The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-05-16

Chicago, May 15.-Shorts were scared
today by deadly combination Of
chinch bugs, Hessian fly and frost
damage reports, and July closed rs
cents higher; July corn closed a cent
higher; July oats Il cent higher and
July pork 2l1a cents higher.
Wheat opened under the influence Of
very general rain in the western belt
of wheat, and lower cables. but very
soon changed its tone. A report issued
by E II. Thoman, giving the amount
of wheat in farmers hands on May 1,
at 81, DOC, 900 bushels was an element in
Gucinb the traders to sell at the OPEN
ing, but the effect of that was quickly
swallowed up along the lower with the
lower cables and the rain, by the re-
port of injury to wheat by the ravages
Of Hessian flies, chinch bugs and frost.
The reports were in many instances ac-
companied by buying orders. July
wheat sold for few minutes after
the opening at from CAS- cents to 65ls
cents, but soon began to creep upward
until il reached 65ie cents. There was
an animated struggle around the last
named price, but the bulls soon be-
gan to work ahead and that price being
661a cents was easy, but quick and eX-
cited. The ordinary crop news, apart
from the crop damage, was beariSh
The weather, Notwithstanding what
was heard from the country, was con-
sidered here to be favorable. Liver
pool was quoted I'D lower; Paris 10
confines higher for May -four, % CEN
times lower for later deliveries; 10
confines lower for May wheat and I'M
changed for later months, and Berlin
from IA marks to IA marks lower.
The Minneapolis and Duluth receipts
were heavier than on the corresponding
day last year, amounting to 80, 600
sbushels, compared with $4,000 bushels
a year ago. The export clearances Of
wheat and -four from the Atlantic sea-
Voard amounted to $4,000 bushels, half
of it in wheat. The price after getting
to 6612 cents. where it was fifteen min
utes from the close with the shorts APP
parently rather anxious. The price
after several quick changes was 66%s
cents at the close.
Corn was in demand and ruled high
er on the average after rather easy
opening. July, which closed yesterday
at 50$4 cents. started at from that to
503s cents. None, however, changed
hands at the latter price. The fiuctua-
lions soon came under th@infiuence of
the strong wheat market and TO that
was added the taking of 200, 900 bushels
for direct export from here in the
course Of the day. The price rose to
513s cents. reacted to 5l1sM51A cents
and at the close was at its highest
point, 5las651a cents. Receipts We're
233 cars and $50 are estimated for to-
morrow. Favorable weather is gen.
orally reported for planted corn and en-
larged deliveries from farmers. Two
prominent local firms who were sup
posed to be short bought freely.
Goats were quiet and the strength
developed was in sympathy with wheat
and corn. July opened Is cent lower at
277s cents, sold from 2734 to 1885 cents
and closed at 2SA cents.
In the provision market receipts of
IS, 900 hogs today and estimates of 49,.
600 for tomorrow opened it weak and
recovery which took place later was
ascribed to buying by brokers for
Cudahy & Co. The advance was con-
fined to pork, which compared with
yesterdays prices, is 121. cents higher.
Lard is cents lower and ribs unchang-
ed.
Lake and rail lines reduced rates on
corn to Buffalo to / cent and took loads
for several boats at that figure. Char
ters for corn to Kingston 212 cents.
Estimated receipts for tomorrow
Wheat 2S cars; corn $50 cars; oats $40
cars; hogs $4,000 head.
Chicago Market.
Lao sr,rr ft,ffr rral EN-