| Show 1 I WHEAT SHOOTS UP I 1 CORN TAKES JUMP JUP I Bulls in Ascendant Force Prices H Near to Point of the Good Old Days 1 CLIMBING WITH CELERITY Ithe In lii Corn Curn Makes May In I 11 io to cr Co Other Advances dinces unc d I Chicago May l 11 Speculative e Jl business j i i on the board of ot trade to today ao was in Il its f activity and volume a II forcible reminder remil j I that tilE the spirit 0 of trading In Iii grain fUI fu futures fU- fU U- U tures Is still alive and needs need only a R littie littie lit lit- I I tie lie gUnin Stirling to bring it tI up to the tite standard of oC former fornier years Year Bulls Dulle were In the time as- as i as-i j I throughout and prices climbed i i with a celerity that I Is only witnessed 1 on OIL special occasions occasIon May lay wh at at tin tin- i dote close WitS up Ji l' l c. c Jul July l c and i I her r l ic e. e Corn took a R jump of lc for or May My c e for COl or July JuI The advance tn In oats oatH was WilS from Le c to 1 Mc C. C ProvIsions Provision t ruled muied firm and hl higher hf r f front from om 11 to Io 17 sc higher for pork pork anti and from IC I to lo r iC c higher lot for rl J ribs and lard I I Wheat Wheal market mailed opened 1 nervously firm with wilh buyers at a shade siide better belter than thy th j price a R at I 1 which It cl dosed closed e th the day before l Foreign markets market were a little higher Influenced to sorn- sorn extent Q by what shat happened hap Imp I Pelted d here yesterday c AntI and accordIng according accord accord- ing to 10 Impressed time llio shortage e I in winter wheat acreage e In this country as given I e In lii lh the go report Firmness Firm ness hort however howe was only nominally I Idue due lue to anything outside of the speculative specula I live tive situation In the pit May Ia shortage Is on and can only bo be covered co by 13 bythe I the time hivery di-hivery of or grain Iraln or by ho arrangement i with the Ito leading hailing lon longs To attempt to Lu I Iet get et th the tite wheat in the tho pit Is seen ln by some I of ot th the northwestern tern shorts aborts to be I sIble and th they art are bringing the lie grain by I lake kp from lout Duluth at a lo loss Congested 1 con condition of th the May Jay only Affects a corn corn- com j small number but thu tho s sym ym lla pathetic effect was W being severely rt felt t I It by ly shouts aborts for foJ July delivery who were not sufficiently confident of or a I movement of oC wheat to market In that month to 10 stand h by 13 their theil sales while being boIng bo- bo Ing pursued b by an nn u aggressive bull litter Inter I bl cs est t. t Weather PI Pi-o Pi Progress IC ro I Weather was all that could b be wished i I Ifor for tor time the progress both of winter and I spring wheat Local receipts were four tour carloads Selling for or short hort account was I only Indulged Ind II very c cautiously Time The Modern Miller reported dry lr weather wee wea tIter ther conditions hurting wheat in northern northern north north- em ern Missouri and anil rain needed generally In wll winter whiter le I wheat wheal districts Kansas s raised a acry acry cr cry of cinch ditch bugs In wheat wheal and Ontario I of or frost froat having Injured d wheat of ot that province That combination kept the Hie shorts In a state stale of tc terror term and amid the price I continued to advance sharply I ben Seii in iii Corn i Market t for fOI corn cOIn was without the feature fea- fea I ture turc Tit 1 the thc mediate Immediate opening tj t ilia soon oon gave place to nervous nelOUS activity and anda andi a a. Hn sensational rl TIM rise e In price Ice of or orIa Ia May corn With the actual existing searcH scarcity here the t tishi of or orIa Ma Ia May shorts to cover cot was not much of oC a 1 i surprise to tho those conversant with actual conditions Ordinary statistical statis statis- matter did not mot have hav anything to todo tb do with the tho COUl course o of or the thc market t except I where it il directly affected the local spec 1 I situation i Business started quietly in 11 oa oats t wit with h I little indication for tou u a few minutes of thi- thi I underlying in strength of the tite local i I Ilion lion ion That That mild did ld not take long Ions to to d c develop I find and led by uy demand from May Muy shorts horti i there was a similar feeling In favor favol of later deliveries September was in good i demand and hog llos J Products Active c. Market for hog products wa wire mo a tel active with a n firmness of lone tone that limit restrained sellers for short ac account account ac- ac I ae-I count and equally encouraged holders holder I Shipments were verc in line lino with what ha has hc been n so frequently remarked concerning i the surprising Increase over o last lost years year outward movement mo of or moats meal and amid lard laid Bo Hog receipts also alo continue to 10 run short I of or the time estimate for or the week Aggregate As of th tIme the days day receipts in time the west eat against n GIJO t the Hll Uk hike du day of ot tho lie year ar previous Buying was p partly tl to cover shorts short but chiefly for long Ions account and largely for Cor packers Today's range WI V WHEAT ilEA lI l I Open I High p I Low I Close I May 82 a 14 I July SO I SH 1 iJ SI Sept is 72 ii i 9 I ICOR CORN CORX I Open I H High h. h I Low I Close bra May 47 4 W 47 H 19 July 17 t 10 in jj 16 Sept Wt Jt t IG 16 OATS- OATS I Open I luSh High h. h I Low I Close May Ia 32 33 July 31 1 31 m Sl 31 Sept 29 2 S 20 2 22 PORK- PORK i I Open I H High I. I l 10 I Close 1 May IlU 1510 July JUI 1520 Ui 1525 Q 1520 12 I Sept 1510 1517 1510 1517 I ILARD LARD LARD- I I Open I High 1 JAW I CI Close May 11 S 10 40 July S. S I S. S IS Sept Sept SW l i RIBS nIBS S I I i Open j I High I Low I Close May 1 jJ iI 8 I Jul July SG I Sept I 8 70 I I Cash sales Wheat sales Wheat winter winter No 1 2 red u-d No Mo 2 hard herd SS W kc Spring NO 1 northern 88 c No 2 northern l Corn Corn Xo 2 No o. o 2 white No 2 yellow i c. c Oats Oats- Oats Oat o. o 2 o Xo No o. o 2 white v 1 31 c No 3 U 31 c c. c Ho on Market I Boston May 11 Dealers s Dealers agree that the wool market Is Ig at l the hi highest he t point which manufacturers can cnn stand but hut tIme they sc see ee e eno no reason wh why the existing ha basis ls of or ofal al alues ai- ai ues should not bo ho maintained Bu Buyers ors S are lre still till showing sho Interest Foreign wools are ure the most active Tins Time bulk of or territory terri tn tor tory wool now on the market Is comprised comprised com corn of clothing Fine Elite sells polls in lii a small way at 2 20 to Ic or about TOe clean and I fine m at lc Shipments from vomit Boston to date dale dlan an aie N pounds pound ro- ro rc-I rc V |
