The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-09-23
rHE CHAM
Marrow Changes. Closing Easier
FnVOrable-L0nG Liquidation.


what clo.ed at q small decline owing
mainly to favorable weather at the North
west and lower cables. Tho fluctuations were
narrow with the trading inactive. Az the
opening the tone was somewhat easier owing
TO fair weather at the Northwest. bearisn
cables, liberal estimated worlds shipments
and liquidation. Liverpool declined Nd;
Paris. s TO 10 centimes. and Budapest 2 XII
The worlds shipments we're estimated at
10. 500, 900 bush, against 10. $50. 900 last week
and 10, 70s, 900 last year. Broomhan reported
rood rains in the Punjaub. India. which will
lioerate large quantities Of wheat for export.
The indications point to an increase In the
visible supply on Monday.
But later on the tone became frmer. The
receipts at the Northwest continued light ana
the appar ent intention OF the spring whUaS
grower to market his crop slowly tends 70
make the bears cautious. at least for the time
being. especially as the export trade Mas IN
creased OF late. 1t Is insisted by some OF the
bulls that there Ia a steady inquiry for export.
and that the sales are not being fully reported.
Commission houses bought to some extent
and the Northwest was buying at Chicago.
There was an absence. however. Of striking
developments In the trading. which. 40 already
Intimated, was on q very moderate scale.
The short interest i believed to have bee
and many are disposed TO hold aloof for
further Developments, both as regards the
export situation and the attitude OF farmers
In discussing the situation Oscar x. Lyle
said: In looking back TO this date IN ten yeSrs
cember delivery ranged from So s-le TO loah{,
with average near 70 cen q, while May sold
age a. eA nesr ss :. '' IN ' each season Nay com
from, ] ,l-is to ! 10. with average about *;
II will be seen the present premium OF May
over December Of four cents Ia a large one
and one implying on the part Of mSny a cont nnt
psaST .s s9' in ,O a way y to warrant his. In
| the time since harvest our exports are not at
all In keeping with what We have 70 spare
SsI sn sp.Ins to eG FSsstspsah then xhS may Os stsssR B't 70 the
growing crop |: all oSEjeSs sS at RI: 6 smi:
ike o. to en hold SdOp He MAJ may Elect. as In corn the
past year. TO market slowly. The rush from
s9' those SoSsf ne .eddiiss% money sisp AID we're q quick 70
sell to get H. Wheat is now IN the hands q
t tns. more e mI %Ssp OF fac csome IN f pfice a' eTSa
needs Of Europe are estimated at $780, 600. 900
bushels for the commercial year. or 5000 900
crops available, the needs are less for import
wheat. In a few months We Will have TO con-
: :Gs 1.-the the c6%s. # 2nd ies 20 sU sd ! To he SSs% sSpPiiss
ttSSse b 6ooIEdlHHs % Of Wheat pf Sss dangers GERS TO beset
Corn DECLINED a fraction early in the day
owing TO liquidation. larger receipts. bearish
pressure, favorable crop reports and a lack
OF support. Liverpool declined x to I'D.
Chicago received l3 cars. including 277 OF
contract grade. Some are expecting large
hold more corn than usual as a result OF a
large crop. a mild winter, an abundance OF
oats and hay for feeding and small exports.
Oats were easier. though selling was held
in check by the fact that leading interests at
the Westsseemed disposed to give support.
Yet the cash market was \ to &c. lower and a
larger country movement il expected, which
led to considerable liquidation. Chicago
received 25s cars, including 50 OF contract
grade.
Wheat on the SPOT was quiet. Sales. 5000
bush. No. ? red, 2isc. under New York
December; No. I Northern Duluth, Sc. over;
No. > hard winter. &c. under. Futures closed
&c. lower. Sales, 10000 bush. Price, as