
GUS changes In the price. 1t reacted to
54c more than once, but was easily
hoISted again. 1t touched 54A @5456c
and closed al 545Sc. Corn was in better
demand both for shipment and OH specs
ulatiVe account. the latter taking in a
great measure its cue from wheat. The
business was only moderate in amount.
The opening of May was at an advance
of sc at 45c. 1t advanced and declined
several times between 45c bid and
4514c, selling at the close at 454c. To-
days primary Western market receipts
were 10000 bu, compared with go, 000
bu year ago. Atlantic shipments
were $4,000 bu, and 10000 bu besides
were exported from New Orleans.
A dull session was passed in oats.
The market was shade frmer at the
end, caused by similar situation in
corn. Only very few sales were eff
fected, and these were small and scat
tered. May started at 295s 0l29l5c, sold
at 29@c, down to 294@29s6c, up again
To- 2919c, and closed with sellers al
203sc.
Ihe provision trade was fairly good
and at a good advance in prices. The
opening trades were at re improve
ment in pork and 215c in lard and ribs,
and the net gain at the close had in
creased to 1219c in pork. sc in lard AMI
TIC in ribs-the closing prices being
the highest for the day. Hog receipts
were $1,000, and the light receipts with
The strength in grain, caused the ad.
vance.
Estimated receipts for tomorrow
Wheat, IA cars; corn, $50 cars; oats, 14C
cars; hogs, 1900 head.
The leading futures ranged as follows: