The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-27
CORN, THE ONLY ACTIVE OPTION,
SHOWS A NET Loss OF
I-Sc TO Lie
WHEAT IS lac TO 3-Sc LOWER
Oats Also Lost an NEUTRALITY-SUSPICIOUS.
Hold Steady on Light Hog Re-
ceipts, Closing Unchanged
to Z LIE Higher.

CHICAGO, March 26-Moderate activ-
lty in corn was in contrast to the quiet
ness OF other markets on change TO-DAY
The tone of cereals was easier, corn clos
ing 1sq14c, wheat AQ5sc and oats 1sc
lower. Provisions were steady closing
unchanged to 71ac higher
At the opening the corn market seemed
scarcely equal to the pressure from longs.
who wished to secure profits OF intlu-
ence in this condition were easier cables
and better weather in the west May
opened 1sc to 1sqAc lower, at 42Ac to
4Z1sQ42c, and declined during the first
hour to 42c. Offerings then became light
er, and for a time the market ruled dull
and featureSleSS. Small primary receipts
and buying by a bull leader later started
shorts to bidding, and the market recOV-
cred sharply to 429sc, the highest price OBJ
tanned this season for May delivery. This
bulge met renewed pressure from longs
who had Withdrawn on the earlier dip,
and the market again Sagged, May clos
ing easy, 1sqAc under yesterday, at 421k
@42Ac. Primary receipts were 431 GOO bu,
compared with 1872, 900 bu a year ago. Lo-
cal receipts were 2S4 cars, 80 of contract
grade.
Wheat was extremely dull, and the
trade of a scalping character. Sentiment
was bearish, but the impulse to sell was
brIdled by fear of a bull market Gil
matte condition and the cash sGaation
We're still arrayed against an advance on
account OF the humor of the pit, where
small rallies were accepted as invitations
to scalp a small profit or to escape with
.. slight loss. May opened unchanged to
3sc lower at 757sQ75S4c and drapped to
s512c. Business for q time was at u
standstill, but later, in sympathy with
the corn strength, shorts covered and
sent May up TO 75S4c. Following this and
also in sympathy with the coarse cereal,
the market eaSed, and May closed A03sc
lower at 1512Q753sc. Exporters reported
only two loads taken. Seaboard clear
ances in wheat and flour We're equal to
$4,000 bu, while primary receipts were
again large, 624,0g0 blu, compared with
ass, GOO blu last year. Minneapolis and Du-
luth reported 4SS cars, against 497 last
week and 4SS year ago. Local receipts
were 137 cars, six of contract grade
Bradstreet's statement showed an in
crease Of $4,000 bu in the worlds visI-
bic.
Aside from listless trading by scalpers,
the oats market was entirely overlooked.
May sold between 25Ql251sc, and closed 48c
lower, at 25c. Receipts. were 327 cars.
Provisions were quiet, but averaged
steady on light receipts and higher prices
for hogs. The market was a trifie easier
early on selling by commission houses,
but packers took care of the moderate
offerings from this source. Pressure was
mostly on May pork which, having
opened 1sc higher, at $3.50, was sold
down to $15.60. 1t closed unchanged, at
frmer on local buying. May lard sold be-
tween $S.0212 and $S.VT1a. and closed TIC
higher, at $7.S712c, and May ribs between
81 50 and $S.021a with the close 212Gt5c bet
ter, at $SdS. 021a.
The estimated receipts for tomorrow
are: Wheat, IS cars; corn, 155 cars; oats,
125 cars, and 17,O00 head of hogs.