The Montgomery advertiser., 1904-10-21

porting influences. while the selling was ascrieed to Egyptian houses Later on the advent of American selling orders addition. | options lost 6 to points, and spots on sales of 1000 bales. declined points. I Initial transactions in our market were | at about unchanged to slightly lower prices. Traders who recently covered short com l m.tments precautionary to weather disturb ances. became sellers again. causing mod | crate decline.
 The weather map showed generally low CT temperatures but freezing weather nor killing frosts appeared in the cotton belt. Forecasts however. indicated light frosts and colder weather for other portions. but | the absence of accompanying rains detracts I largely from serious results
 1 ment. increasing stocks and quiet spot de- mand the preponderance of sentiment will suggest that interests will be best conserved by accepting the short side on advances in . market most likely to partaks of . scalping nature.
 CHICAGO GRAIN AND PKovIsToNs. CHICAGO. Oct. 2o.--Increased primary receipts and lower prices for cash wheat caused . decline in speculative wheat prices here today. Al the close the December de- shoT. sssy sas ioss a0or of nsy va: off c Gcrn visions are unchanged to 5c higher
 Notwithstsnding liberal receipts North west and easier cabies, firm undertone open ing. December was up h ah hc to x a hc at l. .f4x 91. l4&. while May was K lower to t;,,, ac higher as t;isx 0i, ,i!k. The initial scarcity of milling wheat. sharp break ,n prices at Minneapolis. however. soon brought out heavy sales here by pit trad CTS and comnission houses the impression apparently being that the lower prices in the Northwest foreshadowej c still greater increase in the country movement in that section Tn consequencs sentiment for a W n EAt AAA AAA wN.A dency was checked by an active demand from shorts and some of the big bull trad CTS Following rally at Minneapolis the market here also became strong. December advancing to o1.1sh May sold up to f4M on sharp break in corn. About this time the wheat market was injected to heavy ment became quite weak. Selling pressure vas increased by larger arrivals at Kansas City and St. Louis and, by exceedingly small exports for the day The market was fur ther weakened by the execution of stop loss orders and by . siackened demand for cash wheat at all outside points. The low point on December for the day was reached at 1.14h and on May at 1.12K. Some recov- cry was made with December at l.14%@ 1.llE. Final quotations on May were at l.lSM. Primary receipts were 1,05s. 700 Minneapolis, Duluth and Chicago reported receipts of SIS cars against s27 last week and 5ss year ago.
 Firm cables and wet weather in portions
 
 corn early in the session, resulting in strong market. Sentiment suddenly became extremely weak. however, in consequence of general liquidation of December The ceiling was due to an announcement that live cars of new corn. grading No. had been received at Kansas City. During the last half hour the market rallied slightly on covering. but predictions of clear, cool weather for tomorrow prevented any de- eided advance. December opened unchanged to kc higher at 4eh 04sS. sold between As and 4s& @4sA and closed at 4s%, Lo- cal receipts. '79 ears. contract grade
 The action of wheat and corn was the dominating influence in the oats market Commission houses were fair buyers on an early advance but sold out later in the day. December opened shade higher at 2eM ranged between 2sx and 2sx @2sM and closed at 2sk. Local receipts 114 cars.
 Provisions were steady on fair support by pit traders Trading was very quiet partly as result of scarcity of offerings At the close January pork was up Sc at f2 40 Lard was down 2hc at 7.17h. Ribs were unchanged at 6.i7M.
 Estimated receipts for tomorrow: Wheat ee ears: corn. 1o4 ears: oats, 1o4 cars; hogs I4.ooo head
 Leading futures ranged as follows: ARTICLES. Open High. Low. Cloes.