Show GRAIN AND PROVISIONS Chicago March 4 Wheat prices broke sharply shar here today toda owing to private re report reports ports porta port giving estimates 8 on farm fan reserves of wheat wat which reports showed showe a n much larger amount of grain brain in farmers hands than had been bEen forecasted by b leading lo local lo local cal bulls buls Part of the th loss was regained but at the close prices were still sti to c below yesterdays close clos Opening quotations were He c lower lo er to toU toc toe U ic e c higher compared with the pre previous previous I Ious close The leading bull bul was a buy bur buyer burer er of f the May delivery and this forced fored that option opton up to 19 In the first few minutes a a gain gan of U to He c oper the opening Toward tha the end of the first frt hour the report of a a local crop statistician was made public showing probable reserves of wheat heat still sti in farm farmers fan ers era er hands amounting to 1200 bush bushels bushels bushels els These Thes figures were about 2 O bushels buhel In excess excels of o the estimate of the bull bul operator who is credited with wih practically controlling the thE wheat het situation In Inthe Inthe inthe the speculative market market Another esti estimate est estimate mate made by b a a Kansas Kaneas City Cf expert placed place the the reserves at a still sti higher fig figure figur figure ure ur brought out by these reports caused a quick decline in prices May 11 dropping to lii 11 During the re remainder of th day the market continued very nervous but some me of or the t earlier earler tons loss l was recovered The close dote however was aas rather weak with wih May at 18 11 U i 11 and July at 10 11 a 10 New ew high hl record marks for the season were made by all deliveries of corn cr May ay advancing to and July to fiT 67 17 71 The range for the day da on May a Gf was g iH to tl e H B SU The market closed close strong with ith prices pM 8 up f to c com corn compared comp pared p 1 with the previous Jre lous doe close May Ia being at it j 63 H 8 end and July Jub Juh at It 6 Oats Data Ot also advanced advance to new nt high record marks markt for the season seaS I May 8 at one time selling felling at 5 T W and July at Cl s The Te closed close cO firm finn fr with wih prices priCES up t to 3 c compared with yesterdays final I quotations May Ia being at 5 56 and July Jul Julat at 50 30 O Selling j of provisions by b local packing interests caused cuse weakness in that mar market marj market ket ket and ad final quotations showed showe losses loses of 5 u to tolO lOc The leading futures ranged as follows WHEAT Open i High I Low Lw Close Close May 1119 1 July t 10 1034 1 Sept i 9 9 9 I 05 9 CORN CORNI I Open i High Low Lw I Close Close May 67 6 65 6 July 6 66 66 16 Sept 66 6 67 I G 6 OATS OATS I Open Op n 1 I High j Low Lw I Close Close May i 56 July Jub lr J 50 b Sept 1 UI if 41 g 41 MESS barrel larrel I O Open n I High J Low L I Close Close May 13 1732 l 1723 Jul July 1710 1742 1730 1735 13 LARD Per Pu 1 pounds I Open i i High Low Lw I Close I May Ma 1000 1000 i 99 I 99 4 July 1010 1012 o 1002 1007 SHORT 10 pounds I High Lw Close Cloae Clote May Ia i 9 2 91 July uly I 93 19 I 93 19 I 93 9 Cash quotations were as follows Flour Firm Rye No 2 lOt Barley Feed for mixing fair to choice malting Flax Fax Seed SeNo No 1 southwestern No 1 northwestern northwester 0 Seed Timothy 8 Clover Moss 10 Pork Per barrel brel 1 12 Lard Per 10 pounds 98 Short Ribs Sides loose Short Clear Sides boxes Grain Statistics Total clearances of ot wheat and flour four were equal to iO bushels Primary receipts were bushels with o bushels the corresponding t day da a year r ago Estimated receipts for tomorrow Wheat 66 6 cars corn com cars cr oats 19 cars hogs 30 head hed |