The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-27
n CRAM MARkETs.
Prices Irregular, with the Changes Marrow
Fears OF q Strike on the Lakes
Weather .FAY0rAhle. .hA-t -

weather. FbNOrNbtc.
Wheat ended unchanged or lower. reacting
from a previous advance. owing TO liquidation
and a lessened demand to cover.
The early business in wheat was at irregu"
lar prices. but with the drift toward a frac-
tionally lower level, owing to lover foreign
markets. generally favorable weather and a
cheerful weekly report on the crop outlook
by the Cincinnati Price Carrent. May, h y
true. advanced slighth, soon after the open
ing on covering Of shorts. Liverpool closed
I'd. higher. Broomhall reported wheat. IN
fnenced in Liverpool by the American news
Offset, however. by a Quietsr market Tor oar
goes. Yet the market rallied there ON private
dispatches predicting a strike on the Great
Lakes, Budapest advanced 10 'kreuzers'
Berlin was quiet and unchanged.
Favorable weather and crop reports had a
depressing effect on July and September
wheat, causing seluat. AT the same time
the decline was h,lA In check by q fear OF
bullish de velopments In the May option
The talk Is that there is some danger ora
squeeze. How much foundation for 1t there
Is. remains TO be seen. 49,.
The May option had q rather hnsettlmS
effect. Everybody is watching 1t. The
weather and the cables were against the mar
ket, but the fear of a roundup. of the bears
In May and some talk OF a possible strike. ON
the Great Lakes we're features which no one
seemed inclined to ignore, July and Sep
tember rallied In the later trading. Eastern
people were nervous over the talk OF o strike
on the Lakes, though Western men In the
shipping trade declared themselves indh-
ferent on the subject.
Paris was quiet and unchang ed for wheat'
and unchanged to s! confines lower on nouT.
Reported rains in Kansas caused some SELL
ing at one time. The crowd here we're In
clined to sell. but kept u wary eye on May.
Late In the day, however, the May option
weakened under scattered liquidation a the
West and a lessened pressure OF short cover
ing, and the. rest Of the liet followed; Inc
cash demand was dull, the four4trade show cd
no Improvement and the clearances from
the seaboard fell to small proportions
Yet there was a. very noticeh BILE disipclina-
ton to. press matters on the short side. In
the main the speculation has developed into
present appearance is likely p continue so
until the uncertainty surrounding the, out
come Of the 'situation'tn May is diBsipated. ~.
May ref out OF The way the h market viii seek
a,loweT svel-peThaps- q considerably lever
n lsys ssnn}H snS ds by y taf :lss St az tie a %omens
to keep close to shore, fearing possible SQUALLS.
we hee 8 ainsn'd st n s.1oS.o oo bush, against
s~.24s.o0o in the previous week. and SOS GOO
last year; The ssI primary 6na ar receipts 81 were ,e1 oS So1;oo3
49, 900 last week and 10000. last year,
w irGe S Gis'i Sas% t srtss Gs'1 f6S ss4icul taai
interests. There has been important prog
ress IN seeding and d., ploughins r b. season.
ton is not discouraging. The outlook for
wheat is nearly all that could be asked for:
ali Har fnIx soG Stninv q S9; So%Eh Co. Nay Sou s9d
May. Ware Il Leland and Candy 4 Co. sold
July. Hellman sold May.
increased receipts at interior points, a rather
Gutrsnt' LIVERPOOL I'd. lower and some llaui-
Cash houses in Chicago. bought May on a
moderate scale. Norris 4 Co.. a shipping
The Argentine shipments for, the week
we're estimated at 1000, 900 bush, against
10000 last week and sse 900 last year. The
Argentine corn crop this year will be a large
one. and the Buenos Avres Hdndcts .Zetun0
estimates the total crop at IA ooO. 900 bush.
of which 100, 00o, QUO bush. will be availa BILE
The, weather and crop reports were. ia
exports from the seaboard were smaller than
recently. The talk. Of q strike on the Great
Lakes was, a bearish Influence, on corn,
The decline was held in check, however,
by the moderate receipts. the frmness OF
TIE cash markets. ne + i more 6 or les sh e9yeraas by
leading Interests OF the West ~ ~
Chicago received, go cars. including ~ OF
contract grade. and expects 22o to-day: The
lOldl PRIMARY cttlplN "tlt sUo,OOO Dubu.,
against 209. 900 last week and 100, 900 last year,
with shipments OF $4,000 bush, against 81 OOO
last week and 3as .OO0 last year.
Bartlett, Frtzier a Carrington sold July
Company ard Pope. & Eckbard bou ght May.
knight q McDougall were buyers.
reacted 2 little, then rallied. The fluctuations
We're within narrow limits. Pit traders In
Chicago were inclined to be bnllish and the
tone of the market was steady. The cash
demand here was light, but Chicag reported
a fairly active trade.
Chicago received l45 cars, including 40 for
contract grade, ard expects 1853 to-day. The
total primary receipts were 5Ss. 900 bush,
against az 900 last week and 222. 900 last year,
with shipments of OF. 600. against $40, 600 last
week and 2l2.O0O last year.
Sickei. Roberts 4 Go. sold September,
A., S; White sold July. The buying was scat
tered.
Wheat on the spot was duh. Sales, IL. 900
bush. No red, export: SIC. over New York
May: choice $40. over; No. l Northern Duluth
&c. over; No. / northern Manitoba 20. over.
The. Northwestern, receipts were 254 cars,
against 1855 last week and II last year. Chicago
I against last week end 80 last year; Futures
closed unchaDg ed TO &c. lower. Sales. /, 500.
600 bush. Prices as follows: