Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-12-29
THE GRAIN MARKETS.

o.
ceipts in the northwest formed the chief
reason for strong wheat market here
today. At the close May wheat was 19sa
IL higher. Corn was up 1Aa1%c. Oats
were &c higher. Provisions were s to
121kc higher.
The wheat market was strong all day.
Influential traders began to buy at the
opening and continued until the close
The chief reason was that the principal
northwestern Grain receiving points re-
ported only 210 cars today. with cars
plentiful, against 4S7 cars last year, dur
ing the prevalence of the car famine
The belief that the worlds shipments will
show a comparative decline within the
next few weeks was also strong bullish
factor.
There was also an improved demand
for milling purposes, and from Texas
came the report that wheat acreage had
been reduced 90 per cent from that of
last year, partly because the farmers
fear the temperance of the green bug
and also because of the desire of plant
ers to use more land for cotton. The
close was strong. May opened 1saA to
lza9sc higher at 1854 to 1863, sold be-
tween 1854 and los. and closed at 107A.
Clearances Of wheat and -four were
equal to 2S2 900 bushels. Primary receipts
were 100000 bushels, against $4,000
bushels the same day last year. Mime
apolis, Duluth and Chicago reported re-
ceipts of 253 cars. against 391 cars last
week. and $50 cars a year ago.
In the corn market. light receipts, COM
paratively few country acceptances and
an improved demand from the east Gre
ated a strong feeling. The strength of
wheat was also bullish factor. May
opened BaA to Aassc higher at 5s1sa5s7ss;
sold between 5s1k and Co.. and closed
steady at 59A TotaK receipts were 161
cars, with four of contract grade.
The oats market was stronger and
There was fair buying for investment
account. and also by shorts. Light local
receipts were also a Strengthening in
fluence. May opened 1sc higher. at 53b.
and sold between that figure and 54h
and closed at 549s. Local receipts were
14S cars.
The provisions market was dull but firm,
partly because of the slight advance IL,
the price of live hogs. and also because
of the strength of the grain markets.
At the close May pork was 121sc higher,
at 1914. Lard was &c up. at 7.SJ. Ribs
were TIC higher. at ITO.
Estimated receipts for Monday: Wheat,
40 cars;s corn. go cars; oats. 195 cars
hogs. 41.O0O head.
ST LOUIS. Mo-. December 2s.-Wheat-
No red, cash. 1.O31sa1 O41a; No. 9 hard
I. O2a1 .O61a; May. 1O6ssa1 .O6%; July, 96H
Corn-No. cash, 5415a55: May, 57h
July, 57ss; No. white, 551s
Oats-No. 2 cash, f9a491.; May. 52ss
No. white, 5lk.
DULUTH, Mimi. December 2s.-Whe at
No. hard. Linz; No. northern, 1.1OA
No. northern, 1.072; December, 1.09h
May. 1.14N; July, 1.15k.
MILWAUKEE, December 2s.-Wheat-
No / northern, 1.12a1.13; No. northern
/ .O9a1. 1O1z; May. 1.O7s4 bid.
Rye-No. l, S0haS1.
Barley-No. 2. LOO; sample. 65a1. 90.
Corn-No. 3 cash, 56a5S; May, 59A bid.
CINCINNATI. Ohio. December 2s-
Hogs steady; butchers and shippers, Asa
400; common. 3.6Ja4.JO.
Cattle, steady; fair to good shippers
f75a5. %; common, 2.O0a2.J5
Sheep, steady to strong. aOOa4.2l
Lambs, steady to strong, 4.00a6.25.
MINNEAPOLIS, Mimi. December 2s-
Wheat-May, LA; July, 1.143s: No. l hard
113A: No. northern, 1.11A: No. north.
ern. 1.OsXa1.O9A; No. 3 northern. 1.O4Aa
1.OJa