Omaha daily bee., 1905-06-09
GRAIN AND PRODUCE MARKET
Weak Cash Situation and Covering by
Shorts Causes TluOtuation.
ACTION OF JULY WHEAT is tRRA1Ic
Corn strong in All Months, but Heayy
Receipts ForeteII DecIine-oats
Held Little Higher
Than Yesterday.
OMAHA, June & 1qos.

OMAHA, June g. 1905.
oS lnS July wheat market was very erratic.
Opehing %qtsc lower, under influence OF
declined further until II reached S45sc. COW
4, Hiins ing py shorts then caused a reaction and
~ went UP TO e6hc. September held steady
around Sllzo. II closed al that figure De-
cember closed at sl9sc.
onsnIr Corn was strong in all months. The
ypenIns was unchanged, but an advance
July at 5214c, September at 50Itc, old
Receipts, are heavy for this time Of year etH;
ana traders say they do not expect to see
psiCeS psts ,dSa hGid up; ReSeipts at all the mar
cars. Chicago estimates 80 cars for to-
oats held little higher July finished at
SdEe' September at 2SSc and December at
The general situation of crop conditions
Is somewhat improved, says the Cincinnati
Price Current. There is some betterInent
IN the corn crop, but conditions are irregu-
Ial, Delng not better than, and possibly
not equal to-, the average or years Oats
Indicate full average crop Wheat MAIN
tains tain its previous promise. Oklahoma mill
ers estimate their wheat crop at 20 1000, 900
70 S0,0OO0O0 bushels, with the spectators in
ciining 70 accept the lower figures. Flour
STOCKS IN the United States and Canada
decreased 10000 barrels in May. Duluth
sold 10000 bushels low grade wheat to east
ern mills yesterday and said they were
At Liverpool Shows report caused a
quiet opening, with prices asd lower. but
idteI lIle nearer months Stea0led I'D on
very unfavorable crop reports from Russia.
toward noon September lost this slight
gain, being affected by the Indian official
crop estimate. Wheat closed 1aGasd lower.
Corn opened I'D lower and closed lsd lower.
The bull interest In corn I'm Chicago,
which had a stock of almost 100000 BUSH
900 bushels left. They have sold 800,
VOO bushels In week and have boats char
tered for 100000 bushels more. The sea-
board sold 1881 900 bushels yesterday
FROM todays Inter Ocean: 'Ftfty-seven
per cent Of the wheat in the visible supply
In the United States is of contract grade.
against 81 per cent last year. This is a
poor quality OF last years crop, and the
claims made for the last year that good
wheat was scarce. The seven leading mar
wheat, a decrease Of 1T4,000 bushels in
May, but an increase Of 2,1A,0OO bushels
oyer oyer a year ago; e l.; These markets have in
OF wheat, out of total Of IS, 72l 900 bushels
In . the visible supply ~ in the United states,
and $4,000 bushels from last year, showing
a larger consumption of the low than OF
the contract grades. Minneapolis is 50 per
showing Indicates lighter supplies Of low
leaving the higher spades }or specufatiTe St fae
purposes and for consumption at the end
OF the season"
Omaha Cash Sales.
CORNING. 2 yellow, car, 471sc; No. 8,
J l car 46lAc.
Omaha Cash Prices.
WHEAT-No. 2 hard, s6qssc; No 9 hard,
SOqg5ci No, hard, 6OGS5c; No. spring &c.
ziEOKN@No. n 2 &c: No g.. 461Sc; No, a.
No: yellow. 47Ac; No, white. 47ISc; no
a,oATs.No' 2 mixed. 2shc; No. mixed.
3, 3 white. SO1hc; No. white, SOc; standard,