The Saint Paul globe., 1900-04-11
WHEAT SLON But Strong
ACTIVE OPTION CLOSED AT A FAIR
ADVANCE OVER THE PRE-
VIOUS DAYS FIGURES
CORN AND OATS FOLLOWED
Bach Showed an Advance Which,
Though Not Large, Was Evil
dence of Confidence of the
Bull Element.
CORN AND OATS FOLLOWED

CHICAGO. April 1O.-Uncertainty over
the government crop report, due this after,
noon, and the prudence of a large short
interest fearing 1t would be bullish. pro-
duced a dull but firm wheat market to.
day. May closed 14@3sc over yesterday
May corn 4e4g9sc and May oats 1sc over
Yesterday. Provisions were strong and
active, closing from 2l2c to 5c higher for
May=libs tos25e improved for May pork
Wheat bFgan the session firm, May &c
over yesterday at 6I1sc Paris was high
er. and the Michigan condition was put
at 81 per cent. Ordinarily, such items
would have received but little notice but
as there was no carly news of another
sort traders took what they could get
ana acted on 1t, The market touched
b0isc following the opening, but reacted
iater. helped by Bradstreet's decrease in
the worlds visible and the strength of
corn, May ascending to 675sc. The close
was firm. May AQ3sc up. at 6714c.
Inc market was narrow and mostly To-
cal in character Uncertainty over the
government report had the effect OF
blocking any big moves either way. AS
the session progressed the belief that the
report might put the condition under pre-
NlouS expectations grew and undoubtedly
had some effect IN boosting the price.
Receipts here were II cars, none Of con-
tract grade. Minneapolis and Duluth r.
ported 3SS cars against 529 last week and
lS0 last year. Primary receipts were sos
bu, compared with COO year age. At
lanuc port clearances in wheat and flour
We're equal to $4,000 bu.
Corn was strong, but rather dull The
PROVISIONS strength WAS a help, and re-
nsWed buying by prominent long, who
had recently confined himself to taking
heavy profits, contributed. much to the
adVaAcei which regafned what the mar
ket lost yesterday The news was rather
bearish. but@tt was ignored generally.
1t was not a big market, despite its
strength. Local receipts were 566 cars.
May sold from S914 Gt59Sac to 401sc, closing
1sdAsc over yesterday, at 3Y7sGD40c Many
Of yesterdays sellers were buyers today
The low rates west expired today, and
reduction in receipts is expected in con-
sequence. Some sources reported country
acceptanceS freer-others said they were
still light.
Provisions were active and strong, al
though hogs were easier Liverpool was
higher for bacon, lard and ham, which
was q consideration, hut the market owed
its strength to the heavy cash demand
against which packers were liberal buy
ers of futures. July product made a rec
ord for high prices pork for delivery dur
ing that month touching $l315, lard S7.10
and ribs $40 May pork ranged from
Sl2.S2is to Sl3G5 and closed Csc over yes
terday, at $B06; May lard. from $500
6.S2t2 to ST, closing 17l4W2Gc up, at 81, and
May ribs, from S7.05 to $1712 with the
close 212Gi5c better at $715
The oats market followed corn with
quiet fidelity. May ranged from 243sfD
244,c and closed firm, &c up, at 245sc. Re
ceipts here We're pa cars.
Estimated receipts tomorrow: Wheat
40 cars: corn, 300 cars; cats, 135 cars; hogs
2S 0G00 head.
The leading futures ranged as follows: