Evening star., 1909-05-16
GRAIN AND PROVISIONS.

CHICAGO. May 15.-Ideal weather for
the rapid advancement of the new crop
Of wheat In the southwest caused the
wheat market to close weak today with
prices or II to Sc compared with yester-
days final quotations. Corn and oats
also closed weak and provisions steady.
There was quite general selling of wheat
at the opening OF the market here, and
initial quotations showed losses of Aa4
to han compared with the previous close
The selling was inspired by the favorable
weather conditions for the fall-sown crop
the practical completion of seeding opera
tions in the northwest and by bearish
European advices.
The leading European markets were
lower. and an unofficial estimate on the
worlds shipments for the week placed
the amount at more than 100000 BUSH
els OF which amount Russia was cred
market rallied from the opening slump
on buying by leading commission houses
ana for time a firm tone prevailed,
based to some extent on comparative
timent. however. became quite bearish
again In the final hour OH renewed selling
by pit traders. who were actuated to some
extent by the heavy tone Of corn. The
close close was easy. July closed at 1.13a1 .1s.s
aIter ranging between 1.12A and 1.13ss.
The corn market was subjected to
general selling pressure all day, owing to
talk OF material increase in receipts
here during the coming week. A decline
or VI to, 1c In the price of the cash grain
also inspired some selling The market
closed weak at the bottom, with prices N
to y below the final figures OF the previ-
GUS session. July sold between 6Sk and
6SA. and closed at the low point.
Favorable weather conditions for the
new crop induced free selling of oats by
outside longs and by local traders. re-
suiting In a weak market throughout the
entire day. The deferred futures were
subjected to the greatest selling pressure,
although there was also liberal protit-tak
Ing In the May delivery. July ranged be-
tween 81 and SIX, and closed at 511s.
The net loss for the day was A to a.
Provisions were moderately firm early
in the day. owing to light receipts of live
hogs in the west. but the market eased
on during the last half of the session on
profit-taking. Pork. however, proved an
exception and closed firm at a gain OF >
Ito 10c. Lard and ribs were 21a to ) lower
at the close.
Cash-Wheat-No 2 red. 1.45a1.4 .4s; No.
3, red, 1.40a1.45; No. 2, hard, 1.27ssa1 rs;
No 3. hard, 1;24a1. 2s; No. 1, northern.
sa, anr;n: ao; Ne s..; ? ~ northern 1sea1ss No.
Corn-No. 2. 75A: No. yellow. 75laa7e;
No 3. IS; No. 3. yellow. 75Aa75h: No. 4.
oats-No. 2, white. SehaeoH; No. 3.
standard. 59ka59A.
ST. LOUIS, Mo-. May 15.-Wheat-No. O.
red, cash. 1.54a1. 50: May. 1.32: No. =,
hard. 1.33a1 80: July, 1O95ta1. .O9%; Sep
tember, 1.O4asa1 .O41a.
Corn No. 3. cash, 7sh: July. ss1sa6ssa:
September. 66,s: No. 2 white. Tx.
Oats No. 2: cash. 81; July, 4sss; Septem-
Der, 42h; No 2 white, 50.
MINNEAPOLIS, May 15.-Close: Wheat:
1O71salo7as. Cash NO. i hard. 1.2alsa
1.SO: No. / northern. 1.2Sl1sa1.29: No. 2
northern. 1.261sal27; No. 3 northern,
1.241ka1 25
Bran, 24OOaoI5O.
Flour: First patents, 8.10a6.3O:, second
patents, 6.OO.6.o0; first clears, 475a4. 50;
second clears, 335a3.5J.
MILWAUKEE,. Wis, May 15-Wheat:
No. / northern, l. 81: No. > northern, 1.3Oa
1.31; July, 1.13a1. 1875 asked.
Corn: July, 6S1a bid.
Barley: Standard. 72; No. 3, Il; No. 4,
7O1a.
DULUTH, Mimi. May 15.-Wheat: No.
hard, 1.29: No. northern, 1.271a: No.
2 northern 1.251s; May, 25h; July, 12J;
September, 1.OSA.
LIVERPOOL, May 15.-Closing-Wheat
Spot No. 2 red western winter nominal;
futures steady; July So 11bd. Corn
Spot strong; new American mixed (via
Galveston), IS I'd; futures quiet: Nav
nominal; July IS 4Ad