The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-23
TEE GRAIN
PriceS Advance, with Shorts Covering
Offerings Light.

Offerings Light.
Wheat closed higher owing for the most
part to covering of shorts.
After some momentary depression prices
early In the day were higher despite favorable
crop reports in the Cincinnati Price Currentand
the Northeastern Miller. reports that snow
covers most OF the belt. the dulness OF the
export trade and smallness Of the speculation,
a decline of I'd. In Liverpool, i mark in
Berlin and 10 kreutzers at Budapest.
Shorts here and at the West were covering
and the offerings were far from burdensome.
The strength Of corn and oats was not without
some influence on wheat. Then. too, the news
from Argentina was to the effect that the
quality of the arrivals was much inferior
TO last season's crop and the shipments from
at ; 200 900 bush against 80, 900 last year
The cash demand here continued light, the
Snd the so osTS %ss sd 5fdTS az chfc;a tRe AZ NS one tI@s
and the Price Current said, that the winter
wheat crop was not notably changed from
In the main, however. the tone was firm, and
the final prices were about the best Of the day,
owing largely tc liquidation OF short ac-
counts. ...
The seaboard clearances we're larger. or
wheat 800. 600 bush. were sent out against
Week Week and Dd's 81, 600 Se'I last S'e yesr. AfS,V total 'i primary isSS
receipts were sel 600 bush: AGAINST as; 200
2i;,SoO last week and 2a7 900 last year:
NoTthgesisY" Miller representatives as to win
tsT Wheat &c crop sTow summaries 1nnn1I1 oSar are: 4 K snti1s
Snow general over Ohio and Indiana, and has
Snow covers wheat: Conditions 60 ,favorabIe.
Messrs. Cudahy. Darrell. O'Brien and Knee
Land were buyers. Messrs. Bartlett, Ware
Corn advanced owing to small receipts, re-
ports thst Armour has transferred 1000 600
sHd lint e S affsr {4 July E Tiselp sas d lsst fsT ID days
Chicago received i4s cars, Of which none
graded contract The receipts there to-day
last week and 1000 last year; shipments,
81 81, .SSo o iasR y Ssnln't Tb tss' goo sssb lss1 week sIea snd
IS 200 bush. against 1885, 900 last week and
1888, 900 last year.
Sterling, Kidston, NGpd!Se and Nichols T were
sellers, Messrs. Pringle and knight were
0ats. were frm. with light offerings and
talk OF a possibility of a, squeeze in May. III
which there was Q good deal of covering.
r i ifk sffsd tn e. f redIue it + said for some reason
Armour brokers bought oats. The offer
ings were light ard a somewhat better cash
seaboard cleared 5000 bush. against 1875 900
last, week and none last year. Il
SllCdRo IeCtlNel. 100 cars, mCluOlnR ol Vi
contract grade, and expects 1874 cars to-day.
The total primary receipts were 40s, 900 bush,
against 425 900 last week and 55e. 600 last year.
while the shipments we're SOC 900 bush. against |
500 900 last week and SAP 900 last year.
Advices from the West are that the senti,
ment In Minneapolis in favor of increased
grain commissions is steadily growing. Mil
waukee. II is understood. has voted to increase
s to the Chicago basis. The action |
at Milwaukee is possibly due to a desire to
head. on an amendment recently proposed
at Chicago forbidding any member. Of the
Board of Trade, under penalty OF
dealing In any other Board of
Trade using Chicago warehouse receipts
for delivery.
Wheat on the spot was dull. Sales. $4,000
bush. No. 2 REQ, choice. 1Ac. over New York
Manitoba. s74c. The North
western receipts we're 2e2 cars. against 255
last week and 800 last year: Chicago, 1,
against last week and Is last year. Futures
closed hc. to &c. higher. Sales, 1 900, 900 bush.
Prices az follows.