The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-14
CEREALS NEGLECTED. IN CHICAGO
BOARD OF TRADE SPEC
ULATION
NAY PORK MARKED UP 60 1-2C
Lard and ribs Also strOng-Wheat
Gained 1-2 to Csc and Corn
and Oats Gained
3-Sc Each.

r CHICAGO, March 13,-Aggressive bullish-
ness in provisions made the market the
conspicuous feature on 'chai%e To-Day.
The cereals, while quiet and at times in
active, were firm, partly in sympathy
with hog products and partly on the bull
ish aVera gre of the routine news. May
pork closed 621ac higher; May lard, 1212c
up, and May ribs, 15Q1Tc. improved. May
wheat closed 12Q9sc over yesterday, and
corn and oats with a gain of sc in each.
Provisions market assumed the leader
ship of the markets at the start, with the
display Of marked activity. By its bulge
today May pork shows rise OF $l.oo
since ten days ago. The opening advance
was based on light receipts and higher
prices in the market at the yards. A
heavy general demand existed throughout
the. day. Struggling shorts, who mad
hoped against hope for reaction, COW
cred at a loss, with the result that the
market having made its advance during
the forenoon, held at its best during the
remainder of the session. The market
was at times extremely nervous, under a
scarcity of offerings, and such sales as
were made came from profit-taking longs.
Hog receipts have been on a diminish
1nS- scale Tor ten days, and prices at the
yards are above the parity of the manu-
featured product, making it more profit
able TO buy in the pit for future deliv-
cry than to buy and pack the hogs
May pork opened at $l4.975A 916.021a and
advanced to Sl5.52 closing at that fg-
1ure, 6z7ae over yesterday May lard sold
between $LG2A and $721a, and closed
l21ac up, at S.1212, and May ribs, between
i7.371A and $3.50, with the close 150l715c
improved, at T.4712Q7.5O.
Wheat was dull but firm. May opened
7sc higher to unchanged, at 751sc to 15c
Under the influence of firm late cables,
moderate receipts, unsettled weather
. heaVy Seaboard clearanceS, and in SYM
pathy with the provisions strength, an
advance to 1880 followed. The demand
was mostly local, and not large but Of
1erlnSS We're scarce. Reports of export
engagements aggreSating 81 loads caused
covering by shorts late iii the session
and a Turtner advance to 1850 followed
The close was firm; May 1205sc up, at
15124 153sc. Lack of telegraph facilities
was, to a great degree, responsible for
anees IN wheat and flour were equal to
$4,000 bu, while primary receipts aggre-
gated 6US,OO0 bu, compared with 704,00O bu
last year. Local receipts We're Sc cars
of contract grade. Minneapolis and Du-
Iuth reported 3N cars, against 277 last
week and 652 ayear ago.
Corn was quiet and firm under the in
Huence of unfaVorable weather and in
sympathy with the provisions strength.
At times there was a fair outside de-
mand but the bulk of the business was
local. Receipts were 262 cars, SO of con-
tract grade. May sold between 4c and
Also, and closed ssc higher at 41Ap
4lssc. Covering of July by shorts brought
that option within 1s@1zc of the May
price. A scarcity Of cars shut off ship
PLhg business here, but exporters report
ca ~ loads taken at the seaboard
Oats We're duh and firm, in sympathy
with corn There was fair outside de-
mand. but it was noticed that some of
yesterdays buyers of short oars were
putting them out on the advance TO-DAY
May sold between 2415c and 251hc. and
closed Ssc higher, at 25Q25bc. Receipts
were 1873 cars.
The estimated receipts for tomorrow
are: Wheat, so cars; corn, 230 cars; oats.
rs cars. and II 600 head of hogs
Inc Ieadlng futures ranged as follows