New-York tribune., 1908-08-21
CHICAGO GRAIN AND PROVISIONS.

Chicago Arg 20-Smau primary receipts and a
cortt-ued active demand for the cash grain by
r1fA-s ana exrorters created moderate frrnness in
the wheat market here to-day At the close Wilsat
FOR September delivery was up &c. Com was up
14c. Oats were sc higher and provisions Z42c 10
Tsec higher
The wheat market opened active and strong. but
euieted down considerably before the middle OF
the session while at the same tine sentiment IL
the pit became less bulish Shorts IN the Septenl-
ber delivery were eager bidders early In the day,
ov.us- 20 the small offerings Of cash winter wheat
from the interior and the brisk demand by eA-
por;ers and Eastern milers- One broker Claimed
there mad been more inquiry for cash wheat here
yesterdav and to-day than al any previous tiL--e @
the crop A local mill paid 81 "a a busheI for
bee0 bushels Of No l hard, which is q new high
price for the crop. car OF new No spring ar
rived here to-day from Iowa and proushl - 20 =
hrshe7 Elevator concerns continued TO dodge the
possibility Of being compelled 10 deliver their wheat
in store on September contracts by covering their
short sales in that month and reseling for De
At further shriukage IN the premium for
The latter. The premium IT one time was reduced
u &c. compared with 1ssc at yesterdays close
The foreign situation also furnished consldeTaoie
support 70 the local market the Liverpool market
being Up fully ID due. IT said 20 the light Of
ferinEs from Argentina Weather conditions IN The
Northwest which were ideal for harvesting, seemed
- have little effect to-day. The market closed
i'm for the September and December deliveries
and barely steady for May. Clearances Of wheat
and -four were equal 70 $4,000 bushels Primary
receipts $4,000 bushels compared with 10000
bushels the corresponding day d year ago Mime
spols, Duluth and Chicago reported receipts or 4ZS
cars against 3I5 last week and S27 cars year
ago
The corn market was strong al the start. owing
to the congested condition Of the September de-
livery and 10 cool weather IN the corn belt The
September option especially strong because OF
the urgent demand by shorts for that delivery, the
price az one time being 1c above yesterdays final
Quotations During the last half OF the day senti-
ment became easier as result OF cohslaerabie
realizing hy September holders The May delivery
Was relatively weaker than December or Septen-
Der and showed greater losses. The close was
irregular Nav being easy and other options firm
EsF7E 7Eu~f.zr 70
rise advanced 10 7Sisc. and closed at 4I4sc Local
receipts were 2I4 cars. with 50 Of contract grade
Traders "a oats chiefly Interested IN the
September delivery which advanced nearly lc
early IL the day On lively covering by shorts The
advance however, was not maintained after the
hFst hour liberal offerings from elevator interests
causing recessions- The close was firm Sep
'efnber opened &c 10 &c higher at 4s9sc 10 4Ssc
advanced 10 4s1zc and closed al 4S%c. Local re-
teipts rs cars
Provisions firm active demand Tor
January products by local packer The market
lost sons % its strength late in the day. owing 10
prohi taking. Al the close September pork was up
t1ze al Si4 s.. Lard was up 2izc at 50 70 KIDS
were 2ize sc higher 81 s. -25z TO SIS 40
estimated receipts fer tomorrow: Wheat S3
ears corn z57 cars; oats 10 cars; hogs. 1900
head