Omaha daily bee., 1891-11-15
THE SPECULATIVE MARKETS.
Trade Opened Weak With Operators I'm
usually Nervous.
ATTRIBUTED TO STONES ERROR.
Nearly Every Influence, Domestic as
Well as Foreign, Tended to a De-
cline Generally tock
and Bonds.

CHICAGO, ILL.,, Nov. 1.-THE wheat market
was quite nervous today and still showed the
effects OF yesterdays excitement over secre-
tary stones unfortunate error III reporting
Russia's cereal yield. The fact that
II number OF traders were con-
siderable losers over yesterdays sudden
unjustihablc decline and subsequent advance,
tended to promote II feeling Of tImidity and
instability, Nearly ever5 influence, domestic
a. well as foreign, tended to "A decline and all
efforts OF large holders to keep up prices were
effective only to n limited extent. Lower ca
blcs, only moderate export clcarunccs, liberal
receipts in the northwest and milder and
snowy weather In the wheat belt all contrib
uted to tho decline.
a cable supporting to come from Paris said
that from reliable sources IL was claimed
Russia would not prohibit the expectation of
wheat. This also had some effect upon the
market. The export clcaranccs from four
ports were 80, 200 packages OF flour and 5l,SOO
bu larger OF wheat than during the preceding
week. From both coasts there was II de ,reasp
OF about 100000 bu in the export. Bradstreet's
reported that since September | there
had been an increase in the avail.
able supply on both coasts of ~j0.06j.OO0
bu, against 2l.s42, 600 bu. for II like period last
year. The exports for ten weeks were HON.
D /. against l+.0W,0OJ bu. the same period Il
year ago. The export clcarances from four
ports yesterday aggregated 5ll,lOO in wheat
and flour. and New York reported twcnty-one
loads taken for export. The market ut last,
however ruled stronger. influenced by the
higher closing continental markets. DOmes-
tic markets started lower. Arrivals
IN the northwest were larger. Re-
ceipts at Duluth were 77S ears, and
Minneapo Is al curs-a total of 1,3 o, against
Ol cars yesterday and $50 cars n year ago.
Local receipts were III ears. of which lJ3 cars
were of contract grade. Withdrawals from
store, 30G. l02 bu. Receipts at all points aEgre-
gated l,4S!, go bu. and shipments from same
were 1.5l7,S0l bu. The export clcaranccs from
four ports were IS. 200 bu of flour and POI .O60 bu
OF wheat. The opening was from lac to l4c
lower than yesterdays closing figures, and
with some slight fluctuations decl.led &c
more, then advanced sac, ruled steady and
closed &c lower than yesterday.
Trading in the corn pit was not very active
except at short intervals. The continued fine
weather leading to the expectation of
heavier receipts and talk OF the railroad
yards being blocked with loaded cars
caused weakness ut the opening and
for about two hours thereafter. but
later the good demand for cash corn in
store ana to 20 to store caused some uncast-
ness among the shorts, vino found very little
for sole when they started to cover. causing
firmuesS and higher prices toward the end of
the session. November opened with sellers ut
6ll4c but no transactions were eNDcctc until
offered down to sic: it declined to5J19c, reacted
to 51dyc and closed at 5lAc. May corn opened
at from 42Iac to +2'sc, declined to 42%c and I'd
vnnccd later to &c, closing with trading at
from 421ic to I27sc.
TIT leading futures ranged rs follows: