The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-10-13
GRAIN GOES LAME
DECEMBER WHEAT BREAKS PRE-
VIOUS LOW PRICE RECORD.
Dizziness Characterizes the Day, with
Foreign Markets in Like Mood
Four Million Bushels of W neat
Waiting at Dulath-ScW YORK
Wants Winter Wheat.

CHICAGO, Oct. 12-Dullness was the
feature in the speculative market today.
Wheat dragged. while corn ana oats
limped YEARLY in its wake. Prices OF tue
two leading cereals averaged below yester-
days closing prices, but were without ap-
probable change at the close. Oats gained
"A cent and provisions We're firm, closing
ut slight advances.
Wheat opened lower again. and Deem
er in the course of fifteen minutes trading
sold as low as 5211G525S cents, thus break
ing its previous low price record.
There was nothing encouraging to
the bulls in the early dispatches which re.
suited in the decline mentioned. Liver
pool was quoted dull and y d. lower; Paris
was quoted easier and Berlin very weak at
decline equivalent to / cent per bHshel
A private cablegram said the weakness at
the last named place was dull. The re-
reipts AFT Chicago were Oh. and Mlnneap-
oils and Duluth reported 934 cars compared
with l. 056 year ago. An encouraging
feature IN the outlook was the report from
New York of an improved demand for new
No. red winter, the inquiry having hitherto
been confined to tie various grades OF
spring The primary markets re-
ceived a total of 700 600 bushels, including
q Geo bushels AT Kansas City. Duluth
shipped 81 coo bushels, and u dispatch
from there today said vessels had already
engaged to ship .. 000, 900 bushels between
now and Nov Il, and hat 2, 600, 900 bushels
more capacity WAS wanted at come con-
cession In the rate of freight. There was
more solid dnllness in the pit here today
than in any OF the few preceding dull days
nf the week. The range of prices for
December Was confined wit hin 52E cents
4 a. -. Il ~
its lowest. During the greater part of the
session the extreme variation WAS
from 5224 cents sellers TO 521l cents
buyers. The premium for May was
for the most part 55s cents. The market
livened up a little toward the close on re
port Of heavy charter o. vessels for export.
December advanced to and closed at %
cents and May TO As cents.
Although only seventy-fve cars of corn
were received in place of $50 cars as esti-
mated. the market for the article opened
weak in sympathy with wheat. There
were sellers of Nav at from 40 3Ga49I cents
compared with 495S cents At The cicse yes
ierday. 1t declined to 494 cents before
enough support was forthcoming to stop
it. Some buying against puts turn
ed it upward and IL was in the
main firm during the remainder of
The afternoon. IL touched 49, cents for
a moment aud steadied to 49% cents,
where IT remained about an hour. Busl-
ness was very light. The influence of a
lii tie stiffness in wheat near the end help
ed the market. The price has worked off
again to 1873 cents for Nav. hut recovered
49$4 cents and closed al 49ssGZ cents.
Oats experienced a quiet aud uninterest-
ing session. following corn in all its fucf
uations. There was but little disposition
toi trade either way. May opened at 1924
cents, sold down To 3235 cents, up to 33
cents and back to 3@34@B cents, closing
at 80 cents.
The provision market was weak at the
start. but it soon improved, recovered
nearly all losses and added some profit.
The smount of trading was small. Com
pared with last night. January pork and
lard are cents higher and ribs 10 cents
higher.
Chicago Market.
CHICAGO. Oct. l2.
kat tod th,. fnIIo,vtny