Omaha daily bee., 1905-07-25
patents pat S.9cq6oo; first clears siOoal1o; sec.
ond clears S265d2 Isl WV -'' '~
BRAN-ln bulk E275al3Oo
CHICAGO GRAIN AND PROVISIONS
Features of the Trading and CIo.,,a
Pricea on nnn "a % r-na.


CHICAGO, July A-A break OF SIC
iU ',.snl'el IN the price OF wheat for July de-
tiyeeesy occurred here today. At the same
S5te. Denial Of sensational reports OF black
ust damage 10 the spring sown crop caused
we neayy proht-taking that resulted In the
with September down 3astc as compared
MIN maj quotations OF a.urday July
" "e ae SHOWS loss OF pret se,y &C Corn
- Is on sqAc. Oats are down Isc Pro-
visions are up &c to l5c
a. ne wheat market was weak throughout
S me enure session, The greatest weakness
was manifested during Opening transact
Sgions initial quotations for July being on
Szso 20 ,92se at SIC TO 891kc. September was
uoMh l9sul1ac to 3hQ3lzc at SIC to soc. The
primary cause OF the sharp reaction was
Opumsuc advices concerning the condi-
ION Ion OF me wheat crop throughout the Da-
H MI, and Minnesota. In addition the
weather northwest was favorable to pro-
sIess OF the growing crop and unfavorable
for ~ eau tS OF plack rust Another reason
Lor me slump In prices here was the de-
morallzed condition OF the wheat mar
ket at Minneapolis the September option
thore showing at one time a loss of about
oc. bears were given additional encour-
agement By continued liberal movement
OF new wheat In the southwest, arrivals
t9Isay az 81 Louis and Kansas City being
LIS COO bushels, compared with SOS, 900 bush
els year ago. After this the first rush
to sell was over the market held compare
uVely steady the price for September dur
ing the remainder Of the session being con-
hned within cent range. During the
laSN, rev minutes or trade, however selling
again became heavy. AS a result fresh
weakness developed The close was weak
with September at S7&c. July closed at
SS5sc; Clearances of wheat and flour were
equal to $500 bushels The visible supply
decreased $4,000 bushels. Primary receipts
were l,63l, 5000 bushels, compared with
SS,6OO bushels a year ago. Minneapolis,
Duluth and Chicago reported receipts OF
b3S cars, against PAL cars last week and 430
cars year ago.
Bearish sentiment was manifested in the
corn pit all day. Large receipts and eN-
celltnt crop weather were the principal
weakening influences, The break in wheat
tended to increase the selling pressure in
corn. The volume OF business in the corn
pit, however, was not large. During the
last hour the market received active sup
port from prominent commission house.
The close was quite steady. September
opened Adkc lower at 541hC sold between
b41d549sc and 547sc and closed at 54Ssc.
Local receipts were 331 cars with So cars Of
contract grade.
The slump in wheat caused considerable
proft-takng in oats early I'm the day.
Later cash houses bought moderately and
caused some recovery. September opened
29%c and closed at 29Ssc. Local receipts
were 15l cars.
Notwithstanding weakness Of grain pro
visions were firm. Shorts were active buy
ers. Commission houses also bought freely.
At the close September pork was up loo
at ST.. 02h. Lard was up 5d71zc at $lli1zg
40. Ribs were 7ha10c higher at $3.50
7S7k.
Estimated receipts for tomorrow: Wheat,
414 cars; corn, 4S0 cars; oats, 26O cars; hogs,
q 900 head.