Omaha daily bee., 1907-05-07
CarIOt Receipts.
CHICAGO GRAIN AND PROVISIONS
Features of the Trading and Closing
Prices on Board of Trade.

Features of the Trading and Closing
Prices on Board of Trade.
CHICAGO, May 6.-Wheat prices In the
market today advanced more t sn.1 Is De,
almost &c above that mark At the close
the July delivery showed a net gain OF ~
20 nc. Corn and cats were each up 40
Provisions were i2lkaibc TO SOC higher.
The sharp upturn In wheat was caused
by a revival OF the fear OF damage by the
green bug and the weather The belief
that the acreage sown to spring wheat will
be much smaller than usual because Of
the continued cold weather. also strength
flooded with damage reports from all sec
tons OF the country. The report causing
the greatest disquietude came from Winni-
peg and claimed that the winter weather
In the northwest had caused a shortage
OF from Is 20 30 per cent In the wheat
acreage OF the Canadian northwest and
declaring that the same conditions prevail
in Minnesota and the Dakotas. A sharp
advance IN prices at Winnipeg partly con,
hrmed this report Although weather con.
more favorable for the growing crop dam
age reports from those sections were as
numerous today as heretofore, the claim
being made that the warmer weather Is
bringing out more clearly the blighting ef-
feet OF the previous drouth. Trading was
very active all day; The market opened
weather In Kansas, Nebraska and other
winter wheat states. Lower prices al
Liverpool and bearish weekly statistics also
the first hour, however sentiment cha ngec
and during the remainder of the day the
prevailing sentiment was extremely bulish
Commission houses led In me buying. The
market closed strong. July opened asQhC
to &qAc lower at SShc TO SShc. advanced
TO S55sc and closed at sac Clearances OF
wheat and hour were equal 70 16S 900 bu
The amount OF passage increased y 752 20,
bu. and the visible supply decreased az,
900 bu. Primary receipts were 1l02,O0) tn.
against $4,000 bu, for the same dav last
year. Minneapolis, Duluth and Chicago re-
ceipts Of 60 ears against 679 cars last
week and IA cars one year ag1.
The corn market was weak early in tn,
day on active selling by elevator interests
T. Pr traders took the larger part Of the OF
ferinEs The market closed Arm Jull
opened Ac 20 AdAc and closed lower a
4ss4tse TO sg9sc, advanced 10 b0iac AMI
closed at s9fsc. Local receipts were "A
cars. with q OF contract gratle
N Oats were sold freely az the opening be
cause OF wet weather IN the west ans
southwest. The market for a time wa
quite weak. Damage reports from Kan
saa and Indiana, together with the strength
OF wheat, brought about a substanua
gally later in the day. The markat close
hrM. July opened Ac to itc lower at AZ
a 20 tlAc, advanced 10 EAds2lhc and close
81 &c. Local receipts were go cars.
Provisions opened weak because Of
lower market for live hogs. but later IN
!, market became strong on active buvin
By shorts and commission houses. The dt
mand Tor lard and ribs was especlall
brisk A. the close July pork was up u
~ ti6a. Lard was l5o higher at SsOsJl
- Kids wNre l2SkQflbc higher al S. 90
Estimated receipts for tomorrow are
Wheat y cars; corn. 446 cars; oats. q
ears; hogs. 1900 head.
Closing prices on the Board OF Tnd
were as follows;