The Atlanta constitution., 1900-04-09
THE WHEAT MARKET

Cbicaro ApriI IA report was current On
change today that some influential longs M+re
ready to discourage their corn holdlhss- .nH
w4s an influence in the gram marke's' "iiei
were easier. Fear OF squeeze IA ii"s ,,
potent i'm the hog product pit. the close belll6
from, PIC improved in pork and lard 10 'Oc
higher in ribs May corn closed steady 9sd =
lower. MAY wheat weak 14m@sc down ana May
oats easier at a loss from yesterday OF sc.
Corn opened weak. but found some irleh -
e. :, concession of about I.c from yesterday
closing figures They held il up anu efdhuIilS
forced il III, a shade yesterday, Dut they
were not strong enough to hold the duNtI.-
tage. There bearish element d 49, -
i'm the Dit, and considerably einbolueheu py
the report that the heavy longs W.. W. -,
to reap their harvest OF proftS. DIout5i-' -
era bic pressure TO the selling side Ahtre 49,
thos.. who thought the market much 700 pIoa'i
To be influenced by single heii.y ~, "a ", III. -
o, ,.t-,n a ,.oteri. OF them. one student Of the
situation remaTkinE that the great -Aiiii - -
steer and hOg were running 10 corn . t'.la "a
son Some reports made current country ''t-
ctutances over night freer, while otei9 ssl'u
TN. farmers We're still disposed 70 keeD tllc
coarse grain in their own cribs i-iNeIil1oi a.
lower for futures but firm for spot iiditiul ,Ie
reported 200. 900 bushels accepted DE the
other side. Local exporters Ieporleu t'i, .y s.,
bids away out OF line Primary re- p ~ ,,c
GAG 600 bushels. compared with Sl0.OOO a
year ago. Atlantic port clearanceS W.Io VIZ d. d.
600 bushels Receists here were SoZ 'dtS-
Nav Opened u, To sc down to 397sa4Oc al
vanced 10 404-c and reacted 10 81 - eloSihS
steady asaI.c down at 39ssdfOc- TRADE was
active. al times but the volume Of business
showed the falling of from recent quantities
Wheat was dull and weak shorts had
their eycs on the actions of corn but the gen
erlI attitude was bearish- The cash demand
was poor and the supply on the floor SeneTaliE
over the demand. The market took a brace
following the opening the sympathy with
corn. but promptly weakened When me t4s
cereal reacted. The speculative trade was
light New York reHorted LOADS taken 10,
EXPORT Seahoard cIearauces in wheat and
flour were equal TO $50 600 bushels ri
mary r.-c-ipts were $50. 900 bushels, com
f,arcd with AZ 600 bushels at year ago. Min
neapoIis ana Duluth reported 463 cars. against
437 last week and $50 year ago Local re
CENTS We're ~ ears. none Of contract grade
Nav opened unchanged At 6681d 90 SC. de-
cIined 10 66ssc. reacted with corn to 6o'sc
and then broke To &c. n which the market
closed Sc under Yesterday
The. provisions market was firm and fairly
active in spite Of the grain tasiness and lower
prices AT the yards. y good demand frolA
packers together with fear Of squeeze I'm
ribs the supply of which is light were "a"
factors Interest was keenly centcred In My
ribs shorts Were very nervous May Fl1S
sold from STAT. 10 and closed loc over ycS-
tertlav at 81 O2t- May pork from s. 2 bI.-
n ? 82i.. closing 2iec up at Si2 20 and Ma
lard from So SPA 6 67ie with the close 3"
better az S6.65. There was considerable profit
taking throughout the session
The. oats market followed corn The specj-
lative market was tame. shippers being th-
principal SELLERS Local rcceiIts We're lIS
cars. MAY sold from 25024 a24ssc closing
tsc lower at 24Ric-