The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-02-17
CROP HIGH PRICE RECORD WAS
AGAIN BROKEN IN YESTER-
DAYS DEALINGS
STRENGTH HELD TO THE CLOSE
Wheat Closed Unchanged, BeiHG sus-
tanned Only by High Price OF
COrn-Oats StrOng-PrO-
SiSiOns Lower.

CHICAGO, Feb. 16.-Corn was again the
leading deal on the board of trade today,
May breaking the option 5 hlgh-prlce re- sc
ord, and closing with net gain OF SO
a C for the day. Wheat was dull and mar
row, and closed unchanged. Oats closed
AG3sC higher, and provisions 2i2Qoc de-
pressed. .
Corn concluded a bull week with its
activity and strength undlminisned, ard
prices on a new and higher lever. II
approached the environs of the natural
squeeze The talk was OF empty Cribs,
of farmers who showed no disposition TO
SELL and of the exceedingly poor snow
ing of new arrivals when the came TN
der the eyes of the inspectors. Many Dc
elevators reported absolutely no response
TO bids sent into the country last night
May corn opened 1s@Ac lower at 4J?sc
to 40i2c, under pressure from OUTSIDE
interests. The crowd, however, was pull
ish and gobbled up all offerings with
so much enthusiasm that the market
st,aightway rallied to 4lAc. On the ad-
vance there was heavy OUTSIDE Duyliil I5
while those on the selling side Yesterday
covered at g loss. This advance tempted
realizing sales, under which May reacted
to 4Ossc Here the market became almost
be re Of offerings, and under heavy gen
eIal demand the price shot up to 4l14c
and closed fsG$4c over yesterday al 4l1sQ
4lAc, with the demand still clamorouS
The cash situation was SAID TO pc
strengthening all around" OF the day S
receipts, 301 cars, but l graded contract.
The Spartan spirit of the bull interest
IL wheat became apparent, when with
only tine reelected strength CT corn TO help
It, the wheat price was maintained
against a plenttude of bearish news.
Liverpool and continental cables We're
weak. Australian shipments We're nearly
double those Of the previous week, while
eIcrmouS worlds shipments and Il Big
increase on passage Were indicated. May
wheat opened 14Q3sc lower at 75}40751sc,
amd rallied with corn II 7oAc during the
forenoon Following this the market re-
n
to 75lAG753sc The final upturn in corn
carried wheat up to 15i2W6S8c, and the
close was unchanged at 7542c. Cash
transactions We're very small. Seaboa:d
clcaTances in wheat and flour were
equal to 5000 bu. Primary receipts ag-
eregated 100000 bu, compared with 5l4,eO0
bu the corresponding day last year. Min
neapolis and Duluth reported All cars,
against 356 last week and SOP year ago
Local receipts were IS cars, ; OF which
were equal 10 contract requirements.
Oats were fairly active. The market
opened easier in sympathy with other
grain markets. Early offerings We're ~
eral at 2512c, but later the corn strength
caused ar active demand at that p:icc.
enc man taking in 300, Gl0 bu Nav rallied
sharply to 243ic, and, although outside Of
feringG became more liberal at this ad-
vance, the market held firm and closed
at the top, h05sc higher. Receipts were
2. cars.
Provisions were moderately active. The
market opened lower because OF heavy
hos ec4ipts. An advance followed in Te-
spouse to the corn strength but this
merely served TO cause selling by local
interests, and the market reacted and
closed .GSy. -Iiy pork sold between
$40 ANA $l4.ft15, ana closed Sc lower at
$4.15: May lard between S7.55 ana ST. 50,
closing 212W5e Gown at $3.59Q7 52l5, ana
May ribs between. %.12:5 and M.0712677. 10,
with the close -12c dc JreS.ed al 10.
Estimated receipts for Monday are:
Wheat, 40 cars; corn, 3JG cars; oats, 39J
cars; hogs, 37CC0 lcal