Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-09
THE GRAIN MARKETS,

CHICAGO, February S.-Liberal Aus
tralian shipments and a consequent de-
cline at Liverpool caused weakness in the
local wheat market. May showing net
loss of l cent at the close. Corn was
Nc lower. Oats closed nc down. Pro-
visions were a shade to 211ca5c higher.
\ The decline of &a1zd in Liverpool cables.
considerable unlooked-for strength which
prevailed here during the previous ses-
sion and which was reflected in the OPEN
ing quotations on the Chicago exchange,
were followed by reports that supplies for
foreign consumption were plentiful.
Australia was shown to have shipped
455,(DO bushels more than during the pre-
ceding week. and the worlds shipments,
estimated at 100000 bushels. were re-
garded as greatly in excess of the weekly
requirements. The opposing influence of
smaller Canadian and northwestern re-
serves in the estimates for the coming
the lower level May was off 1sa5s at the
opening, advanced to IS and was later
forced back to 3o7s by the weight OF offer
ings. The close was weak at 97A.
Primary receipts were 443,OOD bushels,
compa ed with 3o5.OD bushels a year ago.
Clearances of wheat and flour were equal
to $500 bushels. Minneapolis. Duluth
and Chicago reported receipts of 275 cars
against 1914 cars last week and pa cars a
year ago.
country offering and favorable weather
for the movement, but the market exhib-
tied a degree Of steadiness in view of the
weakness in wheat. inere was consid-
cradle weekend profit, taking, and the
trading was without feature. May opened
haA lower. at 61ha61A.> advanced to
61Na617s. and declined to 61Aat61& later
The close was easy. at 61as. Local re-
aeipts were 268 cars, with none of con-
tract grade.
Oats were dull and neglected, and fol-
lowed the downward trend Of other grains
Elevator interests favored the bear side
Of the market, but at the low point the
bull leaders offered support. The May
between 54ss and 53a4. and closed easy at
81. Local receipts were 1877 cars.
The provisions market displayed
strength at the opening on smaller run
of hogs than estimated for Chicago, but
could not withstand the effects of liberal
receipts elsewhere. combined with the
influence of grain weakness. May pork
opened at 100 to 1905, advanced to II. 20,
and closed at 12.02k to 1906, a gain OF
21sa5. Lard advanced from 1856 the open
shade higher. at 7521aa7y65. Ribs were
up 21sa5, at 6.571s.
Estimated receipts for Monday: Wheat
% cars; corn, 800 cars; oats, 143 cars;
QOSS, OS,VVU ucdO.
ST. LOUIS. MO-. February s-Wheat.
No. 2 red cash. 100; No. = hard, 971s; May,
9S: July. soy
Corn-No. = cash, Sc: No. 2 white. o51s;
oats~No. cash. 5o1s; No. white, 81;
May. JON; July. 43b.
MINNEAPOLIS, Mimi, February s.
heat-No. l hard, lU91s: No: northern.
1864: No. 2 northern: lo4al04h; No. 3
Flour-F.rst patents. o.35a5.5O: second
patents, 5.2ja5.4O: first clears, 4.25a4.35;
second clears, 3.45a3.55.
Bran in bulk. 1000.
MILWAUKEE,, Wis, February s.
Wheat-No. l northern, 10S114a1O91s; No. =
northern. 1O6a1OS: May, 97A asked.
Rye-No. /, S21zaS3.
Barley-No. 2, 101; sample, 65a1OO.
Corn-No. ) cash, 55a57; May, 6l5s asked.
DULUTH. Mimi. February S.-Wheat-
No. 1 hard, 1OSls; No. l northern. 1O61s
No northern, 1855; May, 1865; July.
1865.