Omaha daily bee., 1890-07-24
The SPECULATIVE MARKETS.
Wheat Starts at Lower Prizes, But
Gradually Improves
THE CORN PIT FILLED WITH Traders
Oats Strcn q thcncd by small Stocks
and Moderate Rec cipts-Pro.
visonsJog Along t the
Same OLD Gate.

CHrcAGo, Jul y2].-ISpecal Telegram 20 THE
BEE. 1.-The wheat marltCtwas again bjcct TO
conflicting ncwsto ny, and with nObOldtrad-
ing by local leaders and no important Outside
orders there was mo very dcclsivoacti0n IN
prices. Onth whole the local alope atorsWcte
learisI News was more bulIsh than trade
The resultwa that the market started at
lower prices on bCarlsh s,utimcptand grad
ual y l'u provcdon prettygoDd buying till the
closing prices ofycstCrday wcrereachcd d,about
midday. Following this there was little
change upto 1 O'Clock. The action was as
fO'ows: Augusts s1llc to SSc. september so'ic
osoac to 1l TO sohc to@25c Deccmbcolhc
10 81 Sc to Ol'sc, MayDji6c t. 6i4c, Receipts
here we're about as estimated }0J cars with
but "A cars of contract wheat and
81 cars Of new wheat, For tomor-
row the estimate is argcr0t 40 cars, ing
50 cars of new wheat. Eastern owners ordered
q shipment OF 1870 bushels from chicago
today. Sew York Clcu red $1,000 bus hCls and
reported several boat IQgdSot fresh export
business at noon. PardHdVe and OF hers sold
wheat short carly ana scilperS WaSgd Tie
bearsdC, Buyers early were Driver Bloom'
COIustock BOyGcn& 90" William Young
Co.. Clifford and hmspn at times Ad-
vices from thcnorthwcst toldOf ~ good stand
In some counties with hot W inds and damage
In others Att O'Clock the market was steady
AMI guiet at about the best prizes; wheat ,GI
same II urcs for all m Oniis Ns ON yesterday,
except May, whch.Mas up fraction Clos
ber tDl4c, Dcccmberpl afc and dMayWtac,
There was urousIng big corn mar ltct before
the close today The mark 4 opened easy with
no special feature during the forenoon Re
ce pts were moderate AT BOD ears and an estt-
mate of $40 cars fOrtOmOrroM Out insIe 'tIOn
and hipments each 2iiW0 bushels, Rains were
reported in Ill nuls, Iowa, Missouri and the
northwest, but with dry GOtwinds inka rsaS
and cbras la, Liverpool was firm for spot
and tut urcs. About noon there was good buy
Ing for ~. Louis and Mccormick Co. bought
freely on sOuthwcsC rn dispatches. still later
in TO buy. Shorts hastCne to buy, not know
Ing what light come. Al pegate ana others
bought on advance Prices rose quickly and
theLit filled with oxcit cd traders, Thcbig deal
was in September and the price went from :Si4 {
early tOW1BC the top, and closed at 3oc bid,
with sales later at39Ne July and y ugust rose
to &L2c; October to 3O1sc and May to 4gla
These we're the ing prices and about &c
over last night.
The oats mark ct wa3 made strong by small
other markets, the OPEN ing was easy. but
There was disposition to bull the martc ctand
prices, after moving up l4c, held steady unit!
"a strong wave came, when oats sy mpa thHeu
to the extent of another hc advance. July
was nOminalat Rc all day. O0ercd ut that,
August sold at Mfsc to W4c to 3Obc atthe
close; ScptCmbersold at 2gBc tO9IIc to DBt
tOthc close; December wasquOod at JOcanC
May sold upto 32Sc.
There was the same slowmar rkct In prOvis
ions. After corn made It's sharp advance
snort ribs and lard sold up IA Few cents from
the bottom prices, and there were prediction:
that these products Will b0 next to feel the
bull influence Early ribs sold of 30 t'
SJ0ila for septic CnOcr. but closed ut 5l2H th'
same as yesterday Lard also sol sc lower t.
Pork closed DC lower for July at sll ~ and als
for Sc ptcm ber atSl0.W.