New-York tribune., 1908-08-29
CHICAGO GRAIN AND PROVISIONS.

,-hicapo Aug 2S-The local wheat market was
+-enorbened to-day by an unexpected advance at
+ye-nool and closed firm, with prices 1sc TO lsc
shnve Yesterdays final figures Corn ana Pro-
visions closed firm, but oats were easy
The feature OF the trading in the wheat pt was
an Urgent demand for the September delivery by
rno-ts and cash interests. The limited amount o.
trading in that option caused IL 10 sell al one
time on q par with the December optiol' ata a.
The close the premium on the latter nloNlA Wa
only 5sC 10 14c. The market opened strohs oA u
general demand by commission houses ln4lal Quu
a1atjons showing gains Of Sc to 1ze TO @ac 10 &c
'The strength The start was due largely 70 az
s5z-zrce of I'd e; Liverpool which. II Was SAID
was the result OF the small amount OF shlpnlenVs
OF wheat last week from Argentina, me toL1i ,
movement from that country belng SO-'H ousLeIs'
rnn1pared with 900 bushels The previous "teh
Tyheral rpceip1s IN The Northwest and WeaIht!
conditions in The spring wheat country WhlCh Ntc
generally favorable for the harvesting and move
Jnent Of tle new crop were seemingly lsnV1eu,
The market lost some OF lis hulllshness ISleE "a
the DAY owing to selling based, II was clail0o'
on q decline in the price OF c1s5 ~fleat a a -1I
spolis and Duluth The greatest selling pfessu-I
was on the December and May deliveries. ''s
,nqrter for cash wheat was steady on Ia1r de-
rnand Expnr1 business quiet, but IL was r.
ported that a little hard winter wheat mao "eeH
sold for export. and Duluth and Ioleoo ,-e also r.
rnrred moderate sales. Firnlness OF cash markets
n the Southwest had Strengthening iIlIlue-Ice c
11e local market in the last part OF the session.
The close was fiI' @ 1jsafaeeS ,a u nortr for
ib4 week as shown by FTa6stTeets, e, were @ equai IA
70 4525oca bushels Primary rece'pts "ste o so,,o
bushels compared with 6lo,Vp puSnels nv -. - !
rnondfnr day a year ago. Minneapolis, Dulutn an9 c
Cbicgro reported receipts Of 52f cars, against 81
rs-s last week and 2s1 year age. .
corn was firm ali day despite hquldanoh ps
IocaI longs Considerable congestion WAS mani mani
tested in the September delivery ano lhaL i
showed the greatest gains. The continued sIliaII
movement and an advance OF &c ia me prlee 90, %
the cash grain contributed 10 the suel6en "a M
nearby delivery. Some damage reports Hon l
,,ois were received to-day. The close was hIIH a.
a net gain Of 7sc 10 52c. Local seeet'A "4' ~
,-are .rlfh y of contract grade.
oats for May delivery touched new ndsh H1th II 4
Cor the crop when sales were made at bs7oc ne
ION nrire was recorded on initial 1ransaOuoIS'
C1ser options opened at gains of &c 70 &c 10 so
;, = There pyas Q hrisk demand by conIhlssluh
houses during the first few minutes oet p''e ~
fng was apparently soon exhausted ana an -
,nra dareIo0ed Cash oats, which were 4ac hlghTF
-a-lD sold of later about l@e below yeslelua1
quotations and this caused some seiliiis q -
eI7+ir-7s The market closed easy at oecllis OF sc
- tsc Local receipts were 2l7 cars
- -, Ii1,a bops Offerings in the pit were light
almost all Gay. The market closed tiitl Al iie
gains OF 2sac to &c to 1oe ,4 80 .-e.
Ers4rnared receipts for tomorrow MIltatt % cN'
80 oeo ca-e- oats sf6 cars; hogs, 10000 head