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Show SETBACK III Tf IEST1IET Heavy Stop-Loss Selling Sends Prices Down a Notch at Chicago. LARGE STORES IN THE HANDS OF THE FARMERS Corn, Oats and Provisions Advance Ad-vance Early and Gains Are Held. CHICAGO. March 9. Bigger stores of wheat In farmers' hands than were expected ex-pected led to heavy stop-loss selling here today. Tho market closed weak at a net decline of I to 11(5)18. All other lending lend-ing staples finished higher than last night. Corn and oals were up a shade to Jtf?! and provisions a shade to 10 12 up. For the May option, wheat closed at the lowest point of the session. The only important rally that took place appeared to result from temporary over-exertion on the part of pit traders, who with might and main had bcqn jumping on prices. Thero was also genoral unloading unload-ing by owners, especially northwestern people supposed to be millers. As If to make tho situation worse from a bushel standpoint, the majority of crop reports regarding the outlook In the southwest Indicated a bountiful yielding In prospect. The comparative steadiness in Liverpool was offset bv a forecast of largo shipments ship-ments from India and the Argentine. On final decline hero some good sized purchases were 'made by prominent bear houses. Prlco changes for May varied from S9J to 903390S, with the close at 11(5)13 down at S9. Mild weaUicr made corn strong. Cash demand, however, manifested but little improvement. May ranged between 4S3 and 491. closing steady at 4R3tfji4S. a net gain of h No. 2 yellow finished at 40J g)47. Shorts in oats covered with vigor. May reached as high and low levels 303 and 30i. with last sales a sixteenth up to 302(5)301. Hog products hardened. Tn tho end pork was 10 to lOilOs higher, and gains of a shade to 2i had been added to both lard and ribs. RANGE OF THE LEADING FUTURES. Wheat Open. High. Low. Close. May 003 901 S9J, SO Julv SSi 891 S7S 87t Sept S7J SSI S7 S71 Corn Mav 4S3 491 4Si 4St July 493 50.1 40fi 493 Sept 508 51 502 503 Oats-May Oats-May 30S 303 304 301 Julv 301 '301 304 301 Sept 30 301 30 301 CASH QUOTATIONS. Cash ouotatios were as follows: Flour, steadv; No. 2 rye. S7; feed or mixing, 67(5)90c; fair to choice malting. 92595. flax seed. No. 1 southwestern. $2.55; No. 1 northwestern. $268; timothy seed. $8.00 17.00; clover. $15.00; mess pork, per hbl., $18.25(5)18.50; lard, per 100 lbs. $9,025. short ribs, sides. (loose) $9.25(59.371, short clear sides, (boxed) $9.50(g)9.75. I GRAIN STATISTICS. Total clearances of wheat and flour were cnual to 32.000 bushels. Primary receipts re-ceipts were 433.000 bushels, comparod with 653,000 bushels. Estimated receipts for tomorrow: wheat. 19 cars; corn, 212 cars; oats, 102 cars; hogs. 20,000 head. New York Produce. NEW YORK. March 9. Flour was quiet and generally lower. Receipts, 64.-025 64.-025 barrels: shipments, 3S74 barrels. Wheat Spot, weak; No. 2 red. 93c elevator and 944c f.o.b. afloat; No. 1 northern Duluth, $1.08 f.o.b. alloat. After an easier opening, due to the crop report and lower foreign markets, wheat turned stronger and had quite a sharp rally. A second break occurred In the lp-st hour, however, influenced by heavy northwest selling, and the market closed S5Uc net lower. May closed at 953c; July closed at 941c. Receipts, 4S00 bushels; shipments, none. Hops, dull. Hides, quiet. retroleum, steady. Wool, quiet- Sugar Raw, very firm; muscovado, .89 test, 3.26c; centrifugal, .96 test, 3.76c; molasses, .89 test, 3.01c. Refined sugar, quiet. Coffee Futures Steady. NEW YORK. March 0. Coffoo futures closed steady at. a net decline of 10 to 24 points. Sales, 59,500 bags. March, 10.20c; April. 10.23c; May, 10.25c; Juno, 10.22c; July. lO.ISc; August. 10.10c; September. Sep-tember. 10.03c; October, 9.93c; Novom-ber, Novom-ber, 9.83c; December. January and February. Feb-ruary. 9.72c. Spot coffee, quiet; Rio No. 7, 122c; Santos No. 4. 13.1c. Mild coffee, dull; Cordova, 133'5,153c; nominal. Flax, Oats and Rye. MINNEAPOLIS, March 9 Barlev. steady; closing rango, 66(5)90c. Flax closed at $2.66. Corn No. 3 yellow. 42(5) 12.1c. Oats No. 3 white, 2SA(Q)29c. Rye No. 2, S2(5)S3c. |