The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-06-27

Chicago, June 2S-Higher cables. re-
ports of cash business New York up
liberal short covering sent wheat up
today, September closing IS cent higher
Corn closed Is cent lower and oats y
cent lower. Provisions made slight adj
vances.
The general feeling j,st previous TO
the start this morning was THAI wheat
was high enough for the present and
the action of the market for about five
minutes appeared 10 strengthen that
conviction. Inside OF another ten min
utes a complete change occurred in the
minds of the crowd, who by that time
were clamorous for the grain for July
and September delivery at ! cent per
bushel over the price a majority OF them
were trying TO sell it.for at the start
and for five minutes after. The two
months kept a distance apart of from
is TO cents to an even cent per
bushel. July sold at the opening at
from 71ss 10 711a cents and rose in the
time referred to TO 121aGSs cents. Sep
tember advanced at the same time from
1885 cents 10 lass cents. The ShsaS
downward tendency at the opening was
on account of the cessation OF the ram
in the northwest and the reduction or
the temperature there TO a point sufh-
Gent for the growth of the plant with
Duet being injuriouSly stimulating or
promotive of rust. St. Louis showed an
advance there of about cents over the
closing prices of the day before. That
at once brought into prominence the
very disappointing yields from the win
ter wheat dressings. reports of which
were sent here in great numbers. Snd
which sounded so alarming that the
traders could not help giving express
ion 10 their feelings by lively wrestle
among themselves for the rather mea-
ger quantity that was for sale while
il was mostly badly wanted. The bus
mess was largely local in character
The San F'ranciso dispatch sent here
yesterday stating that California would
not have over half a crop was thorough
| " discredited by further advices re-
ceived today which gave confirmation
| to BradStreets figures as published on
Saturday, giving 5000. 600 bushels as
! the indicated yield. Chicago receipts
| were nominally "a cars but only five
| of those came from outside the city.
| Minneapolis and Duluth received lSo
cars as against Psi cars year ago
| Exports from the Atlantic Seaboard
amounted in wheat and flour to about
| 100 600 bushels. The Liverpool market
opened UP q pence on account OF the ad-
vance here on the day before and closed
with a further half pence advance on
account of our strong squirt in the morn
| ing. Berlin also sympathized by an
| advance of from y mark TO l mark,
but Paris ruled weak and Indifferent
/ to outside influences. September after
/ its early advance TO 745s cents, worked
| gradually down until il touched 1893
| cents about forty-five minutes from the
! close About that time a report from
4 ,f having hoAn
{ taken for fifteen boat loads for export
started the market upward again and
| IL did not take. many minutes 10 get
back to 74S cents. 1t closed at 7i]s
| cents.
The corn market was inclined to he
weak on favorable crop reports but was
| upheld by the strength of wheat Some
demand for shipments helped II also.
$50. 900 bushels being sold to go east dur
| ing the session. The receipts were l33
| cars. 50 of which We're transferred from
| private city warehouses. There was
some heavy selling in the forenoon.
Some orders to buy May were received
from country men in Illinois and Iowa.
July sold as high as 4S5s cents near the
opening and from that down TO Az. %
x cents. II reacted afterward TO 4SA
cents and closed at 4SGfiS1s cents.
Another heavy days business was
transacted in oats. The tone OF the mar
ket was very weak, due 10 some liberal
lines being disposed of. September sold
from 267s cents to 261s cents and closed
at 26A cents.
The provision market was quiet but
firm and closed slightly higher for all
the speculative articles. The highest
prices were realized about the opening
but the market closed up firm after be-
ing rather weak at one time during IN
forenoon. The net gains at the close
wer quite moderate, being from cents
to 71s cents in pork; cents in lard and
21s cents in ribs. Hog receipts were
$4,000 and quoted from 10 10 cents
higher.
Estimates FOR Thursday: Wheat 20
cars: corn l27 cars; oats 1872 cars; hogs
$4,000 head.