New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-11-28
CHICAGO GRAIN AND PROVISIONS

Chicago, Nov 27-Likehood that receipts OF
wheat in the Northwest will show a decided fall
ing off in the near future impaired strength to tbe
local market to-day. closing quotations be-
ing up &c to 1sG9sc compared with Wednesdays
final figures Corn oats and provisions closed easy
! The wheat market opened rather weak selling
brought out by moderate decline at Liverpool
prices the start being a shade TO Ease lower
than Wednesdays close. Within the first fifteen
minutes however. a firmer tone developed, and
prices advanced more than loc above opening quo
| tatlons. The volume OF trade during the greater
part of the day small An additional advance
recorded in the last half OF the session, but
all of the gain was not malnt aimed although the
close was strong with December at 81 034 and
May 81 CSls 81 0S14. News from the Northwest
furnished the principal reason for the frmness.
although report Of a St Louis trade Journal,
which claimed that the condition of the fall
crop OF wheat is much below that Of year ago
and that the acreage is considerably smaller, had
some effect. Reports from Minneapolis claimed
that receipts of wheat at country stations showed
marked falling off and that the arrivals at Mime
apoils and Duluth would soon reject the decreased
movement. Fresh news regarding the Argentine
crop meaSre, but one dispatch stated that
weather conditions were favorable for harvesting.
Demand for cash wheat here tame. a poor
demand also reported in the Southwest. New
York reported export business, aggregatng
"a boatIoads but a large part of this was said 10
have been bought to hold in vessels cheap win
Ter storage Al Buffalo Cleartncas OF wheat and
-four were equal 900 bushels total exports
for the week. shown by Bradstreet's, were
equal 1900 bushels. Primary receipts were
1926 bushels, compared with l,8l6.OD) bushels
the corresponding day year ago Minneapolis.
Duluth and Chicago reported receipts OF 1884 cars
against 500 cars last week and l,5i6 cars year
ago
Increased offerings Of corn from Illinois and Iowa
caused weakness in the corn market, but the vol
une of trade small. The market was also bear
ishlv affected by decline OF lec to &c in the
price Of the cash grain. due largely 10 a slack de-
n,apd by exporters ana Eastern shippers There
was considerable selling pressure the December
delivery By local holders, which resulted In wipng
out its premium the May option The market
closed weak. with prices lsdi4c 10 sc lower. De
cember closed r. 62A.c. and May at 623sc to 624c.
Local receipts 1913 cars, with four of contract
grade.
Oats were dull AMI steady a slight decline.
COMPARED with the previous close. Prices through
out the day huctuated over a range of isc to Sc.
At the sample tables prices were steady t. &c
lower The close steady, with prices sc TO 2sc
below the previous close. final quotations on De
ceniei being 4Sasc and on May at 5o5sc. Local
receipts we're l02
Provisions displayed moderate weakness on sell
ing by local and Western Pa ckers. based on con
tnued liberal receipts of i've hogs at all packing
centres The weakness Of corn had some effect.
Prices AZ the close unchanged 10 23i.c tower.
The custom of giving estimated receipts for To-
morrow has been discontinued