The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-03-15
URINARY OF THE DAYS TRANSACTIONS IN THE MARKETS
WHEAT SCORES A GAIN
MILLING DEMAND is ACTIVE AND
AVAILABLE STOCKS DECREASE
Market Rules Nervous After a Weak
opening-News Comes to Encourage the
BuIs-corn, Oats and Provisions Are
Lower.

CHICAGO, March 14.-An active mill
ing demand and a large decrease in
available stocks finally turned the scales
uncertainty being firm at net gain of Y
q sc. Corn is Nc lower. Oats are off
A@@aac, and provisions 71h@22kc.
condition Of the growing plant the wheat
market ruled nervous. There was heavy
selling. on all advances On reports Of
snow in Kansas the opening was weak,
was off 1@1hc,. initial quotations being
at 95@95hc. July opened shade to ss q
1ac lower at 91@913sc. Official advices
to the weather bureau failed to confirm
showing practically no snow there during
the past twenty-four hours. The bulls
were apparently encouraged by this state
soon in evidence. Outside markets We're
strong, and prices here began to adj
vance prominent long was an active
buyer Of May, causing that delivery to
rise to 97Acc. July sold up to 9l%@s2c.
Outside business was light. With corn
showing considerable weakness, offerings
of wheat again became liberal, resulting
crease of 1892, 900 blu in the visible supply
caused renewed buying later in the day.
The flour situation in Minneapolis was
reported bullish,. and local exporters
claimed higher bids were being received
for wheat for foreign shipment. Under
these influences May again advanced to
&c, while July was forced up to 92hc.
Realizing sales caused some recessions
from the high point, but the close was
firm, with May at 96%c. Final figures
on July were 915s @91Ac
Clearances of wheat and flour were equal
to 217,700 bu. Primary receipts were $685.
ago. The amount on passage increased
1, TIP, 600 blu. Minneapolis, Duluth and Chi
cago reported receipts of GAL cars, against
634 cars last week and 635 cars a year
ago.
Corn Is Variable.
Under the influence of the weak wheat
market there was an easier tone In corn
at the start. The sentiment soon changed.
however and on active covering by shorts
the market became strong. The feature
in trading was purchases by prominent
provision interest. The demand from this
source checked the selling pressure and
days closing figures. The opening on
May was unchanged to 3Bc lower at SAG
541sc. After selling up to 54& the price
declined to &c. The closing was at % &c.
closing shade higher at Sly @51Bc. Lo-
cal receipts were 227 cars, with four of
contract grade.
Heavy selling of May oats by some Of
the larger commission houses was re-
SponSible for a weak market in the oats
pit. Prices showed only slight losses, how
ever, owing to fairly active support by
shorts. The close was easy and near the
low point. May opened shade to 1s@Ac
lower at 41Ac to 41asc, sold between Ale
419s@41%c, and closed at Al &c. July clos
ed s@Mc lower at 391sc. Local receipts
were 1919 cars.
There was a good trade in provisions
and business was of quite a general char
acter. The market showed some firmnesS
early on buying by packers, but weakened
later on realizing sales. A decline of &c
in the price of hogs had depressing in
fuence. Closing prices We're near the bot
tom, May. pork being 22Ac lower at
$14 021k May lard was down 1910 at
$.25 and ribs 71sc at $7.271a. Estimated
receipts for tomorrow: Wheat, 30 cars;
corn, $50 cars; oats, 275 cars; hogs, ri, 600
head.
80 ''e Range of Quotations.
The leading futures ranged as follows:
= Oman | Hitch Low. Close.