Omaha daily bee., 1890-07-15
The SPECULATIVE MARKETS.
Wheat Market Slow and Narrow, With
Slight Rally at Noon.
CORN SADLY DlSAPPONTS THE BULLS,
Oats Open Strong onCountry Buying
Ord crs--Vcry Little Outside
Business In the Proyls-
ion Trade.

CHICAGO July 14.-tSDeclal Telegram to THE
BEE. l-CobslderIng the news the wheat market
was hcavytoday. The big head OF steam on
In com on the curb, and ut theopcnng, hel ped
to start wheat at better 6gurcs but there was
no advance from the opening. The visible
supply figures came in slowly, Chicago
sho wed "a large decrease OF 21I.M0 bushels
Miunea polls $4,000 dec rcasc, mile New York
dccrcasedbu l5]OCO The large increase Of
@S, 900 bushels at Buraloand lJ3.0O In store
and lC0.W0 anoat at sc. Louis, was un-
aGNpcded For time II looked
as II there would be small
increase inst cad of the JO.0oOdecrease anti icl-
pat ed Saturd av The oacial figures OF !. On
100 bushels against llsI,WO bushc Is, a decrease
from last year. New York cleared 10000
wheat and some -four and reported pretty
bullsh continental ca bles Liverpool cables
wercHrmfor spot and futures The extreme
hcntof Sund ay In the north west was folio we'd
by high wndsand hard rains ut many Dakota
points last n light. and high mpemt ure n gain
today. The news from that quarter
was bulish in the extreme as no
crop can flourish under the condit ions
reported. North wcstc rn orders we're to sell
wheat In this market Northwestern country
stocks decreased FOR thewcek 10000 bushels.
NJ uch OF the wheat bought on the curb and aU
the Opc ming was sold out the first hour leav-
ing prices under the Saturday figures. There
wasa little rally about noon, but the m arket
was slow and narrow. July started at Sc
andsoldat s7sc onthc decline. August sold
at fNlsc Off TO ss,sc to sSaic to Ss1sc; Sept
,em9er opened at Pas sold at @,sc of of
rally to- Uc before o. clock December, ol5sc
TO Die toSlase Visible supply figures. sho wing
until near the close OF the session. There was
a temporary rally in SCpte emher fromSO 80 to
0o1tc, but aside from This there was little
change. The closing prices were idcn teal with
Saturdays fgurcs-luy S1Iic, August sSnc,
September s0sc and December oiHc.
The corn market was II strong one at the
opening butthe resultof the day was II disap-
pontment tothc bulls. The weat her condi-
bN.lish. BlisteriW hotweather was reported
Over X ansa and Nebraska n, withdry and high
Tempe craturoin Iowa, Missouri and Illinois,
when he IN ar etOpcned at l0:D all futures
were up 1c from the close Satu rday. The
mick < Co. The strong appearance OF the
marSctcausCd shorts to jump i'm and buy
The advance was stopped by offerings Of
Hutch in9on. On the early bulge the local
crowd hstened to re alze and the best prices
were not held. July snldat Sac to37 go to
31hc; Aug us31 AiC to 3ihc to N'Sc; Sc tenn
be! soldat :S&c to3 LlC to 33jsc to 3shc; May
The oats market was strong at the opening
still furth cron the eneru bullish feeling In
all the markets early Then Hu!ch hinson
caused break by heavy selling. The las
prices we're aboutiic over the close Satu rday
July sold MT 20c to 2Oic atthccl A ugust
2shc to?s7scto 2ssc, September 2S5Sc to &7s {
togSli to 2SA6n2SEc tothe close, May 31ac tt
31Sc to3l &c to :jlSc.
The provision trade put In n day with insig
niHcant local opera tlOns. There was ltl,
outside business. There was some frmnes
only ON onaccOunt Of hogs being Sc to ljc hghe
and corn uplc. Short ribs held firm all da,
and closed higher at S3) for Snpte mber, Lart
for tho same month was 1t Si021 and n. .0l
closing at S6.02h. Mess pork for July wa
qu0tedat $500 and &lls5 at the eclose, Septem
N
new features except that the clique appea r
tObe letting pork decline slowly.