Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-09-15
THE GRAIN MARKETS.

CHICAGO, September 14.-Cold weather
| In the Canadian northwest caused strength
today in the local wheat market, the De-
cember delivery closing at net gain of
LAS. Corn was down rs. Oats were off
! Il. Provisions were 10 to 20 cents lower.
Wheat today recovered much of yester-
days loss on buying brought out by the
low temperatures prevailing over the wheat
fields of western Canada. The weather bu-
| reau forecasted frost tonight for that sec
| ton of the country, and this tended to slim
ulate the buying of wheat here. Report 8
from New York, which claimed that an
! active export business was being transacted
at the seaboard were additional strengthen
ing influences. The sharp break in corn
caused considerable profit-taking at times.
but prices held firm the greater part of
the day.
The market closed firm. December opene d
y to y higher at 9sA to 9S9s, sold to 97a4,
and then advanced to 9S7say9. The close
was at 9S2sa9S1s. Clearances OF wheat and
flour were equal to $4,000 bushels; primary
receipts were $4,000 bushels, compared
with 1.0s9,OOO bushels the corresponding
day year ago Minneapolis, Duluth and
Chicago reported receipts Of AT cars,
against 3G6 cars last week and TAI cars
year ago.
The corn market was extremely weak the
entire session because of liberal realizing
weather for the new crop. The market
was also bearishly affected by an antici-
pated material increase in local receipts.
The heavy selling caused break of more
than &c in the price of the December op-
ton. In the last five minutes of trade the
market reganed about lie. of this loss on
covering by large short. The close was
weak, December opened unchanged to v
lower, at 50 to 5S12 sold off to COS, and
closed at 5I1s. Local receipts were 400
cars, with 173 of contract grade.
Trade in oats was quiet and the market
was inclined to be weak, owing to the
slump in corn. The smallneSs of trade was
due to the reluctance Of many traders to
either buy or Sell because of the light
stocks, and of the susceptibility of the
market to manipulation on account of the
big holdings in the hands of few leading
traders. The market closed easy. Deem
Der opened unchanged. at 52h. sold be-
tween SIS and 623sa02A, and closed at 81.
Local receipts were 259 cars.
Provisions were dull and weak, the bear
ish feeling being due to the break in corn
prices. At the close January pork was of
20c. at 1915 Lard was down 1Oa121sc, at
S G2I1aS65. Ribs were 10c lower at 500.
Estimated receipts for Monday: Wheat.
pa cars: corn, 1856 cars; oats, $50 cars;
hogs $4,000 head.
ST. LOUIS, September A:-Close: Wheat
No 2 red cash, 92a92k; No. 2 hard, GA
-9sla; May, 1.O2. Corn-No. cash. 611sa62;
September, 59A; May. 65A; No. 2 white.
May, CO.'S; No. white, 81.
MILWAUKEE,, Wis, September A.
Wheat firm No. l northern, LOCAL 90; No.
2 northern, 1o4a1. O6; December 9Sasa9s14
bid. Rye-No. 1, 9O1za91. Barley-No. 2.
9311 sample, 73a93. Corn-Lower; No.
cash, 62lzt631; December, 571a bid.
DULUTH, Mimi, September 14-Close:
Wheat-No. l hard, 11O&; No. northern,
1.O924; No. northern, 1O7z; September,
1O7&.; December, LOSS; May, 1.10A.
Close: Wheat-September. 1O4; Deem
Der, 1.04M; May, LOSE No. l hard, old,
1OSA; No l hard new. 1.07A; No. l north.
ern, old, 1O7A; No. l northern, new, 1.O6A,
No. northern. old, 1.O4A; No. northern,
new, 1O3Aa1.04&; No. 8 northern, 1.O1a1.O4.