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About The independent. (Lincoln, Neb.) 1902-1907 | View Entire Issue (March 28, 1907)
MARCn 28, 1907. 7 THE NEBRASKA INDEPENDENT WHEAT MARKET DEPRESSED MOIIK r.WOKABLE WEATHER AX AID TO THK BKARS. NO CHANGE MADE IN PRICES Sentiment All Dar Against the Hulls, Bat Tone at Clone " Steady Corn Lower and Oats Up. CHICAGO, March 27. More favorable weather for the growing crop had a de pressing effect today on the local wheat market but because of the covering by shorts the tone at the close was steady, the final quotations on the May delivery being unchanged from yesterday. Corn was a shade lower. Oats were up i&c. Provisions were 20$f2c higher. Sentiment in the wheat pit was bearish all day. It was based upon reports from private sources that light shower3 had . fallen at different localities in Kansas and that the temperature there was con siderably below that of the last ten days. Other factors making for lower prices were a decline at various European mar kets and a continuance of good seeding weather in the northwest The market made a mild show of firmness early in the day because of "green bug" reports but this soon gave way and the tone was moderately weak until the last half hour when prices became steadier on covering by shorts. The market closed steady. May wheat opened unchanged " to o higher at 75W757ac, "sold between IVrM 7tk; and closed at 75c. Clearances of wheat and flour were equal to 72,3)0 bush els. Primary receipts were 380,000 bushels against-a48U)0& bushels for the same time last year. Minneapolis, Duluth and Chl x cago reported receipts of 334 cars against j 50 cars last week and 362 cars a year ago. Trading in corn was dull and prices were inclined to sag. Receipts which were larger than expected and a slack demand from shippers tended to lower prices. The close was steady. May corn opened a shade higher at 4&444lAc, sold at 46Vc and then declined to 45c. The close was at 4&401,c. Local receipts were 260 cars with none of contract' grade. Oats for May delivery were strong but other months were Inclined to be weak. The firmness of the May option was caused by the buying of a leading bull which led to considerable covering by shorts. Excellent weather for farm work was responsible for the easier tone of tho rnorp ilistant future. Mav oats opened unchanged to c higher at 41T4? 4c, sold up to 42i2c and closed at 42c. Local receipts were 147 cars. A sharp advance in the price of May and July pork was the feature of the provisions market. Shorts and local pack ers were eager bidders for pork because of a 510c advance in the price of live hogs. At the close May pork was up 62 c at $16.27. Lard was up 20c at $8.90. Ribs were up 20c at $8.70. Mtjtimated receipts for tomorrow are: "Wheat IX far' nnrn 2&fi rnra nata IflK cars; hogs, 22.000 head. Cash quotations were as follows: Flour Kasy. Wheat-No. 2 spring, 7ft83c; No. 3,73 81c; No. 2 red. 73&4c. Corn No. 2, 444c; No. 2 yellow, 45c. Oats-No. 2, 41c; No. 2 white, 4243c; No. ii white, AQilc. Kye No. 2, 65c. Barley Fair to choice malting, 65.70c. Plax seed No. .1, $1.14; No. 1 north western, $1.21. Clover Contract grades, $15.75. Short ribs, sides (loose), $8. 5008.624. Pork Mess, per barreV Jll6.2516-S7,i. Lard Per 100 -pounds, $8.80. Short clear sides (boxed), $8.759.CO. VVhibky $1.29. . Receipts. Shipments. Flour, barrels 50,800 2S,80O Wheat, bushels 30,000 ' 16,500 Coin, bushels .........512,700 2lS,Ii Oats, bushels 464,500 299,000 Rye, bushels 10,000 3,000 Barley, bushels 153,700 19,800 On the produce exchange today the but ter market was firm; creameries, 2229j; dairies, 2"27c. K?gs Kasy; at mark cases included, 16Q HMc; firsts. 