Omaha daily bee., 1907-05-03

Features of the Trading and Closing
Bricea ON board of Trnda.


CHICAGO, May 3.-wheat prices had an
other sharp advance here today because OF
the continued cold weather in the west
was up MONO, Corn was on A9&c. Oats
were down ha9sc. Provisions were up "a
Trading in wheat today was on a very
broad scale, commission houses, shorts and
bull traders competing fiercely for the
grain. The selling was chiefly by holders.
The principal cause of the demand was the
growing conviction that the wheat crop for
1907 viii be greatly lessened because of IN
favorable weather conditions. Reports were
received today from Nebraska and other
sections Of the winter wheat belt that
frosts last night heavily damaged the
growing crop. The prediction Of the
weather bureau that similar conditions
viii prevail tonight intensified the bullish
chief grain centers OF Europe were addi-
uonal sources OF strength. Late In the day
the edge was taken on the market by the
weakness Of coarse grain, but the senti-
ment continued bullish until the close,
which was strong. July opened Aq}sc
higher az siAqS4l9c, sold at Sitc and then
advanced TO sac The close was at s4&c.
Clearances of wheat and flour We're equal
TO $4,000 bushels. Primary receipts were
et6Oo bushels. against 2l.oo bushels for
the same time last year Minneapolis, Du-
luth and Chicago reported receipts OF 4s2
cars, against obs cars last week and 2l6 a
The Strength OF wheat lent some Arm
ness TO corn early in the day, but the
market soon weakened on selling By ele-
for the remainder OF the day clear
weather In the corn belt. which win facili-
tate planting. helped to create bearish sen
ument. The market closed weak July
corn opened sake higher at 50ssq601ac, sold
at 89sc and then declined TO 4shc The
close was az ss.sqe0c Local receipts were
10 cars, with l6 OF contract grade.
Reports Of damage TO the oats crop by
frost caused good demand az the opening.
Prices made substantial gains. but later
the advance was lost on proft-taking sales
The market closed weak. July oats opened
&c lower at Ac higher at ly4sq4lc, sold
on 70 4zise ana a, closed at 42is94Sc. Local
Provisions were hrm on a good demand
for lard. local stocks OF which were much
smaller than generally estimated. At the
close July pork was up Sc at 1853. Lard
Was up T4o at s.. "a Ribs were 2ltdso
Estimated receipts for tomorrow: wheat
g ga cara; cora "a cars oats. go cars; hegs,
81. Louis General Market.
ST LOUIS, May 2-WHEAT-Higher;
track, No 2 red, cash. S26SSc; No. 2 hard
's1fqsie; May 7s1sc; July, dhc
COhN-Weak; track, No. cash, 501k8
sle; NAY 0'so; July. SAC; No. white, s.
oATs--weak; track, No. cash. 4s5Ss:
July go September, Sc; No. white. t4i4te.
49, extra fancy and straight S.25gS. 70
sEbD-stsady; timothy. a-WaST5.
CoRNMEAL,-stsAdy. 81 40
BRAN-F1rm; sacked. east track. stas6o.
Hay, HAY.sles dy; timothy, slb.OO9lS5O; prairie
IRON COTTON TIEs-a.Os.
BAGGING-l0lkc.
HEMP TWINE-iOc
PROVISIONS - Pork steady: iobbfnR
{l6.Eh. Lard, higher, prime steam, 0A
Dry salt meats, steady; boxed extra shorts
30 clear RIBS, s. 62la: short clears. S. "a
Bacon steady boxed extra shorts, SiOs7is
clear ribs, n050; short clears sl062h
F0ULthh-Flrmi chickens, lllac; spring
De1sci turkeys llql2c; ducks, Lie; geese
SC.
BGTTER-steady; creamery. 24qse.