The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-06-08
rRE 6RAIS
WBeat sdVsaeeY shaFpl, Hulltsa tVop a"a
HeaeHey RepBgts ttoasI HUsiWe tsFH
g0st Oats atgegeeg

fhf HdrFnre ea4 Nub@ ~ ~HvefgNhFre
Az MARKETS. tsrr Aetira
ttVrftstut iHe f4mr rit ~ no aiffN NJ sHuiH
fhias Nie lpffs,f sed sdvaNset ~ ~
fbis. asrpunNs ~ Hfopmhat 80 In fea
srphse Nv No advthes IN me cuun'fv ~
W@iHrsdaV fhaf market u IA ffie fesrfsd
~ tstFf, NrtNs ~ tuuff demand aenrfFllv
and StRertai lrhs NJ lsffe erHsi s%tfitFlf
rtbir irapHfeh ifem tawhrHfe india
ssvs sishi faina have failsn aNd The mnn
srun u rtnrr'ed ~ hu NNffrfl FH' adtirea
ff7m nulsrfH gefe ma 'otfeH'isi fains
hsvF ftlieh and n 10 feafed that nc vh~a'
ctrp viit stfNf SERIOUSLY
flcayr mlps fril IN Nshiiohs snd mo feffl.
io'iSs and n we siii fsihins The hard falns
the enrt prtHalun uneF ainess, hrttuar w"
werk AND the verh tefdfr ~" fnina wsfr
aian hrrtv
trf iso weeks rndlna tune : Inc taihfall
Included I " inches NJ a. Paul, ? ~ NJ tuluth,
? ~ n, Wrusrhosd, 3@ ~ Hiama rch, y y,
" NJ Wiiliston. Y " W NJ Pierre, p " ,
10 AZ fankton go ~ Hufon and : ~ Inches
~ Napld Guy
Paris advanced ednai IN 20 The Liver.
mol natke, vii br closed to-day and 70.
morrow, tho continuation NJ the whitsuhtide
HOLIDAYS Herlin ross equal 10 10 -.
and Rudapes 20 Antwerp vas 1uiet and
unchanged
Reports NJ heavy rains and that the Gem
,nl We. vas sscw,n e. tn s.. c n Sn ~ thu
or The other hand. the Cincinnati, Price
resaris winter wheat, saving! Recent rains
aTotdinR Important relief over wide areas
are helping winter wheat
brarish crop despatch saying our Kansas
CITY report says frequent showers contribute
t.owgrd daily, iaEoraeln progress o. ,o whee !,
sections. reports from "A large part OF the
wheat belt Indicate prospects for a record
oklahoma and soft wheat cutting IL In prog;
ress In scout prn Kansas. cutting OF hard
wheat will begin in Kansas IN iw3 weeks
Samples Of soft wheat from, there "how b
grains to, an ayrraEc head Our reporis
I InSI,nd l" Sha 9BIa in s sr% cor Mhr iom c HIOESea1 "
rain feil sunday and Monday. which lnsures
ample moisture to mature crop"
were eIagRerated and they enlarged on the
report Of the Southwestern crop bulletin, " which
estima,ed he kansas cr 3p, Of % o'oSS enshi.
Nebraska and Indian Territory combined
at 2O0. 800 900 bush, against l6e. I7O.ooo last
year, Certainly there was nothing very
But, whether exaggerated or not. the bullish
crop reports came from all sections Of the
TO make matters worse for a bear. IL was
reported that the Missouri state report VIII.
show a condition Of only 80 per cent. against
n " b'i WV - lhDh'' - a'' -" 49, N'"N' 80
December last year.
Shorts large and small deemed discretion
tfes o sasg. par ro4 of EsleT a houses soseT we're wi sood g
buyers, Wall Street bought and the, selling
was principally to secure profits his was
heavy, hut its effect on the market was only
temporary. On all setbacks buying became
the order OF the day and the market wound
up at about the highest quotations.
A Chica 20 despatch said: Traders bulling
the markets on too much rain in the North:
west. rust in Texas, cut worms and lack Of
Insufficient moisture In the winter wheat
States according to some reports also caused
buying. Bulls say. they are locking for a
bullish Government report next Monday.
largely, reduced Of late and some think that
not be surprising. General sentiment for
the time being. however, was more bullish
than for some line past n-,u.
and Friedman were buyers. I. A. Mcintyre
4 Co. bought early in the day and sold on
the rise. Messrs. Valentine and UpdiFe were
Sidney c. Love a Co. received the follow
S5hicaeoN"ValentIne has attempted several
times to stop the advance, but apparently
his opinion and presti ne are conslderab,y
ChFcago~"Wheat holding wonderfully we'll.
There la no incentive yet for longs to take
Market perhaps at, moment Is overboueht
and would be better II some decline"
s.; IoHis.,Wheat opens stronE; The
that the winter wheat crop is going to be away
-, Chicago-Wheat needs only general specu-
lative interest to develop a good broad market
Chicaeo-&eather conditions again caus-
possibilities decidedly. fayor this point. The
be4ms # prics IeR Rs' p ljft1s aR1%uni ana F y i5G
for cash coupled with Increasing
proof Of a lessened yield for 1909"
.r sti ISHiss ral6s nqe reported p o re- SlE rSm several SeTsl
of the Chiokasaw Nation. many
creeks are on, Of their banks and travel in
western Kansas was, visited this afternoon
inTm t Of FdEhsd by n g,G ntsse. storms ''k'ne.the
st. fouis--Be,ter buying Of wheat here than
for q long time. Not buying II, for a scalp.
modify in the world, today. Some very
bad reports from Nebraska on wheat and
oats crop, Farmers hanging on to their corn;
-Chicago"Looks as 4 wheat might sell
on from here Shorts all in and market over
Minneapolis Looks as il crowd have sold
long wheat they had and are going short,
for reaction. Think we have had
worth ia a good buyer Of July again"
The Argentine shipments were estimated
at a 2,,o q 600 zoo b,H y aGain1 #, ats2 200 lsst Wee;
uhlNA HbF's'N tAth ' 'hiH ~ - 'l'tl tl
Is. 900 bbls. of -four and 1877 900 bush. of wheat.
The total primary receipts were "a ,ONO bush,
a against 226. 900 last week and 2N4, 900 last year,
with shipments Of 1900. against $4,000 last
week and 2ls. 900 last year.
One firm said: THE market ended In a
nervous way with no indication of what It
may be tomorrow, All depends on the
We think there was too m UGH bad
coming all at once. The stock market
had no belief In serious damag e.
our part we are not accepting reports as
very serious and await confirmation OF them.
II is the best scare Of the season and may pass
10 the bourne where many of its predecessors
have gone. The movement OF WI eat il disap-
pointing to the bears and is n reason for anS-
among short sellers. Some even suspect
the July shorts will hayetrouble in Chicago
Mr., BENJAMIN Bryan said: we are getting
reliable crop information from Nebraska.
grain interests reportjng extreme damage to
wheat. | have felt for some time tina. thresh-
ing returns would he disa ppoin'ing. North
texas and the southern portion OF Indian
complain Of black rust. There is a
short interest In this market and | look
for higher prices in wheat.
THE CORN SITUATION.
Corn prices were lifted partly hv the firm
Liverpool market, where tterc was Az adj
hing that helped the bulls. Tho receipts.
for instance. at Chicago were smaller than
expected.
Liverpool was braccd IN by the lack OF
american ch"ltngst there md by an increased
demand fot Le Platq com.
The cora crop according to the Cincinnati
tTITT ~ 4. n 4 IN = I. ~ Etts a -