The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1911-10-07
MARKET COMMENT OF THE DAY
Evening Grain Letter.

CHICAGO. Oct. Wheat: The mar
ket opened firm at a fractional ad-
vance, easing later on scattered llquld-
alton by some OF yesterdays buyers.
Weather conditions In the northwest
were more favorable for a resumption
OF operations. The Kansas Slty mar.
ket was firm. with sales OF NO. 2 red
Al f.O1. We do not hear of anything
doing in the export department, Lo-
caliy, cash trade was very Limited.
The market continues Of a profession
al character and we see nothing az
the present to cause any particular
change In prices. Ceas, r. Lewis q Co.
Chicago Gossip.
Chicago. Oct. Corn bears say
that there will be no good In the mar
ket until ii has a break of cent or
more, as a majority of the trade has
tired of the bull side. 1t Is said that
commission houses are mostly long
ON December and that house clean
ing Is needed to put the market IN
good shape. Leading holders VINO ala
the selling on Thursdays bulge were
not in evidence. There was one line
Of long corn sold out for northwest
ern trader and some of the local Dulls
who bought Thursday unloaded part
OF their holdings. 1t was claimed Dy
the bears that a majority or local pro-
fessionals have bought all they can
take care Of and a drop OF " cent
would stampede them. Bulls In dis
GUESSING the market last night said that
the country was selling no old corn
and reports from many stations In
Illinois said that the old crop had been
cleaned up Bulls said that they dld
not expect prices to advance every
day, and they look for continuous
rains Bear predicted that with few
days of good weather there will be a
greatly enlarged movement of old
corn and more offerings of new. New
corn was lower yesterday while ola
was higher in all markets.
Morning Grain Letter.
Liverpool. oct. THE steady close
In Winnipeg and the strength In
Paris was offset by the heavy Amert-
can shipments as shown by Bradstreets
and values were u to Y lower. Later
the undertone became firm with offers
light and prices advanced II to ~.
shorts covered on the firmer Canadian
and also Plate offers of new wheat and
expectations of smaller worlds snip
ments this week. Reports of very
poor grade at Winnipeg and unfaVor-
able weather in Canadian northwest
cused outside support. AT the close
the market was steady and unchanged
"a y
Corn: The undertone was easier
and after opening unchanged to Is
lower. further declined " The fore
cast OF fair American shipments TINS
week off set the strength in spot and
fewer American offers. BroomhaH.
Live Stock Receipts.
Chicago, Oct. Hogs. 5000; left
over, 4444; prospects steady to cents
higher; light, $6.10@6.77; mixed, $500
n6,S5; heavy. $5.9066.80; rough, $3.50
0615; cattle, 500: slow and weak;
sheep, 1000; strong.
Omaha-Hogs, 100; cattle, 100;
sheep, none.
Kansas City-Hogs, $500; cattle,
1900; sheep, 1000.
Grain Receipts.
Chicago, Oct. Wheat As; last |
year, so cars; corn. 1856; last year. 179
cars: oats, 223; last year, 154 cars.
nneapolis--Wheat, 1855; last year. !
200 cars.
Duluth-wheat. 4s5; last year, 28s
cars.
winnipeg - Wheat. Sal; last year,
776 cars.
Closing Cables.
Liverpool, Oct. 7.-Wheat closed un-
changed to u cent higher; corn quiet, |
X cent lower.
Paris-wheat closed q cents high |
er; flour. IN 02& cents higher.
Berlin--Wheat closed n cent higher. |
Buda Pesth-Wheat closed V cents |
higher.
npAIM pErEIn-R