The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-10
MICHIGAN IS OUT
THAT STATE has NO WHEAT LEFT
FROM LAST YEAR
This is the Prominent Feature of the Days
Doings in Wheat-Kain and Melted Snow
Go TO Ice on the Northern Wheat Fields
Larger Foreign Shipments--LiverPool
Firm, Tending Cpward-Shorts Go to
Buying--Good Business in Corn and an
Upward Market - Oats Active - All
Grains NEUTRALITY-SUSPICIOUS. Lower.

Chicago, March 9.-The market news to-
day was almost exclusively and somewhat
enthusiastically bulhsh and May closed
with y cent gain. Corn gained = cent and
oats : cent, but provisions finished slight
ly lower.
In wheat, the most prominent feature
OF the early news was the Michigan crop
report. The total of last years wheat
crop, which was q, es7,Ioo bushels for
the state, has already been used up. and
therefore there is no wheat in Michigan
now Dui what represents SuTpluSage from
previous crops. The weather was cold
and after spell of mild weather and rain
1t had turned cold enough since the day
before TO convert the rain and melted
snow in the wheat fields into sheets of
ice. The weeks exports OF wheat and
-four from both coast amounted 10 s,27e. 90
bushels, compared with 2,6S9.eo a week
ago, ana 2.S0l,V a year ago. The primary
market receipts were %. 600, against ~
UD. The Liverpool market was quoted
hfm with an upward tendency. dis
patch was received stating that Newport
News had shipped $500 barrels of -four
and $1,000 bushels of wheat in twenty-fOur
hours and that freight engagements had
been made for the shipment of 6oo.oo0
bushels of wheat during the remainder
of the month OF March. Shorts became
buyers and the market wound up strong
May opened u cent higher at 5iSs cents
ana dld not get below Jft4 cents, Closing at
- cents.
The days business in corn was good in
amount and generally on the UP grade
in the matter OF prices. The car load
market was firm and made a similar adj
vance TO that made in the pit. although
the demand came chiefly from the elevator
people, the through billed market being
comparatively slack. New York advised
acceptances OF cable offers made from
there yesterday and that market was
quoted firm in consequence. The eN-
port clearanceS from the four principal
Atlantic ports were very light. But 1850
bushels was reported cleared from New
port News. May opened at from 45as
TO 45L cents: sold up TO i5S4 cents and
Today the bull!sh feeling in wheat and
corn also took hold on oats, and for
brief period considerable activity was
noticeable. This, however, was cut short
by the close of the day. before special
factors could materialiZe. Prices fol-
selling up and resting at the top prices
of the day. May from 29lsaSii cents
to 29ls cents.
The provision market lost triie of the
bullish feeling which was so prominent
the day before. Pork opened with n
drop from Sl16o, as il closed yesterday,
10 SlOS5 and sold as low as si0.2i2. After
ward. the strength in wheat and corn
gave "bracer." under which its spirits
rose The price advanced to Sl0.9Iiz and
IL closed at S1095 sellers, decline or D
cents for the day. Lard and ribs dropped
o. cents off yesterdays closing value
Baldwin and Sam Wolf were the most
prominent buyers. and the Cudahy rack
ing company the best seller.
Estimated receipts for Monday: Wheat.
80 cars; corn, 1s5 cars; oats, 10 cars; hogs,
~, 900 head.