Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-04-04
GRAIN AND PROVISIONS.

CHICAGO, April 3.-For the third con-
secutive day new high record marks for
wheat were established on the board Of
trade here today when the May delivery
sold at l.22L and the July at 1.06x per
bushel. The market closed strong at net
gains for the day OF a shade to 1a1lsc
compared with the previous close. Corn
and oats also closed firm and provisions
steady.
Extreme bullishness was manifested In
the wheat pit throughout the entire day
and the volume Of trade was large. Trad
eIs in the pit were apparently not great
ly- disturbed by the suspension Of John
Dickinson & Co., announced here be-
fore the opening OF the exchange. mas
much as the manager Of the concern here
declared there would be no losses to the
Chicago Office. At the same time 1t was be-
lieved a good many short sales for the
account OF the Arm existed. This proved
true to some extent, as there was buying
of wheat for whom 1t would concern"
during the early part OF the session, pre-
sImably Dickinson short lines. The mar
ket opened strong and at wide range of
prices. First trades on May were quoted
At l.2Uiz to LIZ. the latter figure being
the high point made in the Gates deal in
1905. The July delivery opened at 1.0Sl4
10 1.0Sla.
The strength at the start was due 10 the
huliish situation surrounding the cash
sraln In this country and to an advance
OF ed TO sd at Liverpool. The ieau,ng
bIll Was on the buying side OF the mar
ket and this started plenty Of covering
by shorts. Early in the day prices re-
acted "A tribe on proht-taking, but toward
started upward, and before the upturn
wax checked May had advanced to 1.22A
and July to l.Os34.
During the final hour the market was
nv dan
and by an improved demand for flour in
the northwest Fresh reports were re-
eeived from Ohio. telling of injury to the
crop by winter killing. The close was
strong. with May at l.alssal.21%. and
July at l0Sss
The corn market was a spasmodic af-
fair. trade being active at times and
then inclined to drag. The tone. how
ever. was firm all day. mainly on ac-
count of the strength of wheat. Small
receipts. light country acceptances and
an official forecast for unsettled weather
In the corn belt however had some eff
feet. The close was firm at net gains Of
a shade TO i4ass, May being at 81 and
July at SOS.
oats and the market scored moderate gains
In sympathy with the strength of other
gram. Cash houses bought May rather
freely. while shorts were the principal
buyers of the deferred months The mar
ket closed firm at net gains of . to %
Final quotations on Nav were at 5js42
55fs. and on July, 4S1sa4SS.
Provisions were quiet and steady. Buy
ing by d local packer. based on a Scent
advance in live hogs. was the feature of
trade Al the close prices Were a shade
to ) cents higher.
Cash wheat-No. > red. 1osi:ai .32L !;
No. :: red. !. :5aI.3 30: No. hard. 1.e0Ha
125l4 No. :: hard. l.l5a1.2::; No. north
ern. ool,aI .2a:a.ia; No. . northern, i.1slaa
1.22L No. :: spring. 1.1Sal.22.
Corn No. 3. 6;s4a6Il4; No. yellow,
G1a61I1: No. a. 65ta
Oats-No & white. 54aJ6: No. white,
53a5iL.: STANDARD. 56aJ6Ia.
MINNEAPOLIS. Mimi. April a.
Close: Wheat-May. 1.17s4: July, l.1S3s
cash. No. hard. I.1Oizai. lOS4: No.
northern. .1Maa1.19s4: No. > northern,
1L1Ica1 ia: No. northern. 1.14t.al 1921
Flour-First patents, J.SUao.y,; second