The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-07-06
Market Gossip for the Journal.


Market Gossip for the journal.
Liverpool wheat dull, half penny per
GENITAL lower.
Inspections wheat 20. grade Is; corn
264, grade 269; oats $50. grade 249.
French crop news much more favor
able than for past two weeks.
Grand total available both coasts
United States and Canada as reported by
Bradstreets, 90, III 900 bushels, is 13.000.-
600 bushels less than last year and 15,-
100000 bushels less than two years ago
Exports wheat our both coasts for week
were million bushels, against 1,746,0O0
week before and 1,850,000 same week
last year
Puts Setember wheat, 7O1s; calls, Sep
TENDER wheat, 1913; puts, September
corn, 443s; calls, September corn, 45$8;
curb, September wheat, M
Minneapolis cars, oil; Duluth, IA.
The corn acreage reported by the crop
experts, Thompson and Show, 8S.O00,000
by one and 81, O00, 900 by the other, is 90
100000 acres larger than the harvested
area last year. The greatest acreage ever
reaped was 97.300,000 in 1889. Last
| years acreage was the smallest in fifteen
years. The average acreage of corn
harvested in ten years ia 72, 100000 acres.
The average yield the country over, the
year of the big crop, was 81 bushels.
| That yield applied to 82,O00,000 acres
means a crop of 2,214,OOO, 900 bushels.
Hogs at Kansas City yesterday 10c to
zoe higher, closing steady.
Chicago: Hogs 10c to loo higher yes
terday. Shipments bought freely and
there were not enough hogs to satisfy
| the demand.
New York: Total sales of stocks yes
terday, 1885, 73 shares, including $4,000
sugar, 5000 tobacco, 10000 c., B. q O.,
10000 Gas, 10000 Whisky, 5000 Read
ing, $4,000 St Paul
Chicago: Receipts of wheat at prima-
ry points yesterday, 262, 900. Hogs to-
day, 10000. Yesterdays late English ca
bles came firm, but Berlin was weak and
Sc Mt lower quotations
New York: In view of the excellent
outlook in wheat many experienced ope-
rators are at a loss to explain the COM
parative quietness in St Paul
of late, except on the ground
that some doubt is still felt as
regards the next dividend to common
stock. The actions of the st. Paul direc-
tors is usually taken at time when the
crop results may safely be estimated, and
there are many we'll informed people
who believe that the declaration of l per
cent on st. Paul next month would be
equivalent to Il percentage that the COM
pany had every promise of earnings in
the coming fiscal year. The industrials
stocks are recovering a better tone. Ball
manipulation in Sugar seems to be reviv-
ing, based on the expectation that good
profits will accrue to the sellers of the
commodity throughout the summer. Chi
cago Gas continues to be weak, and its
speculative situation is not such as to at
tract the attention of traders who operate
on small margins.
Bank statement-Reserve dec 2052-
225. Loans inc 1872, 400. Specie dec
734, 600 Legals, 1,458, 100 Deposits dec.
500, 100 Circulation dec. %, 00O
Chicago: The local crowd feel bullish
on wheat and would buy freely if there
was anything to buy on. The lack Of
outside trade discourages them, and they
look on this advance with suspicion.
A San Francisco telegram says half
the fair wheat has been shipped.
California crop will not be over 10000
900 bu.
Chicago: Clearance today will show up
pretty fair, wheat strong on local buy
ing. Estimated Monday: wheat rs, corn
135, oats 1919. Provisions were opened
as high as it was possible to open them
by interested parties. Market now weak.
A prominent provision trader says. II
think a sale of September or January
lard will pay a patient man very hand
somely."
King of Toledo says the principal win
|
last years crop, and the grain will be in
ferior
The Brosser crowd are buying a little
wheat now, which causes the strength,
and shorts are timid.
Springfield, Ill, telegram says the new
wheat coming in is Of very poor quail
ty, and will not grade over No or 4.
Union stock yards-Hogs closed firm;
light, $485Q525; mixed, $485@53O;
heavy, $475@535. Cattle closed quiet
but steady. Sheep, firm.
New York clearance-Wheata and -four
equal 100000.
A Springfield, ILL.,, miller wires: "We
are getting the worst reports we have
: had in years. These reports are coming
from all over this section and are unani-
nous"
A prominent trader says this wheat
, market acts as though it might turn. into
, a rousing good bull market. Some very
: bad crop reports are coming in, but not
bringing any outside buying orders
I The local talent will follow the country
on crop damage reports.