The Wichita daily eagle., 1894-09-02

| CHICAGO. Sept. Board of Trade bust
ness was rather lighter today, and the
| bearishness was Oh the contemplation ot
a big array of figures as likely to represent
| the receipts of Tuesday morning. An
other expected addition to the visible OF
| wheat OF about 1909 bushel, was also
against the bulls. As a consequence. Sep
tember wheat is cent lower than it
closed yesterday.
| Corn, after lively rise in the beginning,
tumbled until $i cent lower for September
and % cert lower for May. September
closed for oats I cent lower and provi-
sions finished at advance.
4 general desire to anticipate the effect
on Tuesday morning of the accumulation
of the receipts during the Sunday and
Monday holidays caused wheat to rule
weak 1t was steady for about an hour,
bat broke down when a sudden collapse in
| the price of September wheat reawoke the
wheat traders to what had previously been
in their mind about the expected big re-
ceipts on Tuesday. The receipts today
were rather smaller than estimated aud
in Chicago and Minneapolis and Duluth
the reported receipts did not indicate any
ers deliveries in the northwest
increasing. The foreign markets were
steady and the deliveries of wheat on Sep
tember contracts were all taken care of by
the elevator proprietors. About 100000
bushels was the quantity which was sup
posed to be rendered IN the morning by a
few houses, and after going the rounds it
found it's way all back to the carriers who
have il sold for December. Trade was
sight and he price was thus easily affect
ed by moderate amount of short selling.
December opened at 56X cents, or Is cent
below its closing value on Fridsp; 1t ad-
vanced to 575s cents, sold off to sos cents,
and closed at 565S cents.
There was practically 40 deliveries of
corn on September contracts today, and
consequently the shofls for the month
were alarmed. The holders of the cash
corn did nothing to allay their fears. but
but on the contrary, j. c. Schwartz and
other recognized brokers were bidding for
for the limited offerings, during the first
hour of the session. September opened at
81 cents as against 56$l cents at the close
yesterday. 1t rose eXcitedly to 5SI cents.
and after reacting to 5S cents, close TO
which it held for a short time, IL then
took tumble to 56J5 cents, ana later TO
90 cents, at which latter point 1t
was when the market closed. The
weakness came from expected heavy Mon
day receipts May opened firm at about
yesterdays close and advanced under the
influence of the strength in September,
until the former touched 81 cents, declined
from "a to 525s cents and closed at 53 cents.
or q cents lower thaa on the previous
afternoon. Receipts estimated for Mon
day at $50 cars was weakening factor
The oats market opened with firmer
tone and orders quite plentiful, but this
strength lasted out very short time,
for when :he corn market weakened, oats
followed, and at the end of the session
prices were considerably lower.
Provisions were strong. There was very
little disposition to sell snort. The de-
liveries on September contracts were in-
significant. Pork sold at sl400 for both
September and January, and closed at
Sl3 % for both deliveries, being an inn
p-ovement of from 1919 cents in September
TO ~ cents in January. Lard closed with
10 cents gain in September and cents in
January. Ribs unchanged.
Estimated receipts for Monday wheat,
$50 cars; corn, $50 cars; oats, 325 cars.
Hogs, % GOO head.