The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-08-17
MARKETS
~ Associated Pres LAased Whe
GRAIN
LIVESTOCK
WHEAT PRICES
CLOSE j STRONG
Late Rally Due to Local Buy
ing on Fears Of Frost
Over Canada

Chicago, Aug. II. - P) - Wheat
ended crratic today and prices had
rather violent fluctuations through
out the day. The northwest sold
wheat on the bulges because of i'm
proved crop prospects, but offerings
faded out on the dips.
A late rally was due to local buy
ing, much of it for short account
based on fears Of frost over Canada
and because Of law temperatures
hanging over Alaska.
Wheat closed strong ut net gain
OF y to e cent; corn was up to "a;
oats were u lower, and provis ions
5 to 10 cents down
Weather conditions in the west and
northwest were decidedly mixed to-
day. While some traders eyed with
favor the slightly warmer weather
in many of the late crop sections,
others were inclined to the belief
that the warmth was not sufficient
to prevent damage. Heavy rains and
possibilities of frost within the next
few days also attracted attention on
both sides Of the market.
Trading was not large during the
early dealings and any good buying
or selling was quickly reflected in
the action of the market. Traders
were more or less inclined to be less
bullish and the same chanye in senti-
ment was evident at Winnipeg with
crop comment from the prairie prov
inces more mixed than of late.
MILL CITY WHEAT MARKET
MAKES GRADUAL RECOVERY
MINNEAPOLIS. Aug. 17.--fR)-Wheat
was hauled up short on moderate
decline early today. and gradual re-
covery was recorred on the late trad
ing. Close was shade to N cent
higher. With fewer reports Of frost
damage in Canada, and some Of the
news from that direction favorable
except for lateness of the crop, trade
quieted down in all markets. Gen
cral news lacked punch and made
buying support Indifferent. Export
demand also fell off and cables were
! slightly heavier than due.
Oats edged up Is cent early and
broke back Nos cent below last
close. Rye futures started firm and
later resisted the efforts of wheat
weakness. Cash rye was firmer.
Firmness prevailed in barley futures,
with the cash market higher. Flax
seed futures were easy with grain.
Cash wheat offerings were moder-
ate and demand for the better quail
ity offerings was good, averaging
better than yesterday. Off color and
smutty offerings were quiet. The
general premium range was un-
changed. Durum offerings were
smaller and the market was steady.
Corn was steady to firm.
Oats were firm to V cent higher
p~,n - -
Barley was firm to one cent higher
Flaxseed offerings were confined
to two bulkhead cars.
CHICAGO LIVESTOCK
Chicago, Aug. 17.-(U. S. d. Of A. J
Hogs. $4,000; uneven; good to
choice hogs 800 pounds down 10 to q
cents lower; big bend Of decline on
weight averages 225 pounds down;
butchers 800 pounds up and packing
sows 10 cents lower; top 1890; limit
ed supply above 1875; bulk 100 ia
200 mounds 1c.0OdDTO85; 22O to 24O
pounds 9.60@10.35; 26O to 300 pounds
s.SOM9.4O; az5 to 375 pounds butch
ers 8.5O@8.75; bulk packing sows
7.25@785; lightweight 500 and bet
ter: bulk. slaughter pigs 9.5O@1O.OO:
heavy weight hogs 8.4O@9 so; medi-
UNI 9.15@1O.90; light 9.4O@le.9O;
light light 9.00@9.90; packing sows
7.00@8.O0; slaughter pigs 8.75@lO.25
Cattle, $4,000; all killings classes
yer yslow; fat steers and she stock
weak to rs cents lower; in between
grades both classes showing decline
most fed steers 12OO@l3.75; best
heavies early 14.15; long ycarlings
14.1O; grassy and short fed steers
9.00@ll.O0; st0ckers scarce; largely
7.5O@8.50; bulls steady; most saw
sage bulls 6.0O@8.5O: few CTS; veal.
} ers higher l5.5O@16.5O.
! Sheep, 1900; fairly active; gen.