Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-09-17
Grain Board Takes d Holiday
Because Of Special Charter
Election in Chicago
BIG CASH SALES REPORTED
An Aid to the Market at Yesterdays
close-Bullish Cast to Canadian
News-lncrease Of 5 Per Gent in Ar
sentne Yield-Liverpool Quotations
Other Markets.

Chicago, Sept 17.-Operations in the
local grain and provision pits We're
suspended today because of the spec
ial charter election Business in all
other domestic and foreign markets
was uninterrupted.
In a session devoid of notable fea-
lures, wheat yesterday displayed
stronger undertone, ruling firmer from
start to finish, altho much of the days
best showing was lost thru the usual
preholiday realizing. News influences
as a whole, favored the market optim-
lists, but the narrow trade shaded the
benefit that might be expected from
quotations showed net advances of Sc
for the current month, u a sc for De-
cember, and Is q 1ac for May.
Higher prices at Liverpool compar-
atively light worlds shipments last
weeks, 0SO,000 bushels against TO-
$4,000 bushels the corresponding per-
iod last year--a decrease of 1,416.0O0
bushels in the supplies on ocean pass
age, and unsettled conditions in the
northwest were foremost among the
factors which worked for stronger
start Offerings were tightly held I'M
til the market had been given q good
boost and it was not until late in the
session that the longs dealt out the
grain In burdensome quantities.
Another strengthening influence was
the reported sales of 100000 bushels
red winter here late on Saturday. Ex-
.claring that good business was stead
lily being worked. others holding the
foreigners were not doing much. All
the principal markets of continental
Europe displayed soundness. and Eng
fish markets reported good inquiry
from Germany Minneapolis wired that
mills We're active, many of the coun-
try grinders working day and night to
catch up with their orders. Encourag-
ing flour talk also came from the
southwestern scenters, where the cash
markets ruled strong.
AS the session progressed advices
from the Canadian northwest took on
additional bullish color Some of them
We're sensational in tenor. Snow in
Saskatchewan and western Manitoba
was reported and temperatures gem
orally We're at dangerously low marks.
Premier Robin estimated that the crop
of northwestern Canada would be be-
tween 65,000,000 and 70,000000 bushels,
and that unless the weather took a
quick turn for the better conditions
would be, much worse. Rains were said
to be injuring the quality of the grain
in North Dakota. Receipts at Duluth |
and Minneapolis We're 526 cars against
7S2 cars the similar day in 1906. Win |
nipeg received only SO cars, against I
3S4 cars last year Minneapolis wired |
that the run of spring wheat probably
would begin to show larger this week.
cable from Buenos Ayres was to
the effect that there would be an in
crease of 5 per cent in the Argentine
yield over last year, whose crop was
estimated at 155, 100000 bu.,
the exportable surplus being about
l00.000.000 blu. The visible supply
statement showed a decrease of L.
SAT 900 bu., against an Increase of L,
$4,000 bu the similar time in 1906 I
Local receipts were 246 cars, against
s6 a year ago. the estimate for tomor-
cow. including todays inspection on all
loads. being 36S cars Of the total
worlds shipments last week, Ameri-
"a contributed 4.1s4,O00 Blu. Russian
shipments We're 1,416,00O bu. smaller
than those of the week before.