The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-03
CHICAGO GRAIN MARKET,
The Corn Market Was Active aud Strong
from Start to Finish.
HEAVY EXPORT DEMAND CAUSED A FluRR,
wheat Also FOOLED the Experts ana
stubborpiy Refused to Decline
Provisions Were strong.

Chicago, April 1.-The corn market was ac-
tive and strong today. Helped by the heavy
export demand aud light offerings the price
scared to the record for this season. May
closing &c over Saturday. The strength oil
corn turned the scale in favor of higher prices
In the wheat pit which otherwise was al
licted with statistics OF two sorts. May CLOS
ing &C to nc higher. Provisions closed % "a
7lso to 15c improved and May oats &c to 'ic
UP.
The market for corn began the session WIN
a squirt OF activity and strength which was
net reduced throughout tho day, The re-
ducf.on in the lower Liverpool stocks was
about the only item in the statistical array
which excited consideration. Otherwise tins
buying was prompted by the heavy export
demand and the light country acoeptances
Shipping Gales for the day were put at 15o,oOp
all but 100000 bushels Of which was sold io'
direct export The visible supply increased
Az 900 bushels This makes only 2i.552,OpC
bushels, in comparison with 327SI,ooo ousa '
els year ago. Primary receipts were sze'Vu'
bushels, against fse,oo0 bushels year ago
Receipts here were S62 cars Atlantic porl
clearapces 100000 bushels. Shorts covered
freely throughout the day
Wheat should have declined according to tn'
views OF the experts on cnanke' Dut. ~ ulu
not The demands for export keep modestly
in tho background and both the visible and
the amount on passage increased. Liverpool
was merely steady and domestic reports were
favorable TO the well being Of the crop. or
the ether hand, the bulls banked on the re-
ports Of cold weather in various parts OF
Europe, the reduction IN shipments from Rus
STA last week the stock Of injuries TO wheat
in stack in Argentine by rains and the OF
fetal India crop report, showing low per
centages for the different important grain
provinces. The strength Of corn naturally
reinforced the bull position and so the mar
<et went up. There was good commisslou
house demand, the reason for which was
something of mystery and shorts were made
uncomfortable by tho course of the market
The soaboard was relatively strong-the
Northwest relatively weak. New York re-
ported the days export business at ten boat
loads. Clearances IN wheat and flour wert
equal to $4,000 bushels. Primary receipts
i53. 600 bushels, compared with 900 bushels
last year. Minneapolis and Duluth reported
$50 cars against 7S1 cars last week Locn
61m67lk, and advanced early to 673Ac. From
that point tho bears forced the price down to
6isc Tho India crop report came in towards
the end Of the session and was influential In
tho reaction which had already begun aud
May rallied TO e7&G67la The bulge met profit
taking aud May reacted 10 6Ti&c, closing 70
TO nc higher. AZ 6TbT61h
The provision market was strong and &C
tive in spite Of liberal profit taking. The
strength OF corn, buying Of hogs as well as
product by an influential packer and buying
by sold-old bulls were influences 10 which
tho strength was attributed One firm took
| In 5000 t.erces OF lard at practically one
price, Cash demand good May pork CLOSED
lac over Saturday; May lard Zoe improved
and MAY ribs 80 to 7J5c up
Oats were firm, helped unquestionably h,
corn Country offerings were small although
the supply In the West is believed 10 be large
Spring work is impending, but the country
roads are reported IN bad condition. Re-
cepts were 224 cars.
Estimated receipts tomorrow: Wheat 7:
cars corn 500 cars, oats S15 cars, and hog;
26. 00J head
Ihe leading futures ranged as follows: