The Montgomery advertiser., 1902-09-13
Chicago Grain and Provisions.

CHICAGO Sept IA killing frost In half
the corn belt ruled the grain pits to-day While
corn shorts were largely prepared for this sort
of news there was good upturn in the
coarser grain early and an active business was
advance wheat made fair early gains. THE
outside situation. however. was weak warmer
weather was predicted. and while some OF the
longs in general took profits. Most of the corn
gain was lost and wheat. under pressure closed
weak In the END and
Provisions closed 5a7is to aoa2ass higher.
had been done in anticipation OF the frost
that the market was beTeft of the. exciting
feature that otherwise would have character,
lied the opening: Killing fIosts were reporteo
in the Dakotas, Minnesota, Iowa and Nebraska
and lighter frosts in Southern Kansas AZ
Spencer, Iowa, the damage was estimated at
SO per cent. What was missed in last night S
frosts bid fair to be nipped tonight Dig
buying business started early led BY commits.
I against the price and sold, but the demand was
COED and falr advances were registered early.
Local receipts were improved po,h ,- ~ hsttcr
while most of the local crowd wantea early
PROFITS was nearly mid-session when the out
side began TO he affected by the advances ana
at that time highest prices were reached. Some
of the more conservative traders who have
been over tn, corn belt believe that serious
damage has resulted. However the late IL
quotation and predictions for warmer weather
after tonights probable frosts Topped off much
Of the corn gain May vas rSa mssssr nn
lions were supplied to the shorts in sufficient
demand and with the belief that the frost scare
barely firm figures. September sold as high
as e0a and closed Y up at 60. DECEMBER sold
at 44la and closed y higher at 43%a44. Re-
Wheat made some advances early IN the gay
in sympathy with the corn bulge. but after
fairly heavy business the PIT tu an,set heavy sy
ing was general and in long quantities under
the lead of big elevator and the commission
houses The frosts Northwest the continual.
ton Of the small Spring movement and good
clearances were the other builish incentives.
After the initial upturns the early buyers
more besides was lost. English cables were
lower, but the continent held firm st. Louis
was fair buyer inasmuch as , me corn y maj
was attributable to some extent 70 the iate
ease in corn. December opened %aA up a
R. sSS g a esr. s?ses
neapois and Duluth reported o3l; a total toi
the three points Of 6S7 against 55s last week
eaaaled $40 coo bushels. Primary, receipt.
were l.li2,ooo bushels compared to i'4ISoos
last year
today, corn detracting largely from this pit
There were no prominent features and the
small early advances were purely 'sympathetic
There was a small demand for cash stun
Scattered selling took away the slight early
improvement and prices closed easy peGem
Der sold between 3lb and the close, whicf
was Y down at 3lia. Receipts, 2is cars I
contract A., ...
of the advancing hog market. On the rise
there was considerable selling which caused
some reactions The pit. however. was bullisf
trade was good at times. though it was prin.
| cipaily local January pork closed 2od22l:
| up at si522is: January lard l5c higher a.
sss22ih and January hOS o@|'Ec up al
This TSs leading futures ranged a. follows: