Kansas City daily journal. [volume] (Kansas City, Mo.) 1892-1897, 1895-02-24
BUSINESS DULL IN THE PIT
PRICES IN ALL SPECULATIVE PROD
UCTs DECLINED IN CONSEQUENCE.
Wheat Had Narrow Range, Closing 1-4c
Lower, Corn Was 1-2c Lower. Oats
Lost 1 10 and Provisions Bare
ly Held Their Own.

Chicago, Feb. 23.--Trade on change gem
orally was dull to-day, and in the end
prices suffered. Compared with the clos
ing rates of Thursday, wheat Is nc lower,
corn is about tac lower, oats lost Ac, and
provisions, although supported by falling
off in hog receipts and reported good de-
mand for cash stun. barely held their own.
The weakest feature In wheat was the
prospective failure of the visible to de-
crease largely Monday.
Wheat opened at ls4Ac below the price
it closed on Thursday. The cables We're
heavier than had been expected, and moth
ing else which might be calculated 70
opening or had occurred since the close of
Thursday. New York placed selling orders
in the hands of half a dozen commission
houses, here for execution at the opening
The placing of these orders caused the
May price to open at 63c for the most part,
with few sales at 55lsc, as compared with
53i.c at the close on Thursday In New
showed isc Improvement at the opening
after the opening was toward the picking
up Of the &c dropped at the start. It was
visible supply Monday will be less than
loC99oo bushels, This p%as,nf vas q paominens en
fsqg IN hG
cars since Thursday morning, and Duluth
reported 10 cars for the day, Atlantic
to $4,000 bushels in wheat and -four. Pri-
mary market receipts were 1000 bushels
Advices from the seaboard were to the
effect that there were good many in
quires from abroad for wheat for ship,
nent, and some orders were also received
in this market for export to Liverpool.
The market here had very narrow range;
52IsU53c being the under edge OF 1t, ana
6Silc the upper, with the lower price ruling
al the close.
The corn market was rather easy at the
start, and decidedly weak toward the ena.
The concluding weakness was due to the
estimated receipt of GAO cars for Monday;
bushels, against 475,0OO on the correspond
ing day of the year before The opening
price for May was 4i7sMi5c, with the higher
of these the most general trading price.
when wheat made its temporary i4c ad-
vance but the estimated receipts for Mon
day We're too heavy for any hope of imme-
diate Improvement and early buyers made
purchases. After rising to 45i4c, the en-
suing decline took the price down TO 4ilsdp
4issc, which was the closing quotation.
For Saturday, the oats market was fairly
last quotations on Thursday in sympathy
with corn. but Notwithstanding this, the
market was relatively firm. Higher prices
We're paid, and only at the end did any
sign Of a decline occur. May started at
29i4c, sold to 29lsc, up to 293sc, down 10 29c.
and rested at 29g29lsc,
Provisions helped by light hog receipts.
opened firm at an advance of lOc for pork,
80 for lard, and from unchanged to 2i2o
higher for ribs. The tendency was slightly
feeling became steady, with more indica-
tlons OF improving than of selling lower
until the corn market became so radically
weak; The drop OF sc in corn corn had de dc,
lost. May pork and ribs closed unchanged
and May lard 2iac higher.