Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-29
THE GRAIN MARKETS.

CHICAGO. November 2S.-Decreased re-
ceipts offset the favorable weather condi-
tons for the fall-sown crop Of wheat and
caused a firm tone in the local wheat
market nearly all day. The close, how
ever. was easy with prices almost IN
changed from the previous close. Corn
and oats closed easy, but provisions were
steady.
The wheat market opened firm with
prices a shade to Aassc higher. There
was good demand in evidence by COM
mission houses. but offerings during the
first part of the day were meager. which
resulted In a further slight advance In all
deliveries. The demand was based main
~ on decided falling off in the move
ment especially in the northwest. Re-
ceipts today at Minneapolis and Duluth
the corresponding day last week. st.
Louis and Kansas City also reported a
decreased movement, arrivals today at
the two points being 1850 bushels,
against $4,000 bushels last week.
News received today regarding the Ar
gentine crop was of a contradictory char
acter and seemed to have little effect on
the local market. Weather conditions in
this country had a bearish influence late
in the session. Rains were reported in
the southwest. and the official prediction
was for more rain tonight and tomor-
row in many sections of the winter wheat
belt. Offerings were more liberal during
the final fifteen minutes and prices de-
clined about half q cent from the high
point of the day.
The close was easy with prices a shade
higher to a shade lower. final quotations
on December being at 1O35sa103A and on
May at 1OShs. Clearances of wheat and
-four were equal to $4,000 bushels.
Primary receipts were 1,O49OOO bushels
compared with 1,2430OO bushels the cor
responding day year ago.
Minnea polls, Duluth and Chicago re-
ported receipts of ia cars. against 73l
cars last week and 715 cars a year ago.
Corn was weak all day owing to selling
by cash interests. The principal reason
for the weakness was the steady in
crease in receipts and continued slack
demand for the cash grain by shippers
and exporters. Trade was inclined to
drag during the greater part of the ses-
sion The market closed weak at the
lowest point, with prices "a to asa1a lower.
Final quotations on December were at
6214 a62as, and on May at 621a. Local re-
ceipts were ii cars, with 10 of contract
grade.
Oats We're firm early in the session be-
cause of a brisk demand by cash houses
but considerable weakness developed late
in the day as a result of profit taking by
holders OF the December delivery. De-
mand for cash oats was dull and prices
at the sample tables We're steady. The
market closed weak at the lowest price
with prices 3sa4 lower than the previ-
Gus close. December closed at 49,. and
May at oOs4. Local receipts were 81
cars
Provisions were firm early i'm the day
owing to covering by shorts, who We're
alarmed by the smallness of receipts of
live hogs Total arrivals We're only 5000
head. An easier tone developed during
the last half of the session result
of selling by local packers. The close
was barely steady. with prices 21ac lower
70 2l1a5c higher.
The wheat market weakened in the
final fifteen minutes, December declining
to 1.03ss on profit-taking. The market
closed easy. with December a shade
lower at 1.03Ssa1.O3'i.
A weak corn tone prevailed the greater
part of the day. The lowest point for
December was 62A a62as.
/ The close was weak at the bottom De-
cember being off ssal2c at 62l4a62ss.
Wheat-December, 1.035sa1 .O3s4 MAY,
LOSS; July. 1.01asa1 OS1a.
Corn-November GA a62ss: December.
62s4 a62as; May, 6212; July, e.; September,
Oats-December 4sla; May, 5os.; July,
46A.
Pork-December: 144o; January. 1sooa
16.021s; May, 1925.
Lard-NOvember, go; December III.
January 922l2; May $40
MILWAUKEE. Wis, November os-
Wheat-No. ! Northern. l.O7a1 or; No.
VI tACih, 1.V'di.oo, May, l.UStS DID.
Rye-No. /, TIA
Corn-May, 611a bid.
Barley-Standard. 63l&; samples, 561aa
6S1a No ,. o7a6o; No. 4. o61a.
DULUTH, Mimi, November 2s.-Wheat
No. 1 hard. 100: No. northern, los;
No. northern. 1.O6: December, Los; May,
LOSS; November. 1.0oL.
CINCINNATI November 2s-Hogs,
quiet: butchers and shippers, 57Oa5.75:
common. 32oa4.25.
Cattle, steady to strong; fair to good
shippers. 4.5oa5.7o; common, 225a275.
Sheep steady, LOCALES. Lambs. steady.
3.5Oa565.
MINNEAPOLIS. Mimi. November 2S.-
Close: Wheat-December 1045s; May.
1.O9A al .O9as; cash. No. l hard. 1.OS5sa
LOSS; No. l northern, 1.O79s OTIS; No. ,
northern, 1.055s al .05's; No. 5 northern.
l .035s "a .06ls.
Flour-First patents. 5.40a5.65: second
patents, 5.25aJ..0: first clears, 4.OOa4.3U;
second clears, 3OOaS.3O