Omaha daily bee., 1902-07-26
COMMERCIAL AND FINANCIAL
Record Price Since the Civil War Made in
July Oats at ssVsnty-Twe.
GENERAL MARKET DULL AND LlSTltSS
Bearish FACTORS Are Plentiful and
Other Cereal Lines Are Depressed
--PrOvisIons Are Active
and Irregular.

CHICAGO, July 25.-Grain traders beheld
The odd spectacle today OF oats sellns
The phenomenon caused hardly a ripple In
he duil and undressing business routine.
July new oatS SOLO az DC " Nho eats were
Absorbed by the bull leaders at as high as
nc in order to keep them from the snQrts,
While oats were seiing IN crib lots at these
fancy figures september wheat was around
nAc and the hitherto fancy July, corn at
q may be said the July corners were rest
ing. Shorts In wheat, corn and oats IN
that month seemed ~penned in by the Dig
interests. The other markets were doing
reports and other bearish influences, which
In turn, hows 10y, had little effect because
OF The fears - July manipulation. In the
end Septemii wheat closed B0sSc down,
SEPTEMBER corn &c r0"eI; y iovSer ana
July oats &c higher. Provisions were very
Irregular and closed 1ehc up to lIltc lower:
Wheat worked lower on the influence OF
lower cables, good weather and a dull trade.
Crop advices continued favorable and re-
ceipt bore out the reports as to quantity
The foreign market weakened, togetDSr
with the excellent country prosPes!s,
The strike Of telegraph messengers, which
spread TO the floor OF the exchange, inter
fered with the business and had Its modi-
rum Of bearish influence. July showed 1t
self very sensitive to any Supply or eemahd
price hung around nc and closed hc down
At 76Ac. September was offered freely.
PIC that option dipped to 71Hc and closed
weak. %Q1sc lower at q Local receipts
we're 300 cars, z Of contract grade; Mime
spolis and Duluth reported ZOE cars, making
a total for the three points Of 400 cars
against 424 a week ago and S57 laSt year.
Primary receipts were 1,036, 900 bushels, com
pared to ~1,0Sl,OO0 bushels last year. Sea.
board clearances in wheat and -four equaleo
$4,000 bushels. Argentine shipments were
10000 bushels for the week, against 2e6,O0
bushels last year.
Corn was even more dull than wheat. TT
wheat weakness, together with good croI
reports, had a depressing influence in the
corn pit and very free offerings by a lead.
ing house brcKe September prices lc. Trade
= - was small and prices held near 6lC
until shortly before the close, when a LITTLE
he shorts to absorb broke the price to q
tary support in September, but the efec
&c down ~SnO 70 6 SHS,V and Closed weak, Il lowei
lt 6Ohc. There was q feeling that July wa,
into a voIcano-like eruption. Receipts, "a
cars, 81 of contract grade.
Oats ruled lower IN the deferred, options
In sympathy with other grains and on no
u%nfavorable weather. July shorts who die
not settle yesterday were frightened b!
settle at zoe the prices were to be pushe,
still higher, In consequence Of their bid
Tor seYe nrics "n s,nca i ISiy cI heT w soIa az Tb 1Ee' w VA
the only feature. Trade otherwise wa
dull, offerings in. new deliveries were free
Hua DElCcb ulpDtu. AlNeE Tic early duNdnC
July dipped back and closed only &c up a
sOhc. September sold between 34sSc an
R3Sc and closed weak, t@hc down at 3d
Ahc. Receipts were lao cars.
Provisions were very Irregular, although
not particularly active. Early advances 4
the yard hog market and a good supper
by brokers caused a brisk advance Lar
especially shot up, September lard one
pore selling at 81. The early high prices
however, seemed to be a ruse by the pack
ers, who at once unloaded on the littl
fellows, depressing prices badly. Lar
alone held up. Late trade lapsed into dull
ness. September pork sold from s17.57h I
nf.70. dipped to 1928 and closed 17sc dow
At SI,3115. September lard closed 12lhc U
at $10.92m and September ribs, after sellin
from $l0e2h to 1000. closed weak, &c owe
Estimated receipts for tomorrow: whea
!O cars; corn. 265 cars; oats, 1870 cars; hog
10000 head.
The leading futures ranged as follows: