The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-03-04
DEFERRED WHEAT
FUTURES EASIER
May Strong and Conaested-
Good Buying Continues in
Corn and Oats

CHICAGO. March 3-Trade was brought
almost ann to halt here today in all grain
insiv was rara a1e , fn1ef reason seem,
squeeze In wheat for May delivery had
never In reality been abandoned. With
the exception of MAY wheat which is up
u a sc. closing prices are practically
Identical with yesterdays final quotations.
Wheat
From start to finish the wheat market
showed little signs OF animation. business
being confined to trades OF small proper
tons Notwithstanding lower prices at
Liverpool the market here opened quite
steady, May being a shade lower to Is q
&c higher at S1.15k G1.15%. July was
y a &c lower to shade higher. at 9S34 a
99c. Commission houses showed a ten
dency to make moderate purchases, but
offerings Were extremely light. rumor
that the May deal was still in operation
would soon sharply advance appeared TO
be the main factor in restricting offerings
The market was bearishly affected by a
t tsspor. or a 81. Louis trade paper claiming
that fun sown wheat to be in good condi-
ton. Prospects Of an early spring caused
some selling of the July delivery. In con-
sequence eSie the tone OF that option was
May reached the lowest point of the day.
The bottom price on July was at 9Shc.
Covering by shorts caused May to rally
to 81. is. In sympathy July sold up to
$3.50. The market closed about steady
with May at s1.15H. Final quotations on
July were al 9SHc.
Clearances of wheat and -four were
week. as shown by Bradstreets were
equal to 100000 bu. Primary receipts were
81 500 blu: compared with 464.s0O Blu.
minneapolis, Duluth and Chicago reported
receipts OF 2S2 cars against 404 cars last
week and go cars year ago.
Corn
Small acceptances from the country
formed the basis OF a firm corn market
Leaders in the trade predict light receipts
from now until after the completion of
spring work on the farms. Large clear
ances helped to maintain a firm under
tone May opened unchanged to a shade
lower at 4I1s as TO 4Sc, sold between 47Z
and 4s4c. and closed at 4Shc. Local re-
ceipts were 453 cars, none of contract
grade
The main factor in the oats market was
a good demand for the cash grain, ship
pers and elevator interests being active
buyers. A moderate advance in cash
prices tended to. stimulate speculative
tire day. May opened unchanged to n
shade lower at 31kc to 631H m31ssc sold
up to 31%c and closed at 31ssc. Local re-
ceipts were l64 cars.
Provisions
Provisions were firm early on light re-
ceipts Of hogs Later the market eased
on on selling by pit traders. At the close
May pork and ribs were each off shade
at $12.521a @12.55 and 1918 respectively.
Lard was unchanged at s695@6S71k.
Estimated receipts for tomorrow:
Wheat, q cars; corn, 1893 cars; oats, 1873
cars; hogs, p. 900 head.
Cash quotations were as follows: Flour
easy. No. spring wheat, $110@115A;
No. 3. s1.o7d115; No red, sill
Ql;17 No. corn. 45&c; No. 2
white, 1914 @33c; No. 8 white, Sik @S2Ac
No. 2 rye. 7sc. Good feeding barley, $50
39c; fair to choice mailing, 43646c. No.
!; fiaxseed, s1.2eh; No. l northwestern.
$lSS. Mess pork, per bril- s12.40@12.45.
Lard. per 100 lbs. s6S066S2k. Short ribs
sides. 0oose), ..s6.625k @6.75. Short clear
sides (boxed), S6.75G6.S7k. Whisky, basis
Of high wines, sI,23. Clover, contract
grade, $3.50 Receipts-Fiour, "a, 100
oats 2so, 800 bu; rye. 5000 bu; barley,
10I, 800 bu. Shipments-Flour. 24,200 brls;
wheat. 45,10O bu; corn, 239, 900 bu; oats,
2o4.30o bu; rye. 1890 bu; barley, 14,10O
bu On the produce exchange today, the
butter market was easy. Creamery, go
S0c; dairies, 22G2Sc. Eggs-Weak; at
mark. cases included, 24@241zc; firsts,
24Q24hc; prime firsts. 26c; extras, Csc.
Cheese steady, 12@13hc.