The Montgomery advertiser., 1904-12-03
CHICAGO GRAIN AND PRoyrsroNs.

SCHlCAGO 0HAIN AND fHOvhDAUNSs CHICAGO. Dec. 2.--Continued dry wealth.
 CT in the Southwest caused . net advance
 of Nc in the price of May wheat here .tc-
 day The market closed strong with prices almost at the top. Corn and oats are prac- ticaliy unchanged. Provisions are up SO
 With the exception of . slightly un- settled tone at the start sentiment in the
 wheat pit today was decidedly builish
 throughout the entire session. Under the ii-
 fluence of lower prices for wheat at Liv-
 steady. May being shade higher to h0Ac lower at LOOK @1.09h. The weakness at Liverpool was said to be due to liberal sell ing on favorable crop advices from Argen- tina. News available here from the South American wheat fields. however. was con- flicting several reports claiming that wet weather was interfering with harvest opera tions The uncertainty of the foreign situa- ton compelled many traders to turn their attention to domestic conditions. In the Southwest the jrouth still unbroken and the continued lack of rain in the winter wheat territory was one of tie prime factors In starting an upward movement cf prices. statemtn. by the president of
 grain association in Kansas City estimating
 the damage tn waeat through the State at
 70 per cent was one of the main bullish in-
 fiuences of the day, Another element of
 paper According to this authority the
 wheat crop in the entire belt east of the
 moisture. Another builish factor was the
 primary receipts. Strength of cash mar
 kats at St. Louis and Kansas City was also an influence here. Throughout the day tht
 market had the support of the leaders ot the bull crowd. Prices, reached the high est point of the day just prior to the close. May touching 1.1O&. Final quotations or
 May were at i.1oh G1. toM. Clearances cf wheat and flour were equal to 1i6.s00 bushels. Primary receipts were ss5.6sa bushels. against i.o64.300 bushels year ago Minneapolis. Duluth and Chicago re- porter receipts of T35 cars against I.i4z | last week and 75o last year.
 Interest in the corn market was almost entirely lacking and the volume of busi- ness the smallest many weeks. pri- /, mary receipts showed a big increase but To- cal receipts were only moderate. Many com plaints of corn curing slowly were feceiv- | ad but these were nullified by lower prices l at sample tables. .. A steady tone prevailed throughout the day. May opened unchanged | 45. and 4b% G45%. and closed at 45 &. | Local receipts were 425 cars. one of contract grade.
 firm tone was manifested in the oats | market. small receipts being the principal l bull factor. Trading was moderate. con-
 sisting mainly of changing from December | to May After opening unchanged to a | shade lower at 31h 031k. May sold up to 31h@31% and closed at 3ih. Local re- ceipts. S1 cars.
 | Considerable interest was exhibited in pro- visions and the volume of business was quite large Higher prices for hogs was one of | the chief influences affecting the market. l May pork was up 20@22hc at IS 200 3.22h. Lard was up 5c at [ 20. Ribs vera 10Q12hc higher at 6.s5.
 Estimated receipts for tomorrow: Wheat. ' 5s cars; corn, 2s5 cars; oats. 5e cars; hogs. 1000 head.