New-York tribune., 1904-09-13
80 prrrsn1-Rn. sHAwMur ANp NoRrHERN.
TRADE IN CHICAGO.
tyY TELEGRAPH TO TIE TRIBUNE.

c-.,oo,o sert l2-Wheat was excited and much
higher the advances at the close being from sac
20 aLc in tne active trading months. such eVlueho
NJ strong buying shows that the government re-
mort carries considerable weight with tie specu-
lators. Il was the basis ot the m-rHst6 strength
There were a host of small buying orders iEoiE'
the country showing that people Who DO not gen =
orally speculate are coming into the market. In
tie December wheat changed hands at below 81 ~
and there were sales at the same time as hsh as
81 l0iL and a little at low as 81 OS1s May SOFA
from 81 liz up to 81 II. and not much unoer the
top figures There was no other consideration IN
the market outside Of the information contained IN
the government report Total recelpts @' ulo
primary Western markets amounted TO Ll9s"V
bushels against 332 600 bushels the year before.
Local stock IN public warehouses is L7SlocO push
els showing 10000 bushels increase for the week
The market became strong, and the excitement
rose as the price advanced. About half an hour
from the close May was already up 10 81 IS74' ana
December to 81 1224 Buying was curtalied Dy 'he
smaness of the offerings Closing prices were
within trfe of the highest OF the day. December
sold from 81 0sI5 to 81 12A. closing at 81 lZ7s May
closed at s. 14ss, &c below the high price OF the
day. 81 l47s. The lowest was 81 llh
With some deterioration in the condltoh Oh corn
since August l. as reported on Saturday. ana irost
marked on the weather map across the report OF
the temperature from Iowa. the bulls founa u
hard to work up much enthusiasm AHe'e
was a crowded pit and good deal OF nervous
anxiety, with a preliminary jump OF AoAh 72S l"
&c in the price but the tendency after that our
ing the next two hours at least. was to knock of
a little Of the early addition. Local receipts were
LIS cars OF the number ef cars inspected sixty
FIVE were of contract grade and about 5000 bushels
more OF that kind were transferred from private
houses. The total OF the days receipts at West
primary markets was $4,000 bushels. compared
with 600 bushels last year. Local stocks de-
creased 1900 bushels last week. Shipments from
Chicago since Saturday morning were $4,000 bush
els. The estimate OF to-morrow's local receipts
was 7ss cars The range OF December was from
Sic TO 5lSc closing at 5ssc. May closed ar the top
price OF the day. 501zc. after selling low as
49%c
Oats were not Influenced by the government re-
port. and looked. from the action OF the market.
as IL they might have been weak but for the
strength in wheat and the somewhat better prices
that bringing. Local receipts were 224
cars. and the estimate for tomorrow 27s. The
shipments were only 1900 bushels from Chicago.
Chicago stocks increased O00 bushels. and there
are in public elevators here 25e7.oOo, The highest
for December was 32sc the lowest 32i4c; the close
was s21zc May closed at s5ac above Saturday.
The highest s5Hc. the lowest S4Ae
The provision market showed good strength IN
the early operations, chiefly a better demand
and an increased interest ameng packers. The
commission trading. however. continued dull. 0cto-
went of to SO 62 profit taking October lard.
opening at 81 IT, dropped to 81 05. the previous
close. and October ribs worked of from 81 ~ to
81 81. Provisions regained In the last hour part
OF the strength exhibited at the opening chiefly in
sympathy with the strength in wheat