The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-07-02
THE GRAIN
wheat Advances Large Chicago Deliveries
Promptly Takcn--Shorts Cover-Un.
favorable Crop News-Con and Oats


Ftrmcr.
Favored by unexpectedly strong cables.
partly owing g. ID vet weather In France
and some r. ..rn sport. from the North
west. wheat advanced. The foreign markets
did not follow the American decline OF Satur-
day and besides the worlds shipments were
rather small and the quantity anoat for
Europe decreased materially. There was
less apprehension. under the circumstances.
Of large deliveries at Chicago. though they
were again estimated early In the day at
about 100000 bushels. Some unfavorable
crop reports came from the Southwest.
Pretty much everything seemed to play into
the hands Of the bulls. Wrenn was 9 large
seller. but this and other selling were very well
taken.
Liverpool closed firm and unchanged TO
I'd. higher. Antwerp fell equal to ! bloc.
Paris advanced equal to Q slice. Liver
pool was unchanged to Nd. higher and
Berlin unchanged 20 y mark higher. Buda-
pest rose 10 kronen. The July deliveries at
Chicago were about 5000 900 bushels. OF
which shesrson. Hammil a Co. delivered
The most; The wheat was taken ny Rsrt ts.se
Frazier a Darlington and Peavy. .Templeton
and Wagner also made pretty liberal de-
Those who put out fresh short lines on
Saturday deemed discretion the better, part
Of valor yesterday and covered, Commission
houses bought, encouraged Co do so by the
ease with which the deliveries we're taken care
OF and also by the unfavorable tenor OF many
Minneapolis displayed noteworthy strength.
In fact there was a noticeable absence OF SELL
ing pressure everywhere.
On the rise many early buyers took profits.
the disposition among not a few sttn being
TO operate merely for quick turns Tor a tlnle'
but The offerings SeTe readily o sSs1Tesd; at III.
Northwest and some think that section is
now getting too much moisture. Fair weather
&Co. said that the weather was very unfayor-
able in the United Kingdom and on the Com
tinent. that rain was needed In south western
surplus is exhausted.
The amount on passage decreased 3.0s0. 900
bush. against q decrease Of itoOs,ooo last
week and Of LOTT 900 last year. The primary
receipts were. 500. 200 bush. AGAINST 7o3 900
ments OF $4,000. against $4,000 last week
and 2os. 900 last year. The seaboard cleared
3 1000 bbls. OF flour and $1,000 bush. OF wheat
THE COR sIrUATIo.
Prices were stronger in response to the
were unfavorabie from some sections west
" %ar rhe npsiifi'ssrIRp' S ON july iv' Contrasts, too.
were moderate. Liverpool cl osed steady
An JULY ynG Sc W ever felt the effects of liquida-
ton. The worlds shipments. moreover,
were heavy at sos. 900 bush: against
Hiss1 ;SSe Z i yssT .c ss0 bius hn' against S.siD.s sGpE l%ncissss
OF only sos.ooo last week and a decrease Of
Ni But the EAST Strength Of wheat and the UNI
favorable tenor Of some Of the crop reports
were the dominan factors: The amount
on passage decreased s,7S0,0o0 bush. Chi
csgo received 45e cars. including 81 OF con
tract grade. and expects 400. to-day. The
primary receipts were s2s, 900 BUSH. against
gs4, 900 last week and 604. 900 last year. with
shipments of see. 0oO, against 4 .70s.o 600 last
week and 22s. 900 last year. The seaboard
cleared $3.50, 900 bush.
THE OATS SITUATION.
Early in the day prices advanced very
noticeably, not only because OF the frmness
OF other grain but also because Of the fact
that many bad crop reports are being we're re.
liquidation checked the upward move
ment Of prices. July was depressed by
e eTaitf' by %arS% Leland and Bartlett. Pesvy
and Woodbury.. They were taken care of
principally, by the Northern Grain COMPANY:
The yi;ihle sSpply d ss .ss ed ,;ss S. ok
and OF $50, 600 last year. Chicago received
$50 cars, including - OF contract grade
and expects 175 to-day. The primary re.
week and ga. 900 last year; shipments, 233 200,
against 327 900 last week and sis, 900 last year,
The seaboard cleared 10000 bush.
THE SPOT
Wheat on the spot was quiet. Sales, 10000
s Sscsit for re export : ato No j noTSS sul Duluth. Sc.
iTc. higher. Sales. $500, 900 bush.
Corn vas active on the spot: sslss' 2so,
esIsc., Z. o. b. ahoat for export. Futures
closed y to nc: higher; Sales. 100. 900 bush;
bush. Natural white on track. so to 81 lbs,
SO15ic.: white clipped, 80 to 80 lbs, 50h m52hc,
Futures were as follows: