Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-12-18
GRAIN And PRODUCE MARRET
Wheat Suffers Break in Spite Of Bulli,h
News.
FIRST EXPORTS TO FRANCE IN YEARS
May Corn Has Tendency 20 Synps'
thise with wheat, hut IL Checked
by Advance of Cent In
Old December.
OMAHA. Dec. Is. 1875


The weakness in wheat today seems to
nave been the result of the action of the
interests which bought bids heavily last
night and sold the wheat at the opening
this morning and were reported to be buy
ers on the first break to SSc of the May:
There was nothing in the news to warrant
such break. i'm fact, there were number
OF items which should have given conf
dence to holders.
Liverpool. while not materially changed,
reported holders firm. New York claims an
excellent demand for Manitoba wheat. not
withstanding the dizziness, and 5000 bush
els are said to have been worked TO France
the frst in a number of years.
The tendency of May corn to sympathize
with the weakness In wheat was checked
by the strength shown by the old Deem
Der, which advanced 1c on very little buy
ing. The current month Is congested
and as there is little corn OF the contract
grade, and but a short time TO make more,
the price seems largely question OF
whether holders act in harmony or not.
Oats were easier selling in sympathy
acted rather stubborn for the May around
bottom price and an extensive demand from
commission houses developed.
Wheat closed with December 1Ac lower
and May 1c lower. December finished at
AIsdS5c, May at S77s6Ssc and July at SSsSc.
December corn closed AT 6ssc. old De,
e csh11h ei. at 4c' May at t4Ssc ana July al
Oats finished with December at 3O%c.
May at s2Aa52a.c and o July at So%c,, orr
5000 bushels OF oats, 5000 bushels OF
wheat and 5000 barrels of hour. Primary
wheat receipts were 10000 bushels and ship
ments 1900 bushels, against receipts last
year of $4,000 bushels and shipments 81
$4,000 bushels Corn receipts were Sl,ot
bushels and shipments $4,000 bushels
against receipts last year Of $4,000 bushels
and shipments of $4,000 bushels.
Liverpool closed unchanged TO sd higher
on wheat and unchanged to hd lower on
BroomhalI had a cable from Argentina
saying wheat harvest prospects are excel
/ lent. Corn prospects continue to improve
Broomhall estimates worlds shipments
OF wheat for the week will be about lo,tOo,
coo bushels. against 12,752, COO bushels. last
week and $4,000 bushels year ago. There
will be q fair decrease in the quantity or
| passage.
notwithstanding the heavy worlds ship
! ments and movement OF home groWr
! foreign wheat crops. Bradstreets make thu
increase Of Europe and home stocks Aug
ust to y De o 6n6 L. only 100 ousmsIS
period last year. The increase indicate!
/ unusually large consumption.
/ Says w. A Gardner: Worlds exports
! Of wheat from July / to December 9 arr
2l00o,OCo bushels greater than the same
period a year ago. European stocks o
increased ii 10000 less than same, perioc
100000 bushels wheat?'
! From the Record Herald: 1.-THE European
! situation looks very strong. the domestic
situation is about on an even keel, and oi
the whole the outlook generally is health!
and promises higher prices for wheat, sai'
a local. II Russian shipments drop down
as they surely must, European buyers mus
go to Argentina or come here Tor supplies
The whole world is waiting for Argentine
wheat. There is only about one weeks ex
ports at our seaboard, and if the foreign
ers should come after this our wheat mar
l1et would surely run away from us"
emnh. Cash sales.
| wHEAT--No hard. 1 car. 1sc; car, 76c
No. 1 hard. car. 7611c: car SIC,
! CORN-No. 3. / car, 3shc: no grade.
car 56Lc, car, SEC; car. 3Satc.
RYE-No =, l car. Gle.