The Montgomery advertiser., 1902-03-02

regarded this as challenge and for the first shour there was g. lively scramble to cover. There was some fear that an attempt was being made to force values before the government crop report which is expected March 10. Receipts continued slow and there are no indications that point to. an early increased movement. Storms are breaking up the roads. These influences aned in the manipulation which did not come entirely unexpected. Nervousness prevailed all morning and the trade was heavy. May opened IA to 1-2c up at A 3-4045. eased momentarily to 4 5-sQA s-4 and then went up with quick jumps to 461-2. One buyer got nearly 100000 bushels at the high figure. The market Quieted down and on an absence of demand, prices slid back as quickly as they advanced. May touched 46, A 1-2 and closed still firm 3-S@1-2c higher at fl 7-sq45. Receipts were 9f cars.
 Wheat was active at times, but with declining tendency that was checked by the strength early in the coarse grain markets The range was small and trade not heavy, arc ali told there was a little of importance doing. Damage reports continue to come in from the Southwest but the crowd was slow to believe them and on the heavy rains the feeling was inclined to be bearish English cables were rather firm and the sharp bulge in oats and the corn strength helped an early firmness. The outsider was buying moderately. but the prevailing sentiment
 
 same time were cautious. There was no deman nd for cash wheat and there was nothing significant in receipts. May open ed a shade higher to @ shade lower at v to 76 7-S. held steady near these prices the first hour or so. and then, when corn broke eased off to 76 1-2. May closed easy. 3-S lower at 7e 1-20D76 5-S. Local receipts were "A cars. none of contract grade. Minneapolis and Duluth reported 358 cars, making total for the three points of :S2 against 3S1 last. year. Primary re- .cepits 542,000 bushels compared to 5-60o) bushels a year ago. Seaboard clearances in wheat and flour equalled 328,00) bush- els. <
 Corn was active and somewhat nervous. Early in the session small acceptances over night and higher Southwestern mar ffets firmed the market. Fluctuations were narrow just after the opening and May sold up only G. 1-2c when oats were at their highest. As soon as oats started to react, corn holders began to unload and the market turned decidedly weak. Stop orders came out freely around 62. The cash demand was dull and although the weather West was still stormy, country offerings were i~liberal. May broke jag gedly, the offerings being taken mostly by. shorts and holders of privileges. May sold as low as 61 1-4@6l,l-S and closed heavy and weak 3-fI7-S lower at 61 S-S. The receipts were 204 cars.
 Provisions opened with a better tone, on the light receipts and higher prices at the yards. Commission houses did some small buying at further advanced prices. On the bulge, packers offered freely. con- siderable ribs were sold and on the grain slump prices eased under yesterday. May pork closed ? 1-2 lower at 15.45; May lard unchanged at 9.37 1-2 and May ribs 56i 1-2 lower at S.35@s.37 1-2. Estimated receipts for Monday: Wheat 25; corn 125; oats S5 cars. Hogs 5000 head.
 The leading futures ranged as follows: