The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-10-31
CHICAGO CLOSING QUOTATIONS.
THE GRAIN


Wheat declined early on raCher dissppoint-
ing cables and the denial of some reports OF
damage to foreign crops. but rallied on Brad
streets statement and small receipts.
Feeling the effect Of liquidation, prices
declined early following a sharp decline in
December az Chicago. A storm reported in
Argentina seems 10 have been only local
Nrmour was supposed to he selling heavily
through Frank Partridge and others. The
auidnuncs announced too that che Eastern
long holdings we're at last coming OUT.
This announcement ia made periodically.
Charles Sohwab IL supposed by others TO still
be a bull, however. and TO be carrying pretty
large holdings. Kneeland was selling De-
cember steadily in the morning. Chicago
was e,5c. under New York. which vas much
more than usual. IL was due to the grain
blockade at the West. That depresses prices
At the West and naturally tends 10 siren gthen
them At the East, where exporters want the
wheat and cannot get it.
Liverpool closed easy and unchan ged 70
&c. lower. Antwerp was quiet and un-
changed. The Chicago selling was az =
tributed to the disappointing cables which
on Monday. Also the European crop reports
were favorable. There has been. Il Is now
hurricane in Argentina II is claimed did no
harm. Railroads have. u Is stated. agreed
70 take 2 10000 bushels q October shipments
~ III hAVt ONN NCNEAV 'uHC Y - ~
tracts. watson 4 Co. said: The receipts at
Ne NHrt SS%TnT P ssI ere is ut n. 20 on 1HSa road SspT Ssnd,inns
wheat to Minneapolis and Duluth in excess
Of last year, The 500 is short Of power
which haveybeen on track thirty-four days"
A Chicago despatch said: 1T looks az II
there were important selling OF long wheat
But, on the other hand, Brqdstreers stated
4, -NTla
FOR for he week as t only SIS. 900 bushels against SSHSs
SsssO.o 600 IN the previous week and no less
bushels. against 2~.I9O.OOO in the. previous
week and 3.7S4 900 last year. In and afoat for
over, BrOomhall again sent reports OF dry
weather In Russia; Liverpool futures opened
firm and I'D. higher and advanced another
paris closed. ITO &c: higher on wheat and
~. to .24c, higher on four, Berlin advanced
There /. q Constant export demand and
clearances are AZ once steady and far from
uDimportant. The export business would be
larger were supplies available.
Valentine bought $50 .OOO bushels OF Deem
Der later on in the trading.
No. : red winter sold at ic. uSder Deoes,bsr
and $50 at &c. under. Export sales were
made q ia, 1000 bushels at Duluth. Chicaeo,s
contract stocks decreased 1913. ONn u shels
for the week. ArmOur's early selling was
supposed TO he for the purpose Of facilitating
sol cars. against So Last week and i.o7s last
year.
IN the end a rally set in which left prices
at the close at about where they started.
THE COX SITUATION.
Prices were pretty steady in the main IN
the early business. though at times showin ing
. Oag0ing tendency. Iha weather was moro
favorable. old and clear. IN the new corn
movement the weather IL naturally nil im-
portsnt. Liverpool advanced I'D. to I'D.
owing to a better C. /. (. demand. hrmness oil
America and the hrmeT American offerings
OF new corn" said BrOomhall,
The closing was more steady, partly owinR
70 q pretty small estimate for Chicago to-day
only ri Garland some covering. The
! cash demand a. Chioa 20 was fair. Prices