The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-16
TRADING ON CHICAGO BOARD WAS
QUIET. But PRICES WERE
EXTREMELY FIRM
WHEAT CLOSES S-8o HIGHER
Corn Also Marked Up 3-Sc and Oats
I-Sc-PrOvisiOns Varied From
lie Advance to
T5c Loss.

CHICAGO April 15-Cereal futures sold
fractionally higher today, but trade In
them was quiet. May wheat closed Csc
higher, and May corn at like gain.
while May oats showed a closing rally
of SC Provisions closed nc higher to
15o lower.
So thoroughly had traders discounted
the b5arish statistics Satuardy thlt when
the imposing figures appeared today the
wheat market was in position to ignore
them. Worlds shipments last week We're
10, 900 bu, while the amount OF wheat
and flour On ocean passage increased
5. $50, COO bu. Added to those statistics was
the perfect April weather, which COM
pleted the array Of bear news On the
other hand, cables were steady, though
lower, receipts moderate, and the cash de-
mand. according to reports which helped
the market from time TO time, was better.
Heavy clearances from the seabeard and
the visible decrease of 2G17,000 bu also
contributed to the strength. Trade, how
ever, was generally dull and lacking In
speculative features. May opened hc
lower to shade higher, at 101sc, to, 1850
1ol2c, and gradually advanced. mostly on
covering by local shorts. to 707sa71e. clos
ing firm and sc higher at 7C26c Export
ers reported . loads taken. Primary re-
cetptS were 500, 600 bu, compared with
r6SS 900 bu last year. Minneapolis and Du-
gluths reported 354 cars. against Ill last
week, ana 40 a year ago. Local receiptS
were 46 cars, none of contract grade
Speculative action in corn Wa almost
at standStll. The May DEAF appar-
SitIE duecL6Q traders little. OF the small
aggregate the days business. Changing
s3l1rned the major portion, holders of May
Iaklng July at, premium of y to 5lc, the
latter ruling at the close. The fact that
the ground is unfavorable to seeding, firm
: cables and sympathy with the wheat
Strength gave the market firm tone
receipts we're only 105 cars, excluding 8
2 OF contract grade. but the Skipping de-
Inand was practically a negative quanti-
y. May sold between 43ssc and 1870
eSisc, and closed CSC higher. at 4s2c.
As vas the case in the com pit Chang
ing from May to July formed the main
business IN oats. May sold at a shade
70 sc premium over the deferred future
= good shipping demand, coupled with
me sympathetic strength ga med from
neIghporlng markets, gave oats a firm
tone May sold between 243sG25c and E5Jkc
were III cars. -
DutinesS ruled In the provisions pit
most Of the day, especially in Nav delive
SI3' Inc 1uik Of business now being done
Tor July delivery. The opening was WeaI-
IN sympathy with the hog market T?oni-
dation of July lard also had a denressiny
eHecC- ribs were in best demand and
we're rather firm. Fluctuations were nar-
Tow May pork closed 15c lower AZ
sI4-z'4z, and July 1215c down AT cid AZ.
Nay lard sc depressed, at s.. 221L ana NV
d sha1e easier. at $815GS 171b: Nav ribs
c!osed Ll2c higher. at SS35. and JuIv mn
changed. at SS.02JS. uii-
me estimated receipts for tomorrow
ere: wheat, 125 cars; corn 135 cars. oafs
20 cars. and q, 000 head of hogs oo''@'
lODen- IETiob an, r6,Jo--