The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-25
NET ADVANCE REGISTERED YES
TERDAY IN MAY OPTION AT
CHICAGO WAS L 5-Sc
OTHER GRAINS WENT UP, TOO
Wheat Is Sic Improved and Oats
5-Sc, While Provisions, Though
Extremely Dull, Gained
1-2c to lie.

CHICAGO April 24.-May corn scored
another notwithstanding advance today,
closing 13sc higher. Wheat closed %c and
oats sc higher. Provisions at the close
were 2l2Ui52c improved. That May corn
is pretty well concentrated in the hands
of Phillips and his following Of bulls was
believed to have been demonstrated in
the course of the market Bids on an
ascending scale. which set a fresh high
record for the crop, brought out only
meager sales. And this was in the face
of the assertion by elevator interests that
country .acceptanceS last night were con-
Siderably larger than for some time.
On the other hand. however. the days
receipts. 50 cars with only ten of con-
tract grade, were the smallest in eighteen
months. Crop bulletins reported that no
corn had been planted north of the Ohio
river. ana for the first time. in some
DAYS there was a cash inquiry. It is
place for shipment. however, as Phillips
bid J012c in the open market for No. and
got none May opened unchanged to PC
higher at 461zc to 47c. and rose in few
minutes to 4Sc. The bidmng was mostly
by bulls, led by Phillips. At the top this
support was withdrawn for time, and
renewed bull support it reacted sharply
to 4c. For an hour or so the market
huctuated narrowly, but near the close
in an attempt to fill few country orders
followed, but the close was strong, 15sc
higher at 4S1sc. July was but little affect
ed by the course of May.
Traffic in wheat futures was active.
May opened 1sc to CSC higher at IKE to
71S4c because cables were steady and in
sympathy with the corn strength. Coun-
try belief in gorgeous crop prospects was
reflected in selling orders, and for few
minutes there were indications of easi-
ness. May eased off to 711s17115c, but
sentiment changed on highly encouraging
export talk and a heavy worlds visible
decrease. The seaboard reported 60 loads
taken for the other side; cash sales here
were put at $4,000 blu, largely to a St Louis
exporting house. May assembled steadily
to 72&4c before profit-taking became suf-
ficient to check the advance. May work
ed back to 72Q72Bc. The close was strong.
Ac higher, at 721sc. Seaboard clearances
were 1I2.J0 bu. while primary receipts
aggregated $4,000 bu, compared with 294-
Geo bu last year. Local receipts were 81
cars, one Of contract grade. MINNEAPOLIS
and Duluth reported 235 cars, against 1873
last week and 260 a year ago. Brad
streets worlds visible figures showed a
decrease OF 100000 bu.
The strength of wheat and corn. an ex-
cellent demand for the cash article and
the backWardneSS of the season com
btned to give the oats market activity
and strength. May delivery was in de-
mand from elevator people, and Jumped
from &c to full cent over July. Re
ceipts We're 163- cars May sold between
2s%e and 2624c, and closed sc higher at
Provisions were dull and neglected. The
opening was easy, but prices steadied
later in sympathy with the cereal mar
Eets. july pork closed nc higher at
SH;9S1@; July lard. &c up at $. 02159S. O5,
The estimated receipts for tomorrow
are: What. 20 cars; corn, 95 ears; oats
T75 cars. aud $1,000 head of hogs.
Ihe leading futures ranged as follows: