Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-10-11
FINANCE AND TRADE IN
MARKETS OF THE WORLD


/ CHICAGO. October 1O.-The wheat
market presented a strong front today
! owing to talk to the effect that the acre
age in the southwest sown to wheat this
season would probably be greatly reduced
because of insufficient moisture. At the
! close prices were I1a9sc to &c above the
previous close. Corn and oats were also
! firm. but provisions were weak. with the
exception of October pork, which closed
at an advance of $1.35aS1. 311e per barrel
Dry weather talk apparently supplante ed
the war scare" as market factor In
| the wheat pit today. and brought out an
active general demand, which resulted in
q strong market the greater part of the
day. The market opened easy with prices
1saA to 12c lower. owing to an advance in
the price of British consols and to a
moderate decline in the price of wheat at
/ LIVERPOOL. Before the end of the first
| half hour the market had recovered on
buying by some of the leading traders,
WHO. 1t was said, were alarmed by the
wheat section.
AS trading progressed prices made ad-
ditional advances. until December touched
101A and May 1O49s. an advance of more
| lent demand for flour in the northwest
was an important factor in sustaining
prices at the higher level. The market
closed strong and near the best marks
for the day. Clearances of wheat and
-four were equal to $4,000 bushels. Prim-
airy receipts were 100000 bushels. COM
pared with Oh 600 bushels the correspond
ing day year ago. Minneapolis. Duluth
and Chicago reported receipts of 1857
cars against 1.441 cars a week ago and
636 cars last year.
The corn market was generally dull.
but firm tone prevailed owing to the
strength of wheat. which offset the favor
able weather conditions for the maturing
/ nf f1n ~
firm at about the best price of the day.
Local receipts were 1853 cars with twenty
eight of contract grade.
Extreme dizziness prevailed in the oats
with wheat and corn. Buying of 100000
bushels of the December delivery by a
cash concern wa&a feature of trade. At
the. close prices here NC lower to ,saAc
higher. Local receipts were 21S cars. a
| An advance Of 81 90 per barrel In the
price Of October pork. which occurred
within the last minute or two of trading,
was the feature of an otherwise bull mar
ket in provisions. Brokers, thought to be
acting for leading local packer, bid up
| the price from 1885 to 1925 but no bust
ness attended the sensational advance.
The market In general was weak, owing
to miscellaneous liquidation. October
pork closed at 1929 the high point of
the day The close In general was of
1874 to 371ac.
Estimated receipts for Monday: Wheat.
% cars: corn. 100 cars; oats, pa cars;
hogs. 10000 head.
CINCINNATI, Ohio. October 1O.-Hogs,
active and strong; butchers and shippers,
6.45aS.5O; common. 4.O0a4.65.
! Cattle easy and quiet; fair to good ship
pers. 4.25a510: common. 2.OOa2.5O.
Sheep steady, 1.25a3.75. Lambs steady.
4OOa5.B5.
ST. LOUIS. October 1O.-Wheat-No. 2
cash, Local .O51k; No. hard. 991ka1 .O2A /;
December. 1.O1h; May, 1.O4s4.
Corn-No. 2 cash. 751ka76; No 2 white,
TIA 1914; December, 62ha62A; May. 6Sh.
Oats-No. 2 cash. ASH; No, 2 white,
52211sa54h; December, ASH; May. 50b.
MINNEAPOLIS, Mimi. October TO-
Close: Wheat-December, 1.O27s May,
l.O7; No. l hard. 1O5ss; No. l northern,
1.04ss: No 2 northern. 1.O2ssa1. OSh: No. s
northern 1.O21s.
Flour steady. First clears, 4.45a455;
second clears. 3.5Oa3.6
Bran in bulk, II .5Oa1S.OO.
MILWAUKEE,, October 10.-Wheat-No.
1 northern, 1O7ha1 .CS1z; No. northern.
l. O51sa .O61s; December, 1.Oln.
Rye-No. 1, Is.
Barley-No. 3. extra. GOATS: No. 8. 561za
591a; No. 4, 551aa ass; samples. 55ha64.
Corn-December, 65 bid.
DULUTH. Mimi, October 10.-Wheat-
No l hard. l.647s; No. 1 northern. 1049s;
No. 2snorthern. 1.O2as: December, 1.O2h;
May, 1.86%; October, 1.O4; November.
l.04la.