New-York tribune., 1908-09-29
CHICAGO GRAIN AND PROVISIONS.

c-t,cayo Sent 9s-wheat prices on the local eK-
change were dragged down to-day by oeailsh SIC SIC
tistics tie principal feature of which was an uii
usually liberal increase in the available STOCKS o
wheat in the United States and Canada. Inc cioo
was at almost the lowest point. at net losses %
&c to ssc &C. Corn and oats were also "eah'
but provisions were steady.
With the exception of a slight rally during tle
first half hour the wheat market was weak the en-
tire dav and trade was of a listess character the
greater part of the session. lnfuehced .! M
weekly statistics and by weak cables. the market
opened easy with prices unchanged 10 &c ~ -,
compared with Saturdays closing Quotsltlo t
Worlds shipments while not so npeIai ds e~Npe~ ~
ed in some quarters. were consideraoIy III te
of the previous weeks movement and also lnat "
the corresponding week last year, oeihS I'l-V,o
bushels. compared with 10lO4oto ouShels t Ias ~,
and lO640O09 bushels last year Ihe aiIouiit U1i
passage also showed increase OF Z'4eo'voV , ous
els for the week Shortly after the opening seVeia
commission houses became fair hlddefS loI "hea .
and this demand raised prices to point apoul
sc above the previous close Inc lnalhel' - ~
ever unable 10 Withstand tne EediI9iI Va,
ences and soon weakened again. Decfries az NIii-
neanolie and Vinnipeg were partly responsible for
the renewed weakness The lower prices at d noo
apolis were due largely to an mes 20 6re While
bushels in stocks there in the last Two uds .
the decline at Winnipeg was largely the result oL
predictions of big increases III recelplS ,t.,,. ot
wheat In the last half the market was pedllelll'
affected by runors the effect that the Vsloe sup
Fly statement would show surprisingly hoeial IN
crease in the available stocks of wheat in the
United States and Canada The official fgures,
which were made public a few minutes before the
end of the session amply verlhed these luihoIs, ~
oh aC
5a2e 900 bushels. compared with decrease OF z7s,
000 bushels the corresponding time a year ago.
Export demand here and at Northwestern markets.
was dull but late reports from the sea ooard
claimed thirtv-six boatoads had been taken for
export Additional rain in the winter wheat belt
was another reason for the heaVineSS or the locdl
market The market closed almost the bottom
I~ices C-learances of wheat and -four were equal
to $4,000 bushels. Primary receipts were 24lo"o
bushels compared with 1144,0o0 bushels the cor
resnonding day a year ago. Minneapolis, Duluth
and Chicago reported receipts of 2Ofl cars against
1887 cars last week and 713 cars year ago
The corn market weak all day despite a
cold wave which extended far south as Texas
Severe frosts were reported from many locahtleS
was made that the crop was too far advances 10
be damaged to any great extent. The principal
feature of trade and that which was chleny re-
sponsible for the weakness. was liberal selling bv
leading long which induced free selling by pit
traders and by smaller holders. Wet weather
helped to inspire some selling. There was fairly
good demand for cash and prices were &c
below Saturdays figures. Local receipts We're II!
cars with IS of contract grade. The market closed
weak with prices 1sc higher to Sc lower.
Trade oats quite quiet and was N1huellceu
mainly by wheat and At the sample tapleS
prices were steady to i2c lower, with good demand
The market closed weak, with prices unchangeo 10
lac to a.c lower Local receipts were 253 cars
Provisions were only moderately active and prices
fuctuated within narrow range The feature OF
trade was the buying of January ribs and the sell
ing of October pork by local concern whose
transactions offering similar lines were notce-
able factor of last weeks trading. Inc market
closed steady with prices a shade lower TO I0c
higher.
Estimated receipts for tomorrow: Wheat, -
cars; corn 22 cars; oats 2TS ears; hogs l4"V mead