The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-28
ZULU. TRADERS HAD THE BEST END
OF 1T. ALL GRAINS SHOW
ING ADVANCES
WHEAT IS THREE EIGHTHs UP
Corn Gained 1-4G7-sc and Oats a
Shade-PrOvisiOns Were Dull,
Closing lie Up to
Shade Lower.

CHICAGO, March "a firmer under
tone in which routine news played its
part was observable in the grain mar
kets today. Corn, which was the most
active, closed A@3sc higher for May,
while wheat closed &c, and oats a shade
improved. Provisions were dull and il
regular, closing 212c higher to shade
Trade in corn was active the greater
part OF the session, but the volume of
business was smaller than has been the
ever, showed q resumption of the adj
Vancing tendency which seemed some
thing of a check yesterday. Profit
taking was still against the price, but the
pressure was reduced. On the other
mana, there seemed to be less outside
a~ket. Higher cables,
light country offerings, almost impassa-
sable roads, unsettled weather and
reduction in receipts as we'll as a drop
in the quality of fresh arrivals, were
the factors to which the basic strength
of the market was due May opened d
shaue u -4m:ssc higher. at 42Ac to 4215o.
and under liberal realizing sales which
followed Il further advance to 425s6 PFC,
reacted to 428sQ4212c: A report that the
bull leader. while buying openly, was
selling through brokers' influenced a
number of traders to assume q hearish
attitude. But the light primary receipts,
1..s.,4> AGAINST I.UobLGA, bu last yer
created sufficient approximations arnc~~e
shorts to cause n rally to 425sc during
the afternoon. Longs sold literally on
this advance, bat were well met and the
market closed firm, May Nnssc higher at
4a52c. q, Local receipts We're 152 cars,
' - @'ra de. July Ac over May
and,was quite active
Activity of short duration at the be-
ginning of the session and again near the
end, is tha hest that can be said of the
days wheat trade. Nevertheless the
market exhibited a firm undertone. The
trmneSs early was a result of steady
cables, moderate receipts and unsettled
weather together with the corn strength.
Nav Cpe0ed unchanged TO 1sD14c higher
at talol1.a2sc to l5e4c, and declined carly
to 4assd 1alzc. The corn strength renewed
alarm over the political situation in
China, al9a@ somewhat alarming South
western reports of damages from Hes
sian fly caused rally near the end.
Shorts covered literally and May rallied
sharply to &c and closed firm, &c over
yesterday at 757&G76c. Exporters report
ed eighteen loads taken, while seaboard
clearanceS were equal in wheat and -four
to $4,000 bu. Primary receipts were S79,-
Geo bu. compared with 100000 bu last
year. Minneapolis and Duluth reported
2o6 cars, against 278 last week and All
a year ago Local receipts were Is cars,
two Of contract grade.
The market for oats was dull. nar~-~v
and u0lmnortant during the forNs1Sn.
with the tone easier. Later in sympathy
with what and corn q firmer tone deyel-
oped. May sold between 247sc and 2511gc,
Receipts We're rs cars.
Provisions were duh and irregular. The
tone was easier on a drop IN prices at
the yards and the arrival of a greater
number of hogs than expected, but prices
hardened later in sympathy with the
leading grain markets. The close, how
sold between S15.E716 ard a5.75' and
closed PIC higher at So T215: May lard
end May ribs closed each a shade down
the former at $}.05QS. OH, and the latter
at IS.
Tho estimated receipts for tomorrow
are; Wheat, 10 cars: corn, 40 cars;
oats, 165 cars and 25pCO head of hogs.
Tho leading futures ranged as follows: