Omaha daily bee., 1905-10-28
CHICAGO GRAIN AND PROVISIONS
Features of the Trading and Closing
Prices on board Of Trade.


CHICAGO. Oct z7.--The politico-industrial
crisis IN Russia kept the wheat pit here
IN turmoil today. After prices had ranged
from ie above yesterdays final quotations
almost the lowest point Of the session. For
the May option the net loss was SC. DE-
eember II down &c. Corn Is on Ac. oats
show a loss Of NC and provisions 5qIl1c
Extreme fluctuations marked trading in
the wheat pit The volume OF business was
advance OF lSqlHc in the price Of wheat
at Liverpool the market here opened strong
With May up a shade to haMc a. SlG "a!
higher at S9jkF19Oc. Demand was extremely
active. Commission houses had come into
possession Of an almost unlimited number
Of buying orders over night The orders
had apparently been placed in large part
by foreigners and by that part OF me
American public which Is quick 70 enter the
market when an occasion like the present
develops The sharp advance, however,
brought out realizing sales of wholesale
hour the market yielding TO continuous
proflt-taking, some reaction occurred.
and prices again started upward. A cable
gram from a prominent banker in LONDON
claiming that all business in Russia had
been suspended owing to strike dlsoroers
price OF May delivery jumped to 92esc
cut the remainder OF the session the mar
ket was decidedly nervous huctuatons IN
prices being hdhc between trades Durins
I
notably depressed IN consequence OF gen,
erai profit-taking. Prices sank lower ana
lower until May had touched yJ15c ana De-
cember SSNe The market closed weak Win
May at s07sG91c. Final quotations on De.
cen1ber were at soc. Clearances OF wheat
and flour were equal to 5O1,5o0 bushels.
Exports for the week as shown by Brad-
streets were equal to A2SI,OW pusheis'
Primary receipts were llgIgOV ousnels coI. a
4 pared with $4,000 bushels year ago;
| Minneapolis. Duluth and CHICAGO reported
! receInts of SAG cars against III cars las'
/ week and S89 cars year ago. - l.,
| General liquidation caused weakness w.
| the corn market. There was no change w
the general situation surrounding the mar.
| ket Local receipts were light; exSpoirI
! demand was urgent and stocbs exceedingly
| low The high prices prevailing, however,
started heavy realizing which resulteo - ~
weak with prices at the lowest point on tns
| day December opened -tSmhc higher az
! A6'LTAebLc sold of TO 45%c and closed el
the bottom. Local receirts were lZI car
TIE situation in the oats nit was similar
| To that in the corn market, the feature
being active selling hv longs. Demand wa
NOT 80 ur4ent as Of late. As result tht
market bad a weak undertone, da ne e ne.
cenher openeA UNCHANGED to &c lower a.
?ott d30sc sold of 10 SOlsc and closed d.
9oikc Local receipts were 2SS cars. sd.
! Provisions were a trihe easier on sel.'Us
credited TO local packers. A decline OF D
in the price of live hogs was a denressin,
inhuence weakness OF coarse Grain was
another bearish factor. At the close Ianu
arv pork was OF Sd7iSc at Sl2S'. lard W. W.
down PIC at ss77iA. Ribs we're &c io"e'
Estimates for tomorrow: Wheat, 90 cars cars
corn. 15e cars; oats, $50 cars; hogs lS'V"
head. eo,t0u,s.