19c; prime firsts, 18c. Cliees Weak, 1315c. Poultry Live, steady; turkeys, chick ens, lie; springs, lie. Open. IHIgh. Low. i Close. Wheat May July Sept. Dec. Corn May July Sept. Oats Ma v July Kept. Pork May , July , lard M.iy , Julv . K-pt. ICUiv Mar Julv , S.pt. 76 7T4 Mi . 77-W .!78flS 79 7Si 784 SOTj 80 i 4i; 46-4 40K, I 4 .1464 4GH !41"?fcfrCf424tt4 41? T74j 37H 3T XI m $l 27-i$li K $!.?74 16.25 S.9rt I 8TW 73 9 10 n STW 8.70 Liverpool Grata Market. 'LIVKlllWU March .-Whl-Spot. Kok 1 rd wtiirn wlatar, etaady. Is $dj No. 1 California, qun fa id. ritttr, atlj; Mann, 4 VI, May. fa 4J; July, fa ISd. CtM-ot, Ajuartcaa uttxad. m, eaaf. 1. s l; American mixed, old. quiet, 4s 7d. Futures, steady; March, 4s l?4d; May, 4s 4d. Sw York Frodare Market. NEW YORK, March 27 .-Flour Re ceipts, 24,300 barrels; exports, 2,471 bar rels. Market steady with a moderate in quiry. Rye flour and cornmeal Steady. - Wheat Receipts, 64,000 bushels. Spot, steady; No. 2 red, Slc, elevator, and 83c, f. o. b. afloat; No. 1 northern Du luth, 91c, f. o. b. afloat; No. 2 hard winter, 8Sc, f. o b. afloat. Conflicting crop and weather news made wheat un settled all day within a narrow range. The tendency was a little easier on the whole, in absence of support and on further predictions for rain, but near the close prices rallied on bug damage re ports, closing partly M.c net higher. May opened at 844 9-16c and closed at 84o; July, 84 11-16'84 15-16c and closed at S4?f,c; September closed at J35c. Corn Receipts, 5L525 bushels; exports, 138,092 bushels. Spot, barely steady; No. 2, 5614c, elevator and 52'4c, f. o. b. afloat; No. 2 white, 55c; No. 2, 52V2c, f. o. b. afloat. . The option market was without transactions, closing unchanged as fol lows." May, 54c; July, 53c. Oats Receipts, 124,500 bushels; spot, easy; mixed oats, 26 to 32 pounds, 46V.c; natural white, 30 to 33 pounds, 47(jS49c; clipped white. 36 to 40 pounds, 4521c. Lard Firm; western prime, $9j$z9.10, nominal; refined, Arm; continent, $9.46; S. A., $10.25; compound, 88c Pork Steady. - Sugar Raw, strong; fair reflning, 3c; centrifugal, 96 test, 3c; molasses sugar," 2c. Refined, steady. Coffee-Steady; No. 1 Rio, 7c; No. 4 Santos, 8c. Butter Firm; street price, extra cream ery, 30tilc; offlcial prices, creamery, common to extra, 2230c; state, dairy, common to finest, 21(&29c; renovated, com mon to extra, l&525c; western tactory, common to firsts, 1921c' western imi tation creamery, extras, 2627c; firsts. 23(9) 24c. Cheese Firm; state, full cream col ored, small, September fancy, 15c; same, white, l4c; same, colored, small October, blast, 14aiiVc; same, whiten 13gl4Vic; same, good to prime, lSKc; winter made, average, be3t, 12c; large Septem ber, fancy, 14c; same, October, best, 13 '14c; same, good to prime, 12'ZlAc; Inferiors, llt&gfl2c. . Eggs Eaeier; state, Pennsylvania p.nd nearby fanry solectod white, 21i222c; choice, 19f20c; brown and mixed extra, 1920c; firsts to extra firsts, 17roH8c; western firsts. 17H(R17c; official price, same; seconds, 17c. Poultry Alive, steady; western chick ens, 9HW12c; fowls, 16c-; turkeys, 13c. Dressed, quiet; turkeys, 1015c; fowls, 11 15c. St. Loals Grain Market. ST. LOUIS, March 27. Wheat-Futures, firm; cash, lower; on track No. 2 red cash, nwnV&; No. 2 hard, 7374c; May, 7474c; July, 7575c. Corn Lower; on track No. 2 rasa, 43Vic; No. 2 white, 45c; May, 4344c; July, 44c. Oats Firm; on track No. 2 cash, 4l 42c; No. 2 whlta, VSM&ifi-, May, 40c; July, 36(gi36?4c. Iead Steady, $6.07. Spelter-Steady, $6.75. Poultry Steady; chickens, 11c; springs, lfc; turkeys, 11c; ducks, 13c; geese, 8c. Butter Steady; creamery, 2231V4c; dairy, 21ffT26c. Eggs Firm, 15c, case count. "v York Cotton Market. NEW YORK. March 27.-Cotton Fu tures opened steady; March; 9.36-39c; April 9.Xc; May, 9.48c; June, 9.50c; July, 9.5Sc ; August, 9.59c; October, 9.84cr'No vember, 9.86-86c; December, 9.92c; Janu ary. 10.11c. Spot closed quiet; middling uplands, 10.95c; middling gulf, 11.20c. There were no sales. Futures closed steady; March and April, 9.30c; May, 9.45c; June, 9.47c- July, 3.52c; August, 9.55c; September, 9.C0c; October, 9.S2c; November, 9.8Cc; December, 9.90c; January, 10.08c. .. Kansas City Grata Market, KANSAS CITY, March 27. Wheat May. 69i,4; July, 71c; September, 724c Cash No. 2 hard, 7075c; No. i, 6&5p72c; No. 2 red, 74fcc; No. 3. 6773c. Corn May, 4';54e; J.dy, 4lc; Septem ber, 42c. Cash No. 2 mixed, 4Wsc; No. 3, 39c; No. 2 white, 42ic; No. 3, 41o. Oats No. 2 white, ffic; No. 2 mixed. Butter Extra creamery, 29c; firsts, 2S&; seconds, 23c; packing, 18c. Eggs Iower, 15c. Receipts Wheat, 47 cars. Omnlia (indn Market. OMAHA. Neb,. March 27.-Wheat No. hard, fiSZrtSSHc; No. 3 hard. 63"?..7H; No. 4 hard, 5,VS2c; No. 3 spring, CMr69c. Corn No. 3, :te; No. 4, 34nia5c; no grade. S0XU:; No. 3 ycitow, 3W4c; No. 3 white. i9r,ifit0c. Oats No. 3 mtxed, weMc: No. 3 white, 334i:3Hc: No. 4 white. 38i?39c. Uye No. 2. c; No. 3, Xew YarV Copper trsrket. NEW YORK, March 27.-Cbpper was unrhanrftd In lnrton with tn thwrng at ESS lis and future at cm. liOcalty. however, the frmrfc.t coniloued utwuKtlad hud was niiifd . ( i nominal at a furtn r flight decline. Ijxke wn qimtetl at $34 .X4pA.TS UrtrolTtto at Vi.VAm OS and casing at M.0M34.0. MhiaaaaAtta Krttn Market. MINNKAPOU8. March tt.-VThen- . HAU) DALXAq SJ pammm i faneMpt tae kafek I flu urn m a InaM IMl V J mw hmii faN av May. 770; July. 7914c; No. 1 hard, 80 80c; No. 1 northern, 7979c; No. 2 northern, 775jT7c; No. B northern, 75? 76c. Flour Mrst patents, $4.1504.25; second patents, $4.00'84.1U; first clears, $3.253.50; second clears, $2,4012.50. St. Loals Wool Market. ST. LOUIS, March 27. Wool-Steady. Territory and western mediums, 24$2Sc; fine medium, 1821c; fine, 14&TJc. THE LIVE STOCK MARKETS CATTLE. OF ALL KINDS CLIMB UP -TEN CENTS.' Uoga Sell at an Advance for the First Time In March. SOUTH OMAHA, Neb., March 27,-Re celpts of live stock were: Cattle. Official Monday ....... 4.240 Official Tuesday 4,436 Official Wednesday .. 3,200 Hogs. Sheep. 4,689 1L210 8.0C6 9.C32 6,800 4.41D Three days this week.11,876 18,655 25,242 Samo days last week.. 18,442 30,929 13,580 Same 2 weeks ago.... 18,466 26,759 27,488 Same 3 weeks ago.... 14,109 20,491 ;'6,647 Same 4 weeks ago....l4,4S7 28,352 30,920 Same days last year.. 11, 672 19,769 ' 3C.817 CATTLE QUOTATIONS. Good to choice corn-fed steers.... $3.255.70 Fair to good cornfed steers 4.605.25 Common to fair steers 4.0UC4460 Good to choice fed cows 3.3o?y4.DO Fair to good cow and heifers,,,, 'j.WgQ.&t Common to fair cows & heifers. 2.01X3.20 Good to choice Blockers & feeders. 4 .254.80 Fair to good stockers and feeders 3.804.25 Common to fair stockers 3.0)3.80 Bulls, stags, etc 2.75&M.40 Veal calves 4.006'6.5d The following table shows the average price of hogs at South Omaha for the last Beyeral days, with comparisons: Date ' 1907 1906 1905 1904 1903 1902 1901 Mar. Mai-. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 18.. 6.47 19.. 6. 48 6.10 20,.6.396.17 2i..6.246.1 22.. 6.16 6.18 23..6.156.25 24.. 6.24 25.. 6.07 26. .6.08146.20 27. 6.27 5.01 5.08 5.13 6.08 6.01 5.08 5.15 5.13 5.04 4.98 7.06 7.19 7.83 7.35 7.44 7.37 7.24 7.22 7.28 6,22 6.27 6.15 6.02 6.03 6.08 6.14 6.12 5.29 5.27 5.26 5.13 5.15 5.22 5.18 5.18 5.06 5.13 RANGE OF PRICES. Cattle. Hogs. Omaha $2.65(i6.25 $6.00G.15 Chicago 1.70.6.75 . 5.508.33 Kansas City , 2.C06.25 B.(XXa.20 St. Louis 1. 4O&06.50 6.00fr6.?S Sioux City 3.006.75 6.OX&.6.20 Cattle. Receipts of cattle this mornrng were very light for a Wednesday; in fact the receipts for the week so far have been small compared with last week, although fully as large or larger than a year ago. Packers all seemed to want beef cattle this morning and there was more life and snap to the trade than has been seen In the yards for some days. Buyers were all out in good season and riding rapidly, so that the comparatively few loads of beef steers in sight changed hands In very good season in the morning. The prices paid were generally 10c higher than yes terday. In other words the cattle today sold about where they did a week ago. Cows and heifers were also free sellers and they, too, were generally 10c higher than yesterday. The receipts being lUrht. buyers soon had everything in sight cleaned up and the yards were deserted at an early hour for the want of more cattle to sell. Only a few stockers and feeders were offered and they sold very readily at strong prices. Feeders have commanded firm prices all this week and as receipts have been moderate the supply has been kept well cleaned up. , Bos. Roes sold VtfiflDc higher this morning, the Ant time the market has scored a decided advance since March 1. The mar ket was a little slow at first, but when once U got started the hogs soon changed hands, everything in sight being dtspod of at an wtrly hour In the morning. The bulk of all the hogs went at $8.10fe6.12ft, with a sprinkling of the beet loads at $t.15. It will be remembered that yester day $fi.02!4 bought a very large portion of all tho hogs, with a liberal sprinkling at $6.OO0.O5. After allowing for today's advance the market Is still 75c lower than it was on the first of the month and 90c lower than th high time of the year. Sheep. There w-ss another fair run of )iep this morning, m addition to which there were a don loads that rame tn too late to be sold yesterday. Tho demand for aome reason or other was not mrj urgent and the trad was slow and d rldrdly la Idns In snap dtrrtng tha whole aeiaviDn. Buyers" orders wwre ripparenUy small and were limited to the better kinds of both shrep and lambs, which wwre none too plentiful, a conwtdrranle proportion eonwtrng of tha medtum kinds. Koch staff as buyer wanted gen r rally commanded steady prtcas and saWtrmtn as a whola wr daarrtblag tb market tut staady en tha atrtetry rood kltlera. but very slow and wrak on the raedtum gradaa. Among tha reroipts wers eitit car of lambs whirh wre weighed up to a feeder buvr at $7 . Quotations on killers: flood to rhna tamt, ft.mm.m; fair to rd lambs, 17. a iPt M; good to chotra yearling, lamb wwtghts, M ; fair to good yearttnirs. heavy whta.B. rCiO; fair to good year itnc. havT-agnts. P SH-W; gmtd to IBIV-B; fa IS 90m old wethers, $3.756,00; good to choice ewes, $5.403.75; fair to good ewes, $5.00 54.0. Chicago live Stock Market. CIUCAGO, March 27 Cattle Receipts. 13,000 head; market for good to choice. 10 higher; others steady. Common to prime steers, $1.0(4j7.00; cows, $3,2545.00; heifers, $3.00d(.25; bulls, $3.4O4.60; calves, $2.75.75; stockers and feeders, $3.004.90. Hogs Receipts, 19,000 head; market So higher. Choice heavy, shippers, $6.2T4 S.Xhi; light butchers, $6,2546.30; choice, light, $6.276.32H; packmg, $5.EO6.224; bulk of sales. 6.20G.25. Sheep Receipts, i3,0M) head; market for sheep strong; lambs, 15c lower. Sheep, $4.00fi6.50; yearlings, $5.00((i7.15; lambs, $0OOCd7.90. ' . KnuHSN City Live Stock Market. KANSAS CITY, March 27. -Cattle Re ceipts, 8,000 head; market strong. Cholca oxport and dressed beef steers, $5.40a 25; ran- to gooa, m.ww.ju; western tea steers SI.23iftS.80; stockers and feeders, $3,500 5 00; native cows, $2,5064.25; native heif ers. $3.50tM.80; bulls, $B. 504.25; calves, $4.0O7.00. ' Hog3 Receipts, 13,800 head; market 5 IMfi lower. Top, $6.20; bulk of sales, $(1.1006.1714: heavy, $6.10Jt.15; packers, &.10fc6.17; pigs and lights, $6.iGi6.20. Sheep Receipts. 7,000 head; market strong. Iimbs, $7.75.75; ewes and year lings, $Q.2Mtf.w. St. Loals live Stock Market. ST. LOUIS, March 27. Cattle Receipts, 3.SC0 head; market 10c higher. Native ship Dine and CXDOrt steers. S5.7CtfiXS.5u: ilresmeil beef and butcher steers, $4.9(OS.00; Block ers and feeders, $3.505.25; cows and heif ers, $2.65Tq)6.25; conners, S1.90Tu)2.00. Hogs Receipts, 8,000 had; market hG) 10c higher. Pigs and lights, $6.OOf0.15; packers, )5.5Ott.20; butchers and best hevy, $6.15(8)6.25. - Sheep Receipts, 1,800 ' head; market strong; native muttons, $3.50fiiS.50; lambs, $4.HXff7.76; culls and bucks, $3.101.00. St. JoMrph Live Stock Market. SOUTH ST. JOSEPH, Mo., March 27. Cattle Receipts, 1,245 head; market strong to 10c higher. Natives, $4J25tgi&.75: cows and heifers. $2.25i4.75; stockers and feeders, $3,756x4.60. Hogs Receipts, 2,800 hc-ad; market 1Q TOn hlsrhfr Ton tR WU.- K,,lb- r.t $6.15ft6.20. Sheep Receipts, 3.31S head; market steady to 10c lower. .Lambs, $(7.4007.80: yearlings, $6.356.75. Treaanry Balances. WASHINGTON. March 27 .-Today's statement of the treasury balances in the general fund, exclusive of the $150,000,000 gold reserve, show: A nlt.l.U 1 , , . . iionauio lajui oaiance .......... Xuj5,iGB,ZW Gold coin and bullion 134,483,60 Gold certificates 48,948,779 "Do people enter missionary work be cause they want to make a Great Sacrifice, or Just to seo strange coun tries? The' old-fashioned lover who seren aded his sweetheart with a guitar, must have been an awfnl trial to tho girl's father. The definition for a "successful op eration" depends a good deal upon whether you happen to bo the doctor or the patient When a woman makes a dress she brags: 1 made It myself," but when soma one says her clothes look homa made It. makes her made. A letter from a woman with chil dren Is mighty unfnterestmg reading at this season of the year unless you happen to be gathering data on coughs, croup and ohickenpax. Sunday is the longest day in the week to those who are in trouble, and the shortest to those who are pass ing through their period of Joy. Thank heaven the street railway com panies of Ltaeom have not struck anr adverse legislation which they think wttt justify them la disroatrunng extension work where ft la most needed. The Chicago board of trade Is the Monte Carlo of the west where nlaety frre per cent of the gamblers lose out Thoae who operate and manipulate at . close rang are the ones who gather la the sheave. "What," queried the spinster, "was the most Interesting thing you mi read ?" "My decree of divorce," promptly re plied the grass widow. Liii Stoek Ccsbslsa K78 Sdsc&r Ftwlif Ci. MOTH OMAHA, NEUASXA. Best aaaattae aarrtee st ail deparuaaate Write ar wtr aa (or markets or ether tnioraaaUoo, 1 ee dtotaaee Qaaaaa