Salt Lake Herald | 1907-07-14 | Page 29 | Grain and Provisions

GRAIN AND PROVISIONS Chicago July damage reports from the northwest caused a ic advance In wheat on the market toda today At the close the September delivery showed a net gain of c Corn Com was UP c Oats were c higher Provisions were 7 to lower The bullish feeling which developed In Inthe Inthe the wheat market late yesterday was again In evidence at the opening today and throughout the entire session the market continued strong There were lib liberal liberal eral purchases b by shorts and also heavy buying for Investment by the leading bulls The situation In the northwest was agaIn the domInating influence al although a though the market derived some strength from short crop reports from the south southwest southwest west An advance ot of more than id In the price of wheat at LIverpool Imparted con considerable considerable strength to the local market at atthe atthe the start The smallness of at prImary re receipts was as a bull factor late In the day The market closed strong September opened to c higher at 94 to 94 sold off to and then advanced to The close was at 94 There was only a moderate volume ot of trading in 11 corn com but the tone tono or of the mar market market ket was wa firm The strength of at wheat was the chief bullish Influence The close was steady September opened c high higher r rat at sold between 1 and 54 and closed at 54 Trading tn in oats was active and prices scored an advance of nearly ic Crop dam damage damage age reports which kept pouring In from all sections were the main reason for tor the strength September opened 1 14 to c higher at 39 to 39 and advanced to 40 The close was at 40 Provisions were Quiet and e easy y LIberal receipts of live hogs at western packIng centers Induced moderate selling b by local which caused the easier feeling At the close September pork was off 10 lard was down and ribs were lower The leading futures ranged as follows WHEAT Open I High I Low I Close July 91 91 91 91 91 Sept 9 9 94 94 Dec 98 90 CORN I Open I High I Low I Close July 54 4 i 64 4 53 t Sept 5 IH 4 54 4 1537 54 Dec 52 I I 5 2 52 May 53 3 63 4 OATS I Open I High I Low t Close July 44 44 Sept 39 40 39 IH 40 Dec 40 41 May Ia 42 44 I 42 i 42 s MESS bbl I Open I High I Low I Close Sept I 1635 1637 I 1632 1632 lbs Ibs I Open I High I Low I Close Sept I 1 I I Oct 4 I J I I I 1 SHORT lbs Ibs I Open j I High I Low I Close Sept I I I Oct I 85 Cash quotations were as an follows winter patent straights spring patents 90 straights 4 bakers 25 2 spring No 3 1 No 2 red ComNo 2 M No 2 yellow 54 61 Z 2 44 No 2 white fj 47 No 3 white 47 2 85 feeding W 8 fair to Choice thoice Flax I northwestern 1 Timothy grades 1560 1550 Short loose Mess bbl 16 16 lbs Ibs clear boxed or of high wines Articles I Rec t I Ship Flour barrels I Wheat bushels I Corn Oats bushels Barley bushels I 1 1500