The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-05-17
Executor
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eWeggaes ltaRt 0ees Seetf NssssWfe
vines, scurd M m sdeancc IN coveHns "
ahests. hali Aispo'' heNt "He''nsa ~" WV
sssh mafnetsI
Inc ssSsrrs In sbset sastv IN me tst eas
AZ fI,s,, ~ ~ sba ~nneSpetled sfesiineae gf the
tivefussl mafts'. stronger efirrs ~ N,nne.
apella and ~ fouis ami lirhs feceipts N"t"
rain, too, IA fatd ~ heneeded w the Sdn'hNrr'
dasu,es ,hs rains NJ lave IN thaf serttsn Liver.
a,o, aarllNs,s onlv n Paris closed uachaaeed
II 10 higher on wheat ard euaai 10 :, 10 ttc.
90 aous thete wers fuesOta of . ssetleinens
~ Nav contracts In Cklceao These fsggtts
age alan denied some hotseea long ~ Hay
we,e edv,eloR sales ~ July There Waa
sood demeod from commission h0usea ana
nat q little locnl covering THIS, "th tepotls
that tha Northeastern shorts In May were
ashine unartsr. made the hulla NOR" conn"eh
than ever.
n,oomhaI cables that The speculative oTsr'
Inu Of nearby ops lone on Liverpool we're haht
MANY here hou eht on the drv weather w the
sonth west, the strong rash markets and lhe
rapid decrsase In Northeastern stocks ne
morris ~ hot. dty weather ceueed more or lees
covering In chicago and 81 Louis. In q mohIh
and . half the visible supply has decreased
L.0Oo, 600 bushels. ot ?. t00.OD more thah uui-
ing the SAME time last year. Bradstreets
figures on the visible" during the same ,ime
have decreased ~. 500. oOo bushels. or t''oo'ooo
more than during a like period last year "
shows a growing Independence OF Europe
We are using up The wheat ourselves,
Yet aome OF the continental markets were
weak. Berlin for instance falling equal 70 l''c'
and budapest equal TO &c. The position IL
20 some extent unsettled and more or tess
disturbed owing 10 the situation In the May
option. The prediction for the Southwest
was partly cloudy and cooler weather. with
sca,terad sho over throughout the entire dis
trict last night and to-day. - 49,
The cash trade here was ~llfeless and the
olearances from the seaboard were moi, en-
conraging to a bull. amounting, to 5000 bbls.
Of flour and i25, 600 bush. q wheat; Inc re-
s ssts,, are we're ,nt sss 'Sco fSu.h hne ms sHisi P I.ois."Go
time last week and 500, 900 last yeaI. while the
.s, looo Ias, week and sii, 900 last year
Bears contend that taken as a whole s,d tne
crop prospects, the world s over ond M sbst b serpGm
some unforeseen accident The, worlds harvest
viii exceed that Of 1905. which spproximsted
that much Of the. strength at, Minneapolis
must be attributed merely to buying mere
fol, shipment TO Chicago on NAY com oon.t bssS
filled the Mimi eapolis cash market will weaken
very materially. 49,.
ments fell rather fiat. In fact. many OF the
shorts deemed discretion the better part OF
valor and coyered with rot a LITTLE cel Prisyi.
Fitch 4 Rankin Logan. 4 Bryan and ring
traders were buyers. The selling was scat
The Nortnrsstern MiRer's report Of -four
output, with comparisons, was as follows:
v,D,...o,,,, .s,,.. .. 1 ISL 's .siS '. sss.Is ss's' 1850 yts;,
Sii%sss ss'i S;ssIi ....:, a:ssS ;s:aS . s,asS
Three points ...,.... as,, $50 sio,sso iss.oso
Consumption OF wheat as indicated from
A. E1rADntn o would he.
WV Last
A A,nss1 Ss'n;., s sa . =. e., I II .SSS i,isG.s$c ,.s 81 &c
I'M; year year basis ss.i: CT 81 = ! 4 81 81. OF q, wheat wsss' P Psr S SSi 81 OF s sSSr.
Estimated output at MINNEAPOLIS this week.
$4,000 bbls, The advance in wheat stimu-
lated Stsd i ma5s fer bSya fiSuT; wanted sna 'n Sosa at 'a od
L prevented business, NILS az MinneapSMliISi
s asedh + sa' pTi;oe sa' f Rssoe II 9s'"s az Mn GInnesp9lIs
i.sii 900 bush. around. made spot wheat
In sharp demand and caused decrease IN
stocks.
Corn advanced a fraction early in the day
under the stimulus OF the strength IN wheat,
covering of shorts. more or less bull support
belief that invisible stocks are heavy. The
Of Contract grade. Bears stiil show. timidity
which is not surprising. In view OF the small
he TSe OF ADVANCE was held T.. check later on by
pretty IIber il sales OF July and September
i q c Ri. { 81. T TSs e Ss%1 tTad from %or sss sno ws:
dull and bears point out that the total crop
movement Is Larger than "a c T year as FL aes spts
primary arrivals were 500 900 bush. against
only lei 900 on the same day last year. and thus
hwah against $50, 900 in the corresponding
,.d s%s !, Sish ss n es's sss e 's ss.S .Rl! gss;Sss
reduced their lines: The exports from the
.n af ssrti.st lo se2e t SE% 3 Messrs. warren.
Nicholson and kneeland were eeiiers'
THE OATS SITUATION.
Oats we're strengthened early In the. day
months. iisht offerings and bull support;
down ,s e 70 a low cbb by.the end Of the week;
Reosipts are smalies than many had sx-
expected there today; The total primary
: saes a we're sn as s $50 600 ou iast, S ssS.a Thi ie'; tSe
I H5l% 7ss!Scs $SsS:: sss Ss's s $500 'ia%sss''~' Week
'n 6h tss' 90 ! !efs : Sss%T' good buying there for
account OF Northwestern interests, The
SPOT market was active Additional bulltsh
Influences were the complaints Of insufficient
moisture from Illinois. Indiana and Kentucky.
THE SPOT MARKFTs.,
Wheat on the spot was quiet. Sales. $4,000
bush. No, ? red. export, 9sc.; CHOICE. Csc.
No. l Northern Duluth. tHe. over New York
closed 10. TO 10. higher. Sales, 1900 600
bush. Prices an follows:
optn- Htoh- Lou Clos Pre-.
M ,s + = x, *: ss
s sspS,cmber ....,.s y S% & sR So
Oats were active OH the spot. Sales. 500 200
bush, No, 2 mixed, s1c.: No. , white clipped.
sales, 1900 bush. No. ?, SOC; No. j yellow,
SIC: No. 2 white, 571fc. Futures closed 10.
10. Nc, higher. Sales. $4,000 bush. Prices as
Open High Lou. Clos Pre-.
s Hs,,z,:::::::s 4 K; e. e.,