Evening star., 1909-05-30
GRAIN AND PROVISIONS.


| in May wheat came to an unostentatious
end today at the close of a session
| marked by no more enthusiasm than is
manifested on any ordinary day. Only
one price-s1. .34-was quoted for that de-
livery throughout the entire day. which
| is Ia below the best mark for the sea-
son, recorded last Tuesday, and 1c above
the final figures of the previous session.
The market closed irregular. the nearby
deliveries being firm. while the more dis
| tant options were inclined to be weak
| Corn and provisions closed firm and oats
| irregular.
The fireworks which had been pre-
dicted by many in connection with the
expiration of the May deal in wheat
failed to materialize. and trading through
out the entire day was quiet. A few
belated shorts covered" sales at the
opening at 1.34, but no transactions were
recorded during the remainder OF the
day. Sentiment in the pit was mixed
| owing to the conflicting crop news, and
| many traders were not inclined to open
| new trades in view of the holiday next
Monday
Local experts VINO have been investi-
eating the wheat crop of Kansas sent in
additional bulisi reports, but adviceS
from other sources failed to confirm these
reports of a proba BILE shortage. Foreign
news was bearish, wheat conditions in
Europe being more favorable for the new
crop, and the official forecast predicted
continuance of favorable conditions in
this country for the growing grain. The
deferred futures were depressed by the
crop news. but the July delivery was
buoyant, owing to the firmness of May.
Deliveries OF wheat today on May con-
! tracts aggregated 551 900 bushels. which
was taken in by the leader of the bulls.
| No defaults were reported.
The market closed quiet and compare
| lively steady. with prices lac lower TO 1c
higher than yesterdays final quotations.
| May being at 1.34 and July at 1.17A.
Though considerable strength was
manifested in the corn market trading
| throughout. the day was inclined to drag.
feature of the days trading was the
relative strength of the May delivery due
| 10 renewed covering by shorts. There
was fairly active speculative buying of
| the July delivery on the theory that re-
ceipts will be light for some time. De-
| liveries on May contracts were reported
at 41J.OcO bushels During the day that
| option sold between 1874 and 14R. while
July ranged between 6yas and 20 The
yesterdays final figures.
| Trade in the oats market was tame. and
| the May deliveries terminated in consider
able weakness final quotations on that
option being IA below previous close.
Other deliveries, however, were firm. the
July option displaying the greatest
strength owing to fairly active buying
| by a leading commission house. During
| lIle udS May SOiO DelWeeH DSt2 ana O1,
while July ranged between 52a4 and 53sa
| Final quotations on May were 5Ss4 and
for July a'12. Deliveries on May contracts
were $4,000 bushels.
Provisions We're firm all day following
moderate weakness at the start due to
| liberal hog receipts. A scarcity of offer
ings was chiefly responsible for the firm
ness. Prices at the close were to ii
higher.
| Cash wheat-No. . red. 1.5Oa1 81; No. 3
red. l. i0a 20: No hard. 1.:ioa1 40 No )
| hard. 1,3Oa1 80; No. L northern 1.;5a sc;
No northern, l.33al.34; No, 5 spring,
L. 19a .3;.
~orn-No. .. "a: No white. "a: No 2
yellow. "A; No. 3, "A: No , white. "A:
No 3 yellow. "a; No. 4 72ls.
| Oats-No white, 5Si2a6oi4: No. 3 white
57a5sl@: No. white, 55a56l2; standard,
5sao91e
ST. LOUIS. May 29.-Wheat-No. red
cash. LISA 80 nominal: No. hard. 1.37a
1.4o nominal; May. LBS; July. 1.13A !;
! September 1.O1ss.
Corn-No. cash. "A; No 2 white, 75;
July. 69aa, September 611sa67A.
Oats-No. . cash. 5Sl2; No. white, 81;
July. 501a; September. 42l2.
MILWAUKEE. Wis, May oa.-Wheat-
No l northern 1.39; No. = northern, 1.33
July. 1.174.
! Rye-No. l, 50
| Corn-July. 40, asked.
| Barley Standard, "A: No. 3. 73a73Ih
No. 4, 72a13.
| MINNEAPOLIS. May 29.-Wheat-May.
1.30l2: July. 1.2S7sa 20; September, 1.03ss
cash No. l hard, 13314 1.34: No. l north
ern, 1.3.14 a .32S4; No. : northern. 1904 a
| 1.3Ua4 No. 3 northern, 1.o7a a1.23a
| Bran-23. 50a2iU.
| F1our-First patents. 6.40a6.60: second
patents, 630a6.J0; first clears, 5o5a5.25;
| second clears. 3.65a3.S5.
DULUTH. Mimi, May 23.-Wheat-No.
1 hard, 1.31lh; No. / northern. 1.31; No. 2
northern, 1.29; May. l.29; July. 1.2S1s
! September 1lOh.