The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-01-10
LOSES TOO LITTLE
WORLDS WHEAT DECREASE NOT
HALF WHAT WAS EXPECTED.
Plenty Of Fairly BuIlish News Which Saves
Any Greet Loss But Bradstreet's De-
crease of Less Than a Million Bushels
Instead Of Two Million Bushels Esti-
mated Eases the Market q TEife-Corn
Inactive But Firm With Big Receipts
Oats Fairly Active and Firmer--Pro
visions Slightly Higher.

Chicago Jan. e-Wheat fluctuated 1azily
today between SIS cents and 5SA cents
and wound up Is cent lower for May.
The news vas generally bullish but the
worlds visible decrease was not up to ex-
pectations and on that the market finish
ed easy. Com closed Il cent higher, oats
Il cent higher and provisions at slight
gains.
Wheat ope1ed about as it had closed on
the previous afternoon. May brought SIS
as cents at the opening plunge and kept
between those prices and ISIS cents for
half an houl and then made slight ad-
vance. Business was exceedingly dull for
an hour. Bladstreet's visible supply oc-
cupied speculation and the general ex-
pectation previous to its receipt was ia
voreble to the bulls. Receipts were again
light and export clearances fair Foreign
markets were generally quoted firm and
st. Louis advised another 100000 bushels
OF wheat sold this morning for immediate
shipment to the sea board, making $50, 600
bushels disposed Of in that way in the last
three days. Bradstreet's visible supply
statement when received did not come
quite UP to The bulls expectations as it
showed that the worlds stocks had only
decreased $4,000 bushels instead of about
1000 bushels as many had looked for.
The starting up of the largest -four mills
IN Superior and the expected resumption
within a fey days of other large -four
manufactures at Minneapolis and else
where, prevented the several breaks in
the price of wheat here, which occurred
after the slight early advance. from grow
ing serious. New York and St Louis both
advising some business in spot wheat,
helped also tt keep the bulls from getting
demoraliZed. May from 571sG58 cents near
the opening advanced to 5SlsT5Sl4 cents,
fell back to s73sGI34 cents, and from that
recovered to IS cents. 1t again fell to SIS
@57% cents and about half an hour from
the close was IS cents bid May finished
at 57s cents.
Corn was again extremely inactive, but
the general tone of the mraket was firm.
The receipts We're 33S cars against eStl-
mates of go cars. The contract in corn
N today'S receipts amounted to only j.
car loads. TIE excess of receipts over
The estimates was not regarded much by
the traders. The offerings were easily
higher for May than on the day before.
May Opened unchanged at Az cents,
touched 47A cents and closed at i75s cents.
The market for oats was not particu-
larly prominent for its activity, yet
fairly active session was passed. Selling
was scattered and very urgent. Buying
was good, principally by shorts. A firmer
shade firner. May started at 3054 G303s
cents. sold at 3034 cents up to 81 cents and
OF noon at 303s cents, closing at 81 cents.
There was about half an hour of r'oder-
steiy active trading in provisions, follow
ed by dullness. The days fluctuations
were slight for the most part above the
price, they closed at yesterday. In the
and a similar advance was secured for
lard and ribs. The steadiness was the re-
suit of fair buying despite the liberal hog
receipts.