The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-17
Executor
THE GRAIN
Wheat Firm-Cables BulIish-ShOrts Cover
Corn and Oats Advance, Then Reaot.

Wheat advanced on strong Liverpool cables.
smaller Argentina shipments. covering OF
shorts and outside buying. Prices OF wheat
advanced sharply at first on higher cables
and small Argentina shipments, with a large
decrease In the Argentina visible supply.
Wall Street houses. moreover, are going
into wheat. owing partly, it is supposed. to
some siackening In the stock speculation,
aud partly because Of bullish news from
Europe and Argentina. prospects as II Is sup
posed OF a better export demand In the near
future as a result of the marked decline In the
last month or six weeks and lower prices Tor
ocean freight room. The Wall Street bull
Liverpool advanced I'd. and Berlin x to
1 NIX. Budapest declined Q kr. and Paris ana
news outweighed the Continental advices,
Northwest Snd the South p est sem sent oTTSSt srs
were reports from Chicago stating that some
export bus mess was done.
The crop movement was on a moderate
scale, the total primary arrivals being 1882 900
bush. against 457. 900 last week and 375'ooo
The Argentina shipments for the week,
according to the Produce Exchange figures,
were only 2 ,498 900 bush. against 100000
since January i is "a. 7sa, COO bush. against
rs 1884 900 in the same time last year,
Later on many recent buyers took profits
mering on favorable weather and crop re.
ports, caused a setback. The cash market
here was ,stagnant and some were d lsposed
at the West. ,.
The exports from the seaboard we're light
bush, against 1858. 1888 last week and SOL. az
last year, II the primary receipts were light
sS,y ye iT,.o tse bnsh m making nhe ais, s ooo tRTs fs sG
this week. against 1917, 900 for the same time
last year;
nearly / 900, 900 bush. in the stocks at Min
neapolis and Duluth, for the week,
ra Ths ses M y as bb sarIsh 1 Tsse1y tb sts's ssSent
wise, and bears in some cases sold on IT late
II the day, It was as follows; n9HTins
the winter wheat crop has been we'll covered
with, snow in the larger portion OF The prin-
cipal producing stslesi Over a oonsideraole
snow protection has been scanty or, entirely
lacking during the severe cold weather; No
reports Of damage from the effect Of low
from the unprotected sections"
Yet in the end there was enough covering
Street account to cause a small net advance
for the day.
offerings were light and the West sent re-
ports Of a better cash trade.
The Argentine corn shipments, moreover.
fell of to 5000 bush against 22l 900 last
week and 81 900 last year. while since Jan.
! ! 90 only ply, 3' is ;SSS N 5q fse 8, hase tim 6e1 East e seeson'
n * us f.hf WV Us wy
Liverpool advanced 4 to I'D. The total
primary receipts We're 2el 900 bush, against
$50, 900 last week and 754, 900 bush. last year.
while the shipments amounted 70 SeS 900 bush.
against 1876 900 last week and 37l .o00. last year.
Later in the day. however. liquidation. to-
Rether with more. or less hammerinR, caused
a reaction in which the early Improvement
was obliterated. There was considera BILE
selling on predictions Of cold, clearing weather
for the West.
The cash demand was quiet dnd the export
for the week fell of to 1855 .2s2 bush. against
2,5s4 AS last week and 3.s+l All last year
Oats advanced early owing to the rise in the
rest Of the list, light receipts. commission
house buying and covering of shorts, but
later a reaction took place on realizing. larger
offerings and predictions of better weather
for the movement.
The total primary receipts were 425. 900
bush. against $40 900 last week and $50. 900
last year: shipments, 4s7. 900. against 478. 900
last week and 405, 900 last year.
Wheat on the SPOT was dull. Sales. 20. 900
hush. No. 2 red. choice, Ii.c. over New
York, May; No: ! northern Duluth. &c. over;
winter, s4lic. Futures closed 10 &c.
higher, Sales, 100000 bush. Prices as