The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-04-17
CORN WAS ALSO ssFIRMER

CHICAGO, April 16-The wheat mar
ket was quiet but firm today, influenced
by foreign damage reports, the corn
strength and better bids, May closing nc
over Saturday May corn closed &c up,
and May oats Ssc depressed. At the close
provisions were from &c higher in lard
to 10c lower in pork
Wheat was rather quiet all the session,
as the foreign markets were still closed,
In celebration of Easter Foreign bids
were reported improved, and New York
had % loads taken for export. The cash
. business was moderate, a demand from
millers absorbing about $4,000 blu. At the
outset the market was easy, because
needed rains had fallen in the West and
Southwest, but the corn strength caused
q reaction of sentiment among traders,
and first figures proved to be the lowest
of the day. The rally was further aided
by a report that Chill would have to i'm
port wheat, owing to heavy damages to
the domestic crop, and another from
Kieff, Southwestern Russia reporting Sc
rious damages there A further consid-
Grafton pointed out was the probability
of decreased acreage in the Northwest
where farmers are supposed to favor
planting to raise high-priced flax seed.
The visible decreased slightly, and the
other statistics were about as prepared
for Saturday Primary receipts were $780,
900 bu, compared with 2S6.000 blu last year.
Atlantic port clearanceS in wheat and
flour were equal to 250,00O bu. Minneap-
Oils and Duluth received 406 cars, against
COS last year, and S06 a year ago. Local
receipts were 45 cars, one of contract
grade. May opened 1s0Ac under Sat
urday at 661z@66$sc. advanced to 662z6
667sc, declined to 6614 @663sc, and then raj
lied, closing firm, hc higher at 66s4c
In corn the dealings were largely local
The market was firm the greater part
of the time, but not very animated The
rain, which was regarded as favorable
to the wheat crop, was viewed from the
corn pit as thing which X5uld delay
planting, as well as hindering the move
ment. The increase in the visible of
10000 bu caused a dip, following it's an
nouncement, but, as the offerings thus
made were readily absorbed, the market
reacted and closed firm. The cash de-
-Inand was generally slow, although one
firm claimed to have sold is loads for ex-
port Receipts here were 412 cars. New
York reported 80 loads taken for export
May sold from 391zc to $3.50, and closed
CSC. improved at 1880.
:, The provision market opened lover UNI
der the influence Of depressed prices at
the yards, but reacted. Pork did not re-
gain all its loss. but lard and ribs sue
ceeded in doing so. There was a good
investment demand which, to all appear
ances, caused the recovery May pork
ranged from 1920 to S12. IS. and closed
under yesterday at $12.771b; May lard
from 7-2219 to 3d. closing &c higher at
T:323, and May ribs from 81. Is to 81 .221b.
with the close unchanged at s.. 221b
The oats market was dull and weak
all day. There was plenty for sale and a
poor demand. May sold from 241kc to 931h
G123ssc, and closed at 235Sc. Local re-
ceiptS were PIP cars
Estimated receipts tomorrow: Wheat
IS cars; corn, 625 cars: oats 2e0 care.
hogs. 10000 head. Ia > >
The leading futures ranged as follows: