Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-11
CHICAGO GRAIN AND PROVISIONS
Features Of the TradinE end Closing
Prices on Board OF Trade.

CHICAGO, Oct. 1O.-The rosy outlook
shown in the government crop report eased
prices today In the wheat market but the
effect was Offset later by purchases on the
part OF a leading bull. At the close wheat
for December delivery was practically un-
Corn Is on hqSSc, oats are down &c and
provisions 25kd6c.
The wheat market opened with a slight
changed TO a shade lower at s5Stc TO s5ts@
s5&c. The downward tendency was due
mainly TO the failure OF foreign grain mar
kets to respond 60 the advance here yester-
day. Weather in the American northwest
was again unfavorable for the movement
many sections. Receipts today at Minne-
apolis and Duluth exhibited considerable
decrease compared with the total on the
a year ago. Bullish influences, however
were seemingly overlooked for a time
Somewhat restrioted H By the fSet that the
government crop report was TO be made
public at noon, Meanwhile the market be-
prominent long. the price OF the December
option advancing 10 sac When the official
statistics regarding the spring wheat crop
were given out the market weakened de-
cidedly, December dropping to s5hGs5hc.
According to the government report the
average yield Of spring wheat is li.7 bushels
Last year the average yield was 1911 bushels
an acre and the quality 75.7 on the basis
the total acreage at i7sis' 90 acres the total
Weld OF spring wheat in the United States
for 1905 is IN the neighborhood OF 2Ss, sll GOO
again supported by the leading bull, as
sisted by numerous shorts: Buoyed by this
demand the loss was all regained, The
market closed about steady, December at
S5%c Clearances OF wheat and -four were
equal 10 12S,OO0 bushels Primary receipts
were I, 5000 bushels, against $4,000 a year
ago. Minneapolis, Duluth and Chicago re-
ported receipts OF $50 cars, against 1854 last
week and LA year ago; ,,.,- -,
this Years. crop Of corn, as shown by the
government report, caused weakness In the
corn market. here closing quotations being
Early in the session the market was quite
| Arm as a result OF sharp advance at
Liverpool. During the first hour shorts and
commission houses we're active buyers.
With the publication of the official figures
concerning the new crop mary OF the early
buyers turned sellers; The government re
compared with se,5 a month ago. Using
| twenty-nine bushels as a par Of yield, q
acres acres suggests q total yield Of 24Si, ,OOC
bushels. Wet weather and small local re-
ceipts were minor bulish influences. De.
~ ta Spe sod between tween Ec ana Hsc and
closed at H%c. Local receipts were 21
cars, with 116 cars of contract grade;
The oats market was weakened by the
government report, which shows an average
| yield OF $40 bushels per acre. Indicating
ests and commission houses sold quite freely
throughout the entire session. The market
closed weak with prices at the lowest point
OF the day. December opened hc higher al
2S%c, sold of to EXC and closed at the bot
tom figure. Local receipts were 800 cars.
As a result of a &c decline in the price o.
| live hogs, following liberal receipts. senti
ment in the provisions market was bearish
| Trading was very quiet. feature wal
selling OF January products by packers A
| the close January pork was OF 2hc a.
! S123Th. Lard was down Prose at $5.S215
| Ribs were 21c lower at s645.
| Estimated receipts for tomorrow: Wheat
"a cars; corn. 40 cars: oats, 2S cars; hogs
| 30, 200 head