The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-03-05

CHICAGO, March 4.-Higher prices for
casn wheat in Northwestern markets
tended to give firm tone today to option
trading here. AT the close wheat for May
delivery was up A6%c. July is up &c.
May corn is also &c up. Oats show a
gain Of sc, and provisions sc to 15c.
Wheat
After opening easier In sympathy with
lower prices at Liverpool the wheat mar
ket here soon developed firmness, the
strength increasing as the session ad-
vanced. The weakness of foreign wheat
markets Was largely due to heavy ship
ness Was rarity attributed to predictions
Of oearish statistics for Monday Opening
quotations here showed slight losses. May
being on sc. TO &c at S1.15A TO $1.15ss
July was unchanged to nc lower at 9SS a.
sSAc. From the start the May option was
IN fair demand. but trading i'm distant de-
hverles was light throughout the day. The
ar.'afent cause OF the comparative activity
In May was an increasing demand fo1.
cash wheat at all grain centers especially
at Minneapolis. The situation was made
more PUBLISH by decreased receipts in the
Northwest. Shorts were the principal
BUYERS of the May option here After
touching Sl.15b shortly subsequent to the
price reached s1I6H Meantime July sold
Up tC $3.50. The continued smallneSs of
primary receipts as compared with totals
year ago was factor affording in sup
pert OF quotations. Late in the day a
slight reaction occurred on profit taking
ert the market closed strong with May at
SLIPS. @l.l6%. July closed at 9sc.
equal TO $4,000 blu. Primary receipts
were 443.1 bu. compared with 545, 200 bu
a year ago: Minneapolis: Duluth and Chi
cago reported receipts of 323 cars, against
3ss cars last week and 344 cars a year
ago.
Several prominent commission houses
were fairly active buyers of corn today
0VE rot
from the country of an increased demand
Tor corn for feeding purposes were largely
responsible for the strength. May open
4SAc. sold up to 4ssse and closed at 5sXc
Local receipts were 40 cars with OF
contract grade.
A steady demand for cash grain and
strength OF corn impaired firmness to
s spe heH1 s trading In oats Shorts were
tered. May opened &c higher at 3I2c
sold up to 32c and closed at the top. Lo-
cal receipts were 145 cars
Provisions
Provisions We're strong on active sup
port from packers rumor was in cir
cnlation that the price OF hog products
was &c be advanced as a result OF the
government report concerning the beef
s spsnetn Light ta IT. receipts Of hogs added
May pork was up 1215 G15c at $12. 671k.
Lard was up 5@7hc at s7.02h. Ribs
We're 71sc higher at $6.S2Ik.
Estimated receipts for Monday: Wheat
80 cars; corn. 652 cars; oats, 292 cars;
hogs. 5000 head
Cash quotations were as follows: Flour
sttraights; 81 .so@5. 90; spring patents,
80 10l5. 60; straights, "a SOFAS 90; bakers
$26oq3 so. No. spring wheat, $11OD
l:15A; No. 3. 81 .07d1. Is; No. 2 red.
81: 1875 171s. No. corn, 461sc; No. 2
yellow, 464c: No 2 oats. sI&c; No. 2
white, 33c; No. 3 white, 312s G32%c No
2 rye, ISc: Good feeding barley, 3SG39c;
fair to choice mailing, 43@47c. No
Flaxseed. 81 261a; No. / northwestern
s1.ss. Mess pork. per Dbl. So. SIS @l2 So
lard. per 100 lbs. s6.s71k $3.50. Short ribs
sides Qoose), Sc. 7066. 82Ih. Short clear
sides (boxed, s6.75@6.S7h Whisky
basis Of high wines, 81 %. Clover. con-
tract grade, sl2. so. Receipts-Flour. "a
zoo brls; wheat, $4,000 bu; corn, $50. 800
bu; oats, 20s,S00 bu; rye. 1000 bu; barley
10000 bu- Shipments-Flour. IL 500 brls;
wheat, 90. 100 bu; corn, 1872 900 bu; oats
l66,200 bu; rye, 10.1O0 bu; barley. 1880
bu. On the produce exchange today the
butter market was weak. Creameries. %
Q3Oc; dairies. 2292Sc. Eggs-Weak; at
mark, cases included. zoe; firsts. zoe;
prime firsts. 211kc; extras, 23c. Cheese
Firm. l2ml31Lc