Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-09-02
THE GRAIN MARKETS.

CHICAGO, September 1.-Comparatlvely
small deliveries today of wheat on Septem-
Der contracts had Strengthening effect on
the local wheat market. At the close the
December option was up II. Corn showed
but slight change. Oats were UP Y. Pro-
visions were shade to sc. higher.
Interest in the wheat pit today centered
in the amount of wheat delivered on Sep
TENDER contracts. Early in the day esti-
mates. supposedly conservative. placed the
amount of this wheat at 100000 bushels.
but the deliveries fell short of this amount
by about 1900, 600. The difference between
the estimates and the actual deliveries
caused active buying of the September OPP
ton throughout the entire session and re-
suited in an advance of nearly lie. in the
price of the September delivery.
The strength of the current month had a
steadying effect on the more distant deliv-
cries, which were bearishly affected by
weather in the spring wheat territory.
Shorts and elevator interests were the chief
bidders for September. The market closed
firm. December opened BaA to Aa7s higher
at 1875 to "A, sold between 1875 and 74a74A
and closed at 733sa74. Clearances of wheat
and flour were equal to $4,000 bushels
Primary receipts were 100000 bushels, COM
pared with 1,01S,OOO bushels for the corre-
spending day year ago., Minneapolis, Du-
luth and Chicago reported receipts of AS
cars. against 100 cars last week and 469
cars one year ago.
Sentiment in the corn pit was bearish, but
the market was held steady by the small
ness of the deliveries on September con-
tracts. News In general favored the bears,
weather conditions being excellent for the
growing crop and arrivals of corn at all
primary points in the United States showing
a material increase. For the first time in
many weeks the total receipts exceeded
those of the corresponding day Of last year,
the movement today aggregating 6O4 600
bushels, against $4,000 bushels last year.
Cash houses were the most conspicuous buy
ers of the September option. Trading on
the whole was light because of the scarcity
of offerings. The market closed steady.
December opened a shade lower at 1875.
sold between 421sa43A and closed at 43N.
Local receipts were BAT cars, with 205 Of
contract grade.
Deliveries Of oats on September contracts
amounted to about 100000 bushels, which
was about one-half of the previous esti-
mates. This shortage caused an active de-
mand by shorts, and cash houses for the
September delivery. and gave considerable
strength to. the market in general. Be-
cause OF lack of offerings the volume Of
trading was light The market closed
higher at 3O7s to 3OTa31. sold up to 31ha
315s and closed at the top price, Local re-
ceipts were 24O cars.
Provisions were extremely quiet but firm.
ported the bulls. AT the close September
pork was UP a shade at 16.9Oa16 92A. Lard
was up a shade at 8.7714a8.SO. Ribs were
&c. higher at 1921.
Estimated receipts for Monday are:
Wheat. 90 cars: corn. AS cars; oats, 2O3
cars; hogs, 5000 head.
There will be no session of the board of
trade on Monday. 1t being Labor day.
MINNEAPOLIS. Mimi, September l.
Close: Wheat. September 72Ma72X; De-
cember. 72Ka72A; May. 78N: No. hard.
771a; No. 1 northern. 70: No. northern,
74h: No. northern, 71ka72
Flour. first patents, 4.O0a4 10: second pat
ents. 3.85a395; first clears, 3.25a3. As; second
clears, 2.50a26O.
DULUTH. MIMI. September 1-Wheat:
No. northern new, 75K: No. old north
ern. 76; No 2 new northern. TAN; Decem-
Der, 70; May. TIN.