Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-12-05
GRAIN MARKETS.

CHICAGO December 4.-The railroad
strike in the northwest had ceased to be
a factor in the wheat market today, and
the eyes of the traders were again focused
on Argentina, where weather conditions
were said to be favorable for harvesting.
Favorable crop reports from the South
American country caused heavy tone in
the market all day, and at the close prices
were Il to asc below the final figures of
the previous session. Coarse grain and
provisions also closed weak.
Although sensational rumors We're cir
culated on the floor of the exchange be-
fore the opening of trading, predicting a
general strike on all railroads as the out
come of the situation in the northwest,
the reports were given no credence. in
view of the more optimistic tenor OIL news
emanating from the scene of the labor
troubles. Traders. however, were inclined
to await further developments before
opening up new deals, and as result
the volume of business was small. The
rapid spread of harvest operations in
Argentina inspired more or less selling
throughout the day. which resulted in
moderate weakness in all deliveries Cold
weather was officially forecasted for the
entire winter wheat belt. but THIS failed
to have any bullish effect. owing to the
newly seeded crop being covered with
snow in many sections.
The range on the May delivery for the
day was between LOSS and LOSS. The
market closed only trif1e above the
low point, with May at 1.O5!s.
Absence of shipping demand and an
official forecast of q drop in temperature
throughout the entire corn belt caused
weakness in the corn market. Local
bears made an attempt to raid the mar
ket, but their efforts met with only in
different success. The December delivery
displayed the greatest weakness. largely
on account Of one cent decline In the
prica of the cash grain. The market
closed almost at the lowest point. with
prices ha1ac to Fac below yesterday S
close.
Oats were moderately firm at the start,
but developed ar easier tone early in
the session and became weaker as trad
ing progressed. There was considerable
disposition manifested on the part OF
longs to liquidate December holdings. At
the close prices were snade 10 sc lower
than yesterdays final figures.
Provisions were weak because or pront-
taking based on a poor demand for the
cash products. Receipts of live hogs at
all western packing centers To-Day were
only about half the total arrivals year
ago, but the small movement was ap-
parently ignored. Prices at the close
were TIC to 2712c lower
Cash wheat-No. 2 red Goa 81: No 3
red. 1.12a1.1S; No. hard, 1.O7alO9: No
8 hard, 1.02a1.O7 No. | northern. 1o9
NJ. 1OTlHeIH, 1.vooi. w. SPi'ho
1O3a1.O6.
corn~No. (old). 64,a; No. = yellow
fold), 65ka; No 3, 551s; No. white. 55l4a
56: No. 4, 53a53A: No. 4 yellow. 53a5314.
Oats-No 5 white, 40s.a41; No white,
4Oa41.
ST. LOUIS. December 4.-Wheat-No. 2
red, cash, 1.23a1.25: No. 2 hard. 1OSa
L12h; December. 1.O7a<: May 1.O67sa1O7.
Corn-No. 2, cash, oS1e; December, 57$s:
May, 6O5s: No. white, 5S1a.
Oats-No 2, cash, 411a December. 40lsa
4OA May, 422s; No. 2 white, A.
MINNEAPOLIS, December 4.-Close:
wheat-December, 1917 May. 1.051s;
cash, No. 1 hard, 1O614a1.O6a4; No. 1
northern, Local O614; 10. > northern. 104
a1.O4A
Flour-Frrst patents Gn wood. T. o. b.
Minneapolis, 5.3Oa5.JO; second patents,
5.1Oa53O; first clears, 4.2oa445; second
clears, 3 2Oa3 10.
Bran-In 1OO-pound sacks. 1880.
MILWAUKEE, Wis. December 4
Wheat-No. / northern. LII; No. north
ern, 1O6a1 .O9lz; May, LOSS bid.
Rye-No. 1, IS.
Corn-May. 81.
Bariey-Standard. 81: samples, 59a67;
No. 3. 61a65; No. 4, 59a61.
DULUTH, Mimi. December 4.-Wheat-
No. 1 hard, 1.O5A; No. 1 northern. 1.O5L;
No. northern, l.O3ia: December, 1.O3k
hid. Nav O6lhak OSsk bid