The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-04-25
ALL LOWER BUT CORN
WHEAT RULES EASIER IN ALL
THE MARKETS
Weakening Effect of Lower Liverpool
Professionalism Houses and
Longs Sell FreeIy-More Wheat Of
fered Than Can Be Absorbed.

CHICAGO, April 24.-Quietness pre-
vailed In wheat today. and prices in
general were easier. May closing 1-2c
lower and July down lie. May corn
closed 1-4@3-Sc higher. with oats off
I-Sc, while provisions closed from
LIE lower to sc higher
Lower Liverpool cables had a weak
en1ng effect on wheat prices, May open
IN ing UNCHANGED to 1-Sc lower. at 7Sc to
at 70 Use to 1903 1-8c. Outside
markets were also somewhat easier,
and there was considerable selling by
commission houses and pit traders,
Whlie longs sold freely. which resulted
In still further decline. Stop-loss
orders on the decline, in connection
with the dullness of trading, brought
more wheat on to the market than
could readily be absorbed, and ex-
treme weakness followed. May declin-
ing to II 3-8c, and July to 70 3-8c
Buying by the Armour interests gave
support to the situation, and a f1rmer
feeling developed. Reports of a good
export demand helped to create a bet
ter tone late in the day. May closed
lie lower, at II 3-4c, and July was
down LIE, at u 1-2c.
Clearances d wheat and flour were
equal to 411,0O0 bu. Primary receipts
were $4,000 blu. against $4,000 blu a
year ago. Minneapolis and Duluth re-
ported receipts of 116 cars, which, with
local receipts of 81 cars. 1 of contract
grade, made total receipts for ths
three points of 1877 cars. against 134
cars last week and 134 a year ago.
Activity in Corn.
Trading in corn was active, and a
strong tone was manifested throughout
the day. There was a good general de-
mand at the start on the higher Le:er-
pool cables, the market there showing
good advance on the poor showing
made by several cargoes of corn, which
had Just arrived. Covering by shorts
added to the already firm feeling. and
the market developed considerable
strength. The weakness in wheat
having no apparent effect in this pit
Small receipts and a good cash demand
were bull factors. The close was firm.
with May lac higher, at A $40
"A Use, after selling between A lie
and A 7-8c. July closed with gain
of 1-4@3-Sc. at 40 1-2c. Local receipts
were 70 cars. 1 of contract grade.
Oats showed extreme weakness early
in the session on free realizing by
longs. The selling was both for local
and outside account. Stop-loss orders
were reached in May, and this deliv-
cry declined over lie before the down.
ward tendency could be checked. Late
Al tie udy the early sellers turned
buyers. and part of the loss was re-
gained. the close being steady, with
May 1-2@5-Sc lower at 81 1-4@34 3-Sc,
after ranging between 33 5-Sc and
"a Use. July closed down 1-8c, at
81 Sac. after selling between 81 1-2c
and 32c. Local receipts were 134 cars.
There was moderate volume of
trade in provisions. and the market on
the whole was firm. The small receipts
of hogs and better prices at the yards
were early bull factors, while the
strength in corn was a help later in the
day. July pork closed sc higher, at
$!7:47 IL; July lard was a shade
higher. at $9.65@9.& IL. and ribs
LIE lower. at 1857 1-2
The estimated receipts for tomorrow
are: Wheat, 80 cars; corn, So cars:
oats, ITO cars, and 1900 head of hogs.
Range of Quotations.
The leading futures ranged as follows: