The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-28
DRYER AND HIGHER
WEATHER REMAINS THE PFINCI-
PAL MATTER WITH WHEAT.
Market Firm and the Reported Condition
of the Foreign Crops is in Aid OF the
Dry Weather at Home but Ii i Content
with a Modest Gain--Corn is Heartened
Up Bit by Wheat and Light Estimates
Oats Quiet and steady--Provisions
Tend Upward but Make Little Change
Estimated Receipts.


Oats Quiet and steady--Provisions
Tend Upward but Make Little Change
Estimated Receipts.
Chicago, March 27.-The dry weather
was again the ruling influence in wheat
today. The market ruled firm, but
only secured the modest gain OF Ia =
cent in the end. Business in corn and
oats was slack and no change III prices
took place. Provisions Were firm but
lost all they gained early in the day
and closed about as on the day before.
Wheat was generally firm mainly on
the dry weather The English mar
kets were remarkably steady consider
ing the weakness here yesterday. Liv-
erpool opened a shade lower but closed
with the loss recovered. Paris at the
opening was without noteworthy
change, but Berlin came in with 1i2
marks decline. Minneapolis and Du-
luth receipts were 3lS cars against 1866
a year ago, and PSI a week ago. Pri-
mary receipts altogether were Z3s.gUO
bushels against $4,000 on Wednesday
last week, and 203, 900 on the cOrrrsD0n .
ding day Of the year befors. Export
clearanceS from the Atlantic seapoard
amounted in wheat and -four 70 264,Hoc
bushels. of which $4,000 was wheat
Some of the heavy shorts. among them
Ream, Linn, Phillips and RosecranZ. CO.
vered freely and there was also good
buying on the long account. In the last
half Of the session a report by the way
Of New York, presumably emanatinS
from the Washington agricultural hu-
Teau. gave the reports concerning the
European crops for February, and as
they were very unfaVOrable both IN
regard to the damage done TO crops
of France and England. and great
reduction in the area sown TO wheat
and rye in Russia, the market kept
up the firmness which characterized
the trade in the forenoon. The opening
price for May was from 54ts q % cents
10 30 cents straight, and after touching
547s cents for an instant a. gradually
advanced to 555s cents and ranged
between thar and 552s cents during the
greater part of the time. The price
near the end was about midway be
tween the top and bottom Of the day
range At the close 55l4 cents was bid
for May.
Corn opened easier. but took heart
from the strength of wheat and ruled
above yesterdays closing price except
for little time a the start, when ii
sold at 1855 cents for May. The range
for the day was from 46$s cents 10
1875 cents, and it closed Il t46l2 cents
bid. The receipts inspected were 15l
cars, of which thirty mine We're OF con-
tract quality. The estimates for to-
morrow's receipts is Tor only 105 cars,
and that was one of the strengthening
influences Of the day. Offerings We're
very limited whenever a demand sprung
up. The trade was small and easily in
fuenced by quite moderate transac-
tons.
Oats were generally quiet, and May.
after having sold higher all day, clos
ed steady. Interest was principally
centered in July. Buying was quite
good and the tone fiTD1er. May ranged
between 2924 6293s and 29l2 cents, clos
ing at the latter price. July ranged
from 29hMA cents TO 2S;Su-S cents.
The business in provisions was fairly
good and the tendency was in the main
upward after an easy opening. Liberal
offerings on the hard spots prevented
any Improvement and i'm the main pric-
es were very little changed compared
with those of yesterday. May pork
rose from $3.50 at the start TO S12.52i2
and closed at $l232i5. May lard rose
from 81 to $50, but reacted to and
closed at S6.97l2; May ribs advanced
from S610 at the opening TO 500 and
closed at $61252.
Estimated receipts for tomorrow:
Wheat - cars: corn 100 cars; oats 100
cars; hogs $1,000 head.