The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-22
HARD Fall FOR My PORK
SELLING BY ARMOUR BROKERS
CAUSED A SUDDEN BREAK
OF 80 CENTS
CLOSING NET LOSS S. CENTS
Cereals Were Weak and Lower,
May Wheat Losing Five
EighthS.
CLOSING NET LOSS SIS CENTS

CHICAGO, March PA break of 90c
in May pork was the feature on change
today. This commodity closed soc lower:
while lard closed a shade and ribs 5q112c
higher Reaction from yesterdays war
talk had depressing effect ON wheat,
which closed at a decline of Sc. Corn
closed sc and oats 41ac lower.
Provisions opened strong on light hog
receipts and higher prices at the stock
yards, May pork 15StNac higher at $l7 u
OIL Selling by brokers said to be
acting for Armour who was popularity
believed to be in a position to control
the market started realization by other
longs, and May broke rapidly to $1G.2d.
The market paused for Ice and 15c re-
Armour brokers were open buyers of
ribs. their purchases being approx
mated at 100000 pounds. This, together
with the readiness of the market to alb
serb pork at the decline, caused a grad
ua1 reaction in May pork to $16.45. The
close was SOC under yesterday at $16.35.
May lard sold between SIS and 81 .95,
and closed a shade un at SSH, while
May ribs huctuated between $40 and
SIS, with the close 5071Ac higher at
$7.75@7.TT42c.
trade being chiefly of a professional
character. At the opening yesterdays
rumor of 4 clash at Tien Tsin received
an offset by easier cables from Liver
pool Northwest receipts were, liberal
and the Price Current estimated wheat
In farmers hands at 46, 00e, coo bu more
than the government approximation.
with warehouse stocks at 1900, 600 more
than the official visible supply statement
shows. May opened nc lower at 76zc
to H3scSgbut sold at $3.50 on recovery of
~ at Antwerp. This was followed by a
dip to 761s07e3sc- and q recovery to 7633ze.
Liberal primary receipts, small seaboard
clearances., and the announcement that
the trouble between Russia and England
had been settled anicably, induced fur
Their selling, and May dropped to 761sc,
and closed heavy CSC under yesterday
at 7G14Q763sc. Seaboard clearances in
wheat and -four were equal to 183, 600 blu
Primary receipts. aggregated 637, 600 bu
compared with 697, 600 bu last year Min
neapolis and Duluth reported ST cars.
against $50 last week and 7o8 a year
ago. Local receipts were 112 ears. none
of contract grade.
Corn was moderately active, while the
undertone Of the market seemed easy.
May scored a small gain early in sympa-
thy with the pork strength, and broke
later on the same ground. Moderate buy
ing by commission houses at the decline
caused slight recovery towards the
END of the session. May sold between
413sc and 4lBc, and closed &c lower at
4lHc. Primary receipts were 279 cars, 81
of contract grade.
Oats were dull, fluctuating in sympathy
with corn May sold between 251sc and
24A@241se, and closed lower at 247sc. Lead
ing bears were the best sellers and as
the demand came mostly from scalpers,
the decline was accomplished. Receipts
We're 1852 cars.
The estimated receipts for tomorrow.
Wheat, 40 cars; corn, 375 cars; oats ITO
cars. and 220OQ hogs.
The leaoIng futures ranged as follows: