Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
THE GRAIN MARKETS.


the price Of wheat at foreign grain CEN
tiers had strengthening effect today on
the local wheat market. the May delivery
closing at gain of u. Corn was up Y.
Oats were Y higher. and provisions were
21aa5 to 5a7h higher. The wheat market
opened easy on renewed selling by small
holders. but prices soon rallied moder-
ately, and throughout the remainder Of
the day a firmer tone was manifested.
The chief reason for the improved tone
was the strength of wheat at the leading
European markets. A decrease in the
movement of wheat in the southwest
however. induced some purchases. Shorts
were the principal bidders. but the vol
ume of trade was not large, owing to
comparatively light offerings.
The market closed steady. May opened
unchanged to "a lower. at 93h to 831a. sold
at 931a, and then advanced to 93N. The
close was at 93%. Clearances of wheat
and flour were equal to AZ. 100 bushels
Primary receipts were 445, 900 bushels
compared with $40 1000 bushels the corre-
spending day a year ago. Minneapolis,
Duluth and Chicago reported receipts Of
30 cars against 275 cars last week and
1913 cars year ago.
The corn market was strong the. entire
session on active demand by leading
bulls. Firm cables, small local receipts
and unsettled weather in the corn belt
were the main Strengthening factors.
Offerings were scrattered, but came
largely from holders. The close was
strong. May opened "a to 4 higher at
60k to sos, advanced to SIX and closed
at 611s. Local receipts were 1875 cars,
with one of contract Ngrade. Trade in
The market was firm in sympathy with
the strength Of corn. A decrease in re-
ceipts. due to wet weather, also had
bullish effect. May opened a shade
higher at SO ", sold off to 52A a523s and
then advanced to SO. The close was at
52&4. Local receipts were 1877 cars.
Provisions We're rather weak early in
the day, owing to free selling OF pork
by local longs. Later the market made
a substantial rally on buying by pack
hogs. At the close May pork was up
2ha5 at 11.27za11.30. Lard was 5a7k
higher at 7.25.
Ribs were higher at 6.37k.
Estimated receipts for Monday: Wheat
81 cars: corn. 40 cars: oats. III cars;
hogs, 5000 head.
CINCINNATI. Ohio. February 15.-Hogs.
active; butchers and shippers, 4.40a4. 4712;
common, 3.3Oa4.25.
Cattle. slow and weak: fair to good
shippers, 4.7oa5.35: common, V. 225a3.25.
Sheep. steady, 2iOa5.OO. Lambs. steady,
0.UOal -.
ST LOUIS. Mo-, February 15.-wheat.
No. 2 red, cash, 08a9S: No. 2 hard. 941ha
961.; May 94A; July. S7A.
Corn-No. 9. cash. 55Aa55M: No. 2
white. 5o1zaJ6: May. 577s; July, 57h.
Oats-NO. 2, cash, JOa51; No. . white,
01a51h; May, JOl4.
MINNEAPOLIS. February 15-Close:
Wheat. May. 1O1k: July. 1O1%: No. 1
northern. 1924 No. . northern, 1914 No
3 northern. 96A a99A.
Flour-First patents. 515a5.3O; second
patents. 5.O5a5.2O: first clears. 415a4.25;
second clears 3.35a3 A..
Bran in bulk, 1000
DULUTH, Mimi, February 15.Wheat.
No. ] hard. 1041s; No. ]. northern, 1O2h:
No. northern, 99ls; May, 1O1as; July,
102h.
MILWAUKEE, Wis. February 15.-No.
1. northern 1O6a1O7; No 2 northern,
1o3a1O5: May 93ha93ss asked.
Rye-No. ], 81.
Barley-No. 2. 90: sample. 65aa5.
Corn-No. g. cash, 54a57; May, 61h