The Birmingham age-herald., 1909-04-11
THE WHEAT MARKET IS STILL BULL|SH July Gains More Than 3 Gents
 During the Day
DEMAND IS VERY STRONG
Ideal Weather for Farming Causes Selling In Corn Market and Brings Weakness-Oats and Provi-
 sions Also Close Firm.

Chicago, April 1O-The May deal in wheat was sidetracked today to make way for the more distant futures, which ad- vanced more than cents per bushel owing to liberal purchases by leading bulls. At thr close prices were 1kc to 3%c above the final quotations of the previous session. Corn, oats and provisions also closed firm.
 Purchases of a big line of the July de- livery by the same interest that is cred ited with control of the May option was the feature of trade in the wheat pit. The September and December deliveries were also bought freely by the leading longs and their followers. This demand inspired active covering by shorts late in the day, which carried the price of the deferred futures up to new high rec ords for the season.
 The market followed It's own course throughout the entire session without re- spect to news of the day. Notwithstand- ing firm market at Liverpool, due to decreased shipments from Argentina and Australia, the opening here was rather weak, with prices unchanged to ss9Ac lower, compared with Thursdays final quotations. The principal holder was a moderate seller of May at the start, and this was given as the reason for the heavy tone which prevailed during the opening hours.
 Toward the end of the first hour the July option began to show the effects of the support by prominent bulls and dur ing the remainder of the day the price of the future deliveries steadily. advanced. .
 Considerable excitement developed in the final half hour and prices advanced more than 1 cent in the last few min utes of trade. The top for July was reached at s1.15 At the same time May sold up to $1 25 and September to s1. .o7x. There was gain during the day for July of 31Sc, low point of $1.111a being recorded early in the session. The mar ket closed excited and strong with July at $ .l47sQ1 .15. Final quotations on May, $l .26ssc. were ssc below the best mark of the day. September closed 3% cents higher at S.07A.
 General selling of corn inspired by ideal weather for farm work, caused weakness in the market for that grain early in the day, resulting in declines of more than a half cent. All of the loss, how ever, was regained late In the session on buying brought out py the sharp bulge in wheat
 The close was firm, with prices un- changed to 1sQAc higher. compared with the previous session. May sold between 6Sss@6s14c and closed at the high point.
 Oats displayed slight weakness early in the day because of the weakness of corn, but became f1rmer in the final half of the session. in sympathy with the ad- vance in wheat The close was firm, with prices unchanged to 7xc higher, com pared with Thursdays final quotations May being at 54%c.
 Trade in provisions was dull and prices moved within a narrow radius. A 5-cent advance in live hogs and the upturn in wheat had strengthening influence The market closed firm with prices unchanged to cents higher
 Cash quotations were as follows: Cash quotations ranged as follow.