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Show BEARS li COIVTROL OF WHEAT MARKET Speculators Pessimistic Regarding Re-garding Revival of Export Ex-port Business. CHICAGO, Feb. 16. Renewal of pessimism pessi-mism regarding the outlook for any immediate im-mediate revival of export business had a ; bearish influence on wheat today. The : market closed weak, c to lVc net lower, low-er, with Mav at $1.73 to $1.73, and July at 51.48 to 51.48H- Corn lost c to c and oats c to c. Provisions finished at a range varying from 5c de-llne de-llne to a rise of 2c. Heaviness and lack of support characterized char-acterized the wheat market throughout the session, except for a brief period from Kansas, Nebraska and Missouri were chiefly responsible for the transient strength, but there was gossip current, also, that sailings from New York to foreign for-eign ports had become almost as numerous nu-merous as before Germany had declared for unrestricted submarine attacks. Downward swings of prices immediately returned, however, when the fact became be-came apparent that no fresh buying for Europe was anywhere in sight. Special attention on the part of wheat traders was given to news regarding efforts ef-forts to improve railway freight traffic conditions, but the chief interest of bulls ! was in the question as to the effect that such attempts might have toward enlarging en-larging purchases for Europe. In this respect, re-spect, a majority of dealers appeared unable un-able to see cause for encouragement at present. Plans for the removal of some of the stock at Minneapolis to eastern ! states were more or less offset by word i that receipts at Minneapolis included lib- j eral amounts of wheat from Canada, , Evidence of seaboard demand for corn '. strengthened that cereal at one time, but in the main the tendency of prices was I down grade with wheat. Europeans were said to have bought two cargoes. The oats market was governed by the course of other cereals. Selling was not heavy, i Packers' buying rallied provisions. Weakness earlier had been largely due to a decline In the hog market and to the fact that shipments of provisions from here were small. RANGE OF THE LEADING FUTURE Ss 1 Open. High. Low. Close. Wheat-May Wheat-May ....$1.74 $1.76 $1.72 $1.73 July 1.4S 1.60 1.47 1.4S Corn Mav .... 1.01 1.02 1.00 i.oi July 1.00 1.00 .99 iC9 Oats-May Oats-May 57 .57 .56 .56 July .... .65 .55 54 .54 Pork-May Pork-May 29.95 29.70 29.95 July 29.25 29.30 29.05 29.30 Lard May 16.67 16.70 16.62 16.70 July 16.85 16.72 16.82 Ribs :May ....15.70 15.75 15.65 15.75 jjuly 15.77 15.85 15.77 15.85 CASH QUOTATIONS. j Wheat, No. 2 red, nominal; No. 3 red, $1.751.76: No. 2 hard, $1.80; No. 3 hard, nominal. I Corn, No. 2 vellow, nominal; No. 4 yellow, yel-low, 99c $1.00 ; No. 4 white, 99 $1.00. 1 Oats, No. 3 White, 6S59c; standard, : 5S59C. i Rve, No. 2, SI. 47. ! Barley, $1.00(511.30. Timothy, 53.50(5.50. Clover, $12.00(5)18.00. Pork, $29.95. Lard, $16.50. Ribs, $15.0015.7o. |