Omaha daily bee., 1902-09-16
COMMERCIAL AND FINANCIAL
Near Futures Of Wheat and Com All 0lsEs
Higher.
DECISION OF COURT IS STILL FACTOR
Frost Conditions and shorts
Are, However, the Chief Reasons
for Advance in Prices on
Chicago Board.

CHICAGO. Sept. b.-Reactionary In
duences from saturdays. stump were az
work In grains To-Day. rms was a onu
orally supposed that Judge Chytraus' de,
cision in the oats case SATURDAY "oulo
bring out long grains.
Traders were Somewhat in the dark as to
whether they dare do any business IN tu-
lures at other than cash prices ahu S SS a
ness was largely in the hands of locals ana
the nearby futures were let severely alone
because of their premium over cash prices
The further deliveries, however, seemed
to have been oversoid saturday anu pe-
cause of their seeming cheapness In COM
parison with shopping figures prices were
Showed higher in most commodities. AT
the close September wheat DECEMBER
wheat and December corn were ll9sc nlsheI'
September corn was &c down ana Decem-
Der oats a.shade OF. January provisions
Wheat started out with a fair show of
strength, largely because the crowd was
not frightened over the Issue OF the nuns,
the decision in no way affected trade eN-
cept i'm the case of extreme manipulation
and that even If the decision were upheid
the directory could frame governing rules
that would mold. Many of the SPECTATORS
Although cables were only steady. and
little outside business came 70 hand the
fact that stocks were decreasing stattea
an upturn. In spite of the fact that there
was a big run of wheat to this market last
week stocks In public houses Increased only
AS, 600 bushels. The increase in the visible
supply was only go, 0GO bushels.
Buying by shorts and a fair commission
house business, with With very TI,I iisn HaS oT drii 81
TIMES, with the outsider in the market only
sparingly. st. Louis supported December
favorable to the movement and receipts
were increasing, especially in the north
west.
September was traded In lightly, but adj
vanced with December. The other option
opened unchanged to 1sc up at L2%WI2Hsc
and closed firm at sc up at iS9sc. December
started unchanged at 6S%sc, eased at one
time to 6SAQ5S4sc. and closed firm, &c up
at CSC. Local receipts were PAS cars, Z Of
contract grade; Minneapolis and Duluth re-
ported 1,26O cars. making a total for the
week aud 2,41l two days last year.
Breadstuffs on passage decreased 10000
bushels. Worlds shipments were 1O,42S. 600
bushels, against 9,2Sl,O0O bushels last year.
Seaboard clearances in wheat and flour
equaled SS4,O00 bushels. Duluth worked &c.,
SI 6uSneis p IGT export cs ana heiPea ~ 77s me me
bushels, against 2,9l5,OO0 bushels two days
Conhicting reports of damage to corn
Ing s@ate. f6e market opened strong for
December and May, and there was a fair
demand in these deliveries. September was
n choppy and In the end ruled easy. Offerings
in general were not excessive at any time,
even when the market was at its highest
point.
The weather was fine in the corn region,
with better weather in prospect. Cables
were steady and receipts were increasing.
With these mixed conditions the sentiment
was somewhat uncertain. In the end The
frost damage reports and small contract
stocks helped the bulls. About mid-session
there was great irmness
Later there was a recession, but the close
was near top figures save in september.
The near futures sold between 5S1kc and
'b91Rc and closed easy, hc Off at 5S7sc. De-
cember started at 432c, sold at 43c and
closed NC up at 1870. Receipts were lib
erai at 29 cars, 81 of contract grade.
Oats were received in larger quantities,
the weather was good and the quality OF
arrivals was improved; The market opened
easier. under some selling by a leader and
by commission houses, but price huctua-
tons were narrow. Corn strength aided
the price at times. The cash demand was
light. December sold between 31c and 3lssC
and closed easy, a shade off at 3lhd31Kc,
Receipts were 30 cars.
Provisions were fairly active at times and
ruled hrmer on higher prices for hogs. Hos
products showed the most strength and
were difficult to trade in. There was a dis
position to sell May stun, but a good sup
port brought advances. Corn strength also
was a support to prices. January pork
closed 64I1ac up at l 5.17hG15.2O, january
lard 11Ec up at $S.67h and January ribs 2hc
higher at S..
Estimated receipts for tomorrow: Wheat
go cars; corn, 4O cars; oats, 1886 cars; hogs,
The leading futures ranged as follows: