The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-02-04
CHICAGO CHANGE,

CHICAGO, Feb. Sold weather and
growing bullish sentiment resulted in
DetLer prices IN all pits on the board of
tIade today, May wheat closed with a
net gain of Sole; May corn 16711kc, and
May oats $sQ12c. Provisions closed 5@
71a to 10c higher.
Aside from the early weekly statistics
the news Of the wheat pit was buIIish.
Northwestern and local receipts were
small Northwestern elevator stocks were
CecFeased, there was a fair demand and
cables were slightly up to start though
thelr early advance was lost. The cold
weather and storms threatened a slower
movement and increased feeding The
coarse grains, especially corn were
strong, and reflected a good deal of their
power to wheat. The monthly report
from Washington gave a poor showing
for the condition of the winter crop.
Shorts became nervous and set to cover
ing, and May, which opened a shade low
er, to shade higher, at 7867S1sc ad-
'Vanced. The visible supply was report
ed decreased 1,444,000 bushels and sent
May to 783zc.
Toward the end of the session realiz-
ing eased the tone slightly. The ruling
feeling, however, was firm throughout
the day, and May closed firm 3s01ac up,
at 7S12c. Outside markets were higher
but the absence of any marked outside
interest in this market led to a quiet
trade. Local receipts were 10 cars two
OF contract grade; Minneapolis and Du-
Iuth reported $40 cars, making a total for
the three points of $50 cars against 3i2 last
week and 1,017 for two days last year
Primary receipts were 467, 900 bu
against ! ,135,o0O for the TWO days a year
$50. Worlds shipments were 8284. GEO
bushels, compared with 7.2S30.00 bush eIs
last week and 7,312, coo bus heiS a year ago.
] he On-passage statement showed an
increase OF. :, 552 900 bushels Seaboar1
clearances n wheat and flour equaled
$4,000 bushels. The Seaboard reported
lethargy in exports.
Reports that the cold weather would
yFV1ti S--c
able strength in cold and set bears guess
in gas to the wisdom of their attitude
toward the market. Gables were firm
and receipts very small An early in
Vestment demand began to spring up
and shorts covered freely. There was lit
tie corn for sale early and May after
opening 1sQ3sc higher sold up to IA 10
e4asc. The visible supply bulletin read
unchanged III corn. for the first time
III the history Of the board in such con-
nection. Cash business was restricted by
light offerings. Altogether corn showed
a strong feeling. Late in the day the
and consequent easier feeling. May
closed strong 1Q11sc up at 637s0164c. Re
ceipts We're only 62 ears.
Traders in oats kept near shore. They
feel that when something does happen
again in oats it will be decided, and they
are not anxious to be caught again as
they were last week. Consequently the
oats market was small though it fol-
lowed corn and showed some strength
May opened well up. but fluctuations
were over a narrow range. The close for
May was firm, 3s941ae higher, at 44$sc. Re
ceipts were only 81 cars.
A better cash trade than has existed
in provisions for some time, together
with the grain strength helped prices
well. The opening was lower on increases
in stock, but pork had good demand
and advanced other products. May pork
closed 1Oc UP at $t5. Sly; May lard 5q715c
higher at $9.45, and May ribs 5G712c up
at s.. 45.
The estimated receipts for tomorrow
are: Wheat, 80 cars; corn, 20 cars; oats,
So cars, and $1,000 head of hogs.
The leading futures ranged as follows: