Omaha daily bee., 1920-10-30
Chicago Grain
BY. CHARLES d. MIcHAELs.,
Chicase Tribune-Op.sha Bsc Leased Wire.

NHtCBEV AVuuWc-OFsptsS ksvo ASS0psA vVs.ts
Chicago, Oct. 2c-sThere were so
many cross currents in the, news af-
fecting the grain markets, that price
fluctuations were numerous and COW
cred good range. The average
was higher and, the close showed ad-
vances Of l3t.to 2 2-cents on wheat,
Us to l1s cent; on corn futures, with
cash up to. 2A Gents on oats, futures
and u cent on cash grain, white rye
finished 1 cent. lower TO ~ cent
higher, the latter on, May.
Highest prices of wheat were
made. on reports of frost daiIagc
in Buenos Aires; although it was not
regarded as serious, and later in the
day Argentine prices were off 3
cents, which led to selling here. The
most important news from the. south,
west was received from J Ralpk'
Pickrell, a Chicago, man, who wired
that from what he could learn, wheat
might sell at 81. so, in go days and
thta holdings by. farmers of the west
is a potent factor. In the least hour,
a report from New York that Ger.
many was trying to.cancel; wheat
and rye and resell corn led to a
break of 8 cents, part'of which was
recovered on buying by Nye jerks,
and other cash shotises. :.
Big Export Trade.
Houses, with seaboard connections were
good buyers most Of the day. part OF
II for French houses. Export business was
over 100000 bushels. nostly to Belgium.
There was tlot OF, selling early on ar-
cars at Omaha. both showing an increase
over week ago. A feature OF tho trading
was the buying Of March and selling Of
December. = ~ ,, y.
stronger cash corn market combined
with the advance in wheat and light re-
ceipts with cash premiums on mixed and
yellow up hc to 1c was the basis for a
vance. OF lhc over the previous days
close. the greater part OF which was held
at the last. A few: of the local traders
was brought back. A great deal Of selling
OF May and buying Of December was on
at 6Mc to &c difference. Receipts were
While oats prices were higher. trading
was Hight and selling pressure curtailed as
compared with previous days. A coed part
December to May at. Nc difference. Little
new buying , Is coming Into the market.
Cash business Is moderate, although re-
ceipts were only SO cars.
Rye was bought by the northwest and
the seaboard, although trading was, light.
December was lower and May higher while
Sasa eass .sss Ss ss Rsnsr Wsrs made ss
at the seaboard for shipments the first
half Of November at zoe over December.
track New, York., <~f
meltsters the best buyers Export bids
out. of line. Receipts were IL cars here
and 9S cars in the northwest.
Pit Notes, I.
Action Of the wheat market was fol-
lowed ios BY the The other, grains; The, speculative
Of the big local operators furnishing most
Of, the business. Strike news from the
southwest is an unsettling factor and re-
pared with a. week ago. tends, to check
LEGAL selling.
While the run Of wheat is keeping up
northwest and the southwest. it tends TO
create belief that farmers are taking ad-
vantage OF every bulge to sell some wheat.
said % BeIsum i had a't bought T Pacific enc coast @
and Indian wheat. It's purchases being
100000 bushels. and that It would not be
a buyer next Tuesday. New York reported
3 22o:ooe bushels wheat or rye worked TO
Export sales Of corn here were 49, .ooe
bushels. and It "a said that part Of the
ttCSnS .bdiSS eApOIlp WIRE 10 SchDOdRu
exporters. who have not placed tho corn
abroad. h. -.s.s.f
Closing trades xef. gains Of llxc to A2e
Ic on oats Cash corn at ic to ie higher
and oats SC higher Shipping sales were
20, 900 bushels wheat. 10000 bushels corn
and 10000 bushels oats. The news Of the
day was, mixed and all had Its influence
Export sales sof wheat at the seaboard
today were 100000 Bushels. to Belgium.
~ p>nI x.ha va-ir
ported 100000 BUSHELS, wheat or rye sold
TO- Jugo-Slavia and an inquiry there ior
5000 tons Of freight room for Brazil. Sales
were 75o:ooo bushels. Export sales Of corn
were $4,000 bushels and rye 10000.
With EASY DESPITE the rys Of
with No. l hard 7hc to SC and No. red
1Sc. to l4ci over December. Millers were
moderate buyers Spting wheats scatce
SC to i5c over December. No. ! Sc to ioc
Kansas ci,y was Sc 70 6 hikher. red
premiums ST. Louis 1c to &C. higher.
Corn. pricesiwere ] 6, to! &c. higher. at Chit
cago with receipts 1900 cars; st. Louis
snsnsnssa ssh.a g a sns 9se sA.l oss
NC higher at Chicago and unchansed to
NC higher In other markets. ~
MisnsspoiJ. Jir.in.
r.. Minneapolis. MINI. Oct. 2s.-Flour-
BranMsslooass.oo ~.
Whest-Receipts. ss7 8. cars compared
NORTH asspesn sss car; ssss Cash MS
32.0sk; March. 73f:u7A. -. =
oats-No; 8 white. soH S5oNc.
BArley--S0 % eSc.n - -,
.sye-No. .Lss@l.go. ...
| Flax-No.F l. $27692.Ts. 'E -