The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-10-12
HOME TRADE BRISK
In Both Wheat and Flour--Corn Mar.
ket Stubborn-Nothing Sienifi.
cant In Oats Trade.

|
Chicago, Oct. -WHEAT-The
desire to secure profits was apparently
uppermost in the minds Of many hold.
ers OF wheat early, and until noon the
market was lower but was not off as
much as might have been expected IN
| view OF the volume Of realizing. A
break, after an advance like this, is
| simply speculative incident and has
the real situation is concerned. An
the re alsituation is concerned. An
attempt to cover around noon caused
a quick 1c advance which showed Just
how we'll offerings had been taken.
Realizing was a feature also abroad
excepting at Antwerp and Paris.
While Liverpool futures were off 81
&c Id, understood to be on rumor
o fthe breaking of the drought In In
dia, the spot market was Id. to I'd.
higher, with country markets Sd. to
Cd. up, The break facilitated cash
business and prices relative to the
December made new high records. No.
2 red in store sold at two cents un-
der with rumors OF a lot at | " under
Eight cents over our December was
bid for 2 hard fob. the gulf with So
asked. Duluth reported good export
sales and the seaboard made the total
100 loads. The domestic trade. in
both wheat and flour, is brisk. Sales
of spring wheat to Buffalo and neigh
hnttinU mi 81
coed in volume any period on the
crop. Minneapolis is understood to
have done a very large flour trade.
The news from the Pacific coast. both
California and Oregon is coming
strong. Heretofore these points have
been entirely overlooked. The situa.
tion seems strong the world over.
We are firm believers in higher prices. I
Selling for profits does not constitute
a Dearish feature Local receipts
were 141 cars with G5 expected to- !
morrow. Northwestern cars q little
over last year at $50 cars. Primary
receipts 100000, or 100000 short OF
4 year ago, clearances 100000 bushels (
and 5R million for the week. The
Argentine. shipments were 1000.
CORN--Realizing was the feature
early with the stump in wheat de-
pressing factor, but the market was
stubborn, Offerings were readily
mapped Up and the loss regained. No
'eason appears for the selling. Re
,cirts are moderate, stocks light AMI
nc domestic demand continues good
While the export business is picking
~ smartly. Europe with the short
'rop in the Danube country. Is in A
position to require American supplies
md will be in the market from day to
lay In more important way. Liver.
)ool closed from "a lower to "a high.
r. Local receipts were 403, cars with
'2S expected tomorrow. Primary re.
'eipts $4,000 against 444.900 a year
go. Clearances, $4,000 for the week
$4,000 Argentine shipments, IN
Million
OATS-There was nothing partlcu.
arly significant In the oats trade.
'rices following in a moderate way.
he fluctuations in other pits. There
no weak feature in the situation
nd higher prices will be realized
alter on. Local receipts were 1871
ars with PA expected tomorrow. Pri-
nary receipts G15,00O or over 100000
hort of a year ago
PROVISl0NS-Provisions were at
ected somewhat by the weakness
n grains and averaged lower A
western packer. after buying in a
ioderate way early, sold the Janu.
ry list rather freely. Around inside
rices large packers absorbed most
+ the offerings or lard. There was
fairly good general trade with the
mount Of business for the outside on
he increase. Cash trade continues
xcellent. 10000 hogs expected to.
morrow.