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Show BULLISH INFLUENCES RULE WHEAT MARKET 1 Reports .of' Drought and Small Primary Movement Add Strength. 1 CHICAGO, April 10. The market was strong for wheat nearly all day, although al-though at limes prices reacted considerably consid-erably 011 profit-taking sales. The principal prin-cipal bullish Influence was the numerous numer-ous reports which told of damage In western Kansas and Nebraska by the drought. A material decreaso In the primary pri-mary movement, however, was another important factor. The inarkoi closed strong. May opened 1c lower to 1c hlgh- ! or at fiORffjOOic advanced to Olflc and closed at ulifoQUc Sentiment lh the corn pit was bullish all day because of tho continued small movement. Trade was light, however, because of scarcity of offerings. Unsettled Unset-tled weather In the corn belt aided bulls. The market closed firm May opened llc higher at 671(i?67Jc. sold at 07 67ie, and then advanced to 671c. The closo was at 67ic. The oats market was strong, but the volumo of trado was small. The strength of wheat and corn was the main bullish factor, but tho market was also affected by dry weather reports from various portions of the Southwest. May oponed jc lower at 52Jc, and advanced to 53c, whore It closed. Provisions were dull and. easy. Commission Com-mission houses and local packers wero moderate sellers, while the demand came chiefly from shorts. At Hie close May pork was off 121c; lard was 2ic lower, and ribs were unchanged. i RANGE OF' THE LEADING FUTURES. ! Wheat Open High. Low: Close. May 90: 918 SP? 01 i I July S4i S51 83? S4i Sept S34 . i $21 S31 1 Corn I May 678 673 671 67j July 6i 6U 64 641 Sept 631 631 R2I 63 Oat? May (old) .. 521 531 "21 53 May (new).. 511 513 51 i 51 J July (old) .. 451 453 43S 43? July (new).. I3j 43 43 13 Sept 371 37 371 37 Mess pork, per barrel Mav 13.171 13.475 13.35 13.35 July 13.75 13.80 13.65 13.65 Sept 14.10 14.10 13.971 13.971 Lard, per 100 lbs. May S.371 8.371 S.35 S.35 July 8.60 S.60 8.55 8.57j Sept R.771 S.77J S.75 . 8.75 Short ribs, per 100 lbs. Mav 7.20 7.20 7.15 7.171 Julv 7.10 7.45 7. 10 7. li!i Sept 7.671 7.671 7.621 "-65 CASH QUOTATIONS. Caih quotations were as follows: Flour weak; off. 10c: No. 3 spring wheat, 93edT 51.03: Xo. 2 red. SOS'S 91 Jc: Xo. 2 corn, 67tf?67ic: Xo. 2 yellow. 67jff671c; Xo. 3 oats, 52c; Xo. 3 white. 501TT621C; fair j to choice malting barley, 73iS3c; Xo. 1 flaxseed, northwestern, $1 ISi: prime tltn- j othv seed. 54.50; short ribs, sides (loose). I $6. 62itf 7.121; mess pork, per barrel. ?13.25 iff 13.371; lard, per 100 pounds. E8.30; short ; clear sides (boxed). $7.50(S,7.7o; whisky, basis of high wines. $1.35. I RECEIPTS AND SHIPMENTS. I Receipts. Shipm'ts. ; Flour, barrels 21,800 15.600 I Wheat, bushels ........ 11.400 28,100 I Corn, bushels 127.200 117.100 ; Oats, bushels 198,000 1 10.500 Rye. bushels 2.000 16.200 I Barley, bushels 25.200 29,000 PRODUCE EXCHAXGE." On the produce cchango today the butter but-ter market, was steady: creameries, 2 2 Iff 30c; dairies. 202Gc; eggs easy; at mark, coses Included. 14c; firsts. Ulc: prime firsts, llc; cheese steady. I2fl31c. Gold in European Banks. -In spite of the fart that the pnsl twelve inoiilhe have seen a net gold export ex-port of 560,000,000 from Europe to the United States, sevan of the great State banks of Europe. In their last reports, showed aggregate gold holding ?156.-600.000 ?156.-600.000 greater than at this Mine in 1907. Here nre the ilgures: April, 190S. April. 1907. Inc;eas. England: U9S,014,000 J174.9S1.000 J23.633.000 France: 553,217,000 520.S37.00O 32.410.000 Germany: 112.006.000 105.582.000 36,424.000 Russia: 480,565,000 154.SS0.00O 25.6S5.000 Holland: 3S. 169.000 25.720.000 12.715.000 Rclgluin: 30.115.000 21. 195.00O 5,920,000 Ilaly: 1S2,0S5,000 102.305.000 19.785,000 1. 620.401, 000 il.468.S0O.O0O $156,601,000 1 There aro two possible rensons for Mils increase; new gold production, or movement move-ment Into bank reserves of cash no longer needed In general trade. A year ago. gold production was on a larger scale than now: yet all the State hankr. of Europe then held only $10,800,000 more than al the same time In 1906. Therefore, There-fore, cold production docs not explain Hip- flfiC.000.000 increase. The question of European trade reaction reac-tion as an Inriueticc is Intorcstlmr. In our own country, such renctlon tin's had a part in the 109,000,000 increase in Xcw York bank reserves over this w.;ck a yoar ago. just as the trade reaction of 1901 brought New York"s i-ash hold- I Ings nt mldsumiii'M' Jlll.OOO.OOO above (he snmo wck In 1903. TIiIm has been happening In Europe also. Tho Rank of Etiglund. for one Instance, holds this 1 week $3 1.000.000 man- gold than at the opening of Inst April: yui In the Intcr-j Intcr-j veiling period England has lost, through I excess of cohl exports mir Imports. I j nearly $10.0(10.000 gold. Since England 1 In not a gold -producer. It follows that I J3l.000.noo gold has been drawn, .I111-1 .I111-1 lug the past Iwelvo months, from lh. I country's Internal trade chnnnchi Into 1 tli Hank of England. Xcw Vorl; Evn-I Evn-I Ins Post. Bradstrcct's Hcvlcw. I NEW VORIv. April 10. Urndstu-. t s I tomorrow will say: Though irrognlnr. tlu I wcok's developments havo been In tln direction di-rection of Improvement. The approach I of ,Enslr has stimulated retail trndf In sonio linos and sections, with a sympathetic sym-pathetic cfTcct on soma .lobbing business and a slight gain In colh-cl Ions. So far the curly crop and soil conditions unbolt un-bolt er than a year ago. and the ifpori of Insect damage arc conspicuously fewer few-er than In 1907. One effect of these (!- vftlopinents hns been to ilepress.cerenl and I cotton pi Ices to the lov.est levels of M10 j year, thus modifying the advance caused ' In the general price Jovel hi March by j the sharp ils lit meals and strength In I metals, outside of iron rind stool, and I naval stoics Hides aro slightly higher. Ruslncss failures for the week ending I April 9 number 258, agalnf.1 247 last ; week; 161 in 1900: 196 in 1905 and 1?S In ! 1904. Canadian fullurof. for lh week ending April 9 number 28. as against 32 last week and 28 In tlilfc wee): a year ago. Wheat. Including flour exports fiom the United States and Canada, for tho week ending April 9 aggregated 2.431.099 bushels, against 2.91 1,364 Inst wool:. 1.S31.105 this week Inst year nud 3.SI2.012 I in 1902. For the forty-one weeks of the fiscal von r, the exports nre, 171.909.516 bushels, imnlnst 135.8S3.1nri In 1906-07 and 201.-950.183 201.-950.183 In 1901-02. Corn exports for the week are 515.714 bushels, ngulnnt 506. S27 last Week and 1.175,719 In 1907. For the fiscal year 10 dale the exports are I'.95l,n0 bushels, against 56.000,579 In 1906-07- Now York Produce. NEW TORE. April 10. Bui tor. easv; ercn'ms. extras. 30"7 301c; third to firsts, 2lfe'J5c. . Cheese steady, unchanged. Eyes, steady; western (insts, l."'QJSic. I |