The Montgomery advertiser., 1908-09-12

Chicago Sept. 11.-Pront tallng on a wheat market today following. a mod crate bulge at the start; final quota
 ions showing net losses of l-4QS S-S to 5-s9a-4 The corn Ish,5 market a@ aiso GEESE Sss6 marks for the session, Oats were weak but provisions were strong. The wheat market opened firm with prices during the first hour fresh gains of nearly one cent were made in all deliv- cries as a result of active buying by bull leaders. The bullish enthusiasm and on the brisk inquiry for cash in this country. News of the day fail would tend to encourage increased Holdings of wheat. On the contrary the wheat market was easy and the exceedingly liberal. Receipts at Min neapolis and Duluth today were more than four times as large as they were the corresDoSn1idins day ta last year being Ing ceipts were more than double those a
 Toward the end of the first hour to Come into the pit. a number of the leading longs apparently taking ad- vantage of the early. bulge to dispose sion advanced offerings became still more liberal and before the end of the day more than five million bushels. It was claimed. had been sold by about caused a sharp slump In prices late in the session from which the market failed to rally. The market was affect of stocks in the northwest. Duluth re. for the week and Minneapolis claim York reported twelve boat loads had been taken for export but locally the
 Demand for cash wheat here was side markets for cash wheat were firm early but weakened later in the day. The market closed almost at the bot %sre eSus to busheis aGei apS sxpUrts H4s for the week as shown by Brad streets were equal to S,01S.000 bushels. Primary receipts were l;56l 900 bush bonding day last year. Minneapolis Duluth and Chicago reported receipts of 1,0s7 cars against 5s6 last week
 All deliveries of corn sold at new high record marks for the season, Sep tember at one time selling at Si 3-S December touched 70 3-s. and May 6S to an active general demand based on tho continued drouth in the corn belt No, relief from the. excessively dry tomorrow. After the first hour senti- ment became less bullish as a result of liberal realizing sales. the selling being especially free in the new crop months. This caused a decline in those deliveries but the September option was held relatively steady by an ad- vance of 1-2 to 1 cent in the price for cash. The market closed easy with prices I-4@3-S lower to 5-S hightr Local receipts 267 cars. 85 contract grade.
 Extreme dullness prevailed in the oats market the interest of traders being almost entirely in the other mar kets, being firm early In the day. and weak toward the close. At the sample tables cash oats were firm to 1 f2 higher. The market closed easier at net declines of 1-4@3-S to 3-S. Local receipts 1855 cars.
 Trade in provisions was active and the market was strong all day. Local packers were fair buyers of nearbv deliveries while outside investors bought the January products. The strength of grain and further advance in hog values were the chief buliish influences. At the close prices were up 10 to 20 and 22 1-2 compared win the previous close.
 Estimated Aaceipts tomorrow: Wheat 5d cars; cor. 260; oats 299; hogs 1T.