The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-04-01

CHICAGO, March 3l.-The mild weather and
the reports FROM the country that wheat had
received no damage whatever from the recent
freeze, caused wheat 10 rule weak and to close
y TO Is cent lower than il did yesterday The
corn and oats markets Were extremely dull
and inclined to weakness. Provisions were
weak without any wavering of that feeling.
Wheat opened strong bat not very active at
from COZ. TO 81 cents for May. The local crowd
had at that price u great many hves and tens
of long wheat with from SIS to sla0 profit, and
thai ON the bull side proved too strong temp
tation for the average scalper IL resist. There
were also many damaging orders in 'he way
Of selling May and replacing it with July and
September, principally into the latter deliv-
cry at from 81. narrowing during the opera
ton to cents spread. Counseimap, Day.
Adams, Samuel, Clifford and Schwartz Dupee
Were the most active sellers OF MAY at the
opening. Many OF the selling orders were said
to come from New York. The market turned
Very weak Immediately after the opening and
In little more than half an hour May de-
cllned 10 coz cents. or u cent below the high
est point at the start. Chicago receipts were
% cars; Minneapolis. Is. cars and Duluth, So.
A year ago the receipts for Friday. which
was holiday, and Saturday were reported
together, and amounted: Chicago, $50 cars:
Minneapolis and Duluth, ISL cars. Brad
streets reported the weeks exports of flour
and wheat from both coasts at 800 go BUSH
els, against s3i3.O0 bushels on the previous
week; since January !. 81, 9iS. 900 sheis, COM
pared with Al. 755, 600 bushels for the CORES
ponding period of 1883. The market contin-
ued to rule weak during the greater part OF
the remainder Of the session. There was a
rally to col. cents, and then a gradual fig hting
decline to 6O1s cents, with a sale or two as low
as 50 cents. The closing trades were at 6uls TO
6O4 cents.
The corn market was again very dull and
the price fiuctuating as Tor some days past.
largely influenced by wheat. The market
rrnP LcQ fnr nd no
the firm feeling evapOrated 37a cents was
realized for one or two fives. When wheat
dropped off there was corresponding move
ment in corn. There were temporary rallies
tinued weakness in wheat prevented them
from sticking long AT n time. The closing
quotation, S.1e cents, shows no change from
yesterday.
acted in oats. Sellers were in the majority
and with their offerings and the weak ness in
corn and wheat. the price fell Oft from "a 10 a
cent for near futures. The more remote de-
hveries were comparatively firm. The mar
ket for May opened where IL ended yesterday,
at 3lSs cents. sold nown to 81 cents and closed
at that price.
Thrre was less activity in provisions than
had been the case for q few days previous,
and prices were generally on the down grade.
The run OF hogs for the first part of the ensu-
Ing week was expected to be liberal and that
was given as the reason for the weaker feeling
The days receipts were % $50 head, instead OF
of only 5,0Oo, as had been talked of yesterday
and that gave the market its Initial decline.
Tn longs Were credited with supplying the
most OF the days demand. The more radical
weakness which followed did not develop un-
til near the end of the session, when pork sold
at Sll 80 and closed at s1l 521s, against Oil S2i.
at the close yesterday, Lard wound up al
against So 60 yesterday.
Estimated receipts for Monday: Wheat.
26 cars: Corn, 20 cars; Oats, "A cars; Hogs,