Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-08-09

CHICAGO, August S.-Liberal realizing
sales caused weakness in the local whea
market, the September delivery closing at
a net loss Of rs. Corn was up Nc. Oats
were q shade higher. Provisions were a
shade to &c lower.
The wheat market opened firm, chiefly
as a result Of the bullish showing of the
government crop report made public yes
terday. Sentiment in the pit. however.
soon became decidedly bearish and the
market was subjected to heavy selling
to sharp decline at Minneapolis incident
to the circulation Of runnor to the effect
that a prominent milling concern in that
city was in financial trouble.
mainder Of the day, rallying several times
on covering by shorts, but declining again
each time because of renewed protit-tak-
ing. A report Of private crop expert
which claimed that the spring wheat crop
of Minnesota and the Dakotas had deter
iorated from to 10 per cent since August
1. when the government report was COM
piled. was the chief bullish factor.
The market closed weak. September
opened u lower to a shade higher at 95ha
95s to 95&. sold at 95Is and then de-
clined to 941z. The close was at 9414a949s.
Clearances of wheat and flour were equal
to 1S4, 900 bushels. Primary receipts were
745, 900 bushels. Minneapolis Duluth and
CnlCdSO reported TeCelptS OF ~ cars,
against 1913 cars last week and 444 cars a
year ago.
The corn market was strong almost all
day. The lack OF rain in the eastern Sec
tion Of the corn belt contributed most
largely to the bullish sentiment Pricse re-
acted a little early in the session owing to
the slump in wheat, but soon rallied again.
The market closed strong, with prices
near the high point of the day. September
opened Il higher at 75A and then ad-
Tlo -I@c
Local receipts were Ill cars, with IA OF
contract grade.
Oats advanced sharply in the early trad
ing on the bullish government crop report,
but weakened before the end of the first
hour on heavy selling by leading ele-
vator interest Shorts were eager bidders
on the decline, which soon caused another
rally, but liberal offerings from the ele-
vator concern previously referred to had a
tendency to check advancing prices. The
close was firm. September opened u to 1c
higher at 4Sa to 40. sold off to 47Z and
closed at 4Sa4S1s Local receipts were 235
cars.
Provisions were inclined to be weak all
day because of sc to 1Oc decline In live
hogs Trade was Of light volume. At
the close September pork was off &c at
1J.41k
Lard was o1zc lower at go. Ribs were
a shade lower at S.s7l1aS.9O.
Estimated receipts for Monday:
cara; hogs, $1,000 head.
ST. LOUIS. August S.-Wheat: No. 2
red. cash. 95& a971z: No. hard, 95a99;
SepteI ger. 94ss; December. 969s.
Corn-No. 2. cash, 70: No. white, 70;
September, 7jH; December. 61%.
Oats-No. 2, cash, fS11a 4911: No. 2 white,
51a51a September, An; May. 49%.
MINNEAPOLIS. Mimi. August s.
Close: Wheat-septenber: 1.o2Aa1.oeM +:
December. 1.OO3s: No. 1 hard. 1.25a1.27:
No. northern, 1.23; No. 2 northern, LILA
%; No. 3 northern, 1.13a1.15.
Flour-First patents, 615a6.25; second
patents, 6.OOa6.15: first clears. 4.35a4.45:
second clears, 3.bOa36O. Bran in bulk.
1870.
MILWAUKEE, Wis. August S.-Wheat
No. 1 northern, 1.2Oa1 %; No. 2 northern,
1.1Sa1.2O: Setember. 94ss bid.
~Rye-No 1, 7Sa7Sk.
Barley-No. 2. 70; sample. 50a61.
Corn-No. 3, cash, 79aSO; September, 761a
asked.
DULUTH. Mimi, August S.-Wheat
No. hard. 1.19; No. l northern, 1.1S; No.
northern, LA: September. LOB; Decem-
Der, 100.