The Birmingham age-herald., 1909-04-15
WHEAT CLIMBS ID
 4 HIGHER NOTCH May Delivery Touches S129
 In Nervous Market FINAL FIGURES BULLISH Corn Market Is Strong and Advances 41 R1Ak. Az.
.INAL FIGURES BULLISH
Corn Market Is Strong and Advances of to Gents Are Scored-oats Close Higher and Pro-
 visions Firm.

Chicago, April 14-Wheat for May de- livery sold on the board of trade to- day at s129 per bushel, while the July option touched $1 1Sh both figures be- tng new high marks for the season. The market closed strong at @ net gain for the day of ss@1ssc
 Corn and oats also made sharp gains closing quotations on the former being up 7sc to Pc and the latter 15c to 1c above the previous close. Provisions were firm.
 Extreme nervousness marked trading in the wheat pit and prices moved over a. wide range. There was no indication early In the session that the market would continue its record breaking performance of the last two weeks, but on the con- trary the climax to the sensational up- turn in prices seemed to have been reached at least for a time Owing to A. decline of Fad to 1sd at Liverpool the market het ol\ned weak with prices un- changed to sd7sc below the close of the preceding day. Initial quotations on May were at $127 to $1.21s and on July, s1.155s to s1.1s.
 Several of the leading longs in the May delivery bought freely early in the ses,, sion which caused considerable buying by shorts. This resulted in May advancing to H8 and July to $1.17 Much of the demand for July was based on unfavor- able crop reports from Missouri. Con- tinued urgent demand for the cash grain at advancing prices was responsible to some extent for the fresh bulge in May. During the greater part of the day a very nervous feeling was manifested with the May delivery showing the greatest buoyancy. This was partly accounted for by falling off in primary receipts and by statistics which showed a marked de- crease in exports from the United States during March.
 Sentiment in the pit became exceedingly bullish in the final hour and shortly be- fore the close May rose to $1 20 while July advanced to s1.1Sh. There was some reaction from the top of proft-taxing but the close was excited and strong with May at s1.2s% and July at s17%@ 1.177s.
 Advances of 1 to ? cents marked trad ing in the corn market The May de- livery displayed the greatest strength. owing to active demand by bull leaders ana snortS. Light receipts and an im- proved demand from shippers were the chief reasons for the upturn. Cash prices were Up s4c to 1c and total sales of the cash grain aggregated 214,000 bushels. During the day May sold between 66hc and 6sAc. The market closed at the ton with May showing a net gain of 2c at 6SAc
 Oats shared in the strength of wheat and corn, and prices at the close were n xxyift fIa close. Shorts were active bidders all day. Cold weather in Nebraska which is de- laying seeding had a bulish effect. The range on May was between 535s@5Sa4c and 55c and the close at 547s@55c. Provisions were rather weak at the start because of a 10c decline in live hogs but rallied early in the day and continued firm the balance of the ses- sion. The strength of coarse grain was an influential factor. At the close prices were shade lower to 71ac and 10c higher.
 Cash quotations ranged as follow: