| OCR Text |
Show WHEAT IS ACTIVE AND PRICES ARE AGVAHGSHG Sentiment Throughout the Day Is Bullish; Receipts Are Small. CHICAGO, Oct. 12. Firm cables and small receipts in the Northwest caused strength today in tho local wheat market. mar-ket. At the close wh'eafc for December delivery wasup Viic. Corn was up ViC. Oats showed a- gain of c. Provisions wore 5c higher. Sentiment in tho wheat pit was bullish bul-lish all day, and an active demand, was in evidence the greater part of the session. At tho start-the market was influenced by a moderate advance at Liverpool, which, it was said, was due to decreased shipments from Argentina. Argen-tina. Despite favorable weather for. the movement of the spring wheat crop, receipts today at Minneapolis and Du-luth Du-luth were only 649 cars, compared with 905 cars the corresponding day a year ago. Demand throughout tho "day was quite general, being distributed among local shorts and several loading com" mission houses. There was also some buying by bull leaders. The May option op-tion was the favorite among buyers. Late in the day trading became less active, but prices were well maintained. The market closed firm. December opened V-c to Vc higher, at 74(a74c, sold off to 7474i4c, and closed at KANGE OF. THE LEADING FUTURES. Whoit Dec 74 A 74 A 74 Vi 7-1 M 5Iav ... 79 79 Vi 75 i 79 Corn Oct 4-1 .4 4-1 ii. hi 44 Dec .... 41 42 414 42 May ... 43 4314 42 43 Vs Oats Deo ... 33 34 33 Vi 34 May .... 34 y4 35, 34 H 35 i July ... 33 i 33 ti 33 33 Hess Pork, per barrel Jan 13.70 13.70 13.G2VS 13.67VS Lard, por 100 poundt. Oct 9.20 0.22Vi 9.20 9.20 Nov .... S.87U S.37U 3. SO S.S2Vi Jan S.10 S.12Vi 8.05 8.12 U Short Ribs, per 100 pounds Oct ... S.15 8.15 8.15 5.15 Jen 7.40 7.42Va 7.3736 T.42V4 RANGE OF THE LEADING FUTURES. Cash quotations wera as follows: Flour, steady. "No. 2 spring wheat. C30c; No. 3, 73Vi79c: No. 2 red. 71V7iy4c No. 2 corn. 45 45 hie: No. 2 yellow. 45 Vi 45 rc. No. 2 oats. 33 Vic: No. 2 white. 35 Vic: No. 3 white. 32V234VrC No. 2 rye, Sic. Good feeding barley, 4043c: fair to choice malting. 44 52c. No. 1 flax seed. Sl.OC; No. 1 Northwestern. SI 12 Clover, contract grades. S12.35. Short ribs, sidc3 (loose). S5.258.50: mess port, per barrel. S16 50: lard, per 100 pounds, S9 20; short cloir sides fboxed"). SS.62VS.75 Whit-l:ey. Whit-l:ey. on the basis of high wines, per gallon. $1.29. RECEIPTS AND SHIPMENTS. Receipts. Shipm'U. Flour, barrels 38.300 22.600 Wboat. bushels 73.000 59.000 Corn, hushels 231.600 273.100 Oats. bU6holt 375.100 138,100 Rye. bushels 9.000 2.400 Earloy. bushels 56.700 17.600 PRODUCE MARKET. On the produce czchango today the butter market was steady: creameries, 1925V;c; dairies. 135'22c. Eggs steady at mart, cases included. 1519e: firsts, 21c: prime firsts, 22JAc: extras. 25c. Chces i3m i-12VS(sl3c. i-12VS(sl3c. New York Flour and Grain. NEW YORK, Oct. 12. Flour Receipts, Re-ceipts, 13,100 barrels: exports. 13,500 barrels; sales were S300 barrels; market mar-ket steady, with a moderate inquuy. Wheat Receipts. 76,000 bushels; exports, ex-ports, 1200 bushels: sales, 1,750,000 bushels of future and 24.000 bushels of spot; spot, firm; No. 2 red, 79c elevator: No. 2 red, 79c f. o. b. afloat; No. 1 Northern Duluth. 3791c f. o. b. afloat; No. 2 hard winter, S3c f. o. b. afloat. Options The early wheat market developed de-veloped considerable strength and was ic nigher on firro cables and bullish A'rgenlme crop news, but subsequently yielded, to profit-taking, liberal receipts and small weekly clearances, closing steady at c net advance. May, S4Va (SM&c. closed at $4c; December, SiTsS21-16c, closed at S2c. New York Dry Goods. NEW YORK, Oct. 12. Advances were noted in bleached sheetings and fancy points in the dry goods market ' today. The large bleached goods nouses are oversold by some thousands of cases. Printers have been doing a very large business. Cotton yarns are steadv. much higher, and some agents have" withdrawn prices temporarily. The raw wool market is generally quiet, as manufacturers hesitate about paying present prices which prevail in practically all lines. The jobbers are doing a very large trade for October. Bradctreets Review. NEW YORK, Oct. 12. Bradstreets. tomorrow, will say: The price situation as a whole is one of great strength,. October 1 prices being at a record level. For the week the features in speculation have been the slowness of dealings in grain at small net changes in price, and tho sharp fluctuations of cotton, due to contradictory advices as to frost damage. dam-age. The strength of tho metal markets deserves mention. Copper has reached tho highest price in sixteen years, and iron and steel show increased stvength. All available supplies are eagerly taken despite unprecedented production. In other lines of industry activity is the rule, and labor scarcity is a cause of complaint from manufacturers, farmers and lumbermen. Great activity in trade is reported at Pacific coast, points. The wool markets are still practically deadlocked, with buyers and sellers apart and whatever advantage there is apparently is in buyers' favor. The firm closing of wool prices sustains holders' views, but manufacturers are buying only small quantities. Business failures for tho week in the United States for tho week ending October Oc-tober 11 number 192 against 13G last week, 1S3 in the like week of 1905, 196 in 1904, 203 in 1903 aud 193 in 1902. Canadian failures numbered 18, aa against 22 last week and 31 for tho corresponding week of 1905. Wheat, including- flour, exports from tho United States and Canada for the week onding October 11 aggregated '2,357,SS6 bushels, against 4,917,021 last week, 2,774,462 this week last year, 1,357,175 in 1904 and 5,536,073 in 1901. For the past, fifteen weeks of tho fiscal year the exports are 45,102,-927 45,102,-927 bushels, against 19,S73,S37 in 1905, 19.905.8S6 in 1904 and 90,57S,S25 in 1901. Corn exports for the week aro 1,202,-030 1,202,-030 bushels, against 846,099 last week, 962,474 a year ago and 857,517 in 1904. For the fiscal year to date the exports are 10,000,811 bushels, against 16,492,-891 16,492,-891 in 1905 and 9,0-17.S59 in 1904. |
