The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-01
BETTER DEMAND FOR
CORN AND OATS
Market Strong During Early
Part of Session, Closing
Easier on Liquidation

CHICAGO. March 31.-Excellent wealth
er in the United States counteracted the
effect OF decreased shipments from Ar
gentina, causing a weak close In the wheat
market here, the July option being a shade
lower than yesterdays final quotati ons.
May corn Is up 1s@Lc. oats show a gain
OF sc and provisions are 21zc to &C higher.
Wheat
The wheat market opened quite strong.
July being up u a asc TO &c TO tsc at SS3. c
to sec The initial strength was due large
~ to an advance of a penny a bu in the
price OF wheat at Liverpool, resulting from
considerable decrease in the amount of
shipments from Argentina Shorts were
falr bidders for July and September. but
offerings were not large. On this demand
quotations. July touching S9Ac The buy
ing was not particularly pronounced. how
ever. the volume of business being COM
paratively light. Later bullish sentiment
claiming that the wheat crop has been
damaged by frost. Advices from Mime
apoiis also favored the bulls. Cash de-
mand was reported good. and larger sales
OF flour were said to have been made for
shipment to the orient. Brilliant weather
In the southwest. however, completely off,
SET these influences. report OF local
crop statistician summing up the winter
wheat situation made the condition OF the
new crop 90. as compared with So. last
December Late in the day the market
Ginning to S8Hc- The close was weak.
with July at SS%c.
Clearances Of wheat and -four were equal
to 1872. 200 blu. Exports for the week as
shown by Bradstreet's. were equal to 9SS.-
600 bu. Primary receipts were $50 100 Blu.
compared with holiday last year. Mime
apolls, Duluth and Chicago reported re-
ceipts of pa cars, against 800 cars last
week.
Sentiment In the corn pit was inclined to
bullishness mainly owing to good cash
demand. Shorts bought literally and the
market was strong until late in the day.
when prices sagged with sympathy with
wheat. Closing quotations however were
tribe higher than yesterdays final fig
ureS. May opened at 47Ac. sold between
47G47kc and 47%c and closed at AN n
41Sc Local receipts were 25S cars, with
16 OF contract grade.
Oats
The dominant factor in the oats market
vas the action of wheat During the first
hs II Of the session shorts bought freely.
Laser the demand slackened Somewhat
and on moderate profit taking an easier
tone developed. May opened shade to
&c higher at 29A G2s3sc to 29ss. sold up
to 29sc and closed at 29asc. Local re-
ceipts were l42 cars.
Provisions
Provisions were firm on light receipts Of
live hogs. Offerings were light and trad
ing was mainly Of q local character. At
the close May pork was up 567hc at
81. 70@12. 721z. Lard was up &c at 81. I2IL
az; 10. Ribs were 21kc higher at Sc. Sly
estimated receipts for tomorrow:
Wheat, IS cars; corn, 227 cars; oats, ITO
cars; hogs, 5000 head.
The board of trade will be closed Tues
day. April 4, election day.
Cash quotations were as follows: Flour
easy. No. spring wheat, S1.OS6I.12 No.
8. 81 .OO@1 10; No. red, 81 .13k al. 15h
No. corn 47G47Ac; No. yellow. 4711c:
No. goats, 2sssc; No. white, 32932Ec
No. 8 white. 2s1k @31c. No 2 rye, 7sizc
Good feeding barley. 37639c; fair to choice
mailing, 43G49c. No l fiaxseed, 81. "a;
No. 1 northwestern. s1.37. Prime timothy
seed; $3.50. Mess pork, per Dbl, s12. IS q
1910. Lard. per 100 lbs, s7.00G7. 021z
Short ribs sides (loose), s6.S7h al. 90.
Short clear sides (boxed), 6.7506. S71k.
Whisky. basis OF highwines. 81. %. Clover.
contract grade. s13 20. Receipts-Flour,
$1,000 brls; wheat. $4,000 bu; corn, 49,
600 bu; oats. 23S.5O0 bu; rye. 5000 bu: bar
ley, $1,000 bu. Shipments-Flour. 1850
brls; wheat. II 200 bu: corn, 401, 800 bu;
oats. ITO, 700 bu; rye $500 bu; barley.
$500 blu. On the produce exchange today
the butter market was steady. Creamery.
22@29c; diaries. 2l925c. Eggs easy; at
mark, cases included. Ice; firsts. Ice:
prime hrsts. lie; extras, 1sc. Cheese
Steady l2nl311c