The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-03-17

CHICAGO, March le.-After a dull and easy
session wheat spurted at the close and finished
u cent higher than yesterday. Il was wired
from New York that millers there had bought
$4,000 bushels Of No. g red winter and had
taken 550,O0t bushels OF No. northern az 655S
cents including freight TO Buffalo; that ex-
porters had taken eighteen boat loads besides
and sales OF No. 9 spring for immediate load
Ing was reported here. This sent tire price up
p cent after May had touched Sc cents and the
close was but q cent from the top. Fine
weather and dscouraging cables had pre-.
~iously kept the price down. May corn closed
81 cent lower, May oats Il cent lower and pro-
visions lower all around
Wheat was very dull. There was nothing to
enliyen 1t. Previous conditions were un-
changed at the opening and up TO within an
hour Of the close there was no fresh news of
sufficient weight TO turn the scale of general
Opinion. Liverpool market was dull at IN
changed prices, the weather stil favorabl-
here and the receipts and shipments did not
vary sufficiently from the recent daily average
to disturb either shorts or longs. Chicago re-
ceipts were thirty-one cars, com pared with l95
year ago, Minneapolis and Duluth reported
total Of 20 cars, com pared with 274 cars on
the corresponding day OF last year. A good
inquiry for cash wheat at New York both
Rom shippers and millers, was reported there
and Minneapolis and Duluth opinion con-
CnHed to be of the same bullish tenor as ever
The exports from the f09r Atlantic parts
amounted, In wheat and flour together to
$4,000 bushels, and when this was reported /.
gave a little needed support to prices. New
IorE estimated a decrease in the visible sup
ply for the week OF 80, 600 bushels and those
who arc In the habit Of estimating on II here
made a similar guess The opening price for
May WIS So cents and Is ruled between that
and 5S54 cents up 10 within twenty minutes of
the close The bulk of the DAYS transactions
were at 5sJS to $50 cents A report Of the re-
ceipt5 from New York just at tho close, advis-
ed The purchase az Duluth by New York mill
ers Of 10000 bushels OF No. northern wheat
9. 4 f. Buffalo, and ~, GOA Bushels were bought
here for Immediate loading. The latter was
ali No. 2spring. That closed the market I'D
strong at 59Ja cents bid
Corn was weak after short spen OF steadi-
hess near the opening The receipts for the
nay were pa cars against 2S5 estimated, but
est1n ates for tomorrow amounted TO $40 ears.
This was weakening influence and was in
Etrumental IN bringing about the decline
which succeeded the early steadiness- The
opening for May was S75s and 1t had declined
TO 371s by about l2:3A The market strength
ened toward the close, in sympathy with
wheat, and May was worth 3-5s cents at the
close.
But very Light business was transacted H.
oats. The market was somewhat lower in
nueneea by the dne Weather, which has in
creased the receipts, and also by the decline III
corn. Very little st1E was offered and buyers
were few- Trading was entirely local and
mostly by seal pers- To6ay7s arrivals amount 1
ed TO II cars more than were expected yeSter |
day. May opened 1Salz caat uader yesterdays |
price al 81sa.l cents, and sold gradually |
down 10 3O5a cents Tap ESarEeS nrmsd " |
slightly before the close. May sold mp 10 81
and WAS offered n Slg2S al iAe end Hess wa |
reported to haVe bon clat freely.
Provisions opened firm az a slight aSiFlnce |
In prices The International and the Chicago /
packing com PantGs we're fair sellers at the |
opening. The packers generally reported . |
good inquiry for casa nelts There was z |
moderate run OF the selling, too, and buyers
held alooE apparently expecting lower prices |
The market backed down and filed 81 littl, |
during the day aud acted :airly steady after /
the first decline, until George Goodwin. abou. |
nm hour from the close, made one OF his char |
Rcteristie raids, which mad the effect ofknock-
Ing % cents of the price Of paEk in a few min |
utes- Closing prices E-ere near tho bottom.
Compared with Hasa night May pork is Is /
cents lower, May lard : ceass lougz Ray ribs /
8 cents lower
Estimated receipts fer tomorrow. Wheat |
& cars. cora. SO cars cats, 20 cars hogs !
J., COO head