The sun., 1903-09-16
COMMERCIAL.

Cotton Reacts After Early AdvanCe-a&ver.
pool strong-weather and Crop News
Bad-Believed to Have Been Dis
counted. HOweyer-I.eading Bulls Sell
ing--Corn Weak ens-NO Froat-Whoat
and Oats Firmer-C onco Easier-Pr0.
visions Down.
TUESDAY. Sept. l6.--GRArN N-Wheat-Spot
was dull. Sales. 5000 bush. No. 2 red
&c. under December; No. Northern Duluth.
SIC. over December; No. 1 Northern New
York. SIC over. North western receipts
were 1851 cars. against Sal last week and
1880 last ear Chicago 1873 cars. against 400 last
week and AL year ago. Futures closed
nc to No higher. Sales. 100000 bush
Prices as follows:
oys"- 7Ss. E,g"- =, LsS, :s. Gs, 'ss. H,es hss
RsS R;s'm0er ss ~ ~ S. s. ~ 81
Oats were fairly active Sales. 700 900 bush. No.
No NV &e.'srn. M N?i Soc sr suasle Gar lot:
sey and State, soc. 70 SIC. c; Z, Buffalo, Corn @
a6 'sy ss y;oa &C. closed
70; to NO. lower. Sales. 10000 bush Prices Al
Open High Lou Clos Last
s:s:ss:s +: :si' 81 81 ii III e 81
lhls SHOWS the grain movement.
New York Wheat Corn. Oats. Rye: 6dvlsy
ss Esports ..'.. .'.. @ @s..SS 1851 1850 .... .M... M
Chicago:
sssSsR sssSs:,. s :s sSSs sss sss 5000 1885 s
ssHsR ssipmR.n,s sSS 7sseS 'seS ssooo 's ssoo @ @ is
Corn declined early in the day owing TO the failure
OF the predicted frosts to mateIalixe. private re
be.rsn no, STATE r.p and % 1essns TO
gother with more or less short selling. But there
was quick rally later on when II became known
that lower temperatures and frosts were predicted
for nearly the whole corn belt might. TN.
caused covering by early sellers and also brought
account. &C before the close however, 1t was stated
that the frosts would be less genera! and severe
snn at ResEy
better than expected and the receipts heavy
Primary markets. got io4o 600 bush against 3os ooc
said; "Tn.lI We W get rid Of the frost feature "a
!. for over COO 900 no matter what Chicago bull
assert to the contrary. We do not believe II vii
Il but we viii have py Of for any
that the high price does not fully assert. High
price. have always ben made b drought, ,aas sne
% cannot stand against cheap hay and grass.
Wheat was hrmer owing to further rains In th.
asmsTs to the both as to q.y
and quantity, strong markets at Minneapolis and
Duluth, good buying at chicago Tor Northwestern
account new buying for local account and covering
Of shorts. Al one time there was reaction owina
to the early depression In corn and realizing. bu
later on prices moved upward again on buying fol
both accounts. There were rumors OF a bettol
export inquiry and the weekly Government repor
was regarded as rather bullish. Broomhall sum
marlzcs the foreign crop situation as follows
United Kngdom-Since our last summary ths
weather has improved Tho quality Of the nov
wheat is better than expected but tho yiold has |
tendency to be light. The value OF the new whea
Is about shlngs per GENITAL. equivalent 20 abou
90 cents per bushel. delivered at tho mill. Germany
The weather has again been wet. but tho quality
Of tho now crops e better than was expected
Roumana. Russla-Fal ploughing Is hindered b.
the drought. Com prospects arc unchanged, 1. q.
unfavorabc. Inda-Seeding prospects arc splen
did. Australia-Cables report fair oharterng o.
wheat cargoes." Paris advanced 70 IS eentimes
skr and Berlin unchanged to u m. lower. Armour
was supposed to be selling December al the West
Primary receipts were 100000 BUSH, agains
l. sss 900 last year. The Bradstreet statemens wa
delayed. Oats were hrmer on unfAvorablo oroI
reports, light offerings and general buying st th'
FIous.-Flm and mere active; SALES. 80
exports. 1855 bbs; and 1880 saoks. winter 4
eles1s ees s.osss s.r.s4,s psssnt.
-: ::,Isiss!S;. !! :, asSs5."s; patents sSS'.s& n
CoTroN-Spot cotton here declined IS points
Sales; 5000 bales for export and ts2 for splnnine
New orleans and Gulf. l7c.. against sS-lec. Liver
pool advanced 10 points on the spot. with sale. o
900 bales: futures advanced to is points, but los
2 TO Of the rise. Manchester was Quiot Tho move