The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-04-18
CORN HAD CONSIDERABLE INFLU.
ENCE UPON TREND OF WHEAT
PRICES
LOSS IN CORN WAS A CENT
Oats Also Showed Falling OFF
Ranging From Three-E1ghths
to Observation-Disclosures
Were Irregular.

CHICAGO, April 1.-THE wheat market
was dull and heavy, influenced by the
corn break, increased liquidation, the
rains and slack demand, closing 5sc
under yesterday The corn market drop
ped lie from it's price at the. close -yester-
DAY, and oats lost asq12c. Provisions
closed Irregular, pork 171a1D221 SO up; lard,
21ac higher, and ribs unchanged to 21hc
down.
Wheat began the, day dull and easy.
There was no announcement in cables,
the rains continued to be regarded as IA
vorable to the crop, and cash people re-
ported nothing doing. The long stuff
soon began to come out more literally,
part of it because it had to be sold and
some in sympathy with the slump in
corn. AT times the pit was we'll nigh
deserted, and as gloomy as the weather
to a pedestrian without an umbrella.
The liquidation was not in large lots,
but the small lots came in plentifully,
meeting anything but an urgent demand
The excellent report of the condition of
the crop in Kansas was probably a con-.
Sideration with Some,> for while there
were differences of opinion as to the size
of the crop, reasoning from the official
figures as to percentage and acreage it
was generally admitted that it would be
liberal.
Bradstreet's figures showing a decrease
in the worlds visible of 2,S73, 600 bu caused
momentary check in the decline, but
only momentary one. New York re-
ported 2S loads taken for export. Atlantic
port clearances in wheat and -four were
u.
were $4,000 blu, compared with 277GOO bu
last year. Minneapolis and Duluth re-
ceiyed III cars, against 1889 last DWeek,
and ia "a year ago., Loealgreceipts were
81 cars, one of contract grade.
May opened a shade lower at 665sQ6534c C,
and sold down to 661sc, closing at that
figure, 9sc under yesterday. July opened
a shade down at Csc to 677sc, sold down
G71bc
The corn market was dull and weak
The demand in every way was slack,
and the fear developed yesterday that the
rains would retard seeding and moving
present stores was apparently forgotten.
During the first hour the feeling was
heavy, but there was almost nothing do
ing. AT the end Of that time the long
stuff began to come into the pit, and as
the liquidation was continued the re-
mainder of the session, though in rather
small lots, the prices suffered. Liver
pool was strong, but this was reflected in
the local market at the opening by a
gain of only shade. Receipts here were
COS cars. May ranged from 39$4c to S83sc,
and closed weak, 1c under yesterday at
3S9sc July sold from 405sc to 39Ac, and
closed 1c down at 39ss@3915c.
feature of which was pork. Hogs were
higher and receipts only 1900 head.
There was a good general demand, and
shorts saw INT to cover. Lard and ribs
relinquished some of their early gains,
but closed steady, while pork, although
there was dip from the early bulge, re-
covered and closed strong. May pork
ranged from SIP. 012.S5 to $13.05 and
closed 221Sc over yesterday at $13; July,
from $13021k to $13.2215, closing 1719c up at
$l3.15. May lard sold from SIPS to $40,
from $7.S21a to 81. 471zGg7.5o, closing PFC bet
ter at $.3712. May ribs sold from 1920 to
$3.50, and closed unchanged at $7221a;
jury, $7.1714@7.20 to $7S5, with the close
212c lower at $7.20@72 21a.
There was a continuance of that May
liquidation in oats which has been under
way for several days, and helped by the
weakness around 1T the market closed
weak. The cash demand was slow. May
sold from 235s@2324c to 29Ac, and closed
sc lower at 2314c; July, from 235sc to 23e,
closing 1Sc down at 231sc. Receipts here
were go cars.
Estimated receipts tomorrow: Wheat,
SIS cars; corn, 30 ears; oats, las cars; hogs,
Is 900 head.