The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-04-22
PROVISION PIT RULGE.
Prices -four Pork, Lard and Ribs Bid
Up at Chicago.

UD at Chicago.
CHICAGO, April 21.-Provisions, not grain,
led the way today on change. The excel
lent cash demand for hog products and the
expected call to supply the army and navy
influenced SPECTATORS to load up with pork,
lard and short ribs. Outside buying orders
were more numerous than at any time since
1893. At the end July pork showed an ad-
vance of 67lkc per Dbl. Lard and ribs gained
271ac and SOC each. Wheat was very erratic,
but recovered an early break of INC, and
closed with net gain for the day Of 10
111c the latter in September. Corn and
oats sympathized with the other markets,
closing 1a@ssc higher than yesterday.
With big cash demand in sight, and the
certainty OF war, the provision market start
ed strong. Hogs were Ice higher at the
yards. July pork opened soc higher at
$1,000, but the advance was met with free
miscellaneous selling, and prices sharply de-
clined. At inside figures, however, the urg
ent demand prevailed, and, as offerings were
moderate. there was considerable COMPETE
ton for them, resulting in runaway mar
ket," and sharp advance in prices for all
descriptions, which was we'll supported to the
close. Shorts bought freely. Packers were
inclined to sell at the advance.
The receipts of products from the interior
were quite large, indicating that packers are
delivering freely on contracts-of lard and
meats about GA cars. Shipments were only
moderated lard and meats about 103 cars.
Foreign advices exhibited considerable
strength, and Liverpool quotations were ad-
vanced Is on backs and Cumberland sides,
and I'D on lard. July pork opened at $40. 80,
sold between $1O.67 and $11.27, closing at the
top.
Lard and ribs advanced proportionately
July lard sold between $5.42 and $685. clos
ing at $5.65 bid, net gain of 2714c. July
ribs sold between $40 and s5.67, closing
at $5.67 sellers, net gain of &c.
There was a revulsion of feeling at the
opening among wheat traders from the OK
IRENE bearishness that prevailed in the last
half hour of yesterdays session. 1t did not
last long after the opening, and was sue
ceeded by a fresh spasm of weakness Chi
cago received 113 cars, compared with II last
year. Minneapolis and Duluth reported 1876
crop outlook in the Northwest territory was
reported very reassuing, and, when later
cables reported the advances abroad lost, pro-
fessionals let go their holdings freely, and
the Northwest, with a rise of 2Ac at Duluth
and INC at Minneapolis for July, and the
uncertainty of trade as to the effect of war,
checked selling. The market gathered
strength, and 1890 had recovered the early
break. Closing cables from Liverpool show ed
an advance of Id in spot wheat Atlantic
clearances amounted to $50, GOO blu, wheat and
flour. July rose to 885sc, suddenly cola qsed
to S77sc, but was greedily picked up by those
who failed to get in on the first bulge,
May. sold between a1112 and SLIP, closing
at the top.
When wheat started up, corn shorts ran to
cover and bid the price up &c, closing it at
@s2Ac, sold between 32h@32Ac, and 500
$3.50, closing at the latter figure. Oats fol-
lowed the course of corn. July opened Ac
higher at 23Bc, declined to 231hc, rallied and
closed at 24Bc.
Estimated receipts for tomorrow Wheat
1877 cars; corn, 40 cars; eats,s 400 cars; hogs
q 600 head
The leading futures ranged as follows: