The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-05
CORN KINGS PREDICTION OF
WEDNESDAY WAS MADE GOOD
YESTERDAY
MAY CLOSED 5-8e HIGHER
Oats Also Went Up, While wheat
Sold Off a FractiOn-ProvisiOns
Closed at a Loss of
&c to Csc.

CHICAGO April 4.-Corn and oats re-.
covered part of yesterdays loss today
was excited generally, shorts coverine,
cnlehy under the influence of cables
May corn closed 13sc and May oats. &c
hlgner Wheat closed 1s@14c lower, and
PROVISIONS at loss Of 5Q25c
Hands across the sea- came to the aid
OF holders or May corn, in the shape of
urn cables, and Phillips, the bull leader,
abp 4ttIe 20 DO save 20 witness a favor.
Tor yesterdays setback The LiverrooI
market rendered notable service in refus-
ing 10 allow the decline on this side
yesterday. This attitude frightened
shorts, and for half an hour affer The
opening trade was wild. The volume
prGpablJ aggregated less than Yesterday.
b boI ,e, everybody, except Phillips, who
pought but twice during the day. was in
IT, Compared with the previous close at
arse the market opened with bids rang
ing from 42c to 49c. Phillips took 9OH. Goa
III ~, ~, i ne tI market worked back to 4zAc
curing curing the forenoon. About noon a COM
MISSION mus firm offered 10000 bu of Nav az
4z3sc Phillips took It, and offered the
same sans. price for another similar lot. He
t e,7HSol alarm among shorts The market
e opfI5 began ga advancing, and stopped
and and ~, Vas at sac; 13sc over yesterday,
were 20 cars, 80 Of contract grade
wheat was the least firm of the grain
alidl hetS May opened shade to Nm
fnencee Of az 1z7fc to TIC, under the in
ui9 not respond to the weakness on thie
sue yesterday. Those who had ho,11Jl+
on the slump of the previous session eXs
pectlng an uptuTn, turned sellers COM
try lots came out on the decline sr[I
WAY was forced down to lie. 1Lc I1nda1.
yesterdays weakest point 4 sharn nasI,
oer.1'ah Ia and the strength in oats and
corn later caused covering by shorts
ana May rallied to 7216d725sc. The eIose
MAS steady, May 1s@Hc lower at IaHc
d E1ceRtlng excitement at the opening. the
aiio the FEELING less uneasy. ExporteTa
reported 81 loads taken Seaboard clesr1
a al ae IN wheat and flour were ecnal +,
IIL4'VOo pu Primary receipts We're ga nm
~, compared with 1900 bu last yeay
minneapolis and Duluth renOrte5 16o 90
4ganst As last week and 467 a year ago,
Local receipts We're s. cars, none of CON.
het was not he avg, but prices were stang
.tlIu inc market recovered nearly all Of
o yes decline. The corn Strength
articie s woe casn demand, and the cash
h MeIe strengthening factors PhilII1s'
brokers' Were not active. but coIi+1fr',
Duynls oroers We're numerous. and locaI
snOftS were strenuous in their endeaIe~S
70 get into safety Nav sold betTeeE .
&c and 25szc, and closed &c hiehe,. 81
Eo T receipts We're 324 cars
n,aG SIC u,liHettone Of the provision market
t M'cS 5ds 3S on selling by packers al
f T it,n Ihere was good demand from,
Liverpool Live for lard and ribs. The wea weak.
ness OF May pork, for which there was
no Pf pa demand was the chief fac
Tor In depressing other hog nrn "a
PORK sold between SIS. Is and SIS and
closed z5c lower at SIS. 20, having recoVl
e WeG pa, partially All in sympathy with corn.
oio:,, laf9 SOLD between S. 521a and S.. 225
closing &c down at So 49,. ana Ma LIZ,
EpetWeen $50 and $S.121l, with the close
DC depressed at S. 20 0i0'7
ar Inc v estimated t receipts for tomorrow
20 cars and 10000 head of hogs. o''S'
Note-Ihere will be no session of tho
board of trade tomorrow. - mo
Inc leading futures ranged as follows.