The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-06-30
IL eRAIN MARKErS.
wheat Deellnes G~harpiy-Juiy Deliveries
F~eared-tseayy ~LiquIdation Corn and
OatA Easier.

@-
wheat DeelineS Sharply-Juiy Deliveries
Feared-EHeayy Liquidation Corn and
Oau Easier.
Wheat declined sharply owing TO liauida-
ton In fear Of heavy July deliveries on Mon
day, That overshadowed everything else.
II is estimated that the deliveries at Chicago
on July contracts on Monday will approIi-
mate 5000, 900 bushels or sven more.
Moreover. the weather was In the maitl
favorable. Beneficial rains were reported
In the spring wheat belt. while at the South
west It was generally clear and favorable
for harvesting,
view Of the winter wheat situation. SeoEA-
tary Coburn Of the Kansas Board Of Agrlcult-
IRE says that no one In Kansas knows what
the yield will turn out to be.
Minneapolis. Duluth and In fact all Of the
outside markets showed weakness. The
Northwest and the Southwest sent selling
orders. In short. 1t was a day Of liquidation
everywhere. Many stop loss. orders were
uncovered. Bears sold aggressively.
A It times Chicago interests gave active SUP
port in attempting to check the decline. but
10 the end their efforts were of no avail
50 heavy was the pressure OF liquidation.
and the final prices we're about the lowest
OF the day.
region, but also In the Canadian Northwest
beneficial rains occurred. temperatures
moreover. were higher some publish Sm,
MT fft WAS Z" stated that Patteu interests sold
R RsrtIeft. Il bto ainsenp0GG snby yOR MoIntyr e' and
other prominent interests sold freely here
Dn H despatch from Toronto said that the
Alberta wheat crop is the best on record, with
an increase OF " per cent, II the acreage'
toT The cS Sek: r Tsef esm fI. Il t atts mai,ni out EiS Ses
partly pST Hf,,, while Paris yaS unchanged; a.
crop reports were bullish. Broomhall est;
bush, against 1881 900 last week and s'Oat'OOO
'af The Cincinnati Price Current says; The
closing days Of the %atHrI1g ReIsloa an 19r t Sta.
s ssf s %adaf asV Of P better rN resuips than earlier
reports indicated would be realized; II
shreshinE returns are s.a not .S ais ol@p s sPRsanled
not fall short, OF, what has been recognized
as likely in calculations already made"
reHerali Ief favorable weather and liquidation.
ne dseiins Wa checked q By ,S So%miS*%IGR s
Sepseai COMPLAINTS OF the backwardness Of the
crop tend 70 keep short selling within pounds
POOL was unchanged. Chicago received H3
cars, including IS Of contract grade and eH-
peet to $50 on Monday. -. H..
Heavy liquidation occurred in. July owing
to the fear. Of large deliveries and that month
showed the most depression. Beneficial
rains were reported and many regard the crop
outlook as more promistnR.
Armour Interests sold, July oats. Pringle
and White sold September. MARRIED., Ster-
ling and Knight were buyers on the decline.
Chicago received Ia cars including u OF con
tract grade. and expects l4S on Monoagi
ist. 900 bush, mainly for export. No. . red,
1c. under, July { (, b: afoat for export;
Futures closed 2 TO axe. lower. Sales. 1900
900 bush. ooo
Corn was quiet on the spot. Sales. 10000
CSC. in elevator. Futures closed a to ic.
lower. No sales.
busiI, Natural white on track. 80 to 80 lbs,
5oG5ic.; mixed. 26 TO 81 lbs, 4995c. Rye and
barley we're nominal.
uII.En N q GnIlnmaL