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Show UPHEAVAL IN WHEAT KESJNJHIHO CHICAGO. May 6. An upheaval in wheat prices today resulted from a bullish bull-ish showing in Ohio and Missouri Btate crop reports and from equally alarming figures collected by the grain dealers of Illinois. The market touched now high levels for the season, $1.18 and $1.15. respectively, re-spectively, for May and July. and. closed with a gain of lc to 18lic net. Corn finished Jac to Be down, oats 2c off to i ic advance, and provisions strung out 7Jo each way from Saturday's close. Sentiment in the wheat pit swung so much to the bull side that selling came only from holders taking profits. Many owners preferred to wait for the federal government report to be Issued tomorrow morning'. A decrease in the visible supply sup-ply total counted againBt the bears. It was upon official statement, however, more than corroboration of the radical private estimates of crop damage In Missouri Mis-souri and Ohio, that speculators chiefly concentrated attention. Tho condition figures in Ohio wore the worst U per cent against Gl last month and 86 a year ago. In Illinois, 75 per cent of the acreage acre-age was declared to have been abandoned, aban-doned, and the condition of the remainder re-mainder was -J& per cent. Predictions wero made that the Washington Wash-ington figures on the entire yield would drop as low as 860,000,000 bushels, al-1 though but few of the grueBses went to that extreme. Indeed there was a feeling feel-ing in the last hour of the oeBslon that the scare had been overdone- July fluotuated from $1,133 to $1.15, with final sales l&lc up to S1.14g1.14j. Fine weather and reports of increased acreage especially in Illinois pulled down the price of corn. July ranged from 768c to 77J773c( closing weak, ic net lower, at 76ic Cash grades wore offered of-fered more freely; No. 2 yellow was quoted at 8Ol80ic. The general tone of oats was heavy. July ranged from 53io and 52fl52lc, with tho close 521c, a net deoline of Sc. Provisions were Irregular and slow. nANOE OF THE LEADINO FUTURES. Whct . Opening. Highest. Lowest. CIoMnir. Mr 1.17 1.18 115 1-17 July 1.14 1.15 1.13 1.14 Sept 1.09 1-10 1.09 1.10 Dec 1.10 1.11 110 1.07 Com Mer 80 f0 79 79 Jtllr m 77 79 76 Bopt 75 75 74 74 Dm 84 64 63 63 Oats-July Oats-July 53 62 62 My 64 67 66 1.1 Sept 44 44 43 K CASH QUOTATIONS. Oifh Quotation! were n followo: Flour-Firm; Flour-Firm; r7. No. 2, 55o; barley, te4 or mlx-lwr. mlx-lwr. 038 21.03, fnlr to choice milting-. 11.18 1.24: timothy seed. 7.0OS12.00; olorer deed, 214.003:20.00; mo pcrlc, J19,1210.25: lard. In tierce. I10.S7: ehort ribs (loose), J10.35. GRAIN STATISTICS. Total olearoiico of wheat und. flour were equal to 347,000 buholt. Primary reeelpUt woro 117,000 buahclo. comparod with 670.000 bushels tho corresponding cor-responding day a yer nso. The visible supply of wheat In tho United Sttt deqremed 1,121.000 buohelc for tho wV Ocean passage Increased 1.280,000 hUshM. Estimated receipts for tomorrow. tomor-row. Wheat, 35 car; corn. 120 cars; oata, 142 cars; hofra. 15.000 head. |