Omaha daily bee., 1905-07-21
GRAIN AND PRODUCE MARKET
Reports from Minneapolis Result Ia
Bulling Of Wheat.
BLACK RUST CAUSES EXCITEMENT
Conflicting Beliefs as TO Truth of Adj
vices--sePtember Advances Two
and Half Cents-COrn
Holds About Even.
OMAHA. 1uIv %. 1nnk

OMAHA. July 20, 1905.
long line Of rust stories from the north
west ana consequent bulge in wheat was
the feature OF the market MINNEAPOLIS
wired that black rust reports were coming
IN from a good many places. Looks as
though II were quite general in South
Dakota and parts Of Minnesota. Spencer.
Moore q Co., Of Duluth, who took no stock
YESTERDAY In these reports, wire today:
reliable people who told us yesterday that
mere was no rust damage send reports
loody OF serious damage in South Dakota
ana Minnesota Pringle, Fitch * Rankin
wired from Minneapolis to the George a.
ADAMS Grain company: The sample Of
you about yesterday. was examined by one
OF the mill chemists yesterday afternoon
and pronounced black rust" Not content
with these reports, many traders wired
themselves TO Minneapolis dealers and got
the same story.
Der wheat mounted TO Sc about noon and
July went to e0I.c. This was after an
opening averaging &c better than yester:
Septemoer TO ease on. July closed at
S+c, September at SIsc, and December at
TENDER. Kansas city sent word that cash
wheat there was up 2hc.
Corn opened high. but gradually declined
at 5I1zc, old July at size; September at
6ibv, old september at 55d65hc; Deem
Der at 4slsc and old December AZ 5O4c
oats advanced and closed with July at
&sei September at 29Ac and December
at d1LsC.
The Liverpool close was 1%aI7sd higher
on wheat and I'D higher on corn The
wheat was affected by higher American
markets and poor crop conditions in Rus
Today's Inter Ocean disclaims the truth
OF yesterdays rust reports. 1t says that
most OF the reports emanated from one
bullish combination at Minneapolis and
that a number OF big elevator interests
yesterday afternoon were unable TO con-
firm advices sent out by the chosen few.
stocks OF wheat at Minneapolis have de-
creased 10000 bushels in five days The
Northwestern Miller, out today, says the
weather in the northwest has been very
favorable for the growing crop. II says
also that cutting in some parts will com
mence as early as usual this year, but ir
1t adds that no signs OF rust have beer
discovered
Primary receipts Of wheat we're $50 OO
Chicago cash broker says today: "A
new feature of this crop of wheat is tina
II is more evenly distributed than have
ever known II. 1t is not poor anywhere
The east will not draw so extensively from
the west; we will not draw on oregon and
California; Michigan, Indiana and Ohio will
not draw on us, and the northwest will pull
out OF the western markets in thirty o.
Omaha Cash sales.
,WHESAToNo. 2 hard. new 81 lbs. cars
size; No. hard, new, 81 lbs ! car, Sic
No hard, new, SO lbs. l car. sl&c.
CORNING. 4, l car, 5Oc.
Omaha Cash Prices.
wHEAT--No. 2 hard, s6qSsc; No. ? hard
hard. new 7sgSoc; No. hard 7Oa75c; No
c6RN2SoS. 2, 51He; No. 3. 1Ae; No. 4
No. yellow, 5l1sc; No. white, &c; No.
oATs@No. mixed, 9Oc; No. mixed
2s1ic; No. mixed. esHla2sc; No. ? white
3l1ac; No. white S1hc; No. 4 white, Doc
co-vo, n.o.1D,.