The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-06-02
THE. Markets


Chicago, June 2 The first days
trading In the wheat iNarkei since
the elimination OF the May delivery
was marked by an advance Of more
than two cents per bushol in the
price OF wheat Tho market closed
strong at gains Of Y and b.S 70 ! f-S
to 2c compared with SATURDAYS final
quotations, Corn, oats and provisions
closed strong.
The action Of Tie wheat market
was surprise 10 many traders I'M
as much as Il had heen generally ex
uected that prices would react s0me
what from the high level attained
during tho deal In The May delivery,
owing to the Ideal weather conditions
prevailing for the new crop. Instead
of declining, however. prices made
sharp gains. particularly the july
opllon. which al one tlmn during the
day was iac above the close Of
The previous session Other deliv'
cries we're firm throughout the entire
session, but the advances were less
radical Prices at the ton showing
gains Of a trlfle m0re than ic com
pared with Saturdays CLOSE nulish
sentiment was rampant al day. not
wlhsianding the development Of
considerable news Of 4 bearlgh tenor
and was based chiefly on uufavorahle
crop reports from the Southwest.
One Of the principal factors III the
situation was the Oklahoma report
which makes the condition ol the
winter wheat crop uf that state 81
Oh June | compared Wlth IA d month
ago and 81 last year according 20
the governments estimate Other
strengthening Influences werA Il con
timed brisk demand for The easi
grain. 4 substantial Decrease In The
visible supply IN the Unlied aialeat
and an unofficial egiimHle on The
Hungarian orop, which showed a
shortage II nearly S0n0nn00. e0m
pared with last years yield
Demand for July wheat was eBpe
rlally active all day. one concern
being credited waih purchases agere.
rallng nearly g.000.000 hBsheia nur.
Ing ahs day that oniion sold between
Sii73s and 81 tgM 'Fhe market
closed strong with July af 81. 10 1.S
10 ei.tgi4. net gsin for the d8v
nf ! as to Sc September closed
34c higher at 81 0sE.
Corn.
Despite ideal weather conditions
for the crop. the rorn mnfket was
strong All DAY and Al The CLOSE prices
were 10 sf 10 iA Ia 1850 compared
with Saturdays final figures The
range on The july delivery for the
dag was helween Ga Ise to Zoe and
n 9.se 10 Tihae and bhe close was
at n lie 10 u 3.se.
Oats.
Oals shared IN the bullsh sentl.
menl prevailing IN wheat aud corn
hui 10 lesser deeree The market
CLOSED firm with prices i.se 10 nc
above the final quotations 0f The pre-.
vlous session.
Provisions,
Provisions scored substantial ad.
vance. unrk 81 ihr elosn was use
ahnve Saturdays final figures Lard
and ribs closed &c to iTMn higher
KANSAS CITY LIVE STOCK.
-=..-s=
Kansas city, Mo- June Cattle
receipts yesterday 10000 including
l.5h9 t0tflhernB market steady lo
| Toe lower Choice and dressed beei
steers 81 80 to g7.0e. far 10 gond
a6.85 ID 1886 western steers $50
10 s8Ta sioekerB ana feeders 81 be
/ 10 $3.50. southern steers &f25 to
$685.. e0utefn c0ea g17s u 5a5a.
native rows ea2s % shtAi natlpe
hrlfera s4.q5 to $500 bulls $50 q
sb.2b. calves s375 10 g70o.
Houa.
Receipts 5000 market alrune n
&c higher. Closed weak Top 9T40s
bulk of eaiea 1856 10 s7a6. heaY5
e7.2h 70 q7s0. pacAefs and butchers
a7ak - 81 3s. ilehts s675 to e7t5:
piss 9b75 70 ee rs.
Sheep.
Receipts 7.b00. market alronr
Lambs s7.0o to e9.g5 1eaflIuka sg.27
10 ehf0. weihefs. g. 50 to $3.50. awes
n47N to $500. sioekera and feeders
o92s q $500; Texas muIiops s47i
r gafa