The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-01-15
sions About Unchanged.

Chicago, Jan. 14-Wheat was easier
despite decrease in the visible supply,
and closed 81 cent lower for May, in
fluenced by liberal selling. May corn
closed u cent lower, May oats u cent
lower and provisions finished with but
little change
Wheat started easy in tone at u cent
decline. Trade was not brisk, but the
preponderance of orders from outside
was to sell and the local crowd, observ-
ing that, were in a hurry to square their
movements with the apparent drift OF
outside opinion. The news Of the day
with the exception of an increase Of 1,2OO,-
600 bushels in the quality on ocean pass
age for the United Kingdom and the con-
tinent was bullish. May, which opened at
bS1sI5S5h cents, declined In the course OF
an hour to 6Sjs05Slz cents and showed but
little inclination to react until after the
publication of the visible supply state
ment which being construed bulhshly,
caused recovery to 5SssQ12 cents which
vas however again followed by anoIner
decline. The visible supply decreased
600 bushels, which was about as gen
orally looked for by the conservative buIls
Outside Of the regular market news was
g dispatch copied from the New DIRK
World stating that owing to screening
winds in Australia, wheat was being cut
for hay. Receipts at primary markets
amounted TO $4,000 bushels, against 26S,O0O
bushels on Monday last and $4,000 bushels
4 a year ago. Chicago got 80 cars, Mime
apolis 221 and Duluth 81. The two last
named places fell short so cars Of their
receipts at the corresponding time last
year. Clearances from the Atlantic ports
and New Orleans amounted in wheat and
-four to 240000 bushels, of which $1,000
bushels was wheat. The foreign markets
were firm. London quoted wheat and
flour pence per quarter and 3 pence per
sack, respectively, higher. Paris was
shade higher for wheat and -four and
Berlin reported an advance of from Y to
u marks. MillerS nj ontario were report
ed as bidding II cents (. o. b. cars at Buff
falo for some Manitoba wheat which is
held in bond there originally intended for
shipment to Europe. The market showed
a tendency toward recovery towards the
end, May closing at 5S% cents.
The corn market was without special
features of its own. 1t followed in lazy
way the course of wheat, but its fluctua-
tions were confined within a narrower
limit. The cut in rail rates to the east
continued to be commented upon hope
fully by those who desire to see prices
advance. Receipts at Chicago were zig
cars, of which three only were of the
contract grade. For tomorrow the esu-
mated receipts are 40 cars. May opened
at4SA cents, and 4Ss cents was paid for
a limited quantity. After that the market
ruled weak as a rule and having declined
to 4S cents, it was with difficulty raised Is
lower at the close, ATS cents being quoted
within ten minutes of the end, May clos
ing at IS cents.
In oats business was quiet. Early in
the day but little inquiry existed, which,
with the influence of corn, could be cred
tied to the slight strength noticeable
then. Later, however, the disposition
was principally to sell and as corn also
weakened, oats did likewise, remaining SO
during the greater part of teh session.
May started at 31h cents, sold at 3lZ
cents and declined to 307s cents, where it
closed.
Provisions were very dull hut steady.
Hogs receipts exceeded the estimate but
prices at the yards were higher and that
aided the speculative market. Fluctua-
tions were narrow and there was little
trading either way. May pork closed ~
cents higher and May lard and ribs I'M
changed.