Omaha daily bee., 1902-02-22
COMMERCIAL AND FINANCIAL
Bearish Sentiment Prevails and the Market
Goes Lower.
GRAIN HAS A SLOW, MoNo1oNoUs DAY
wheat Conditions Change Little and
Corn and oats close LOwer-PrO-
visions Are strong I'm spite
Of Grain weakness.

CHICAGO, Feb. 21.-Gnln had another
slow, monotonous day today. Most of the
ugh. trading was evening up In prepare
ton for the holiday on change tomorrow,
but the bearish sentiment. especially in
corn, eventually turned the pits weak and
May wheat closed NC lower, May corn y
GNc lower and May oats SO on. Provi-
sions closed unchanged to be higher.
Wheat conditions were little chanseo.
meptic the reverse. The closing up deals
started the market a triie- lower. but so
tame was speculation mat nuet9 haIdiy n n
ticeable. There was little interest In me
market and the pit was almost without a
feature. Cables were about steady, Argen-
tine pme were much reduced from
last year and northvestern r0ceipts were
larger and expected to be larger LOT some
time owing TO line elevators shipping In
to their terminals. The prevailing ,senu-
ment was TO sell for a moderate break,
corn and wheat for the last few days held
the feeling in check to some extent
There stif holds out the depressing abb
seuce of outside business. Eventually the
southwestern market began turning weak.
the corn was affected bearishly and wheat
turned the scale and slipped
tested in wheat bulls had a pretty hard
time OF Il supporting the market. May,
i wSteP at 1%Nsa %S7s hassIed for a long Ime,
then declined to Thc and closed weak, Sc
lower. at Th@G7Ac. One Of the early bear
ism lQHu0nCE8 was NUC NAAhN =
DAYS export sales were for Manitoba
wheat. Cash business today was only a
trine better. Local receipts were ~ cars
iutHhi reported S6 cars, making a total for
the three points OF b7 cars, against a6s
tsst T eeim.r rni' re csy asS' we're SeSe T $500 HH ba.
seaboard ~clearances in wheat and hour
equailed $1,000 blu. Argentine shipments
week and L.Og2oO0 bu. last year. The sea-
board reported u loads taken for export.
There was more Interest today In corn
majority and sentiment was early all on
the selling side. Corn fought declines
sss s2ads, eSS, e we IN a STEADY MSK 70 a pI little
ported a light yield promised for Argen-
ceipts, but persistently sent in bearish re-
ports. There were reports OF acceptances
from several quarters, mostly for small
MED that the country was offering, more
freely. st. Louis, however, broke sharply
i snG I peTiO Snof The eh brisEEa Weather v~s hra' h S%e ADDED
influ and prices here broke: May,
which had hung steadily around GAc, de-
lower, at conc. Receipts were 1903 cars.
Oats were dull and uninteresting. Trade
was exceedingly light and the depression
for some time past this market followed
corn like a faithful servant. May closed
ITssss d Rsod lis lowest west i figure. Nc down. at
Provisions had a good tone in contrast
with the grain weakness. The produce
market was strong and a fair demand from
commission houses. together with some
sealping short covering In pork, held prices
for a small advance. Options fuctuated
at SIS. 72z. May lard unchanged at $40
and May ribs nc up at S.4SQS. 41h.
10 cars; corn, $50 cars; oats, 103 cars; hogs,
300 head.
The leading futures ranged as follows;