Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1910-05-27
LhrlOt Receipts.
CHICAGO GRAIN AND PROVISIONS
Features of stfse Trading and Closing
Prices on hoard of Trade.


CHICAGO, May 26.--It was like a market
in war times today on change. Leading
loi gB unloaded more than S0v0OOO blu. OF
september wheat in lots of $4,000 bu. One
house alone purchased line of 5000 600 bu
arc spectiVe retirement, at least temper
ally, of one of the most conspicuous specu-
latOrs in tho world was among the causes
Another was the almost simultaneous settle
lment orsbig dealings in May wheat whereby
&other traders of prominence apparently have
ended an exciting experience. Tine close
AMas demoIalized and at times the lowest
figures OF the day were 41sdD5ssc under tho
Out tatioits current twenty-tour hours pre-
c,vIous. Corn showed net loss or lie to
1AdI19sc and oats &c to 1Bsn1hc., ProVi-
yslohs closed ,, unchanged 70 i i lower;
peppss as the end OF bull campaign
Mbich was headed by the Spectator who
c'Lrs correct. the leaders losses are great.
thirst transactions in September, Ig10, wheat
Iwere made on December o. 1908, when sales
the option sold up TO $1M1S and today ssld
down to 92Ac. The first the public knew
OF the impending upheavals had no APP
parent connection with tho veteran leader,
a1Dut related to extensive operations In the
May delivery by other large traders. Nearly
100000 bu of No / northern wheat heading
down the lakes from Duluth to be delivered
by short sellers ON May contracts here were
diverted s1SSdeniy C ,, bTitaS9' rms mao;
who has been believed to be the leader In
May contracts had arrived at some settle
mebt with prominent bears in that future
Almost Immediately the price of May col
lapsed 20 and September was carried dowr
cent There was at the moment goot
General incentive for selling September ant
other new crop months with the return OF
warm and seAsonable " Gather In the whee
country east of the Rockies and fine rains
over night IN the Pacific northwest Al
prices tumbled the volume of wheat poured
on the market seemed to constantly In
crease and ver-shadowed all other trad
lngs. Much buying, however, was of
deliberate character and on a scale paral
leled on a runaway market. Nevertheless
each he, rally was the signal for the re
selling OF wheat. A good deal of the pur
chases were attributed to eastern shorts
as well as to Chicago and foreign operat tors
Extreme, weakness marked the close, whicl
showed q net loss of 4ikc for Septembe
and Sac to 6Ac In May
Corn was fairly steady for n time bu
finally gave way because OF the weakness
OF wheat and the warm weather in tn
cVEnI belt September ranged between 1914
ann 6O4c, closing weak at the low poin
OF ,the day, loss of 11a@1hsc The cas-
market also was weak. No. yellow close
at 6lW6lhc. There was much selling OF lon
september oats by cash houses with coun r
connections. Considerable selling OF Ma
&aS also done by tho cash concerns. Sen
N NRnber fluctuated between 36isc and S7ISC
finishins, a shade up from the bottom, bu
l49lhc below the previous close.
provisions were firm at first on tn
lighter run of hogs, but afterwards wer
affected by the weakness of the grain lis
In tho ond pork was down 12I5c, lard uu
changed to 2hc off and ribs unmoved
Leading quotations ranged as follows: