The Birmingham age-herald., 1910-04-09
SLIGHT DECLINE
 IN WHEAT MARKET Government Crop Report Has
 Depressing Effect DEMAND IS VERY LIGHT
Wide Fluctuations in Price Mark the Trading in Corn and the Close Is LOwer-Oats Steady and
 Provisions Decline

Chicago, April S.-The government crop report was an influential factor in the wheat market today and caused extreme nervousness in the pit under the final half of the session. A steadier tone developed late in the day and at the close prices were unchanged to 1sc to 1lc lower com pared with yesterdays final figures Coarse grain was affected by the cratic course of wheat, prices moving over a wide range. Provisions were weak nearly all day and closed at net declines of 121kc to 221ls@25c.
 The wheat market was an exceeding ly dull affair during the first part of the session or prior to the publication of the official statistic condition relating to the fall sown crops and prices showed little tendency to move either up or down. Following the issuance of reports, how ever, trade became decidedly active and prices f1uctuated nervously over wide range, which for the new crop months was more than 2c.
 According to the official report the con- dition of winter wheat in the United States on April 1 was 80 & of a normal CIopt WHlCn WOulu 1UUlCdIt d ylelQ or 4fot- oo0. GOO bushels. While some traders con- sidered this bulish showing the figures were generally construed as favoring the bears. Aside from the crop reports the news of the day was bearish. Cables were lower. weekly shipments from Australia were liberal, exports from the United States and Canada were also large, and demand for cash wheat was still negative quantity.
 During tho day, the July delivery ranged between s1 o4t4Q1 06il, while September prices were more than 1c above the low mark, although the new crop months were still trifle below yesterdays final figures, July being at s1 .05?ssss and Sep tember at s1 .0214@1 OPS.
 Wide fluctuations in prices marked trad ing in the corn pit and the volume of bus mess was large, although still far short of that of the previous day. Considerable firmness was displayed early in the ses- sion owing to covering of fair sized lines, the buying of which was based on the theory that the liquidation of the last few days had carried prices too far down.
 In the final half of the day the market was in clined to follow wheat in its er- ratio movements.
 ne CASH hll Wdc III ltiii oDihahU 1. steady prices and sales for the day were estimated at about 130000 bushels. No. g., yellow, sold at 551aG66Ac. The May deliv- cry sold between 5Sand 59isQ59Ac. The market for options closed easy with prices 14c to ssc lower, May being at bSssc. Oats. showed relatively more steadiness than wheat or corn, owing to an i'm proved demand for the cash grain. The market was governed to certain ex- | tent, however, by the course of corn. The range of prices for the day was con- fined to within 1c. The market closed steady with prices a shade lower to a shade higher.
 Provisions were weak all day with the Exception of a short period early in the session, when the market showed some firmness because of a Dc advance
 in live hogs. Longs were inclined to take profits and buying was of a scattered na- ture. Final quotations on the May deliv- cries were as follows:
 Pork, s24.O5924.071a, 221sc lower; lard. s13. .471a, 121kc lower, and ribs, $13.221S which was 121ac@15c below the previous close.
 Future quotations were as follows;