The Birmingham age-herald., 1910-03-18
WHEAT DECLINES
 IN WEAK MARKET Realizing Sales Are Heavy in
 Late Session THE CLOSE IS IRREGULAR Corn Prices First Advance Then Drop Decidedly on Selling for Profit. Oats Close Lower and PrO-
 visions Higher
THE CLOSE IS IRREGULAR

Chicago, March 17.-All the grains de- clined in price today under heavy sell ing pressure The break in wheat came after strong early market and only the September option was able to with stand the downward trend sufficiently to keep above yesterdays closing figures. Corn declined to a close lsc to %c lower, and oats, under large offerings, also fell away. Provisions travelled up early in the day and lost some of their grain when the break in grain prices became pronounced.
 Crop damage reports early in the day and absence of moisture in any great amount throughout the southwestern wheat belt gave encouragement to the bulls in the wheat pit, and all the fu- lures made material gains, the more dis tant options outstripping the May deliy- cry. Realizing sales in large amount, together with extreme weakness in the cash wheat market, worked against the high prices and dragged all the options down. May fell away 11sc from it's top point of S1137s, while July and Septem- Der declined less sharply. The Septem- Der delivery was especially favored by some of the large buyers, and their de- mand kept prices for that month from touching the low points on which the nearby months rested
 July dragged late in the day from s1. .07d1.os to s1.067s, closed unchanged at s1.07 September fell off from ao6AQ 1.O5ss to s1.O4ss@1 0414 above it's final fig ures yesterday. In the last minutes the distant months added a shade to it's selling price and closed 149ssc up at s1.O4ss 01 O41h. The weak close left May ssQs4c off at s1.129s@1.12lA.
 Corn prices showed gentle advance at the start, which, under an abundance of offerings, changed quickly to a de- cided drop in the quotations. Bulls sought to rally the market as wheat prices became stronger, but their efforts were unavailing when the break in the wheat pit occurred and corn prices sank to still lower levels, closing practically at the bottom. The unloading of long corn carried prices for the May delivery down from 641sc to 631sc, the more dis tant months declining less sharply There was a poor demand for cash corn, and prices fell off about Ac. No. yellow sold at 61d62c. The close was weak for all the futures, with May %c off at 631sc.
 Liberal offerings flooded the oats mar ket all day, and prices sagged from sse to 9sc, a few elevator concerns and scattering shorts giving the only sup port to the market The close was weak at about the bottom, with May 1sq9sc off at 441sQ445sc, after having dropped from 45xQ4514c to 4414c
 Provision prices were strong most of the day, and at no time fell below the final quotations of yesterday. The ad- vance early In the day was more pro- nounced in pork, though all the products felt the bullsh effect of continued high prices in live hogs. The bears in wheat for a time threatened to cause trouble for the provision bulls, but buyers ral- lied, and while some of the earlier gains were lost, the close was strong and well above yesterdays final figures.
 Future quotations were as follows: