The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-29
CORN STILL AI THE FRONT
ST0NOP0LIZED OPTION DEALING ON
BOARD OF TRADE AGAIN
YESTERDAY
LAY CLOSED $50 IMPROVED
Wheat Practically Unchanged and
Oats a Shade HiSher-PrOvislOns
Dull and Weak, Closing
LIE to zoe Down.
Jay CLOSED $50 IMPROVED

CHICAGO, March 2S.-Speculative in
tereSt on change was again focused on
corn today, and the market, after estab-
fishing a new high record for May de-
livery, closed Sse over yesterday. Other
markets were dull, with the closing I'M
changed, oats a shade UP and provisions
PIC to Z5c depressed.
Germ opened with sentiment only
shade easier. although the rather bear
iSh ensemble of news might have ex
cused greater weakness. The weather
was improved. receipts were liberal and
contained a largely increased proportion
of contract corn, while cables were In
different. Notwithstanding this array
OF considerations, the market opened I'M
changed at 401ac. and in a few minutes
touched 4232Ql42asc. On reported freer
country offerings, the initial flrmness
May dropping to 42ssc. Here the market
turned AMI began that steady apprecia-
ton which eliminated in a aew high
record price for May delivery doing it
in the face of strenuous efforts of the
bears. The bull leader was only
moderate buyer but outsiders who seem
TO be the stanchest bulls in the market
were purchasers and May, during the
afternoon, touched 43c. The close was
strong, sc over yesterday at 427sc. Local
receipts were $4,000 bu. compared with
H4,0O0 bu year ago. The advance cur
tailed shipping bids.
Wheat was dull, narrow and uninterest-
ing. Much of the time business was at
a standstill. while traders turned a visit
corn. Even reports of Hessian fly dam
age were received with apathy Heavy
receipts and the weakness of the export
situation, the mild clear weather and
the optimism of the Price Current report
combined to create bearish sentiment Il
was judged Unwise to tempt fate too far
with the bullish corn market so close q
neighber and May. having opened a
shade to 4sc lower at 1916 to 7534c de-
clined only to 755sc. Near the close the
market rallied in sympathy with corn
and closed unchanged at 751s07Gc. FIX
porters reported 20 loads taken. Sea-
board clearances in wheat and flour were
equal TO 56l coo bu: while primary re-
celpts aggregated 74S,t00 bu, compared
with $4,000 bu year ago. Local re-
celpts We're &c cars, none of contract
grade. Minneapolis and Duluth reported
a total Of 3a, against S77 last week and
496 a year ago
Oats were in excellent demand for
shipment. but for future delivery bust
TO be in need OF all the strength corn
could lend. English inquiries for cash
were numerous. Receipts here were 1854
cars. May sold between 25c and 25sc
and closed shade higher at 251kc
Provisions were dull and easier The
market opened steady on light hog re-
ce1Pts and higher prices for the same
bat soon turned easier on selling nv
packers and local operators. There was
a good cash demand. Nav pork sold
between $50 and SIS. 40. and closed 25c
lower at S15.4T12; May lard between IS 07Ia
and s., closing 21aGl5c down at IS O31b. and
May Tbs between sS17 go, with the close
TIC depressed at 81. 9215
The estimated receipts for tonorroVv
are Wheat. 65 cars: corn, 200 cars; oats
205 cars. and 10000 head Of hogs.
me IeadIng FUTURES ranged as follows: