Omaha daily bee., 1902-02-11
COMMERCIAL AND FINANCIAL
ElOr.-Livsd Attempt to Raid Oats Pits
is Made.
WHEAT MARKET sORSOltST
rrade In the Leading Cereal is Fea'
1ured ny Dizziness, and Ordinary
nauence Appear 20 Have
Little Eject.

CHICAGO. Feb. 10-There was a short
Yfved attempt to raid the oats PIT TO-DAY
and, with little support at hano, pri ~
Gain markets were OF the commonplace
type, with very narrow huctuations sna
slightly, bear1sh t~endencies, E Msy wdnoSwn,
after some activity closed SC to TIC
Ordinary influences appeared e have
little effect on wheat. Up to midda the
range was over only sc, ana the Wnole
slightly buiiish feeling with which the
market closed Saturday was lost al tne
outset today on minor inc FsSsS 81 p sny 81 ne our
creased 1,2s4,O00 bushels and the worlds
shipments wero liberal. The mild weather
with additional SHOWS over the west was
favorable for the growing crops. All tolo.
the market was dull and largely e scalplne
ana buying on the dips. The most I'm
portant Item Of news Of the day was tne
decrease Of L'sSsoo bushels tah,amloos w eSup ne
effect on the pit. May opened AQNc to 2
shade lower at 77Ac to TAc, and on early
houses later turned seller, the oats break
had a depressing effect, and May reacted
TO 77h@77%c. The close was easy, May
il cars. Minneapolis and Duluth reported
1855 cars, making a total for the three
points OF $50 cars, against $50 Iast week ano
S0S. 900 bushels Compared to 727,O06 bushels
"a year ago. Seaboard c~learances in wheat
and flour edualled PSI, 1000 bushels. World
shipments were s,5SO,O0O bushels. compared
to S,2S6,0 900 bushels last week and S,SSO,VN
Corn at times had fair support and some
activity, but the bearish tendency won
out. The early cables were indifferent,
based on an improvement In Argentine
ket had been oversold Saturday and shorts
covered freely at the opening, but this die
not Isst 5On and M ssid O 70 SIC &C shorty aftel
the opening. The commission house sell
ing and the oats depression brought a saa
gain was lost. Kansas City again reported
bearish market. May closed easy, bqkc
lower. at 61hG61%c. Receipts were SO cars
Oats had a bad time of II from the open
ing. The start was fairly steady with
= corn and soon after the opening May OPP
closing figure. Then there set in a deiiber.
ate raid. such as was witnessed two weeks
ago, and May was depressed down quickly
there was almost no early support. More
interest was shown, however, than In sew
eral days, and toward the close commission
houses helped toward regaining a fraction
of the loss. May closed weak, %QNc net
lower, at 424sM421kc. Receipts were los cars
thing OF a surprise, considering the large
points, compared with 6S,OOO head last
prices were at their highest. The open.
Ing was steady on a steady hog market
but buying and covering set in at once
Packers wanted a good deal, but as prices
went up they relieved the tension some
what by selling: May pork opened un'
jumped to 1905, and closed firm. nc up
at $15.92h. May lard opened unchanged
TIC up at s9.52k. May ribs sold between
$.52h and $s.6o@S.62h, and closed &c up a
$8.57h.
Estimated receipts for tomorrow: Wheat
30 cars; corn, ITO cars; oats, 80 cars; hogs
1900 head.
The Leading futures ranged as follows: