Omaha daily bee., 1902-04-10
COMMERCIAL AND FINANCIAL
Bears Mute to Bullish Sentiment and Bet
ter Prices Prevail.
LEADING GRAINS MOUNT HAND IN HAND
Provisions Also Pushed Up and Tiptop
Prices Mark End of Days strife
Little Benrish News I'm
Evidence.

CHICAGO, April .9.-Bullish news pre-.
vailed in grains again today and brought
ar aStNyiIy an rroets rIade tbe MARKETS
dip at times ana brought a restless feel
ing. Bull spectators, however, had the
best Of II, and, continuing the tactics Of
yesterday, brought an advance of &c IN
May wheat and &c in both May corn anu
oats. Provisions closed Sc to 1Oc higher.
Speculation in wheat was better than lot
some days past. Conditions favored the
bulls from the start. Cables were hlgher,
receipts were very small. being only SIX
cars here, two cars at ST. Louis and one
car at Duluth, and c~learances were nesIIg
double all receipts. There was a deelue p
turn and good buying set In, with some
from the country. Covering augmented the
advance and advices from the southwest
wheat growth set many to buying. Inere
were continued reports OF decreasing stDGhhs
and Bradstreets showed the worlds Visible
supply decreased by 100000 bu., where II
was increased $4,000 blu. last year. weather
over the wheat states is cold and dry,
where the warm and rain season is due 70
help make good the previous damage 70
the winter crop. At times there was pront-
takinR that brought reactions, but Volumin-
Gus buying orders from the southwest,
where It seems crop conditions are becom-
ing worse, brought good rallies. Traders
lures from that section gave conhrmauon
TO the damage reports. In spite OF me
of line and the cash business was not very
good. May opened 1sghc TO hq&sc higher
at n5bc to nc, SOLO 10 AEi4C, edseu 70 Lai7sW
T%o and then spurted to 72lzc, closing firm,
sc up. at 72kG72hc. Local receipts were
ak cars. none OF contract grade, and Mime
apolis and Duluth reported 70 cars, making
a total for the three points Of only 81 cars,
against S27 last week and 22 a year ago;
Primary receipts were 234,0OO bu., compared
in wheat and flour equaled $4,000 bu.,
against 10000 last year.
Corn started out with a good show. OF
the strength that put prices up yesterday.
Receipts were very small and reports from
the southwest started good buying. kansas
City and st. Louis did good buying and
freely and al one time It looked as II there
would be a big bulge. Offerings at the
better prices and fair proft,taking, brought
repeated dips, which the rallies only pgr re
better. st. Louis selling for shipment lf7;OO
blu. out of a total stock there of 233,0O bu.
The temporary loss of the advance in prices
was due largely to an absence of a vigorous
demand. The late rally in wheat helped
materially. May corn sold early at 59hc,
eased to 5shd5Skc and closed barely firm,
&c up, at 5S5sc. Receipts were 70 cars.
Oats were quiet, but were aided somewhat
by the strength IN other grains IN td Eee 9 tImss
prices eased on a corn dip. some support
was given on the news that the Illinois crop
that much of it would have to be reseeded.
Trade was Indifferent. May sold as low
as 42kc and closed &c higher, at 42lzc. Re-
ceipts were e3 cars.
provisions held firm against the depress-
ing influence of weak hog market. Lard
and ribs were In good demand on a sup
posedly improved cash situation. Pork at
times showed weak spots, but the whole list
was supported by packers. May pork closed
&c up at 1850, May lard 10c higher at $3.50
and May ribs nc advanced at $3.50.
Estimated receipts for tomorrow: Wheat,
is cars; corn, 30 cars; oats, 100 cars; nogs'
$4,000 head.