St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-04-30
MARKETS NOT MOVING
Changes at Chicago Small in
Amount, but Tending
Upward.
A New York Corner on April
Corn Gives That Option
a Boost.
News Was Bullish and Bear
ish by Turns, and Trad
ers Hesitated.
Engagement Of Gold for Ex-
port the Event Of the Day
at New York.

CHICAGO, April 2s-There was no decided
movement in either direction ia the prices
of articles dealt in on the board of trade to-
day, and the close shows but little change In
values. In most cases, however, prices are
slightly higher ana April corn shows an ad-
vance Of ssc, while the deferred futures are
up only isgAc. This disparity III April is
III sympathy with the advance in that option
In New ork, where there seems TO be an
April corner, the price having advanced
there l2c from sic TO CSC This movement
seems to have grown out of the poor grading
Of the receipts which has made the stocks
Of contract corn very light.
There was considerable bull news TO-DAY,
and the bears also had some encouragement
and between the two il WAS a rather hest
tating market Liverpool cables were n
shade weaker and while it was still cold in
the Northwest The rain has ceased, the skies
are clear and farm work is being pushed Wig
orOusly.
Killing black frosts. however, were re-
ported from Wichita Dodge City and other
points in Kansas, where wheat has progressed
10 The point Of showing the first joint and IL
is therefore very liable 10 serious damage
| from such low temperatures
Schwartz Dupee had the report Of the
| Union Pacific railroad on the corn crop ont
| look in Kansas, saying that wheat vas look
| ing better than at this time last year; that the
area had been increased ltU,uUO acres ana
| that Q duplicate Of last years crop was prom
| ised. On the other hand was the enormous
! export engagements reported yesterday, az
| gregating over l.0JO,G0j bu-the largest, II IS
said, ever reported for one day-the liberal
| engagements for cash wheat here yesterday
! and the large actual exports from the seu-
! board reported this morning and the general
| backwarduess OF The season. Trade was
! rather slack, and the first sales were az
| rather better prices, but soon eased Off with
| cutler q free seller; but firm tone followed
| the report Of the liberal ciearances, and the
| decline was recovered with something more.
! There was still some pressure 10 sell May
! early. but it gradually subsidized; at one time
| July was nearly 14c premium, out later only
| about S8c premium. May opened lsc higher
nj S,l2c, weakened TO Si4c, rallied TO sJ94c,
weakened 10 s0Ssc, rallied 70 and closed
steady at SC4sc.
Corn opened lsc lower for May at 40lsc
with plenty for sale. and The shorts inclined
to offer freely, wi h the result that 1t soon
touched IUc
Henry Barker ana Schwartz Dupee proved
good buyers at the decline, and the sellers
becoming very cautious, fearing that the May
holdings bad not all been disposed Of, there
was steady advance to 4G6sc: then it weak
ened to 4tSsc, rallied TO 4oS4c aud closed at
40asc.
Oats were quiet and steady, closing point
higher
Hog products opened lower, especially for
pork, chiefly OH the fact that3 900 hogs were
reported where only 1900 had been ex-
pected. and that prices at the yards were Sc
lower. Thereafter there were frequent fluc-
tnatons within narrow range anu the close
was firm, generally at slight advances over
yesterday 5 last figures.
Estimated receipts for tomorrow: Wheat,
n cars; corn, 215 cars; oats 26J cars; hogs,
1900 head
The leading futures ranged ms follows: