Omaha daily bee., 1897-08-08
COMMERCIAL AND FINANCIAL
Wbss; Declines and Ali Other Markets
Drop with It.
FOREIGN QUOTATIONS ARE ALL LOWER
Cash sales Modernfc-Wbent Loses n
Cent and Half, Corn Five
EiEhths. Oats n Hnlf-Pro-
visions weak.

CHICAGO. Aug Wheat led the way 90
a great decline In prices on the board of
trade. Foreign markets failed 90 respond
TO the advance IN wheat here yesfe erday. and
the cash sales were very moderate. Wheat
declined 1@s0llac, corn 5sc, oats igc. pork
lpsc. lard 7iac ana ribs 51gc.
Liverpool quotations for futures of wheat
were from asd for September TO asd FOR De
cember lower than they closed the day be-
fore That was jhs reason FOR 81 decline here
OF lc per bu to begin with September.
which was bringing T7lsC as the session ended
yesterday started with sellers at from 76isg
10 76lac Trade was light Those who made
u handsome profit on the advance are not
disposed to risk any OF 1t 10y buying again
on this side Of n : per cent decline. A mod
crate amount uf short selling was evident
on the first bulge to 764pC and grew In pro
portions Us the session progressed. C-icac0
receipts were l25 cars, Of which thirteen
were new spring wheat. Minneapolis and
Duluth reported receiuts OF las cariua5s,
against AZ a week ago and 274 the corre-
spending day Of the year before. The
amount inspected out Of store was 265 0pO hu.
bu.. and shipments 6mA20 bu. The week S
| c.earances Of wneat and -four from both
with . 2s4s ono bu. the week previous and
! 2,i41.oDO bu. the similar week last year.
About tht only pearlsh feature IN the morn
/ inEs news was the report OF the Kansas
1 crop giving the yield of 50.5Sg, 600 bu., com
pared with 70 7Meb bu the year before
| The South Dakota wheat crop was privately
estima ted al 70 ON. 600 bu.. the government 81
estimate for tne year before was 21.5S3 900
| hu The startling rumurs TO the effect that
the Russian government Intended stopping
wheat exports We're discredted. owing TO
| the apparent weakness In the foreign narts
! Near the end OF the session Paris was re-
ported 2lpn6s4c per bu. higher A nc rally
! followed, but the quotations were looked
! upon as an error and had little effect. A
fresh decline set in which carried the price
| to the .owest point Of the day. Cash sales
transactiSns Of late. New York claimed
| forty hoHtiuads sold ana one or two round
/ NC at the close chiefly on covering. Sep
| temher opened &M5sC to lC lower nj TGlgN
I6i4c, sold between 76bsc ana 767sc, closing
| There was another day Of liquidation in
corn. The Kansas crop report makes the
| condition Of growing corn 60 and estirnBtea
the old corn in the state al $500 600 bu.
The weeks exports from the seabuard cities
We're S22a,S S35 hu against J. l4Sa OGg bu the
week before ana .257 900 hu the correspond
| inE week Of last year. Chicago receipts for
the week were, 4,796,E75 bu. and shipments
! 2.&3.6 hu. September opened al from
261sc TO 26Hsc, declined TO 267sc and closed al
! that
A fair business was done in oats Selling
| orders were plentiful and the weakness In
the other cereals -het1ed the decline Re-
ticle was weak SHIPMENTS were ~ 3O0 bu
| September opened -ler lower at Ills 017l4 e.
sold between 17l4c and l65sn1Gac closing
Provisions were very heavy during the
| greater part of the duy, influenced largely
| by the weakness Of wheat corn and oats
| The days run Of hogs was - 600 and the
! week receipts 1ta,2S&- against Ia05- head
Tor the week last ygur. Shipments Of lard
| from Chicago this week We're l2,Ni5 $50 lbs
| compared with only 4.4S2 600 lbs the same
week last year. September pork started un-
| changed AT $50. dscfined i9lnc closing al
| SI77mTS0 September lard opened shade
| lower at S4.as. declinsf to 81 % closing al
| S4.25d4.2L September ribs opened unchanged
| at AS2 declined 10 S4.72G47a, closing at
| tAS'
| zoo cars corn, LOO cars oats 800 cars; hogs
60 go head. ~l-
| BEAN-Steudy, unchanged
FLANSEED-Frm. S4i-c
| TIMOTHY SEED-Prims 81 5eSa2 .65.-
HAN-firm choice timothy but dull and
slow on poorer grades; timothy Sc. 6.GOnl2. 80,
| prairie, 81 O0GS.nh.
POULTRY-Chickens strong; old hens 6iac;
springs, Sc: ducks springs 6ff64c; geese, springs
&c; turkeys, old, IKE springs l2ql@i2c
BtTTER-Market stendy; creamery, 1?Gl5c;
| dairy S1I1l.C.
EGGs-Market firm AT 7lac.
| COTTON TIES-65c
BAGGING-6GGzsc
WHISEY-Sllg.
METALs-Lead, dull; s3.55 bid spelter, firm;
| 81 IL.
PROvIsIONs-PorlS lower: standard mess,
juhbing, $7.6GGS.6 60 Lard lower; prime steam,
Sa.75; extra short clear, S9O ribs. $3.50: shorts,
Shg7Ig. Dry salt meats shoulders (buXedI, Sc %:
extra short clear, Sd.O5. RIBS Sd.55: shorts, S565
RBCEIPTS-Flour, ! 600 bids. wheat. 13G OO1
SHIPMENTS-Flour 4.0gN blils; wheat 9 000
bu. corn, $40 bu.; oHts 5000 hu
Leading futures ranged as follows:
Fpa Jf.-I, ~, ~,