The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-10
THE GRAIN MARKETS.
Prices Higher-ShOFts COVer-Oner inSs
Lght-Cesh Markets strong.

Wheat ended higher, mainly because OF
covering of shorts, light offerings ana nrmer
Liverpool advices.
In the early business wheat advanced, owing
partly. 10 the strong markets for corn ana
oats and partly 20 the strong cash position
Of wheat itself. Moreover. Liverpool ad-
vsnced !; to I'd, which, with the other factors
mentioned, had more effect than favorable
weather. big receipts and early indications OF
a onsIderab bic increase in the visible supply.
Vet l~iverp0Gls advance was nothing very
marked In spite Of a large decrease In the
stock there during the week and a good con-
%tlnen'al demand there for la Plate cargoee.
And Berlin declined 4 mark on wheat and
T. TO / mark on rye. Budapest 1eh IL
kreut2ers. Paris was 3 eentlmes lower to 10
higher and Antwerp closed unchanged.
later prices. following a recession, rallied.
owing to the early sight OF an increasing r
fessed TO fear that the Government report
TO be issued at noon to-day may be bulish
f fban " tss NV Y 2o as'' s, S%GsI dscr ress 81. So
bush. grhe Liverpool stock was PICS 600 bush.
against 2,427.0o0 a week ago,
st, Louis adrancedl &c, All the big western
There was talk Ola possible reinspeotion
OF the stock at st. Louis. which Accounts for
Bulls argue that the indications point to- a
considerable increase in the export trade.
and the faith, Of most people has been pretty
Meantime the weather was favorable:
week. az il turned ont later. only i4s,OOo, bush
against $4,000 in The previous week and
were larger than the, previous estimates and
this caused some selling at one time. some
look for Il favorable Government report on
THE West and the Northwest continued to
send reports of a good cash demand: put me
could very well be. The movement OF the
crop was on q liberal scale. though the com;
plete returns We're INC not wee received owing 10 oad
In the main, however, was q day OF
liquidation ON the short side, st. Louis was
made nervous BY the question OF reinspection
OF the stock there. ~
Messrs, Kidston, Kpeeland, Logan Ware
and Scott were buyers.
Corn advanced owing, partly 70 a rise
9 2anced marx. Moreover theirs Was brisk
buying at the West. The weekly receipts
at the West decreased eoO. 900 bush and I'D the q
Visible supply decreased 2.lsi 900 bush as
against an increase for the same week last
The, decrease in stocks was regarded as
a big bull point. The decrease ip the visible
liverpool advanced on. the news from
this side. Receipts OF late, have been steadily
decreasing, while stocks have been rapidly
The advance was held in check by heavy
realizing al Chicago. There was more or
less hammering. too; Pringle. Fitch 4 Ran;
kin were heavy sellers. Chicago received
only I59 cars, including 2 OF contract grade,
Messrs. Con gdon, Wells. Cudahy, Valen-
tine, Edwards and Bartlett we're sellers.
Pit traders were the buyers.
Oats were active at rising prices. partly
owing TO the advance In corn and partly to
the fact that Western rains will further de-
Law field work. Moreover. the visible supply
decreased 1853. 900 bush. against 1883, 900 in
the previous week and only 69S, 900 last year.
Chicago received 1885 cars. including 70 OF
contract grade. The Northern Grain Com
pany sold July pretty freely. Buckley was
Wheat ON the spot was duh. Sales. 5000
bush. No. . red. export. 3tic. over New
York May; choice. age. over; No. J. northern
Duluth, iI.c. over: No. l northern Manitoba.
9oc. Futures closed sc. higher. Sales, l zoo. 900
btsh priraa ne follows.