The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-20
WHEAT STILL BULLISH
PRICES ADVANCE AFTER AN IN
DIFFERENT OPENING
Market Receives Support From Ar.
mour, Outside Markets Are Strong,
Shorts Cover Freely and Commission
Houses Buy Literally.

CHICAGO, April 1S.-There was a
continuation of the bullish sentiment in
wheat today and closing prices were
strong. May being lac higher and
July ISOLDE higher. May corn closed
at, a gain of 1-4@3-Sc, with oats $50
3-4c higher. Provisions were strong,
the July products closing with an adj
vance Of from 1-2@10c to 20@22 lie.
opening prices in wheat were barely
steady, due to a moderate selling
movement by local traders on the IA
Vorable weather conditions and to the
indifferent cables. May was down 1-8
Ql-4c to 1-4@3-Sc at II lac to II 3-Sc.
and July was unchanged to 1-8Q1-4c
hlgher at II 7-8@72c to 70 1-8c. The
market received some support from the
armour interests early in the session.
ana with foreign sentiment bulliSh,
with strong outside markets. shorts be-
gan 10 cover freely, while commission
houses also bought literally. Under
these conditions prices gradually ad-
Ganced' May selling up to 7Sc and
july TO II 1-2c. Late in the day thsre
was slight reaction on liquidation.
put closing prices were strong. May
pelng Lie higher at II 3-4@77 Use,
ana July up S-S@1-2c at 70 3-Sc.
Slearances of wheat and flour were
equal 10 $4,000 bu. Primary receipts
were 29l,3OO blu. against 1877, 900
III, ~ d year ago. Minneapolis and Du-
iu1n reported receipts of 165 cars
which, with local receipts of % cars I
Vi contract grade, made total receipts
VI 19u cars, against 342 last week and
145 cars year ago.
Light Business in Corn.
Owing to scarcity of offerings the
tradlnS IN corn was rather light, but
Under the influence of the strength in
wheat and oats a firm feeling prevail
ed with good general demand. espe-
clalIy IN the July option Commission
ilouses We're buyers of July and local
shorts covered May. The cash business
was dull owing to lack of offerings
pul Hrin tone prevailed. Closing
prices We're firm, with May 1-4@3-Sc
higher at A 38c, after selling between
44c and "A LIE. July was up 3-Gc at
44 5oSW44 3-4c, and ranging between
"A 5Sc and A 7-8c. Local REGENTS
were small at 55 cars, l of contract
grade ii'i az
Oats displayed exceptional strength
dSaihSt the smallness of contract sun
plies, light receipts and talk of reduced
area Tor seeding combining to make
snoftS uneasy and otherwise stimulate
the publish sentiment Shorts were
GOOD buyers Of both May and July. and
there was also a good demand from
oelslu oE May closed at an advance
VI o-oW5-4c at 80 1-8c. after selling
peoWeen "a LIE and 35 3-Sc. July was
o-oc higher at 81 1-Sc. Local receipts
IN general way the provision mar
s ~ was more active than it has been
Tor some time and a strong undertona
was manifested. An urgent demand for
lids was the feature in trading al
tnough shorts covered quite freely in
PORK. The strength in grain was bui1
factor. The close was strong. with
Wy pork 2o@22 LIE higher at
SII62 IL. July lard was up I 1-2010c
at $S.S2 IL. and ribs We're 1Oc higher
The estimated receipts for Monde,
are; Wheat, 40 cars; corn, 70 as,
oats 100 cars, and $4,000 head of hogs.
Range of Quotations.
The leading futures ranged as for,ou,s.