The Montgomery advertiser., 1902-09-20
Chicago Grain and Provisions.

CHICAGO. Sept Ie-Grain spectators had quick change of faith today. General early conditions, especially foreign wheat advices. were bearish Prices momentarily weakened, but on strong Northwestern situation in wheat and sharp Eastern buying in corn with greatly reduced estimates of corn stocks. prices turned rapidly upward for good gains. The local selling sentiment vanished and at the cember %GIf up. December corn 1ad9sc higher and December oats h lower. January pro- visions closed unchanged to 2l2c higher.
 At the outset wheat was subjected to pres sure. Cables weak. the Russian crop was estimated the largest in ten years. the weather was favorable and Northwestern re- ceipts were improved. Local traders at once turned bearish and early weak corn mar little rain there was reported which inter fered with threshing and the spring move- ment was favorable to the Winter blowing, bearsh advices were felt Northwestern houses began buying in rapidly. Minneapolis report ed I28 cars diverted from that market to country milling points in one day. Shorts were buyers of December prices began to ad- vance and then c"me a brisk inturn in Sep tember options. Corn later had bull factors of its own and in turn helped wheat, good export business developed with I8 loads worked here 10 at Duluth and loads at ket outside business developed and every thing closed higher. September sold from an strong ISs up at 73 December opened %S h to shade lower at 6SlqM69$s and closed firm, ssG12c up at 6sIs. Local receipts were
 
 neapolis and Duluth reported 986 cars, making, against ss7 last week and I,27e cars two days year ago. seaboard clearances in Primary receipts were 1887, 900 bushels, against 1929, 900 two days last year Ar genuine shipped nothing to Europe last week and since Jan shipments from that coun- try have fallen 1000, 900 bushels under last year.
 Corn slipped off at the start on absence of frosts in the corn belt today. Cables also lower and receipts large. Todays ar rivals were S64 cars. 96 contract. and the es- innate for tomorrow was heavy 45O Ar genuine shipped l6l6, GOO bushels. quick reaction resulted on covering sellers have been somewhat timid of late and todGy the sentiment readily changed when the crowd be gan to consider that tomorrow probabl would show contracts to stock down to 7o0 900 bushels; Bad weather was prediSted and al the early low prices there was sharp demand from Eastern houses. September sold from 59la to 59A and closed firm, i2c up at 59. December sold from 43h to 44S and closed firm I2G&c higher at 43TQ44.
 Oats held fairly steady and somewhat quiet. The strength in wheat and corn was of ma teral help and worked against Offerings that resulted from better grading. Receipts wer" tion easy at the start on some selling by elevators. who turned out 53 cars of stan dard grade such as weakened the market yesterday Prce fluctuations, however: were very narrow. December sold between sos and sos and closd 'sc down at 3o'2
 Provisions were only fairly active at times. There occasional good demand for near by stuff. especially in October ribs. which taking in January stuff. After an eIsy open ing on lower hogs, offerings were light anG small gains Were reco"ded January pork closed 2l9c uP at Sl5 Janlary lart dM;n- higher at S79o
 The leading futures ranged folluws: