The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-04-06
DULL DAY IN PIT
BEARISH CONDITIONS PREVAIL IN
WHEAT, BUT PRICES ARE
MAINTAINED
CORN, TOO, rs INACTIVE
Oats and Provisions Drag in the
Trading, With Pork the Leading
Subject in the SpecuIa-
tive Corner.
CORN, TOO, IS INACTIVE

CHICAGO April 5.-Speculation on the
Board of Trade today was Indifferent al
though, with the exception of a gradual
decline in corn, prices hung steady. May
wheat closed a shade higher; May corn,
3sQAc lower, and May oats 1sc lower.
Provisions closed unchanged to 712Ql0c
up.
Bearish conditions seemed to prevail in
wheat, but the slight breaks experienced
were met with fair rallies. At the out
set cables were lower, but the crowd
was talking of the sale by an elevator
of over 100000 blu of cash wheat a. Du-
Iuth, and refusals of bids for 100000 blu
more. This business was said to have
been done late yesterday, and to have
been the incentive for the high early
buying in the previous session.
On this factor, May opened rather firm.
unchanged TO &c up, at 707sM11sc The
Missouri state crop report, indicating 81
per cent increase in acreage of wheat,
and a condition of so, started lower
the cash sale story, but-though May
prices sold off to 703s07034-a small de-
mand occasioned a reaction and May
closed steady, shade. UP, at 70BQ71c.
Trading Is spasmOdic.
The crop report for Kansas indicates
u per coat increase in acreage over last
year but Is per cent has been damaged
and will be given over to other grains
The remaining 81 per cent shows con-
dition of IA. The business of the day
was not large, and the trading was spas
modic. the greater part Of the time be-
ing dull.
Corn weakness exerted an influence at
times. Local receipts were 80 cars, none
of contract grade. Minneapolis and Du-
luth received 219 cars, making total
for the three points of 252 ears, against
SIS cars two days last week, and 653 two
days a year ago. Primary receipts were
10000 bu, compared to $4,000 bu last
year. Seaboard clearances in wheat and
led AF4yTa -t1ir
mentS for the week were 100000 blu, com
pared to 592 coo blu last week.
Corn was weak. Liquidation of May
deliveries by commission houses and lit
was weak and favorable crop conditions
pressed on the market. Country offerings
continued small but cash business show
ed no Improvement On the decline PIT
traders took fair amounts. Trade was
small and the range narrow. May sold
from 59kc to weak close, 5sd&c lower,
at 5S$sd591ac. Receipts were 81 cars.
Pork Leads in Speculation.
Oats were dull Following the weak
ness in corn the far-off options were
easier. out May had some little support
and fuctuated narrowly. The Missouri
March 20 at 50, against % this time a
year ago May closed &c lower, at 429sc.
Receipts were GA cars
Provisions were dull much Of the time,
but mad an upLurn Oh the Detler HoS STU
alton. Pork led in speculation, and was
strong enough to give a firm tone to all
products. There was some fair early
buying for bulls Of the local crowd, but
after this demand was filled trade hung
fire. The outsiders seemed to be well
loaded UP with long property, and wait
ing developments. Cash trade was fea-
tureless May pork closed 7120s0c up. at
SIG Az; May lard 212c higher at $3.50,
and May ribs unchanged, at $S.Sl12.
The estimated receipts for Monday are:
Wheat, 80 cars; corn, 50 cars; oats. 75
cars, and $4,000 head of hogs.
The leading futures ranged as follows:
IOnpn High Low lClOse,