The Montgomery advertiser., 1902-05-21

Wilminston-Dull. Middi:ns. EXC. Stock Noriolk. Nominal Middlins. exc. Receipts.
 Baltimore inaI. Middlins ssc. Re- ceipts, e7l; stock. lo.y24.
 Boston.-stesdy. Middlins. sSoe Receipts.
 Phiisdeiphis~ouiet Middiins. Q II-isc. Rscsipts: 2; stock. s.e!s s. .o
 St. Louts-Quiet. Middling, 0hc. Sales, DO Receipts. o26: stock. 26,9sl.
 Chicago Grain and Provisions
 CHICAGO. May 2o.-Corn took the lead in session from the duii hot weather monotony that has prevailed for several days. At the opening of the markets weather reports were to the recent bearish view But a good bulge came when 1t was apparent that the much talked of increases in corn receipts were not up in sympathy and July wheat closed kc up;. July corn A1ysc higher and July oats t.c higher. Provisions lacked tone and closed 2la
 Corn ruled strong the greater part of the day; although early the absence of business cellent growing weather started business very dull There was small dip at the opening on the good crop prospects and reports of however, failed to matcraiize and when the estimated receipts for tomorrow were posted at 30 cars. the crowd that hau been selling short on the prediction that receipts would soon run between 200 and 300 cars daily, got badly frightened and covered. The leading bull house that has been accredited with re- Der optior s also came into the market te push prices up a little. Late ih the day St. Louis came tn to buy and enhanced value some what There was some small enrly selling by commission houses the early bearish market Stocks were reduced and country holders refused to accept advanced bids. The general feeling of traders late in the session was that the big manipulators had the crowd pretty well short and could pinch it badly if tnc st sxc Receipt. 'Ssfs were only j. ssfs H' WSes. fair strength at times. The exceptionally good growing weather in the winter wheat States. absence of Liverpool cables and re- the crowd somewhat bearish Bull news how ever. was in better array. Receipts were small, there were heavy rains in the North ing and the visible supply decreased 2. 2o4. 900 bushels, where only f,75o. 900 bushels de- River Valley Stated that there was but s5 per cent of last years spring acreage seeded. In the main the trade was dull, July opened mounted to 75c. Liquidation took of some of the gain and July closed only firm 4c up at I4%9hc Some of the strength was due to demand. Local receipts were 5s cars. three of contract; Minneapolis and Duluth reported of asns s ss Ss sH Pan year ago. Primary receipts were 2So. 900 bushels. compared to PAS 900 bushels last year. Seaboard clearances in wheat and flour equalled 4 900 bushelss The seaboard ported 26 loads taken for export which in- cluded 23 loads worked from Chicago late yesterday. An easier cash market and re- ports of good crop prospects induced an early easy feeling in oats. The corn strength, how eyer. together with sonso actiy~ purchases by the leading May bull sent prices up smartly and gave the pit some fair activity. The big professionals played short early. but soon had to change their tactics. The general tone vas very firm. July sold from 36hGAc 70 '37hc and closed firm tsc up at 36%c. Re- ceipts were liberal at 22e cars
 Provisions weEe dull and upattractiye te the trade The early hog market was weak and induced opening weakness in all the products. Grain strength with advices that the general run of nogs at the big Western markets were much smaller than last year, hr1ner values for a time Late. however there was lack of support and liberA offerings brought reces- 'sions. July pork closed 71c lower at I7.l7i4c; July lard 71ac under at slo.l7h and July ribs 2lsd5c down, at s9.65. Estimated re- cepts for tomorrow: Wheat, 20 cars; corn, 30 cars: oats. i30 cars, Hogs. 26 900 head.
 Tn, leading futures ranged as follows