The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-18
WHEAT DECREASES,
CORN INCREASES
Wheat Market Narrow Corn
Heavy on Large Real
ling Sales

CHICAGO, April 17-Lberal receipts
at primary points had a weakening in
At the close July wheat was of hc. May
is down &c. corn shows a loss OF 1kc,
oats are down Nc and provisions 21zc
to 15c.
After little firmness at the start senti-
ment in wheat pit became quite bear
ish. lower prices prevailing throughout
the greater part OF the day. At the open
sShc. May was &c lower to &c higher
at 81 .14h TO s1.15. Buyers here had the
10 decrease in shipments from Rus
STA. In addition, the situation through
out the winter wheat belt of the United
States showed many signs OF conditions
ern and southwestern points comments
on the reported cold. dry weather were
anything but optimistic as to the grow
ceived from Nebraska and Missouri quot
Ing crop experts as saying that a change
to warm weather without plenty of rain
plant. Reports as to lack of moisture,
however, were not confirmed by the
weather bureau. An impression that con-
ditions In the southwest We're generally
favorable to the crop gradually gained
ascendancy in the pit. AS result the
market soon lost the initial frmness.
crate sellers of May and caused slump
to 81 1885 in the price of that delivery.
Trading was. as a whole small In volume
throughout the day. Late in, the session
considerable selling of wheat by pit
traders. July fell off to s7hc. Large
primary primo receipts, tended d, decidedly to de-
easy at sI%c: Final quotations on May
Ciearances Of wheat and -four were
equal to 32.209 Blu. The amount on pas
sage increased 1,120.00 blu. while the Wis
ible supply decreased $4,000 bu. Primary
receipts were $4,000 bu. compared with
1863, 800 blu year ago. Minneapolis, Du-
luth and Chicago reported receipts of $50
cars against 2S3 cars last week and 271
cars year ago.
Liberal liquidation was again feature
or trading in the corn market. AS a re-
suit OF heavy selling by several promi-
nent holders the market became decidedly
weak. The weakness was all the more
remarkable in view Of the numerous re-
ports from Nebraska telling OF an excel
lent demand from feeders. The market
closed at about the lowest point OF the
eT at 4S94sBc. sold off to 479s @471kc and
closed at 471kc. Local receipts were 172
cars. with Is of contract grade
Oats
Weakness OF corn caused considerable
selling of oats by pit traders. Prospects
values. Sentiment was bearish the en-
tire day. July opened unchanged at 29sc,
sold of to 291Rc and closed at 29Mc. Lo-
cal receipts were 20 cars.
Provisions
A decline of 10c in the price of hogs
following enormous receipts. created ex-
IRENE weakness in provisions. The de-
cline In coarse grains was an additional
bearish factor during the last half Of the
session. Selling was general throughout
the day. Shorts were the chief buyers.
At the close July pork was off 15c at
$12 IS. Lard was down &C at 81. 40. Ribs
were 21kc lower at s7.25@7.27k.
Estimated receipts for tomorrow:
Wheat. lie cars; corn. 262 cars; oats, 120
cars; hogs. $4,000 head.
Cash quotations were as follows: Flour
easy. No. 2 spring wheat, 81 .0561.1 IA;
No. 8. 9sc@S1.14 No. red. 81. 1914 al Is.
No. 2 corn, 471zc; No. yellow 4S1ac. No
2 oats, 30hc; No. white, 32A 632hc.
No. rye, 7Sc. Good feeding barley. 27D
3Sc; fair to choice mailing. 41G4755c. No.
l fiaxseed. 81 &c; No. / northwestern.
81 1914. Mess pork, per brl. So. 55Gl2 so.
Lard. per 100 lbs, S7.12h Oils. Short
ribs sides Qoose), S6.s71k4 90. Short
clear sides (boxed). 81. 00@p7. 121a. Whis-
ky. basis of highwines. SIP Glover,
contract grade. $14. Receipts-Flour. 49,
300 brls; wheat. $1,000 bu; corn, 277.3oo
blu; oats. $4,000 bu: rye. 5000 bu; barley,
65. 200 bu. Shipments-Flour 10 900 brls;
wheat. 1880 bu: corn, 291, 100 bu; oats,
10000 bu; rye, II 900 bu; barley. $500 bu
On the produce exchange today the but
ter market was steady; creamery 25631c;
diaries. 2S@2sc. Eggs easy; at mark,
cases included. lee: firsts. 10; prime firsts.
l1c; extras. 1sc. Cheese firm, 1874 @14c.