The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-30
CHICAGO CHANGE.

CHICAGO, March characterization in
| SldIhs was mixed and only fairly active
QUAY, cold weather sustained corn
put wheat was offered so literally that
new low price for May was recorded
AT the close May wheat was 4c lower
| May corn 9sc higher and May oats &c
Ice down.
Some slight strength was acquired by
! wheat from the cold weather reports
west and from their effect on corn
Ihere We're no foreign markets OPEN
however and news apart from the
weather was meager. The session was
short and the tendency in wheat was to
clear up deals. Reports from the win
ter wheat belt continue to develop bear
lsh sentiment. Rains and the warmer
weather helped the growth of plants ma
C 5Triiaily during the week Some Of the
Chlcago crop exports in Kansas report
ed ~ to 10 per cent of a crop for that
state. At the start there was fair buy
ing by a prominent professional 20 take
| IN long line OF shorts and there was
also some Eastern buying. This bust
ness did not last long, but the offerings
continued in heavy surplus of the de-
mand, and prices collapsed temporarily.
May started 1sQ1ac lower to a shade high
er at ll14c to 11ac advanced to 719sc
and then dropped to the lowest price
since May has been for sale this year
707sc. This new level induced good short
covering and some investment purchases
and recovery to 713sc followed May
closed easy, &c down at 7l1s071Ac
11Ocdl receipts Tor TWO DAYS were N
cars, one of contract grade; Minneapolis
and Duluth reported 500 cars, making a
total Tor three points 1.-TWO days. OF SIS
cars, against one day last week, 2SJ cars,
and $50 a year ago.
Primary receipts were 697, 900 bu. com
pared to $4,000 bu last year Seaboard
clearances in wheat and flour equaled
452, 600 bu 1.-TWO days.. Australian ship
ments for the week were 592 900 Du, COM
pared to i,3S4,0O0 blu last year
showing in Kansas and below freezing
IN the Southwest started corn shorts to
SoVer hurriedly at the opening There
could not, of course, be any growing OF
grass with that temperature and the
buyers argued a further need of corn
! for feeding. There was a good demand
most of the day and only light offerings
to meet it. The crowd that has been
manipulating July did a little buying
but not enough TO excite the pit. Many
frnSess and there was considerable
shore covering supposed to be for St
Louis. Trade was active at times: but
the small amount put on the market re-
strlcted general business. The late
weakness In wheat took off some Of the
gain corn had made, but longs were not
inclined to let the market drop back far.
May opened firm, sold te 60Ac and closed
firm, 3sC higher at 597sM60c. Receipts for
two days were 1877 cars.
Oats were weak Offerings, especially
of May, were liberal, and there was no
apparent attempt by the bull faction to
support prices. Shorts covered freely
at times, but the demand was slack The
provisions crowd sold in good quantities
and the corn strength added only tenn
porerily. May started slightly under
Thursdays close, sagged to 413sc, ard
closed weak. &c down at 4l12c. Re-
ceipts for two days We're 257 cars.
Proft-takng ruled the day in proVi-
sions The hog situation was still bull
lsh-the highest prices for the year be-
ing received at the yards today. The
chief buyers of last week who bulled the
market, however, were content to take
their share of profits Heaviest shorts
had already covered, but there were
enough shorts left to take the offerings
without having to depress prices by any
great break The first house in the pit
was nervous and prices in pork rose and
fell rapidly. At one time May FORK sold
as low as $16.4712. The close was easy.
May pork 15c lower at $16.55; May lard
Sc down at s97712; May ribs a shade low
er at $S.S715.
The estimated receipts for Monday
are: Wheat. 50 cars; corn 10 cars; oats
1876 cars, and 1000 head of hogs.
There will be no session of the Board
of Trade on Tuesday, April l. owing to
the election. a legal holiday
The leading futures ranged as follows: