St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-16
DAY OF DljLLNESS,
Grain Market Showed No
Feature Of Speculative
Interest.
DECLINES AT THE CLOSE,
After a Comparatively Firm
Day in Trade--Provis-
ions Strong.
UNSETTLED IN STOCKS.
Tendency in the Main Being
Toward a Decline in
Prices.

CHICAGO, Feb. 15.-DullneSS was the
most prominent feature of the trade III
ali the speculative markets today. In
grain ffmneSS was the rule during the
forenoon in spite of the dizziness. but in
the afternoon wheat. corn and oats were
all rather weak, and closed at declines
of nc per bu each i'll wheat and oats
md &c in corn. Provisions reversed
the order which obtained in grain by
opening weak and closing firm at a
slight Improvement.
Wheat at the opening was confronted
by two items Of opposing tendencies
the heavy Northwestern receipts on
hand and the passage Of a resolution by
the Portuguese government easing the
importation of 100000 bu of wheat be-
tween now and Aug. l. Minneapolis
received 2G4 cars and Duluth 113, Or 81
together, against 1S9 cars Oh the pre-
vious Friday and 2lS year ago.
Although those receipts were diSap-
pointngly heavy, disappointingiy so
because the recent small arrivals had
led to an expectation Of continued
light movement. the Portuguese matter
was more influential. May, which
closed yesterday at $500, opened this
morning at from $3.50 to 5319c, but
hardened when trading got fairly under
way, and had generally advancing
tendency during the forenoon.
Receipts at Chicago were 81 cars.
Primary Western market receipts all
told amounted to 2S4, G54 bu, compared
with l40,Q 600 bu week ago and 244.000
bu last year. The eXnort .clearances
from the principal Atlantic ports. in
Guiding both wheat and -four, were
157, 900 Du, of which only $4,000 bu was
of wheat. The market showed sur
prSing tirmnesS in view Of the generally
dscouraging character Of the days adj
vices. Foreign markets were as near
unchanged as they ever collectively get.
The price, alter gradually stitfening up
to 533E(053$lc, dropped back again to
$3.50, and appeared to be wanted in
greater quantities than tor sale al less
than 5315c, bat near the end OF the SEES
sion the offerings became more liberal,
and May closed at $3.50.
The corn market was comparatively
quiet but rather weak, and closed at the
bottom of the days range and 55c bee
low the price 1t stopped at on the pre-
ceding afternoon. Ii was thought that
Partridge, who was down to be long.
was dsposing Of his corn through brok-
ers, CT if not Partridge then some
other holder or holders of a consider
able quantity. 1t was not thought to be
selling for short account that caused
the weakness. The days. receipts were
1876 cars, whereas 2l0 had been estmat-
ed. The market got its principal de
cline after the estimated receipts for
tomorrow were known to be 2:35 cars.
May opened at from AS sc to 4514c, and
did not sell above the higher OF those
quotations.
Oats trading was in small lots and
scattered. At the opening values we're
a shade lirmer. May started at 2918c
and sold at 29B@294c. a decline tol-
lowed, the market resting at zoe bid.
The provision market opened weak
and closed firm at some advance Oh
buying by packers. The receipts of
$4,000 hogs in place of 34,0c0, as esti-
mated, caused the market to open weak
at 10c decline in pork and sc each in
lard and ribs at the close; the price of
pork was TIC higher, with lard and ribs
virtually unchanged. Business was
dull. Estimated for today: Wheat, 20
cars; corn, 225; cats, 10; hogs, q, O00
The leading futures ranged as follows: