The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-14
minneapolis and Duluth aeai S4 %stt.,,

er and May oats Bc higher Provisions
after opening strong closed shade 10
sc lower.
There was little positive news in wheat.
Cables were not responsive; Northwestern
receipts were increased enough to be
bearish, and it was generally conceded
that there was rain enough for the wheat
states at present. The weather was sea-
sonable, and statistical journals gave
bearish advices. Under these influences
May wheat opened H01sc lower at 1910
16Ssc. Corn helped wheat back to it's yes
terdayS closing position. There seemed
Tor time to be an effort on the part
or local leaders to bull the market but
the covering, which had advanced May
gave way on heavy selling for St Louis
Spring wheat seeding has been started
and there seemed to be an inclination
to let wheat find a level for export Adj
vices from the East say that foreign
markets are preferTing Manitoba wheat
to our exports. Farmers are reported
ploWlng up their worst wheat fields, and
carnage reports still come to hand The
selling depressed prices of May down to
l512c, and the close was weak, May 7s0
1c lower, at 75156755sc
Local receipts were 40 cars. I of con-
tract grade. Minneapolis and DulUfh
reported 1872 cars, making a total for che
phree points of 422 cars, against 265 last
week and 294 a year ago.
Primary receipts We're All. 900 bu. COM
pared to $4,000 bu last year. Seatoard
clearanceS in wheat and flour eoualed "a
wv gu. The seaboard reported thirty
leads taken for export.
Corn made the best show Of strength
Prices We're at a LITTLE decline at the
opening, In sympathy with wheat. Good
support, however, developed at once.
So SOU nv markets were higher and
sent in buying orders. Gables were Slight
~ up. Receipts were small The in
Terror movement was slow, and reports
had 1t that there was good feeding de-
n5dnu; Ihere was also fair immediate
ppia
away from the depressing influence of
wheat, and even helped that cereal to
some extent. May corn easily sold IN
~ ~ ozAc. Hnen came the wheat break and
HpefaI selling of corn on spring infiu-
ences followed. May lost it's hold and
sLo OIL to 6l1sc. closing at that figure.
weak 7209sc lower than yesterdays
close Receipts We're 112 cars.
There was some small action in Nav
oats today and for time il was
thought the expected furry was at hand
Prlces OF other options were slightly low
er5 put May started unchanged. There
was only small demand but the nron
STehSlh held prices UP until aImost
| at the close. The heavy long holdings in
May options still keep the shorts on ten
egr h0oks' When corn and wheat broke
May IOst some of its gain but Other on
lions closed easy. May closed Xc bi@b
er' at 451zc. Receipts still continue small
and We're Sc cars
PROVISIONS ruled rather steady. The
opening was brm and higher on better
prices for hogs. and there was a further
aqvance on buying of pork and some
tbs ~ Brokers supplied the demand east
Etro ailq the late grain weakness took the
SiIlehgtH out OF the market MAY porlI
closed &C lower, at $3.50; May lard. PIC
GOWN 90 "a at, at ~ 49, and May ribs shade Of
at $S.40GJ8. 42I2. oil'
on ne estimated receipts for tomorrow
a. {, Wneat, 81 cars; corn, 90 ears; OATS
20 ,r cars. and $1,000 head of hogs.
me Ieadlng futures ranged as follou,s.