Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-02-06
GRAIN AND PRODUCE MARRET
Shipments Large and Northwest Crowd
are Sellers.
CAUSE SHARP BREAK IN WHEAT PRICES
Long Selling Develops In Corn and the
Close IL Bower-Oats weak
Little snow Yet I'm
Southwest.
OMAHA. February 5. 1906

OMAHA, February D, lNO.
Worlds wheat shipments we're large and
almost the entire northwest crowd were
sellers. These two factors broke the wheat
market today and prices were down &c,
ports were received Of damage by the cold
snap Some snow has fallen In MISSOURI,
but none in Kansas and Nebraska. where
temperatures are low. May closed at sac,
July at 65S.c and September at szpsc.
Corn opened strong on higher capies ana
light receipts. Heavy selling by longs de-
Neloped around 4oc and caused break OF
hc, while the accompanying weakness in
wheat was responsible tor further de-
cline. The close was at the low point.
May closed at 44ssc. July at A7sc and Sep
TENDER at 44%@44ssc.
oats opened strong, but in sympathy
with general weakness SUFFERED a decline
of h4rsc below Saturday. May closed at
3Olxc. July at sic ana september ut 2sssc.
Liverpool closed hu2sc higher on wheat
and %su1xd higher on corn.
Minneapolis reported cash wheat in good
demand, No. 1 northern at lie under May;
This vas &c under Saturday, but local
miliers TOOK advantage OF two days re
ceipts, which were more than outside mills
could take.
The visible supply showed a decrease of
$4,000 bushels In wheat, an increase of
60gOO0 bushels In corn and a decrease OF
10000 bushels In oats.
week were IL, $4,000 bushels, against 1Ol20,
600 bushels the previous week and 9'O39,Vvt
ppsh eH iast year Corn sh I hes, We" ere
previous week and 5,0lS,0OO bushels last
year. Wheat on passage increased L36S, Ut
bushels and corn increased 1,617OW bushels
Clearances were i32,OUu bushels corn, lO4,-
COO bushels oats, 34O,UUO bushels wheat and
li,oOo barrels flour. Primary wheat re-
ceipts were $4,000 bushels and shipments
El,O0 bushels, against receipts last year OF
625, 600 bushels and shipments OF 10000 bush.
els. Corn receipts were $4,000 bushels and
shipments $1,000 bushels, against receipts
last year OF SO 900 bushels and shipments
of $4,000 bushels
A Chicago trader says. according to the
Record Herald: Conditions, both legiti.
mate and speculative. which have forced
wheat to the recent low level now appear
20 re largely discounted. and q fair rally
in prices appears to be in order Milling
demand Is beginning to improve specula'
tive holdings have been thoroughly liqui
dated low prices have shut OFF the move
ment, the outcome of the winter wheat croI
is still problematical and the unfavorablt
weather In India will probably seriously
affect the yield In that country. There ha;
been good class of buying the last few
days, and | believe wheat Is now In posi-
ton where. It will readily respond to an,
bull news"
Omaha Cash sales.
WIEAT-No. . hard. l car, 73lEc; / car
12Isc; no grade, car 6Sc.
CORNING. 4, l car. 3o9ac.
Omaha Cash Prices.
WHEAT-No. hard. 76q771kc: No.
hard, 72is475l1c; No. hard, 6SgiSc; No.
spring, ioQi619c; No, spring, 12G7i11c.
CORN-No. 3, 3ld37hc; NO. 5 yellow
37hc; No. 3 white, 3S1eqS9c.
OATS-No. mixed, Zshd2s1sc; No.
white, 29c; No. white, 2SAqZ9c.
RYE-No. ?, 60a6lc; No 3, O9c.