The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-02-12


est Receipts Of Hogs Ever Known.
Chicago, Feb. n.-Wheat was easy
today under lower English cables, May
closing Is cent lower. May oats and
corn each closed Is cent lower. but pro-
visions, after an early slump, finished
at an advance.
Wheat opened weak because New
York sent selling orders TO inaugurate
the days business, and those for larS-
CT quantity than the Chicago bulls were
prepared TO absorb. A Liverpool cable
gram received by a New York firm say
ing that the foreign market after open
ing firm had closed weak owing 20 freer
offerings from Argentine, was given as
The cause of the weakness in New York.
Receipts at primary markets We're
again light The total was las, 900 BUSH
els against $4,000 bushels on Monday
last. The visible supply since a week
ago showed a decrease Of ,054, 900 BUSH
els compared with a decrease of 333, 900
bushels on the corresponding week of
last year. May wheat closed at $50.
cents bid on Saturday, opened with one
sale at that price, while hundreds were
at the same time Offering it at 53%
cents During the forenoon il ranged
between 535s cents and $685. @531a cents,
being about steady at 53k cents at
noon. The export clearanceS were again
disappointment light. Late advices
from Liverpool were weak and il was
said were accompanied with free sell
ing orders for wheat. Continental mar
kets on the other hand, showed an i'm
provement upon Saturdays closing.
Partridge and Charley Smith Were
said 10 have been the heaviest buyers
today. The market ruled weak during
the greater part of the afternoon, with
the prices at times apparently MAIN
tanned with difficulty above 53% cents,
May closing at $685. cents.
The corn market opened very heavy
and below the price at which puts sold
on Saturday. 1t did not get above the
put price all day but became weaker
as the session progressed up TO within
half an hour Of the close. There were
sellers Of May at the opening from
clined to 441sGA cents before u
o'clock. 1t became dull after the de-
cline, with a feeling of heavineSs gen.
orally prevailing the crowd. The de-
mand for shipment, 1T was claimed.
was very limited. Receipts were light
today, but for tommorw receipts are
estimated to show considerable in
crease over the recent average. The
visible supply increased only 1880
bushels as compared with an increase
of 16i9, 900 bushels a year ago. The
market recovered some near the end,
with trading at Ass cents at the close.
In oats quite a good business was
transacted and values at the end show
cd a slight falling off from Saturday.
The influence of corn could be credited
with having ruled the fluctuations TO
q great extent, but besides that, there
was some independence TO the market.
Some quite large lines were sold out py
Bcyden and Bartlett Frazier, all OF
which was readily absorbed by the
crowd in general. May opened at %
cents. sold off to 2SA cents and closed
at 2S7s cents bid. The cash market
was dull and a full half cent off. Of
ferings were not large, but no inquiry
existed.
The provisions market acted in
most unaccustomed manner. The re-
ceipts of hogs were heavier than had
ever been known for one day before.
numbering Is. 900 head. Notwithstand-
ing such an enormous supply or raw
material, the prices OF provisions at
the close of the day were higher than at
the close of the session on saturday.
Heavy buying, presumably by shorts,
caused the reaction. May pork, which
closed at s1e.l2A on Saturday, opened
this morning at 1886, but recovered
from that point and closed worth
s10.15 May lard which rested at $685.
on Saturday opened today at $3.50 and
closed at s662l2 bid. Ribs dropped IL
rents at the moment of opening, but
recovered that and cents besides by
the end of the session
Estimates for Tuesday: Wheat, 10
cars; corn. 225 cars; oats. 1S5 cars: hogs.
95 900 head.
There will be no session Of the board
NJ trade tomorrow owing to the state
holiday to commemorate Lincoln
birthday.
Chicago Markets