Omaha daily bee., 1905-12-12
CarlOt Receipts.
CHICAGO GRAIN AND PROVISIONS
Features of the Trading and Closing
Prices on hoard of Trnde.

CHICAGO, Dec. IA pronounced de-
crease in the visible supply of wheat in
strength today to the wheat market here.
At the close the May option was up 40
sc. Corn was down &c. oats showed a
gain Of hc and provisions were Ilsgl5c
lower.
The wheat market was firm for the
greater part of the day. At the opening
s9aS9Sc to S914c. The initial firmness was
due chiefly to an advance In the price OK
were fairly active bidders and the price
of May rose to S91sc Unconfrmed re-
ports of damage by rain encouraged buy
Ing on the local board In anticipation
OF the publication of the government crop
report, which was generally expected TO
be bearish, there was considerable selling
by pit traders This produced a temporary
reaction. during which the May option sold
off to SS9sqSSS4c. According to official sta
al compared with 500 at the correspond
ing time year ago. The total acreage
is estimated at 3l,Sn.0c0 against a.l5S,0o
last year The effect of this report was
quickly dispelled by the announcement OF
a large decrease In the visible supply of
wheat, available stocks being reduced 2,232,-
900 bushels during the week against an in
crease of 24S.0O0 bushels for the correspond
ing week of last year. These figures pro-
duced a firm feeling, which continued until
the close Demand by commission houses
and shorts carried the price of May up to
S99sqS91sc. The market closed firm with
May at k4S9i.c. Clearances of wheat
and flour were equal TO $4,000 bushels. The
amount on passage increased l,512 600 BUSH
els Primary receipts We're 200 bush
els compared with $4,000 bushels a year
ago. Minneapolis, Duluth and Chicago re-
ported receipts OF $50 cars against 5S1
cars last week and Liz cars one year ago.
Because of a reported improvement In
the car shortage situation, which Will en-
able the new corn crop to reach market
more promptly there was heavy selling
OF corn today. The market in consequence
was weak throughout the session. An in
crease of 609 900 bushels in the visible sup
ply against a decrease of 100000 bushels
for the corresponding time last year
brought additional offerings. Weakness OF
cash corn was another bearish influence
The close was easy May opened un
changed TO &c lower at 44&q4i5kc. sold on
TO 449Ac and closed at 44SsC Local receipts
were 49S cars with 6 of contract grade.
Weakness of corn caused an easier feel
Ing in the oats market early in the day
but later the market became firm in sym
pathy with wheat. Trading was fairly
active. May opened unchanged to a shade
and closed at 32AqS2Hc. Local receipts
were 2l9 cars.
With the exception Of moderate strength
in the nearby deliveries of lard, the pro
OF lard was due to a large shortage re
ported i'm stocks OF this product. Short
were active bidders for lard. outside o
this demand the market became inactive
A decline Of l0c in the price of live hogs
which was the principal weakening lnfiu
ence. spread to the lard market late II
the session AT the close May pork wa
on l21adl5c at S3.42h. Lard was dow
TIC at S735 Ribs were lOc lower at H.121
Oils
Estimated receipts for tomorrow: Wheat
2s9 cars; corn, $40 cars; oats, 22S cars; hogs
&c eco head
The leading futures ranged as follows
~ c. %.