The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-04-01
WHEAT HEAVY At CLOSE
DROWSINESs WAS THE ORDER IN
THE WHEAT PIT THROUGH
OUT THE SESSION
BRIEF Squirt AT OPENING
IL Was Not LOnE-LIVed, and Market
Soon Dropped Back Into State
OF DuIIness-COrn Market
Was Heavy.
BRIEF Squirt AT OPENING

CHICAGO. March S1-The wheat pit
droWSed today, seeing nothing in higher
cables and damage reports from Argen-
tine to cause uneasiness when this coun-
try Is putting up such fine brand Of
weather and the prospects are so ex-
cellent. The market closed heavy, May
1e99sc under yesterday. May corn clos
ed 1sQAc and May oats Ac down. and
provisions at the close were 5Q10c de-
pressed.
The wheat market concluded a month
which has boosted the price Of May wheat
up lSsQli2c IN a very quiet manner. In
vain did holders point to the higher cables
from Liverpool, and again without effect
TO the reports OF damage by rain to the
Argentine crop. Those who were selling
sereneiy called attention to the liberal
receipts. the fine weather and the crop
prospects, which point to bullying bins
when the reaper rests from the harvest
next summer. So there was not the de-
Zland today that characterized yester-
day session, and there seemed to be
plenty for sale, but 1t was not q large
speculative market
At the opening there was a short-wind-
ed upward squirt on the buIltsh considera-
ton. but the market felt the other way.
The export sales were light, and seaboard
clearances In wheat and -four We're equal
20 622, - bu. The cash demand was
slack. Primary receipts were 605,0o0 bu,
compared with 1,040 coo bu last year. Min
neapois and Duluth reported 437 cars.
against 535 last week and 1.0S3 a year ago.
tract grade.
The corn market was heavy There was
@ big amount for sale, and shipping bids
were strong, two things which combined
10 develop an appearance of activity, and
yet the business was not large. The
market had some strength early on high
er cables from Liverpool. light country
offerings, May selling at S9c several times,
but this was lost. The weather prob
ably acted along with desire for profits
IN causing liquidation. From 39c, the top
price so far for May. the market sold off
to 369sGS8S4c, closing at that price, is9Ac
oars. Primary receipts for the week were
.S16.000, against 1902 600 a year ago. Ship
pers sold about 200 900 bu.
There was nothing like a repetition Of
the activity OF recent days in the pro-
Visions pit today. The market was
easier. too. Hogs were generally weaker,
Hhere was prof1t-taking and selling on
stop loss orders and less of an outside
demand than during the period who car
RED May pork for gains Of more than a
dollar. Shipments were less than for the
same period last year. Liverpool was
lower for lard. The feature OF the trade
was the demand for May ribs. May pork
Joe under yesterday at $12.60. May lard
from Sc. IS to S6.371a and closed &C down
at SS3Iip. and May ribs from $751; to
1856. with the close TIC lower at S. SIP
Oats yielded with other grains, the fea-
tlIre OF the trade being the selling of
both July and May by a cash house. Re-
ceipts here We're 1874 cars. 2S cars under
the estimate May ranged from 244sc to
24ssc, and closed &c down at 24ssc. July
closed &c lower at 23zaG424c.
Estimated receipts Monday: Wheat, 70
cars; corn, 325 cars; oats. l56 cars: hogs.
e4.0OO head
The leading futures ranged as follows: