Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-02
CHICAGO GRAIN AND PROVISIONS
Features of the Trading and Closing
Prices on nonrd of Trade.

CHICAGO, Sept. 3.-General liquidation
in the wheat pit resulted today from heavy
forward movement Of the new crop. In
consequence the December option closed
&c OF. other staples showed fractional
losses, corn, &c; oats, 1sghc, ana provis-
The wheat market was dccidly weak
throughout the session. From the start
the market was subjected to much selling
pressure. The greatest weakness was mani
Tested in the September option which
ranged between S2l+0S2@sc. News Of the
day was almost entirely favorable TO the
bears. Gables were lower. Receipts In
the northwest were heavy and the price OF
cash wheat at Minneapolis was on about
DC. Arrivals today at Minneapolis and
Duluth were LIS cars against l,009 cars a
year ago. In addition to the heavy move
ment in the northwest receipts today at
showed a huge increase, total arrivals being
100000 bushels, compared with Loss, 200
bushels the corresponding day a year ago.
AZ the opening December was OF nc 70
&C at A1zdS4hc. During the first half
hour the price made further decline to
s37sc. At that point the market was
steadied by temporary support from lead
ing bull. Following subsequent withdrawal
of that support the market became still
weaker, December dropping TO S3kdsSssc.
Part of the loss was regained on covering
by shorts, September delivery showing the
greatest reaction. The market however,
closed weak with December at S31kc. Sep
TENDER closed at sac. Clearances Of wheat
and -four were equal 70 272O00 bushels.
Minneapolis, Duluth and Chicago reported
receipts OF ltIoo cars against l,uoo cars last
week and LOO cars a year ago.
Considering the sharp break In wheat,
the corn market held remarkably steady al
though prices showed slight losses. Local
receipts were small but the total primary
movement was 25 per cent in excess Of that
Of the corresponding day a year ago. A
carload Of new corn was received in Chicago
today from central Illinois, but the grain
was said to be absolutely understandable.
Several leading commission houses were
liberal sellers. Lower prices at Liverpool
aided the bears. The market closed steady;
December opened unchanged TO &c lower
at 43M044c, sold OF to 4SSsc and closed at
43%c. Local receipts were 266 cars with
119 cars of contract grade
The oats market was affected to some
extent by the slump In wheat. The mar
ket, however, was held comparatively
steady by the purchasing of nearly 1000,-
600 bushels of May oats by leading COM
mission house. Liberal receipts tended to
produce bearish sentiment. December
2T7sc and closed at 2Sc. Local receipts
were 337 cars.
with the exception of a small furry In
September pork the provisions market was
steady. A few lots OF September pork were
wanted but no offerings developed until
the prospective purchaser had bid up the
price 55c barrel. In general trading was
very quiet. At the close, January pork
was off &c at S1237Ik; lard was down 21zG5C
at So I11zd6.SO. Ribs were &c lower al
Estimated receipts for Monday: Wheat
81 cars; corn, 242 cars; oats, 4O2 cars; hogs
10000 head.
The leading futures ranged as follows