The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-13
- GRAIN MARKETS.
wheat Advanced sharply-ShSFts Cover
Cash Markets StronS-Weathcr Ou'
Tayorable-COrn n oars Fnrmer'

strong oash markets.. -
Morning prices for wheat were higher
partly ow ing to Arm foreign markets. Liver
pool advanced I'd. and Paris S centimee'
Moreover, the weather at the Northwest was
rainy, and this may cause smaller receipts
Unsettled weather affected all the gram
markets. Tho Cincinnati Price Current says
hat the season Is still backward. Conditions
have, II says, boon reasonable during inc
past week. but not In a full degree promol''e
OF agricultural progress and grown
Iiverpoors advance was attriDu'eu W
light Argentine shipments and smaller oneI
inRs OF La Plata wheat and the covering Vi
shorts. Tho undertone in Liverpool 10 CON
sldered firm. Berlin closed q to u marx
higher and Budapest rs kreutZers'
Later on the strong undertone OF the mar,
ket and the absence Of selling pressure causeu
many OF the shorts to seek cover anu pf1oo
advanced with a rush, not only here. but aiso
at the West. the Northwest and the SCUM,
west. In fact the shorts ueemeu
discretion the better part OF Vaior anu wv
cred with a free hand. ~
The covering movement was hneteneI.
too, by persistent reports Of an actiYe cash
demand. and while they lacked tuu con
hrmation they did not tend to aiagg ' cersainly,
the cash markets were strong: Sonse ia mot
an idea that all OF the cash business Is nov
Minneapolis advlees reported the market
strong there, with No, 1. northern two cents
over May. II was stated. too. that me one ed
that there was a disposltlon to buy on reports
that the acreage devoted to dufpm wn nee
would be considerably increased this season
Chicago reported a Arm and active oash
market and one despatch from there sac;
Five cars No; ? req }H qs1 S 70 fb al S SGi HTe1 wheat
section. The Southwest was a goqu Puyet
OF September at Chicago and the Northwest
sent buying orders. the
Northwest and this caused some covernns,
especially as the market, here and at the West
Eets win be closed until Tuesday next; nm.
we're s,,da':oG 1e looS lat sg ysar' and sdS since jan:
,Iary l., that country has shipped $500, Ooo
bush, against 1929 900 IN the same time
last Is IS season PS.h I aSa|ns shiP Zoo Sp iass year sse " s1d
1,224. 900 two years ago
The total primary reCsipts, m ne sfs ,eo6
S Tsss rs sssinsl 49, 5is 'dSo l s@0V week and nd 5000
last year, while the shipments were iairly
liberal at l95. 900 bush, against lfs.OoS lasi
cleared Clear a IL" Is. 900 bBls,' OF flour. against \, 900
SO, 900 bush. were exported, against So'ooV
last week and none last year.
on the other hand, il the cash market was
strong, the cash demand here at any rate
was about e. dull as It could 6c, yesS t %e poo 4e.
pooh the reports of an active cash demand
at the Western centres. The short interest.
moreover. Ia believed to have been materi-
The Northwestern Grain Dealers Asso-
citation In a preliminary estimate mace inns
seasons area in Manitoba and the Territories
4,5TI 600 acres, or an increase of 1871 per cent.
Argentine weekly cable reports state that
conditions continue favorable for farm worn.
somewhat better than officially estimated"
says the Cincinnati Pr,es fuTTssfn anv reports
from the Southwest here saying hat the Gov
eminent is too low in its wheat m
Int il was a day Of liquidation on the short
side. and the bears, ono started covered
is believed to have taken llaoe on the rise
the offerings. nevertheless. were readily
absorbed; SO sod u re- a1o Y& n1,s see s de%edd i sSbo
"stantiai net gain for the day.
Pringle vas a large buyer, ana n dbs sh 1sn saef
Der and sold July. Messrs. Lake, Candy.
Ware and Darrell were buyers. Updike was
Corn advanced. owing to rainy weather at
the West, predictions Of unsettled weather
during the next thi wiy, Sn ,n hGS ITS d. lnaled-
the rise in wheat. the strong cash situation
and small receipts. Heavy liquidation oc-
CURED on the rise, and this held the market In
The undertone. however. was generally
considered strong, and there was q noticeable
absence Of selling pressure Tor the snort &C.
delayed season and the reports OF an active
cash demand.
tablished. Liverpool advanced I'd. Chi
ca go received only ! car OF contract corn
out Of total arrivals there Of i I9s cars ear b, Inc
against 345. 900 q week ago and 100000 a year
ago. while the primary shipments were far
in excess OF the receipts, reaching a total OF
6s4,O 900 bush. against 1852 900 last week and
$4,000 last year, The seaboard cleared
299,O00 bush. against $4,000 last week ana
Valentine sold July. wrenn and the Nye-
jerks Grain Company sold May. Messrs. Hig-
gins and Jpdike bought, ,
Oats shared in the general strength and
advanced with shorts covering on the pros
poets of further delay in seeding by reason
of the bad weather, moderate, receipts and
decreasing stocks, together with reports OF a
As in corn, however. II was noticeable that
consid cradle long oats came on the market
and this checked the advance. Yet the
indnlqsd in was With f,rS great SH Caution. 'e' "N'
Chicago received 90 cars. Including ls OF
contract grade, The total primary receipts
We're 4ee. 900 bush, AGAINST 10000 last week
bush. against 5000 last week and 277 900
Messrs. Bartlett, White and Friedman
bush, No, 2 red, export, 3}Sc. over New
York May: choice. sac. over; No. ! northern
Duluth. l'.c. over; No. ! northern Manitoba.
cars, against 3O2 last week and l70 last year.
Chicago, / car. against 9 last week and ~
last year. Futures closed IA TO ] 20. higher.
Sales. 1000, 900 bush. Prices as follows:
Open Htes- Lon CLOS Pre-.
tho. est, est, inc. Close.