The sun., 1908-04-26
THE GRAIN MARKETS.
Wheat Up-smaIl Worlds shlpmonts-Bct-
ter Gables man Expected Excellent
CFop NeMa-Eurn and Oats Easler.

crop NeNs-COrn and Oat Easier
Wheat closed at a fractional advan ce.
| Bulls were favored by better cables than
expected and bullish statistics. Liverpool
advanced 4 TO I'D, and budapest kronen'
Berlin declined TO 2 marks. Paris was un-
changed 10 s centlmes higher.
Tho worlds shipments for the week were
stated St only $500 bush, or over 100000
less than In the previous week, when they
I we're 7OSs 900. and over 100, 900 less than
In the same week last year. when they reached
a total Of II ,07S 900 bush,
Moreover, the amount on passage TO Europe
showed the large decrease OF $4,000 bush. ..
and the total is now less than a year ago,
the present amount ahoat being 72SO 900
bush, against 81 g20, 900 at this time last year.
The receipts continued small. the North
western arrivals being not far from 400 cars
less than on the corresponding day last year.
Bulls lay not little stress on the Increasing
strength Of the statistical position They
contend that II points TO considerably higher
prices before the first OF the new winter wheat
crop Of this country can be marketed.
May continued 10 show strength. Armour
interests we're credited with giving support
Bartlett Frazier 4 Darlington, Logan a
Bryan, BrOsseau, Harris and Chaplin were
reported 10 have bought The Northwest
was buying Al Chicago,
Before the close, however, part Of the rise
was lost on liquidation and more or less short
selling, encouraged by favorable weather
and crop reports Reports from various
sections Of the country reveal a crop situa-
ton which most people regard as being about
as near perfect az It is possible to be.
Moreover the export demand again fell
on and The domestic cash trade continued
isappointngly small Bears contend. too.
that the recent advance has discounted the
strength Of the SPOT situation.
The things which everybody is watching
A. likely to furnish a clue as 10 The course
OF prices Dire lhe action Of May, the Argentine
shipments the rate at whic h supplies are
dimin ishing the receipts and the size Of the
export demand At times Of late the export
trade has shown signs Of reviving, and bulls
contend that II the Argentine shipments
continue small for fe weeks there is likely
TO be a resumption Of foreign buying in this
country. Finley Barrell 4 Co. think the
market miI us Is shaping tSsIf f0T good Sdyapes
are purchase on soft spots.
THE CORN SITUATION.
corn was firm for time owing to the
strength Of wheat, light offerings and cover
ing. but later on It weakened Patten In
teTests were credited with selling. Commits
sion houses and pit traders sold the new crop
months on favorable weather. The receipts,
too, were larger and the cash trade continued
dull
! he downward movement was checked be-
fore The close on bull support and the wheat
strength While the movement Ia larger II
Is said hat the corn is OF poor quality. Liver
pool was unchanged. The world g shipments
were 100000 bush, against 1884, 900 last
week and 1885 900 last wear. The amount on
passage increased 765 900 bush, making the
total g. 800 900 bush against 8. 500 900 last year.
THE OATS FEATURES.
Oats were firm for q time with wheat but
there, was rather free selling Of September
on favorable weather and crop reports and
prices soon gave way. The cash market
was duh, with prices at the West 1Sc lower.
Elevator interests sold May. Stocks con-
tluue to increase
THE SPOT MAREErs
Wheat dull. Sales, 10000 bush No. ?.
No. northern Duluth. N,lIX; No. hard
winter. SiI2iI. Futures closed y 10 &c,
higher Estimated sales, 500, 900 bush.
Corn dull Sales, 5000 bush. No, 2, mixed
in elevator, sec. No. ., I. o. b., 76c Futures
closed nc. lower. Estimated sales. $1,000
Oats dull. Sales. 5000 bush. Natural
white 20 to 20 lbs, jjMj7c. white clipped,
~ TO "a lbs, j6disc" mixed, 70 to 81 lbs,
5l,Ec
Rye dull. No Western, SOc. T. o. b. New
\ NOrk Barley was nolni nal.
Futures we're as follows