The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-03-04
ALL GRAINS ARE OFF
YET THE MARKETS ARE FIRM
MOST OF THE SESSION
Small Business in Wheat, Which Opens
Higher and Is Pulled Down by
Slump in Corn-Trad ding in the Lat
ter Less Active-Prices Lower All
Around.

CHICAGO. March 3.-Quietness pre-
vailed in the grain pits today: and al
though the markets were firm the
greater portion of the session, the close
was easier, May wheat being a shade
lower, May corn down 1-Sc and
May oats off a fraction. Provisions
steady, with the May products from sc
lower to u 1-2c higher.
Wheat ruled dull throughout the day
and the volume of business was small
he early market was firm on strong
Liverpool cables, the prices there be-
ing higher on bullish advices from In
ola showing decrease in the export
able surplus. May opened d shade
higher at Il 5-Sc, and the mar
ket became stronger as the session
advanced, May selling up to a. Use
on better export demand and
a decrease of 10000 bushels in the
worlds visible supply, as reported by
Bradstreets, while prospects of colder
weather in the Northwest also added
TO the bullish sentiment. Consider
able liquidation occurred on the adj
vance, but the market held fairly we'll
until late in the day. when the break
IN corn caused a sIumj to II Csc.
me close was about steady, with May
shade lower at a 1-2c
Clearances of wheat and flour we're
equal to $4,000 bushels. Primary
receipts were 391 900 bushels, against
$4,000 bushels year ago. Minneap-
OILS and Duluth reported receipts of
700 cars, which, with local receipts
OF 81 cars, none of contract grade, made
total receipts for the three points of
Z9f cars, against 722 cars 0hree days)
last week and $50 cars a year ago.
Less Doing in Corn.
Trading in corn was less active than
that witnessed during the past few
DAYS the demand
longs being absent, but in spite of the
quletness the market ruled strong I'M
I'll late In the day, when a sharp break
occurred on liberal offerings and the
close was easy. with May 1-Sc
lower, at At IA and At 3-Sc. af-
ter ranging between Al Is and AZ Use
Inc news in general was rath-
er bullish, cables being firm, while
the worlds visible showed a fair de-
crease, and both cash and export de-
mand good. Local receipts We're Iarg-
er at 4SS cars, with two of contract
grade.
There was little trading in oats and
the market followed the course of the
other grains, opening firm and then
declining later and closing about staa-
dy, with May a shade lower at 35 Ia
and 80 3-Sc. Local receipts We're 172
cars.
Some excitement was caused in the
PROVISION PIT Dy the strong feeling dis
played in lard early in the day and
active covering by shorts resulted in
an advance of % lie in the price
OF that commodity, but part of the gain
was lost on realizing sales Pork
opened at a sharp advance, but heavy
realizing caused a decline Smaller
receipts of hogs and higher prices at
the yards, together with the light
stocks, We're the bull factors. The
close was steady. with May pork sc
lower, at $1S.15. May lard was Il 1-2c
higher at $9.S7 II and ribs were 1-2
and sc lower, at 1882 IL and 1886.
The estimated receipts for tomorrow
are: Wheat, % cars; corn, 365 cars;
oats, $50 cars, and $4,000 head of hogs.
The leading futures ranged as follows:
Alnnr, | u 81