Omaha daily bee., 1896-10-11
COMMERCIAL And FINANCIAL
Markets Without Exception We're Strong
Throughout the Session.
CORN WAS ACTIVE, STRONG AND HIGHER
oats We're Firm and Higher. Mainly
Influenced by the Action of Corn
Provisions Were Very
Strong.

CHICAGO. Oct. 1O.-The markets without
exception were strong today. Compared
with Thursdays closing prices there is an
advance OF Sac In wheat and &C in corn. nc
in oats and S2hc per Dbl. in pork. Several
Influences combined to help wheat. per-
haps the principal one being reports OF die.
aster to the Australian crop. For a second
or two at the opening the majority of the
crowd in the wheat pit was inclined to
take a bearish view of the situation. But 1t
was only for that length of time. Then the
sentiment suddenly changed and for an
hour prices were going steadily upward,
until an advance of over 1c from the OPEN
ing price of from 6sihc to 6SAc for December
had been reached. The easy feeling at the
opening was principally caused by the
northwestern receipts. Minneapolis and
Duluth received 1,O26 cars. which. although
~ cars less than received on the previous
Saturday. are only "a cars below the num-
per received n year ago. when II was ac-
knowledged very heavy receipts OF that
season. The bears were also somewhat en-
couraged by the view Bradstreet's expressed
of the size of this years crop, which that
authority IS inclined to think will not fall
much ran ehns short sor of 800 oCO, 600 bui Among the
following: The weeks ciearances Of wheat
md nd f,our from both coasts We're again over
100000 blu. Liverpool was firm at about
Yesterdays advance of %d and reported an
SHIPMENT SaIisr eaFf &c S ca Gnsat a 4 s selnF Fr e1gaIgsd for for
egram said a cablegram from Australia 70
u reilaDie mousse reported the wheat crop in
Australia destroyed by hot, scorching
weather. The statement was a~fterwards
reiterated on another telegram and helped
70 cause, the advance to 69Mc in the first
hour. Later. however, the bull feeling toned
nown a good deal; 1t was rumored the Wis
lSls 3 s supply Hon Monday would show an increase
haye taken advantage of the advance to
sell a big line and st Louis took profits on
ABOUT 100000 bu. The price declined TO
esIsc, but reacted again and closed steady
at 69c, an advance of about %c.
, Corn was active, strong and higher. The
local receipts were below expectations. The
EXPORT business. keeps active and cables
made a sharp advance. Shorts covered and
strength was maintained. even through the
soft spots of wheat. and the closing was
nrm AT a good substantial advance. May
opened &c hieher at from 26sc to 26%c, adj
Oats were firm and higher, mainly in
fiuenced by the action Of corn. Business
Tor a saturday was very active and the ag-
gregate sales considerably in excess of the
The demand was good and the
ofterings moderate, yet sufficiently meager
70 bring about q firm feeling. May opened
sc higher at 19&c. advanced to 20Ac and
closed steady at 2Otsc. $500
ProViSions were very strong, packers were
liberal buyers and although one firm sold
quo tierces of lard the market absorbed II
and advanced while 1t was being disposed
OF. After some reaction from the top prices
heaVy outside buying orders were received
and We're the principal cause of the bullish
with which the market closed. jan
uary pork closed 221sc higher at SIS2ib: IAN
uary lard, 7bc higher at S4.56: JanIarv
ribs. 121ac higher at S3.S7b. ~
! receipts for Monday are:
cars; hogs. AZ, 900 head. ' WV
The leading futures ranged as follows: