The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-04-09
MARKET SUMMARY.

CHICAGO, April S.-AI the grain and pro-
vision markets were firm today, closing as
q rule at substantial advances. The strength
was largely the result of a natural reaction
from yesterdays slump, although the sta
tistical news was generally favorable May
wheat closed 1Ac higher; corn, &c higher
and oats Nose higher. Provisions advanced
211@5c.
Yesterdays decline in wheat appeared to
have brought out all that was for sale below
66c, and buyers had to pay something over the
figures mentioned, both for May and July
deliveries, during the greater part Of the
days session. Whatever reason may be Civ
en- as the cause which induced shorts to
cover wheat previously sold, purchases of
that sort constituted nine-tenths of the buy
ing done in the forenoon. The trading was
neither active, nor of large volume. May
opened from 661sc to 66Ac, compared with yes
terday's closing price of 659sc improved to
S673c and declined from that to 65Ac 1t
began to improve after touching the latter
hgure and rose once more to 661hc During
the remainder Of the forenoon It rose and fell
within the extremes Of 6e1ac and eec being
more inclined toward the upper than the
lower edge Of that range during the time
mentioned. Rumors of some country MILLING
uemano Tor spring wheat was given ar ono
reason ror the generally improved tone which
Talleo wheat, after its first drop from around
bo1Sc for May to 65%c. LIVERPOOL while
IoWer at the opening, was not as weak as
Chlcaeo had been the day before and had al
ready recovered 75d Of its Id decline ha-
fore trading started here. Chicago rece,nts
were 10 cars; Minneapolis and Duluth 70
celVeo z64 cars, against 587 week ago ard
KS Che corresponding day of the year before
Atfdhuc port clearances of wheat and Aour
equA 70 zSoOoO blu. New York reported
oone BUSINESS done for export-1O0 600 bu II
NJ sou u' ioi prompt, and 100000 blu more TO
nhiay-June shipment. The renorted 80
business moderate as il is IT, ~ eAporI
NJ L5lrly nrm May, about half an bonr fron,
SOLD ~ ce. SOFA at &c and July at 66slc IuIv
fbe sano oO74 t; Garner In the day, with Nav at
A. ii.e uIne bringing only 661hc DuTing
Che laSt few minutes enongb reoo,, Dui IiIs
tueIred 10 bring May down to 1885, and III,
Corn SUz3% y which were the closing prices.
Ooin was also somewhat stronger InRnonno,
pas~laIly by the better tone in baat t
cIIeIy py the heavy rains in the corr boit
, "lnlGn mas raised the presumption of Tebt
morris ar nloIts were good buyers EN-
PpICs amounted to TO 600 bu Nav orond
oDout 7sc higher at 233s0231bc edvanced - ~
oo7Sc Sho closed firm at 231@G236tc Sborto
~oseIeu IN the oat market and were MANI,
the most irn aor tne firm feeling which was
oSnpdChy with wheat and continued rnfoIo.
a9Ie wet T weather We're also factors in the
tha, ance. me aggregate business was larger
onan usual Exports were Al 900 bm IA M ger
1 ~ 4es nc higher, at 163s@16lbc advanceS
t To Iobc and closed at 1889 Provisions al
ana ia, seaaftlng out weak, soon firmed up.
Was was some further liquidation by commission sic =
houses nous early but under an improved demand
poa1 from packers and English houses. nricas
was about DC higher at IS. 1OGS. 121b: Nav ard
a Shaoe higher at $4.071504 10. and May ribs
C cari nig aor at i a.4712. Estimates Wheat.
cars corn, $50; oats, 1856; hogs Il OO0 baai
The leading futures ranged as foIiow ne'u'