The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-20
WHEAT AND OATS
EASY, CORN FIRM
Pretty Good Demand for July
Wheat Early With Prices
Firmer

CHICAGO. April 1s.-Excellent weather
Tor growth OF fail sown wheat crop was
perhaps the chief cause of weakness here
today In the wheat market. Heavy liqui-
1aiion OF May wheat was another bearish
influence At the close May wheat was
down Use July wheat is of Sc. Corn
and provisions are practically unchanged.
oats show loss OF IsGAc.
Wheat
Weakness in wheat developed during
the last half hour OF the session. sentI
ment In the first half being quite bullish.
AT The opening the market was infiu-
enced by higher prices at Liverpool July
was unchanged TO shade higher. at SSc
higher, at $1.55 to Sissy. For a time
July was i'm good demand from influential
traders, but offerings We're light. The
result was moderate advance, the prices
rising TO SS9s dSSIsc before the end Of the
iIrst half hour. Scattered buying OF May
wheat sent the price OF that option to
various sections OF the wheat belt had a
STRENGTHENING influence on the market
early in the day. Later a complete re-
Sersal OF sentiment occurred. the market
becoming decidedly weak Coincident with
me slump there was heavy liquidation in
the May option.
-, The general belief in the pit was that
the bull clique was endeavoring TO dis
pose OF part OF the clique holdings A
factor decidedly instrumental i'm causing
INC decline was a series of dispatches In
NtN1NAiS WI dDlt DEO8iGSS IN the uekel-
opment OF winter wheat. The Kentucky
state report stated that the growing wheat
plant was in excellent condition. The
Iowa state report announced a satisfactory
condition in general. Predictions of rain
lollowed by warmer weather I'm the south
west gave additional encouragement to
The bears An unusually liberal increase
IN primary receipts aided the selling
movement Several large commission
houses were active sellers OF July, which
as As result declined to size. Meantime
May sold off to S1.13Ss Just before the
close part of the loss i'm July was re-
gained ON covering by shorts. but May
continued heavy. The market left off
weak with May at SI.13ss and July at
Clearances of wheat and -four were
equal 10 l0O.SOO bu. Primary receipts
Were $4,000 bu. compared with 196. 500
6u year ago. Minneapolis Duluth and
Chicago reported receipts OF l4S cars
against l43 cars last week and 1S5 cars
year ago.
Notwithstanding the weakness of wheat
undertone. The chief factor of a bullish
character was a continuation of small
receipts Trading was exceedingly light
o5 We're the principal buyers. July
4assc to 475sc, sold between 47sc and
4d;sc and closed at 471kc Local receipts
were lOS cars with of contract grade.
Oats
. weakness OF wheat started liberal prof
II taxing In oats, resulting I'm a general
decline. Predictions of rain also had a
depressing effect on the market. July
opened a shade higher at 29.sc sold he
tween 2S2se and soc. and closed at 291zc.
Local receipts were AZ cars.
Provisions
Extreme dullness pervaded the pro-
visions market. Owing to continued
heaVy receipts of hogs, sentiment in the
pit was trifie bearish. At the close all
July products were off 219c. pork closed
at 81 17l9, lard S7.37I4 and ribs 81 200
Estimated receipts for tomorrow:
Wheat. 107 cars; corn. $50 cars; oats. 65
cars; hogs, %. 900 head
Cash quotations were as follows: Flour
easy. No. spring wheat. s1.05@I IA;
NO. 3. SlO04I.14; No. . red, 81 1855 a
:15A- No. corn. 471kc; No. 9 yellow.
4S!2c. No. oats, 30c; No. white, 2S2 "a
3l%c. No. rye, 7Sc. Good feeding bar
ley, 3!g39c; fair to choice mailing. 4l@
&c No. ! fiaxseed. 81 q; No. l north
western, 81 40. Mess Pork, per bbl ST. As.
M12 So Lard. per 100 lbs, 81 121A az Is.
Short ribs. sides Qoose). Sc S7j5 a 90.
Short clear sides (boxed), 81 OO6p7 12IS
Whisky, basis Of high wines. 81 %. Clov-
er, contract grade, s14 90 Receipts-
Flour. "A, 200 brls; wheat. 164. 900 bu; corn.
25f, 400 bu; cats, 12i, 700 bu; rye 1000 bu;
barley, 10000 blu. Shipments-Flour.
u, 100 brls; wheat. $500 blu; corn. 343,-
500 bu; oats. 126,4O0 bu; rye. 1.2OO bu;
barley, $500 bu;. On the produce ex-
change today the butter market was firm.
Creamery, 25M31c; dairies. 2342Sc Eggs
easy; at mark. cases included, I5Ia Gl6c;
firsts, Ice; prime firsts. lie; extras lSc
Cheese steady, 1871 Ollie.