Los Angeles herald., 1907-05-28
CHICAGO GRAIN MARKET
opening IN the Wheat Pit Is Wild
and Excited-Provlsions Dull
and Weak
By Associated Press.

| BY Associated Press.
CHICAGO, May 2I-The opening in
| wheat today was wild and excited with
Initial trades showing a range within
| Lrlces from a shade to 31s@SMc above
SATURDAYS final figures The new high
marks were established at the opening
The dominating factor was the unseas-
onaoly cold weather that prevails over
me, me greater Tart of the wheat growing
were reported in Kansas and Nebraska
and aaTnd ilght frosts in Iowa, Missouri and
Commission houses deluged the markei
with buying orders when trading began
ana TINS demand was materially arg
fnThted Tha by ne heavy purchases of shorts
rroht taking ana nnder this prices eradi
ally worked downward. Sellers were en-
GouIIaaged 6y the more favorable news re-
garding European crop conditions. The
prolonged drouth in Roumania and narts
OF Russia were reported broken and ali
liIiI European m markets showed the effect of
sight off in the opening furry here. but
after that was over the European cpop ron
news E,s d'ns Was given 1 more attention.
market remained nervous all day Late
in the session continued profit takin;r
weakened the market and the close was
gl; ;O31a, advanced to $1O3i5 and declined to
y 90 The close was 5sda4c higher at
y Il .OS1s@5; 81 G55;l ;l9OA September opened a shade
er at. $1.O2. December opened THmfsa,
higher, at $: 1:Ot91 ;O519, sold off to 81 81
and closed A@3sc higher, at 81 O3
Corn was strong early because of the
cold weather in the west. Continued eX
fsellent shipping demand also figured in
lost nearly all of the advance on heavy
sales by commission houses and outside
Longs. July corn closed %c higher at
The oats market was also bullishly af
fected by the cold weather, opening quo
tations showing sharp advances. Active
selling of September by leading long
later caused a reaction in ali options Ions
July closed 3, &C higher at 4S1sc. p''''''
!, Provisions We're dull and weak most of
liberal receipts, being the chief cause 4
fair investment for lard and ribs later
caused some reaction in those products
At the close July pork was off 1215c, lard
was up 5s and ribs were n shade higher
Market Ranges
WhssataJuly. t. 81, ,oOBG1 .OOA; Sept. s1.o2ss;
Gorn-May, 54ac; July, 5sAc; Sept.
Gats-May, 4S1sc; July 4S5sc; Sept. S97sc.
Cash quotations We're as follows:
Flour, firm; No. 2 spring wheat. 81 .O20
1:O5; No: 8, 96cqI:05; No. 2 red, 95Ac@p
o0$ No 3sir corn S5c No S,2ay yea0yw aaiyW SSac;
white, 46a4SAc;. No. 2 rye, Soc; fair to
choice mailing, barley, 7S476c; No. flax
Sr Sgfd m6by 26 N0 Seed 81 CT e6yes oonrao @
grades, $15.25; short. ribs, sides. loose.
S. .621Aq8. %; mess pork, per , bbl I6.3,lals
sides, boxed, s9.171aq9.25; whisky, basis
OF high wines, $1.9l.
Articles. Receipts. Shpmts
ESur MSart bbls bIish ''''' 5SSd 5SS5S i42a ItgGt
w neat, DuSn ..........'.... oV'OUUV 1f'tt6t
corn, DuSh ..........'..'... il'55U 40, 11d6oo
Cats, bush ........... 5SS'SSS S9 6SS 205'S9 SSo
Rye, bush .................. Jg'9Vo s'VUUUo
Barley, bush ............... 1000 6,4Oo
LIVERPOOL, May 27.-May wheat.
nominal; July Is 2ssd; Sept is 41ad1
SAN FRANCISCO, May H,-Wheat,
strong; no sales; cash. $1.50. Barley;
quiet; May, 81 .221s; Dec $1.25 bid; Sic
asked; cash. $3.50, Corn, strong; large
NEW YORK, May 27.-,;Wheat spot,
firm; options closed Ac lower to- 1ac
higher; May. $l.O519; July, 107ls; Sept.
81 .071s; Dec. 81 .0S.
Knicker-Smiths wife wouldn't let
him use his revolver on the burglar.
Bocker-No she said she never could
tie the pink bow on it so prettily again.
New York Sun.