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Show CO! MARKET HAS A 'BEARISH' DAY CHICAGO. Sept. 8. Precautions against a surprise In the government crop report monopolized monopo-lized most of the energy of corn traders today, and with good reason, for the official estimate of the 1910 yield of corn proved much more bearish than had been generally looked for. The market closed weak, He to lc net lower, with September $1.62 and December $1.31 to $1.31. Oats gained yc to 3c. In provisions, pro-visions, the outcome was a setback of 72c to $2.25. Throughout the greater part of the day dealers in corn devoted themselves to closing out open risks so as to be prepared for whatever, what-ever, the government crop report might contain. con-tain. Private reports had given no basis for any radical change In the crop outlook during August, but such Importance has recently been attached to government announcements affecting foodstuffs that trnders were not disposed dis-posed to take any chances, but rather to adopt a waiting attitude. Toward the last, however, the bears put considerable stress on the fact that the season is approaching when hedging sales exercise more or less of a decisive influence. in-fluence. Correct anticipation that the government report re-port as to oats would favor the bulls tended to strengthen oats. Absence of demand, either domestic or export, led to sharp breaks in provisions. RANGE OF THE LEADING FUTURES. Open. High. Low. Close. Corn-Sept Corn-Sept $1.64 $l.WVi $1.62 $1-62 Dec 1.32 1.32Vi 1.30 1.31 Oats Sept. 69 .70 .69 .70V, Dec 72V6 .73 .71 .72 Pork Sept 42 . 50 4 2 . 50 42 . 25 4 2 . 25 Oct 86.50 30.75 30.50 30.75 Lard Oct 20.75 26.75 26.37 20.37 Jan 23.25 23.32 23.00 23.00 Ribs Oct 21.50 21.50 21.23 21.25 Jan 10.12 10.27 19.12 19.15 CASH QUOTATIONS. Corn No. 2 mixed, $1.60; No. 2 yellow, $1.66 1.67. Oats No. 2 white. 70a73W1c: No. 3 white. 69Ca'73c. Rye No. 2, $1.401.41. Barley, nominal. Timothy, $S.50(glll.OO. Clover nominal. Pork, nominal. Lard, nominal. Ribs, $21.0022.00. |