| Show INCREASE IN PRICE FOR EARLY WHEAT I Longs Now in Control of Market Market Market Mar Mar- ket Use Every Opportunity I II I I to Squeeze Shorts I IRISE II I RISE IN MAY DELIVERY 9 Jl Despite lJJ GU Go Ot 0 o cr erS er- er I cr-I S tI hirou Ju in iii- iii Leading Cereal al Continue lo to t. t May ay i mat market was very firm today an anti and aJ d adr cd ftc faC c to th the lie price for or May Muy delivery cJ and J J ic c lo to Jul July That ThaI was in the he face ace of or t tie the e go report rt which gave gae an au Improvement nt of gf two points In condition of or the lime growing crop during the month o of April Th There rc ls is a f flar lar large short shot t Interest l in the Oil market an arid and tho the lon longs lone who have hu corralled th the stock of ore are lining their to their opponents Corn torn clo closed cd from Crom c c 10 to Vic nl Higher outs oats at nt from rom Sc bC e eto I to I C advance ud Provisions were firm thai find and at the he close clone pork WI IO from lic Ie to toli li c higher hl lard lurd from 7 j cc c to and rill ribs from lOc to 10 J JT Jc c oc hl higher The market was wa firm him at the opening and prices I of wheat what for h. My and nna July delivery started with ie c c addition to the closing f figures ute of ot tie the JI previous ious sesMon Liverpool LI W wn M firma firm for fOI or futures at an au improvement im irn- irn pro provement of or from mom id IId d to lo ld d and western v receipts wOre w-rc re again much smaller r rt t than ha n lh they W were ivere l' l n a week ago and even en Je less than on the similar day ihu of or time the year I t III Jn lon Longs a and lie I Shorts The file trude was waR more concerned about the c strength of time the several Jan large e who are ure rt respectively cl long Jong ur anti and short hort jn this thin market for Cor May luy delivery eli han thamm about the about Ui matters that make for or against pi prices price ices The Slon among was 44 that th tile the long Jong bud Imd the lest best of the time as au they Bland alt at al athe atthe t he the moment moment- That there I Is no chance roC for the time shorts to 10 buy in iii hul they nel in n the op open n market and Ind that their ability to deliver the actual grain In sufficient amount Is questionable That Thai condition of or affair created creal the s that thai has hm ins been so 0 conspicuous In the pit since th tho beginning of the month and lo to that list was added today the time uncertainties con con- 11 the government gO nt I report port up till to the time that the lie latter was made malIe J ullI i Report a n Dl il The Time government report was generally expected to show enow some somo deterioration in condition and acres of or the thc seeded HC area to have been bemm abandoned It was mas a dl distinct disappointment in both I respects to those who hail had indulged in such such uch expectations The file acreage ar at 31 ti its given hen I Is two points better belter than on time the t of or April The Tilt urea area abandoned was acres or t t 6 per cent of ot th whole and the remainder remainder re re- re is acres acre short of what harvested tho the year car before or at u the tile reported con condition suggests a of or about i bushels using 17 Ii bushels ls as aM par pur It Its publication has hus only a slightly lIghtly bearish ctr effect ct and time the market t became becam again firm returning gradually to the tile price tJ before beforetime fore time the I Issue suo of oC tho the Corn 1111 l Is b. FirtH Firm Corn was wis 5 firm to begin ln with and ii lit II time the absence of anything In th thu tue Immediate situation to create l S the hid feeling In the lie pit idt was waH one of confidence In lim present present pres pros ent IL Selling of ot a n line lint for lor Muy Ia delivery by hI an influential commission house hom e about half hail an atm hour aft r th time tho opening opening open open- fn ing turned prices s downward but hilt the tho lie reactive tendency followed olo a at as oon soon a as that limit pressure was withdrawn Corn planting was onas making seasonable pro progress s. s to general reports from th time the country t e with which the Chicago hia o stock tock of oats oal l I is and nd smallness small- small HC ness of or the tit local receipts continued tin till bullishness s of ot reeling feeling an and May ra oats were especially i strong Trade In pit was light but hut that tIllit did not affect th the temper tem per of the operators Market for fOI hog imog ho products products- t wa was i There was ivas J less s evidence e of ot desire to 10 part with holdings holding's and the quiet t confidence with which the packet tile the dav belon- belon absorbed the thC offerings at a II slight had imad apparently Its effect unon imon time the speculative operators Liverpool reported ba bacon ba- ba con Cd Gd hl higher Shipments of oC cured cured meats meals and lard were again heavily II In excess of ot otIa Ia last year Today Today's ran rangy WHEAT WhEAT- I Open I I Low I Clo c. c lliE 1 May Sf IS 51 t n July i 7 iSoL H I 79 I cO 01 hs Sept t iS CORN CORN- S. S I Open I I Lov JAon J I Close 1 May Ia i 8 17 tj 17 Jul 11 IH jt jr I i 1 I 16 Sept 1 lG 16 GAS OAL GASI I op Open n. n I 11 I Low i lay Ir 33 I i JUly Ill thih J a Sept Seat 19 5 PORK PORK- S SS S I Open I h I L Low w I May Ia I JUl July 1507 r 1 O l O 1 Sept iio 1110 ios LARD LAnD I Open I high h I lAW I Close May Ia I S. S Jill July fO 80 10 I 5 i Sept Supt I S. S 86 IS s. s Sr RI RIBS RIBS- S- S J I O Open n. n I high I Low I Close la I 1 S. S r I 84 l Jul July 1 S I 1 Sl I si SC t I Sept Ij I s. s l 3 I II Ca Cash h Sales Wheat winter No 10 J i I i. d. d I lc No 10 2 No o. o 1 j northern sic No o. o i northern nonh rn SJ IlI I Corn Corn- Corn No o. o 2 2 IS tS No 2 white Wi 43 tJ c e No 2 yellow J c I Outs Outs- Oats o. o S 2 c No Xo 2 white 3 i I |
