New-York tribune., 1909-10-29
Cash QUOTATIONS.
GENERAL MARKET REPORT.
Nav You'd. October %, I


GRAIN-WHEAT-Prlce movements IN
wheat were within comparatively narrow
range, ana operations were to large exteht
of a professional scalpinS character. Early
cables were COmewhat better than anticipated
and this stimulated the market early IN the
day. especially as there was reference 10 rloIe
damage IN the Argentine by locusts- There
little selling early by commission
houses, resulting In moderate setback ana
the market was also Influenced TO some extent
by hearish reports regarding the southwesteEn
cash situation. Private adviees from the
Southwest said that cash wheat was selling
around 94c To 97c for No and 1 hard winter
which was about 1Oc under ten days ago, and
that there we're indications OF an overstocked
western conditiops were somewhat better re-
&c r5tnr tl,s dsma16 For cash wheat and
riudi0g nrorninent Western Interests, wern
active buyers and the market In the carly
afternoon was firm. showing gains OF about
a cent a bushel from the early decline ring
vanced easily with comparatively little oPpo-
sitiUr. There sharp setback IN the
closed hrn at tho top, Inere was an SOseAcs H
of export business. but this seemed 10 De que
more 10 the fact that sellers had advanced
prieeF than 10 any falling on IN the demand,
as buyers we're bidding the previous days
quotation for the Manitoba wheat Receipts
al Northwestern points, including Du!uLn,
Minneapolis and Winnipeg, amounted 10 1.32o
cars. against 1880 last week and 10t- Tor
the corresponding week year ago. Inc IN
terror receipts Of wheat at Western points
were 1,4o+.O0 bushels, against 492oO last
week and 9U5.0O0 last year. SO far this week
receipts have been 6159Go0. against 100000
last week and 100000 last year. Cash wheat
locally was irregular. with No red 81 -
asked elevator domestic. and 81 22A asked
anoat: No 1 Northern Duluth, 81 l34s'
and No hard winter 81 21ss o b aAoat.
Doth nominal Reports OF a strike of grain
handlers at Buffalo factor OF the latr
advance in wheat. CORN-COru was rather
quiet. but showed very steady uudertone-
Values moved within a narrow range, but
there was an absence Of selling pressure ana
bears seemed tinlid about taking risks on the
short side. The weather was very favorable
for curing the new crop and reports gen
orally regarding the outtGru or the crop were
highly satisfactory. Cash houses We're mod
erately active BUYERS early and this. together
with the hTGlneSS IN wheat, resulted N an
active covering movement on the part OF
shorts. and served to hold the market arm.
Receipts were moderate, amounting 10 2Il,0oO
3j4 600 last week and $4,000 last year. The
movement far this week was l-4N9, 600,
year There were predictions OF sharp IN
crease in the movement Of new corn in the
near future, but the daily carlot receipts were
somewhat under the estimates. while the esti
mates for the next day were small. indicating
no pressure in the immediate future No >
corn here closed 69c elevator, 69IAc delivered
and 69l2c o adOat No yellow. IOiac, all
nominal OATS-Oats were quiet and without
special feature, but prices were steady, iufu
enced TO a large extent by the hrmness in
wheat and corn. Receipts were moderate ar
Western points and the market responded
easily to buying BY speculative interest IN the
West Spot houses seemed inclined TO sell
the December position, but there vas good
demand for May. Spot markets we're quiet.
but showed a very steady undertOne. The
local cash market was also quiet with mixed,
70 TO 50 H. quoted nominal; natural white,
90 10 % To- A. 946c and clipped white - 10
40 10. +844 4Si3e. REE-Market quiet. No
Western. slSsc nominal, ( o b New York
BARLEY-&aTket quiet Feeding, 81 a 63c
i New York.
NEW YORK PRICES.
sSsbsr M@sft PPsh s HSe 81 i 9% 81 J9ss 1872 81 d9 1