Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-09-08
FINANCE AND TRADE IN
MARKETS OF THE WORLD


CHICAGO, September 7.-Official predic-
lions of frost In the Canadian northwest
was the chief stimulant in the wheat mar
ket today. At the close December wheat
was ssaA higher. Corn was up Mas. Oats
were % lower. Provisions were unchanged
to 21s higher
A steady feeling pre- vailed at the opening
of the wheat market. The market at Liver
pool failed to reflect the full advance made
on the local board yesterday. but offerings
here We're few and the demand good. Amer
lean seaboard advices were TO the effect
that foreign acceptances were light. while
Montreal declared that everything offered
there had been snapped up. The market
strengthened rapidly on the prediction of
frost in the northwest and prices ruled
firm throughout the remainder of the day.
Trade was not heavy and many operators
seemed disposed to await events before ex-
tending operations. December wheat opened
unchanged to Is cent higher at 1OO12 to
1.0Oa., sold between 1.OO14 and 1Ol7s and
closed a lO1ha1.O1A.
Clearances of wheat and -four We're equal
TO $4,000 bushels. Primary receipts were
6o3.ooo bushels, against 10000 bushels the
same day last year. Minneapolis, Duluth
and Chicago reported receipts of 3d. cars,
against 329 cars last week and 525 cars
one year ago
The strength of wheat and unfavorable
crop reports from Iowa, Nebraska ana
Kansas made a strong corn market through
out the day. The demand for cash corn
was good and the offerings were light. Late
Dulllsh influences affecting the market We're
the predictions of frost in Canada and the
Iowa state crop report, which estimates the
crop this year at y, 5000 bushels, against
SsUO,OOO bushels last year. December corn
opened Aa$s cents higher at 6l1s cents. sold
between tnat and 6lA cents and closed
strong at 611aa611s cents. Local receipts
3
grade.
The oats market was very quiet. and al
though prices touched the high mark of
yesterday. which was the top notch for the
year, the trade was in small volume The
principal selling was by local longs De-
cember oats opened unchanged at J4ss cents,
sold between "a and 547s cents and closed
AT d cents Local receipts were 3IJ cars.
The provisions market was extremely dull
and prices were shade firmer The cash
trade especially in lard. was somewhat
better OF late. At the close January pork
was unchanged at 1896. Lard was 21ac
higher at S.s71a. Ribs were unchanged to
212c higher at S.221taS.20.
Estimated receipts for tomorrow are
Wheat. 2s2 cars: corn. 572 cars; oats, 419
cars: hogs. $1,000 head.
DULUTH. September 7.-Wheat-No. 1
hard. l.10ll: No 2 northern. 1.O9A; No 9
northern. 1O7A; September, 10SA; Deem
Der, LOTS; May. 1.11A.
MILWAUKEE. Wis. September T.
Wheat-No. l northern. 1.07al 90; No. 2
northern, l;Oia1.o7. Rye-No. 1. 80. Barley
No. ., 9212; sample, 74a9O. Corn-No, 3,
cash, 64a6o12; December 61n.
MINNEAPOLIS, September 7.-wheat-
September 1.041a; December. 1.O6A: May,
1.l0l2: No. l hard. old. 1.O9A; No. l hard,
new. 1,osA; No. l northern. old. 1854 No
l northern, new, 1.07A No. northern, old,
l-oot4a 0oai No. northern. new, 1.O4Aa
loJ]4; No northern. 1.01Aa1.05A.
ST. LOUIS. September 7.-Wheat-No. 2
red. cash. 9ia95: No. 2 hard. 95a99; Deem
Der, U.S. May. 1.O43s. Corn-No. 2 cash.
Gig; December. 56s4: May. 59A: No 2
white, 61la. Oats-No. 2 cash. 49l4: Deem
Der. N9s; May. 512. No. white, 80.