The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-16

covering Does the tse,t--NeWs n'ostis
Buliish--Corn Follows Wheat and Oats
Corn--Provisions Decline.
Chicago, March 15-Wheat bodied
3 and down nervously today and fire.
luently made breaks on realizing fol-
owing the bulge on bullish news and
at the end Of May was but Is cent low
tr than * closed yesterday. Most of
the selling was in the nature of profit
taking, the small shorts covering free
~ on the soft spots. Corn was dull,
closing unchanged. and oats were bull
tsh, also finishing without change.
Provisions were excited and advanced
sharply early, but broke later, closing
at declines.
The opening of the wheat market was
made under excitement There Were
few Sellers and hosts of buyers at
sTss cents for May, compared with 57I4
cents at the close Of the session yester-
day. The briskness of the demand
alarmed a number of the smaller shorts
and in FIVE minutes the price had ad-
vanced to 5S cents. There being mill
ions of wheat held by the local crowd
In the pit which had a tempting pro::t
'ut on sale, the consequence of which
was a tumble to 5T2s cents. The crop
damage reports of the day before and
the buying Of wheat in the western
.ities by country millerS whose mills
are at points where there should be
ample farmers supplies, were supple
mented this morning by strong SaDr.
adVices. The market acten fTeakishly
and unsettled. with frequent and quite
considerable fluctuations, 51b H51@4 cts
being consccutiVely the prices several
times, and the range extending to SIX
and IS cents twice during the forenoon.
Millions Of bushels were wanted on each
drop 10 577s cents and just as much was
tor sale a IS cents. The primary mar
kets received in all $4,000 bushels. The
import clearances from the four prin-
ripal Atlantic ports were again light,
comprising IS, 600 bushels. The heavy
Epring wheat receipts and the small
Atlantic port cleaTanceS were the only
points favorable To the bears. but those
we're enough 10 keep them from giving
up the ship and they made savage drive
at the market every time 1t appeared
70 be On the eve Of soaring out OF
bounds The closing cables We're firm
and this helped the bulls, but in the
last few minutes Of the session there
was heavy realizing and May closed at
81 4 cents.
The corn market was stale and unln-
teresting. The traders were Indifferent
SIS rule and the range Of prices was
light. The highest was made for May
end that within few minutes Of tn
opening was 469sGA cents, and the
lowest. which quickly followed, was
4sH 52s cents. Fluctuations followed
those Of wheat
The oats market attracted even less
attention than ever. Fluctuations Were
rather narrow and followed corn entire
ly May started at 295s q q cents, sold
al 2g34 cents down to 29"s cents, up
Zain to 29$4 cents and closed at 23jl
cents bid. Today's receipts aggregat-
cd Isl cars, of which 129 graded con
tract.
The provision market was nervous
Rnd irregular. The price went up with
~ rush at the opening with Armour a
heavy buyer and went surging up ana
down at every transaction, according
a. il was bid for or offered. Commits
sion men found great trouble in filling
orders satisfactory as il was imposSi-
lie TO get the omlnal market price,
whether the order was to buy or sell.
The hog receipts Were $4,000 head and
u coo are estimated for tomorrow. May
pork was sold at the opening moment
ut Sl225 and I2.45 at the same time,
and broke back TO s121212 and up again
to $3.50 before il settled down to
somewhat steadier decline. II finally
got down to S1l97ia and closed at that.
a& compared with $l2.1212 at the close
yesterday. Lard in the end had lost
- cents and ribs were unchanged. The
course IF prices was mysterious, giving
evidence OF manipulation.
Estimated receipts for Saturday,
Wheat 40 cars; corn, 1870 ears; oats, 10
cars; hogs, $4,000 head.