The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-11-23
DIVIDE THINGS Up
BULL AND BEAR SIDE EACH Has
ITS INNINGS.
Mondays Visible supply Threatens
Foreign Reports OF Shortage in
Russian and Argentine Crops
Latter Cables Weak and Hit the
Market uard-Corn Dull.

CHICAGO. Nov 25-The anxiety OF hold
ers OF Drcem Der W heat to cancel their con-
tracts and the shadow of Mondays ex-
pected increase 10 the visible supply were
the bearish features OF today'S market.
Otherwise the fresh news was bullish. At
the close there was loss Of Is cent. Corn
was steady until near the Close, when it
weakened a trife, closing unchanged.
Provisions opened firm and closed weak.
Oats closed unchanged.
The temper OF the wheat Spectators
charged again to the bull side this morn
ing. The Russian crop OF wheat was
officially dec AIRED 70 b. approximately
"a 0O0,000 bushels less than the year before
and Beerbohm's cablei that the Argentine
crop would be no larger and probably less
than that OF last year. Those items started
wheat at an advanc- of = cent, compared
with yesterdays closing price. The Gu
clnna,i Price Current said that wheat feed
ing continued liberal, aud estimated the
invisible reserves and stocks IN sight in
this country at 4. 900 bushels less than
they were year ago. December was
wesker than May, the near approach OF
delivery day causing n general desire TO
liquidation. Minneapolis and Duluth re-
c-Ived SJ2 car loads, against J9S last year
,
The opening c4blegrana were firm and the
closing weak. The latter came in at a
moment when the market was ready To re-
spond 10 bear news and they were the &C.
casiOu Of the lowest prices of the day.
May op-ued al J955 cents bid, sold spar
Iugly AT 59}s cents, worked gradually 10 Nn
to 80 cents, then recovered to 49, cents,
after which the price dropped 10 IS! cents.
AbouJ all hour from the close TIL price
WAS % cents. Selling out OF long Deem
Der wheat was one or the weak features of
the pit trading. May closed at 5S35
Corn WAS very duh but Father tirln most
Of The day. A good many buying orders
were in the market for May corn a -
cents The receipts were 5i1 car loads in
stead of $40 rs estimated yesterday, aud of
the total only forty cars We're CONTRACTED.
The latter feature OF the inspection was
one OF the strengthening points. The
market varied very little ia price during
the day but got trifie limp near ;he close.
Nav opened at 49, cents aad after barely
touching 4914 cents 1t aiiernated after that
until within half IN hour from The close
between 10 cents bid aud 1873 cents sellers.
AS the end of the session approached II
got below 40 cents, closing at 4Sjs cents.
Trading ia oats WAS very dull. a COM
paratively steady feeling existed III SYM
patty with the likewise well BANGED CON
ditiOn of the corn market. May started
at 32j5 and sold mt 4255 cents. where II
closed.
Provisions opened firTi, but closed weak.
The run of hogs was 5000 head less than
estimated yesterday, and % that and esti-
mated receipts of only s. 600 for tomorrow
was due he early bui!ishness. The pacS-
ers turned sellers, and prices went down.
January pork closed , cents lower, Janu
AIRY lard T. cents lower, and January ribs
u cents lover.
Freight slow. Two loads of wheat to
Milwaukee taken at q ceat.
Chicago Market.
CHICAGO, Nov. %