Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-04-16
GRAIN AND PRODUCE MARKET
Large Northwestern Beosipts and Unsettled
Weather Cause Erratio karkst,
WIDE FLUCTUATIONS IN MAY WHEAT
VradinE Sentiment Divided as TO
Future Course of Market, but
Weather Predictions
Cause strength.
WOE FLUCTUATIONS IN WAY WHEAT
OMAHA. April IL. 1901

OMAHA. April 10, 1901.
Large northwest receipts, a weaker statis-
teal situation and unsettled weather con-
ditions caused "a nervous wheat market,
which opened very weak, but uuctuated
widely. Corn was In strong position, owing
reports. but oats were weak. Trading was
Of large volume with sens. .snt apparently
divided as TO the future course OF 'the mar
ket, which has resolved into a question as
crop.
cars caused extreme weakness In wheat at
the opening and scattered rains reported
Throughout the southwest caused bearish
feeling
TAe market alternately advanced and re-
acted wildly and II was reported that long
lines. lad been Hquidated BY one large
trader. The market was strained and ner-
VOus, but fair weather predictions pre-
vented large recessions. Minneapolis wheat
weakness was caused by an increase IN the
worlds visible supply Covering by shorts
taken and carried prices back to the orig
tnal figures. Crop reports from Minnesota,
kansas and Colorado were slightly nnIa,
vorable, but the predictions OF IOhuhueu
clear weather caused strength TO De MAIN
tanned. The market closed unsteady with
net loss Of NC IN May wheat and loss
Of sc in July options.
weather which prevents planting ana
small receipts strengtnened corn Slthoug =
consgnments we're small but decrease
was reported In the viSible supply ana the
level. Trading and strength were largest
I'm the July options. which advanced 55c
and closed steady at a decline of NC from
oats opened firm and advanced &c. but
reacted on later trading to below the open
houses Fear of damage by frost sustained
prices, IS the freeze OF last Saturday is
believed TO have caused considerable
damage. Cash supplies were weaker and
slight rains reported caused an easier, feel
Ing. The close was weak, May oats beinS
quoted AllLC. net loss OF hC, ana
similar losses were sustained in the July
and September option. -.
Primary wheat receipts were 1888, 0OJ
bushels and shipments $1,000 bushels,
against receipts last year OF 496NO bushels
and shipments of 241 ,OOO bushels. Corn re-
celpts were $1,000 bushels and shipments
$4,000 bushels, against receipts Of SS,UV
bushels and shipments 1,205, 900 bushels last
year
Clearances were 267 900 bushels Of corn,
none Of oats and wheat and flour equal
to $50 600 bushels.
Liverpool closed sSd higher wheat and
I'd higher on corn.
Worlds wheat shipments were 9,s72,0O
bushels. against 9, 900 bushels last year
Corn shipments were 256IOOO bushels,
against 2,b100OO bushels last year.
The worlds visible wheat supply IN
creased 600 bushels to 5l,164,0 900 bushels
against g. $4,000 bushels last year The
visible corn supply decreased 7lS,O0O bushels
20 II $1,000 bushels as compared with
The worlds visible supply Of oats was
subject to an increase of $4,000 bushels
TO total Of 10579,C00 bushels, against a
supply of 1Ssl5,0O0 bushels at the CORE
spending time last year
Local range OF options: