The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-08-03
WHEAT IS F|RMER
On Unfavorable News From Abroad
and at Home-Other Grains Con-
tnue Strong and Active.

Cairo, ILL.,, Aug. 2.-WHEAT--The
news and the sympathetic influences
were bullish today and the market
closed somewhat firmer. AT the Of 4
set cables came firm both from Eng
land and the continent and Argentine
shipments were very light at $4,000
The weather map this morning show
ed temperatures during the night dan.
gerously close TO the freezing point in
parts of the northwest, but the fore
cast Is for warmer weather. Rust re
ports from South Dakota were quite
frequent and there was more or less
rain in the southwest Acceptances
Of last nights bids swere light. The
Modern Miller states that farmers are
more disposed to hold than to sell and
some of the late threshing returns arc
rather disappointing. 1t will probably
prove Improbable to get enthusiast
ically bearish on the breaks. On such
occasions it might be well to take
on a little wheat; Local receipts
were III cars with 1879 expected to-.
morrow. Northwestern cars 2l5I
against 173 last year. Primary re-
ceipts 9GS, 900 or 100000 less than
year ago. Clearances 31S 000
CORN-This market is gaining
friends and strength every day; par
ticularly the late deliveries. Foreign
advices were rather bullish. Liverpool
came V higher on a good demand
and Argentine shipments were less
than 100000 as against 100000 "A
year ago Local receipts were light
and the cash market was from x to a
cent higher with fair demand Crop
advices are not very encouraging. The /
crop is late ami is subject to damage |
should an early frost occur. The cold |
weather shown on this mornings |
map naturally created a little appre |
hension. There are a good many req
sons why prodr etion should not be on
a liberal scale this year with the
short oats crop we believe purchases |
on the breaks will make money. Lo-
cal receipts ISL cars with 1G7 expect |
ed tomorrow. Primary receipts about
HE same as last year At $4,000
Clearanccs liberal al 100000.
OATS-The buying of this cereal |
continued of excellent character and |
offerings are steadily absorbed. Local |
operators played for a break early |
but bought back their oats towards |
he close. Crop. advices continue of |
4 very unsatisfactory nature. and the |
feature of the news was discouraging |
reports from Nebraska. as heretofore |
that state was counted upon for a
good yield. Threshing returns i'm this
state showed no Improvement, and |
our Peoria house reports very light
purchases in the country The cash
market was irregular varying to Y
cent a brsheI higher. We firmly be
ieve in higher prices for oats this
season. and would advise purchases II
he May delivery on any set back.
local receipts 60 cars with u expect
ri tomorrow. primary receipts sG2.
100. Shipments 81 ,ono
PROVISIONS support from large
packers riven to lard aud RIBS early
d ge-her with strength to grain gave
provisions fsiT uplurn and STEADY
dosing. After moderate selling for
ong account tho doubt influenced by
learish statistics as to stock Of pro
duct and hogsl offerings became
small Cash trade fairly good with
be large distributors. l200o hogs *
soeied q mniIoe