The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-09-25

Started weak today and closed weak on the
| buliish visible supply statement. Decern-
| Der wheat finished Is cent higher, May
corn q cent higher. aud May oats q cent
higher. Provisions finished with little
| change.
The market opened steady and continued
that way all the forenoon. There were
some bullish items in the days news, but
they were overshadowed by the effect of
the overa bundance of present commercial
supplies. A decrease of ], I52, 900 bushels
on the ocean passage. which was made
known before the opening vas more than
offset, but the home effect of the receipts
of l, l12 cars at st. Paul and Duluth and
the heavier decrease of stocks as well as
the increase Of the visible supply, which
We're being received. The last two items
Of the visible statement changed the re-
suit indicated by those previously received.
Without the report of the quantity on
the lakes and canals, an increase was
shown of LEO, 600 bushels at other places,
bnt the quantity on the slake increased
only $50, 600 and the canal showed de-
crease Of sos. coo bushels which gave the
net result of the visible supply at 975. 600
bushels compared with l, 362 600 bushels
on the corresponding week of the year and
the foreign markets were easier on ac-
count OF the weakness here, as explained
in the private kilograms December wheat
opened here at 81 2 cents; sold spHringly at
"a cents and from that off to 81 TO 543S
cents. After the showing of the visible
figures firmer tone prevailed aud reac-
ton To 545l cents occurred about half an
hs, oil ha rlnt la
steady at the end, finishing at 5i11 cents.
Corn opened weak and ruled SO up to the
time the supply and estimated receipts
were reported. after which it became
strong. The receipts as indicated by the
number of car loads inspected were fully
up TO the estimates, numbering SOC cars as
against the predicted 500 cars. The esti
mated receipts for tomorrow are only 80
cars and the visible supply increased only
5000 bushels against an increase on the
corresponding week Il year ago amounting
to 1.16S. 0C0 bushels, Commission houses
with country connections wer- observed TO
have a good many selling orders and the
local scHipers also showed d bearish dis
position early in the day which resulted
in substantial acknowledgment in case
OF the more Correct forecast of the bullish
minority. May, which opened from $3.50
81 auu SOIu as low as 0V%s cents, ADVANCED
10 so cents and closed at 81 cents sellers.
The Independent frmnees in the oats
market Was extraordinary. The visible
supply showed decrease In oats OF &c.
0UO. and that sesmed TO put The market
right side side up. The demand improved
and sales were easily effected. Trading
was principally scattered. May started a
shade easier at from 1873 cents to $3.50
cents apd sold gradually up 10 3455 cents,
closing at 81 Is cents.
The receipts of hogs at the yards were
only 1900 head. Oalv II. coo are expected
tomorrow. The price was also quoted
frner, but notwithstanding that there was
general raidng Of the market aud a
hurry To get rid of the stuff which soon !
made everything look very sick. Tue
packers We're general sellers. Speculative |
traders who had bseu short took eager adj |
vautAges of the break to cover ana caused !
a lively rally in the last hour of the ses- |
sion. Brokers gave up Armour's name on !
sales of January pork al Sl3 o. which was |
the lowest price touched. October closed |
at sl2. 40 which shows gain of 10 cents. |
Lard aud ribs were weaker than the jan |
u,ry deliveries of hose articles. January 1
lard showed ut the close no change since |
Saturday, while for October it is - cents |
lower.