Omaha daily bee., 1905-06-01
GRAIN AND PRODUCE MARKET
Close Contracts Causes Advance in MAJ
Grain Options,
CORN GOES TO SIXTY CENTS
SMALL Deliveries Are Made on E1-
chRnEe-There IL n Decline in
wheat Futures-oRtA
Trade f. Dull.

~ OMAHA, May 81. 1875.
The fact that tnis is the last day
Tor delivery on May contracts caused
and wheat In bats the market was
steady and dull and May fell No deliveries
having been closed out before the end Of
the month. Local officers OF Chicago nrms
mad small deliveries
May corn went wild In the last hour of
the session and rose to soc. 1t opened at SIC
ana stood at soc at noon: July was strong
opening unchanged and dosing at iy17C. Old
July nnished al 492tc. September at 4sH.c
ana old September at 4sAsc.
Wheat opened unchanged IN May, but rose
early and held around Sls021s most Of the
DAY. 1t closed at u.Ol Weak markets In
the northwest and predictions of fine
weather caused failing on in the otner
months, July closed at so&c and September
Little was done In oats May closed at
3Oac. July at 3o%sc and September at 2ofsc
There is a big loosening up on corn stocks
al over the country ana receipts have been
vator men are very busy, J. r. Van Dorm,
manager for the Adams Grain company,
sent the following message TO the Chicago
house fThese people VINO are bidding up
the corn Will get plenty II they will stand
sun long enough to give people out here a
the largest receipts on the crop in the last
A local trader expressed the opinion that
the recent naval victory OF Japan would
nave bearish tendency on the wheat mar
ket, since IL brings peace nearer. ana peace
means a lower market by the removal OF
the possibility of England becoming in
Nolved in the conflict.
Total stocks in all positions at Chicago
are; Corn, 5UJO,Su0 bu., an increase Of Dol 90
ou. wheat, z,640OOO bu., a decrease OF 39Z,OOO
bu. Al Minneapolis the decrease of the
wheat stock in four days mas been 10000
bu. Berlin and Buda Pest, as well az Liver
pool, closed lower on wheat.
Broomhali cabled from Liverpool:
Liquidation In wheat by small longs
caused opening declines OF lad in botn
month"; July easing off I'D furtner later in
the scsso.. Toward noon a better under
tone developed. Il closed Id lower. Corn
and closed unchanged"
From todays kecord-Herald: Armour
SHq Mee pr Ser G eS
terday to the eastern demand that devel-
oped. Prices were made which looked very
the grain sold being a portion of that
which missed grade when the elevators
fn @aT deVeT9 TeGS The whea
trade was puzzled yesterday by the quota.
tions from Minneapolis giving price Il
No than for May delivery. The differ.
ence meant that the seller had given ar
option on his wheat at the i lower price u Il
this city for delivery on May contract be
fore the expiration of the option today
and full May price II II got in on time
| Omaha Cash sales.
CpRN-No. 8, cars, 45c; No. white,
oATscNo. white, car 3OHc.
Omaha Cash Prices.
wHEAT-No. hard, s7cqNOO; No
hard, .s2qsec; No. hard, 6OgS6c; No.
coRN~-No. ?. 451aci No 3, 45Ac; No; 4
43qAc; no grade, 4CqiSc; No. , yellow, 45lfc
No, yellow 46,tc; No white S1c' NO.
~GtsyrtEf; otRrts@Ec. 2 mixed, anc; No. mixed
So, White, scl4c; Nc. Nt'ii white, scc stand
ard. BIC