The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-15
THE GRAIN
Prices Advance, Then React-Heavy snow
IN the Northwost-shOrts Cover-LAQui
dalton on the Rise-FOreign Markets
Closed.

Prices Advance, Then Heaob-hoSNg O"""
IN the Northwost-shorts Cover~LQui'
dalton on the Rise-FOreign Markets
Closed.
Wheat wound up at Q decline. owing 70
scattered liquidation here and at the West'
the dulness OF the cash demand ana an ap-
sence OF support.
Early In the day prices advanced. on reports
Of heavy SHOWS at the Northwest, expectations
Of q decrease In the visible supply on MONDAY
an absence OF ofiertng &c and covering OF ehorte,
The caah markets. though dun: sho"eo
strength. and the North west and the eouVh-
west bought 1t Chicago.
The trading, however, was OF o narrow
holiday character, and later on. when the ae,
mand from the shorts fell OF. prices reacteo
and declined under liquidation ana an 1o-
senoe Of support. The foreign markets were
all closed and here few traders were disposal
to engage extenslvely In new nua Oh
either aide OF the account.
The exports for the week. according TO
Bradstreet's. were 2.so7.ooo bush. against
2.ise.ooo In the previous week and i.2e2.ooo
Law ys sesn r sapol s!a9' again: sS.E i - ss's 70! 20 in Il:
The w9rid.s ship@onts for the week we're
%sts ds at t GO, COG COG a bush h, hus agaIns ea asS' go
1880, 600 In the same time last year. =,
oo SalsSFG sr FsHs''f TAt S%Ss sFshG 'Rs,aqln 4ssse )
and ~, sb9 %lti7o Larger than a EsySar oasbSs ago: oopdI-
tions have been favorable for winter wheat
In the principal producing States. Advices
since SINCE April I show the ii ,6 DrS9'SPeSt S, 20 Pc hst eer
a shsn sae X WITH ssRs5s q sR ss sGSSFff Fon now t%i
SV. sas 5e spSndlt Gt n sSan t sRss 81 ' &oT = @lSnoI
Oscar i. lyle said: IL has become q want
pressed In probable bushels, Such expression
ls not admissible In the absence OF any stand
s Sof 4 IN cyo isdlal Rsr q so TO. in F ses sSSp't y s e. 'f pass
shows a par. of condition reduced to bushels
In an. month In any year 10 not The same N
shown ny comparison are very wide. With
an elastic rule there can be no good measure
ment. Some Of the figures paraded as estt-
correct, as to condemn them entirely; TO
Spproklmate Q coming crop fsDm oG1ditso eIn
s So slm gieIls' o 81 s @sn6a ss: IL It s Ike peSn sfflsHias't 81
Sa1 vs Year, ei pas are S0r su NJ aaa,sfTSbts III only
given as planted il December; Abandoned
acreage ls not published until May. In look
in as g 1nO .S years nr i dSppdsa ! s,s 2 SO sSwn w S 5,sbs II
-The average Of April Conditions in those
condition mean 1854 bush, per acre, This
year we have April condition SCI Taking
thSt percentage q given YIELD visIA for or 100 , ssR-
per acre. and applied 10 81 ,5t9.ss7 scres now
we have a crop Indicated. on the
average Of Ave years, OF say Ao7. oOq: ooo push.
tremes. and q higher than an average ID be-
lieved a better, application this year, We can
suit around 4s2, 5000 As evidenclng how
variable Is the crop on basis OF single years
In the past. ! present that on basis 81 1901,
sown area was 1901 bush, per acre. the fig
ures make q probable production OF 45e, 975 900
asG, SIS, 0oobush. On basis ofi9os we have $780,
and on basis, 1905, 4to, 1872 900 bush. so there
curious to note the estimates are nearly the
same on 1901 md 1902, when April T fSSnd ntH1ds
w were 10 i5.ol a and ~ s2.ss ses Nie6 the par if from yIs the
din erent conditions practically the same.
A prominent Chicago broker said; The
and will continue. to have the best Of the
begins. The. bears have been eyhaustlng
out making any headway. and most OF the
shorts are getting pretty well discouraged.
pofte G'' ero eph sesrss IN N the tRs E soytR RR, est and md
excessive rains in the Northwest, which they
say will delay seeding for a week or ten days.
The September option is about Nc. a. bushel
discount under May and VII PROBABLY cor.
comes out. AS long as the scattered demand
for cash wheat keeps up and the big holders
in the long futures, may get more or less
nervous shocks. but ! think with normal
weather conditions, such as we are now having
the bears Will get the money on the Septem-
Der option"
Germ was stronger early S} in the fa day levin. ewing
and OnarinUa the atran 9th OF the ca1h nOoi-
ton and covering of shorts. Considerable
long corn came, out on the bulge. however.
Shorts covered on the unsettled and colder
weather at the West, A good. cash demand
was reported at Chicago. Chicago received
decrease in the visible Is expected on Monday,
Oats fiuctuated in company with the. rest
f Ia She T Flhse' re eaIaas'@ Mere ef liEht a and q tse aasS
markets showed strength, but liquidation
took place and this carried prices down:
Chicago received go cars. including so Of
Wheat On the spot was dull. Sales. 5000
bush. No. ? red. export, $40. over New York
l I%s' S ever: f fiSu Pss' closed lose ! " &'tS e. Dqi o1VW'eet;
Sales. 1000 0 bush. Prices as follows;
OPEN HtO,. Lop- CLOS Prer.
2 #fE:;;:*:::::s &; Y !.
oats we're dull on the spot. Sales, 10000
Corn was dull on the spot. Sales 20, 900 bush,
No. 2, sac. No. ? yellow, soc. Futures closed
y to kc. low er. Sales. so, 900 bush. Prices
Open High. Lou Clos PREF.
ny nsiy:*:"":::. e e. s. III G. e. " ss '' 81,
CHICAGO. April i4.-Pr1ces were a. follows:
Open High Lon. Clos Prep.
Wheat. ing. est. est. tag. Close.
May.....,.... Isl 81 BOA hb 500
July.........,..tOS sud Wl 100 1914
September, ..,.W 7sN 7Sl 7St 7SS
Corn:
MsS".."....teN .g4 % 7-re4 g1 4a5
July. ....,...... 463 +0A t9lR 4t l64
September. 80. .ts& <6t 46N 49,
0ns.
Msy.........s2A NN s2N s2N s2ll