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Show WHEAT IS WEAKER BUT CLOSES STEADY Influences That Control Grain Market Tuesday Are Somewhat Some-what Bearish. CHICAGO. Aug. 30. Desertions from tho bull side were numerous today because be-cause of the poorness of tho export call for wheat. The consequent decline resulted re-sulted In moderate sales to exporters, but It Is not certain that the wheat was sold to go to Europe A steady tone prevailed at tho close, although the final figures were at the lowest of tho session and showed a net drop of Jc to 3f?fte. Corn at the end of the day was c lower to 3c higher and oats, ic to 8e lower. Provisions had an irregular wlndup, a shade off to 121c up. Weighing on the wheat market was a big burden of hedging sales. Primary arrivals were almost doublo those of a year ago, and simultaneously came news that European visible supply had increased in-creased nearly 4.000.000 bushels for the week and Is now 73.1S0.000 bushels, against 46,150,000 bushels at the corresponding cor-responding time Jast year, when the week showed a decrease of 400,000 bushels. bush-els. Tho world's available total was computed com-puted as being 51,000,000 bushels greater at present than was the case twelve months previous, Influenced by such bearish considerations, September liquidation liqui-dation was a considerable force today. Warehouse men were tho chief purchasers purchas-ers of that delivery, selling other months, mainly December, at Increasing premiums prem-iums for the deferred options. December Decem-ber ranged from $1,0311.031 to $1.0415 1.04 and closed f,c to 3c off at SI. 03 to $1,033. In the corn market there was much selling on a bulge, following a forecast of frost. December varied between 573c and 5SgfJi581c and closed lc to fic up at 57Xc to 58c. The cash market was weak. No. 2 yellow closed at 60361c. September liquidation In oats was quite severe. December fluctuations were from 362c to 361c and Hie close was JSc to c down at 361c to 36c. Pork closed 121c higher to a shade lower; lard a shade: down to 21c up, and ribs unchanged to an advance of 10c. RANGE OF THE LEADING FUTURES. Wheat Open. High. Low. Close. Sept 993 902 99 991 Dec 1.04J 1.04 . 1.03 1.033 May 1.09 1.09j 1.0S 1.0S3 Corn Sept 60 602 59S 591 Dec- 571 5S1 573 5S May 60 i 603 59 1 60 Oats-Sept Oats-Sept 333 33JI 331 33 Dec 361 368 361 36 May 39S 393 392 393 Mess. Pork, per barrel Sept 21.30 21.371 21.20 21.35 Oct 21.071 21.15 21.05 21.121 Jan IS .65 IS. 771 IS. 65 IS. 75 Lard, per 100 pounds Sept 12.10 12.15 12.071 12.121 Oct. 12.121 12.171 12.10 12.121 Nov 11.65 11.721 11.65 11.671 Jan 10.70 10.77 10.671 10.70 Short Ribs, per 100 pounds Sept 12.30 12.421 12.321 12.321 Oct 11.95 12.10 11.921 12.05 Jan 19.75 9.S21 9-75 9.771 CASH QUOTATIONS. Cash quotations were as follows: Flour, steady. No 2 rye. 72(fi731c; feed or mixing mix-ing barley, old. 55fr00c; fair to choice malting, new 6Sifi)72c; llax seed. No. 1 southwestern, $2 37. No. 1 northwestern. $2.49; timothy seed, $6.50)7.10; clover. $7.00(5)13.00; mess pork, per bbl.. $21.50 21.75; lard, per 100 lbs.. $12,121; short ribs, sides (loose), $11 75(512.371; short clear sides (boxed). $12.50 12.621. GRAIN STATISTICS. Total clearances of wheat and flour were equal to 133,000 bushels. Primary receipts were 1.320.000 bushels, compared with 680.000 bushels the corresponding clay a year ago. Tho world's visible supply, sup-ply, as shown by Bradstroet's. Increased 772.600 bushels. Estimated receipts for tomorrow: Wheat. 154 cars; corn. 509 cars; oats. 462 cars; hogs. 17,000 head. |