Evening star., 1907-08-25
FINANCE AND TRADE IN
MARKETS OF THE WORLD
THE GRAIN MARKETS.

CHICAGO. August 24.-Confiicting reports
and a scarcity of definite information
caused an irregular and nervous market
In wheat today. At the close September
wheat was up Aass. Corn was IA cents
higher. Oats were up Is. Provisions
were 21a cents to Is cents higher. Except
at the immediate opening. the early senti-
ment in the market was strongly bull:sh.
The opening quotations were easier because
of realizing sales and some selling by
shorts. Offerings soon became scarce, how
ever, and prices stffened on good de-
mand Attempts to realize on the bulge
brought out the greater part of the early
bought wheat, and the market broke again.
Damage reports from the west and north
west were numerous, but they were OF
contradictory character. Definite infOrma-
ton was at a premium. On al the breaks.
the market was given substantial support.
The demand for cash grain was good and
prices We're fairly strong. September wheat
opened 1saA to asa1s lower at s9A to S31a.
sod between SS7s cents and o.. cents, and
closed firm at 30 cents. ClearanceS of
wheat and -four were equal to 3I3.O0J
bushels. Primary receipts were T1S.0J0
bushels, against 546,0H0 busLe 8 on the sane
day last year. MINI aapo.iS. Duluth and
Chicago reported receipts of 20 cars.
against 337 cars last week and 100 cars one
year ago
The corn market was ALMOST as nervous
as wheat The opening was easy on selling
by pit traders and commission hous s.
which was based on better weather for the
northwest The decline stimulated the
buying and prices quickly shot upward.
There were occasional breaks on realizing
sales, but the market generally was strong.
September opened Is to IS lower at 5IA to
5IH.. sold between % and 5J2s, and clos ID
strong at the latter figures. Local receipts
were 1870 cars. with 2S.of contract grade.
+ Trading in oats was in much less volume
than in wheat and corn. A larger amount
of cash oats offered than for several days
past. The eastern shipping demand de-
Clined somewhat. and the general tone OF
the market was easier. September opened
i. high.r at 81, sold between JJla and 5las,
and c-osed ,o1s. Local receipts We're 213
cars.
A light run of hogs and fair speculative
demand in the January options caused d
firm market in provisions. The opinion OF
many spectators was that higher prices
for must soon bring an advance in
pork At the c ose September was Il cents
higher. at 1910. Lard WAS up 2l2a5. at
9.09a?O71h. Ribs were cents higher, at
So.
Estimated receipts Tor tomorrow: Wheat,
216 cars: corn. 133 cars; oats go cars;
hogs, 57.OOO head.
ST. LOUIS. August 24.-Wheat. firm: No.
red, cash, SShaS}1a; No. = hard, SSa91;
September. s7ss: December. 93. Corn. firm;
No. ,, cash. olas11e; September 5o1s; De-
cember, 5314; No white. 571a Oats. lower:
No 2. cash. 461a; September. IS; Decem-
ber, IS; No. white, ~.
MINNEAPOLIS. Mimi, August 2i.-
Wheat: September. 9I3s sa9Th. December. 991a:
May. 1.037sa1.G4; No. 1 hard. 1.e3A No.
northern. 102li: No 2 northern, yYA No.
} northern. 9412a95ls
MILWAUKEE, Wis, August 24.-Wheat.
higher: No. l northern. 103a1.O4: No. 2
northern. IGOa1.G2: December. 95A bid
Rye, higher: No. l. 7Sa79 Barley. higher
No. 2. 761a: sample. 5Ta76. Corn, higher;
DULUTH. Mimi, August 24-Wheat:
September, LOOA; December, 1.OO4s May.
104A.