The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-03-11
ALL THREE GRAINS DROOP
EASIER TONE AND DULLNESS AT.
FLlCT THE PITS
Operators in Wheat Were Waiting to
See the Government Report - No
Support of Importance - The Early
Strength in Corn Followed by De-
cline.

CHICAGO. March 1O-Dullness per-
Vaded the grain pits today and an east
er tone was manifested, May wheat
closing 1-S@ lac lower. May corn was
down Use and oats was off 1-2c. Pro-
visions ruled about steady, and the
May products closed from sc to 100
10 1-2c higher.
Inc trading n wheat was exceed
lngly dull, many operators being dis
posed to wait for the government re-
port or grain in farmers hands. EX-
pectatlons that this report would be of
bearish character caused selling
throughout the day. The opening was
firm on steady cables, and May was I'M
changed to Use higher at "A LIE to
"A 5-8c, but the early firmness was
soon lost, there being little support of
any Importance. Evidences that the
worlds wheat movement was on the
increase, as shown by Worlds ship
ments for the week of $4,000 blu, and
an increase of 100000 blu in the amount
on passage, caused added weakness,
and May sold down to 74c. Buying by
commission houses late in the day
caused a rally, but the close was 1-S@
Lie lower at "A 1-4@74 3-Sc.
Clearances of wheat and flour We're
equal to 2S5,000 blu. Primary receipts
were 5l4,O2O blu, against 437 900 blu a
year ago. Minneapolis and Duluth re-
ported receipts of SOS cars, which, with
local receipts of 81 cars, none of con-
tract grade, made total receipts for the
three points named of 399 cars, against
291 cars last week and 37S a year ago.
Course of the Corn Trade.
Strong cables and unfavorable
weather for the movement caused
strength in corn at the opening, but
the early advance was not maintained
the same influence that affected the
wheat market being responsible for the
decline. Estimates that the govern
ment report would show a farmers re-
serve OF nearly billion bushels re-
suited in considerable selling by local
traders. Outside of this feature the
market was dull. The close was easier,
with May off 1-Sc at At 3-S047 1-2c,
after selling between Al lac and
A 3-4@47 Use. Local receipts were
larger at 494 cars, with of contract
grade
There was fair trade in oats and
early prices were firm, in sympathy
with wheat and corn, but the latter
market reacted under the influence of
the depression in other grains, and the
close was weak. May closed 1-2c low
er at "a 3-S@3 "a 1-2c, after ranging be-
tween 81 3-Sc and Csc. Local receipts
were PIG cars.
Provisions We're firm, though there
was not the bullish enthusiasm mani
tested in the market that would natur-
ally be expected in view of the small
run of hogs and from 10c to 15c ad-
vance in prices at the yards. Com
mission houses were fair buyers at the
outset, but the big holders were dis
posed to take profits, and this selling
had a tendency to drag prices down.
The close was about steady, with May
pork 1-2c higher at $3.50. May lard
was up 1O@12 lie at $1O.22 1-2, and
ribs were sc higher at 1897 1-2c.
The estimated receipts for tomorrow
are: Wheat 20 cars; corn, 275 cars;
oats, l20 cars, and 10000 head of hogs.
The leading futures ranged as follows
Omen. HIGH | Low / ClnSe