Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1902-09-08
Grain and Provisions.

CHICAGO Sept. 6.-After a week Of great
weather uncertainty during which frost scares
put good strength into grain prices, spectators
today settled down to the belief that the warm
er dry weather at hand was enough to allay all
fears Of crop damage. As a result Of this bear
ish factor and that of an expected big move
ment in the Northwestern spring wheat coun-
try next week, all grains slumped of and clos
ed weak, December wheat 1c lower December
corn &c down, September oats 1Ac down and
December oats &c lower. Provisions closed 2lac
higher to 2lzc lower.
There was a fair array of bearish influences
at work in the wheat pit at the opening The
cables We're declining and gave tn eadvice that
the worlds shipments totalling almost 10, 900
bushels and heavy Russian offerings in Liver
pool were the causes. Warm, dry weather was
reported over much Of the wheat region. Min
neapolis slumped 11kc and although in seeming
contradiction to the reports that next week
would see the biggest movement Of wheat in a
long time, cash advanced 15c. The crowd OF
local spectators was bearishly inclined and
heavy selling by prominent longs, both In De-
cember and May. pressed prices down unti'
more than INC was knocked off, There were
very few items to comfort the bulls in the days
news. Grading continued poor and northwest
year by almost half Seaboard clearances were
heavy at 1,059, 900 bushels These influences,
however, had little or no effect. save possibly
In retarding losses. December wheat started a
QAc to a share lower at 6Sss TO 6s2so declined
to 679sc and closed weak, 1c down at 67St a67kc
Receipts 1872 cars, none contract; Minneapolis
and Duluth reported $50 cars. a total for the
three points Of 572 against 594 last week and
LIZ year ago. Primary receipts were lO4, 600
me failure of frost predicted yesterday, to
matertalize today put the crowd in a selling
mood in the corn pit With warmer weather at
hand fears for the unripe corn drifted away
quickly and prices fell off with them. Septem-
Der was not inclined to slump as badly as
December because Of the short interest in the
current month. Contract grading was still very
poor but today's receipts increased to 1856 cars
with 10 contract. December opened "A TO &c to
a shade off at 1875 to 43hc, fell of 1c to 42kG
4zesc and closed weak &c down at 42&942lkc.
oats suffered from early brisk selling. in
duced by liberal receipts and the depression in
other grains. September was sold most freely
partly because drying was going on at a liberal
rate. Poor weather conditions in Iowa were
influential in holding up deferred futures Sep
TENDER started unchanged to nc lower at s5Jkc
TO 54ssc, dropped TO 1914 and closed weak, IL
on at S31sc. December stood between 3l9s and
December 81 and closed easy, &c down at 3IKc
Receipts 3S4 cars, seven contract grade
Provisions were duh and somewhat Irregular
Advancing hog prices started an early upturn
which was lost, however, on fair liquidation
ana ana Saturday evening up January pork closed
21zc lower at Sl4.sl1k, January lard unchanged
at s. and January ribs csc higher at ST. S0
CHICAGO QUOTATIONS.
CHICAGO, Sept 6.-The leading futures
ranged as follows: