The Saint Paul globe., 1900-04-28
WHEAT Bulls GROW BOLD
DECIDED CHANGE IN SENTIMENT
ON THE FLOOR OF THE EX-
CHANGE NOTED
NEWS WAS ALL ENCOURAGING
Market Opened and Closed Higher
Corn Ruled Quiet, but Firm
Gain Was shOwn-Oats
Were Weak.
NEWS WAS ALL. ENCOURAGING

CHICAGO, April 27-There was a
change of sentiment to the buH view to-
day and the news was encouraging TO
that way of looking at wheat situa ton
Wheat closed 1sQ4sc higher, corn Ac to
ssc up, and oats unchanged to 1se lower.
Provisions closed 212c to 11gl212c I'M
proved. Trade in all the pits was rather
quiet with spots of activity in wheat and
corn. =s.st ,dut.z ?. frf4i i..z.s
The wheat market opened A@9sc. over
yesterday because Of higher cables from
liverpool and the Argentine shipment,
which showed a decrease of over 1,O0O,00O
bu last week. There. was shifting OF
sentiment apparent early and II grew as
the session progressed. The talent has
been bearish for months, and very much
disposed to hearken to Liverpool Also
they were saturated with the. oft-repeated
Of crope prospects, The talk was that
Liverpool has been wrong on cotton; that
1t did not seem to show q proper respect
for the American fluctuations. Instead it
acted very independently. Accordingly
the talk today was that the English mar
ket as" a maker of Chicago quotations
could go hang. The locals had other
things to think about. Accordingly con-
sideration was given the poor showing or
Indiana, Ohio and Michigan, and the
probability of 20 per cent of a crop IN
these states discussed; the report of the
Hessian fly in Illinois. was listened to~and
reports Of dry conditions. In Argentine
We're given consideration. The result was
a Hrmzif quiet market.
1here was considerable changing at el98c
difference between May and July The
shipping demand was slack and the ex-
port inquiry poor, New York having, but
s loads for export. Atlantic port clear
ances in wheat and flour were equal to
414.000 bu. Primary receipts were A7 900
bu. against 35Q O90 year ago. Minneap-
oils and Duluth reported 207 cars, COM
pared with 162 last week, and 296 a year
ago. Local receipts were % cars, two Of
contract grade. May opened at 653s065Bc,
sold between 655s6661sc, and closed 1a0hc
ar HaI2 n one lnd a
67Aq6713c, sold between .671s@67a4c, clos
ing 1zQ5sc up at 6712G67Psc
The corn market was quiet, but firm. A
good business was done, but 1t was with
out special feature. Liverpool was higher
on her small stocks, Argentine shipments
We're smaller, country offerings light and
there were some reports of delayed plant
ing, although the rains have generally
ceased. Receipts here were 292 cars. May
ranged from 3912G399sc to 401sc, and closed
k0Ae higher at 393sQ39Ae.s9 July ranged
from 4912a405sc to 4114941ssc, and closed
Hgsse higher at 407sc. The easing from
the top was on pFofit-taking. The cash
demand was moderate. The liquidation
or May was the feature in the oats mar
ket. There was a good tfemand for cash
and 10000 bu were taken for shipments.
At their bottom there was good buying
which had a steadyings effect and the
close was steady, May ranged from 2234c
to 231sc, and closed 1sQ14c lower at 232;
July from 2314Q233se to 239sc, closing un-
changed at 2918c. Receipts were 126 cars.
Provisions were quiet, the May demand
being for lard. Hogs We're easier, which
had depressing effect early, but a good
general demand developed later and the
wheat and corn strength was a help un-
der which the market steadied and closed
firm July pork sold between $12 771b and
$l2.921s. and closed 21ac higher at $12.S7l5
July lard between $7.2O0740, closing 106I
1252c improved at $.3712, and July ribs
between $7G7. .1215. with the close 21565c
higher at $7.1007121s.
Estimates tomorrow: Wheat "a: corn.
175;, oats, 1S0;- hogs, 16,G00
The leading futures ranged as follows:
open-IHigh-J Low Clos
Ing ! est est. ing.
Wheat