Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-07-23
GRAIN AND PRODUCE MARRET
September Wheat BoOms at Close After
Easy Day.
STAWPtDtD BY BLACK RUST AGAIN
Market sim In Unstable Condition on
Account of Reports from MIME
apoIis-Corn L. Down
Cent from Yesterday.
OMAHA. July .. 1905.

OMAHA, July p 1903
After an easy tendency in wheat all day
the market was stampeded near the close
by rust reports and September rose to yes
terdays close, The opening was sO1su9Sc
and the price declined 20 SIC near noon on
account of disbelief by many traders OF
current rust reports. An easy feeling mad
been created by the passing Of the word
by the Northwestern Miller that the re-
ports in the main had been started by
lnglis and Jones, both working Tor the
same bull Interest IL did not take long TO
change conditions toward the end. The
chief apprehension from rust Is that the
northwest crop is ten days late. July was
at 9Oatd9Ohc and December at s0AQsOSc.
Corn, cash and futures, was. nearly lc
STAG, September at 55Aa559sc, old SEP,
teinber at 15&d55iRc December at 4Sbtc ana
oats closed with tniy at SlAo, September
at 29Ac and December at S015c.
Liverpool closed 1hd higher on wheat
Minneap5iis has been the center OF the
rust excitement. The speculative anu ere
vator interests were buying there yesteruey
and tho shorts were stampeded. Prices ad-
vanced 5Sc. The big shorts there have
been covering for two days and the Dull
leaders are said to have increased their
holdings Friday night prices were up
l2Fsc from the weeks low point Chlcak9
had advanced Sc from the low pp spTea al
which showed a disposition to narrow early
i'm the week and was 2hc, had Widened
to SAC at Fridays close .,
The Inter Ocean, which has been investi-
eating black rust, reports on its own ao-
count says today; Developments IN the
tons OF the northwest were highly sensa-
tional and greatly exaggerated YESTERDAY,
The great combination of bullish interests
at Minneapolis. who are said TO pc loausu
| with high priced wheat, are hooding the
| country with the widest kind of reports
about black rust. There is no doubt that
\ there Is black rust i'm spots as the reports
come from many good people but they
do not send sensational advices. Every
! nonspeculative source of information
! says there Is nothing yet In the black
| rust scare"
| wheat and HO,000.O0 bushels Of spring
| wheat, or a total crop OF 6Sj 100000 bushels.
| Australian wheat shipments this week were
$4,000 bushels, last week l'6VW ops ga dSo
| bushels compared with $4,000 bushels a
From the Inter Ocean: "The corn trade
has figured 1t out that the Armour interest,"
! has 60OO,O 900 bushels of July corn bought
! through various commission houses, the
I trade being handled in such roundabout
| way that II has been difficult to locate the
real source from whence the orders came.
| This is supposed TO include the large line
! Of corn taken In for the PTingle house
| this month for Brooks. II the theory
of the trade is right, there may be a sur
prise In the next ten days.
Omaha Cash Prices.
wHEAT-No. hard, SfQS9c; new No,
! 8 hard, S6QSlc; No. hard, 7oQ0c; No :
&c oRRN|No. 2, SIS; No. 3, 511ac; No. 4 soc;
no grade, 45q49c; No. yellow, S21So; ne.
yellow, SIC; No. white 5S%ei NO "hi'e'
6ATs-No. mixed. soc; No. 3 mixed,
29hc; No 4 mixed, 2S1ka29c; No. 2 white,
Slifc; No. white, Slho: No. white Soc