The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-30
TIE GRAIN MARKETS.
Shorts C~Oyer-Prlees Offerings
Light-CPOp Reports Favorable.

BIG1t-OPOp hN6DOTth aoaN'
Wheat closed slightly higher. owing in the
main to covering OF sho rts and an absence OF
selling pressure. Prices early In the uay
advanced, partly on the covering oil snorts'
though Liverpool prices declined. owing TO
LIQUIDATION and cheaper offerings OF Duluth
and Manitoba but becoming steadler later
on those by reason OF the fact that the oHer-
ings of Argentine wheat were very moderate,
Berlin declined 4 mark. while Paris was o
centImes lower to 8 higher and budapest
advanced I kreutzers.
The market" said one house. needs the
best possible kind OF support by the ou'ls'
II this il not forthcoming lower prices seem
inevitable"
One thing. however, that favored the bulls
was that the cables were not 80 weak az
expected. Liverpool fell z d.
But the receipts Of the Northwest were
large and the weather in the main favorable
while the crop reports In many cases were
not Of a kind TO gladden. the heart OF a ouli'
The speculation was q narrow professional
affair and at one time prices gave way unoer
a renewal OF bearish pressure and scattered
liquidation here and at the West lhefe
was n npt tn tRs Sery iTsTa.ion g. Y The M Nor tive |"
though some dispatches from Minneapolis
insist that the demand is slowly but surely
The cash. markets we're generally lifeleSs
and only nine loads We're reported sold Tor
export. The actual clearsnees. 100, Were
from the seaboqrd. making &c g, 900 S shipped igSd
thus far this week, against q. goo IN tne saIie
time last week and 5000 last year o Tn.de
bringing the total for four days up 70 3elo00
bush. against .784,000 in the correspondent
period last week and 50. 600 last year; NJ, nm
Then again the crop movement was not on
a scale calculated to make a bull particularly
yalorops. The primary points receivea 10 as noo
last year, while the shipments amounted 70
only 1871, 900 bush. against 2s2. 600 last week
and 22s, 600 last year. .,o .,o t.ror.h,o
situation of the wheat crop has been main
in circulation: Winnipeg and M%i me polls
trade. The Daily Market Record OF Mime;
apolis. figuring on the known movement ana
present stocks Of ,s spying S6Itb wasta A. essssiomoos . See
bush. more than in the previous season. The
Argentine shipments fol, the week we're est
l mste Week K and s,sis. 900 last year. .,
But after the sharp decline OF late there
was less disposition to press matters on the
rank and fe is still distinctly ,bearish. Some
OF the shorts acted rather timid. and later
in the day. prices again moved upward snd
ended higher on covering ana q lesseneu
After ali was said and done. however.
the net change for the day was Ess nG1 xS sGy
about the only buying was to cover shorts,
Wall Street interests are supposed IN some
cases to be stu G n9nnn e tho TO t the eu a f t6st'
there il nothing for IL but a further decline
until a plane is reached where q foreign de-
Bstnfls T she crop Pe a'! Seitser Of Of ts se@e i, 1 in sight
Messrs. Prinsle. Peavey. KIdssd9n vs and
sIdwell and Darrell were sellers;
Corn was firm. with Liverpool I'd, higher,
the receipts sma MSI,e 'h ise o sfgsIG,ea w aae
small and the weather was bad for moving
the crop. Bulls. too, seem TO nave a pretty
good grip on May, Chicago stocks are large:
due merely TO bad roads. but IL has its effects
for all that. especially as bears In many cases
fear manIPplation by well known Ts~aiD engage SeTe
4st' 900 bush, against $4,000 last week and
5000 last year. while the shipments were
sS S'q lSst S Sear, A SShIesso s1 a'SSei iSsd E us cars ars In:
Guiding IL Of contract grade. and expects 2o2
to-day.
ia Insisted BY some that all the cash t~ransac.
tions are not being reported. Cash prices at
the West were y TO &c. higher. An improve
at the seaboard markets. Moreover. the sea
board clearsnces were fair. amounting t9
81, 900 bush. against $50 600 last week and
'' Interior Ea e ior' oonditions, 1t is commended by
bulls. are such as viii prevent farmers from
making deliveries lot some tIHe 70 cone anu
they look for light receipts for the next two
Messrs. Bartlett. Kidston, Comstock and
the Nye-Jencks Company were good buyers.
Love l. Co. sold May rather freely,
Oats were firm with receipts moderate,
May easily sustained and considerable cover
Patten interests bought, and their long
line IL supposed TO, be intact. The cash
markets sssd Tses l n i and % & fair 'HMIPiP Fh sS dsm iisSt
movement stocks, at The stations have become
depleted, 1t is said, Meantime weather condi,
tons are not favorable for. the drying out OF
the fields nor for early seeding.
Chicago received lis cars, including 9 OF
we're a.. 900 bush, against t0s, 900 last week
and 4s3, 600 last year. with shipments OF $685.
900 bush. against Seo, 900 ast week a p sis1oo
against IS. 900 last week and none las, year.
Patten brokers bought, Nash, Wright d
Co. and Pringle, Fitch and Rankin we're good
sellers.
bush. for export here and at the outports.
2 red, export, &c. over New York May:
northern Duluth, Sc. over: No. northern
Mabitoba. sslIc. The Northwestern receipts
last year; Chicago, 4 cars. against last week
200, 900 bush, Prices as follows;
Open HIGH Lop- Clos- PREF.
s %siS:3 81 & 81 & q
Oats were quiet on the spot. Sales, 10000
bush. No. mixed, S5Ic;; N1, white Tipped
Is, 600 bush. No. 2, size; No. 2 white, 5?c.
Prices as follows:
open HIGH Lou Chs. Pres.
Mao 'Eg' 'MM 81 g. c1 Ss;