The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-09-12
Chicago Grain and Provisions.

CHICAGO, Sept. tl.-Wheat led all grams
tive all around and the trade was thoroughly
aroused by the Government estimate OF gram
yields much below expectations. Nearly every
other influence was in some measure publish,
especially the threatened damage To unripe
corn by frosts. As a result Of these factors
everything on the list closed with gains S1p
up September corn rs UP. December ad-
vance. and December oats haAc higher jan
The Government figures on the Spring and
Winter wheat ove-shadowed every other MAJ
ter for consideration in the wheat PIT. IN
general way the trads was surprised at tne
condition Of 30 as made by the Government
Az a result nearly all classes of trader' We're
included in the buying crowd AZ the ouss Use
done only by outside longs who wanted 10 take
profits. Soon however, this same crowd pc
70 the strength OF the cereal. There was some
selling by a leading elevator. but little atteh-
tion was paid to this movement Commission
most everything helped in the upturn Ca
bles were higher. cash markets strong, re-
ceipts small and clearances large. .l DSiu,1
reported an excellent export demand with "
loads shipped direct last night ana TINS MORN
ing The only check to the bullish enthusiasm
was the somewhat improved All, sncts In the
session but taken as a whole 1t was the larg-
est days business il some tine 70 P sSs snd
TENDER sold from zsA to zsA an sss cl ssss
strong. o up at asn a,s Hss tee Pts noe 5eeort
ed Sag. a total for the three points of $50.
against 81 last week and sS4 ano year ,,.S aSo
i prmsTs to 4ss coo last year seaboard
clearances equalled 100000 bushels. New
York reported 10 loads taken for export
with which the market opened. Most of the
bulge was attributable to the fear or frosts III
the corn not yet harvested Light fsosts ~crS
frosts Northwest. A high barometer IN the
Northwest seemed to indicate possible neavy
70 of an esry to the
especially when considered with n decrease OF
81, 600 600 bushels in the prospective YIELD
country side accepted only few bids over
night the cash demand was fair cables were
Arm and there was practically nothing IN tne
way of a selling pressure. Traders were prin-
cipaily nothing in the way Of selling pres
sure Traders were principally engrossed, now
ever in the consideration o. tnat par 81 .hs
big Weld as compared to an average year was
established. yet this yield was contingent
crop this year in maturing. With predictions
for frosts over all the eWst and Northwest
tonight the fairly liberal realizing that TOOK
niace on the upturn soon was onset and the
close was strong. September sold from SS1i
to a close ~ up at 5e%; December sold i re 9
oats sympathized with other grains and
ruled stronger. The influences were continued
small receipts. a moderately bullish Govern
ment report when compared with that of Au-
gust and weather conditions Offerings were
light. grading was poor and there was good
support on the buying side The sentiment
GENERALLY was bulish. The fact that the es-
tinated crop Is far In advance of the average
years yield curtailed buying to some extent
vet other conditions prevented selling pres
sure Trade was not large. December sold
from 3IN@3Iha to SIN and closed firm, lsGii
up at $685. Receipts. 100 cars
Provisions were dull in comparison to The
good trade in wheat and corn. There was fair
early demand on a firm hog market and prices
advanced Grains also helped in a slight UP
turn, but the Inactivity OF trade did not per
NIT OF great strength. January pork CLOSED
iOc higher at So AYE and January ribs 71s0
Toe higher at 81 9o@7 921a.
The Leading futures ranged a. foIiuws;