The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-07-25

Chicago, July 24-Wheat went up in
long jumps today closing at an advance
Of As cents for September. Light re-
ceipts scared the shorts and their Wig
orous covering caused the bulge. Sep
TENDER corn and oats each gained Is
cents and provisions closed slightly
higher.
At the start in wheat there were buy
ers at nearly l cent advance and in
complete contrast 10 yesterday morn
ing's report of the Liverpool market
which came a weak following a strong
market here. it was quoted firm not
withstanding yesterdays l cent de-
cline at Chicago. In half an hour from
the opening September, which started
at from 6Sl4 cents to 6sla cents had
risen TO 70ss cents or cents per bushel
advance over the previous days clos
ing price. The Chicago inspection
sheet gave the days receipts at q car
loads, IS of which We're OF new wheat
and not one of the latter was up 10 the
contract grade. a year ago today go
ears were received here and OF that
number 2i7 car loads graded contract.
The total amount at the western pri
mary markets today was 2a5 900 bushel
as against LOCI 900 bushels in the COR
responding day of the year before.
Philadelphia was the only port from
which any wheat cleared and 2S.100
bushels was the amount, and of -four
the total shipments were 1888 barrels.
The Minneapolis and Duluth receipts
were 14I cars against 2I6 a year ago
The bad condition of the winter wheat
was emphasized by the receipt here OF
orders this morning from millers in
Michigan and Kansas and purchases
in fulfillment of them of 10000 bushels
for each place for immediate ship
ment. After the advance to 709s cents
noted above. the scalpers reduced the
price to 69a4 cents again but there was
a constant affection shown all day for
an elevation above the 20 cent level
and IL no numerous occa sionS knocked
up against 701a cents. Near the close
the shorts became anxious for wheat
and wild advance resulted. Cudahy.
Partridge and other big shorts We're
buying heavily and the smaller fry
joined in the race for cover. Septem-
Der reached 721a cents and closed at 721.
cents.
Corn was firmer and higher but the
trade was only moderate except in
a few spots. The advance was almost
or perhaps wholly due to the excited
rise in wheat The opening prices for
September were at from 44I5Gi4E cents
and the highest for the day was paid
a minute or so from the close. 447s
cents being then quoted and the latest
trading was at 4i7s cents. May rose
from 35H cents and 35ss cents at the
beginning to SO cents near the end and
reacted to 35a4 cents.
Oats were firm and somewhat higher
all around but the market was almost
entirely a sympathetic one. No indie
pendence was noticeable outside a con
tinued good spring demand. Septem-
Der opened at 22% cents. sold up 23T
cents and closed there.
The provision market was apparently
indebted 10 the advance in wheat for a
recovery il made near the close and
which left pork 7Ia cents higher for
September and 2Ia cents higher for Jan
uary than at the close of the previous
session. Lard and ribs were virtually
unchanged IN the end from yesterdays
closing prices.
Estimates for Thursday: Wheat. 40
cars; corn, 265 cars; oats, 80 cars; hogs
$4,000 head.
Chicago Markets.