Omaha daily bee., 1907-05-13
Carrot Receipts.
CHICAGO GRAIN AND PROVISIONS
Features of the Trading ana Closing
Prices on Board Of Trade.

Prices board OF IEAaNs
CHICAGO, May 1.-THE wheat market TO
dav was highly excited and exceedingly
strong advancing more than sc N some
options making a total advance OF Gbout
&c since the close OF Thursday. The bust
ness on the exchange was in the heaviest
volume known for long time ana NE
wires OF brokers were so busy throusno1t
the day carrying orders that they had little
time for the transmission Of news. At the
close July was up 3kdSLc Corn was liso
higher. Oats were mp %q5se. Provisions
were 1Oc TO S21ke higher.
From all appearances the country at large
Ras of the opinion that the crop of winter
Arheat will be this year far shot Of that
u 1906. Before the opening Of the market
Arders to buy were stacked up In the brok-
trBs Offices and from the nIst sound Of the
Z Gone until the Close OF the session there
was a constant rush Of buying orders
LEGAL traders were inclined to sell, but the
country outside Of Chicago, encouraged win
the rise Of the last week bought wheat
constantly. At times there were slight re-
Oesaione In the upward movement OF prices
0n asS was foreea ' back &c. but the ef
forts OF the shorts and local traders were
OF no avail against the flood Of buying or
ders that came from all parts Of the coun-
Try The market started up again and
closed strong and near the high market
with the buying demand apparently stu
unsatished. The specific causes Of the
strength shown In today's market were a
strong market at Liverpool the continued
cold weather in the west and northwest
seriously damage the winter wheat crop,
and sensational advices from Canada.
claiming that up to the present time only
Is per cent OF the estimated total amount
Of. seeding has been done IN Manitoba.
Cash wheat az st. Louis and Kansas City
advanced ease and the prices OF grain al
various continental markets were also re-
ported as on the rise Just before the
close free predictions were made by en-
thusiastic bulls that the price OF July wheat
will pass 81, July wheat opened a shade ia
Save higher at &ssd69c, sold between
SS5+e and BAG and closed strong aud
91SsffUhfn pr-frTaar raeafufa a
LOCI bu.. against SIS. 900 bu. for the same
day last year. Minneapolis Duluth and
Chicago reported receipts OF 525 cars
against 5z cars last week and ls2 cars q
year ago.
The corn market was strong and activ,
al day Local receipts were small, but the
chief 5ullish factor was the strength OF
wheat, which carried all other grain with
g. Efforts were made at times by bear.
Betbaeks were only slight and lasted but
a brief time. The market closed strong and
with an excellent demand. July cor
opened Nd1sc higher at 5Osse 70 56Gc. solt
between 5O9sc and 5issc and closed ~,
higher at Slae, the high point for the day
Local receipts were "a cars, with 80 car
The oats market was strong and activ,
and followed the lead OF wheat The gov
eminent crop report issued yeste- DAY wa
taken by many traders TO indicate tina
the crop by June viii show deterioratlo,
from the eondlpon On May ! and much o
the buying was based upon mishelief. Tr d
ing was very large. Cola weather In tn
northwest Was also Strengthening factor
July oats opened hGAc 20 Adl4c higher a
SSho to &c sold between gSssc and tfss
and closed maize higher at 4tac I,oca
receipts were 228 cars.
The boom In the grain markets was re
nected In provisions and prices advance
throughout the day, with pork very stron :
The market for live hogs was &c hiahe
and there was excellent buying by outsider
for investment July pork closed gqil
hiqher at &lT0liA Ribs were up Toe a
~. Lard was l2lsGl5c hfEher AT q. s7iE
Estimated receipts for Monday: Wheat
ears corn. 81 cars; oats. 2ss cars; hos
B. oQ9 head.
The leading futures ranged as follows: