The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-10-04
WAR CLOUD DID IT
NO BIGGER THAN A MANS HAND
BUT IT sCARES WHEAT UP.
Advance in Wheat Meets Free Selling
and Doesn't Travel Far-One
Dump Reported of Five Million
Bushels-Western Hogs Hanker-

CHICAGO, Oct. 3s-The bark of the dogs
Of war echoed by the cables, scared wheat
into moderate advance today, but the
bulge was met with free selling and De-
cember closed but cent higher. The
other markets sympathized with wheat.
May corn closed IS cent higher. May oats
Is cent higher, and provisions finished at a
slight advance. A suggestion of a war cry
was ticksd off by the cables before the reg
ular trading commenced, and December
wheat, which was weak al 52$! cents yes
terday afternoon, was wanted on the curb
at $50 cents, and the regular trad
ing confirmed the action of the cnrb.
December started with buyers at from
50M53M cents. and the demand for il
showed no abatement until it had ad-
vanced shade over 53% cents. Deem
Der, after hating around 53s cents, took
another leap and sold to 5515 cents for a
second before it was shaken Gown again to
53H cents. Those fluctuations covered he
results of the first two hours Of trading.
The hogs appetite for wheat came to The
front again. Winter whear receipts We're
supplying strong evidences of growing
scarcity in the country, and even the
northwestern movement was smaller
than of late The total amount
900 bushels, while year ago 923, 600
bushels was the total of the primary
receipts. Business in the pit was brisk
and at times quite heavy. The elevator
men took advance oil the excitement to do
a little scalping. Valentine. of Armour q
Co., bought at the opening effusively,
while he had NJ. c. Mitchell and Tommy
O'Brien selling for him most diligently.
The Weare Commission company were re-
ported to have dumped 100000 bushels OF
December when il touched 532s cents and
that caused Its sudden drop from that to
IS cents. The Atlantic port clearances
were liberal, amounting III wheat and
-four to 100000 bushels The closing
cables reported Liverpool firm aud p pence
higher, but both Paris and Berlin were
weak and lower. In the last hour of the
session the market ruled quiet, December
closing at 53 cents.
The corn market was strong at the open
ing and firm all day, chiefly in sympathy
with wheat, but also To IA considerable ex
tent, on account of small receipts The
inspected cars numbered 10l, and only 20
cars are estimated for tomorrow. The
openiug price for May corn was very irreg-
uar. some TRANSACTIONS being rs low
49, cents and ranging from that up To
49, cents. There was one advance to 5014
cents during the course of the day, but %
cent of that was subsequently, knocked oil.
l. ne CiOSln1 price was "a 1Sf5 CculS.
Oats opened with a gooi sale and fol-
lowed the movements of corn. Shorts
were bidding quite freely and, with only
moderate disposition to sell, some
strength was also derived from this.
Darlington Hannah throughout the ses-
sion disposed of quite good
many oats, with Baldwin. Farnum and
Milmine- Bodman buving. May started at
334 cents, sold at 3314 cents up to 1875
cents aud back 10 $50 cents where il
closed. Because of the better grain mar
kets provisions recovered a little more OF
their recent decline aud although the latest
transactions We're at good deal under the
top prices of the day, they still held gains
compared with closing prices of the day
before. Pork is higher by ~ cents. lard
5 cents and ribs pa cents. Hog receipts
today Were 26, 900 aud -, 900 are estimated
for tomorrow. Freight rates are weaker
at Us ceets for wheat, aud IA cents Tor
corn to Buffalo.