The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-04-25
ALL ON THE UPGRADE
CORN LED THE ADVANCE IN THE
CHICAGO MARKETS.
Wheat and Oats Firm and Higher
Cable News a Factor-Good Buy
ing Strengthened Provisions.

CHICAGO. April A-The grain and pro-
visions market was quiet but firm to-day.
wheat closing A@&c to Csc higher; corn,
&c to ss@1kc improved, and oats bGAc
better. Cables were a strengthening fac
tor Provisions closed from NC TO 10G121ac
over yesterday.
1t was a placid. uneventful. middle-of-
the-road sort of market in wheat. not seek
ing 10 take spells from anybody, but
rather seeking to persuade the mighty bulls
and the growing bears TO lie down to-
gether and be good. The business of the
day was in swapping May for July, con-
siderable of which trading was done at a
difference of 1tsc. The cash business was
not large. An incident of the day was the
heavy shipmentsAS70O 600 blu, making the
shipments from Chicago for two days.
100000 bu The sustaining influences of the
market were the steadiness of Liverpool in
the face of the decline here, the corn
strength and lack of new bearish news.
The weather was all that could be de-
sired by the farmers, mild temperatures
over the growing belt and showers where
needed. New York reported twenty-six
loads taken for export. Atlantic port
clearances, in wheat and flour, were equal
| to 17l,OOO blu. Primary receipts were 292, 600
bu, compared with 100000 last year. Min
neapolis and Duluth reported 364 cars,
| against 271 last week and los year ago.
Local receipts were sixty-five cars, nine of
contract grade. May sold from 64a49647sc
| early to 65Ac, and closed A9%c over yes
| terday at 65Ac; July. from 662sc to 66a&9
G63sc, and closed sc up at 66S4c.
Corn was Quiet and strong the most i'm
| portant market on the floor to-day. Cables
were strong and more rains caused appre-
| hension of delay in planting and moving
reserves. The best item of the day was the
| renewed export business which developed
| probably as a result of the recent decline
Considerable May was liquidated, but not
! on sufficient scale to depresS the market
| The cash business was about 100000 blu, of
| which nine loads were sold for direct ex-
| port. Receipts here We're 279 cars. May
ranged from Csc to 3Sl4Q3sasc, and closed
| sc up at 3SAc; July, from 39isc TO $500
/ $3.50 closing as@1kc improved at 391ac.
| The oats market was firm, helped by the
| corn strength, better demand for futures
and an improved demand for the cash ar
/ tice. Trade was rather dull Receipts here
| were l73 cars. May ranged from 2212c to
| 22Bc, and closed 1s@Ac up at 227sc; July.
from 227sc to 231sG2Sl4c, closing isqAc up at
| 23lsc.
| rather irregular; the opening was at prices
| over yesterdays closing figures, but a
small decline followed. because hogs were
| easier at the yards. The decline met good
buying and the market reacted, closing
| firm. May pork sold from So. 40 TO $l2.5l13,
| and closed 10c over yesterday at Sl2. So; July.
from sl252l1 to sl2.75. closing nc improved
| at 1910 May lard sold from s6.Sl2 to
s7.021z. and closed 10c better at s7.021a; July,
| from s6.971s to 71215 closing TIC up at
$40. May ribs ranged between $3.50 and
$685.. closing 7lkG1Oc over at $e.921k@6. 95;
| July, between $6.S5d6971Q7. 021z with the
close 10q121zc better at $70od7.02h
Estimated receipts Tomorrow: Wheat,
| so cars; corn. 259 cars; oats. so cars; hogs,
| 5000 head.