The Birmingham age-herald., 1908-11-28
WHEAT CONTINUES
 FIRM WITH GAINS Market Is Weak At the Start
 But Advances VOLUME OF TRADE SMALL Increased Offerings In Corn Bring About Weakness and Closing Prices
 Are Lower-oats and Pro-
 visions Also Weak.
VOLUME OF TRADE SMALL

Chicago, November 27.-Likelhood that receipts of wheat in the northwest will show a decided falling off in the near fu- ture imparted strength to the local wheat market today, closing quotations being up Ac to AQssc, compared with Wednesdays final figures. Corn, oats and provisions closed easier.
 The wheat market opened rather weak on selling brought by a moderate decline at Liverpool, prices at the start being shade to AQasc lower than Wednesdays close. Within the first 15 minutes, how ever, tone developed and prices advanced more than 1kc above opening quotations. The volume of trade during the greater part of the day was small. An additional advance was recorded in the last half of the session, but all the gain was mot maintained, although the close was strong with December at $1 03% and May at $1 .08@6p1 .0SA News from the northwest furnished the principal reasons for the firmer tone, although the report of a St. Louis trade journal, which claimed the condition of the fall sown wheat smaller, had some effect Reports from Minneapo- lis claimed that receipts of wheat at coun- try stations in the interior showed a marked falling off, and that arrivals at Minneapolis and Duluth would soon reflect this decreased movement. Fresh news regarding the Argentine crop was meager but one dispatch stated that the weather conditions were favorable for harvesting. Demand for cash wheat here was tame and a poor demand was also reported in the southwest. New York reported new export business aggregating 75 boatloads but large part of this was said to have been bought to hold in vessels on cheap ri,,fa st, of Diff lie Duluth and Chicago reported receipts of 1884 cars, against 800 last week and 1546 year ago.
 Increased offerings of corn from Illinois and Iowa caused weakness in the corn market, but the volume of trade was small. The market was also bearishy affected by decline of 1a@s4c in the price of cash grain, due largely to a slack de- mand by importers and eastern shippers. There was considerable selling on the De- cember delivery by local holders, which resulted in wiping out it's premium over the May option. The market closed weak with prices 1s@Ac lower. December closed at 62%c and May at 625s@62ac. Local receipts, 193 cars, four cars contract grade
 Oats were dull and steady at . slight decline compared with the previous close. Prices throughout the day fuctu- ated over range of Bd9sc. At the sam pie table prices were steady to Ac lower. The close was steady, with prices 1s@ssc below the previous close; final quotations on December being at 4Ss4c, and on May at 507sc Local receipts, 102 cars
 Provisions displayed moderate weakness on selling by local and western packers based on continued liberal receipts of hogs at all packing centers. The weakness of corn had some effect. Prices at the close were unchanged to 221ac lower
 The custom of giving estimated receipts for tomorrow has been discontinued
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