The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-03-20

NAS HSAIL4 a
not much added to, but when the figures
were all in and the amount of the decrease
was found to be only $4,000 bu, compared
with a decrease of 1,428,0OO hu last year on
the corresponding week, bearish sentiment
became pronounced, and the price tumbled
TO a point 1sc per bushel below what 1t was
a portion of the first half hour. Another
weak feature of the early rews was re-
ceipts of 459 car loads at Minneapolis and
Duluth. Primary market receipts were
Alb cars. The export :learances were rather
heavier than for a few lays back, amount
ing In wheat and flour to 49,, 600 blu. An in
crease of 10000 blu in the amount of pas
sage, and an estimated increase of
$500 Blu in the English visible, came in on
the latter half of the session and deerened
the feeling of bearishness hat had already
taken possession of the crowd. May wheat,
which opened at 5sAa5i7sc, had got as low
as 55%c by 12:15 o'clock. rhe strong corn
market caused a reaction in the last hour,
May closing at $3.50.
The corn market was at it's firmest after
wheat had reached it's weakest, and at no
period of the day it was corspicuously
weak. Shortly after the opening it sold
at &c below the price it closed at on Sat
urday, but during the remainder of the
day the early sellers had no chance to get
their corn back, except at a loss. Offerings
were light, and the dealers were on the bull
side. The market reached it's greatest
strength after the publication of the visi-
BILE supply statement, which showed a de-
crease of $4,000 blu, compared with ar in
crease Of 1872, 900 blu a year ago, but the fact
that places in Illinois whence shipments to
Chicago had previously been quite free
were now getting from 1c to 11ac more than
the Chicago price from Eastern buyers,
who were exporting via East Boston and
Newport News, was. also a strong ele-
ment in producing the irmness.
May opened at acc, improved to 1914
dropped back to $3.50, and then began an
advance, which became fast and furious to-
ward the end, resulting in the price reach
ing 1870, and leaving off at 46A@46Bc.
Oats market firm, there being a decrease
of $4,000 blu in the visible. Bartlett Frazier
sold freely and prevented the price from
advancing very much. The offerings were
taken up quite readily by the crowd. May
started at 29asc, sold at 29AG29%c, up to
2912c, and closed at that price.
Provisions turned down Immediately at
the start, and ruled weak the greater part
of the day, with a tendency toward re-
cOvery near the end. The range for May
pork was from $12.05 at the start, down to
Sill with $11.95 the closing quotation. The
respective declines for the day are 71ac in
pork and ribs, and SC in lard.
Hog receipts were $4,000 head. The weak
ness was the result of liberal selling, sup
posedly in the Armour interest.
Estimates for Tuesday: Wheat, AZ cars;
corn, lis cars; oats, 1870 cars; hogs, %, 900
head.
Cash quotations were as follows: Flour
unchanged; No. 2 spring wheat, $3.50; No.
3 spring wheat, nominal; No. 2 red. $50
55Ac; No. 2 corn, 45A@451ac; No. 2 barley
54055c; No. 3. 53@5ic; No. 4, sic; No. 1
flax seed, $1.41A; prime timothy seed, rs;
mess pork, per Dbl, $11.S5@12.W; lard, per
100 lbs. s6.65@6.671a; short ribs sides. Qoose),
s.. 75@5. so; dry sailed shoulders, Doxed), 5
= -,~-% 10 -slo- I@-~l &c O0E%c III
whisky distillers' finished goods, per gal
lon, Slips; sugar cut, loaf, unchanged;
No. 5 yellow corn, Hd44Ac.
Receipts-Flour, 1900 bblS; wheat, Is, 900
bu; corn, $1,000 bu; oats, 10000 blu; rye,
IL 600 blu; barley, 10, 900 bu.
Shipments-Flour. 1000 bbls: wheat, $1,000
bu; corn, $1,000 bu; oats, 1871, 600 bu; rye,
5000 bu; barley, $1,000 bu.
On the produce exchange today, the but
ter market was firm; creameries, 18G19c;
diaries Sa16c; eggs, weak, IQ1112c.
Duluth.
DULUTH, Mimi, March 1S.-Wheat start
ed out at the top today at 62Ac for May,
and was steadily pounded down to 61Ac
at 12:15. There was moderately heavy
trading in May and July. Nothing but
seaboard clearances was construed as bull
ish. The report of a big trade in Manitoba
wheat here sent out from Chicago, is I'M
olldS LIN us iaa IN
on Saturday was in futures, not actual
wheat. Late in the session there was a
recovery of 1gc in sympathy with the
bulge in corn and pork. Thereafter there
was a lively trade in July. The mills took
$1,000 blu cash wheat, mostly hard, at Ac
over May. The elevators were not buying.
Close-No. 1 hard, cash and to arrive, &c
bid; May, 62Ac; July, $3.50; No. 1 northern,
cash, March and to arrive, 611ac bid; May,
61&c bid; July. 62&sc bid: September, 61sc
bid; barley, 45@471Ac; rye, Acc; oats, 500
301ac; hay, $5@S. Receipts wheat, 3S, 1870
blu; shipments, 1876 bu. Inspected in, wheat.
So cars; year ago, 45.
st. Louis.
ST. LOUIS, March 1S.-Flour, dull and
unchanged. Wheat strong early, with 1sd
Hc advance. but a decline of %M7sc on
heavy pressure to sell; later rallied, re-
covered sc and at close was only 1s@Ac
below Saturday; No. 2 red cash, SOC bid
May, 551sG55Ac bid; July, 55G55Bc asked.
Corn dull; weak early, rallied later on;
better demand and a strong advance re-
suited, the market closing within 1-16c of
the top, and 1aM5sc above Saturday,; No.
2 mixed cash, 4214c; May, 431s@43Ac; July,
1850. Oats, speculative trading light,
though it became slightly better toward
the close, which was the same as Saturday;
No. 2 cash, soc bid; May, 30$sc asked; June,
o0$sc asked. Rye, No. 2 offered east side
at Soc, but no bids. Barley nominal. Re
ceipts, -four, 1000 bbls; wheat, 1000 blu;
corn, 1000 bu; oats, $4,000 bu. Shipments,
flour, $4,000 bu; wheat, 5000 bu; corn, 25, 600
bu; oats, $1,000 blu.
Milwaukee
MILWAUKEE, Wis, March 1S.-Flour,