The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-22
THE GRAIN
wheat Quiet With Marrow Changes-Corn
and Oats Advance, Then React
Weather Favorable.

-WentneF FaNOrhDie'
The trading In wheat was on q smaller
scale, with narrow changes In prices. Az one
time early in the day u small decline TOOL
place, owing to favorable weather and crop
reports, scattered liquidation and the mar
rowness of the speculation. The Northwest
sent reports of rapid progress In seeoihR
and the -four trade reports from that centre
were as gloomy as ever
The foreign news, too, was oolorless. Liver
pool declining I'D. to "a. and Berlin y
| to * mark, while. Paris rose 5 centlmes ana
Budapest advanced 2 kr. The Australian
lpmen for the week increased TO sou. QUO
bush. against 800 900 last week and s2d 900
last year, while since January 1 the total
amounts to 10, 40, 900 bush. against 1904 900
In the same time last year. The conditlon
OF the crop In Prussia 70 rs per cent, against
the same last year.
Broomhall estimates the worlds shipments
for the week at 1900. 900 bush. He predicts
some increase in the amount on passage.
Leading interests at the West were supposed
to be selling not only May but also july ana
September, though of course on anything but
a large scale. The impression is gaming
ground in some quarters. however, tnad{
peeid for When deliverable on contracts. The
export trade was as dull as ever, uottsrs
YET there is no d dis ; ion , to R5esii % faveTs
sluggishn9ss OF the flour markets. and later :
on a little , S0Der ing Of Of s shS @sr rMRaf'eu d
The receipts continued on q light scale;
The Northwest received only i5e cars. against
SOS a lo Ssek af For s a soo oSi sized Z ae Decrease HsH' in The
| visible supply statement on Monoay: d y
cash markets we're Tss all ls fT% ana a. a ts ee0%S -e aS.
while stocks at Minneapolis decreased lso'ooo
bush. -o hov-
ever 81 ~S VIII n The Sesneraiity OF the trade dis
posed TO await Further developments. espe-
eialiy as, regards the May option. before Ell, max M
Ing fresh ventures on an extensive scaie on
Messrs. Bartlett, o'BTlep. the , P Pssrs y.s dEsin
COMPANY He lin a AND L ahd 9bo Ms5e sewer, we're
my jud gment, said Oscar x, Lyle, =" Gon In
WHITE last ap season NJ the price els Is much lower. and
looks cheap; but in n, the feS WSs1 o. We pr come en 70
regard the features that make Prices We see
a great differences; 90 greet In 4 Is9 a,,,s ~ Gop-
s%sitq base T @uoh wheat iHr tn Sn Soai Snd III large stocks
Of flour. Abundance In supply. 70 q pearlsh
{sStor. With q good cESp . g st5o ing p nsw
grain and in which, to sell freely from our
exportable eurplus in ~oompetition with free
one SffsFj ms{e1 iFGm sd Stass f f%SSposssfSfe. We ssp esGsifiS
as we continue to hold our wheat ABOVE iO1t
eign consideration. Only. a orop. accident
aDDtdTS CdpdUlO vi "HN
Corn, too. was quiet, with narrow fuotuS-
tons Early in the q DAY a ema aSo afasa and con- con.
tinued small receipts. but later 2p seatte[eo
liquidation caused, a setback. Inc weaver
Vest IL Was reported ouieter. Chicago received
90 cars, including is Of contract grade, A
liberal decrease in the visible Is expected on
The SRosenbaum Grain Company bought
July. Cash and eommtssiqn houses Tere
Warren. and the Nye-Jenks Grain Company
One, house said: The May option in Chi
decrease In the available supply and llgnt
arrivals from country points, 1t is reGosr
and the consumer. and, with farmers too
lessen still more before increases are probable,
and that receipts viii be large In June and
July. Last ear we had a wet May and
f In June h f%oilo 5sfeiP's receipts oe oa'' were ii. WIS. go.
and In July 10. $3.50, 900 bush.
"Th ere are good reasons for a better move
ment In June and July this year. FOR one
thing We have more corn, and it Is probable
that the weather in May viii be more fsyCr-
a mulch th Uopn In to lat Esr Sesr' A Ms aFs ms Is I s@seiFsed
Of corn abroad i largely q matter Of prices.
induce foreign buyers to take it freely.
in corn this year. we nave nhu tuht iuteT-
ference in planting two seasons past the area
fell under farmers brIea {5s,ol 1t may s not
for much in liberal planting. All we want
is weather admitting i: Present enttb price sba is
NAV appear a good speculative leyel for
short selling Tn average price OF Nay m
July, 47}tc. and September. %71so. These
averages were made in some seasons OF high
corn from the shortage In, 1902. We see no
fit comparison in the conditions now exist
ing with those SO influential In high prices
Oats we're dull and featureless. Prices
fuotuated in ompany with corn. The
weather continued favorable for seeding
and the cash markets. though quiet. were Arm:
Chicago received 1928 cars, including 20 OF
contract grade,
bush, No. ? red, export. sHc. oyer New
York May; choice. SIC. over; No. 1 Northern
Duluth, 3,sc. oyer; No. Northern Manitoba.
SsG Futures d6o SSiSosSSe closed p prIhss gee &c t t9I6S; higher
Open High Lotp- Clos PrsV.
ing. est. est. tno. Cioss.
Nav S8 It S7i HN 81 S6{