The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-10-20
WAKE THINGS UP
FOREIGNERS WANT WHEAT AND
WANT 1T BAD.
Notwithst anding Uniform Bull News
the Bulls Surge Against Wheat in
Vain Until Big Buying for Export
Turns the Market AboUt-Corn
Advances, Provisions Decline.

CHICAGO Oct. 19.-The foreigners woke
| up the wheat market today. They took
| for export 116 boat loads from Atlantic
ports and five cargoes. and representing
| perhaps 800, coo bushels more at San Fran
| cisco. The market ruled strong but only
advanced x cent as compared with closing
/ prices yesterday. Corfu and oats each fn-
| ished y cent higher and provisions weak
and lower.
There was a shade of greater confidence
in December wheat at 521z cents at the
/ opening but II soon began to futter and
had gone out entirely il the course of an
hours trading. Before the extinguisher vas
put over the struggling feeling the price had
touched 5255@52S4 cents, but inside OF the
hour il HAD twice sold at 25s@5255z ceuts.
ne fluctuations in May durIug the same
time were between 5714@5I5 cents aud
5s5 cents, the lower price ruIiug last and
the tendency was still downward az the
beginning Of the second hour Of the SEES
! Sion. The weakness which thus succeeded
the earlier strength was IN spite OF some
bullish dispatches with which the Seabosrd
piled this market. New York said their
cablegrams were all buiiish and some cable
ecceptaDces Of wheat offered to the CuIted
Kingdom yesterday were received They
also reiterated Yesterdays reported
damage 70 the Argentina crop. Winter
markets reported the probability OF
still small recei pts, while toere were ierge
transactions In cash wheat Tor shipment.
The price had declined before u o'clock TO
81 cents for May and 531E9521 cents for
Decen Der. Buying for export turned the
market sharp around during tue last hour
Large export sales were made at Atlantic
ports and San Francisco. and the price Hd-
vauced rapidly at the Close, December flu
ishing at $50 cents and May at * cents.
The corn market was firm and scored
moderate advance. There was more in
curry reported from the east for cargo
/ lots, and 81 coo bushels was said 10 have
been placrd. Receipts were las cars in
stead of lc5 as estimated. and only 40 cars
are looked for tomorrow. The market,
while firm, was dull May opened at 499.
493s cents, aud stuck between those prices
until near the close. when the advance IN
wheat caused the price to jump TO aud
close at 1914 cents
In oats n fairly active session was passed.
The disposition to buy way very good.
Sellers, however. were not inclined TO get
rid of much OF their holdings, and the
consequences were a quiet market and
higher values. May started at 32i9 cents,
sold up to 323l cents, back to 322s cents
and shortly before The close at 322s G32$4
cents. finishing at 32B cents.
The provision market was dull and
weak aud without special features hogs
receipts Were - 900 head today, and to-
morrow's run is estimated at Is, 900 head.
The openin. prices were at , cents decline
in pork, and q in ribs, with lard bringing
for a moment yesterdays closing prices
The prices declined 10 cents for pork and
10 cents for lard and cents for ribs, clos
ing ut about the lowest OF the days range.
CHICAGO Market
CHICAGO. Oct. 10.
The market today experienced the following;
range of prices.