The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-02-20
MINNEAPOLIS.
CLOSING.
CHICAGO CHANGE.

CHICAGO, Feb. 19-Grains were dull
today. Bearishness was uppermost, but
50 marrow was the range that May wheat
closed only Bc lower, May corn a shade
down and May oats 1sc lower. Provisions
closed &c to 1212c depressed. Early trade
IN wheat was somewhat nervous, with
tendencies toward lower prices. Cables
were lower, flour news was weak, and
the weather for winter wheat was good
This induced some short selling and sent
prices down a trifle. Northwestern re-
celptS We're liberal and predictions from
that country indicated q better spring
movement The seaboard was bidding,
but at prices 1c lower. Dizziness was also
a bearIsh factor. May opened BGD1be to
AQ9sc lower at 783sc to 78c, and hung for
over an hour with hardly any change.
weakness in coarse grains helped to de-
press wheat and May eventually touched
liAc There had been some selling for
longs and commission houses had sold
some for the outside account For
time it looked as If the market could be
manipulated easily, but when New York
worked fair business on the break the
crowd that mad gone short early came
In and bought. Most of the loss was re-
gained and May closed steady, lac down
at 7S1sQ781Ac. There was a sprinkling of
builish news through the session, which,
however. had little Strengthening effect
Reports had it that much of the winter
wheat country which was supposed to
De under snow, was unprotected. San
FRANCISCO also reported a fair continent
ceipts were % cars, none Of contract
grade. Minneapolis and Duluth reported
z54 cars, maKlng total for the three
months of 276 cars, against 81 cars last
year This day last week was a holiday
Primary receipts were 437. 900 blu, COM
pared to $4,000 bu last year. Seaboard
clearances in wheat and flour equaled A, :
VOg bu The seaboard reported IL loads
taken for export.
A bearsh sentiment CARRIED over from
Az eruay, depressed corn at the opening.
commission houses sold some for the
Southwest; there was no Improvement in
the cash situation and on a general bear
Ism sentiment prices hung somewhat I'M
der last nights close. One large profess
saonal bought in to some extent and
buOyed the market for a time but when
he threw over lids purchases the crowd
went short and May slid off to 69Ac The
general situation was almost unchanged
Clearances We're very small and the move
ment was slight. Colder weather was
predicted in the feeding country and the
freer movement expected West showed
no signs of beginning at once There
were several little spurts of activity in
corn near the close, the early short sell
ers took profits. 1nis brought a steady
condition and May closed only shade
under at 6l1zc. Receipts were Al cars
oats mad little life and followed corn
closely. Prices fluctuated over a range OF
only NC, though there was a slight de-
cline from yesterday. The steady tone
at the close came on the revival of corn
strength. May closed only 1ac down at
1890 Receipts We're 20 cars.
Provisions were quiet, but We're de-
pressed by general selling following the
early grain weakness. Hog receipts at
the yards We're light and brought better
prices, but the sentiment was more
beaFish than for weeks. May pork closed
121sc down to $15771a; May lard 5@71sc low
er at $9. 40@9.42ft and May ribs sc lower
at $S45.
The estimated receipts for tomorrow
are: Wheat, SO cars; corn, rs cars; oats.
80 cars, and 1900 head of hogs
The leading futures ranged as follows: