Los Angeles herald., 1905-07-18
CHICAGO GRAIN MARKET.
Perfect weather Affscts Wheat Prices.
HafA wv Profits In Corn ff
BY AssocIated Press.

BY Associated Press. 'r
f CHICAGO. JuIy 17APerfect weather
caused prices in the wheat market to. sag
here today THE market was weak from
start to finish At the opening the Sep
tember delivery was off ssc to 1c at Ss1h@
Southwest graih markets were today
deluged with a flood. of new wheat, arri-l
walls at Kansas City and st. Louis being
95t0o6 bushels compared WITH lqzs1fy
bushels the corresponding day a year
ago The free marketing Of the new crop
was an additional reason for the selling
pressure that was In evidence here during
the entire session. A liberal decrease In
the worlds shipments seemed 20 be
wholly iguored.f Likewise q decrease Of
2.SS'Q00 bushels. on ,phssage had apparently
For September the lowest point of the
day was reached at 82%c. The market
closed extremely weak, with September
Minneapolis. Duluth and chicago re-
ported receipts OF PAL cars,s against 222l
cars last week and -260- cars q year. agosss.s.
Considerable activity was manifested in
the corn market As a result Of the con-
gested condition Of the July delivery
sharp advances occurred In that option
early In the session. resulting In "A strong
market. Later the market slumped off as
suddenly as 1T had previously rallied,
heavy profit taking being respunsibie.
September closed at MNc.
Oats were weak all day on favorable
weather conditions. A".ft 'H fn
Selling of a large line of ribs by
packer caused weakness In the provision
pit, Notwithstanding the wide advance in
The price of live hogs. At the close Sep
tember pork was Off 121sc at $l2. 2S12 Lard
was down 5d71kc at S.2O. Ribs were Be
lower at $1.S71s HfFia"',ift4Ei hNAif
Market Ranges Te9 ni
The leading futures ranged as follows:
Wheat No. 2-sJAly, S5Ac; September,
C Corn, s No. July Jul Il Ola 5s&e; July
(new) 56thc; September (old), 55c; Sep
tember (new), 54%c; December new,
= Oats. f,si No. 2--Juiy, soNc; September,
29lSc; December, 20ss@29&e; May, S1A9
31%c.
Cash quotations were as follows:
Spring wiiSesat1No. eiiSs 2, s1.Osa1.1o; No. 8,
95c@s1.O5; No. (red) S7he.
corn-No. 2, 57hc; No. tyellow), san
Ql5715c.
Barley-Good feeding, 42@44c fair to
choice mailing, 47@49c,
Flaxseed--No. ], $l.22h; No north
western 81. 40; prime timothy seed. $500
PR Provisions-Mess pork, per barrel, $3.50
@t2S5; lard, per 100 pounds 81; 05@7 10i
short ribs sides Qoosel. $7s7O97 80; short
clear sides Cboxedl, slS7lA@S0O.
Whisky-Basis of high wines $1.27.AH
Clover-Contract grade, l275@13. 90.
Articles. Receipts Shipm'ts.
FlOur, pdrrelS ............. lb,tW llb,IUV
Wheat, bushels ...,....... 73000 81, 900
Corn, bushels ............. $4,000 sos, 800
Oats bushels ,............ $4,000 $4,000
bdrley puSnelS ............ l5,3OU ..s...
Cereals of the World
By Associa ted Press.
fLIVERPOOL July 1I-rClose Wheat
september, IS 7hd; December, 6s
SAN FRANCISCO July H. Wheat
steady. December. $1.43h E
Barley steady. December, SO &c. +
GGorna ssaarrgeo yellow, sLa7h @1.42h.
NEW YORK. July Al -Wheat-Op4
tons closed: July, 91isc; Septembers
TAGoMA. july zzsWS.heatAUnchanged;
bluestem sec; club SOC.
PORTLAND, .Ore.eJuly IL Wheat-For
export: Bluestem, S2GlS3c; club, S9@90c.
For milling, Valley SEC III