The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-07
Executor
THE GRAIN
Prices Irregular-Crop Reports Favorable
Cash Market strong.

Prices Irregular-Crop Reports FaVorapic
Cash Market Strong.
Wheat closed at a small decline on favor
able crop reports and scattered selling. Prices
declined early, owing partly to favorable
weather, partly to a bearish report on the crop
outlook issued by BrddStreets. and rumors
that some of the long holdings in Wall street
were coming out. though as to this the evil
dence seemed not very convincing. Liverpool
declined I'D, Paris was 8 centimes lower
TO s higher. Antwerp was quiet and I'M
changed. Budapest declined kreutzere'
The cash demand was light. The0eoeipts
at primary markets were liberal. stocks
are pretty large, and the crop, outlook SO
far as it can be Judged thus early In the season
is favorable.
amounted, according to Broomhall. to -
35e, 600 bush. against 3.6is 900 in the previous
w SesG e eash '; dsm; STU ls a; i hear nior FsRSftt' we're
again. in circulation. but were taken WIN
a grain OF salt. . q,
ness reported in the Northwest Wednesday
seemed to be composed mostly OF hot ar.
Sorne more OF the long May wheat held py
September option bought against 1t. Ihipk
you should continue TO sell wheat on al the
little swells and take profits on the dips,
Only look for Il scaiping market lot the
Stocks at the Northwest increased zoo. 900
DuSn. Anu DuIn Iht NOTluNC6U uIlu ItC oouta
west were, reported to have sold at Chicago;
The speculation, moreover. was narrow ana
professional.
s~picuous by their absence. SHOWS crop
report for April makes the condition OF wheat
gl.2 per cent. against 90 per cent. last yea5'
The average condition on April for q series
OF ten wears ia, about 81. per cent. IN only
one State IL the. condition given below 20
per cent. and in three States 1t is above 90
per cent.
Another bearish factor was the Modern
MIXERS weekly statement. which was az
Reports from milling correspondents in
the principal winter wheat territory indicate
an unusually high average condition for the
gan, shows a condition below the average
6snd hiR5il fully d, r he to Sth 35e s sversse Fe or 6ett she
The highest condition is in Ohio. Kansas.
Nebraska. the Territories. Texas and south
Missouri the condition Of the crop has been
impaired by cold weather and too much
moisture, low lands suffering most, from the
west latest advices indicate that the damage
10 the wheat crop was largely oyerestimated;
In most sections the plant shows revival
Later on the market rallied. The selling
was far from aggressive and later on shorts
OF a better demand for -four and II the cash
demand was light il il equally true that cash
prices presented a firm front.
lie tApOIlN " u NNNh ~
Brodsfrcsfs. increased to .;l56,slo bush,
against i.5i?.s52 in the preceding week and
OH in the same week last year, while
since July 100. IA AZ bush. have been exc
ported against ,4s,als.S ?3 last year,
The buying, however; was merely to cover
petered out and prices Sagged, winding up,
az we have seen, at a small decline. Scattered
long liquidation was noticeable and the crop
average operator sees nothing in thesltuation.
at the moment at any rate, to induce buying
The aour Output al Minneapolis, Duluth.
Milwaukee and ffty-one. outside mills for
the last week is reported by the Nonhlrestern
ii mH'ey Year az ' Six winter wheat points ground
$4,000 bills. against, $4,000. The output
al. Minneapolis. Duluth and hfty-four out
daily capacity of 3s, $50 bbls., from Septem-
Der. i to March p. has been IA az .ses bbls..
asainSt M II ia; S as@a a y sss az as9 hbls The ffty-f0ur
Logan we're sellers. AZ chicaso brokers
v %hG 9su TpGiE se' was i@r a Buyer bnyeT. interests were
Corn declined slightly. then rallied; Fav
orable weather at the West had a rather de-
eral buying and covering of shorts with light
offerings to keep prices from falling much.
Brddsfreet's says seeding Is ! to 2 weeks late N
The cash markets continued 70 show
stTenFtta ars WIN ,h.r a G Tss , d Sa4sWoI at me inc Wsst,
Increased 10 S,los $50 bush, against 2,e4s.7Is
july i Us. 07s,siC bush. have been exported
against go, 49,, 2O3 in the same time last year.
Chicago received only 1888 cars and Of this
total but one car graded contract, The ArRen-
tine shipments were about as expected.
amounting 10 40S .o0o. bush. against, 23s. 900
last week and 70. 900 last year; since January
Messrs, Kidston. Harris and the Nye-
WAGNER and Creighton were BUYERS.
Oats declined. &c, early hut. advanced
later. partly owing to the N, Missouri sour $ State
crop had been seeded against 10 per cent. a
The receipts. and offerings we're light and
was reported at the West with prices &c.
higher. Chicago received 1877 cars. including
Patten is supposed to have sold through
various brokers. Messrs. Bartlett and Buck
ley bought. The Peavey Grain Company sold
Brodstreet's issued a special grain report
stating:
superior to same time one and two years ago.
San Francisco-Ab Abundant moisture prac-
Indications are for a yield Of at least 500. 900
Portland, ore.-Crop condition; are e.-
causing damage in only one locality, and
spring seeding has been done even there.
Chicago-Winter wheat condition ia favor
able: the crop is, making good progress and
~stooiing well, Plenty OF rain. Farm work
is delayed by rains. Oats seeding already
seeding 80 far, but season not dangerously
late. Toe much rain in Kansas delayed
pIou Ching for corn and seeding of oats, and
corr will go into the ground there later than
last year. Some seeding In Northwest. but
not general.
Cinc~innati-Spring pl oughing lie back
ward. and but little has been done. Grow
Ing wheat is IN promising condition and the
acreage is larger.
st. Iouls-Growing crops adjacent TO ST.
Louis are in fine condition, the weather being
very favorable. Spring planting, however,
Des Moines-Conditions point TO a favor
able season for Drop planting. though cold
weather has delayed field work. There is a
good outlook for wheat. Rains are regarded
as timely.
Sioux City-Some. seeding commenced on
highlands. Lowlands are IN bad condition,
Winter wheat is favorable. Weather is
warmer.
~Duiuth-SprinR wheat seeding will COM
mence in about two weeks II conditions re-
main favorable.
vanced for this time of year. ard the cor
dition ia reported as nearly perfect. with n