The Birmingham age-herald., 1908-08-15
WHEAT ADVANCES
 ON WEATHER NEWS Reportof Rains In the OaketaS
 Helps Market DEMAND FOR CASH WHEAT Corn Displays Moderate Firmness On Strength of Wheat, But Declines Later-oats and Provisions
 Are Weaker.
DEMAND FOR CASH WHEAT

Chicago, August 14.-Harvest-delaying rains in the northwest were chiefly re- sponsible for a moderate advance in wheat prices on the local exchange to- day. The net gain at the close of the September delivery was st97sc Corn was off ss@%c, and oats were down ss@1sc Provisions closed unchanged to 21bc lower
 After experiencing a slight dip at the start, owing to selling brought out by the failure of the Liverpool market to re- spond to the 1-cent advance here yester- day, the local market rallied and con- tinued firm the remainder of the session. The upturn was due to reports that rain were had last night throughout the Dakotas, which will, it is said, greatly interfere with harvesting. Active buying by a leading bull, whose purchases yes- terday were largely the cause of a 1-cent advance, added fresh vigor to bullish en- thusiasm during the last hour of trad ing, and caused lively covering by shorts. Strength at northwestern grain centers, which was said to have been due to an active milling demand for cash wheat, was an additional incentive to buyers here. One report from Minneapolis stated that receipts of wheat there were very light. and that spring wheat was bringing fancy prices. The market closed steady and strong, with prices almost at the top. September opened A@3sc lower at 977s@ 93c advanced to 94Ac and closed at $40 941sc C1earanees of wheat and flour were eqnual to 226 GOO bushels.
 e1hr Ixr Bradstreets were 3,760,000 bushels. Pri- mary receipts were 824,00O bushels, com pared with 940,000 the corresponding day a year ago. Minneapolis, Duluth and Chi cago reported 2S1 cars against 361 last week and 365 a year ago.
 Corn displayed moderate firmness early in the session because of the strength of wheat, but declined later on liberal sales by cash interests presumably against free purchases of cash grain in the west, particularly in Nebraska. The market was also bearishly affected by reports from the country regarding the condition of the new crop, the advces being more optimistic than of late. The close was weak. September opened sc lower at 77hc, advanced to 777sc and then declined to 76Ac The close was at 76B@77c. Local receipts were 145 cars, with Al of contract grade. Liberal receipts with conse- quent decline in cash prices had weak enng effect on oats futures. There was considerable selling by holders and also by commission houses. September opened 1sQ4c to A@asc lower at 47bQ47Ac. ranged between 471ac and 46Ssc and closed at 47c. Local receipts were PAS cars.
 Owing to active support by local pack ers provisions were firm the greater part of the day, despite a 10c decline In live hogs, but later the market weakened on profit taking, but closed steady. Final quotations on September pork were off 21kc at $14.95. Lard and ribs were un- changed at S9.25 and $S.65 respectively.
 Estimated receipts for tomorrow, wheat 16s, corn 15S, oats 21S. hogs 14O0o.
 Leading futures ranged as follows: