OCR Text |
Show RAINS II NORTHWEST MAKE WHEAT STRONG Market Weakens on Profit-Taking, but Regains Loss When Shorts Coyer. CHICAGO. Aug. 31. The wheat market opened firm, tho September delivery being be-ing up Vigc t0 yjjQi&c, at 78(0790. De-comber De-comber was up 'xa;&c to f?4C. at S0fi SUc. Tho chief cause of tho initial ilrm-no.ss ilrm-no.ss was general rain In Minnesota and the Dakotas. with rain in the Canadian Northwest. Soon after tho opening an official forecast of additional rain In the Isorthwest guvo further encouragement to bulls. Tho market derived Increased strength from tho firmness of tho Liverpool market. mar-ket. Higher prloco In tho English grain center was said to bo tho result of bullish advices regarding tho German crop. For a. tlmo the offerings hero aflor tho opening open-ing wero light. With a fair demand from shorts, Soptombor touched 7c, while December held firm at the Initial figures Later tho market weakened on liberal proat-taklng In September, tho prlco of that option declining to 72Vic Meantime December sold off to S0c. Roports of Increased In-creased receipts at primary points started liquidation. During tho last half hour practically all of tho loss was regained on renewed covorlng by shortd. Tho market mar-ket closed firm with Soptombor at 7S(8 TSc, and December S,c higher, at Mc. The corn mnrkot was Irregular. Continued Con-tinued clear weather was the chief factor in tho situation. Tho macet closed steady. Septombor opened unchanged at 53M;C, sold to G3c. and closed at 63c. De-comber De-comber closed WffsC un nt -13Vic. Tho oats market was 3leady. September Septem-ber opened unchanged to a shade higher at 25ifc32Sc. sold ofT to Xc and closed at tho lowest point of the day, Dccembor ranged between 2Cv(4c and 2Wic, and closed a shado higher at 2Cc. Under active support from leading pack-era, pack-era, tho provisions market was firm, notwithstanding not-withstanding a moderato demand In tho price of llvo hogs. Soptembor pork closed 15c higher; lard Ec up, and ribs 7Vc lowor. RANGE OF THE LEADING FUTUrtES. Articles. Open. Illgh. Low. Close. Wheat No. 2 September 73 79ft 7SVi 73 DccemDer S1V6 SIM, S0K 81 M5.y SIVi M MH Corn No. 2 Septcmbir, old St CI G2 U74 Dccembjr, new Ui W4 C2i M December, old T, 4514 December, now Z 43i, Oft 43 Mny 43?4 42T4 43 Oats No. 2 September 2S 2iH 2iH 23tA December 2i 25 2CH 26ai May 2SV4 23 2STi 2S Mos Pork, per bbl. Septombor 15. M 15.50 15.57A October 15.15 15.35 15.15 16.30 Lard, per 100 lbs. -ptcnibcr 8.10 S.l.'Vi 8.10 S.10 Novembtr 7.70 7.7214 7.70 7.72V October 8.15 8.20 S.15 S.15 " Short Ttlbs, per 100 lbs. September S.S714 E.90 8.8-) S.M Octobor S.JIVj 9.0) S.90 S.M CASH QUOTATIONS. Flour, cany. No. 3 spring wheat. SSftSCc: No. 2 red. 7S'4Cr73Hc: No. 2 corn. C34C&to; No. 2 yellow. Wv4Cf4Vic; No. 2 oats. 254c; No. 2 whlto. 27UCiSc; No. 3 white, JiMIWHc; No. 2 rye, COc; food focdlni; barloy. 3738e; fair to cholco maltlnp. 42T4So; No. 1 flaxseed. $1.06; No. 1 Northwestern, $1.12; prima timothy seed, t3.6-yC3.65; mess pork, per barrel. J 15. iSff 5. CO; lard, per 100 pounds. JS.10- short ribs sides (looso). JS.S0ff8.65; short cle-nr sides (boxed). Ji.S7HG9.12Vi: whisky, basis of high wines, J1.29. RECEIPTS AND SHIPMENTS. Articles. Itocolnta. Shipments. Flour, barrel 1 25,500 49.000 "Wheat, bushols C5.000 30.&M Com, bushels 392,000 731, 000 Oats, bunhelu 220.M0 1S4.000 Ryo. bushels 4,000 Barley, bushels 20,000 4,000 PItODUCE EXCHANGE. On tho produce exchanco today tho buttor market wm easy; creameries, 17C20Hc; dairies, WiQWAc Ekbb. weak at mark, coses ln-rludod, ln-rludod, 16c; firsts, 17Vic; extras, 21Vic Cheeso firm. HCHc. |