The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-24
CHICAGO BROKERS OPTIMISTIC
OVER REPORTED CLOSE OF
THE TELEGRAPH WAR
MAY WHEAT GAINED 1-s-1-4c
Corn Gained 3-Sc and Oats 1-S-1-4c
provisions Went Down, May
Pork 6Oc, Lard Lee
and Ribs 1-2c.

CHICAGO, March 25.-An agreement
whereby the dissemination of quoWltions
will be crafty facilitatd, creating Visions
OF increased business, had a stiwiating
effect on the grain market toda<, al
though business generally was quiet.
May wheat closed 1s@Ac, May corn sc
and May. oats 1sQAc higher. Provisions
endured further liquidation and May park
declined Coo, May lard 21ac and May ribs
TIC.
Speculation was practically without
feature in wheat. May opened unchang-
ed TO 1sc lower on good weather and lib
eral Northwestern receipts. Bears, how
ever, were weak hearted fearing to run
into an ambuScade. They were more in
even over Sunday. When reports that
the quotation difficulty had been settled
were confirmed, shorts covered moGer-
ately and with additional assistance of
the corn strength, May gradually ad-
Vanced to 76Ac and closed B@Nc higher
at 161sQ76Ac. There was a mo?[rate
amount of exchanging in both ways in
July and May. 1t iSshelieVed the settle
ment of the boards differences with the
telegraph companies would result in
much outside business which has b?en
turned from this market since the qu2ta-
1lcnS nave been shut off. A report from
southwestern Kansas said wheat pros
poets in that section were excellent even
better than year ago, when a bump
er crop was raised. The weather in the
Northwest was said to be all that could
be desired. The Australian wheat crop
was officially estimated at Il, 790 600 blu, or
z55z,Vo bu more than the previous crop.
exporters reported 8 loads taken. Sea-
poarq clearanceS in wheat ard -four were
equal to $4,000 bu. Primary receipts ag-
gregated $4,000 bu, compared with 642.CO)
pu last Year Minneapolis and Duluth
reported 35a cars, against 376 cars last
week ana $50 cars year ago. Local re-
celpts were GO cars, none of contract
grade.
Corn opened firm and continued to gain
strength for an hour. Receipts were
moderate and while the weather was fa-
VofabIe for an early resumption of farm
WORK, the rain that was predicted as fol-
lowing the mildneSs of TODAY was ex-
pected to prevent the Increase in tie
proportion OF contract corn. There was
a good outside as well as local trade and
the bulls were the more aggressive
Heavy cash sales yesterday which We~e
reported during the day had a strength
eHlng erect. Receipts were $40 c9rE q
cars OF contract grade. May sold be-
tween 1A@ll3sc and 4134c and closed a[c
higher at 415sQ412lc ''0
oats were dull but firm in symnathy
with corn and on an improved shippinS
demand which caused covering by shorts
May ranged between between 2475G3 he
ana 2btsc and closed TA014c up at t5ISc.
Receipts We're 100 cars
PROVISIONS We're easier but except in
pork, the losses in price were not very
material. May pork opened UNCHANGED
at al &c and declined under liquidation to
S12-%0' cI0slng Coo under yesterday at
$15;49; May lard closed PIC lower at
Us, Y and Ray ribs 715c down at S7.S5.
me Inc estimated receipts for Monday are:
Nneat, eO ears; corn, 240 cars; oats. POS
ears, and 5000 head of hogs
Ky LcaQlnS FUTURES ranged as follows: