The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-07-24

Chicago, July 23.-Despite plenty of
bullish news, wheat and corn markets
were weak on realizing today and closed
with respectice losses of 1G3s cent per
bushel. Oats We're also weak but less
SO than the more pretentious neighbors.
the decline in its active future being
limited to less than u cent per bushel
provisions suffered from bear attacks
and cheaper hogs. q
Wheat started weak and remained
so despite the fact that there was much
bullish news afioat. The Chicago re-
ceipts as inspected into store amounted
to II car loads, four of which graded
NO. 2. On the corresponding day of
last year the inspection was rs cars
oo2 OF which inspected into contract
grades. Minneapolis and Duluth re-
ceived 2oS cars compared with 3il last
year. The total receipts al the western
primary markets We're $4,000 bushels
against l,I1i,0OO bushels a year agoThe
one bearish feature OF the days move
ment was the small Atlantic port ship
mentS OF only 1867 bushels of wheat
and 1855 barrels of -four. The sum-
ming OF the official report Of the worlds
exports last week was 6.660, 900 bushels
compared with shipments of $685.. 900
before. The cables, however, were dis
appointing, the crop reports were fav-
oraple and the crowds of scalpers all
seemed TO be long. Bradstreet'S state
ment OF the weeks changes in the
worlds stocks. showing a decrease OF
2,620,OO0 bushels, caused an advance OF
y cent per bushel when il was made
known, but the half cent disappeared
again about as quickly as il had come
into sight, so anxious were the scalpers
10 grip the prOfit in the half cent rise.
Another diversion was made in favor
or the bull side by the reported taking
for shipment from here of 2OO, 900 bush
els of wheat, Of which 100 900 was to go
to Toledo, but even that fea ture of the
present situation created no lasting i'm
preston. September wheat started
with sellers from 6S1s cents down to
611s cents as against 6s7s cents at the
close yesterday. After gradually sink
ing 70 61as cents ii recovered to 6S2s
cents and twice subsequently, it tum-
bled back to 61& cents and rose again
to the previous highest point. reaching
6S1: cents on Bradstreet's bulge, but
always tending quickly back TO around
the opening figures and toward the
close the market was in the most
bearish mood, the price getting down
to 611a cents. The closing quotation
was S112Q&s cents.
the influence of the fine crop prospects
Today's receipts numbered 29S cars and
the quantity inspected out was 264 900
bushels. Bradstreet's reported the
stocks 1,309, 900 bushels less than they
were week ago, but the fine new crop
prospects overshadowed everything else
and caused weakness to be predomina-
ting feature of the days business Sep
TENDER, from AK cents a nd Az cents,
had temporary advance to 40 cents
and was first at its lowest price as the
session closed. September declined to
A cents and closed at 44hdDM cents.
In oats trading was of very ordina-
~ character. The feeling was compar-
atively steady early in the session, de-
irving what little advance the re occur
red from the higher cash market. The
speculative market declined toward the
close with wheat. September opened
at 229s cents. sold at 22% cents, dropped
10 22la cents and rested at 221zQ5s
cents.
Provisions lost more than all they
gained yesterday and at the close the
following were the respective losses:
Pork 421s cents; lard 10 cents per 100
pounds and ribs 20 cents per 100. The
market was at its weakest near the
but their price was quoted Is cents low
er than on the day before
Estimat ted receipts for Wednesday are
Wheat 80 cars; corn 100 cars: oats 20
cars; hogs 10000 head.
Chicago Markets.
The leading futures ranged as follow