Salt Lake Tribune | 1909-11-13 | Page 9 | Shots on Wheat Are Forced to Cover

'SHORTS 01 WHEAT ARE F0BCEOT0 COVER Prices Move Over Wide Range, bill Close Shows General Advances. CHICAGO, Nov. 12. Lively demand for cash wheat In tho northwest and southwest south-west prompted urgent coveting" by shorts, today, resulting In materia! gains. Corn, oats and provisions were also firm and closed at moderato advances. The wheat market was strong- all day and prices moved over a wldo range. One of thc prominent shorts was said to have purchased more than 2.000,000 bushcl3 of December wheat during the day. St. Louis reported an advance of lc to 2c in red winter wheat. Kansas also registered reg-istered a more moderate advance. Foreign For-eign news was mostly of a bearish nature. The range on the December delivery was between ?1.05 and 1.07. The market mar-ket closed active and strong, with prices only ic from thc top. final quotations on December being at $1.06?. Shipping demnnd for cash corn was again brisk, but offerings were light, which resulted in an advance of c. The close was firm, with prices up i'ic to Oats were firm, but the volume of trading trad-ing was small. The market closed firm at net gains of a shade to lc Provisions closed strong, with prices up 2e to 35c. RAls'GE OF TlTE LEADING FUTURES. Wheal Open Hich Low Close Dee 1 .054 1.07 1.05 l.Ofi? May 1.012 1.05S l.QIfc 1.052 July .... .:. 97 97? 97 t7 Com Dec 592 59S 591 59S May ... r.0 fil CO fiOZ July 601 69 601 GO? Oats-Dec Oats-Dec , 39J ' 39! 391 - 39Z May II? 411 416 411 July 398 39' 3D J 39J Mess Pork, per barrel Jan .... ...21.17 21.524 21.17 21.50 May 20.17 20.32 20.17J 20.27J Lard, per 100 pounds- " Nov 12.90 12.95 12.90 12.9.1 Jan ..,11.90 11.95 1 1. S7 11.92 May 11.42 11.15 11.12 11.424 Short Ribs, per 100 pounds - .Flint It). fi5 10.77 10.65 10.70 May 10.50 10.55 10.15 10.471 CAST! QUOTATIONS. Cash quotations wero as follows: Flour, firm; No. 2 rye. 73'f'74c; feed' or mixing barley, 52f'5fic: fall- lo choice mailing. .57 (fnfific; flaxseed, No. 1 .southwestern, $1.6fi; No. 1 northwestern. $1.76: tlmolhy seed, $3.75; clover. $9.5Qfllll; mc5S pork, per barrel, ?23.75tf?24; lard, per 100 pounds. $13.15; short ribs, sides (loose-), fllfti 11.371, short clear sides (boxed). Jll) 11.25. GRAIN STATISTICS. Total elonranees of wheat and flour wore equ'nll to IIS. 000 bushels. Exports for the week, as shown by Rradstreel's. - were equal lo 5,535.500 bushels. Primary receipts re-ceipts were 1. 160. 000 bushels, compared with 9S1.000 bushels the corresponding day a year ago. Estimated receipts for tomorrow: to-morrow: Wheal. 31 cans; corn, 200 cars; hogs, 11,000 head.