The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-08-31
MORE FEARS OF FR0STS
THEY 4 STRONGER TONE To
WHEAT AND CORN.
Wheat Export C~Iearances Also n Good
FactOr-Osts Close Lower and Hog
d at Mixed Changes.

CHICAGO, Aug. 30.-Fears of frosts and
other weather handieaps n big export
business in wheat and flour worked
against the dullness of an ante-holiday
market in grains to-day. Corn traders
were in tenderhooks over possible damage
to green cornfelds, and as a result what
changes were made in the somewhat dull
markets were mainly on the bull side.
September wheat closed $sQ13c higher. corn
lsc up and oats hc lower. Provisions closed
&c lower to 15c higher.
in spite of a small trade there was a firm
undertone in wheat. Freezing temperatures
still fingered on the distant northern
bondary of the Canadian Northwest. and
bear spectators feared f-osts as a con-
sequence. Showers were general in the
spring country. Gables were lower, Paris
having lost s cents i'm two days. This,
however, had little effect, as did a consid-
cradle enlargement of receipts of new
spring wheat. There was a good buying
of December here, but most attention was
given to September, which on short cover
ing was lifted sc at one time. Statistics
were of little value, this day last year hav-
ing been a holiday. The exception to this
was the report of 997 900 bu of wheat and
flour cleared at the seaboard, a bit of
news that materially strengthened the pit.
September opened unchanged to Ac up, al
70&qO%c. sold to 7lAc and closed firm %q
kc higher, at 7O%q707sc. December sold be-
tween 611sQ67hc and closed steady bc up,
at 67Ac. Local receipts were 227 cars, 3 OF
contract grade; Minneapolis and Duluth re-
ported 367 cars, a total of 594 cars, against
4S6 last week. Primary receipts were 95l,
900 blu.
Corn was abnormally dull, but prices held
firm. Cash business was at a standstill
with no sales reported. There were no out
side orders received, and spectators were
not inclined TO do anything on their Owl
account because of the double holiday over
tomorrow and Labor day. Receipts were
still small, but cables were lower. There
was a drop early in the day of a full point
on the extreme dullness, but later frost fears
brought a rally. Advices from Kansas anC
Missouri were TO the effect that corn would
be ready for the shelters in a few days
There were no seaboard clearances. Sep
TENDER sold from sc 10 5lSsc, dipped TO $3.50
and, rallying to 57ssc. closed steady, l4c up
at 5IAc. December closed 4c up at 421sc
Receipts were fifty-seVen cars.
Oats ruled very steady and dull. Their
was scattered covering early, melted chiefly
by rains in the Northwest. whence tn
trade is counting on good oats. The trad
was not or heaNy volume. There were SOM
steady offerings by a few longs, but the,
We're absorbed September sold 10 34&sc am
closed a triffe easy, 1sc down, at 3ic. DE
cember sold at SIC and closed firm, nc high
er, at 3OAc. Receipts We're So cars.
Provisions were dull and steady, wit
fluctuations of narrow proportions. Hog
were wanted and prices at the yards wer
higher. This brought a rally from the lowe
prices with which products opened. Lar,
was in fair demand at times and works.
higher. AT the close September pork wa
&C down, at $l7; January 215c up, at $14. az
September lard, 2l2c up, at so. 421a. an,
closed PIC higher at $10.2712, and Octobe
sc up to 50 9215.
Monday being Labor day and a legal holi
day there will be no session of the Chicag
Board of Trade.
Estimated receipts for Monday-Wheat
800 cars; corn, 50 cars; oats, 325 cars; hogs
24,OU head; hogs for the week, 120, 900 head
Leading futures ranged as follows: