Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-04-07
THE GRAIN MARKET.

CHICAGO. ILL.,, April 6.-An official fore
cast of rain tonight for Kansas. Nebraska
and Missouri induced liberal realizing to-
day In the local wheat market and re-
suited in a decline of nearly one cent per
bushel. At the close the May option was
OFF a4a's. Corn and oats were each down
Is Provisions were 10 to 271s lower.
The wheat market today was complete
reversal of that of yesterday, sentiment in
the pit being bearish all day Local longs
sold freely throughout the entire session,
and there was also considerable selling by
commission houses. At the start the mar
ket was depressed by the poor response
made by the Liverpool market to the sharp
advance here yesterday and also by reports
to the effect that scattered showers had
fallen in Kansas and Nebraska during the
night.
The weakness became more pronounced
by the end of the first hour because of the
forecast of the weather bureau, which pre-
dicted rain tonight and Sunday for Mis-
souri,. Iowa, Kansas. Indiana, Illinois and
eastern Nebraska. While there was ap-
parently no decrease in the number of re-
ports claiming damage to growing crops by
green bugs a number of advices We're
received denying any serious injury. This
tended to increase the selling. The market
continued weak up to the close. which was
almost at the lowest point. May wheat
opened shade lower al II, sold off to 76k
and fcur were equal to 100000 bushels
Primary receipts We're 643, 900 bushels,
aga nst 3SI coo bushels for the correspond
ing time year ago. Minneapolis. Duluth
and Chicago reported receipts of AGA cars
against S13 cars last week and 2S4 cars a
year ago.
Trading in the corn pit was quiet and
the tone of the market was easy. The
principal selling wak.by pit traders. who
were influenced by the weakness of wheat.
Local receipts were trifie less than had
been estimated, and this tended to steady
the market. The close was steady May
opened Il lower. at 46. sold between Asa
60 and 46h, and closed at As. Local re-
ceipts were 21S cars. including Z of con-
tract grade.
Oats We're remarkably steady considering
the weakness of wheat. The nearby de-
lIverieS were well supported by a leading
commission house. The September option
was offered moderately by pit traders. pre-
sumably on account of the excellent wealth
er for seeding The close was steady. May
opened Is to lsaA higher, at 42Ts to 427sa
10. sold off to 421e and closed at 4o5s Local
receipts were 1S4 cars.
There was very little trading in provi-
sions The market was quite weak be-
ness of wheat also had some effect. At
the close May pork was off 271a. at 1885;
lard !5c at S.771s. and ribs Zoe, at s52la
Estimated receipts for Monday:
Wheat, - cars: corn, 29S cars; oats. 191
cars; hogs, $4,000 head.
MINNEAPOLIS. Mimi. April 6-Close:
Wheat-May. 1873; July, s0aS01s No. / hard
81 lsaS1$s: No. l northern. S0AsaS0as: No. 2
northern 7S1sa1Sas: No. 8 northern 75a76.
Flour. first patents. 4.1ja4 %: second pat
ents, 4.G0a4.10; first clears. 32Oa350 sec
ond clears 2.4oa2J1.
Bran in bulk, IL. JOa 1913
MILWAUKEE, Wis, April 6-Wheat
No. northern. S1l2as2; No. > northern. sOa
SIP; May. 1874 asked.
Rye. No. l, 691aa7O:
Barley, No ., 72lea73; sample, 5Sa72
Corn, No. cash, A.; May, rs asked
DULUTH Mimi, April 6.--Wheat No. l
hard. S1A: No. northern. S0t,: No .,
northern. 1914; May, 1912; july. S07s: Sep
tember so