The sun., 1908-12-13
THE GRAIN MARKETs.
Prices Decline. Then 1aliy-DeaFish
F0Feign AdNces-sSme Buy fer q
TuRn-RhOFta Cover.

TuFn-shoFts Cover.
Wheat closed firmer on LIQUIDATION on the
short side and commission house buying for
long account The technical position has
been improved by the Wholesale liquidation
OF late and people we're less afraid to touch
the long side. though few IN the trade look
for any extended advance at this time In
view of the favorable foreign crop report.
unless there IL a decided increase in the
export demand. "
Early In the day prices broke into new
low levels owing to weak cables, bearlsh
Argentine. French. Indian and Australian
crop advces and more cheerful reports
from some parts Of the American winter
wheat belt.
Bears again took the aggressive for q
time. uncoverins further stop loss orders.
Some Of the selling was attributed TO PatteD.
who. however. says that his line Is still
Bartlett. shearson. Logan. Barreil. Llch-
But later on. ss already intimated. the
prices sar, easily rallied Paitsn broEsrs bough. i
was reported and this had q bracins eiIeet.
sbinmol 81 Louls rsporssd saIes Of ES red for
On the r Ise there was considerable liaui-
dation by those who bought for quick turn.
iasvins no faith - the ,psrmansnoy Of az
the only thing that can put prices up and
Keep them up Is a crop disaster In this
Brootnhali cabled that harvesting ta
general In Areentina eI Icept 10 the south.
pest Sq and Sp Paris paftIy NV r. S Tie s AMOUNT n
asssss'ss sers sssfsS Sas ss
bus bush. AGAINST s.t19 900 last week and s.tsa,-
The pi;cs Current said: In the western
portion Of Tire central. region there is sp-
parently ample moisture: In eastern sections
there has been enough .Tolsture TO greer,
snoM III q rssss es
appear 10 be considerably i@proved;;' @ %s''
,ons The naS1 KSp;ss "a STATE report said Indes
to the fact tist sowing vas stiI in s prosrsss os
n a:. a g.. s t.sSs Ts e Sss s
said to reliably represent he.s,tustton. 4
month ago oorrespondents estimated The
g growing Ua condition 9f The winter shess At
since have made possible very material
improvement. $50; ~ VIZ.
THE CORN SITUATION. ~.
Corn fuctuated with wheat. declining
ear. early and ralyina later: Belated lonfs sold.
and when shorts wanted TO cover prices
easily rallied. The receipts were larger.
Uut on tHe otneT ,Hhnu tnG ceBn QemunQ was
more active. Armour cold December and
bought May. Patten sold. ., .-I ~
passage increased SO. 900 bush The worlds
shipments were, 2,7o2, 500, bush, against
= 4.o82 500 last week aud 5000 200 last year.
THE OATS FEATURES. 80.
Oats were easier earlys and frmer later
Cash interests sold, but shorts were dis
posed to cover. as the receipts continued
light. The country sells on the bulges
blt ceases whenever the market weakens
Armour. Patten and Updike sold.> Ware a
Leland and Buckley bought.
=. THE SPOT MARKBTs. u
Wheat was more active. Sales 200, 900
bush, mainly for export. No. rcd, OF. .os,I
I. o. b. afoat for export: No. ! Northern,
Duluth. star: No. Z hard winter, Si,tl.
Futures closed 1Se; lower 70 Xc. higher.
!. J. Corn vas dull; No sales. No. 2 spot.
lures closed unchanged to 40. hieher.
Oats were dull on tho spot. No aales. \
Natural. white. % 70 % pounds. se@57o.:
mixed, 20 to 50 pounds, 5sB5sbc.
c. l. 4. Buffalo: s1Ho. o. 1. Z. New York and
ssc, {. o. b. New York. Barley was quiet.
esSe7c. C. l. {. Buffalp. Futures
were as follows: "