The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-12-10
Minneapolis and Duluth ssai o1 ns1s..,


with connections in New York, the
Northwest and st. Louis were heavy
sellers, and Patten is reported to have
unleaded 100000 blu of wheat. AS the
markets weakened in price they were
met with renewal of outside buying.
Which was in such bulk that it could
hardly have come from scattered out
siders. Some of the persistent bulls con-
tinued buying and even at the top prices
at the opening thought the bargain i
COCO, one Conditions that usually gov
ern were somewhat mixed. Cables were
not quite as responsive as expected.
Northwestern receipts were falling off
but primary receipts showed a good gain.
The Increases in stuffs on passage and
in the visible supply also were bear
ish factors. With these influences to abet
the selling pressure, prices fell off badly.
May options, which opened 1s@Ac higher
fell to Size Shorts were jubilant and
rushed to put on more pressure. Then
came the reaction with the force of a
Whirlwind. Buying orders sprang up all
around and it became woefully appar-
ent that the market was heavily over
sold. In twenty minutes the price for
May was up again to SSs4e, a new crop
record The close was very strong. &c
above Saturday at S33sf0S31kc. Receipts
were 60 cars; Minneapolis and Duluth re-
ported 92S cars, total for the three
points of 9SS, against LOST last week and
LOIS year ago. Primary receipts were
1,1SS,oo0 bu. compared with $4,000 year
ago. Bradstreet's on passage increased
$4,000 blu, and the visible was increased
2S44, 600 blu. Seaboard eIearances were
equal to $685. bu.
Corn started strong because of the
snow and rain which it was thought
might hinder farmers deliveries. Heavy
profit-takirg. however. made itself felt
In weakening of prices. There We're
still several prominent bull professionals
in the market, but heavily increased
Western offerings and a slack outside
cash demand soon dampened their ar
dor. Primary receipts Were-heavy. Lir-
erpeol showed only faint response to
the advance here Saturday and local cash
dealers reported business almost at q
standstill. May opened nc higher to 1sc
lower at 694c to 677sc, but quickly began
to feel the effects of liquidation in this
and the wheat pit. Prices sagged rap
idly to 67%c. Wheat strength, however,
came to the rescue just before the end,
and. buoyed up May to a steady close.
sc lower at 6S5sc. Receipts were 164
cars.
After an opening at about steady prices.
oats suffered a material loss early under
heavy liquidation from several promine NJ
1asc below Saturdays close. The bulk of
the offerings were absorbed by the out
side and when May, which opened un-
changed to &c down at 47asc to 47c, reach
there was considerable commission trade,
prices huctuating wildly and rapidly
When the strength in wheat becaaie
manifest, oats followed upward to lie,
closing comparatively firm, 1ac lower at
4bBc. Receipts were 179 cars.
Provisions were rather heavy early, af-
fected by the downward tendency in
grains The country buying seemed TO
have subsidized and selling for profits 81
local professionals took it's place. The
run of hogs was very large, but the bull
argument of the, day, was in the light
and unfinished condition of the animals.
n hoo cyf1-o
prices responded. January pork closed Sc
up at $780, january lard, sc higher at
$3.50, and January ribs, unchanged 1T
$3.50
are: Wheat, IS cars; corn, 1870 cars: oats.
225 cars. and $1,000 head Of hogs
The leading futures ranged as follows:
Open. High. j LOW. lCIose