Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-08
THE GRAIN MARKETS.

-
entire winter wheat crop has been seri-
ously damaged by drought caused an ad-
vance of more than 1c per bushel in
and final quotations showed net gains of
1h to 49, Corn, oats and provisions
were also strong.
Anxiety among wheat traders concern
the Ohio state report. which was made
public yesterday, and which showed Sc
rious deterioration in the growing crop
in that state owing to lack of moisture.
local crop expert in a report publish
ed today maintained that the Ohio report
is only forerunner of many similar pro-
nouncements, and that the December gov
eminent report would show that new
sown wheat in Indiana, Michigan, Illinois.
Tennessee and Kentucky is in the poor
est condition recorded in many years.
1t was also claimed that the condition
of the crop in Missouri. Kansas and Ok
lahoma would be found to be very low.
AS a result of these advices and owing
to sharp advances at the principal Euro
pean grain centers demand for wheat
here was urgent all day, and prices adj
vanced steadily throughout the entire ses-
sion. Demand for cash wheat here show
ed some improvement and prices were a
trifie higher for the best grades. while
low grades were rather weak. Minneapo-
lis also reported good demand for the
cash grain.
The market closed strong at almost the
best prices of the day, with December at
101a and May at 100.
Clearances of wheat and flour were
equal to 100000 bushels. Primary re-
ceipts were 1,1a9.OO0 bushels. compared
with 10000 uzhels the corresponding day
year ago. Minneapolis, Duluth and
Chicago reported receipts of 514 cars
against 1Oi last year and 444 cars a year
ago.
Local bulls were active bidders for
corn, and as a result the market was
firm all day. The buying was based
chiefly on the continued small receipts
despite the favorable conditions for the
movement of the new crop. Advices from
the country stated that farmers were not
willing to sell their corn at present prices.
The advance in wheat also inspired some
demand. The market closed strong with
prices up " to hatc. with December at
61Aa61k and May at 62a621s. almost the
top point of the session. Local receipts
were 9S cars with = of contract grade.
Oats were firm on fair demand by cash
was not large. Cash oats were In good
demand and prices were steady to 1zc
higher The strength OF wheat and corn
was one of the chief bullish influences.
The market closed firm with prices u
and Aaasc higher Final quotations on
December were at 4s1aa4s5s and on May
at JO1aa5Os. Local receipts were SO cars.
Provisions derived moderate firmness
from the strength of grain, shorts being
buyers during the entire session. The
bulk of trade was in lard The close
was firm at gains of 2ha5 to 10.
Estimated receipts for Monday: Wheat,
q cars; corn, 103 cars; oats, 126 cars;
hogs, 10000 head.
ST. LOUIS. November 7.-Wheat-No. 2
hard, 1OOa1031s; December. 1908: May,
1O51s.
Corn-No. ., cash. 50: No. white. 65.
old; December, 591; May. sos.
Oats-No. =, cash, 4Sl2: No 2 white,
501aao4: December. 46A; May, 1875.
MILWAUKEE,. November 7-Wheat-
No. ! northern 106a1O612: No. 2 northern
1O3a1O3Is: December. 1O1asa101hs bid.
Rye-No. 1. 7411a75.
Corn-December. 61Aa617s bid.
Barley-Standard, IS: samples, 57a64ha;
No. B. 57a6312; No. A. 56a5s.
MINNEAPOLIS, Mimi. November T.
Close-Wheat-May, 106Aa1O7: cash No.
hard 1861; No. northern. 1854: No.
northern, 1914 No. 3 northern, lOOa1O2.
Flour-First patents, 5.25a5.5O: second
patents, 5.OOa525; first clears, 3.9Oa4. 10;
second clears, 2.OOa320.
CINCINNATI. November Hogs slow.
5a1Oc lower: butchers and shippers, 6.l5a
625: common 35Oa4.6O.
Cattle steady; fair to good shippers.
475a5. 40; common, 2.25a2. IS.
Sheep steady. 1.OOa3. IS: lambs steady to
strong, 4.OOa5.75.
DULUTH, Mimi. November 7.-Wheat-
No. / hard. 1881; No. northern. 1Oo% !;
No. northern. 1O3A; December, lO2X I;
May, 1861; November. 1O415