The Montgomery advertiser., 1902-08-19
Chicago Grain and Provisions

CHICAGO. Aug. Ie-Grains had an elusive bill turn today. All pits experienced good of frosts in the Northwest. flooding rains in the Iowa fields and general poor trading. pected strength was soon lost when holders turned to sell in the somewhat narrow mar kets. At the close September wheat was 7sc
 lower: September corn s higher and Septem- her oats shade up September provisions closed 2Md5c higher.
 Wheat started firm. Conditions in the North west were considered unfavorable for tho maturing wheat. There was too much mols- ture and even frosts wero feared. England had bad weather sent over comparatively firm cables. There also was decrease of l.- 5oo GOO bushels in the visible and a marked falling eff in worlds shipments. The fair early advance was something of a surprise inasmuch as the accumulaticns from heavy receipts over Sunday were expected to bear the market. Outside markets however, started well up and September somewhat synlpathet- ically opened shade to hdhc,, higher at 7od7o4s and sold to 7ok. A selling move ment augmented by unloading by manlpule- tors of the September December spread brought shap Boo of and did not stay the down slide. Possibly as much anything, however, in the down turn was market. In general 1t bearish sentiment against eSlish m s statistics ,a sspiemeer peSn sa@ 6eh Receipts, 355 cars, of contract grade: !: Minneapolis and Duluth reported BPS; total of 675 against 5e9 last week and 94s q year ago. Breadstuffs on passage increased 1 643 900 bushels Worlds shipments were 7.3o4 900 against II 344. 900 year ago Primary receipts 4S3 900, against = 424. GOO last year. The seaboard reported l2 loads taken for export.
 Corn held to it's strength better than the othor grains. After the early squirt trade lapsed into slow. narrow market The course of the market was partly influenced by the cold rainy weather and by the action in wheat Iowa had floods of rain: Local opera tors were scalpers the bull side. buying September briskiy for the first hour Offer ings were light early. receipts were small at 43 cars, cables were firm and hot winds were September unchanged to b up at 5Ihd5l14 tut soon took it to 52k Then came liberal selling by the early supporters and predictions of better weather The cash demand was small although contract stuff was scarce. On the selling and the dip In wheat September fell back to 5lh. slight rally brought a barely firm close. September 9sc up at 5llt.
 Oats started strong on the bad weather in Iowa and general buying. There was no unusual feature however and although the cash demand continued good and offerings were not excessive. prices fell back with the Veak- ening of wheat and corn. The close showed fractional advances. September sold from 32Ss to 32% down to steady close, a shade up at NQ32 Receipts were liberal at PSI cars. 23 of contract grade.
 Provisions were rather dull. but showed fair together with support by packers worked against a slight pressure from the outside. There good rallINafter an easy open ing, but profiting late in the day took on most of the gain. September pork closed 2i1c up ct S 5. 95; September lard 5c higher at $. 35 and September ribs 2hc higher at S9.6
 The leading futures ranged as foilUws: