The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-05-10
rHICA0O CLOSING QUOTATIONS
nj 6RlTV
wheat and eats tirnseF- weather Cent
shorts CoVer-CsPn Heavy.

wheat closed N On advance on unfavorable
weather. light receipts aud offerings and
covering Of shorts, Wheat advanced OWING
largely 10 cold weather NJ the West. pretty
steady foreign markets and small receipts &C
tho Northwest The offerings here we're
small. Moreover. there was a certain ner-
vousness among the shorts In MAY. The
Michigan state report gives the condition NJ
IS. the same "a last month and ~ per cent.
lower than a year ago. Broomhall had
advices from India that drought In the Gavin
pore districts Ia affecting native food crops.
He Cablcd that the Liverpool market had q
steady undertone, with a scarcity Of good
wheat.
Moreover, the Chicago TRADE BuHetiH states
that the European visible supply. including
Argentina and Australia. on May 1 was o.
07t,OoO bushels. against 95.o34. 900 bushels
last year. The decrease In April was 4,50t. :
900 bushels, which Is large. although the de-
crease in April last year was e.tsO. 900 bushels.
Liverpool was I'D. lower 20 I'D. higher.
There Ia still talk OF an early settlement OF
the Lake strike.
There may be som ething In IL, altbou Oh
yesterday Wednesday, il was announced that
last week was the day on which il was to end.
Minneapolis reported a good demand for cash
wheat and a decre8se in the stock there for
500. OOo bushels. Early in the day Ware 4
~ 10 IN ANU - ~
Chicago. Budapest advanced equal to
&c. Paris closed quiet and unchanged,
Frosts occurred as far south as Msso uri.
The short interest. IL Is still insisted. is large.
But very manv held aioof from the trading,
preferring to await the Government report
of to-day. II will show the average condi-
ton Of winter wheat and rye and the area
Of wheat winter killed and alb andoned. Ber-
lin was unchanged to &c. lower. The st.
Petersburg official ga sette says:
The condition Of winter grain In central
Russia is good In parts excellent.
One firm said: The Government report
will probably show an Improvement Of two
or three points. but that will not he'll out the
shorts in Nav wheat. As long as hol ders OF
cash wheat refuse to sell they certainly hold
the key to the situation both in May and
July"
Warmer weather was predicted and
later in the day some reaction from the
best prices took place. with some recent buy
ers taking profits. In the main. however. the
tone Of the market was Ar mer throughout the
session.
The receipts were smaller. the total primary
arrivals being ieo ,oon bush. against $4,000
ments amounted TO, $4,000 bush. against
$1,000 last week and ,?ls. 5000 last. year;
.n de F { Bsoss wsys b MSfs; KlMds sssp:. fH5i s4Iis
and Rumsey were sellers. At Minneapolis
there was good buying of July by MARRIED..
THE CORN SITUATION.
Corn prices, though a trine higher at first,
was not very. favorable. though better con:
ditions in this respect were predicted, and
s sns eaSn ya @I chieseo are fep ,oISse q direct Hy th sale ,st cf
ps GOO sd 3Ssh; sY i "a. w She for rs s5 ESaf was nve 80
held out that the lake strike may soon end.
This is here given. however, only. for what
has is S Ssen more On Liyf fe1iS ot srsdf1 ~ iste , h Sss
to to" a 9isr9nnt'. fB]srtiett, Frazier ( oSrrins Stpn
s sers Sf S%!sis'SsHiln%sA i !, an" rsp s%4s al q lNe p @S5bnsss;
originally made for Europe. Liverpool lost
the + e. early afPyi s q cor owIns e %s CHEAPER T. ot I
more freely, while the cash trade was slow
I The total primary receipts were s7a, ono
asainst, $4,000 last week and 10000
last, year, with shipments, Of 2ss. 900 bush,
Bartlett, Fra zier 4 Darlington bought May
and sold July Messrs. Cudnhy, siSkel.
Ter and the Nye-Jenks Company were buyers.
THE OATS SITUATION.
Oats were firm owing to cold weather, with
some buying OF new crop months on the theory
hat lhs the. the crop q has IS had "a o a poor start and that
been sold by Chicqg go bulls for export. Much
Dl tne supIny Tt!tlNeu ~ Id!tcH Oh. may con-
IRA cts he Is said to have sold partly for ex-
port. II the lake strike Is settled this week,
as some, predict. cash oats. 1t Ia believed. will
10 greatly benefited.
Chica 70 reported shipping sales OF 300. 900
and 5sl 600 were withdrawn from
,torehouse there for shipment by Patten.
The total primary receipts were 645. 900
against $50, 900 last week and 30l 900
ast year; shipments: s4s 600 bush. against
Armour brokers were. the best buyers
II May. Messrs. Buckley. Sterling and
were sellers.
Wheat on the spot was quiet. Snles, ~. 900
,ush. No. 2 red. export. CSC; choice. esc.;
10. l Northern Duluth. 4Ic. over New York
'loscd y e, &c. higher. Sales, 200, 900 bush.
Prices as follows:
Open HfGf- Lop- CHS. Pysr.
fnd. rN. rH me rIoS,