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Show ewIIgIps rally wheat prices Peace Gossip Starts Market on Decline at Opening of Session. CHICAGO, March 2. Export buying helped tu rally the wheat market after declines fl no 10 peace co.ssip. Quotations closed unsettled, ranging from ;,c net lower to Ijc advance, with May at lo $l.!i'i and July at l.fi'i to 1.''-Corn 1.''-Corn lost 14c to 14c, oats finished a. shade olT to up, and provisions unchanged to 10c down. II was not unlll the last hour of the session thai the wheat market shook off 10 iinv great extent the bearish effects of rumors about peace. Notwithstanding that at the verv outset continued dry weather in the domestic winter crop belt caused some show of strength, the market mar-ket soon began to break under selling sell-ing which was due largely to reports that (itriranv bad offered favorable terms to Russia and thai the German chancellor's speech tomorrow would contain new peace suggestions. Another bearish element ele-ment was the fact lhat the amount of wheat on ocean passage exceeded the corresponding total of a year airo. Sentiment Senti-ment changed materially, however, when the seaboard announced that Rno.000 bushels had been disposed of for export Word was received also that seaboard Interests had made Omaha purchases at the hiehest basis on the crop. Rallies which ensued In the wheat market mar-ket after midday were given further impetus im-petus by predictions of a heavy loss of acreage in Kansas and Nebraska, as compared com-pared with the amount of territory seeded seed-ed last fall. In this connection, much significance was altached to reports from the' largest producing counties in northern north-ern Kansas and southern Nebraska telling tell-ing of a verv unfavorable outlook. Realizing sales bv holders weakened corn, and so likewise did absence of any clearances from the seaboard. Declines, though, were checked by the prohibition of Argentina exports of corn. Oats were steadied as a result of demand from houses with northwestern connections. It was explained that bran was selling at J.IS per ton. a price per pound equal to the cost of oats. Aclive buying of lard carried the entire provision list upward. Profit taking, however, led afterward to a reaction. RANGE OF THE LEADING FUTURES. Open. High. Low. Close. Wheat , ,,, Mav . ..1.4 1.!5H SI .KM l.!44 July . .. 1.67V4 1-67T4 1-61 1.66V4 M?vr?T. 1.17 1.171 l.lfili 1-1'H Julv . .. 1.16ft 1.16V1 1.15 1.16 Oats Mav . .. .611,1 .Wi .fit 14 Julv . .. .58 .58 .57 .6814 Pork Mav P.4.S2 S4.50 rU.T.0 Julv . ..33.60 33.77 33.55 33.67 J Lard Mnv in 87 10. 13.87 10.87 Julv . ..13.87 ao.fli) 19.87 19.95 Ribs Mav 1S.20 18.12 18.15 , July . ..18.30 IS.; 18.30 IS. 30 j ' CASH QUOTATIONS. Wheat Nos. 2 and 3 red and Nos. 2 I find 3 bard nominal. , Corn No. 2 yellow. Jl.20iS'l.21 ; No. 3 ' yellow. JLlS't 1.20; No. 4 yellow. $1.1714 til 1.18. Oats No. 3 white, 636I?ic; standard, 63VjfMit:!4c. Rye No. 2, nominal. Barley. $1.10tf 1.35. Timothy. 3.75fri 5.75. . Clover, S12.0uft 1S.00. I'ork, S3f,.t0. l-ard, 519.90. Ribs, 517.85tiii 15.25. |