The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-04-05

CHICAGO, April A.-wheas shot mp With q
rush today, advancing cents and closing ~
cents higher for May Crop damage reports
caused the bulge. and despite the heavy sell
ing Of Partridge and kaufman. who poured
out several million bushels. May closed only
Is cent from the top. The trading was unusu-
ally heavy. For some time IN the early part
OF the session 1t was q matter Of uncertainty
whether wheat or pork would furnish the sem
sation of the day. Wheat made the most
sensational advance, but pork made an ad-
vance of IS cents at one time and with so cents
OF that held to the end. Corn and oats were
dull but firm, each gaining about ss cent.
Wheat opened under bull movement with
an advance OF to rs cents over Mondays
closing prices. There were plenty OF Sc lers
wheat at from 81 to 6lI< Genus, but there were
q sumcfent number OF buying orders from
local shorts and from outside sources to alb
sor6 The early offerings and TO prevent
the heavy quantity offered from causing more
than temporary fractional declines during the
first hour of the session. The cause OF the
sudden rise at the opening was the gathering
bullish sentiment due TO the continued bad
reports from numerous sections OF the winter
wheat country. These reports, continuing TO
CONFIRM the opinions expressed Immediately
after the Good Friday freeze. had time To ae-
cumulate during the enforced interim ofyes-
terdays holiday. The seabosTd clenrances or
wheat and flour were very heavy, amounting
pal Atlantic ports. The worlds shipments of
wheat and flour for the week. outside Of what
went from the United States and Canada,
amounted to So COG a 6us s and the total
OF about 100000, needed by the
importing countries. All these rather bullish
facts were put into the shade when It became
known that i'm addition TO the crop damage
east OF the Rock les the crop on the Pacific side
was also seriously threatened with disaster.
Prices appeared no object until May had ad,
yanced 20 63 cents and a shade higher and
July TO 64A cents, as against e cents at the
close OF Monday for he latter delivery. There
were sales as high as SS1s cents and then re-
action to 62ls cents, followed by another bulge
to 50 cents and the price was 6s15 TO s. cents at
the close.
The corn market was but slightly affected
by the bulge In wheat. Trade was dull and
the purchases causing that slight gain were
apparently on the expectation OF q still greater
amount OF sympathy with the wheat market
A quiet ana undressing session Was
passed in the oats market. Prices opened
frner In sympathy with wheat and followed
that cereal in all Its fluctuations.
The hog products were active and consider.
ably higher. Pork led in the advance, jump
ing up IS cents per barrel in the course of the
day and ho ding 521s cents OF the gain to the
close. Brokers supposed to be buying for Ar
generally were apparently inclined TO favor
the advance. light run of hogs IL expected
for the near future and to that was ascribed
eepss oday were head and the p price at
the yards was reported from TO 10 cents
higher. Lard and ribs did not show 80 much
vim in the way Of adding to their former
value as did pork.
Estimated receipts for tomorrow: Wheat,
20 cslrs: corn, 4iO cars; oats, $50 cars; hogs,
., 600 head.
Chicago Market
CHICAGO. April. l.
The market today experienced tho following