The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-01-11
DOES THE ATHLETIC
WHEAT GETS SPRY AND OTHER
GRAINS LIMBER UP WITH IT.
BuIlish News Continue in Even Greater
But With the Stuffing Kicked Out of the
Worlds Visible Supply Scarecrow,
Wheat Starts Half to Five-eighths of
aCent Higher-CornS Strong With Wheat
and on Small Receipts-Oats in Demand
Provisions Dull and Lower.

Chicago. Jan. 1o.-Wheat started with
a bounce today and closed Is cent high
er for May. Export sales from St
Louis small; receipts liberal, buying
and a bullish Cincinnati Price Current
summary all aided in the advanc.. May
corn closed u cent higher and May
oats Il cent higher, but provisions fin
ished at declines.
The market for wheat started with a
jump. The Cincinnati Price .Currnt
said that the quantity of wheat in far
mers hands was from fifty to sixty
million bushels smaller than at the cor
responding time of last year and the
figures ascribed yesterday to Thoman,
pointing to a diametrically opposite
condition Of affairs, were at once rele-
gated to the oblivion of an exploded
fake. The price of May which was
51x cents at the close yesterday, rose
to 5S3s cntS as soon as the market
opened and there seemed to be but lit
tie disposition on the part of the shorts
to increase their lines at the advance.
Some covering of shorts helped TO give
spirit to the opening jump. The receipts
were again small smaller than ever,
ceipts being only $4,000 bushels. The
northwestern markets of Minneapolis
and Duluth reported 14S and SO car
loads, or 207 cars at the two places,
compared with Psi cars last yeav. The
Liverpool market was quoted finn and
a half pence higher at the close after
an easy opening. Berlin quoted rise
of from y mark to l mark, due to fur
Their unfavorable advices regarding the
Argentine c ropS. A piece Of bulllSh
news reported rivers in Argentine over
flowing their banks from excessive
rains. Export clearances of wheat and
-four from Atlantic ports aggregated
556, 900 bushels The market held its
opening advances substantially throu-
out the session and closed at 5Sss@5Sh
cents for May.
Corn took its cue from the wheat
market and acted strong with an adj
vancing tendency throughout The
May option started at 477s@4S cents
and maintained the advance thus in
auSurated. 1t did not drop below Ala
I477a cents and closed at 4S@4S1a cents
bid. Receipts were only 24S cars
aginst estimates of 319 cars made yes
terday The poor condition of country
roads was suggestive of smaller receipts
in the near future and better demand
was observable for car lots through
billed. No. 3 yellow was in
greater part of the session, only a few
cars being picked up at 39n cents. The
demand for car loads to go to store was
also better today.
Business in the oats crowd was OF
only fair volume and prices fiuctuated
within d narrow range, influenced some
what by the movements of the corn
market. There was only small in
clination to get rid of stuff and quite
n urgent disposition to buy, prlnclp-
oily from shorts. May opened Is cent
up from yesterdays last quotation. at
Nk cents, sold up to 31A cents and clos
ed at tnaI pilce.
The provision market was dull and
without special features except that the
packers appeared willing to take ad-
vantage of the stimulat ting effect Of the
stronger grain markets to sell. The
tendency was downward after short
PERIOD of firmness near the opening.
May pork touched SO for a second, but
closed at s1I821b as against Sl1.9o yes
terday Lard closed at a decline or
~ cents for the day and ribs at a loss
Of cents.