Omaha daily bee., 1902-04-03
COMMERCIAL AND FINANCIAL
Bulls Have Days Innings on Chicago
Board Of Trade.
GRAINS AND PROVISIONS CLOSE HIGHER
Many Factors Contribute to strength
of Trade, which r. supported
by Liberal Buying All
Along the Line.

CHICAGO. April Publish sentiment up
held grains today and induced good lnvest-
ment buying in wheat. The upturn in
wheat was ali that relieved the board Of a
day Of very dun speculation. At the close
&C up and May oats &c higher. Provisions
closed 21Rc to 17hc up.
Many things contrlnuteo 70 Ine ra rca
were small, the weather was colder ana IN
terror and northwestern elevators reported
decreased stocks. There were also some
doubts expressed as TO the outcome OF the
winter crop. Yesterdays Washington
weather crop report was construed bear
ishly, but some experts sent in depressing
news from the southwest. Seeding was
backward and the freezing weather mas
been paralyzing the growth OF wheat.
Gables were much lower than last com
parsons on Thursday. and there was a
opening. Both the northwest and south
west were reporting higher prices anu
bought boz 5s lii ne r hef there IN was sP't additional nal
buying by the bull crowd that has been
manipulating. July corn. Cash trade was
Indication pointed toward a resumption
Of export business. May wheat opened =
nc and by gradual stages advanced to
n Trade at no time was heavy or eN-
cited; May closed firm, &q%c up at re
2 of contract grade; Minneapolis and
Duluth reported I'll cars, making a total
one day last week and 1000 two days a year
ago. Primary receipts were 1900 bu.'
compared TO l.ZfO,VO. Du, last year SEA
board clearances in wheat and flour %equaled
ST. 900 bu. Bradstreet's reported the visible
supply decreased 1854, 900 bu- The seaboard
reported Is loads taken for export.
Corn trade was disappointingly slack. the
big manipulators in July options were not
in evidence and the market settled into It's
normal condition. Trade was mixed with
little desire 70 trade one way or the other,
but the buying was better than the SELL
ing side. Cash conditions helped the mar
ket materially, though weakened cables
were somewhat depressing. At times there
was marked anxiety over what the bull
crowd would do, but nothing eventful hap
pened. Southwestern news was bullish,
but the outside influences were only slightly
effective. Wheat strength aided somewhat.
May corn opened steady, sold down to 6Oci
advanced slowly to 60Ac and fuctuated
very narrowly. May closed firm, Ae up at
some buying. The market was fairly
strong, but the range of fluctuations was
narrow. Cash strength, and the tone Of the
selling. May sold between 42c and 42&sc
and closed firm, sc up at the latter figure.
Receipts were 11S cars.
Provisions were fairly active today and
showed marked strength. The early hog
market was good, but this influence was
soon Withdrawn as the tone at the yards
eased. There was very little disposition to
sell. A large cash business at western
literally of lard and ribs. As of late, pork
was the most active product and showed
the best tone. May pork opened 10Gl215c
higher. sold between $16.65 and $3.50, closing
higher at $3.50 and May ribs nc higher at
ts.9715.
Estimated receipts for tomorrow: Wheat,
so cars: corn, los cars; oats, 10 cars; hogs,
80. 900 head.
The leading futures ranged as follows: