The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-04-03

CHICAGO. April "A large decrease in
worlds shipments helped to cause firm
ness In wheat today, the close showing a
net advance of nc. Corn made a gain of
Mg7s oats are up Ac and provisions
Before trading began in the wheat pit
news from across the sea was scant, oW-
ing to foreign exchanges being closed.
About the only figures Of any consequence
were those of Bradstreets. showing small
worlds shipments OF wheat and flour.
Under the influence OF the decreased
movement firm tone prevailed at the
opening, July being up B@7sc, at S7%@
SSc. The market became still stronger
In sympathy with strength in corn and
oats. Shorts who did not care to carry
lines over Sunday covered freely. Prices
responded to the demand and advanced
easily. July selling up to 8SAc. Great
preponderance of shipments over receipts
of wheat at st. Louis and Kansas City
was also q bull factor Receipts at the
two points amounted to only $4,000 bu
and shipments to 1863, 900 bu. That feature
of the situation. combined with the fact
that everywhere throughout the winter
wheat country millerS were paying
premium on milling grain aided in giving
strong undertone to the market. To-
ward the latter part of the session, how
ever, sentiment temporarily changed to
the bear side. A reaction had OCCURRED
in coarse grains, which induced colNsider-
able selling of wheat Private crop re-
ports gave indications of a fair yield. and
this Information brought out. additional
sales. Under this selling July declined
to $3.50 The market rallied again just
before the close, a firm tone being man
Tested. Final figures on July were at
S7M @S77sc: May sold between 95&c and
$500. closing at 96Ac.
Clearances Of wheat and flour were
equal to ss1,7Oo Blu. Primary receipts
year ago. Exports of wheat and flour
for the week, as shown by Bradstreets,
were | 267 600 bu Minneapolis, u Duluth
against 220 cars last week and 259 year
ago.
Good Gain In Corn.
Sentiment in the corn pit was bullish
due to renewed purchases by a big holder
cash demand were additional factors
During the early part Of the session of
ferings We're comparatively light, but late
out from small traders, causing a recess
sion from the high point. Offerings were
well taken. however and the undertone
higher at 531zc, sold between So " @53 % c
and SAC and closed at $3.50. Local re-
ceipts were 234 cars.
The feature In trading in oats was COW
ering by local shorts. Offerings were not
large and firm tone prevailed. Small
receipts and an excellent cash demand
were supporting Influences After opening
hc higher at 3s1hc, July sold between
1880 and 40c. closing at $3.50. Local
receipts were 1917 cars.
Provisions were strong on an active de.
trading centered in pork, there being
heavy buying in that product, credited to
Eastern traders. A small run of hogs
and an advance OF 10@15c in prices at
the yards were early bull factors. while
the strength in corn was an influence
later In the day. The market closed
strong. with July pork up 1719e at
$13 .521k. July lard closed 216 @5e higher
at 81 liz Q7.20. Ribs were up 21&c at
$40.
The board will be closed Tuesday
election day.
Range OF Quotations.
THE leading futures ranged as follows:
Oman / IIioh I I.nW [ Close