Omaha daily bee., 1894-04-02
OHIcIGO GRIM MARkErs.
Features of the Ira ding and Closing Prices
on saturday.

Features of the Ira ding and Closing Prices
on saturday.
CHICAGO, March S1.-The mild weather
and the reports from the country that wheat
had received no damage whatever from the
recent freeze caused that cereal to rule weak
and to close from hc to sc lower than 1t.
did yesterday. The corn and oats were eX-
tremely duh and inclined to weakness. Pro-
visions were weak without any wavering of
that feeling.
Wheat opened strong but not very active
at from 607sc to 81 for May. The local crowd
had at that price a great many ives aud tens
of long wheat, with from 1925 to 1920
profit and that on the bull side proved too
strong a temptation for the average scalper
to resist. There were also many changing
orders in the way Of the selling of May and
replacing it with July and September, prin-
cipally into the latter delivery at from 3Ac
difference, narrowing during the operation to
&c. Counselman, Day, Adams, Samuel. Clifford
ana Schwartz-Dupee were the most active
sellers of the May opening. Many of the
selling orders were said to have come from
New York. The market turned Immediately
after the opening and in a little more than
half an hour May declined to 6OAc, or &c
below the highest point at the start.
Chicago receipts were % cars; Minneapolis,
1872 cars and Duluth, SO cars. a year ago
the receipts for Friday, which was a holi-
day, and Saturday were reported together
and amounted: Chicago, 80 cars; Mime
apolis and Duluth, 1,13O cars. u.
Bradstreet's reported the weeks exports
of flour and wheat from both coasts at 1906
$50 bu., against 2,343, 900 bu. on the
previous week. Since January l., 80, 943, 600
bu., compared with Il, 1855, 900 bu. for the
corresponding period of 1893. The market
continued to rule weak during the greater
part of the remainder of the session. There
was a rally to 6012c, and then a gradual
fighting decline to 601sc, with a sale or two
as low as 60c. The closing trades were at
from 60hc to 60Ac.
The corn market was again very dull, and
the price fluctuations, as for some days past,
were largely influenced by wheat. The mar
ket opened firm, at 1880 for May, and before
the firm feeling evaporated 37&c vas real
lied for one or two fves. When wheat
dropped off there was a corresponding move
ment in corn. There were temporary raj
lies of Bc from the bottom price quoted, but
the continued weakness prevented them
from sticking long at a time.
Only a fair amount of business was trans
acted in oats. Sellers were in the majority,
and with their offerings and the weakness
in corn and wheat, the price fell off from
&c to Ac on near futures. The more re-
mote deliveries were comparatively firm.
The market for May opened where it ended
yesterday, at 31asc, sold down to 31bc, and
closed at that price.
There was less activity in provisions, and
prices were generally on the down grade.
The run of hogs for the first part of the en-
suing week were expected to be liberal, and
that was given as the reason for the weaker
feeling. The days receipts were 90, 900
head, instead of only 5000 head, as had
been talked of yesterday, and that gave the
market its initial decline. The longs were
credited with supplying the most of the
days demand. The more radical weakness
which followed did not develop until the end
Of the session. in which pork sold at $1.50
and closed at S1.52h, against 81. S21k at the
close yesterday. Lard wound up at S6.771a,
with S7.O7, and ribs at s5.921k,
against Sc yesterday.
Estimated receipts for Monday: Wheat,
26 cars; corn, 290 cars; oats, 2G0 cars; hogs,
"a 900 head.
The leading futures ranged as follows: