The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-05-03
WHAT VAS HELD FIRM
THERE WAS. LITTLE DOING, BUT
TIE TONE WAS STRONG
AND pULIISH
LIVERPOOL CABLES HIGHER
Nratlers Also Displayed IL BuIiisI
Ee"ming, and the Close Was
at an Advance of One 10
Thrce-F1i esIsfIls.

Juy wheat Minneapolis - CO.'S IS 65ag -65A
July wheat. Chicago ,--.... 6las-12 Holiday
july wheat. New Orl1 49,. 49, 7512
july wEett. Duluth .......- G8l8 6S
CHICAGO, May 2-The wheat market
WAS dGlI, but firm helped by higher
liverpool cables and a buIIish feeling
among traders, closing 1s6JHc to HGG%sc
improved. Corn closed unchanged and
oats sc To ~s4esig apF6$sed. Provisions suf-
Ted Ted. a asFp essas-el22sing I'42e to l212c
Consbie sat4ors. ynFeseuted at the be
ginning. Of the session in the wheat pit
were thtRstfaeHesi4l sta6fs liverpool dry
weather in The Central. area and frosts
Sn sections Of the West and Southwest
following rains in Nebraska and Kan
Sas. The Liverpool advance was encour
aging. IL indicated an appreciation of
the general bulliShneSs of the situation
as viewed from an American standpoint
They appeared to have concluded, as has
The bun party in Chicago, that Argentine
shipments had passed their weekly max
1mum,- and that with only that country
and America. to depend upon for. seven
eishtS 81 their wheat till next September
there Was danger in lowering their bide
below the present level.
There was a fair cash business here,
2IN,Db bu, and export bids were nearer
the market. New York reported % loads
taken for export. The speculative trade
was light and dull. Early delivery on
May contracts were estimated at $780,
900 bu. Brokers acting for elevator peo-
pie We're active changing-buylag May
and selling July at 134c difference. May
therefore, was relatively stronger than
July. First figures We're 1ac over Mon
days close, and there was q small I'D
Vance early on covering by shorts and a
fair export demand, but the bulge gave
way iater on. 1reer offerings; but part
of it was recovered before the end of
the session iSeabOdTd2 cle&ranCeS in wheat
and Hour for two days were equal to
S9SG9 bu. Primary receipts were l44 900
bu, compared with S69G00 blu last year
minneapolis and Duluth reported 305 cars
against go last week, and 2SS a year
ago. Local receipts We're % cars. none of
contract grade July opened $sd15c over
Monday at 619sc TO. 67$4c, sold between
Sac and 6I3sc, closing 1S@i4c improved at
Gl%s45'l-c May sold between 657sc and G512
Ub7'sc' closed 1iu3sc improved at 653sc.
Corn was firm, but not generally ac-
tive. cables We're higher. Receipts light
la cars here, and the wheat strength
was an early support. There was a fair
trade, and the market was a choppy af-~
flr with changing active. Deliveries were
about 800 bu, mostly taken by two
leading bulls There was a good export
demand, New. York reporting 60 loads
taken for foreign shipment July sold
from He early to 407sc, closing unchang-
oats were firm, May especially so. Ele-
NateT people took May with such per
slstence chat the spread narrowed from
11sc 10 sc. The cash situation was de-
good. and there was some apprehension
over dry weather Deliveries on MAY
contracts were 10000 blu. Receipts here
We're us cars. July sold from 231lc to
2S2sc' and closed 3sc higher at 2S1A4a53S55sc
The provisions market was weak. and
de trade in hog products generally quiet
o. housh there was a squirt of nervous
ACTIVITY early. The opening showed a
severe break and great irregularify in
2rlccS. Hog receipts We're heavy and the
calhet at the yards weak. two considerd-
lions at the beginning of the session
There was very little recovery. July pork
/ Sold from $lZ45dl299 and closed 421ac
under Monday at $121772: July lard from
S7.o2js to Sc, closing zee down at $695 and
July ribs from $6.S21a to 67215 with the
close lIj2c depressed at $6.7715
Estimates tomorrow: Wheat. Is cars.
corn, geo cars; oats, 152 cars; hogs %
. The rule limiting trading in futures on
the Board of Trade to sixty DAYS went
into effect today
The leading futures ranged as follows:
LOnnrl-I EIicrn- q LII IL