The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-11-03
GAINED AN EIGHTH
WHEAT AND CORN SCORE AN AID.
VANCE AND CLOSE FIRM,
Diminishing Receipts Indicate Less
Increase in Visible Wheat supply.
Good Inquiry Abroad Corn Infiu
enced by Wet Weather and Later
by Firmness in Wheat.

| CHICAGO, Nov. 2-Whcat acted tired
the greater part of today's session, but
was firm at tie finish, closing with a gain
or Is cent. Diminishing receipts, which
are giving rise to the expectations of less
than $4,000 bushels Increase in the next
visible supply statement, and Considerable
inquiry from the United kingdom for
offers, caused the continued strength
! Corn averaged easier but closed firm and
IS cent higher in sympathy with wheat.
Provisions were dull and 4 shade lower,
and oats closed unchanged
The wheat market opened rather irresu-
larry over Il range of about i cent
per bushel, or LID cent below
to IS cent above the previous
days closing quotations. 1t did not jump
those limits during the first two hours of
the session. With the exception of the
rain there was nothing TO change the pre-
vlou>Iy prevailing sentiment. The mort b.
western receipts were heavier than yester-
day although somewhat smaller than OH
the corresponding day OF the year before.
chicago receipts were light. Foreign
markets were firm. The lighiuess of stocks
In England AID the poor condition of the
farmers deliveries III beth England and
France is said to be forcing the millers OF
those couutrItS TO use a large proportion
OF foreign wheat. st. Louis advised
a sale for export of what WAS
called good sig, d line at more than WAS
offered for ii yest erday, and . cents over
The best obtsinable BID earlier This werk
The highest price for December at the
opening Was 531s ceuts, aud 1t sold down
after that to 5255 cents. Il did not again
sell as high until within fifteen minut S
OF the close, when it brought 53II cents
and little later 1t touched 53%5 cents.
May from 5S@5s1 cents at the start, sold
down to 51$4 cents and back again near
the close to 5S}s cents. The closing quota
lions Were 531s0501+ cents for Decem her
and 5S58@33l4 cenls for Nav. Closing
cables tom Berlin reported y mark ad-
vance aud Liverpool = pence higher
Coru was fairly active for about half an
hour and then sank into stale of sus-
pended animation which lasted during The
greater part OF the remainder of the ses-
sion. The price took a jump of about
= cent per bushel at the opening and after
tia; up to within All hour of tue close, the
tendency Was moderately downward. The
rise at the start was attri buted to the in
fueuce of the rain and the prospect of
more wet weather. A good deal of realiz-
ing CAUSED the decline. By i o'clock May,
which bud sold partly at Ola cents aud
sparln9ly ut 81 Is cents at the q. ening, was
down 10 81 IS cents. Dec m Der, which near
the opening IA high As 81 cents. was down
10 So cents by noon. the tirmess Of wheat
at tn finish caused reaction May closed
at 81 c-Gts and December al 5l$4 cents
Extreme dullness continued 10 be The
only feature of the oats market. The dis
position To sell was very scant aud outside,
as well a. local orders even, We're as scarce
II not more so. Fluctuations were en-
tirely in sympathy with corn. May opened
slightly hrmer N 32E c-uts, sold off later
20 3215@32%s cents, and the close was at
1924 GEMS.
IEe provision market was both heavy
and dull. The trade is depressed with a
GlSquIetiDg feeling of prospective heavy
receipts of hogs. Receipts were 81 600
head aud for tomorrow $4,000 are expected.
Lard Is again undi,tured from its previous
days resting price, but porn is ~ cents
aud ribs 2lz cents cheaper