The Birmingham age-herald., 1908-08-26
WHEAT ADVANCES
 IN STRONG MARKET Delayed Harvesting In Canada
 Aids Prices RAINS ARE QUITE GENERAL 1 iheraI RAeeints and Continued EavoR.
RAINS ARE QUITE GENERAL
Liberal Receipts and Continued Favor. able Weather In the Corn Belt Depress Price, But Reaction
 Follows-Close Higher.

Chicago, August 25.-Delayed harvesting in the Canadian northwest, owing to wet weather, was chiefly responsible for a firm market for wheat here today. The close was strong, with prices up ssQhc to 5sc. Corn, oats and provisions also closed firm.
 The wheat market was firm all day, but the greatest strength was manifested during the last half of the session. Ini- tial quotations were from IS to asa19c above yesterdays close, September open ing at 931sQ937sc and December at 941sQ 94ssc. Reports from the Canadian north west indicated that rains were quite gen. eral over the western provinces, while the official forecast for Minnesota and the Dakotas predicted showers in these states tonight, in addition to this unfav- orable situation in the spring wheat coun- try the market was bullishly affected by the firm cables and by the light stocks of contract wheat in store throughout the United States. Local stocks were esti- mated at 2,744,00o bushels, compared wit. 10,597, 900 a year ago. Cash wheat prem iums here were steady, but the demand for cash grain was reported as very slow. Export demand was also negative qaan- tity.
 Bulls were the principal buyers throughout the entire session, and by their efforts sent prices up to s47sc for December. Late in the day prices reced- ed somewhat on profit-taking, but the market closed firm with September at sS19 Q935sc and December at 941sQ9l9sc.
 Clearances of wheat and flour were equal to S45,00O bushels.
 The worlds visible supply increased 16l 00O bushels. Primary receipts were 716,0O0 bushels, compared with 75oOoo the corresponding day year ago. Minne- apols, Duluth and Chicago reported re- ceipts of A cars, against 392 last week and 4S0 a year ago.
 Liberal receipts and continued favor able weather for the new crop brought out moderate selling of corn at the start, which resulted In initial declines of a shade to Aq3sc. The market, however, soon became firm on reports of light ac- ceptances in the country, and on the strength in wheat. An advance of AQ1c In the price of the cash grain was also a factor First trades of the year in July, 1909, corn were made today, the price be- ing 64Aq64ssc. The market closed strong at almost the top price, September clos, ing at 77hc, and December at 66@66sc. Local receipts 590 cars, 193 contract grade. Oats were affected by the strength of wheat and corn, but prices failed to show so great an advance as in the leading grains, because of selling based on re- ports of more liberal offerings from the country. Trade was of small volume The close was firm with prices b to H@Sso higher. Local receipts 2SS cars. A brisk demand for the January pro- ducts by local packers caused strength in provisions. Shorts were moderate pur- chasers of the nearby deliveries. Smaller receipts of live hogs and the firmness of grain were bulish factors.
 A good cash demand for cash lard also gave some strength. The market clcsed firm, with prices 15@171sc above the pre- vious close.
 Estimated receipts for tomorrow Wheat 62 cars, corn 199 cars, oats 160 cars, hogs 10000 head.
 Leading futures ranged as follows: