The Saint Paul globe., 1901-02-16
SHARP DEMAND FOR CORN
i@f0N0POLIZED ATTENTION YESTER-
DAY ON THE CHICAGO BOARD
OF TRADE
LEW HIGH MARK FOR CROP
Wheat Was Stagnant, Closing
-- TT'ifse Down, and Oats and Pro-
g, visions Also Shared in
the Depression.
LEW HIGH MARK FOR CROP

CHICAGO. Feb. 15.-Corn was the lead
Ing speculative cereal on change today
1he market was active and strong under
g. variety of Dullish Influences and after
settlng new high price mark for the
crop closed AQ3sc higher. Wheat was
gun and narrow, closing a shade lower
Oats also experienced q decline of a
Shade, While provisions al the slose were
2aQl212c depressed.
Corn was the largest market shat has
Deen experienced recently. Buying was
general, While most Of the offerings came
from the local hands. At the bottom of
the markets strength lay light country
ecceptanccs; belief IN an approaching
period OF bad roads which would hinder
the movement the small amount of
contract stock here, and the fact that
casn sales here yesterday afternoon a6-
gregated million bu. May corn opaned
esc flShsr at 4O12c TO .403sc, and under
neaVy buying by commission houses and
sIlppers ana pressure from covering
sSdnloo,ts, advanced during the forenoon 10
5sVtse, &c above the previous high price
Tor the crop record. In the rise local
people offered freely, but everything was
taken freely. one hundred and four thou
sana s-pll- was. taken at 4GIkc by one long.
ana following this other liberal profit
fFdHzipS sales were made under which
II reacted to 40$sc. The close however,
was sstroRg, AQasc higher at 4015c. Re
ceipts We're pa cars. On the proft-taking
moVensent one firm let out & quarter of a
million May, but most of the large hold
ers held their lines.
wheat was dull and narrow-absolurelv
ilDare OF speculative feature Cables were
SIeady, and Argentine shipments less than
tlle pre- VlQuSa week. These facts combined
with the corn strength, merely saved the
Dearlsh, sentiment of the crowd from he
coming sufficiently confident to result IN
SLlt sellng- May opened Bc higher at
I93sc to io94c, and declined early TO 751ba
aere the market resisted further de-
cline stubbornly, but later touched 1890
"A rally to 7912q753sc followed, and the
oiese was steady, a Shade lower, at 1873.
,4EXporters at the seaboa,d reported so
Ioads taken and seaboard clearances in
~ ~ @BIf-ak1ahd Heur We're equal to IA 900 Eu
Urinary receipts aggregated f53 900 bu
compared with 547, 900 bu the correspond
ing dav of last year. Minneapolis and
s41etttta reported 420 cars, against S5I last
week ahd 9S1 a year ago. Local receipts
tpelSss 80 oSFS, 4 of contract grade
IheTe was a moderately active market
for oats, but the range was a narrow
one There was a fair cash demand NAV
SofH. che tween -252sc and 25I5c, and closed
q shade down. at 2525@251@c. Receipts
were ZIG ears
PROVISIONS were dull and the tendency
easier because of heavy hog receipts
lSomlnlSSion houses Which bought yester-
nay nay We're generally sellers today, and in
tnlS they were Joined in q small way by
packing interests. The close was easy.
May pork sold between 81. .35 and S14 i7ib.
and closed 1212c lower at Sl4 20; Nav lard
DetWeen Sf.5112 and $7.521a6D7. .55, closing
SLI12 and $7.l0Q7. .1215, with the close &c
depressed at 81. .121b
Inc estimated receipts for tomorrow
are Nheat, IS cars; corn, 30 cars: oats
ESQ cars; hogs, .25 900 head 0'''''
= Yhea4e leading futures ranged as follows.