The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-12-09
THE GRAIN
Narrow Changes WIN TRADING quiet
Gables Disappointing -lReceipts Light
small Estimated worlds wheat
shipments.

small lima N0rtus whent
shipments.
Whea, closed irr egular. The trading, how
ever. was on a small scale. and at no TIME
during the session were the fluctuations I'M
portant. Al the opening the tone was firm
owing 20 bullish advlccs from the Northwest,
light offerings. covering OF shorts and small
estimated worlds shipments.
Later on prices weakened slightly. as the
cables were disappointing and some recent
buyers. took profits. Sentiment among not
q few was apparently less bullish. though
bears. as heretofore, were not inclined to act
asgressively. But for the time being the
edge MAS OF OF the bull movement.
Toward the close. however, the nariet
became rather steadier owing TO covering
OF. shorts. In the main II was a waiting
market. Liverpool was unchanged to I'D.
lower. Paris was 5 centlmes higher to 3
lower. Berlin advanced x to = NIX. At
Budapest there was a holiday.
Broonhall estimated the worlds shipments
at 10000. 600 bush. against 0.Ai8,0O0 last
week and ~. 752. 600 last wear. Chicago re-
ceived rs cars. including : Of contract grade.
and expects 40 tomorrow. The North
western receipts were 577 cars. against 6St
last week and 522 last year.
The stock al Minnea polls increased for the
week 425. ZOO bush. but there was q decrease
OF 100000 al Duluth and total stocks at
both points are now only s,s2o, 900 bush.
against 9,2+i, 900 a year ago,
In dhsou ssing the situation Oscar x. Lyle
said. The Northwest presents a strong
situations; q shifting 10 an earlv change
affecting prices .unfavorsbly ] do not think
indicated. In n polls the milling re-
uuirements are for at Least a million bushels a
week-rather more than less. The reserve
in MINNEAPOLIS is down TO ]. sS7 900 in regular
houses and in private elevators belonging TO
the mills there is $4,000 more; This 10 no
reserve to render millers independent. ~
Is one 50 low u suggests consts mt effort to
get supplies 10 meet milling requirements.
With no probs bility Of q greater release of
believe all offerings this winter will be readily
absorbed and quickly disappear in -four,
With -four stocks less than a year ago. or q
month ago, this is a healthy condition and
admits OF no necessity Of conceding In values
90 effect sales. Looking TO Europe We see
oner viii be taken, Our seabosrd ports are
no. easily sccommodated. The worlds ship
America an opportu nifty. The floating amount
is not large and Includes very little grain
oSf 9ener S%s' e y DO ps from from this ae Country the
before new crops, three months hence, begin
tion should be enlarged. for wheat is cheapest
when compared with other foods, which are
dear, n is no time to short wheat: AZ the
same time. any importa MT advance looks nm
prob9ble aud any advance comes slowly,
Corn was hrmsr with the market quiet
AZ the West and nominal here. The weather
was favorable and larger interior offerings
were reported. hut the receipts continue
light, Armour brokers were buying at Chi
cage. The arrivals there were 100 cars, in:
Guiding ) OF contract grade, with las expected
tomorrow. Liverpool was unchanged.
Armour interests are bullish on the reported
Oats wer. stronger. With the trading fairly
active. There was pretty good buying. OF
May at times. The cash market at the West
was frm with a fair demand. Chicago got
III cars. including 3 OF contract grade, aud
expects 1850 on Monday.
VIII eat on the spot was dull: Sale; 5000
aSoat for export No. / northern Duluth May
nrice: No. 2 hard winter re. under Chicago
Nav. Futures closed unchanged 10 &c.
higher, Prices as follows:
oBen- High Lov. Clos. Pres.
ING est est tnd Close.
, Ss;S."::. " y, s. - ss s.
Oats were quiet. Sales. 5000 bush. Nat
ural white on track. 30 to 81 lbs, Sa@ l0c,:
mixed. 20 70 80 lbs; 800. Corr was dull on
elevator sshc. Futures closed unchanged.
Closing prices as follows:
Open HIGH Lou. Clos, prer.
tTG. est eN. tc. Close.
December ...... .... ... .,.. S3i 53ls
January. %. .... ... 50 -
The following shows the grain movement
rs Nsr xoIt; E s'ccC s sGrn; 81 s1s s. H sss:s H's, 10
Exports -. sO.oe4 lS,2s6 sees 90. .".
Chicago:
ssip%ssis... i rs5sS $500 5000 $50: $3.50 p sC% ZOO ss@S
Shipments. lSs 5000 5000 ... $1,000 5000