The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-05-03
WHAT WIS REID FIRM
THERE MAS LITTLE DOING, BUT
TIE TONE WAS STRONG
AND nJLLISEI
LIVERPOOL CABLES HIGHER
Nradcrs Also Displayed II Buliish
E.eHninG, and the Close Was
at AN Advance of One 10
Thrce-F1i g;IsfIls.

July NHeal. ChBcdg)..-..... 6iIs--.. Holiday
july wheat New orr, 49,. 49,, 7a12
July wheat Duluth ........ GSl8 Is
CHICAGO, MAY THE wheat market
MS dali bur rrm, helped by higher
liverpool cables and a buIIish feeling
among traders, closing 1s@Hc to HGt@sc
improved Corn closed unchanged and
oats - To q ee improved. Provisions suf-
3eled a sslAgp bgsa ssz.aclQ closing l772c to l212c
Coustd,saa5ons. presented at the be
ginning Of the session in the wheat pit
were thesHstreHs5ill s'@ef liverpool dry
weather III The GentIal-area and frosts
IN sections OF the west and Southwest
following rains in Nebraska and Kan
Fas The Liverpool advance was encour.
aging 1t indicated an appreciation of
the general bullishneSs of the situation
as viewed from an American standpoint.
IhcE appeared to have concluded, as has
The 5QH 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
Fights qf their wheat till next September
tn"re Was danger in lowering their bide
below the present level.
There was fair cash business here,
2lHU" ON, and export bids were nearer
the market. New York reported % loads
taken for export. The speculative trade
was light and dun. Early delivery on
MAY contracts were estimated at $780,
pl0 bu. Brokers acting for elevator peo-
ple were active Changing-buylng Nav
and selling July at 134c difference. May,
July. First figures We're PC over Mon
days close, and there was a small ed
Vance early on covering by shorts ard a
fair export demand. but the bulge gave
way later, on freer offerings, but part
of il was recovered before the end Of
the session SeabOarG' ClearanCeS in wheat
and hour FOR two days were equal to
S'b''g Du. primary receipts were IA 900
bu compared with 100000 blu last year
minneapolis and Duluth reported 305 cars
against go last week, and 2SS a year
as AiaTL rH-gV
contract grade July opened 3sd1ac over
MondIE at 6i@sc TO 61$4c, sold between
6.sc and b.''sc, closing 1s0'4c improved at
Gl"S"uit -. May sold between 657SC and G51b
U57's". closed lass improved at 653sc
Corn was firm, but net generally ac-
1Nr. cables were higher. Receipts light
IA cas- here, and the wheat strength
was an carly support There was a fair
trade and the market was a choppv af-
1lr. with changing active. Deliveries were
about l,et0,0e0 bu, mostly taken by two
leading balls. There was a good export
demand, New York reporting 60 loads
taken for foreign shipment. July sold
from IA carly to 401sc, closing unchang-
Oats were firm, May especially so FIa-
water people took May with such per
Slstenee chat the spread narrowed from
Is /" sc The cash situation was de-
ciarcd improved, the export demand
good and there was some apprehensf On
over dry weather. Deliveries on Nav
CONTRACTS were 10000 bu. Receipts here
We're us cars. July sold from 231hc to
2S3sr. and closed sc higher at 23Iaa523asc.
The provisions market was weak and
d. trade in hog products generally quiet.
o-lhoush there was q squirt of, nervous
activity carly. The opening showed a
severe break and great irregularity in
lrIccs. Hog receipts were heavy and the
calhet at the wards weak. two considera-
lions at the beginning of the session
There was very little recovery. Juiv DorI,
, sold from $l245dl205. and closed 4215c
under Monday at $i21773 July lard from
SI.21. tQ$6. closing zee down at $685.. and
July RIBS from $6.S-l2 to 6.7212, with the
close lIi2c depressed at Sc. 771b
Estimates tomorrow: Wheat. Is cars.
co.n, 200 cars; oats, 152 cars; hogs, %
The rule limiting trading in futures an
the Board of Trade to sixty days went
into effect today
Ire leading futures rane.ed as fnl1ozus.