Evening star., 1909-04-11
No Counter Proposition.
GRAIN AND PROVISIONS.

CHICAGO, April 10-The May deal in
wheat was sidetracked today to make
way for the more distant futures, which
advanced more than cents bushel oW-
ing to liberal purchases by leading bulls.
At the close prices were " to 3Ac above
the final quotations Of the preceding ses-
sion. Corn, oats and provisions also
closed Arm.
Purchase of a big line of the July de-
livery by the same interest that Is cred
tied 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 de-
ferred futures up to new high record
marks for the season. The market fol-
lowed its own course throughout the en-
tire session without respect to firm cables.
Notwithstanding firm market at Liver
pool, due to decreased shipments from
Argentina and Australia, the opening here
was rather weak, with prices unchanged
to ,Aahc lower compared with Thursday 8
final quotations. The principal holder
was a moderate seller of May at the
for the heavy tone which prevailed dur
ing the opening hour. Toward the end of
the first hour the July option began to
show the effect OF the support by prom
of the day the price of the future de-
liveries steadily advanced.
Considerable excitement developed in the
final half hour and prices advanced more
than cent in the last few minutes Of
trade. The top for July was reported at
115. At the same time May solu up to
1.26 and September to 1.O7k. This was q
gain during the day for July OF cents
from the low point early in the session.
The market closed excited and strong.
v1,fth T,11x of 4 q
on May, 1.25A. were rs below the best
mark Of the day. September closed at
1O7%.
General selling of corn inspired by ideal
for that grain early in the day. resulting
in declines of more than Nc. All Of the
loss, however, was regained later in the
session on buying brought out by the
sharp bulge in wheat. The close was
firm with prices unchanged to nan
higher compared with the previous ses-
sion. May sold at 659s and 66h and closed
at the high point.
Oats displayed slight weakness early In
the day because of the weakness Of corn,
but became firmer in the final half Of
the session in sympathy with the advance
in wheat. The close was firm, with prices
unchanged to hc higher compared with
Thursdays final quotations. May being
at 545s.
Trade in provisions was dull and prices
moved within a narrow range. scent
advance in live hogs, and the upturn in
wheat had a strengthening influence. The
market closed firm, with prices unchanged
to &c higher.
CINCINNATI, April 1O.-Cattle-Re-
ceipts. 279; generally steady; fair to good
shippers. 5.25a6OO; common, 2.75a4.65.
Hogs-Receipts. 2,11S; active; butchers
and shippers. 7.5Oa7.50; common. 5.OOa6.6O
Sheep-Receipts, 40; steady, 525a725.
Lambs-Steady, 5.OOa7.75.
ST. LOUIS, April 10.-Wheat-No. red.
cash. LAB; No. hard, 1.27a1.29; May.
1.227s: July, 1.10B.
Corn-No. 9. cash. 66A No. white. 67a
68; May, 65a651s; July, 65A.
Oats-No. .. cash. 53k; No. 2 white
ssh; May. 53b; July. 46z.
MINNEAPOLIS, Mimi, April 10-Close:
Wheat-May, 1.221Aa1.22A to 1.22K; July.
northern, Ian; No. northern, 1.22A;
No. 3 northern, 1.1SAa120A.
Flour-First patents. 5.9Oa6.1O: second
patents, 5.S0a5.95: first clears. 4.65a5.OO;
second clears. 3.35a355.
Bran-In bulk, % OOa22.5O
MILWAUKEE,, Wis, April 1O.-wheat
No. 1 northern, 1.24; No. northern,
1.2Oa1.22: July. 1.14B asked.
Rye-No. /, &c.
Corn-May, 661s.
Barley-Standard, 65; No. 3, 62a83k;
No. 4. 81h.
DULUTH, Mimi, April 1O.-Wheat-
No. hard. 1.24is; No. northern 1.23a;
No. northern, 121h: May. 1.22A; July,
1.221a; September, 1.09k.