Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-04-27

livery sold here today at 81 cents a bushel
brcak OF "A cents from last nBnt
closing quotations. The slump was que
To renewed liquidation by scattered inter-
ests. Influenced by a SHARP decline az
Liverpool the market here opened weak,
with May OF IA to 81 at So'e 70 " ee1It7,
July was down Is TO Is, NJ wa 10 co. ! NV
weakness OF the tuture dtlNelle9 Mas
partially due to excellent crop eonulu1i, ,s
I'm America, Soon after. the openlnS th9
price Of May dropped 70 ~ rebound
10 80 cents was followed by another I'M
provcment on covering by .snults, tlo
price advancing to 3lsgS3h, Minneapolis,
Duluth ana Chicago reported receipts VI
l13 cars against q year ago -..,..
Sentiment In the corn pit was bearlsh
partly In sympathy with the weakness
Of wheat and partly as result OF wvMSr
prices at Liverpool July opehed i 10 y
cent lower at ijSs to i5is, but rallied some
what on scattered buying, the price ad-
vancing to i6Gi6s
July oats opened a shade 70 4 cent
lower at 2slg to $50 2S3i and sold az 80.
Liquidation Of May PORK was feature
IN trading in provisions July PORK was
on 5p7la cent 70 i2hl5 cents at l2,2'1s to
Lard was on IA cents at i9Odl .22bG
Rbs-were down 2lsl5 cents, at 7V''2g
Cash; whcat-No. 2, red, ood9?; No 3;
asst; No. /. northern, Wa9 No q north
ern Sass; No 3, spring S9Q@,a,.
Corn--No 2, 48l9a4l; No. 3, b29i66
Close; Wheat-May s.; July 81 sept
,,tte 5i5; sl, "a "a, May 'ca'a'' july
'' 6ats@MaS $s July, 2s7sj Sept, s ss3.
PorkMay ll.92A; July EZoi sept"
IL ISrd-May 7oas; July, I?5; Sept, 40.
Ribs-May. 6S2is; July, LEE; sept
Rye-Aprn, 70, May, 70; Sept, 90,
FlaN--Cash, northwest, Lao. -.,,
Timothy 200 Sept 3.DaS'oV'
Clover-AprL 1916.
Barley-Cash, iOQS.
The slump was due 20 number OF
causes. A severe decline at Liverpool ana
weakness In the Minneapolis market
formed factor in the situation, but
perhaps the most powerful influence was
a rumor that hig line Of May Wheat
was being held on small marsalns an
was likely TO be thrown over AZ any mo,
ment. The volume Of trading during the
session was enormous, +. a. valentine
of Armour & Co, supported the. marker
openly at times, but general sentiment III
the pit seemed TO be that he was a largo
On fresh profit taking the price Of May
dropped to sG2,, but a quick rally 70 "
non occurred on buying by shorts, Dur
ing the remainder Of the session the mar
ket for the May option was comparatively
steady on increased selling July declined
to S2LaS23s, but later ON covering ad'
yanced TO S3L The close was quite nrni
July was 0ff a at N3, and May 3A AT "
Corn-The market rallied on covering by
shorts Final quotations on July were W
La2s at i6AsQi3lg
At $50. the price reached the lowest
point OF the day which was about 3;
cents under the highest mark reached
during the recent bull campaign and
nearly ~ cents under the price where the
heavy selling Of the Gates holdings began
"A week ago. A recovery Of about a cent
was made later on buying by shorts and
| during the remainder Of the session the
market had a steadicr tone, price tuctna'
| lions being comparatively narrow. ThG
| close on May was at S cents, net de-
| cline for the day Of 3A,