The Wichita daily eagle., 1895-04-10
MARKET MADE EASY
FAIR WE4THER AND WEaKEE
CABLES DO THE BUSINESS.
Cables Reflects Mondays Weakness Back
Again--Wheat Opens Weak and Gets
Weaker but Is Saved from Demoraliza-
tion by Export Ciearances and Cash
Demand - European Demand - Corn
Opens Weak and is Heavy all Day--Oats
Active, Longs Selling Freeiy-Provis-
ions Show a Good Advance.

Chicago. April 9.-Fair weather and
easy cables resulted in an easy market
today, May closing Il cent lower, liable
clearnaces and good cash demand
prevented further decline. Corn closed
IS cent lower for May and May oats
lost Is cents. Provisions scored good
advances.
Wheat opened weak. The cables
reected yesterdays easier feeling here.
The crowd had wheat for sale at 547s
cents for May at the opening. and in
the course Of an hour worked down 10
543s4% cents. 1t showed no signs of
recovering until the clearances from
New York were found to amount to the
equivalent of $4,000 bushels in wheat
and flour together. a recovery to 547s
cenls then took place. Bradstreet's
visible supply statement reported a de-
crease in wheat stocks on both sides Of
the Rockies in this country of 2,1S4. 900
bushels, and an increase in and aoat for
Europe of $4,000, making net decrease
OF 100000 bushels in the worlds stock.
NO change in the price here occurred
Immediately after the announcement
The Minneapolis and Duluth receipts
were 295 cars against 313 a year ago and
tiiO aiidHllc port CIedfdnctS OF wheat
and our aggregated 3S2 900 bushels
The cotinential demand for wheat is
said TO be very much in excess of the
English purchases shipped from the
Baltic and sundry other ports last week.
the United Kingdom taking GAO. 900
bushels and the continental countries
$4,000 bushels, and the respective pro-
portions of the shipments of the weak
previous were: To the United King
do hing hole to . h.
1,Sf0,O00 The price touched % cents
about midday and afterwards remained
firm at around 547s cents, which was
bid at the close.
Corn opened weak and heavy feel
ing prevailed throughout the session.
The receipts We're light but the de-
mand was proportiOnately light also.
The number of car loads inspected
here was 143. May opened at 4614 cents,
sellers. 1t soon became very weak and
in the course of an hour or so it de-
clined to 43sGA cents. Some recovery
then commenced and during the last
half hour AS cents was the ruling
price. 1t closed at 453i cents.
Oats We're fairly active. The mar
ket ruled easier under free selling by
longs. May started with % cents.
sold at 29is cents, declined to 2S7s cents
sold again at % cents and closed at
2S7s029 cents. July ranged from 277s
to 2T12 cents, closing at 275sm% cents.
Today's receipts We're PAT cars, of which
172 cars graded contract
Provisions opened abuot at the clos
ing price of the day before but soon de-
veloped an amount of strength that
made the shorts climb. From S119 at
the opening for May pork it rose in the
course of an hour to $3.50 and closed
at S2271a. May lard started at S6.S71a
and advanced to $7021a, which was the
closing quotation. May ribs opened al
S6.221s, rose to s6.371a and closed at
S6.35. Hog receipts were only 1900,
the light receipts and liberal buying
by Armour giving the market its sharp
upturn.
Estimated receipts for tomorrow:
Wheat, z cars; corn, 43 cars; oats, 120
cars; hogs, 1900 head