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Show GS99 DM FOR SHIS II 1EH 1IET Favorable Weather Reports Cause Selling and Make Tone Heavy. CHICAGO. July 19. Wheat prices on tho local exchange declined today more than Ic because of selling due chiefly to favorable weather for the new crop. At tho closo tho September delivery was oil' 1 ft 11c. Corn was down Sc. Oats showed a loss of ll'c Provisions were 7Ac higher. The boars were In complete control of the wheal market and a heavy tone pro-vailed pro-vailed nil day. Trading, howevor. was not In large volume, chiefly because of the slack demand. The chief weakening influence was the weather in the United States and Canada. Crop damage reports re-ports continued to como In freely but failed to arouse any bullish enthusiasm. The markot closed weak, with prices almost al-most at the lowent point. Scptombor opened ifcic to fif?!c lower at 93.1c to 93ge, declined to 92292Ic and closed at 927.C. Tho corn market closed weak. September Sep-tember opened lJc to c lower at 525c, sold oft to 52Jc and closed at 52ai52Jc. September oats opened unchanged to a shade higher at 38Sc to 388(353c, sold off to 3Sic and closed at 3S:3Sac. Provisions were firm, trading was quiet At the closo September pork was up 7Jc; Inrd and ribs wero also . up 7c. RANGE OF THE LEADING "FUTURES. Wheat Open. High. Low. Close. July aoj 914 9oa 902 Sept 933 932 921 925 Dec- 97a 97i 96g 961 May 1.02 1.02 1.01 l.Oli Corn July 524, 528 523 52J Sept. .. .... 53V 53b 522 525 Dec 501 h0 49t 50 May 515 52 518 oil Oats-July Oats-July 433 43J 43 433 Sept 383 385 3S 3Si Dec 393 393 39 39 May 41J 41J 401 41 Mess Pork, per barrel Sept 16.50 16.50 16.50 1650 Lard, jior 100 pounds Pept S.95 9.05 8.95 9.02J Oct 9.00 9.071 9.00 9.07J Short Ribs, per 100 pounds Sept 8.75J S.65 S.57J S.65 Oct. 8.00 8.62J 8.60 ' S.62J CASH QUOTATIONS. Cash quotations were as follows: Flour, easy; No. 2 spring wheal, 99nf?)$1.00; No. 2 red. OOBtfTOlic; No. 2 corn, 523g53c: No. 2 yellow. 53c; No. 3 white oats, 43246c; No. 2 rye. 85c; good feeding barley. 50 .5nc; fair to choice malting, 59(a)63c: No. 1 Northwestern flax seed, ?1.22; prime timothy seed, $1.65; clover, contract grades. $15.60; short ribs, sides (loose). JS.37 8.623; mess pork, per bbl., ?16.30S 16.40; Inrd, per 100 lbs.. JS.S2J; short clear sides (boxed), $8.75(9.00; whisky, basis of high wines. $1.31. RECEIPTS AND SHIPMENTS. Articles Receipts. Shipments. Flour, barrels 18.200 6,200 Wheat, bushels 25,000 57,900 Cora, bushels 275,400 421 600 Oats, bushels 138.000 228 300 Rye. bushels 1.000 Barley, bushels 19,800 PRODUCE EXCHANGE. On tho produce exchango today tho butter market was firm; creameries 21(5) 2oc; dairies. 18i22ic Eggs, firm; ift mnrk. cases included. 13g)14ic; firsts H$?;nPTim& nrsU!' 1Gc- Cheese, steady 12Q)'13jc. ' New York Flour and Grain. net loss. July closer n?wJ c:.:,",1'0 Eradstroot's Review. moTSw" ZTkJ11 M-BradBtrcer. to-iiVo.all,,cr to-iiVo.all,,cr conditions still favor season than ordinary qulctudo in wholesale llno as a result of midsummer conditions and he reign of the vacation season Retail Re-tail trade especially Is turning out rather bettor than anticipated and cleaninco 5?,e.5ro, fr?oly Patronized. Incllcaffi that the buying power of the country j maintained at a high level. v-uu,,l,y 13 Fair activity with firm prices Is notd 1" W00l- ,LarffG sales ar w? The firmer London markot where Americans are reported buying freely of deslrab 0 staple wools and light domestic stocks markot for steady prices. Manufacturers uppear to have bought freely in the country coun-try of late and Western supplies aro well cleaned up. Conservative buying of shoos koti- ' ntCd in th lcaln ar- In tho leading industries thero aro somo cross currents. Iron and steel are quieter as n whole with pricos tending to ease, while copper is lower and stocks reported accumulating. In tho shoo trade business busi-ness la moderate. Special activity is notod In tho Western West-ern coal trade, whero many mines aro running full tlmo. Supplies in the Northwest North-west aro reported small. Tig Iron markets aro still In a lethargic condition. Urgent demand for spot supplies sup-plies has disappeared and producers show a greater disposition to rush shlpmonts. The impression Is growing that production produc-tion is gaining on consumption and manufacturers manu-facturers feel that prices which aro now steady at the roccnt decline must recede. re-cede. Tho movement In foreign lions In about ovor and in order to make gales concessions have to be made, Coppor has again receded In price, but new business has not developed to any extent and lower prices are looked for. Stocks are scld to be quite largo. Wire, sheets and brass aro also lower, the reduction amounting to about 4 cents por pound. Spelter, lead and tin aro weaker. Bii3lnesn failures In the United States for the week ending July 18 numbered 177, against 1S5 last week. 188 in the like week of 1906, 105 in 1905, 150 In 1904, and 193 In 1903. Canadian failures for the week number num-ber 26, against 2S last week and 18 a year ago. Wheal, Including flour, exports from the United States and Canada for the week ending July 18 aggregated 2,210,-770 2,210,-770 bushels, against 3,264,713 last weok, 1.535.967 this week last year, and 5,221.-380 5,221.-380 In 1901. For tho first three weeks of the fiscal year the exports are 7.574.-3S8 7.574.-3S8 bushels, against 5.533,584 In 1906-7, and 1.4,025.668 In 1901-2. Corn exports for the week are 2,066v 967 bushels, against 1,411,655 last yeok and 837,162 In 1906. For the fiscal ycir to dato tho exports are 4,SS9,446, against 2,128,450 In 1906-7. St. Louis "Wool. ST. LOUIS. July 19. Wool. steady, medium grades, combing and clothing, 2426c; light fine. 273'2Sc; lino, 17g)19c; lub-wa.ihed, 2536c. |
