Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-09-20
Market Gossip.

.
Chicago, Sept. 20.-Lyon's estimated
receipts for today are: Wheat, 205 cars:
corn. T60 cars; oats, 260 cars. Hog esti-
mates, 81, 900 head.
The corn pit has awakened to the fact
that capital opportunity exists for a
squeeze in the September. Whether a
manipulation is contemplated is mat
ter about which there is less unanimity.
The interest excited, however, was
shown yesterday by an advance in the
September price to 341. cents. the best
figure in about sixty days. This strength
was altogether on covering of shorts
and it was not on any great scale, eth
er. There was simply very little Sep
TENDER for sale and any demand was
to contract stocks caused some amaze
ment. an increase OF only 1lS.000 bushels
with total contract supply in the pub
lie houses OF only 105s.o00 bushels. 1t
had been taken for granted that the
private houses Were making contract
corn at great rate and that the figures
from the inspection office would show a
very large increase for the six days.
For various reasons the opinion is
strengthening that the long interest
centers in Mcintyre Wardwell and is
for a group of New Workers. This firm
yesterday apparently did nothing for
September. but was an active buyer of
December. There was quite an increase
in the proportion of contract corn in
the receipts yesterday. 32T cars out of
the l,262. The total stock of corn in
public and private houses of all grades,
in spite of the enormous receipts of the
past few weeks is only 100000 bushels.
There was nothing in the wheat trade
yesterday to clear up the mystery of
that big December selling of Monday.
People closely connected with Weare
again denied it had been for the Sep
TENDER holders. There was further
heavy selling from the same source yes
terday, Barrett Farnum selling an adj
ditional million of December. 1t was
still a puzzle where the wheat went to.
The selling of December on Monday and
Tuesday by the one concern probably
aggregated 1000, 900 bushels, and yet the
price, in spite of other bearish sur
Iroundings and a very dull outside trade,
showed hardly any decline.
| With all the Incentives to get cash
wheat here to deliver on September con-
tracts, local receipts, according to the
inspection sheet, continue comparative
! ly small. There We're only 200 cars of
wheat here of all grades yesterday on
The sheet and only thirteen of these
were contract. If there are any Sep
TENDER shorts they have only ten bust
ness days left in which to provide
themselves with wheat. The inspection
sheet, however, is not just now the best
guide as to the amount of wheat arriy-
ling. There is a good deal of grain COM
ling from the northwest, billed to the
private elevators and marked mot to be
inspected" Consequently the inspection
sheet gives no hint of 1t.
Local Markets.
The following prices quoted are as
nearly correct as 1t is possible to OBJ
tain. The quotations are to- prices paid
by dealers. corrected Wednesday after
noon.
GRAIN AND FEED.
w. H. Sloppy reports the following
prices:
wheat-54Q5s.
/ Oats-18.
Corn~25.
Flax-SG.
Rye-48
Hay-Tame, $50; wild, $50
Timothy-s5@95.
Clover-4.00.
/ CORN.
The Glucose Sugar Refining Com.
pany quotes price OF 26 cents pei
bushel for corn Of No. 8 grade and beg
4 ter.
4 LIVE STOCK.
i Receipts today. $50.
Britain & Co. is paying the follow
ing prices for hogs in wagon load lots