The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-04-22

CHICAGO. April 21.-Paucity of receipts
from the Northwest and persistent re
ports of damage Southwest caused a
hfm close here today in wheat Com
pared with last night July wheat is 80 O
&c higher. Corn is up sc. Oats are off
e a 14c. Provisions show a gain of 7H@
lac
Under the influence of decreased receipts
IN the Northwest wheat opened firm. the
July delivery being a shade to HGHc
nlgher at S5@S57sc. A leading factor
throughout the early trading was the
strength Of the Northwestern markets As
the session advanced bearish action of
the corn market became a powerful in
huence There was also enough crop news
OF connlcting kinds to keep traders guess
ihS' In consequence the wheat pit be
came extremely nervous Trading was
more active than had been experienced
ia some time past. Commission houses
ffePoIteu more outside buying orders than
Tor several weeks. Houses with North
western connections were persistent buy
efs on crop damage news from the South
west. A little Improvement was noted
IN cash Inquiry and in the export bust
ness Minneapolis reported good pros
poets Tor large -four sales. Weather con-
d1uonS showed material improvement and
reports from the Northwest were received
IeIlng OF 1alr progress in seeding. On d
Iate decline IN corn there was some
realizing In wheat which resulted in july
senlng down to S43se, but subsequent
covering by shorts worked the price up
70 654c. The market closed firm. with
July at S55sc. May sold between S9Isc
ana S9Ac and closed at s91ac.
Clearances Of wheat and flour were
equal to I57; loo bu. Primary receipts
were 184, 900 bu. against 26S, 300 bu a year
ago. Minneapolis, Duluth and Chicago
reported receipts of 104 ears, compared
year ago.
Flooded With Long Corn.
In the absence of selling pressure from
any quarter the corn market ruled firm
early in the day. Later there was a fair
demand for May from the big holder,
which sent the price of that delivery UP
l12c; On the advance the market was
hooded with long corn, and before the
furry ceased May had lost nearly all the
earlier gains. Within the last few min
uIeS OF trading partial recovery was
made due to the strength of wheat. and
the close was about steady. July opened
a shade TO Is a II higher at 1875 a 49c
sold between 1855 Q4S1ae and 491ac and
4S%4c and 5eAc and closed at 491kc. a net
gam OF sc Local receipts were 131
cars with II Of contract grade.
ne feature in trading in oats was the
selling of September delivery by pit trad
erS due to improved weather conditions
and TO reports of good progress being
made IN seeding operations. The mar
keu was influenced to a considerable eX-
tent by the action of other grains The
close was easier. After opening A614e
lower at 3624 6367sc July ranged between
3612c and 371s 037Ac. and closed at the
bottom. Local receipts were 81 cars
Provisions We're easier at the start.
owing to weakness in the hog market but
there was an unusually good demand for
all products and a firm tone soon de-
Veloped. In spite of liberal selling prices
were maintained. the close being firm,
with July pork lac higher at $12.321a
July lard was UP TIC. at IS. 75 and ribs
also gained 715c. CLOSING AT SIS IN
Range of Quotations.
The leading futures ranged as follows:
Onen, l IIinl, I L az Cloro