The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-07-21
TO RISE
WHEAT DEBATES THE MATTER
EARLY IN TIE SESSION.
But the Competing Foreign Export Cou"
tries show SYMPTOMS of Falling Sup
plies and the Spring Wheat SITUATION -
less Clear--Corn Sustained by Light ne
ceipts and the Good Demand for con-
sumption - Oats Close Higher Aiss
a Big NEUTRALITY-SUSPICIOUS. ut Lensu
Feel the Effects of Light Hog keceiptS

Chicago. July 20.-Wheat was hrmer
today and closed / cent higher IMAM Il
did yesterday. An indication that sup
plies from the compelling foreign eA-
porting nations were giving OUT anu
the repetition of the complaints resaro-
ing spring wheat in the northwest coc-
tributed largely to the rise corn was
upheld by the small receipts and Sooc
demand from consumers. The prices
showed no change, however, 1or the
day. Oats closed higher and provisions
with consequent advance IN NaiuSs'
For a few minutes after opening the
wheat market appeared 10 hesitate
which direction il should take. UP or
down. 1t quickly made up us Nlhu.
however, and became firm The IoiloW
ing are some OF the features OF the
early news which caused prices 10
adVance-the Argentine Shipment ior
the weak We're only 400. 900 bushels COM
pared with over 200, 900 bushels Tor the
week before: the Liverpool market was
quoted from I'D 10 ed higher ana the
weather in England wet and unfaVor-
able for the crops. The Berlin market
was quoted marks higher and Baltl-
more wired early in the day that there
was a good demand there for export
with sales of fifteen boat loads Tor
prompt shipment TO Liverpool up 10 the
time of sending the dispatch. w nile
the exports were small, the movement
of new wheat TO the central markets
was also very light compared with that
of the corresponding time last year
The six principal western wheat mar
kets a year ago received 5SS,0Oo bushels
against only 2770 900 at the same places
today. In connection with today's re-
ceipts. it was noted that of Ill 900 BUSH
els received at Toledo, two cargoes, or
$4,000 bushels of that quantity came
from Chicago. The most peculiar fea-
ture of the present movement indicates
the lightness Of the reserves OF old
wheat in Ohio, as we'll as the pove1ty
of the years yield. The Minneapolis
and Duluth receipts today were 20
cars against 313 year ago. Chicago
receipts of Sixty-six cars only compris-
ed eight of which went No. in the in
spection. On the corresponding day OF
last year Chicago'S receipts contained
100 car loads which grarded contract.
The opening transactions were at the
lowest prices of the day and the clos
ing trades were about at the highest.
a few sales of September were made as
low as 661s cents and Il was freely
traded in at 6714 cents near the close
and few trades at 67ss cents. AT the
close 67AQ2s cents was the trading
price.
The consumptive demand and small
stocks of corn asserted themselves to-
day as superior in their influence in the
speculative market to a promised album
dance when the new crop shall have
been matured. The receipts today
were 212 cars. The sales of round lots
for shipment were reported al only 40
600 bushels, but there was a good de-
mand for all the car loads on the mar
ket at an average of about u cent per
bushel over the current rate of yester-
day. September opened at from 43A
cents TO 1875 cents, advanced gradual
ly TO Az cents and closed at 437s cents.
The Liverpool market was quoted Il
pence lower.
For a Saturday trading in oats was
business was principally scattered. the
volume was quite heavy. Free buying
by the crowd and higher cash market,
the result of a good shipping demand.
caused futures to advance and the Ses-
sion was firm throughout. September
started at 22ss cents. sold up TO 22A
cents and closed at 225s cents.
The provision market was firm at
the start and quite strong at the close.
The falling off in the hog receipts told
for something al last. Compared with
yesterdays closing prices pork is %
cents higher; lard ~ cents higher and
ribs 121s cents higher. The weeks re-
ceiptS of hogs were $4,000 compared
with 5000 on the same week OF the
previous year. the days run being only
5000 head. For next week $1,000 head
is the estimated run
Estimates for Monday: Wheat So
cars; corn $50 cars oats 105 cars; hogs
5000 head.