The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-11
CHICAGO CHANGE.

CHICAGO March 10-Meager reports
of showers and prospects of good rains
IN the southwestern wheat country took
the bull support of dry weather away
buIllsh opening in all grains spectators
We're forced to change front, and at the
close May wheat was sc lower May corn
72Q9sc down and May oats nc off Pro-
visions lost 21ac to sc.
AT the start in the wheat pit there
was goodly array of bullish arguments
cables We're firm, continued dry weather
was reported in the winter wheat belt
receipts were light and comm .sslon
houses had good buying orders Coarse
grains We're improved and aided in the
upturn Under these influences May open
ed 9sc TO 4sc higher at 7S1sc to 7,7sc, and
advanced TO 7SAc. On the advance num-
erouS longs who had bought early last
week sold for profits. Prices steadied
Tor some time around 7Sc but when re-
ports arrived of showers in some local
tiles of Kansas and Nebraska, selling
became general and somewhat heavy aud
prices easily declined. There was much
speculation as to what the government
report of grains in farmers hands would
state There were bearish preliminary
estimates that the reserves would be
from 1S0,0O0,000 bu to 200, OO0 900 bu Trade
was fairly active. May closed weak, &c
lower at TIC.
Local receipts were 81 cars. l of con-
tract grade; Minneapolis and Duluth re-
ported 445 cars making a total for tEe
three points of 479 cars, against SOP cas-
last week and 654 cars a year ago.
Worlds shipments were SOL 900 bu, com
pared to 1912, 00 bu last year On passage
breadStuffS Increased $780, 600 bu. The WISH
bic supply decreased 93S 900 bu. Primary
receipts We're 449, 600 bu, against al 900 blu
year ago. SeabOard clearances in wheat
ana hour equaled 100000 bu. The sea-
board reported ii loads taken for export
Corn was Influenced chiefly by wheat,
ruling firm at the outset and sagging
on or the bearish news, though not to
such an extent as wheat. After the first
ECur trade was "a lined to dullness. Ca
bles and light receipts, together with the
wheat strength, brought the opening
purge. cash offerings were still light,
blI as wheat eased, long corn was sold
and the decline followed. The local
crowd in the main waited for the gov
eminent report. May opened strong and
s 5a as hlgh as 6212@629sc, then went
GOWN TO 6l12Q6l9sc and closed weak
79Q2sc lower, at 615sa61Ac. Business was
conhned largely to pit traders, though
me me conspicuous selling was for St Louis.
receipts We're small at 10l cars
Oats We're dull with prices inclined IN
sag IN sympathy with other grains May
was o1Iered freely at times, but was fair
~ We'll taken and suffered little loss in
price. The range of fluctuations was
very narrow, the bearish sentiment ne
ing offset to a slight degree by reports
Ihat large quantities We're to be shipped
Receipts were 1872 cars -
an excess Of 1900 hogs over the esti-
mated run broke the hog market and in
nuenced liberal selling in the provision
slight show of strength on the absorntion
OF offerings and products closed easv
May pork closed sc lower at SIS. %; NAV
aaro Z12@5c down at SO BIZ and MAY ribs
23Sc lower at IS .356S. 37Ib -"
Inc estimated receipts for TOMORROW
d az wheat, 30 cars; corn. 10 cars; oats
49, cars, and $4,000 head of hogs '''
Inc Ieadlng futures ranged as follows: