The Montgomery advertiser., 1902-04-29
Chicago Grain and Provisions.

CHICAGO. April 2e-It was bad weather for the bull traders in grains today. Even though reports indicated diminishing supplies of old wheat and offerings in still light: the crops were receiving too much prices to hold advances. These various fac tors. however, caused several rapid changes of sentiment. In the end July wheat lost !1
 f: July corn ,4c and July oats asaisc. Pro- visions closed 2lac lower to 2isc higher, Trade in wheat was only fairly active, marked. At the opening the news of general rains in all the principal wheat States. ex- Saturdays closing prices The Southwest sold literally and helped hold prices back The situation. however; for some time. seemed to favor the bulls Cables higher. primary receipts were still light. showing rapidly de creasng stocks and the Northwest bought well of cash stuff and started an advance. Prices
 worked up little and were helped consid- .erably by the remarkable decrease in the vis- ible supply. s,7s2. 900 bushels: On tho 76A. after opening %G1sc to h6%c lower at 75%q754s The pit crowd, however. was con general weather situation and fought hard against the advance. When reports of more liberal offerings in the Northwest by the farm CTS and of rains in Kansas arrived, there was renewal of the selling movement that had weakened the market at the opening Prices steadily declined with active and heavy sell ing at times until July reached 75. show of an improvement in receipts though they were still small. had bearish effect. July clOSeu weak, IUI sc lower At |os lSocdt re- ceipts: 23 cars one of contract grade; Min neapolis and Duluth reported 23o cars. msk- ing total for three points of 253 cars, against shipments were se7s, ,ooo compared with 7,A7o, 900 bushels last week and 7794, 900 se2. ooo bushels against 6as ooo last year. Breadstuffs passage decreased 632 900. Seaboard clearances in wheat and flour equaied 26S. 900.
 Trade fin corn hinged on the action of the leading bull crowd Influential buying pre- vented this cereal from following the course of wheat although the break in the other pit eventually had it's effect. At the opening prices very steady and practically no attention paid to the general rains in the Southwest and to the unresponsive cables Offerings very small and were readily taken prices advanced, The leading house that Is supposed to be carrying twice the amount of corn in actual existence did some good buying and sent July prices from o3ss to 64N. Trade rather quiet the greater part of the session. but as wheat weakened there was some active short selling and prices slipped off. The marked feature of the market the good show of strength at the close in spite of the bearsh weather conditions, September closing $.c higher. July closed Hc down at 63ia. Receipts were improved at io4 cars.
 Interest in May oats relieved the Unonotony of a quiet market and helped uphold the other options There was fair buying of the bear option and prices advanced somewhat. The generous rains. however have increased the prospects of the coming crop and as receipts grew larger and wheat and corn weakened oats receded. The cash article was in good demand, but there something of dispo- sition to keep out of the market until the sold to 43hm43A and closed firm i4c up at 42M July 1new) closed 's6isc lower at S7, Receipts o3 cars.
 The provision market manipulated again by hackers today for higher prices. The early tendency was to sell on the grain situation and for profits. Brokers al once began buying for nackers-especially of lard and ribs and prices huctuated nervously. Offerings by scalp CTS as well as by packers became liberal after inc nrice had been pushed up and on an ab- sence of any urgent demand and the wheat break most of the early gains was lost, The hog l.3.,:&ct strong July pork closed 2isc lower at SI7o21a. after selling at Sl7-l7s: July lard 2Ihc up at SIo 10. and July ribs a shade higher at S9. .42i5d9 50
 The leading futures ranged as roiiowe'