The sun., 1910-05-29
FHE GRAM MARKBTS
FFiees Decline - RsAtheP FaSeFanle
-Whsat cree NswS GoSa-Roes,VaS
LmrwA

W@~ wv WV N~~N ~~NN'--
LmrBA
After adVanclna fractlonally q tha Opsn.
Inc. OWING tn hsalae Liverpool advicoa thAM
bad bean expected. covering % shorts
and q certain amount 0f new buying On the
Idea that a. leagt atemporary rally vas due
after tho recent severe decline. wheat
turned and dscl)nsd. Locally the apecula-
tlon Waa a sllm afaiF. but At the West the
maFket uan active and a. times eKcilad-
Nay there led the Way downward. May
here waa nrmeT, The selling Waa appaF-
ontly IN the main Tor long account. though
pic traders hammered at times. encouraged
BY continued favOFabls weather and crop
accounts. RspoFts from TsxAa regarding
the progress Of harvaating and the prob
abls siBs Of tho yield were chssrinL Tho
secretary Of tha Kansas state Board Of
Labor Issued . call for 1o.ooo men 10 assist
IN harvesting the crop IN that state. This
y 9.Ooo moro hand1 than were wanted lasa
year. and Tho fAct vas Eagardad By many
- rather Significant commentary on the
gloomy crop reports that have been received
from private sources IN that State for weeks
and mOnths past. Tho receipts continued
liberal and the cash demand light.
The spring wheat arrivals were tIe.TI1
bush. and che winter 1850. making the
total movement SS4. .2i7 bush. against is1. eco
last year. A. Chicago 10000 hush. we're
delivered on May contracts. Tho wheat
Wal rendered by Peavey and LAmsOn and
taken In by Chandler and Warren. Chaplin a
Co. we're heavy sellers Of September. Logan
Fitch. BaFrsll. Miller. barrett and shearsOn
were sellera. Liverpool closed ID lower
10 htd. higher. A despatch rom that
market said; Wheat a. the start showed
? steady undertOne and values we're an5t
gained IaA With oherinEs lighter. sup
port was stimulated by the late rally In
American prices yesterday and nrmer
offerings Of both Manitoba and La Plata
parcels. shorts covered some During
Nas irregular. With Nay showing q decline
from the opening OF = on tho DrediCtinnn Of
large worlds Ehlpments this week. heavy
American shipments AZ shown by hIad.
streets and the lower carro oRerinRs. The
dbtant months were well sustained and
generally 4 to 2, up from the opening, with
speculative buying and some sunnort By q
prominent nrm, Foreign crop conditions
continue excellent. Russian weather u
favorable and rains have fallen IN South
Australia. thus relieving the anxiety felt
REGARDING the drought thore. India is
commeacinR 70 Ofer neW crop wheat freely,
and Russian offerings are large
TIE COEN SITUATION.
Corn here vas dull and irregular A.
the West prices declined on the bresk IN
wheat. generally favorable weaaher, ceiling
By elevator and provision interests and
liquidation. updike and Comatock sold
freely. hOsenbaum bought. Primary re-
ceipts we're sss.ooi bush, against 10, 1ao
last year. Liverpool reported the under
tone heavy there owing 70 dglncas on the
spot and the pressure Of IL Plata caFgoea.
THH OARS PEATuRKs.
Oats At the WeSt we're weaker owing 20
the depression In wheat and corn. selling
BY cash interests, a dull and heavy cash
market and Liquidation.
THK aP0T AAKIEra.
Wheat nrmer. No. 2 rcd, tiyOTx T. o. b.
ahOat for export No. northern. Manitoba.
e9c. O.. b.. aiioat foe export, Futures
closed &c, higher 70 sc. lower. Corn quiet.
No. mixed, domestic. aSAc. IN elevator.
Oats dull. Natural white on track, es@tec.
Rye and barley nominal.
Wufuram Rafa "A f0lloWms