Omaha daily bee., 1890-04-08
THE SPECULATIVE MARKETS.
Rousing Business in Wheat and Everybody
Takes a Hand,
CORN ACTIVE AND FAIRLY STRONG.
Oats Show More Strength and Better
Prices - Provisions Somewhat
Highcr-OnIy "A Fair De-
mRnd for Cattle.

CnIcAGo. April 7-tspccial Telegram to
THH BEE The wheat market was active.
broad and strong most Of the session. The lit
Tie extra charge ia telegraph messages VIII
not be mentioned by commission houses II the
business OF the pit keeps up to the pitch OF
today. II was ruusing market and every
body had q hand In IL, The country sent or
dcrs and houses getting them had to be right
in the pit TO attend to business. The market
opened with prices of all futures nearly &C.
higher. business WAS pretty well divided be-
tween May aud July May sold at sOiic, TO
tOi to NU'aC. to sN7gc, to ~ C. to sO'sc to sOa
to SOS. Al o'clock June sold at 80 .aWslc, July
tgc, to i0AW0Gc, TO i9sc, TO soc TO- 'otic.
holidays. there were no public cables. The
principal bull news Of the day va. on the dam
age to crops In this state and luduna. It.
Louis sends bullish dispatches aud their
market advanced on buying on the crop re-
ports. Tie weekly bulletin on Illinois crops
was not OF a hopeful character Logan co.
had dispatches from the convention of farm
crs in Indiana aud the extreme news was hat
they would have little wheat beyond their
own needs. Although Cudahys expert was
reported us tiudIug little damage IN Missouri,
# was noticed that Cudahy suddenly be-
Nay ay"' early mS %s @iso bopght "' July aigr IN
Mccormick & CO, Logan x CO., nunham & Co,
followed by the local trade very largely. Nis-
early, perhaps 10000 bushels. This helped the
upward movcmcnt Interest in wheat was
kept up to the close. The slight decline about
noon ON realizing sales did not last. Prices
recovered and at the close were close to the
best figures Of the day. Last prices We're:
May sOaic. June. size, July, i01ic.
There was good market in corn all day and
while best prices did not hold, the situation Is
fairly strong. May sold at Bic TO 3ltaW.Dbc at
the close. June touched 81 PC and July ~ sC.
Closing prices were: April, :Bc; June, 3liic;
July. RlGc; August. 327s c; September, :2igc.
Oats were active. stronger and higher The
feature OF trading was strength and advance
I'm July, which sold mp &c from opening fig
ures. The strength was attributable TO the
advance in wheat and corn. sharp demand
buying orders. Offerings were not large, cN-
ccpt at an advance ard caused fair rcccssions,
but last sales were at iAS lfc above last sales
on Saturday, For car lots of No. , in store
little demand existed and prices were nomi-
nally 2n a0S55c. Shippers had orders for
No. 2 White and 2jlac for No. 3 white clipped.
A scarcity of vcssel-room. however checked
business. No2 White for May was quiet with
2ii,c bid.
, Rather quiet feeling prevailed in the mar
Rct for hog products. though the tone was
lative offerings were moderate in view OF the.
strength developed In the grain market and
the higher prices of hogs while inquiry was
only fair, Eastern markets were stCadtCr and
the movement of products to and from the
city was quite large. Local operators were
orders were moderate. Trading was chiefly In
contracts for May and July, with some bust
ness In transfer at zoe difference ON mess pork,
1OMl2i2c ON lard and lGd T. &C ON short rib
sides, The shipping demand was only fair
and chiefly ON domestic account to fill small
orders, Exporters were rather backward
about purchasing. sales reported indicated
no particular change in prices.