Omaha daily bee., 1905-11-09
CHICAGO GRAIN AND PROVISIONS
Features of the Trading and Closing
Prices on Bonrd of Trade.

Prices on Board of Trade.
CHICAGO, Nov. S-Russlan news domi-
mated the wheat market today. Reports
OF continued disorders developed decided
strength In the price Of wheat, the May
option closing with net gain Of &c. Corn
is UP Md&c. oats show gain OF AaSc.
Provisions are up nc to 10c
The wheat market was strong the entire
day Influenced by higher prices for wheat
at Liverpool the market here opened firm,
main cause OF the advance at the English
market was the possibility of prolonga-
ton OF disturbances In Russia, private dis-
patches from that country indicating that
rioting was still in progress in several To-
calities. Another factor Of bullish sig
nihoance was statement MADE py an
English statistcian who declared that a
transfer Of the chief center OF interest In
the grain trade from Russia to America
was Imminent" This was generally taken
TO imply that importing countries would
have to look outside OF Russia for supplies
OF wheat. America, It was argued, would
naturally benefit thereby. The effect OF
this statement was later heightened by
what was called an official report OF last
weeks shipments Of grain from Russia
wheat for the week were 100000 bu. less
than that given out Monday. In audltion
to the influence exerted by foreign news
the market was affected by a sharp ad-
vance at Minneapolis, where receipts
showed considerable falling of. Through,
out the day there was an urgent general
profit taking in the December option, the
market gained additional strength. For
May the highest point OF the day was
reaction occurred on profit-taking but the
close was strong. final quotations on May
being at 905kc Cearances Of wheat and
-four were equal to SS7,5OO bu. The world. S
| visible supply, as shown by Bradstreet S,
increased 100000 bu. Primary receipts
! were 2,50200O bu., compared with 2ll5,OOV
| bu. year ago. Minneapolis, Duluth and
| Chicago reported receipts of l,464 cars,
against sos cars last week and lSl5 cars
year ago.
The strength Of wheat was an influential
| factor contributing to a strong corn mar
ket. Renewal of an urgent shipping de-
mand helped to increase bullish sentiment.
! Demand was further augmented by fresh
! complaints of damage by wet weather. The
! volume Of trading was large. The market
| closed strong, with prices almost at the
! highest point of the day. May opened 1Ag
| sc to 9sQIlzc higher at 47q47lsc, sold up to
47aSc and closed at Fhc Local receipts
were COZ cars. with A cars of contract
grade.
A firm tone prevailed in the oats mar.
ket largely as result OF an Improved
grain, however, had considerable effect
The market derived further strength from
the comparatively small local receipts, ar
| rivals today being $50 cars less than haC
been estimated. The market closed strong
| with prices at the highest point of the
cay. May opened shade 10 hdhc higher
at SS1tqS2tso. sold up to S2&c and CLOSED
Notwithstanding decline of 10c in thu
price OF live hogs the provisions marke
was firm the entire session Demand To-
pork was good. Lard also was in fat
demand. Strength of grain had some eff
feet. At the close May pork was up 10
at Sl2S. Lard was UP 219d5c at SlCgl
7o2h. Ribs were PIC higher at s6.771hq6so
Estimated receipts for tomorrow: Wheat
q 900 head
The leading futures ranged as follows: