The sun., 1906-02-04
THE GRAIN MARKETS.
Prices Advance ON Covering OF shorts
Colder Weather Predicted for winter
Wheat He'll

Profit taking on the short side had much
to do with the advance of about 4 to cent
In wheat yesterday. though the rise was
! traceable In part to covering by bears VINO
were nervous on account Of predictions OF
colder weather for the winter wheat area
This feeling was accentuated by the Modern
MiRer's statement of Friday and by the fact
| that the weather yesterday was mioer' III
any event the alternate freezing ana tha"lhs
| Is not likely to do the winter wheat crop any
good.
Moreover, the offerings were notlceably
light The short interest had became rather
swollen and the covering movement. once
started, soon gathered momentum
Then. too, the receipts were not excessive
and the cash markets. though quiet. were
nevertheless firm. and the seaboard clear
ances were on rather liberal scale. Vi wheat
a2O 900 bush. were exported. against 227.oOo
on same day last week. while of -four 10000
bbls we're shipped. against 10 900 week ago.
Illinois sent reports OF damage to wheat
in that State and the Southwest was buying
at Chicago. Leading local operators there
were buying.
On the other hand the cables were bcarish
Paris falling 10 to i5 SentmHe1,s BHdapos,
'hRTsa RToSRs 1S iheaBr oaBBied that Liverpool opened
On beTa bh sSpmens ro% s
and reports Of better weather in the Punjab.
as well as estimated worlds shipments ior
the week of II 200 600 bush. as against TO-,
iaO,O 900 last week and 8O32,0tO last year and
indications of a fair increase in tho amount on
passage.
The Australian shipments for the week d6
increased to 2,3?poOc bush. against l:ac4. 600
In the previous week and $4,000 last year.
e.41, M 900 BUSH. against s,9so.ooo in the CORE.
spending period last year and 5'e4o'ooo two
Rut ,rIiIe oeneral sentiment in the trade
is M be%s s tf%stA there vas as ALREADY intmatsd
.bnr sGs mfRy Ry 1
ABOUT the best Of the day. ,-.,-
Whether the rally will proceed any further. .h,e
reman to Pc o.s seen Many tnn
recovery in a declining market.
The total primary reeeipts were re- ~ GsS 600
against 3.5a3,OOo in the same time last week
and 2,4e9, 900 last year. The shipments were
9s oo mhsnS ast week and at
Corn was stronger owing to the rise in
offerings, covering, Of shorts. Wall Street
buying and some demand from commission
The seaboard cleared 1.ls2, 900 bush Chi
Monday The primary receipts were 900, 900
Oats. were stronger with wheat and corn.
The cash demand at the West was fair at firm
Chicago received 1884 cars and expects 244
on Monday. The total primary receipts were
4s7. 900 BUSH. and the shipments 62o,o 900. The
seaboard cleared 5000 bush, -.
The weather map showed cloudy conditions
deF4ees boM to J. aboTep h
Northwest it was partly cloudy; temperature.
10 to 4s degrees above. The temperature
in the West was 10 to ~ above: 1t was
partly cloudy. Clear conditions we're noted
In the Southwest: temperature. "a to 40 de-
Valley was 1 to "a degrees above; 1t was clear.
Wheat on the spot was dull. Sales. 1900
bush. No. 2 red. export, &c. over New YORK;
May; No 1 northern Duluth Sc over: No.
northern Manitoba, 9?c The Northwestern
receipts were 277 cars, against 27o last week
and 23l last year: Chicago, i3 cars. against
81 last week and last year Futures closed
4 to Tc. higher. Prices as follows
Open High Low Clos Prev.
N.S............ san eois saA aos, sSlt