Omaha daily bee., 1891-11-15

New YORK, Nov. 14.-Cuhn & Co. to Cockrell
Bros Louden was II very moderate seller at
the opening. The buying was Of the very best
out the session, This weeks fluctuations have
been interesting on account OF the fact that
the market has shown real strength. 1t
opened on Monday very depressed and since
then has been hardening every day and today
bull market. The railroad new is all of the
most favorable character. The only thing
that seems to trouble them is that they have
not enough cars to move the tremendous lot
of stun that is offered them. The Chicago,
Burlington s. Quincy Is practically emoar-
f fpsIs6, "nG for they "ae eo s1 ieS' OF SF''G day so ret TSe
bank statement today was better than
expected and showed an increase of $4,000 %.
The Atchisou road continues to roll up its
regular weekly increase and when the corn
begins to leave the features will be all the
large advance in stocks, The small margin
holders have been hakcn out. Stocks are
held in iirmer hands and money continues in
lie will take an active part in Wall street.
CHICAGO, ILL., Nov nmswartz, Dppee &
ruled weak. all day, Notwithstanding the cor
~rcction in the s%o-called Russian crop report;
account, foreigners doing apparently but lit
tie. Rumors In regard to prohibition were
conflicting and will undoubtedly continue SO
until it is either officially announced or de-
MED. At the close there was n, rally
caused by, buying by a large seller Of puts,
who took this course 10 keep the market above
the put price. Northwestern receipts con-
tinue large and are likely to for some uime to
come. although the exports since September 1
are 30, 100000 IN excess of a like period last
year. The available supply since then has in
creased 3%t!OJt,eOO bushels as against m,OO0,OOO
increase in 1890, and in making these
figures the stocks in private warehouses are
undoubtedly largely underestimated the
0JO bur, though kradstrect figures on l.5OO,oCO,
Corn was tirmer on small receipts today and
Il dgind so simRIe 19r s M%qGny; w bY s sS,ms-
in the situation. Provisions were strong.
pork showing an advance of from 70 to 25c
Lard and ribs Toe. One cause OF the %irinness
is the disposition on the part OF outside hold
ers to change their December holdings into
January, and an effort on the part of packers
TO work prices to Il point where sales are
likely to show better margln for profit; AS 1t
hig her bCIore another selling movement Sets
CCuIcAGo, ILL.,. Nov. 14-Kennett, Hopkins &
Co. to ;. A.. McWhorter: On the shake out
yesterday bears were able to cover their short
lines ut II profit the LONGS letting so ON the
alleged Russian crop report. This completely
changed the tone of speculation encouraging
bears and disGouraginF bulls, 1t extricated
shorts from what seemeSd4 n tight corner and
disioiged Il good deal OF long wheat that had
been firmly held. So faris can he learned the
report whs unfounded. The report does not
appear In the newspaper rs and II matter OF such
Importance would be like y to appear there If
correct. The mischief has Teen done, how
ever, ana II may take some time to restore
condolences. Bears have been putting out
fresh lines today and are more confident than
WI pth DA'Ns "ohAu " NhlO ~
go short on this break. The out
look is too indedHlte TO venture as
an opinion as TO the Immediate course Of
prices, Exports are increasing and the for
eign demand shows no abatement, In corn
ana oats the market reacted on covering by
shorts. IL had been weak for SOME days, the
decline considerable and shorts were willing
to accept profits. We do not look for much
more reaction in corn and would advise sell
ling the long futures on. hard spots,
Provisions were strong, The short interest is
quite large buGn,t particularly alarmed at
nEespnt. ana there Is no Indication DI n matnF-
ial advance right away, We think lard is
especially u good purchase at present,
CHICAGO, Ill, Nov. lI.-Counselman & Day to
Cockrell Bros; The local bear combination IS
dlsunlted and some heavy traders hay We swung
TO the long side althOu-h the professional
bears Will no doubt be short sellers again on a
fair ad vance. No Important news was received,
In the main opinions are not materially
changed and IL WI p%rabohiy require sc lluct-
uatlon to clear the market OF existing open
trades. The forei-n situation must remain
the prominent feature IN speculative trading
and they seem 10 favor purchases on all good
breaks. Corn, oats ana provisions were all
hrmer from start TO finish and closed at about
outside prices and looking upward.