St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-10
EASED Off A BIT.
Fair Weather and Poor De-
mand Abroad Weakened
Prices for Grain.
THEY HAD WHEAT FOR SALE
Eut a Good Home Demand Pre-
vented a Slump--Provis-
ions Went Upward.
STOCKS WERE EVEN DULLER
Than On Former Days, but
Most Of the Shares Traded
In Show Advance.
STOCKS WERE EVEN DULLER

CHICAGO, April 9.-Fair weather
and easy cables resulted in an easy
wheat market today, May closing 1sc
lower, liberal clearances and good
cash demand preventing a further
decline Corn closed 5sc lower for
May, and May oats lost &c. Pro-
visions went the other way, scoring
good advances.
Wheat opened weak Sunshine
after rain did it principally. The ca
bles reflected yesterdays easier feel
ing here The crowd had wheat for
sale at 547sc for May at the opening,
as against bids of 55c at the close of
yesterdays session, and it worked
down in the course Of an hour to
545s@54Ac. 1t showed no signs of
recovering until the clearances from
New York were found to amount to
the equivalent of $4,000 blu in wheat
and -four together. A recovery to
547sc took place after the New York
clearances became known. A good
demand was reported as still exist
ing here for red winter wheat for
shipment.
Bradstreets visible statement re-
ported a decrease in wheat stocks
on both sides of the Rockies in this
country of 2,194,000 blu, and an in
crease in afioat for Europe of 3S4, 600
bu, making a net decrease of 1,S10,-
600 bu in the worlds stocks. No
change in the price here occurred i'm
n1;
The Minneapolis and Duluth receipts
today were 295 cars, against 373 a
year ago, and the Atlantic port
clearances of wheat and flour ag-
gregated $4,000 bu. The continental
demand for wheat, to judge from
the destination of the weeks ship
mentS from ell countries, is very
much in excess of the England pur-
chases. OF the quantity shipped
from the Baltic and sundry other
ports last week the United Kingdom
took 100000 bu, and the continental
countries 100000 blu, and the re-
spective proportions of the shipments
of the week previous were to the
United Kingdom 1000 blu, and to
the continent !, $4,000 bu. The price
touched 55c about midday, and after
a1ard remained firm at around 54Bc,
which was bid at the close.
Corn opened weak, and heavy feel
ing prevailed throughout the session.
The receipts were light at this point
and elsewhere, as compared with the
movement of last year. but the de-
mand was proportionateiy light. The
number of carloads inspected here was
l43 May opened at 46Mc, sellers, and
with lew buyers at that. 1t soon be-
came very weak under selling by two
or three prominent operators, and in
the course OF an hour or so it had de-
clined to 453sI4524c. Some recovery
then commenced, and during the last
half-hour 45bc was the ruling price.
1t closed at i5$
Oats were fairly active. The market
ruled easier under free selling by
longs. Kenrett-Hoplsins bought a good
many oats curing the session. Other
trading was scattered. May started at
&c, sold al 29hc, declined to 2S7sc, sold
again at 29c, and closed at 2Sb629c
July ranged from 27ss@271zc, closing at
219s@$lc. Today's receipts amounted
to 2i7 cars, of which Up graded con-
tract
Provisions opened at about the clos
ing price of the day before, but soon
developed an amount of strength that
made the shorts climb. From $11 80 at
the opening for May pork it rose in
the course of an hour to $12 80 and
closed at $122712, a recovery of 30 cents
since yesterday. May lard started at
S6,S71@ and advanced to s7.O21A. and the
latter was the highest for the day and
the closing quotation. Ribs for May
opened at $6.22112, rose to $63715. and
closed at $3.50. Hogs-Receipts were
only 1900 today, and 1900 are the esti-
mated receipts for tomorrow. the light
receipts and liberal buying by Armour
giving the market its sharp upturn
Estimated for ENTHUSIASTICALLY Z
cars: corn, 43; oats, 100; hogs, 10 900.
Clearings, $14, 100000. New York ex-
change, Tee premium. Sterling posted
rates, $780, and $4S9. Money. 3 per
cent on call, 6 on time.
The leading futures ranged as fol-
lows: