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Show SHORT SELLERS FQHCEDTO FLEE Longs Hare the Best of Day's Trading in the Various Grain Pits. WHEAT MARKET NERVOUS, BUT SHOWS STRENGTH Bears in State of Semi-Panic During Latter Part of the Session. By Associated Press. CHICAGO, May 7. Short sellers wore on the run in tho wheat pit today. Leading Lead-ing longs had the whip hand foroing cov-orliur cov-orliur on stop-loss ordors and doing considerable con-siderable in tho way of taking profits. The deferred futures closed 1&c to 3c up and May 2c higher. Corn llnlshed unchanged to Jc off, and oats unchanged to a shado higher. Provisions showed 10c loss to 12lc gain. Except for a trace of oasincBS which came at tho outsot and was due to fine rains in the winter wheat country, a condition of nervous strongth prevailed from the start to the finish. In the last! half tho bears woro In a semi-panic condition. con-dition. Liverpool was unofficially higher, tho Michigan crop roport notod a condition condi-tion of the crop lower thnn a month ago and prospects for a big decroaso In tho crop. The stock of contract wheat held hero in public and private housos wan reported not more than 2,500.000 bushels. September sold between $1.02J and ?1.03g. closing at $1,031 1.08)1. Corn scored a fairly good early advance. ad-vance. Tho May-July, difference 13 now under 2c as against a trlfio more than 4c a week ago. when there was liquidation liquida-tion because of expected largo dollverles. Cash corn lias steadily gained in strongth since. The wook's receipts hero wcro about 1.500,000 'bushels Jess than shipments. ship-ments. The cosh market today was about steady. No. 2 yellpw sold at 030'64c. September ranged from 632563$c to 641c and closed at 63Jc. Oats were a trifle firmer, helped by the advance In wheat. Trade was at a. minimum. mini-mum. September fluctuations kept within with-in 1c and the option closed at 3SB39c, preclsoly last night's price. In provisions pork closed 5c to 10c down; lard. 2lc to 5c up, and ribs, 21o higher to 216c lower. RANGE OF THE LEADING FUTURES. Wheat Open High Low Close May .... 1.11 1.16ft 1.133 1.15 July .. .. 1.04J. 1.051 1 .0455 1.053 Sept 1.03 1.032 3.025 1.03'J Com May 61 i 61 g 605 61 July 631 63i 622 635 Sept 64J 641 633 63d Dec 585 5S 5S1 583 Oats-May Oats-May 423 421 421 42B July 40Z 401 -tOR 103 Sept 39A 39i 3S5 39 Mess Pork, per barrel July 22.371 22.371 22.10 22.35 Sept 22.20 22.371 22.171 22.371 Lard, per 100 pounds July 11.55 12.05 12.15 12.65 Sept 12. 10 12.05 12.35 12 55 Short Ribs, per 100 pounds July 12.35 12.10 12.25 12.40 Sept 12.32 12.321 12.20 12.37J GRAIN STATISTICS. Cash quotations were as follows: Flour, quiet; winter patents, $4.90(5)5.10; straights. $1.254.90; straights. 54.50(g) 4.75: bakers. $4.00fi 1.95; No. 2 rye, 79S0c; feed or mixing barley, 45(g'52c; fair to choice limiting. 58(o)63c; flax seed, No. 1 southwestern. $2.30; No. 1 northwestern. $2.10: timothy seed. $4 25 1 clover, $11.25; mess pork, per barrol. $22.40(gi22.65; lard, per 100 pouuds, $12.90; short ribs, sides (loose), $12.4012.621; short clear sides (boxed. $13.50fo)13.62i. GRAIN STATISTICS. Total clearances of wheat and flour were equal to 117,000 bushels. Primary receipts were 229,000 bushels, compared with 17S.000 bushels the corresponding day a year ago. Estimated rooolpta for Mondav: Wheat, 10 cars; com. 59 curs; oats, lit cars: hogs. 32.000 head. London Wool. By Associated Press. LONDON, May 7. At tho wool auction sales today 6S12 bales wero offered. Tho small offerings were readily abaorbod at firm prices, especially medium coarse crosB-brods and scoured merinos. St. Louis Wool. By Associated Press. ST. LOUIS. May 7. Wool Steady ; medium me-dium grades, combing and clothing. 20(?i 25c; light lino. 20fi)2lc; heavy fine, 14 20c; tub washed. 19(!?30c. Now York Produce. By Associated Press. NEW YORK. May 7. Butter Easy and unchanged. Choose Steady; slato skims common, 5itf7)61c. 1 Eggs Steady and unchanged. |