The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-07
IETHARGIC CONDITIONS ON THE
CHICAGO BOARD OF TRADE
CONTINUE UNCHANGED
WHEAT CLOSED UNCHANGED
Corn n shade and Oats Three
Eighths LOwer-PrOvisiOns Were
Strcng on Small Receipts,
Gaining Slightly.

CHICAGO. March 6.-Taking it as a
whole, the day in the grain and proviS-
ions market came close to yesterday S
record in the matter of dullnesS. The
former markets tended down, following
strength early. Wheat closed unchanged
corn shade lower and oats Sc Gepress-
ed. Provisions closed shade to 712e
higher.
Wheat started with a good demand
from shorts and commission houses. the
market being influenced by a sharp ad-
vance at Liverpool, and still felt the i'm
petuS which the market gained on the
curb yesterday after the close. This
strength was due to q sudden fear that
the cold weather had done, or would do
severe damage to the infant crop, and as
The weather was still frigid today, the in
Iiuence remained as comfort to the
bulls, although the bearishly inclined
SPECTATORS smiled at il. May opened
32c to %Sd1@c higher at 751Sd76lkc, and
sold TO 76Ac before shorts felt themselves
secure. The market reacted to 76c dur
ing-the forenoon on heavy selling by ele-
vatOr interests A further decline set in
during the last hour, in the absence of
outside demand, and the close was easy,
May unchanged at Is SC, bottom price for
the day. Primary receipts were 6Gl, WG
I bu, compared with 575,00t last year, while
SeabOar1 clearances in wheat and flour
were equal to 526 600 bu. Local receipts
were SO cars one of contract grade. Min
neapOliS and Duluth reported q cars,
against go last week and CD a year ago.
As to the effect of the week on the pres
ent crop there were few reports from
the, wheat belt, that it W3S feared the
cold snap would injLre the wheat, but as
matter of fact it Is pretty early to tell
anything about it. The crowd in wheat
Is waiting for actual developments, and
this accounts to a considerable degree for
the dullneSs of the Il ade. The cash mar
ket was dull and exporters reported only
four loads taken.
Following a brief period Of activity at
the opening the corn market ruled dun
and featureleSS. Bears recently have
done some selling or the cold weather,
which, according to their calculations,
should have increased country offerings.
The farmers, however, were today re-
ported still clingiDg tenacioGsly to their
property. Shorts were alarmed at this
and covered at the opening The demand
of. The close was rather easy. May
sold between H1R14lAc and 4eszc, and
closed a shade lower at 40'4 0407sc. Re
ceipts were 227 cars, five of contract
Oats were fairly active. The market
opened steady in sympathy with its
neighbors. Selling relieved to reject
freer country acceptances, soon began,
however, and tired longs also let out
considerable quantities. At &c decline
the market received good support for a
time. but was pressed still further by I'M
loading longs and the close: was weak.
May sold between z'12d253sc and 251sc,
and closed 3sc lower at 25lsc. Receipts
were 15S cars.
Provisions were dull but firm on light
hog receipts, although prices at the
yards We're lower. a demand for pork Off
set moderate selling of lard. The cash
situation remained firm but slow. May
pork sold between $I4 I713 and $14.Z5, and
closed nc higher at $14 22ik; May lard
between S. 45Gt7. Az and $7.47lR. closing g
shade up st 81 4597 az. and May ribs
between 81 .C71a and S!.1CCI7 .12l3, with the
close sc VI at $40.
The estimated receipts for tomorrow
are: Wheat, As cars; corn, 25o cars; oats,
$50 cars, and 36,C90 head OF hogs.
The leading futures ranged as follows: