The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-17
CHICAGO CLOSING QUOTATIONS.
THE GRAIN MARKETS.
wheat neutrality-suspicious. Small De-
crease in Visible Supply-COrn Higher
N Coyerine-Oats Easier.

Wheat closed lower owing to liquidation
here and at the West. owing partly to a ais
appointing visible supply statement ana
partly to favorable weather and crop re-
ports. Bears, of course. helped the sellers
TO liouidate by hammerlng rather vigorously
at times.
Early prices were lower, owing to bearish
crop accounts from the winter wheat area.
fair and mild weather in all sections OF the
wheat belt. reports that farm work Is making
good progress at the Northwest. liberal
receipts and the sluggishness OF the oash
trade.
No news was received from the foreign
as they were still closed in ooser-
vance Of the Easter holidays, The North
western receipts were more than loo cars
larger than on the same day last, year. me one
total Total ppim ninst t tss 'o5o last R'T wees and $4,000
last year. while the %shipments were llght ai
242, 900 bush, against 100000 last week ana
E'Y But the iSs' Bears ears, did not have entirely plain
sailing. later on prices rallied owing TO e5o
peG,ations Of a 1 goo d. sazed n aecee or less ss new
bmying and also induced many OF the pears
TO reduce their commitments. Cash markets.
despite the dulness. presented a strong
Moreover. tho worlds shipments were
smaller than in the previous week by 500 Soo
sseaboard Cleared 30, 900 bbls. Of -four. against
900 last week, and 5000 last year wniae 81
wheat lUD UNI DuH0 WE'RE aboAiioN
isi 900 a week ago and ? o.ooo a year ago.
The visible supply statement; however.
was q disappointment TO ! OF a lev OF oo tnS
bammerins prices weakened and, declined:
The de &c e, eoN was 9 yo on1y go 1of'o'o ou'n'' against
General sentiment, in the trade IL bearish.
owing to the favorable ed Prep ,Gs situation uiSesS ~ n ne
cash markets, and the idea of many last night
was that a further decline In prices was prob
able unless something should hsppep 70 tne
buying. Neither of these things is in sight
at the moment. -
This applies not only to wheat. but also 70
-four, the demand for which continues light
MessTs; kpeeiand' KiGs,on soi ana fo'en-
weather for farm work, May showed the
shorts mort S} IL 4Sat' o oHios and f' msnipSlstions By
leading Chicago operators, There was more
or less commission house buying also. and
Bulls were favored, too, BY continued light
receipts. the strength Of the cash markets
supply, as well az the fact that the worlds
shipments were about 10000 bush. smaller
than In the previous week,
contract grade. and expects l72 to-day, The
total primary receipts we're only $40 1900 bush.
afdIef the ss sh EES lssS S ran up to I,,ics.5oo bush,
against 1913 900 last week and 1872 900 last
year.
ports from the seaboard were relatively
small. amounting to only ls9. GOO bush, against
t tb, ocG last s Teek ana 1sS S2;vS% lss' ON yea ncoo Snt
Of the small receipts and offerings and many
Of them covered.
Creighton ssis1s, o1 sioEkiel and LuGfeHs bought,
Messrs; Prlnsl e and Hellrnen sold $50
of T% eo2n plaRtsd It k ssoT ' this y sas % sfFi's ese
coed last years plant by 10 per cent, There
il. a big increase in the irrigated section,
where the yield averages over eighty bushels
One firm said, The fact the season is
growing late &C. u S ThiGh the ffhr arr sni can prepare pare
time to make deliveries OF corn, Field work
IN the spring cannot be postponed: AZ shown
last year were not OF importance until in June
and July. 1t Ia remembered delay in farm
work was the reason so little corn moved in
corn, Price now ruling is one never made
arising from the fact there is so little grain
between the producer and the consumer.
Europe Is looking elsewhere and finds a favor
month shows little export attention, New
sales are small and infrequent. Two reasons
stand out to explain 1t. Corn is scarce and
dear"
Oats sasSed under thu, depressing influence
Of favorable, weather for farm work, the
ton and bear attacks. The decline was held
in check TO some extent by the frmness Of
corn, strong cash markets. reports OF a good
cash demand at the West and a decrease OF
SOS 900 bush, in the visible supply statement.
.Chica go received 1873 cars. including ~
Of contract grade, and expects 1888 to-day.
The total primary receipts were cas- 900 bush,
against s27 900 last week and adj 900 last
year, with shipments OF e57 900 bush, against
$50 900 last week and $4,000 last year.
Reports from the West indicate that fair
progress Is being made In seeding operations,
although less work has been done than usual
at this time in the season.
Messrs Armour and Rosenb1um were
sellers. Undike bought Sentcmber.
Wheat on the spot was dull. Sales, 5000
bush. No. ? red, export, 3I!c. over New
York May; choice. 3!,c. over; No. ! northern
Duluth, &c. over; No, / northern Manitoba,
oihc. Futures closed &c. lower. Sales,
/ 200, 900 bush.
OPEN High. Lou clos pr,r.
ne. tH. sn. ing. Close.
ss1S, ..,.. ssh ssSNs s& ST. ~
Oats were Arm on the spot. Sales. IL. 900
bush: No. 2 mixed. 30nc.; No. 2 white. S6Xc.;
No. white, clipped. Sokc. Corn was dull