Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1896-10-26
CHICAGO GRAIN AND PROVISIONS.
Features of the Trading and Closing
Prices on Saturday,


CHICAGO, Oct. 2i.-The wheat market
got back into the Cos today under semi
decentralization of holders who were nom
plussed this morning at finding Liverpool
opening cables showing n decline of 2isd
in the face of our advance yesterday The
market was extremely nervous all through
the session, but with n steady downward
tendency. About the only support given
to prices was by holders of puts and the
few lucky ones who stood short over night
December wheat at one time showed n
loss of &c from yesterdays close, but re-
covered nc near the end of an advance at
Paris equal to from &c to &c per bushe
Corn and oats were comparatively firm on
n big cash demand, showing declines at
the close of from hc to Ac and sc re-
about unchanged on hog receipts of 10000
head and big cash transactions in prod
ucts.
The price prevailing at the close of yes
wheat. The first transactions this morn
ing were at from 70Sc down to zoe. a sale
or two In the confusion of the start was
made at 69Ac,and very little at that mo-
ment brought over zoe, but In the course
of the next half hours business there was
gradual advance to 70Mc. Besides the
dscouragement OF the decline at Liver
pool the heavy movement of spring wheat
in the northwest again held up it's hands
| its contemplation that had previously been
| steadily looking in the direction of India
| Australia and Africa, away over the mat
| ters of more immediate concern which were
| daily occurring, Minneapolis and Duluth
reported receipts Of LOSS cars, compared
| with S35 Saturday Of the week before and
| lll6 the corresponding day of last year
| The weeks receipts at those places num-
berCd L549 carloads, against 6,6Gi the pre-
vious week and 1870 a year ago, The Ar
| gentine shipments for the week as OFF,
cially reported were double those of the
week before, but were still only $4,000 bu
| New York reported that English houses
n hn
| opening, but that numerous buying orders
| from the continent were executed at the
| same time. Very many well informed men
| thought the Liverpool decline was en-
| gineered from here by leading elevator in
| forests TO lessen the strain upon them for
| margins on their hedges December, after
| holding steady for time around 705kc de-
| clined regularly to 69c Then followed a
rally to Coo. with a reaction to 69Mc at the
| close on continental cables indicating big
advances at Paris. Berlin and Antwerp.
| The corn market was remarkably firm
considering the Weakness IN wheat May
started al from 2Tsc to 27Ac, sold at from
| 2i&c to 2I2ic, recovered to 2S4c and closed
| at that after numerous ups and downs be-
| tween that price and 2Sc. the outward
| movement of corn was immense; about
| I2i,OOO bu. were shipped from here in the
last twenty-four hours and 2,S2LO0O bu.
| from the seaboard to Europe for the week
| oats like corn, closed a shade lower, but
when compared with the weakness in
wheat were relatively firm. A good de
outside. The latter part of the ses-
sion was of rather different nature
| and prices fell off but rallied again before
| the close and showed but a small loss
| May opened. at 2li5c. sold up to 2l2tc. went
| of to 2lSsc and was offered at 2llhc at
| the close, showing n decline of sc since
yesterday.
Provisions were not affected to any ex-
| tent by the market I'm the wheat pit The
| offerings of the hog products We're quite
| inconsiderable and while no one bid for
much there was no trouble i'm placing the
small offerings. The business was nota-
| run of hogs was 10000 head January porl,
| opened at from $3.50 to $7S5 rose to ST. 90
| and closed as 1t did yesterday at $7S7 Lard
| and ribs each pursued a similar course
| closing in the end at the same price as
| on the day before
Estimated receipts for Monday are:
| Wheat, 22O cars; corn, $3.50 cars; oats, 4OS
| cars: hogs, 10000 head
The leading futures ranged as follows: