The Saint Paul globe., 1899-02-22
WlIEhTRULEDNONI

CHICAGO. Feb. 2I.-Whcat news tcday was
net of a character to seriou.ly alarm either
side and after coed many ups ana GOWNS
over a &c range May wheat c-osed uh-
changed Corn LETT off unchanged ana oats
1sc higher. Provisions were wanted by shorts
and ToIk gained 2cc, ard DC and lids lVS-
Unre ponsve Liverpool catlcs gave wuea.
an easy stPrt and May comm ncod Ac over
at 727sc. WI lie the opening price expressed
the opinion Cf the majority, lhSre Was, now
ever, an influC Cntial minority that thought the
concession in the Price favorable opportu,
1.ty 20 iocs IS thtmseiNe' OF some wheat ana
May quickly TecoN cred from the opening oe-
cline and in less than an hour had touched
7SIc. The buying that woke the shorts aAd
sturbed their confidence in over prices
came largely frcm the Northwest ana wa
brought about by Il SENSATIONAL drop IN the
temperature in the British possessions ~ b.
low zaro being reported AZ Winnipeg.
The receipts here ard In the Northwest
we're liberal ll6 cars at Chicago and 479 at
Mrs eapo.i' and Duluth. Clearances of wheat
and -four from At antic ports amounted u
422G'0 bu the Bradstreets report OF l.oso,,
O(0 bu reduction in the worlds visible did
not affect the maIfet to any great extent
The holiday tomorrow appeared TO be teareI
by the shorts, ard although there was some
disposition 20 sell at over !Sc Tor May, II
wa, broken when any stand was made by
the holders Near the end the market was
subjected 10 little hammerng SO dear 10
the heart Of old-time campagners, and under
il May wheat was pounded down to 'ZAc.
!; tock cnly mod rate show OF lie eminent o.
the rart Of the bulls to jump the market
70 73isc. where il closed.
The threatened reinstatement Of winter
weather, with increased consumption as one
Of its consequences. strengthened corn he
ceipts were large. .035 cars, but reported
falling eff in farmers deliveries on account
OF previous dec inc in prices prevented fur
ther selling C long corn and eau ed shorts
TO be cautious. May oDened ls03sc lower
at from 35i@c down to 353sc but not much
could b. done at the lower figure and 1t re-
acted to 35$4c closing at 35s4c, buyers.
The oets market trave-e ed under the super
vision of the other grains. Receipts were
heavy, Coz cars. May began unchanged at
27i2c. sc'd spGr!ugly at 27l2d273sc. rose to
27%c and closed at 2I9sc, sellers.
a halt in the deliveries of hogs on their
previous enormous scale strengthened pro
visiona Pork and ribs were at times quite
buoyant on account OF buying By
hacking firms. but lard was relatively heavy
throughout. on account of scattered selling
by commission houses. An Improvement in
d, maId for meats was a helping influence
Nav pork opened 5d7hc higher at $3.50
AZ sold off 10 $935, then improved at
So 57Ia and clio ed at $955, sellers. Lard be-
gan at 81 32lsG5.35. declined to $5.2j, then rail-
lied to $5.35G5 37la and left~off at S5.35. May
ribs started Jd714c up at $4.72l2@475, weak
onod to $4.67ladA70, then rose to %I7l2, the
CO ing f@ure.
Estimated receipts for Wednesday: Wheat,
II cars: corn, 475 cars; oats, 2l5 cars; hogs,
Sl,020 head.
Holiday tomorrow on account OF Washing
tons birthday.
The leading futures ranged as follows: