Show WHEAT FOR SALE ON HARD SPOTS Closing Prices Were Much Lower Than on the Previous Pre Pre- Day WINTER WINTER WHEAT WHEAT HARVEST Estimated h by Experts at ut J Does Not Nt Differ From eminent Go GO Report Chicago June Wheat heat was for sale on the lie hard spots spols most of or the day a and anc the he close cose prices were from froma rom to ic c c lower I than they closed the day before New wheat is b being bou bought ht cay In iii the country for next months month's delivery I 1 and ant hc hedging sales gale ma made e against It fl I In the hue lilt pit That and the he Jones estimate that lint the thc winter whiter wheat crop would amount to io bushels crOl kept the lie sellers In heart Estimate In lii a U. private Liverpool cable to a Montreal exporter that hint the European European European Euro Euro- crop would be from bUb 1 el els cis to O bushels smaller than that of or the year yeal before did tIc not suffice to counteract the lie bearish influence of or the he theother theother other matters maters cd to nor did dit the fact that the Argentine J shipments for the week ceJ were only bushels or le lethan less les than halt half o of what they hey were vere the week before beCore and over I less unit than on the tin corresponding week In 10 1003 1305 retard the cf of forts rort of the local bears for Cor lower prices All Al the lie conditions of the lie In Inho Inthe the tho Northwest that were thou at to 0 threaten damage to spring wheat yesterday yester day a were of or the same ale character this thih morning morning but th thO they did lc nothing nothing to create creat the alarm Indicated ns as existing when th thin the market was coming to an au end yesterday l Something else appeared to have diverted I attention to matters maters of or less bullish signi- signi For a l short ort time it was wag no not not very ver well un understood under 11 what a t new had hac succeeded to the tIm te fear l' l of or rust am and I Induced Induce tho ho itching Felling Jn at the lie opening that thai I took a slice ofT off or the thc price Wheat hen t Report Considered I A little later It I became known tha thal hint IL I some of tho lie larl early selling was against L purchases of new winter wheat In tin the lit country for Cor shipment Inside of the he nex t ten ten en days a s The of that on th thc ha market had hind he begun un to lo fade rade when a fresl source of weakness was discovered Jono and the tIme two crop experts h ihu ho have worked together in the ho i of or datu for Cor or a report on the result of ot th thu the winter wheat harvest 1 It for COl sen- sen era erl Information and estimated it I r a at tr t 4 bushels That Thia ThaI did not hot lUte r materially from Crom what whal the the- government o gave gave- e a as the lie winter wheat crop crOll of or last las year yea I but was wag considered bearish b cause reserves from the tho previous seasons season's cro crop arc are so 80 much heavier this year ear than tha last Spring wheat was still sun receiving th the rainfall It I ha hind had already had a surfeit o oCI of oC I Effect rec t of the crop report referred t to above e was to pu put pu the price prie of September wheat down Ic lc below the closing lirlee of the lie ca day he before fore hut but from that point It rallied swiftly and ant before beCore noon It I S had hind recovered within a n small smal fraction I of DC what lt it I had hud lost through the report In question Corn COn Market Was I Weak cul Weather eather that left lel nothing to desire tom rot forthe the lie furthering of the time growing corn cro crop crOll gave I C that hat market a weak start and while wheat at was making Its Is earl early carl decline UHrE wag was no sign hm pf of recovery With lh the reaction re no- action In the thc cereal to help th the hi l h mills In c corn rn wore svere wert able to run ruin lh th carl caril sellers to cover and lind prices revived t P to sonic extent extent Market et for oats took look Its Is direction large largely ly Jy from Cram the action acton of or the ho other grains Hot lot weather that lint was so 80 ible for fOJ corn was the he worst possible for Cor t the hit oats ont The Tile crop while generally conceded con ceded to 0 h be poor will wiil wJ soon be on t the thu market an and tho time trade has already hOI bought hl i vr very liberally of or th the the- September delivery He Reactions such as that lint of or to today a are natural nat nat- ural to the lie lIlt pit conditions without permanently per pcr sentiment affecting the local e speculative Market for the hue ho hog products was N to begin with an and It I could not wholly overcome the effect of o the time Ic del dc 1 push past pUhI i It I received at that hat time Reasons for fol forthe fol I tle the declining prices could on only I be surmised sur stir from th time the character of the time selling which was said salt to be lac largely cl realizing sales by hy European Jon longs R Packers did din 1 the thc buying on 01 th the lie break that firmed th the market near the end cud Today's ocas range of or prices Range c of ur if Prices Pries W V I II I BAT EAT EAT- I Open I High I Low lw I Clo Close Jul July J Hf 1 r I S mi IS M S l Dec h Si 81 S SI May I a Is 5 MM CORN CORN- I Open alien I I 1 Mich I Low lw I Close Cloan J July II I 1 Ir r 2 Sept 0 I 51 5 May Mav r a 15 IS' IS kIl W 15 1 ii Irm OATS OATS- OATS I Or Open Orin I High ilich I Low Lw I Close July I u Iy I 33 1 Y I IJ Sept I WWi WH 15 IJ WK 13 35 3 SC A May Iu I 33 Ih 13 33 3 PORK I Open I 1 I lx lAW w. w I Close July 1715 WW hI Sont 17 11 IriS 1655 LARI- LARI I IOn Onon I I lx w. w I Close July hi I I I I Sept Sept I sn I I Oct Oct 1 I SM 59 I S 82 RIDS RIBS I 1 Open I II h. h I J I Low ow I Close July I I I I SouL Sept Sept I 2 I I 92 I 9 92 I Oct Ot I f my CV I os o-os I 3 00 Cash sales sale Wheat winter wheat Winter No 2 red 87 1 No 2 hard 82 spring sprint wheat by hy sample No 1 Northern No 2 Northern SI G. G Corn Cor 2 2 5 52 52 yr C No 2 white c No 2 yellow clow 5 c Oats Oats No 2 2 No 2 whOle white lO IO c. c |