The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-08-14
GRAINS LET ALONE
sPEOuLAToRs LEAVE THE MARKET
IN OTHER HANDS.


DrOuthy from Interior States, and the
Market . Bit Overs0ld, Maybe-Oats
Quiet-Deelise In Provisions Continues
Chicago. Aug. 13.-The SPECTATORS
In wheat and corn abrogated their
function as makers Of prices: they left
that TO the handlers of cash grain
today. Being left to the latter, the
price Of wheat was advanced 1 cent
per bushel and corn was raised IL
cents per bushel Oats recovered also
and for all three grains the demand
was excellent. Shipping room was
taken for 325, 900 bushels of wheat, 49,
600 bushels OF corn and 5000 bushels
Of oats. Forty thousand bushels OF the
wheat goes 20 Toledo and 10000 by
boat 10 Detroit
Initial trading in wheat was At y
cent decline but il gradually sold UP
Is cents. eased of LGas cent, ruled
steady and closed as stated. The ear
~ weakness displayed was due alto
gether to the foreign news, Liverpool
being of !. cent for spot and down a
al for futures. The weakness dis
played in the northwest was also q
factor for the moment. as was the bet
ter weather for the movement. Nortn-
western arrivals were larger than the
same date a year back and was siSo
a feature. At the decline there was
pretty good buying. New York taking
on considerable and LEGAL shorts also
pure hasing with conSi tc-ab.c l-ee-
dom. Reports fro Il New York stated
that foreigners wee buying there.
Second cables were reported as COM
I'M ~ nd 81 g. -
strength to the market, rs did The very
fair demand for the cash article here,
sales aggregatlng $4,000 bushels being
reported, part of which was for direct
export. Receipts were 30 cars with 10
cars contract against s42 cdrs year
ago when $50 cars W. graded. Csn-
tract stocks decreased last week ias,-
Joe bushels and are now l4.;57 30 push
els of which -. 900 bushels is winter
and the balance, 1,o13 90 bushels.
spring wheat. Showers ard cooler
conditions were indicated for the
northwest where tlir we ith,r with
higher temperatures have lately pre-
France and that was among the m.no-
bull items. Exports of wheat and
-four were some larger al 320. go bush
els, OF which 10000 bushels WAS in
-four. The worlds shipments were re-
ported as 5.6s6.000 bushels, Of which
Russia contributed 2.i60.t-,0 bushels:
sundry ports GAG, 900 bushels: America
1.550, 900 bushels; India 1,236. 200 bushels
and Argentine nothing.
Corn ruled active, the range for the
day being 142A cents, the close show
ing ssQ1A cents advance. Initial
trading was at hGA cents loss and
sold off fraction but soon rallied s.eD
las cents, declined Il cent. advanced
lG1R cents, ruled steady and closed as
CT oil he II dn
in a measure TO favorable weather
but the early offering OF all deliveries
were quickly absorbed. the house most
prominent on the selling side yas.er-
day being even more active OH the
buying side today and was one OF the
features. The weather reports of Town
and Indiana had a little drouth talk
In them and the market possibly was
affected some by the same. The mark
ct acted a little as IL oversold. The
cash situation was strong and was d
factor in strengthening values. No. 2
was held 1 cent over September and
No. 2 yellow 11aG1Z cents premium.
New York reported all the offerings
to the other side accepted this morn
ing. Exports were liberal at 229. 001
bushels, New York sending out liz. 0n0
bushels, Boston $4,000 bushels and Bal
timore 26,D0 bushes. Withdrawals
from store here were 237,S30 bushels
anu CHARTERS were maze lOE -os.Vtu
bushels. Cables were weak, spot being
down l d and futures off IL d. Domes-
tic markets all ruled frmer. Con-
tract stocks decreased 1881 bushels
last week. and are now i. los. 314 BUSH
els against 1,329 s4S bushels for the
corr spending date a year back. Re-
ceipts were large at 80 cars and 40
cars are estimated for tomorrow. Fair
and higher temperatures were noted
on the weather map for the corn belt.
but cooler conditions with showers are
indicated except for Illinois, Missouri.
Michigan and Indiana.
Oats were rather quiet. At the start
the feeling was easier and September
declined Il cent from yesterdays close.
The strength in corn and wheat and
better local buying 20 cover shorts and
also some buying for New York had a
good effect After the first run of sell
ing. the offerings decreased and prices
advanced 2sQh cent The close was
steady with a gain OF LQ7s cent for
the day
Provisions continued their gradual
daily decline. The presence Of ample
supplies for the existing demand and
the big corn prospect have removed
all speculative bull feeling. Compared
with yesterdays closing prices pork
is 121a cents lower. lard Is 5 cents low
er and ribs declined 2i1 cents for Sep
tember and IL cents for January Re
cefpts of hogs for today were 10. 900.
Estimated receipts for tomorrow:
Wheat, 50 cars; corn, 40 cars; oats, les
cars; hogs. 1900 head
No