The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-06
CHICAGO CHANGE.

CHICAGO, March 5-Speculation on
the Board Of Trade was again dull to-
DAY. fluctuations We're over narrow
range, and though the tone ruled firm
the greater part of thte day on bullish
crop reports, the close showed May
wheat and May corn only 1sQAc higher,
ana May oats 489Ac lower. Provisions
closed 742Q20c lower.
In wheat bulls had fair encoura Sc
ment soon after the opening. Cables
We're only slightly higher, but North
Added to this was the bullish factor of
dry weather reports from the South
west. The effect of the early bullish
surroundings was not felt with full
force until nearly an hour after the
opening. Trade in general was slack,
but the crop conditions finally awaken
ed buyers from the country. The
southwestern markets We're active, St
May opened a shade lower to unchanged
at 761sc to 761sq76Ac, and gradually ad-
Vanced to 76Ac. Shorts had covered to
some extent. The small receipts in the
Northwest started the story that the
crop yield had been overestimated Ele-
Vator stocks there were decreasing and
new estimates were made that the crop
would be nearer to 175,000,000 bu than
HO,O03,0OO. There was no prospect of
moisture in the Southwestern states
but the prices that had been built on this
basis did not hold when liquidation began
near the close. May eased off to Its low
at 1850. Local receipts were 81 cars, 8
of contract grade. MINNEAPOLIS and Du-
luth reported 213 cars, making a total
for the three points of $50 cars, against
o6Z last week and 332 year ago. Pri-
mary receipts were 405, 000 blu, against 607 :
600 bu last year. Seaboard clearances in
wheat and -four equaled Gil 900 Blu.
Corn was given some support by the
for a time. st. Louis did some buying
here and helped early, and even in
creased receipts had little effect, as
traders were confidently expecting a fall
ing OIL of farmers offerings. May open
ed shade lower to a shade higher. at
6IHc to 6lBc, and on local buving sold
up to 6212c. Foreign markets were
rather indifferent to our ADVANCES cables
still builish, the cash demand improved
little, and the same people who bought
yesterday renewed business. But later thf.
market became dull, and May reacted
closing barely firm, 4s414c up, at 617sa62c
Receipts were 119 cars.
There was an early demand I'm oats.
winch, together with the strength in
other grains, held prices firm There
ton. May was nervous, and the crowd
was uncertain as to action. Country Of
ferinSs were light. and commission
houses took some May, sending it up to
441sc. Later the early buyers wanted to
get rid of their holdings, and as the
demand slackened May sagged and closed
easy. @0Ac down, at 44a644Ac Re-
ceipts were 100 cars
Provisions suffered from the Influences
of heavy run OF hogs at the wards
and the consequent lower prices. There
was fair show Of frmness early on
buying by packers, but later the crowd
turned in to sell, and Nav pork closed
zoe down, at $1510; May lard, 715051Oc
lower. at $9.2712, and May ribs nc lower
at s82715.
The estimated receipts for tomorrow
are: Wheat, 30 cars; corn. 10 cars: oats
20 cars. and 10000 head Of hogs
Line leading futures ranged as follows.