The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-04
PROVISIONS AND
CORN ARE STRONG
All Speculative Commodities
Opened Off, but Soon
Turned Strong

CHICAGO, April 3.-Oficial forecast Of
freezing temperature in Kansas and Ne
braska strengthened the weak market
here today. At the close July wheat was
show gain of nc and provisions made a
net advance of zoe to 25c.
Wheat
At the start weakness characterized the
trading in the wheat pit, initial quota
tons on July being down sc to sc. at
news was bearish. Prices at Liverpool
were A@3zc lower, chiefly because
worlds shipments were larger than ex-
pean spot demand. The foreign market
was partly influenced by continued ia
Vorabie crop conditions in the American
well in the hands of local bears was the
report of large receipts OF wheat at Min
neapolis and Duluth-arriyals today at
diction had been made that the first re-
ceipts in April would show a material
decrease from those of year ago In
fuenced by the large movement of these
two grain centeTs. longs offered to sell
quite literally both here and at northwest
ern markets. The principal bear factor,
however, was continued fine growing
weather in the west and southwest.
Sentiment changed suddenly on an official
prediction OF colder weather throughout
the west with freezing temperature in
Kansas and Nebraska. Actiye covering
by shorts caused a quick advance. July
selling to SSSc. Some damage reports
to encourage buyers. The market held
firm the remainder of the session, July
closing at SIS dSSc.
Clearances of wheat and -four were
equal to $4,000 bu. The amount on pass
age decreased 1,544. 900 blu. and the visible
supply decreased 10000 bu. Primary re-
ceipts were 705.S00 bu, compared with
ofb,OOO Du year ago. Minneap polls, Du-
luth and Chicago reported receipts of $40
cars against 34S cars last week and 41S
a year ago.
Corn 49, =v4
Considering the number of bearish in
f1uences that affected the situation a
comparatively firm tone prevailed in the
corn market Early I'm the day the mar
ket was rather weak, influenced by a ma
terfal increase in worlds shipments and
by liberal local receipts. Weakness OF
wheat also had a depressing effect. Shorts
covered freely on predictions of cooler
weather and the market soon became firm.
July opened sc to &c lower at 47@47hc,
sold up TO Az 447hc. and closed at axe.
Local receipts were $50 cars with IS cars
OF contract grade.
Trading in oats was fairly active Fol-
OF other grains. the market showed con-
siderable firmneSs. Elevator interests and
shorts were the best buyers. July opened
a as shade to Do a. &c lower at 2shq2sSc,
Local receipts were 1913 cars.
Provisions
More interest was manifested In provi-
sions than has been In evidence for some
time past On active support from pack
ers the market became decidedly strong
after an easier opening. resulting from a
decline In the price of live hogs. At the
close July pork was up 25c at SO. e7h
Lard was up 20@22kc at s7.35. Ribs
were 25c higher at 81. %.
Estimated receipts for tomorrow:
Wheat, SO cars; corn, GAL cars; oats, 20
cars; hogs, &c, 600 head
Cash quotations were as follows: Flour
easy: No: spring wheat. 81 .0S al. u; No
3. 81. O0@1.11; No. red, 81. 12A al. Is.
No. corn. 47kc; No. yellow. AK C.
No. oats. 2s% @2s%c; No white. 32kc:
No. white, 2951 @31hc. No. rye, 7shc:
Good feeding barley, 37G39c; fair to choice
mailing, 46lz Q47c. No. ] ffaxseed, 81. "a
No. 1 northwestern. S1.3S. Mess pork
per brl, So. 70q12.75. Lard per 100 lbs
s7.071z Q7.10 Short ribs sides Qoose)
Sc. S71z al. 12h. Short clear sides (boxed)
90 80 G6- S11z Whisky, basis of highwines
81. %: Glover, contract grade, $14. 90
Receipts-Flour. 20.S00 brls; wheat. 81
400 bu; corn, 576, 400 bu: oats. 247, 700 bu
rye, 1000 bu; barley, 94.I00 blu. Ship
ments-Flour. $4,000 brls; wheat. 17,i0C
bu: corn, Ole, zoo bu; oats, 2S9. 400 bu; rye
$500 bu: barley, IA 200 blu. On the prod
uce exchange today the butter marke,
was steady; creamery. 2262Sc; diaries
20g2oc. Eggs steady; at mark, cases In
cluded, Ice; firsts. 16c; prime firsts. lie
extras lsc. Cheese steady, 12@13hc.