The Saint Paul globe., 1905-04-29
CHICAGO QUOTATIONS

ers of yesterday which carried prices on
little the demand was soon checked
and the market turned upward for about
three quarters of a cent. Prices see sawed
back and forth around the opening ngure
up to a short time before the close. when
| the demand became more urgent and as
offerings had dried up, prices advanced
sharply, closing at about the pest ngure
for the day on all options. Trade in the
main was of a Scalping character among
the professional operators, although some
buying of a very good character was no
ticeable. Some of the more conservative
of the traders believe that the decline has
gone far enough for the present and are
advising the purchase of both July and
September wheat on any setback from
| present prices. With stocks decreasing as
| fast in the future as they are doing al
present il will leave US with very small
supplies by the beginning of new crop.
Our stocks are now over 100000 bushels
under what they We're for the same period
year ago. although the proportion Of
contract is larger. owing to the high price
prevailing for this class of wheat.
May wheat opened up &c at $3.50, rail-
lied to 941sc. reacted to 9324c, rallied TO
and closed at 951Ac. July opened at 800
92Ac, reacted to 91Ac, up to 925s @92ssc.
reacted to 915sc, rallied to 93Ac. closing
| at 1915 @93Ac. September opened at S1ssc,
sold at 81 1sc and closed at S15sc.
Receipts. 81 cars, against IL a year ago;
Duluth, g.. against none; Chicago, 65,
against 8; Kansas City, 81. and St Louis
$4,000 bushels. Clearances of wheat and
flour 10000 bushels, and for the week
1,26OOO0 bushels, against 1,01S.000 bushels
els, against 900 bushels: shipments,
$4,000 bushels. against 126,000 bushels.
Argentina wheat shipments for the week
We're 3,040 000 last week 832, 900 bushels
last year 3.424 900 bushels
Liverpool wheat closed I'D lower to
1sd higher. Berlin and Antwerp un-
chahged: budapest 2c higher Paris wheat
and flour 10 centimes lower to 8 centimes
| higher.
Modern NIiler-Under the influence of
warmer weather and plentiful moisture.
| the winter wheat has recovered from the
| unfavorable effects of low temperatures
| and drought Present prospects are ex-
| cellent, pointing to a yield of winter
wheat of AIS. 000, 600 bu on the acreage
under cultivation.
Broomhall-The wheat markets in Ar
| gentina are now weak. owing to a poor
| terror are only moderate. but the supply
| continues to give satisfaction. The
| weather conditions are now favorable. The
| corn market became stronger in tone
| under the influence of continued good
| export demand. Arrivals at ports are in
| creasing while the conditions remain sat
| iSfactory.
| Liverpool -Wheat-The continued mod
| crate Argentine shipments and the large
decrease in Argentine visible caused a
steady opening, with prices I'd higher.
months eased off I'D and the distant 4 d
| on lower offerings of American spring
wheat, but towards noon May reacted Il d
| in sympathy with fair spot demand
Corn--Affected by the closing firmness in
| American markets the opening quotations
\ were I'D higher. and further gains of ia
| and Ad followed as result of good spot
| trade.
Weather-The weather map shows gen.
eral rains in South Dakota, Minnesota,
| Nebraska and Missouri. Local rains in
| Iowa and Manitoba. Showing this morn
ing at Swift Current with precipitation
%. raining at Huron. S. D.. and Sioux
City, la. The heaviest rainfall was at
! Duluth, go. Generally cloudy in the
| northwest and Ohio valley. Partly cloudy
| in the west and generally fair to clear in
the southwest with highest temperatures
| of the season; 40 at Oklahoma CITY and
Springfield, Mo. In the extreme north and
northwest it is partly cloudy, % to 81
| Preclpitation Winnipeg. .04; Qu'Appelle.
.OS; Swift Current .54 and showing. The
Precipitation: South Dakota, .O5 at Rap
Ia City and .O6 at Huron and raining;
Minnesota, O2 to 90 West and south
west, partly cloudy.
Forecast: Illinois. Indiana. lower and
upper Michigan-Partly cloudy tonight
and Saturday with showers and thunder
braska, Enthusiastically fair tonight
and Saturday; cooler tonight Iowa
Showers and cooler tonight; Saturday
lalT: Ia Mlssouri-Showers and thunder
| storms and cooler tonight; Saturday fair
and cooler. observation-disclosures and
thunderstorms tonight with showers in
| east anu cooler IN southeast portions;
| Saturday fair and cooler Minnesota
Partly cloudy tonight, with showers in
| east and cooler in southeast portions;
| Saturday fair.
Closing Cash Grain Prices
No. l hard, $1.O0; No / northern. CSC;
| No. northern, 941a 6961hc: No. 3 wheat
| S1A2 2@9Oac; No. L durum. 277sc; No. 5
yellow corn, 44Ac; No. 8 corn, 43Hc; No.
| 3 oats. 261sc; No white oats, 277sc; bar
ley, 37@4$c; rye. 52Ac@74Nc No: i fax
J on spot, $l39%; No. ] fax to arrive,
Sl.S9%; No i flax, April option, s1.39a4
Puts and Calls
Minneapolis July wheat puts. 92hc:
calls, 94Ac; curb, 93Ac. Milwaukee july
wheat puts SSc; calls. S3%c; July corn
| Minneapolis Receipts and sbInnents