The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-10-04
In Wheat Market Yesterday--Corn
Offerings Were Light--Oats, Ad
vancing, Was Firm.

Chicago, Oct WHEAT. II longs
had an easy road to travel today the
news coming continually strong Is
the session progressed. With so
many domestic AMI foreign facts well
authenticated which will work for
much higher prices it is a little diff
cult to understand why there has
I been so much speculative opposition
to an advance. This opposition is
gradually being broken down as the
situation becomes clearer and In the
end there will be unanmiity on the
! long side here and abroad which will
carry the market up rapidly. English
and continental cables all came
| higher. With European requirements
SC large the consumer abroad is
easily worried by conditions In eX-
porting countries which tend to cur
tail shipments. This was evidenced
today in liberal overnight accept
ances and further buying during the
day which brought total sales to 232
loads. The weather is too dry for fall
blowing over all Europe and drought
continues in India and Australia. The
news from the latter is sensational,
our Liverpool house cabling at the
close that the crop is estimated to be
a failure. No exports are expected
and imports are improbable with ex
porters buying back sales already
made, The export demand is for no
particular grade. 1t is wheat that Is
wanted and Duluth or northern Mani
TOBIAS, Durums and red and hard
winter wheat were worked today. In
addition the domestic cash demand
was brisk with growing inquiry for
futures and one penny higher forI
spot. Local receipts were So cars
with 50 expected tomorrow North |
western cars 68l against 705 year
ago. Primary receipts were shade
more than last year at 100000. |
clearances 10000, Argentine ship
ments for the week estimated at 800,
900.
CORN The late break Yesterday
apparently eliminated weak holders |
and improved the technical position |
Of the market, at any rate offerings |
We're relatively light this morning,
the market regaining a full cent of
the loss on al excellent class of buy
ing which was influenced by lighter
receipts than estimated, the heavy
unfavorable weather fore.
cast and the advance in wheat Stocks
are low and any curtailment Of re-
ceipts will prompt an advance, as
the fact that the inquiry is for i'm
mediate shipment substantiates the
reports of light spot stocks east
Liverpool closed shade lower. 10
cal receipts were 1888 cars with AL
tomorrow. Total primary
receipts were S71.0OO Argentine
estimated at two million
bushels.
OATS-This market was firm at II I,
advance. The buying came chiefly |,
fro the northwest and the Winnipeg
market was up / cent This cereal is Z
II a position to respond promptly to
good buying. and when receipts
tighten we anticipate higher prices.
Local arrivals were 25S cars with 1873
expected tomorrow Total primary G
receipts $4,000 against $4,000 a
rear ago. II
pRONISION'S-There was a Grmeri g
ceiling in provisions. Nearby product g
was helped by the continued good 2
shipping demand for dry salt meats i
md lard and anuary delivery felt the
of the strength in the grain
Packing interests sold Jan
AIRY product. 1900 hogs estimated
or tomorrow