The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-12
CHICAGO QUOTATIONS

| was in demand. and this was readily
| taken at 81 @4c over May. MillerS are
doing very little in the cash wheat
| market at present, securing the bulk
| of their supplies from terminals and
| leaving the samples to interior millers
| and elevators.
The government report en- an acre
| age of 100000 indicates possibility
| of a crop of about 485,000,000, as COM
! pared with an acreage of 100000 in
| 1903 and an April condition of 97.3,
| while we only raised crop OF 401, 000,
| 600 blu. There is still plenty of time
| for damage from numerous sources to
materially reduce this high average re-
| port this month. 1t is seldom that the
market does not pretty well discount
| government report by the time 1T is
| issued and in the case of bearish re-
| port the market generally turns up
| ward, while Ii would be reversed on
| bullish report, this is the case nine
times out of ten, and If history repeats
| itself, we are due for a better market
In wheat.
| May wheat opened a cent lower at
| $1.04h, sold up to s1.05h, broke a cent
| to $L04M, rallied to $1.05ss, closing
! at $1.05k @1.055s. July opened at
| $1.00B, sold up to $1.01h, drop
ped to s1.O07s, rallied to s1.02B, clos
| ing at $1.02. September opened at sac,
sold at S3Kc, worked down to S2h a
| 32&c and then advanced and closed at
| $3.50.
Our stocks show a decrease for three
| days of 100000 blu. Receipts, Sc cars,
| against 81 a year ago; Duluth IA,
| against 80; Chicago So, against Is;
! Kansas City III, and st. Louis $4,000
blu. Clearances of wheat and flour, 49,
| 600 bu. Primary receipts, 1876 bu,
i against $4,000 bu year ago; ship
ments 100000 blu, against 26S,000 bu.
| Bradstreet reported wheat east of the
Rockies, decreased 1,564,000 bu; Eu-
rope and afioat, decreased 100000 bu;
total decrease. 2,564,000 bu; corn in
creased $4,000 blu and oats Increased
$4,000 blu.
Liverpool wheat closed " a q d lower
Paris wheat unchanged to 10 centimes
1 higher, flour unchanged to centimes
higher, Antwerp unchanged, Berlin 1sc
| lower and holiday at Budapest.
The trade will place a bearish con-
struction on the government crop fig
| ures. All the important winter wheat
states show a gain in condition as
| compared with year ago of from to
/ rs points. With the exception of Cali
| fornia, all the winter wheat states a
year ago showed a low condition in
April. California was then go. This
year all the important winter wheat
1 H.
mia being perfect.
King of Toledo wires: Michigan
April report of wheat condition is 95,
| last December SO, last April 79, but
June AZ, and crop only 100000 blu.
Amount in farmers hands, 10000 bu,
against 100000 bu year ago.
Chicago-A letter from Nebraska
| says: Prof. Buener of the state uni
versity announced yesterday that his
investigation had revealed the fact
| that the chrysalis of the Hessian fly had
been well preserved and was now
| Matching and that a comparatively
uniform condition prevailed all over
l the South Platte country which fore
| BODIED misfortune to the crop unless
| some condition prevailed to destroy
| them. This verified our investigation
| from our inquiry from our agents. We
| had samples from each place. We
| hope, however, for little damage, yet
| the fly is plentiful indeed.
Broomhall's weekly foreign crop
| summary: United Kingdom - Crop
| conditions continue most favorable
| France-The weather is now favorable
but supplies of native wheat are still
meager. Germany, Hungary, Rou-
Misunderstanding weather during the
| past week caused some anxiety, but
complaints Of damage are not serious.
Russia-The winter crops are in fine
| NOiiuilloli. opIluS crop prospects as
| a whole are excellent except in the
| Crimea, which complains of drought
The congested conditions of the rail-
| roads has not improved and grain is
| arriving at the ports via the water
| ways by barge. Italy-Crop prospects
are satisfactory. Spain : Showers
have been reported, but the crop out
look continues bad Notwithstanding
India-The situation is unchanged
Liverpool - Wheat = The bearish
American government report caused a
| quiet opening with prices sd lower.
which was followed by further declines
of Nd in the nearer deliveries and sd
In September. 1t was believed that
the report was largely discounted.
however, which. with fair spot in
| quiry, caused slight reaction of I'D
| in July and September. Corn-Open-
Ing prices were unchanged, but during
the morning May lost I'D and July
1sd, the factors being the weakness in
wheat and the decline in spot corn.
Chicago Cash Business: The only
demand for cash wheat yesterday was
from mixers who are buying No. 2
northern, taking $4,000 blu, and will
make contract grade. The scattered
sales in all aggregated $1,000 bu.
Prices were weak and off with the
futures. No. red was May price to
1c lower, No. 2 hard sold I. O. b. at
s1.16 to s1.16ss, No. 8 hard brought
$1.01 to s106, No. 3 red at s1.O5 TO
$l15%, and No. red at SIC, No. 4
spring at s1.02 and No. spring at
$1.02. st. Louis was $1.051s for No. 2
red f. o. b. and Kansas City s103 to
S1.05 for No. 2 hard. At the sea-
board exporters sold 10000 blu corn.
! Weather-The weather map shows in
Manitoba and Texas rains, I'M Iowa.
Illinois, Kansas, Missouri and Ohio valley
rainfall light except in Ohio valley Low
nd
Higher in northwest. Showing this morn
Ing at Battleford and Winnipeg and at
Amarillo. Thunderstorms all over Ohio
valley. Showing at Denver, Colo Indf-
cations are for rising temperatures in
the Chicago district. In extreme north
and northwest 1t is partly cloudy, is to AZ