Omaha daily bee., 1903-06-19
COMMERCIAL AND FINANCIAL
Corn is Again Center of Interest on Boarl
Of Trade.
PRICES STILL SHOW DESIRE TO SOAR
Oats and wheat Dominated by other
Pits Also Go Up, While PrOvi-
sions, After Fair sales,
CIose Higher.

CHICAGO. June 1s-The corn pit was
again the center Of interest on the Board OF
Trade today and prices showed good ad-
vances, July closing nc higher and sep
tember Aq7sc higher. September wheat
was up tsc and oats a shade better, while
provisions were unchanged to 11FdlOc
higher.
the market was strong the entire session.
Opening prices were a shade higher, July
at 76hc TO 76AG763bc and September a shade
lower to shade higher at 4sg!4Nc, ,, a "A
rather easy feeling prevailed shortly atter
the opening due to free selling by commls-
sion houses, the favorable weather being
the chief factor. Under this influence July
sold off to 761sc and September to 14c, but
the weakness was short-lived the strength
in corn soon bringing about a rally Bul,
lish crop reports from the southwest and
northwest, as well as bad reports from
France aided the upturn and the market
became strong, July advancing to 714sc ana
general the last hour and much OF the ad-
vance was lost, July closing at 1OSsc' a a
gain of %mhC. September was up esc at
74%d1sc Clearances Of wheat and flour
were equal to 174,100 bushels Primary re
ceipts were 9S,6oO bushels. against i,,tS SSa,+yO
reported receipts Of 2SS cars, which win
local receipts of 8 cars, none contract;
made total receipts for the three points OF
264 cars against eos cars last week and "a
The price Of corn continued to soar and
advances of over a cent were made In both
the July and September deliveries, though
most of the gain was lost before the END
of the session. the volume OF DuslueSS
was exceedingly large and although there
was heavy liquidation going on the greater
portion Of the time the offerings were
quickly absorbed, and not until within the
last hour did prices show any weakening
Sentiment alone was responsible Tor tne
bull demonstration, as the weather condl-
tions were most favorable, with prospects
Of a continuation of the same country
offerings were small and cash demand
good After selling between 5Ohc ana oi nc
July closed nc higher at 507sc. September
closed with a gain of %dbc at 5O4sc, after
ranging between 491hc and 50Mc. Local re
colpts were 4S5 cars, with y OF contract
,The excitement in corn overshadowed all
other features in oats and caused strong
market throughout the day. Trading was
active and general, with shorts covering
freely on the upturn. The market WEAK. weak.
ened late i'm the day on liquidation brought
ont on the realizing on corn, but July
closed 1kGOHc higher. after selling between
So3sc and 40I2c September was snaue
higher at 331,0b337sc. after ranging between
33%c and 34lsc. Local receipts were Ho
There was little disposition to trade one
NAV or the other in provisions and prices
showed no fluctuations of consequence The
early market was easier on selling OF lard
by brokers. but prices firmed up later on
the strength in grains. september PORK
closed 7lb6f1Oc higher at SIG %, September
lard was unchanged at S.911s ana rlps up
2kc at 1896 .---,,, vsyhaat
70 cars; corn, $50 cars; oats, ITO cars; hogs'
24,000 head. , - so,,o-,s.