Omaha daily bee., 1889-09-10
THE SPECULATIVE MARKETS.
A Continuation of Saturdays
Weakness in Wheat.
GOVERNMENT REPORT TALK.
Corn Opens With Downward Tend
ency But Strength Suppiants
It-Provisi0ns Nervous
Hogs Active.
CHICAGO PRODUCE MARKETS.

CHICAGO, Sept. s.-TSpecial Telegram
to THE BEE.l-There was continuation Of
Saturdays weakness in to-day's wheat mar
ket. which was relieved, however,aby fe W
efforts TO iHfuse some spirit into It., though
this resulted IN as many relapses back to its
opening feebleness. The reasons for the
limpness were not far to seek, lying as they
did in plain view. Upon the public bulletin
boards cables were weak and lower and the
weather IN England was reported fine. Here
it was all that could be desired by the bears.
To.morrow's government report was being
discussed in the wheat pit, the majority ap-
pearing to expect some improvement in the
condition of spring wheat, which was in
some degree guide TO the preference shown
for the selling side of the market. The Wis
ible supply figures while still an uncertain
quantity, were the chief topic
of speculation, and the dropping
OF several warehouses IN Minneap.
oils from the enumeration of stocks
Mt that point caused some extra fgur-
ing by impatient arithmeticians on the floor
who cannot wait upon the official delibera-
tion. The range of prices was down to 3Sc,
December opening at 7195c, advancing to
71s4c and again up and down its narrow
range several times. closing finally at 775kc,
tina. being also the price at the close on Sat
urday
Tn, corn market opened weak, active and
with considerable selling pressure, which,
however, was quickly succeeded by feeling
of greater confidence when IL was seen how
readily the offerings were absorbed. There
was no encouragement to holders in the ex-
port movement and cables were weak and
lower. These last, however, were probably
identified by the limpness of the markets on
this side. To-morrows government esti-
mate of the present condition of the crop is
awaited with no little interest ami traders
were inclined to be cautious to-day in view
OF considerable divergence of views as to It's
probable showing. The closing prices were
September 333s 933l &c and May 3516c, against
331fc and 351sc respectively on Saturday.
Oats were devoid of special feature of
interest, ruling practically firm. A mild in
quiry existed for May at 2294@22JSc, but
buying orders were, as rule, limited to IN
side figures, and the actual volume of bus-
ness was not great Cash and near months
averaged less than last weeks latest prices.
For few cars of No. Q regular 19c was
paid. No. white oats were dull, with Sep
tember deliveries at 2ll5c.
In provisions the week opened with the
feeling nervous. Early sales, as general
thing, were made at prices showing small
advance on Saturdays closings, but the
market commanded little or no support.
There was no outside buying and among
professional traders there was no dsposi-
'tion to branch out Trading failed to ex-
hibit either feature or life and as the day
progressed values dropped down from the
mornings first level. The product all
around sold off, though, compared with Sat.
urday's last quotations. short ribs and Janu-
ary pork and lard closed unchanged. Lard
for September suffered a decline OF &c and
for October of PIC,