Show LATE CROP SHORTS SCARED BY BULLS Temporary Flurry in Wheat PitIs Pit PitIs PitIs Is Caused by Strong Play Playon on oil May Option LOWER PRICES AT CLOSE 1 E C III In of ur Corn CUIn With lIh lIhn n iii In lii I Lending Iud I Crop Make Ial c Trading lIeu Heavy Chicago o. May Iny 4 4 Local In- In speculators played May option Strongly early today loday an and temporarily created cre cn atell a scarcity thereby th among the time shorts In lit the tho later laler deliveries That Influence nl to have worn thin hut toward th the close chose however when after selling a as ashl high hl 1 as ns so c May wheat closed at j 9 and July from to c was ws down dot to tc toiS iS or a g gain ln of lie c In May and onn a loss of 1 jc c In July Jul Corn ruled dull rather heavy und and ju tit the lie close from frolD 1 I to e lower lowel May 1 a oats were c clower c lower and J July down 1 l Provisions Pro were sustained carl early In th the day b by covering cover cover- In log ing purchases es that showed a profit tu lu The Thc Improvement on that account was small and that with Hh t more marc disappeared disappeared pea red In Iii the thc en end when the lie early bUC buyers buy buy- C ers s began hegan putting out sonic some mom mom-c for tim short account Pork closed close lower larde lard ar Jc ic e down OW 1 for Jul July and Sept September while ribs wet were Gc c c lower for May Ma al ut Opening Unexpectedly lower quotations from Liverpool LI and weather th that t still sUll continued d most roost favorable for Cor or the thc crop on this iltis side gave ga time the wheat market markel a downward direction di at the time opening Trading was on n so small a scale calc however that what with com comparative para live firmness of the time New York stock stoel market carl early In the day and a little steady stead buying by b a few local bulls relying upon possible Jo sibl accidents to the crop csop to help them out the prices gradually grad grad- recovered for or the time reasons mentioned the thc los loss lobs e experienced during the first half haIr hour of or the tite session Liverpool reported 11 futures from to d lower and Manitoba Mani ManI- toba toha wheat on out the spot down d reasons reasons rea rca soils sons given cn to for I the weakness there being ito I liberal shipments rc from m Ar Argentine Argentine- which for the tIme week bushels against 2 bushels the lime week before e. Ohio crop report made mantle present con condition condi l- l Ion tion compared with an avera average e as aa against April 1 and 00 90 a year a ago o when the yield was bushels The Time Missouri IlIs report gave ave the thc condition an as Si 57 or 2 points higher hl than It was April I 1 I mind and compared with 81 M last June which la latter tier was sufficient lent lent- for a total yield of bushels Excess s lu In Corn COIn Receipts Receipt Some Semite excess In the receipts of curu corll ov over l' l what hat was estimated tho ho day before along with lie tho weak tone to wheat at the time theop op opening gave ave the time corn trading tm a 3 heavy start Weather eathel was also aho of the lie kind to create bearishness and to those causes tho ho the ca easier I r feeling must be chiefly as us- Volume of or business done was mail The Argentine shipments were not ns os heavy as had been looked tom for but ut sufficiently In excess of the previous pre w tk to be another Incentive to bearish bearish- ness s. Market for oats was vms very cry quiet ct and amid cry little change chango In values resulted from room rom the time days day's business I Local receipts were vere about al as expected and tho thio weather vita as favorable for the thc ero crop Tho The Ohio report said the acreage of or that state stalo was as educed to I less I aires alfres than last year car yearn on In n account of or the thc wet weather Similar reduction In all probability Is Js true of or orthe he the greater portion of oC the time western coun- coun country try ry Some covering by shorts In the time hog r mi gave ave a firmer appearance to the Ito market but there hero was not enough h o of ol hat that or other buying to add more than VI very moderately ratel to closing prices of the Jay day Statement of oC the days day's receipts re re- re shipments of cured meats and amid andard lard lard ard were us as bullish as ever and antI the consumptive c demand good I Liverpool rc rc- ortel declines of C fj i pence each cach In bacon hams and lard jo Today's as range ranse v I I EAT EAT- Bid Bid 11 May Iu I 9 TF July Jul S I ii 79 ISO Sept ITI liS' liS B 17 CORN I Open I I f I Close Clo e. e May la 1 6 WA i Jul July 11 t 47 15 f 11 t 1 i 6 It ki OATS OATS- I I Open I H High h. h I Lw I Close May 3 32 32 I I July J l 13 30 3 13 3 Sept 24 t IS W I Open I nigh I Low lw I Close Clo c cla May la 12 0 O JUly 1121 Il I 1315 II Sept m- m 1 51 LA LAnD LAnD- It D- D I DI I I I high Uh I low I iose My I 51 tl I 8 J S. S I 1 s-i s I I S1 8 Sept ft I 8 st I SG h I S. S t 8 1 RIBS RIBS- DS- DS I Open Oen I high 11 h. h I Low J I Close Close 81 82 Nay Ia sa HZ July SW Rm I SY Jul Sept SW 7 8 7 I I C Cash h sales Wheat sales Wheat Winter No Xo 2 red No 2 h haid Spring No 1 northern c No 2 northern Corn Corn Con No 2 c c No 0 2 white S 'S c No Ko 2 yellow Oats 2 No 2 white G i I |