The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-10-05
FRIGHT is OVER
WAR SCARE Has RECEDgD BUT
GRAINS REMAIN FIRM.
Shorts Bid Decem Der Wheat Up on
Reported Big Sale-Primary Mar
ket Receipts BetOken Scarcity and
the Western Hog Goes on Eating
Everything Helps corn Up.

CHICAGO Oct. despite the apparent
collapse of the European war scare, the
grain markets were firm today, closing
with wheat cent higher and corn 9 cents
higher for October, and Is cenr higher
for May. Oats show a gain of 3 cent.
Provisions marred the general harmony by
acting weak and closing lower The north
western receipts at country ports We're re-
ported to have fallen off about % per
cent spring wheat was in good demand for
shipment east and fear that the move
ment was ahour TO give further evidence of
the liberal feeding of the article to hogs,
all contributed to the days strength
Wheat opened firm on what the shorts
saw iD the morning papers on war. While
ubas class of buying received little
stimulus from the c4use referred to, buy-
ing for the long account did not seem III
spired by il TO any exteat. English con-
sois recovered some OF yesterdays decline
and private cables reported an abateme nt
in England of the war scare. Liverpool
Was, however, reported firm at the opening
for wbest and Paris and Berlin were like
wise quoted each a trifie higher. The bulls
observed the receipts At Minneapolis and
Duluth were 929 cars and that spoiled their
appetite for tue time being. Buying shorts
were numerous enough, however, TO keep
the price 4 cent above yesterdays closing
figures. Decen Der wheat opened with
buyers at 5314 cents aud kept within the
rauge of thai and 521z cents. December,
however, gradually weakened until there
were sellers for q matter OF fen minutes or
SO at 531s cents. Just then il began 10 be
whispered about tnat 5000 bushels of
No. 2 spring wheat had been sold here for
shipment and that caused "A lively scramble
among the shorts for offerings, which dried
up suddenly when wanted and the shorts
bid December up to 5355 cents.
The primary market receipts gave fur
Their evidence OF the approach of COMPARE
tive scarcity. They amounted to only
80 600 bushels. Export clearance from
the Atlantic ports were light, amounting
only 60 29i, 900 bushels in wheat aud -four
together. Second cables reported Berlin
lower, but prices retaining the early slight
advance aud Liverpool : pence higher
since yesterday for red winter. What was
taken for confirmation of the sale of the
800 eco bushels of spring wheat gave the
market another hoist. December touching
on this squirt 53$l@53% cents. The con.
frmaIion referred 20 Was the naming of
the reputed purchasers, Edgerton and
Winaus
Armour g. Co.'S name Was mentioned as
the reported sellers of whest. This slim
ulated buying ard another rise TO a *
cents took place. The market ruled strong
to the end. December touched 541l cents
and closed al d cents. Reports of much
smaller receipts at country points In the
northwest today WAS an element which
went to today's bullishness.
Receipts of corn We're light. numbering
only 81 cars and only 50 are estimated for
tomorrow. The moderate receipts, mod
crate estimates aud active demand Tor the
near deliveries of corn. conspired to make
strong market for it. October
corn which closed yesterday at 4S%s
cents, rose to 9O75 cents ana
regular at from 014@5014 cents. and after
fluctuatIng during he greater part of the
forenoon between 501I cents and 1875 cents,
IL became very strong and sold up Il ola
81 - cents, and closed at 50]s cents BID.
County offerings were reported TO be
light, and seaboard users of corn were said
To be showing more desire to buy. Busi-
pess in speculative way WAS fairly active.
III oats there was quite large amount
of stuff changed hands and quite Il big ad-
vance in prices. The firmness in corn. to-
gether with generally good disposition
TO buy. were both influential in causing
oats values to advance. Sellers Were
quite numerous. but the BUYERS, prin-
cipally shorls, were considerably in The
majority. Trading was mostly all scat
tered. Carrington-Hs however.
bought freely. May started = cent
higher than it closed yesterday, at 1875
cents, sold down to 1885, cents. and I'D To
"a 4 cents, closing at "a 1.@}4 cents.
A weak hog market auu strong opposi-
ton to an advance 10 prices by the packing
interests caused weakness in provisions.
Business was rather light and offerings
not pressed in large amounts. Pork broke
80 cents, lard 221 Gems and ribs 10 cents.
Later the strength in grain helped 10
some improvement aud the losses at the
close amounted 10 ~ cents only in pork
and ribs and 10 cents In lard. Receipts of
hogs were -, coo.
Chicago Market.
CHICAGO. Oct. 4.
The market today experienced the following
OF