Omaha daily bee., 1902-09-04
COMMERCIAL AND FINANCIAL
Frost Frightsns the Shorts in Corn and
Advances the Price,
WHEAT PRICE GOES UP IN SYMPATHY
Although the Receipts Of Oats is Large
the Price Il strong, while Pro-
visions Are the only
weak Feature.

CHICAGO. Sept. 3.-Frost just oyer the
Canadian border and fears that II would
drop down as far as Iowa tonight put corn
shorts in a state of fright today and
brought good bulges In all its grains.
The advances In wheat and oats were
largely in sympathy with the strength "
corn. There was a good general trade ana
at the close both September and Decem-
Der wheat were up at lglzse' septeiaoer
TENDER oats 1hc higher and December oats
1c higher. Provisions closed unchanged 70
Corn was leader. both in point Of price
advance and trade. With a killing frost AT
Baver, Manitoba and predictions that the
morning. corn was wanted in large quanti-
ties to cover contracts. All other cohul-
lions save weather were ignored.
once prices stiffened. Tn southwest was a
big buyer and commission houses as a RUE
had buying orders. The goyernment cLoP
corn in Iowa and eastern Nebraska needed
a month to mature. Cables were a httle
provement. September sold from 51Ac to
Bee and closed strong, 1hc up at bS1zc. DE,
oember sold from 42bc TO $3.50 ana closed
strong. lc up at 4ossc' Receipts were us
Wheat had good strength all day, as the
frost scare did not have as much erect as
IL did in corn. Buying Of December by
commission houses and traders generally
was of the best character. offerings were
scarce and IN the main Tr0 %eTe Gsrs sh 9eT P,.
CAoMN ~ 01 RARA -
GUS over the possibility of injury to late
wheat in the British northwest.
While weather conditions o~vershadowed
all other factors, the fact that not q car OF
contract stuff was received here today had
a strengthening effect. September, when
started &c TO Nc up at 70%47ONc, ADVANCED
10 1%c December sold from 6T4c to 6Sssc:
The close was strong, both. September ana
December being idlhc higher, the former
at ubd71%c and the latter at 68HQ6SAsc.
Local receipts were 51 cars; Minneapolis
and Duluth reported Ala cars. making a
total for the three points OF s4o cars
against ABS cars last week. Primary re-
ceipts were 1,224,0OO bushels. compared to
l,2TS,OO0 bushels last year. Bradstreets re-
ported the worlds available supply IN
creased by 100000 bushels. Seaboard clear
ances in wheat and flour equaled 44S,OOO
bushels. The seaboard reported 2O loads
taken for export, Deliveries on september
contracts today were only 5000 bushels.
Oats stiffened in sympathy with corn and
wheat. Receipts were large at VA cars!
but of these arrivals only IL cars were OF
contract grade. Commission houses took
late months freely. covering went on TO a
good extent and there was some good buy
steady opening prices advanced well and
the close was strong. September sold from
34Lc to 35hc and closed 1hc up at 35hc.
Hog products ruled somewhat steady.
There was weakness In the hog market a.
the yards and October stun was offered
early. Some demand in January, induced
by the frost scare In corn, helped In q
rally. January pork closed 2hc up a
HA.87h; October lard unchanged at @.72hs
End October ribs I0c down at $9.S71R.
m receipts tomorrow: wheat
POS cars; corn, 20 cars; oats, $50 cars; hogs
2i,Go1 head.