Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-02-25
GRAIN AND PRODUCE MARKET
Wheat Rules Steady After an Initial
Bulge.
FIRM ON SMALL AUSTRALIAN SHIPMENTS
Corn IL Firm Throughout whole ses-
sion, Mainly on Favorable News
I'm Cash situation-oats Adj
vance Nearly HaIf-Cent.
OMAHA. Feb. "a. 1906.

OMAHA, Feb. "a, 1906
Wheat ruled steady, after reacting from
the initial bulge which was influenced by
9sH1zc advance at Liverpool. The firm
ness abroad was on smaller Australian
shipments The map this morning showed
sour, ana the forecast for generally fair
and colder weather tomorrow. The news
lacked feature. Heavy shipments of -four
from Minneapolis attracted some attention.
Corn was firm throughout the session.
ASIDE from the opening influence of strong
cabes, the Favorable news was chiefly in
respect TO the cash situation. The Chicago
sample mafket was from / to 115c a bushel
hgher, with a good demand. The seaboard
was In the market for corn. The weather
conditions have been bad for the move
ment and the grading OF corn. The situa-
ton Is clearing, in some respects, and a
hrmer, broader market is promised.
oats were very firm throughout the ses-
sion, advancing SC
There was no pressure to speak of on the
market at any time, and the relative posi-
ton of the futures and the cash market
does not encourage short selling of the
FORMER Sample market was strong.
Clearances were l2OOv bushels wheat, H.
w barrels flour, $4,000 bushels corn. 1872. U0l
pusheis oats: Primary wheat receipts were
oSs'Vo bushels. and shipments, 2htyO bush
eis, against receipts last year Of 502,9OC
bushels and shipments OF 163 600 bushels
Corn receipts were 900 bushels and snip
ments 694,UCO bushels, against receipts last
year of 544 ,0OO bushels and shipments OF
N7,0O0 bushels.
Liverpool closed asQhd higher on wheat
Broomhall estimates the worlds wheat
shipments Monday at 100000 bushels
against l2,5lzCOJ bushels last week and
g6gS,UO bushels last year.
Minneapolis reported shipments of flour
yesterday at S6,Ii6 barrels, which shows a
cod demand
Australian shipments this week were
$1,000 bushels against l,536,uO0 bushels last
week and lO4S,OO0 bushels last year,
Minneapolis message to the Tribune
we have been wondering how, with tbs
reported poor -four demand, our milers
could grind and ship SO .auCh each day
sometimes $1,000 barrels n day. We iearr
the true inwardness of the matter. The,
are obtaining high prices for feed, and
md by grinding and selling their feed and
. then storing their flour at Duluth, which
Il costs them nothing, they are in good posi-
lAton to take advantage of the opening oil
NAVIGATION sale and to do much better or
feed than likely to do If the weather gets
Nur..e-.'
From the Inter Ocean: Cash oats ar,
selling higher than futures, and commits
sion houses are advising their countr,
customers who have the cash stun to sci
II now and buy May, July or September, 1
carry the futures, and IL there is going t,
be any advance from a possible delay II
seeding or a reduced acreage or crop dam
. age futures will advance. The position II
corn futures is the reverse of oats. Casl
is selling at n wide discount under fu
tires The country has been selling l..
winter shelled corn as rapidly possible
and has lost heavily the past two weeks
owing to the decline in prices and the fail
ure of the corn to grade No. or better"
The local range of prices: