The sun., 1909-02-07
THE GRAIN MARKETS.
wheat Advanccd-Higher Csbies-sronE
Cash Position-Pattcn Buying-Corn
Rasier-LArEer Movement Expected.


effect OF our weakness Friday had been Offset
oy our small clearanoes. Liverpool shorts
were covering because OF decreasing stocks
and q good Continental demand. Foreign
cash and country markets were also strong.
The weeks increase on passage. e.s20.oOo
bush. had been generally expected and dis
counted. The chief domestic factor was the
strong cash situation. Choice wheat OF all
kinds is urgently wanted. This strength
ened the northwestern markets In spite
Of the heavy receipts there. As expected.
the weather was colder In the West and 1t
was feared that the expoesd plant would be
injured
Bartlett, Patten d Co. bought a million
May In Chicago. forcing the price above
o.. 10. Other buyers were Clement, Curtis
Co., Skillen. Allen. Harheld,
Lake was reported TO have sold 10000
bush. May before noon. other sellers were
Finley Barrell Il Co., Roberts, Adams,
Armour Grain Company and Ware Leland.
Partridge and Lamson were on both sides.
Minneapolis got ss7, 400 BUSH. against
40. 600 last year, but Chicago got only 1900.
against II 900. and Duluth only 24.oOo. against
lo5, 600. The total receipts, however. were
ots car Ss ssOeps esh az Enasapo Dulues
and Winnipeg we're 48i, against 37s q year
ago. Chicago got IL cars and expects II
Liverpool advanced nM.sd. Paris was
Changed. Berlin advanced I'm. Buda-
POI omsSstaheree s Sei is ers. complaint on winter
Hundreds OF acres OF vheat lay just as it
s1wn sSt ond fs nd when be spSns ,Ss
has been damaged 20 TO IS per cent. -
Kansas City--"There are q number OF
regorts here from southwest Missouri
polis--""More than two:thirds Of
the wheat arriving here was sold before II
Shipments that come IN in mare are i nesiected for
the cash wheat premiums down. One OF
ing and tells me Canadian mills need all
the whss. thsfs Is Isft II !Sst SGantryJJ
Argentine during last week the total worlds
shipments wiz foot up but little more than
ten millions. Of which about 600 600 goes to
ments to Europe less than ten millions.
Europe. will need ten million bushels q
week till next crop: ! regard the foreign
Large Des Moines miller said: ".rhe cash
wheat proposition becoming real serious:
Almost impossible to PICK up any good
Liverpool cabled: Wheat very firm,
with Continental demand. Argentine ex-
port houses buying back 2. !: I; salest More
raIR rsi. wanted In some Districts OF India
our market this morning seems cleaned up
for the present A very large export de-
English visible decreased 2.2se 900 bush.
last year decrease. $4,000. :.
Kansas City--No. hard wheat lust sold
si 90. highest on crop
Berlin May wheat olosed Nc. higher than
Broomhall cabled that according to a
report from Ham mburg the. price OF both
floods throughout Germany, this fact being
emphasized by the strength In the Berlin
Budapest April wheat closed Nc. lower.
Chicago o~sfennessee Senate passed a law
legalizing exchange business"
Minneapolis: Stocks decreased 25, 600 bush.
heavy, so4 cars. against lei year ago. but
,ssoa. nss Gsfs 0n made soe time m .ne
receipts are really at the expense OF the al
ready hight country stocks. Cash demand
oT NeSs1 NChns new a
milling situation.
THE CORN SITUATION.
Corn was unchanged here and lower in
Chicago. Yet the decline there was con-
sidered small In view OF the early selling
by cash houses, Country scceptances are
said to be good. but bad roads have inn |
pedsd the the movsmsnt: rene .N.s Many sIPec in,
weather. The strength in wheat helped |
Chicago got 2ss cars and expects 2s7
Armour Grain Company and Ware 4 I.e-
land sold May. Nye, jerks Grain Company |
and Wagner also sold; Bartlett. Patten a |
Co. were on both sides. Brosseau was |
buying. supposedly to cover
THE OATS FEATURES.
Oats were lower. There was no feature /
and trading was narrow the range never !
being wider .,,ln than rs; The easier feeling
Grain Company sold May.
II is rumored that last week another lot |
OF Argentine white oats. 100000 bush, |
52c. duty paid. Some prominent dealers
here confirm these import sales to the ex-
tent Of tso Goo bush The d object Is said
to make any profit on the sale Of the oats !
Receipts at Chicago were loS cars. with
ili estimated for tomorrow.
THE SPOT MARKErs.
Wheat was higher. The local stock is /
by two strong interests. Con;
tract grades are especially strong. and
eps cent sH sons To premS MnSn afmPed
over May against a discount Of hc. Fri |
day: The Z: .aa 9; B. price is now ,i,lsA
s.S sn ass.tisps ID. Ispsrtsd was gained No fresh
Corn was a little lower on medium and
low grades but choice varieties were un-
changed. The great scarcity checks busi-
ness. Exporters took 24.o0O bushels. No,
mixed. 72c. in elevator spot domestic:
no grade, 87@d7Xc,: No. 3. CSC; No. I, 87Hc.:
steamer CSC. all In elevator export.
Oats were unchanged. Business was
at q standstill. Rumors regarding pur-
chases Of Argentine oats were persistent
and were confirmed In part at least by lead
ing dealers, Closing prices on track:
Natural white, 20 to 2s lbs: St@Sshc.: 2s to
White clipped, "a to SO lbs, 5eh@5sHc.
g 70 ss lbs. s7nasenc;; 40 lbs, s91i 1i@e6c.
% lbs. 64d5thc. Argentina offered at
s2Dc.
'alo; siko,. 0. 1. Z. New York. and s2Iic. nom
nal. I. o, b. New York.
BARLEY Mailing, 74@7sc.. Q. 1. Z. New
FORK. Feeding. 7oo,. o. &. 4. New York.
Futures here were as follows.
open High Lor- Clos. Prev
y, Wheat ,lnG, ,.I sa; ,,ng, eloss.
uiy. ...... 100 100 i0s 100 iO5k
Corn: