The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-06-28
Executor
THE GRAIN
wheat Irregular -Reports OF Damage 10
Spring wheat Corn and Oats Higher.


Spring wheat Corn and oats Higher.
Wheat declined here early and weakened
to some extent In Chicago after advancing
at first owing to some rather unfayorabie
| crop reports from the Northwest. The onn-
ing WAS lower on July owing TO liouinatlon
and higher on later months on reports OF
damage to spring wheat from rust covering
and light offerings. -.
| In tho early business bulls were somewhat
encouraged, not orfy byrepor,s OF hot weather
at the Northwest following tho rains hut also
by IN advance OF &c. in cash prices at Mime.
apolis; also by tho frmress OF corn ana
oats. Liverpool. moreover, advanced q
70 I'd: Berlin equal to 4 to &c. Parls
was &c. lower to Xc. higher. A Mexico. MO-.
despatch said; Heavy rains have delayed
movement Of wheat three eyeeks, Concordia'
Kan, telegraphed: Heavy rains have
knocked The wheat fat" Duluth wired;
Reports from South Dakota bad Brosseau
and Pringla were buying wheat.
A Chicago despatch said. All bear news
offset by rust and snow and drought In Ar
gentina," Broomhall reported Liverpool
firm on the American ncws and frmness OF
La Plata and Manitoba. Chicago sold on
Tuesday los, 900 bush. to milers besides the
zoe, 900 reported at Duluth. also to millors.
~. on ,hs lot other %h.i hand bsy nav have
been recently, we're reported favorable yes
tcrdav and South western quotations de-;
clined early in the day. Budapest declined
AGAR Of new ok!ahoms wheat sold at - Sc;
at =: Louis Chicago despatch s aid, "R Rse
ports Of rlif in the Southwest are greatly
Although SOM pnfayorable crop reports
reports also came from that section. Inc
news in regard TO the -four situation. too
Vas Vas Gf a sSynh,iau o 0ytet az B,s optdim saSs that nst ercp
favorable. The PRIME is dsGlared 4. TO TO be
expected from the present high condition
the weather will have 10. be exceedingly un-
propitious TO bring the ultimate result below
"A Winnipes special to Rgsssu,s H, VIZ, sa Nd
state Of the sr Sy n,. or nnd IS Slight 6rr da n re
crown ' IN ali parts, and wheat is headins out.
viousIy, There is plenty of moisture. The
general condition OF the crop is about two
weeks earlier than at Tbs date las, yesE;n
mills report slightly improved demand the
past week; but the majority could see no
chang ! ! . BUYERS Ssy are ,bsr 6e Saya 10 ana bav ,sk I hHur r
patents While clears are dui1l.' Holland and
rates have facilitated the transactions. Mill
mem ment as et TO feed d"f l. bearish. FARMERS de-
at Minneapolis, and Duluth.
In view of the strength Of corn and cats,
take the aggressive On the eSntrasy: there
the crop situation as a whole, is far from being
r%'or9tf1 at the Vest, The cles5aaces we're
40, 600 bbls. OF -four and IS 900 bush of wheat.
Thus far this week 81 900 bbls. Of -four has
s Sese l ssp9 %esf a nSA y Zoo Il ls 900 year In TIVE Whi hem of
sssinst 5000 thus far last week and $1,000
1000 bush, against lei 900 last year. and
the shipments. la7. 900, against lei.o 600
MSssrs, Peavey valentip e. and Logan 1ongaa a, we're
Minneapolis wired to Sidney c. Love 4
SS,I !, NGfth Is Tood 4. de IN 7 ce enf '@ oSer ~5 5siy;
No. 2, Northern, < 10 4 over. Outside mills
better bqyeSs thar the lo oo;l ones IN i Ehleya' or
H ~sea! 'ak assi IT.. W SasSS acts c os si sn01 have Ss
against flour sales. Any strength in Chicago
C CS%'ns a.fHinISi nst Of the Arm Grain Com
pany SAYS wheat can sell at 7sc. and corn at
t xfFs s SeaT.'s tide ssa AGAIN ana A Il ence" Of Outside %it'
trade is a detriment d!ncnit to overcome
minneapolis MlnnVuuDiS anu bululH nave
about all the wheat in the visible supply in this
country, other points waiting for farmers to
let 20 neW wheat. looks to me a. II the de,
rush. Stocks OF -four are at low ebb."
THE coRS SITUATION.
Corn prices opened higher and moved up
slowly. accompanied by q rather brisk specu-
lattion' The country offerings we're small
Liverpool advanced I'd. to I'd. Some
explain the advance BY just one thing-an
body has assumed ;hs' the crop is 70 be enor-
nous and that the price is toe, high. The
may easily t.rn oct to be big. but the
pefssloa az no, 70 be- deciieesd p' onhand. Some
who came to the conclusion that it could
because Of, the Arm cash prices.
Liverpool was strong owing to the bullish
advances from this side and a good demand
at the West is, one, Of the most important
of the bull points" On Tuesday Chicago's
ported and tn" receipts at Chicago, dropped
to 4ot cars The total primary receipts were
shipments of $4,000 bushels, against ! 1000.
are predicting smaller arrivals unless
prices advance further.
mission houses were. buyers, Msssrs., COM
stock, Friedman and McIptyre, We're sellers,
hs Th'GaSo bo %,ssa; rs SeSTiy an incl0 % the r. corn
light sales by the country. One house which
sent out nm advance in its bid OF ~ over
previous day received only three cars. One
house said offerings were moi large. Most
said practically nothing. There are !
n d%ications, here Of an export demand for corn I
to-day. Philadelnhis, largely ar. export mar
ket. has been hot after corn this morning. |
1t has been out Of the market since March"
THE oars FEATURES.
Prices advanced partly because the offer
Ings were very small. Commission houses. on
he other. hand. showed a disposition to buy.
bought early and Logan 4 Bryan
sold.
The strength NJ corn was also A bullish
The lighter receipts also had more
Dr. less e1ec.. Chicago got l4i cars, in.
IS Of contract grade. The total
arrivals were esq., non bush, against
non n wear ago. with shipments Of t7to oo
push. against 3's 200. Reports Of rains In Iowa
,ausei some selling at one time, but the
i nedd VAS renorteS 9p at ths a sood cash