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Show LIFE ID STRENGTH 1MTHET Chief Reason Was the Receipt Re-ceipt of Unfavorable News From Crop Centers. CHICAGO. May 21. More life and strength developed hi the wheat market today than at any previous tlmo for weeks. Tho chief reason was the re- cejpt of many unfavorable crop roports from Oklahoma and from southern and western Kansas. Closing prices were buoyant to ljc over last, night. ?i"fron ,rniY?e a tlot &aln of Jc to 8c to 5c oats in tho end were up fie to ArYlc and prSv,,7 ,ns at n decline of 2Jc to 20c. -Bullish news from tho southwest camo first In Kansas City dispatches, asserting assert-ing that Kansas prospects for wheat were nothing like as rosy as had boon painted. Tho crop in that state was m t, Q deteriorating In many sec tions. Recent dry weather had apparently appar-ently 'been more injurious than was generally supposed. Chinch bug complaints, com-plaints, too, have been growing in num-bor. num-bor. Rumors of export sales, although domed, do-med, were inflontlal against the wheat bears. Tho latter in the oarly part of the session had everything their own was mainly because of plentiful moisture mois-ture in tho spring crop belt- Selling was overdone, howover, and the consequence conse-quence was a lively shaking up or the Bhort interest Export clearances of wheat ami flour today equaled 624,000 hushels. Primary receipts of wheat were 316,000 bushels; a year ago, 274,000 bushels. Corn rallied with wheat and os a result re-sult of curtailment of offerings from Iowa and Nebraska. Trade, though, was not largo. Oats closed at the hlghost of the session, ses-sion, except for May. The rise was largely due to the- action of wheat, but also because Illinois rains were said not to be helping much. Liquidating sales by longs weakened provisions. Steady prices for hogs served only as a temporary prop. RANGE OF TUB LEADING FUTUItES. Whent Opaa. Well.- I-ov. close Majr 304 P2 COV 02 July SS?i POM $84 0H Sept SS 534 SO'.i Dec 30 314 SO ?1U Corn Mr 564 56H ffi BU July fi$Ri r.74 M f' Sept f.74 67S SS4 &7H Dec 55 t54 5 54 Oats May 394 3P4 33 394 July 354 374 36V4 374 Sept , 354 35:4 351 304 Dec 354 374 24 74 CASH QUOTATIONS. Wheat No. 2 red, l.O51.05: No. 3 red. 35c JI.02: No. 2 hard. 02S34o; No. r. hard, ?0fi?3c: No. 1 northern. OZQOic; No. 2 northern, 01324c: No. 3 northern. $S92c; No. 2 sprlnR. 31O02e: No. 3 spring. S-SZf90c: No. 1 sprtnc, S0irS7c; velvet vel-vet chaff, SS3,344c: durum. 3006e. Com No. a, 674?CSc; No. 2 white fi04ff14c: No. 2 yellow. B78lr'uSc; No. 3. D73E74c. No. 3 Trhlte, 60SI; No. 3 yellow. G74i?f.74c: No. -4. 56 564c; No. 4 white. 3ff504c; No. 4 yollow. 66SJ56io. Oats No. 2 white. 404c: No. 3 while, 3R3-334e: No. 4 while. 373S4c; standsrd. 40ff104e. Ttye No 2. 53c. Barley 46ff6Sc. Timothy J2.SBGS.65. Clovor N'omlnal. PorV J19.70. T.ord Nominal. nlbs-Jll.M12.00. |
