Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-09-23
THE GRAIN MARKETS.

CHICAGO, September 22.-Weaker cash
markets In the northwest and the easier
tone in coarse grains caused break In the
price Of wheat here today after the market
had opened firm and active. At the close
December wheat was unchanged to u lower.
Corn was down ". Oats were off u to n.
Provisions were 21s to 10c: higher.
The market opened higher because Of
light receipts in the northwest and reports
from Argentina that the crop there Is
being extensively damaged by locusts. I'm
der these influences December wheat adj
vanced to 75hs. but local traders sold &C
lively on bulge and the market dragged
somewhat until the close. Offerings, how
ever were scarce on the decline, and prices
rallied quickly. Cables were reported
heavy as the result of yesterdays market
here. Minneapolis reported that cash
houses in that market were selling De-
cember wheat and also sent report that
northwestern shippers are storing wheat
because OF their inability to get cars. 1t
was also declared that the firmness OF
wheat during the early part of the week
had checked in some degree the demand
for four These things. together with the
" eakuess Of tie coarse grains. had the
effect of making traders cautious The
close was steacy. December wheat opened
unchanged to a lower at TAX. sold be-
tween 74h and 751s and closed at 74z.
Clearances Of wheat and flour were equal
to 264OO0 bushels. Primary receipts were
9T9 900 bushels. against 1884, 900 bushels last
year. Minneapolis. Duluth and Chicago re-
ported receipts of $50 cars. against TAI cars
last week and 1,0S8 cars last year.
The corn market was quiet for the greater
part Of the day, fear that there Is danger
Of a squeeze in September corn keeping
many brokers' out of the market. The Sep
TENDER option declined v, but the loss In
other months was small. Local receipts
today were somewhat larger than for sew
eral days past. and the increase is expected
Dpcpmher
opened u to Aaas lower at 42Asa42N to ~.
sold between 425sa42A and 427sa43. The
close was easy and Y lower at 42Z. Local
receipts were 443 cars, with 277 cars of con-
tract grade.
The oats market was quiet. the range OF
prices keeping within y cents. The pres
sure from either side was not important
The primary movement continued nDerai.
December oats opened Nan lower at 1914 to
33A, sold between. 1884 and 33zsa33A and
closed easy, and haA lower at S1ea339s.
Local receipts were 258 cars.
The provisions market ruled higher on g
small run of hogs and an advance OF
cents in prices at the stock yards. There
was excellent buying of lard throughout
the day Shipments of meat and lard were
in fair quantity. At the close January pork
was 10 cents higher, at 13.22h. Lard was
up 21a at $50. Ribs were 21saS cents higher,
at 7O7ha7.1O
Estimated receipts for Monday: Wheat.
IS cars: corn, ATS cars; oats. :54 cars; hogs.
"a 600 head.
MINNEAPOLIS. MIMI. September o.
Closed: Wheat. September. "a; December,
73Aa73M: May. IS: No. hard, Tx; No. l
northern. TN: No. northern. 75N; No. 8
northern. 73&a74&
Flour-First patents. 4.20a430: second
patents, 4.O5a415: first clears, 3.25a3. 45;
second clears. 2.40a2.6o.
MILWAUKEE,. Wis, September o.
Wheat No. northern. 78a70: No. north
ern. TATE; December. TAX.
Rye No. 1. 62a62h.
barley No. 2, So: sample. 3Sa54.
Corn-No. cash. 4611a47: December, 42%
asked.
DULUTH, Mimi, September 22-Wheat
No. / northern. 76A: No. northern, TAN
September, 78A; October. 75k; December.
74N; May, 78x.