The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-03-21
PROVISIONS STRONG,
WHEAT EASIER
Lighter Run of Hogs Is Caus-
ing Shorts In Provisions
Anxiety

CHICAGO. March 2O.-Loberal primary
receipts caused realizing sales in May
wheat here today. AS a result the May
option at the close was off Sc. July Is
Gown Il Csc. Corn showed gain OF sc,
oats are unchanged and provisions are up
Weakness in the wheat market devel-
influence OF bullish weekly statistics the
market in general opened quite firm, July
being up B@Ac at s2s d93c. May was
UNCHANGED Dg to sc lower at 81 d5 to 81
worlds shipments for the week, COM
pared with those of the corresponding
week year ago, prices in foreign grain
markets showed gains. The decrease in
world movement was the main reason
Tor the initial firmness here. Commits
sion houses We're fairly active buyers
OF the future deliveries. The May option,
however, was under considerable selling
pressure, number of prominent longs
Demg reported active on the selling side
OF the market. One reason given for the
desire TO unload May was an increase in
receipts In the northwest, arrivals at
Minneapolis and Duluth being larger than
or a year ago. Later the selling became
more general when figures showing the
total primary receipts were posted on
the bulletin boards. The total movement
to1ay In the United States was nearly
100000 bu IN excess of what il was a
year ago. The showing on primary re-
celpts was a hard blow to the theory Of
depleted reserves and was largely respon-
sible for the weak undertone of the mar
ket- After selling at 93kc shortly after
the opening the July delivery followed
point Tor May was reached at 81 .14B
July sold off to 92hc. During the half of
the session the market derived some sup
port from strength of cash grain, but
demand was not urgent. The market
closed rather weak, with MAY at 81 .14%
July closed at 922s G921zc.
Clearanees OF wheat and flour were
equal 10 25.50O bu. The amount on pas
sage increased ss4, 600 bu. while the Wis
ibie supply decreased 1.l51 900 bu PTi-
mary receipts were 100 blu. compared
Duluth and Chicago reported receipts of
5OI cars, against SOS cars last week and
so cars year ago.
Corn
The corn market was firm from start to
n iila: At the opening the market was
Influenced py smaller receipts than eStt-
mated. arrivals today being nearly 100
cars less than expected. Late in the day
a report OF % boatloads taken for export
gave additional support. feature of
trading was the reported purchase of
Z,VOO,OVO blu by prominent commission
mouse. May opened h@Ac to %@kc
higher at 49Ac to 1870, sold between 4S%
q4Se ana 4912c and closed at 1915 649H c.
Local receipts were S54 cars, with OF
contract grade.
sentiment in the oats pit was inclined
10 DearlshnesS owing to liberal receipts
a desire TO take advantage of the low
freight rate was the cause of the larger
m51oo,yement May opened unchanged at
5lSt c, sold between 31Ssc and Blk 631Kc
ana closed at 31Ac. Local receipts were
$40 cars.
Provisions
Provisions were firm on smaller receipts
OF i've hogs. Shorts were good BUYERS
offerings were comparatively light At
the close May pork was up 1O612hc
higher at $12. 97h ala. 90. Lard and ribs
were " re-, ea a1 6 up 2A@5c at H-1597.17h and
Estimated receipts for tomorrow:
wheat % cars; corn, 533 cars; oats,
295 cars; hogs, $4,000 head
Cash quotations were as follows: Flour
easy No. 2 spring wheat s1.1O@I 1917 !;
No: 3: O2q1.12; No. red, $1.15h a
4S1kc. No: 2 oats 3l1k G31%c; No. 2
white, S3@S34c: No white. Sih GsSihc.
NO. ? rye. 7S@7S1kc- Good feeding bar
ley, 3Sq4Oc; fair to choice mailing, 436
4lc. No. j fiaxseed. 1926; No. l north
western, 81. SS1zc. Mess pork. per brl.
l2:9Oq12. 80. Lard, per 100 lbs. 81. 056
1-0d Il Short ribs sides (loose). Sc. sly a
1-9 w snort clear sides (boxed), 81. o09
cGIZ1z. whisky, basis of highwines, 1923
Clover contract grade. s13 IS. Receipts
Flour. 29.2O0 brls: wheat. Sc 1000 blu: corn.
o99,SOO bu; oats, 374. 100 bu: rye. 4 600 bu !:
Dariey, $500 bu. Shipments-Flour q. :
QUO brls; wheat. $4,000 Blu; corn. 351. 200
6ui oats, 122; 400 bu; rye. 1900 bu barley,
So,zOo pu; On the produce exchange to-
cries cries 2oG26c; diaries. 1s@23c. Eggs
nrm; at mark. cases included. l5iSc:
hrsts, 151zc; prime frsts. Ice; extras. i7c'
cheese firm, 12G13ikc.