The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-02-16
CHICAGO CHANGE.

CHICAGO Feb. 15.-Bulls in the grain
markets had Slightly the better end of
the argument today at the end of an
other dull and uneventful week of specu-
latlon. Yesterdays small losses were made
up and better tone prevailed but the
dragging nature of the markets is shown
by the fact that the week s gains Were
under lc. May wheat registered gain
toCay of SsQ12c; May corn, 15c, and May
cats sc. Provisions closed 715@10c higher
Higher cables and predictions of small
ef World s shipments occaSioned a slight
~ better opening in wheat, but the char
acter of the trading was of the same
poor sort that has been manifested for
the past two weeks. Most of the business
was slow and confined to the local crowd.
outsiders Kept out of the market to q
marked degree. A bulIiSh Interpretation
pat on the French government crop re-
port was shown in the Paris cables and
engendered still better sentiment here
There was even an attempt to bull the
market on this news. Many views of
CONDITIONS; however, worked against the
tone of the market. Northwestern ana
primary receipts were liberal; St. Louis
was weak and the weather was favorable
GOOD lines We're bid for at New York, but
would be taken only at declines. The
trade was taking crop damage reports
with modicum of salt. The scarcity OF
winter wheat, which is said to be the
cause OF small receipts. they likewise are
cheaper grades of the spring variety
nave been used during the week for ex-
port, and this gave but little assurance
to the bulls. On the other hand, constant
reports Of heavy feeding OF wheat to
STOCK come to hand, and the bulls have
given some heed to the mutterings from
Oklahoma and Kansas that the plant is
liable to damage, especially in view Of
the two previous years of bountiful YIELD
Under these influences prices See-saWed
narrowly. May opened 1sc higher at
worked upward to 7Sasc Corn strength
played small part in the advance. May
closed HfTns ssQ12e higher at 7S5sQ78zz c.
Local receipts We're s.1A7cars, one of con-
tract grade; Minneapolis and Duluth re-
ported AT cars, making total for the
three points of AL cars, against 3M last
week, and 459 a year ago. Primary re-
eelpts were $4,000 bu. compared to SOP, 900
bu last year SeaboaFd clearances in
wheat and flour eQualed 81, GOO blu.
Corn was quiet, zbut showed, much
peter feeling. Liverpool was slightly
higher in the face OF our decline yes-
bear1Sh sentiment, started May a shade
higher TO a shade lower at &c to 617sc
For short time short selling eased the
market and May sold at 613z 66f7ae .5ut
some of the local crowd helped the mar
ket by buying. The Southwestern mar
kets seemed still In control. ST. Louis
which had been turning bearish, was
holding up we'll No. corn there. which
recently declined to BIC under May. was
reported back to the level OF that OPP
ton On the other hand, cash stuff
mere was Ouered more freely and at re-
duced prices. Generally speaking, spec
ulators stayed out OF the market. Late
IN the day there was talk OF an i'm
proved export demand and some fair
buying set in. May advanced to 621ko
and closed firm, &c up, at 62ssG621kc Re-
ceiptS were IS cars
Oats were dull, though apparently
stronger at all times than the other pits
The only feature to todayss business was
some buying by cash people. The stead
mess OF corn was help. SPECTATORS
are watching the pit carefully and appear