Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-09-20
Foreign Exchange Declines.
THE GRAIN MARKETS.

CHICAGO, September 19.-The market
for wheat rebounded today under the
stimulus OF reported export business and
the Russian cholera, closing prices being
from AZ to rs over yesterday. Corn,
oats and provisions all finished at an adj
vance. The wheat prices were the highest
of the crop.
At the opening the wheat market gave
no promise of its higher aspirations.
prices being off fractionaliy on the arri-
walls i'll the northwest and at Winnipeg
and the good weather. Later, however,
Canada discovered that her climatic con-
dtions were unsettled and Liverpool
failed to follow the decline on this side
yesterday. Traders in consequence turned
their attention TO the export situation and
found that 1t was good.
1t was reported that all offerings from
the seaboard, Kansas City and Duluth,
aggregating 100000 bushels overnight,
mad been taken abroad. Under this slim
illus prices started upward and passed
previous high marks. Added bull fervor
came from cholera reports from Russia.
1t was calculated that Germany and the
Mediterranean ports might have to close
their wharves 10 Russian wheat to avoid
epidemic.
The southwest contributed a mite Of
bullish news by warning the trade that
the dry weather would restrict the area OF
winter wheat seeded this fall. Incidental
Is 1t was noted that primary receipts tor
the week broke all previous records by
2.c00,UUo bushels, but the bears were un-
able to make this factor telling one.
Primary receipts were 2,1i3.OO0 bushels,
against $4,000 bushels year ago. Sea-
board clearances in wheat and flour were
equal TO 100000 bushels. Local receipts were
4: cars. with cars of contract grade.
while the aggregate car lots received at
Chicago, Minneapolis and Duluth were
l.343. against LET last week and 526 a
year ago.
Fine weather for the maturing crops
and more unloading of the September de-
livery depressed corn prices at the outset,
but shorts covered on the wheat bulge
of the coarser cereal closed firm with De-
Cember up SC The cash market was
firm. Car lots were in good demand and
offerings were moderate. The sample
market likewise was firm. Local receipts
were 292 cars, with 50 of contract grade.
The oats market was quiet affair,
overshadowed by the corn and wheat pits.
Prices worked higher in sympathy with
the other grains, December closing &c
up. Local receipts were 2O5 cars.
The corn strength and support from
packers stimulated the provisions market
and closing prices were from 5aIh cents
to 22i2 cents over yesterday.
Estimated receipts for Monday: Wheat.
80 cars; corn. 81 cars: oats, 231 cars
hogs. $4,000 head.
NEW YORK. September 19-Flour: Re
ceipts. 1432O, exports 5,0g9; market firm,
but quiet. Minnesota patents. 5.4Oa5. 50;
winter straights. 4.25a4.45; Minnesota
bakers, 4.2oa46 60: winter extras, 3. 4oa3:9O
winter patents. 4.4Oa4.S5; winter low
grades, 33Oa3.sO
Rye -four, quiet; fair to good, 4.15a4. 40
choice to fancy. 4.5Oa4.65
Corn meal. steady; fine white and yell
low. 115al so; coarse, 1.65al1O; kiln dried
40.
Rye. dull: No. . western, S4 nominal
fob. New York.
Barley, quiet; mailing. 66a69 elf Buffa
10; feeding, 6Sa69 elf. New York.
Wheat-Receipts. 5000 bushels exports
49,. 1876 bushels. Spot-market firm: No. =
red l.07hal .09A. elevator: No: >. red
l.GSS. b. aiioat: No. 1, northern Du-
luth. l.l21: fob. afoat; No =, hard win
Ter. l.G912 fob. atioat. 4 brief opening
decline in wheat today was followed by
a strong advance of d cent per bushel
due TO dry weather in the southwest, a
good export demand and covering OF
shorts The close was 70 to cent net
higher. September closed 1.O0A. Deem
Der. looisal .O912: closed 1.O0ss, May, l.O9a
l.1Ois: closed 1.1Oal.1s.
Corn-Receipts. 1890 bushels Spot
firm; No >, IS. nominal elevator, and $50
nominal delivered. Option market was
without transactions, closing u cents ne,
higher September closed at IS: Deem
Der closed at 7sA.
Oats-Receipts. 1900; exports, u,715
Spot, steady: mixed. 26a32 pounds, 81; nat
ural white, 26a3l pounds. 53a55; Clipped
white. 32a40 pounds, 55a61.
Feed-Barely steady: spring bran, % so
middlings, 24.J0; city. 24.60
Hay-Easy shipping. 5Oa55; good to
choice, 70aI5.
ST. LOUIS. Septembe- 19-Wheat-No
red cash, 1.O4Aa1. %; No hard. lola
1.Oi; December. 102is: May, 1Oi7s.
Corn-No. 2 cash, 7sa7sh No. white