The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-31
CHICAGO CHANGE.

CHICAGO, Jan. 30.--A buoyant corn nit
rs msts t tag dominant factor in grain mar
nj Loday ana for time tended to life
al prices. But, though bullish sentiment
seemed to have taken hold of snecnIae
t tl3n asaln, higher prices tempted profit-
Sc 500 for Mo anG the close brought a loss Of
fsc IQf May wheat, and gains of lI0ssc
LOT LOT MAY corn, and 3sc for MAY oats pro
visions closed sc lower all around
bi ahere was big trade i'll corn and d
hlgh range of prices. A strong cash Sat
uatlon has been gradually deVelonino. On
the strength of the cold weather fhot
stimulated speculation to activity Alto
gelner TINS inns cereal was the strongest and
most active on the board. The situafion
IA the West and Southwest was the nrin-
eipal factor. Kansas City reported a
cieaFlng out Of its surplus and an i'm
p pnf eea1il IN tie demand. Nebraska was
hol orLeflng freely. In general outsiders
We're bullish. Shorts here covered and
commission houses put in good buying or
ders. A good support developed, and from
an opening shade lower to 14c higher
at bzbc to o3c, May advanced until a ono
time it sold at 62$zc. At such prices how
eyer ef H. pF oft was popular and most
VI me gam was lost. At the close May
was Hfm' A@9sc higher at 630631sc RE
ceIpts were only 50 cars.
Inc wheat market was not what could
De called strong at any time. For a few
minutes after the opening ON the streno+%
of better cables and small reeeints thera
was Short-llyed squirt and the tone was
hrm. But later selling orders deyeloped
ana III Spite OF the good influence of corn
the market slowly sagged off There was
little of Importance in the news. For
elgners We're not in the market TO any
extent
Shorts covered at times on reports Of
DuI1lSh sentiment in the Southwest and of
poor shipments resulting from the bad
weather. When the turn came, short sell
ers We're encouraged, and helped to de-
press prices. May opened a shade higher
to a shade lower at rec to 7S7ac. sold IN
70 l918Ql9Ac. and closed &c down at $40
1850. Local receipts were only 20 cars:
minneapolis and Duluth reported 12I cars
making total for the three points Of 341
cars, against $40 last week. and 391 a wear
ago Primary receipts were 414000 Du
WITH $4,000 bu year ago. Seahoard
clearanees, in wheat and flour equaled
333. eco bu.
The strength in oats appeared with the
corn bulge on a good cash demand. which
has been steadily developing, and on COW
efinS by shorts. The market opened high
er and strong. but compared to corn was
quiet Commission houses bought well
but late protit-taking eased prices. May
sold as high rs 45e. and at the close was
firm, 3sc higher at 445se. Receipts We're
very small at "a cars.
Provisions opened with show of
strength, Influenced by g good hog mar
ket. the grain strength and a fair show
of buying orders. Offerings Were not
heavy, but prices lost after the early adj
vance. There were narrow fluctuations on
selling influences and the close was easy
May pork closed sc lower at $3.50; Nav
lard sc down at $9.4212, and May ribs sc
lower at $S.4215.
The estimated receipts for tomorrow
are: Wheat. Is cars; corn IS ears; oats, 65
cars, and $4,000 head of hogs.
The leading futures ranpad &c folIoruS.