The Birmingham age-herald., 1908-11-14
WHEAT MARKET IS
 FIRM AND HIGHER
Selling Is on Liberal Scale But
 Prices Advance
BULL SUPPORT IS GOOD
Corn Is Slightly Weak at the Outset, But at the Close Prices Are Higher Oats Are Steady and Pro-
 visions Easy.

Chicago November 13.-Despite news of generally bearish character the local wheat market closed firm today with prices 1s to S@14c higher than the pre- vious close. Corn was strong; oats steady and provisions easy.
 Trade in the what pit was void of any great activity and the session was characterized by considerable nervous ness. The majority of pit traders seemed to favor the selling side of the market but the first signs of a material sup port from bull leaders caused nasty cov- ering by those who had sold short News of the day was chiefly of a bear ish nature The Liverpool market was rather weak. Receipts in the northwest were liberal. Weather in Argentina was most favorable to the growing crop and export business showed a decided fall ing off. Duluth reported that export business was practically at a standstill and that sales today comprised only eight boat loads of Manitoba wheat. Until late in the session no business was reported as having been transacted at the sea- board but shortly before the end of the day 1t was claimed AS boat loads has. been worked" In regard to the Argen- tine situation reports received today stated rains were general and that grow ing wheat would be greatly benefited. Demand for cash wheat was extremely light and prices at the sample tables were about steady. After covering a range of 9sdla4c prices at the close were a trifle above final figures of the previous session with December at S1.03A and May $1.071a. Clearances of wheat and flour were equal to 600,0OO bushels. Exports for the week as shown by Bradstreets were equal to 5,03O,0O0 bushels. Primary receipts were S1,200 bushels compared with 6lI,- GOO the corresponding week year ago. Minneapolis, Duluth and Chicago reported receipts of TSP cars against 5S9 last week and AT a year ago.
 Following slight weakness at the start the corn market was strong the remainder of the day and at the close prices were 14ll5sc above the previous close. The great est strength was manifested in the De- cember option which was in urgent de- mand by shorts and bull leaders The principal reaosn for the strength was the
  excellent weather for the movement. The market was also bullishly affected by re- ports from Illinois claiming poor returns from huskings. Final quotations of Decem- Der and May were similar at 62a4c. Local receipts, 123 cars, three contract grade.
 Oats were firm early in the session but became weaker later in the day as result of selling by leading elevator in- terests. A decline of 1c in feed barley and of 1sc in cash oats was responsible for much of the selling. The market closed easy with prices unchanged to 1hc lower with December at 49d49lsc and May at 51Q5l1sc. Local receipts, 1SS cars.
 Provisions were weak all day owing to selling brought out by 5@l0c decline in live hogs. Receipts of live hogs were again extremely liberal. Total arrivals today at western points were 7S,4o0 against Al, 300 a year ago.
 Estimated receipts for tomorrow: Wheat, 40 cars; corn, 155 oats, 199; hogs, 1900 head
 FA1