The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-22
THE GRAiN MARKET.
Prices Irregular-Heayy Liquidation In
May Wheat-LiyerpOOl F1rm-LiBnt
ReceIptR Of Corn.

~ hItNbutht htNNN
May Wheat-LIverpOol F1rm-Light
Receipts OF Corn.
Wheat ended lower. principally because
OF heavy liquidation, especially IN May
EARLY In the day there was a decline. after
opening firm owing 20 frmer English cables.
cold weather at the Northwest aud covering.
IN Liverpool. Argentine. Australian and
Manitoba wheat was higher. There was a
good demand for La Plata. Oherinss mere
we're at FIRST very light. Some who sold on
Tuesday bou ght yesterday morning. At the
Northwest curb prices were higher
The reduced estimate Of Tuesday regarding
the Argentine e1portable surplus had some
effect.
Liverpool wal unchanged to I'd. higher.
Minneapolis wired: Sharp cash demand
here. No. 2 Northern selling readily at one
cent under May. best difference 80 far"
Yet later on wheat prices gave way. Sell
ing increased. The weather at the South
west was favorable. Northwestern stocks
are said TO be large, those at Duluth, Minne-
apolis, Fort William and in the interior. ac-
cordlng to one computation, being about
90, 900, coo bushels.
Export trade In the meantime continues
dull. The outside speculation does not in
crease. Wall Street Is said to be heavily
long of q In Chicago, and this is regarded
as something Of a menace to the market.
Paris showed no bullish enthusiasm, to say
the least. It closed quiet and unchanged
for wheat and unchanged to S entime lower
on -four.
Ware 4 Leland sold the market down
and were followed by commission houses
generally.
One Chica go despatch said: The market
Ia declining on, it's own weight Berlin de-
cliped Y to 4 mark and Budapest, 2 kr.
The demand from the shorts, too, soon fell
OF and heavy liquidation Of May was reported
at Chicago. supposedly for the account OF
certain Wall street til Interest," &. sssh d dhs rsdSeS, sIs
continued light. while the exports were small;
The total primary receipts were sse' 0 0oS
last year. The shipments. we're light at
$4,000 bush, against 10000 last week ana
2es 900 last year. -
1000 last week and $1,000 last, year. Thus
far this week 5000 bbls. have been cleared;
s 4 ono %; goo in the o sa% Mb ti%e iSst . bS a3a
7 we're cleared yesteTdsy; making sss 900 i
three days. against 1880 bush. In the same
t'T Tbs ta1 So wass sna no Hi isss SAID stfr' In, a gen.
proved lest week. About, all mills. Mime;
a. asI a result OF The Advance Of wheat. 4 few
made comparatively heavy sales OF nour, but
th;i,d m sol 2 nsoyns dtG nG5; p a sm'f fer e na,a1eF but ut
prices must hsve been very, low. Mills nave
adyan ced patent l5c. per Dbl. Buyers still
h hTiaes are a az the af bottom oV0MSi Nil feed Is $50. to
Soc. per ton higher. and IN active demand for
quick sh ipment. sppt wheat II in better H E de-
over Siay. The weeks wheat receipts at
Minneapolis and Duluth were ~ 600 bush .
h9a ,aot i' Tne o sto ase' Of seS wheat aau at Minneapolis
and Duluth now exceeds .2S,ooo'ooo push''
against is, 1885, 900 last year" NV
Logan + BRYAN. Knight 4 McDougell, Ware
4 Leland and Prin gle, Fitch d Rankin were
Corn opened firm, but declined later. partly
liverpool Of I'D. light receipts at the West and
"a TrRRecash demand was light and the seaboard
clearances fell of to only 81. 900 bush =. against
es5, 900 last week and s?4 900 last year, The
against see. 900 last week and 9ss 900 last year,
while the shipments amounted ia, ?o9.O 600
bush. against 29S. ZOO last week and 474'ooo
Bartlett. Frazier 4 Darlington and William
Lind were sellers OF corn C1dshy snd hellmsn
bought. Carter and Ballard ooueh May INST
Oats were firm at the start like everything
else and the f5m mess Of t osrts Nay ,% 1paGn OF
| anxiety; there can be no. question about that.
The receipts at the West, moreover, were
The primary. receipts were 81, 200 bush.
against $50, 900 last week and 704. 900 last year
shiGPm gss IT, a. 49, coo. ssa| Tss S Sss,Sosr ,as cleared %ee5
eS. 900 bush. against 1900 last week and none
last year.
Milmine, Bodman 4 Co.. Logan Il Bryan
and Clifford sold oats.
Wheat on the spot was firm. Sales. 200. 900
bush, for export, mainly at the ou,tports.
| No. ! northern Duluth, &c. over; No. l northern
Manitoba. sshc. The Northwestern receipts
ast wear: Chica 90, S, against last week and
10 last year. Futures closed nc. to. 30. lower,
! Sales, 900, 600 bush. Prices as follows: