Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-09-06
COUNTRY'S GRAIN MARKETS
REPORTS FROM ALL SOURCES
FOR THE WEEKEND.
Selling for Profits Assumed Liberal
OBSERVATION-DISCLOSURES Were
Enormous.

CHICAGO, September 5.-Selling for
profits assumed liberal proportions in the
wheat market today owing to, heavy
movement both present and prospective
in the northwest. The market closed
weak with prices off y to Is. Corn. oats
and provisions were also weak. Business
in the wheat pit was of an evening-up
character, as is usual preceding holiday.
and holders being more anxious to sell
than shorts were to buy. prices declined
nearly all day. Receipts at Minneapolis
and Duluth were enormous. the total
arrivals. today at the two points being
766 cars against AT cars the correspond
ing day week ago. and it was predicted
that the receipts at Minneapolis next
Tuesday would aggregate from 2,OCo TO
2.;,G0 cars.
Despite an unusually urgent demand for
cash wheat by millers in the northwest
and the large sales of flour which nave
been made there the past few days. this
exceptionally heavy movement naturally
could have no other effect, it was claimed
than to weaken wheat values. Local
exporters claimed that any material de-
cline in prices would force liberal ex-
port sales. but only small sales had been
made during the day. Minneapolis and
Chicago cash wheat premiums were UNI
changed and St. Louis was 12c lower.
The market closed weak and only trifle
above the lowest point of the session.
Clearances of wheat and flour were
equal to 3OS, 900 bushels. Primary receipts
were l. 105, 600 bushels, compared with
659. 600 bushels the corresponding day last
year Minneapolis. Duluth and Chicago
reported receipts of S31 cars against o03
cars last week and 366 cars year ago.
Corn was dragged down slightly by the
weakness of wheat. Holders generally
were disposed to take profits after a week
of advancing prices, and a leading COM
mission concern was a free seller of the
September delivery. The selling of the
September option was due to the turning
out of about 10000 bushels of contract
corn from elevators during the past twen-
ty- four hours.
The market closed weak. with prices q
to 12c lower. Local receipts were 335 cars.
with so of contract grade. Oats were
weak on selling of the September and De
cembei' deliveries by cash houses which
were based. it was claimed. on the belief
that an increase in the movement is i'm
minent. At the sample tables demand
was rather slack and prices declined 1ac
to &c. The market closed weak. with
prices off tsc to &c. Local receipts Were
$50 cars.
Provisions were dull and easy. There
was moderate liquidation due to the weak
ness of grain. At the close prices were a
shade higher to TIC lower.
Estimated receipts for TUESDAY: wheat.
40 cars: corn, 2O9 cars: oats, 221 cars;
hogs (for Monday, 5000 head.
ST. LOUIS. September 5.-Wheat-No.
., red. cash. 9Sa99; No. 9, hard. 951sa99
September. 967sa97: December. 1907.
Corn-No. 2. cash. 1871; No. 9, white,
7s1sa79; September. 63; December, 63A.
Oats-No. 2. cash. 40; No. 2. white.
SLY; September. 49ssa49hs; December,
51a.
MINNEAPOLIS, September 5.-Close:
Wheat-September. 99R; December. 1OO1s
May. 1O3Ra1O4 Cash. No. I, hard, 103h:
No. 1. northern, 1929: No. ?, northern,
39a4 a1OO.
Bran in bulk. 1SJ0a19.0O.
Flour-First patents. 5.65a5.75: second
patents, 5.5Oa5.6O; first clears, 4.35a4.45:
second clears, 3.5Oa3.GO.
DULUTH. Mimi. September 5.-Wheat-
No. 1. hard. 1925; No. /, northern. 1929
No ., northern. 1OOA; September, 99H
December, 99A; May, 1G3.
MILWAUKEE,, Wis, September .
Wheat-No. l. northern, 1O9a11O: No. 2.
northern. 1O6a107; December, OTIS (asked).
Rye-No. 1, 76k.
Barley-Samples, 61a651a
Corn-December, 65A a67.