The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-17
GOES BACK ON THEN
WHEAT SERVES THE BULLS 4 DIS
APPOINTMENT.
Sinks Back Slowly and Closes a Half Cent
Depressed at Both Ends OF the Day and
Export Ciearances are Lisht--Western
ish--Corn Passes Another Day of Dreary
Dizziness and with Oats is an Eighth
Cent Iower-Provisions Mixed.

Chicago. March ls.-Discouraged by
disappointing cables, the small week 5
clearances and liberal realizing, wheat
went back on the bulls today and be-
gan weariiy retracing its steps. finish
ing = cent lower for May. Corn lost
Is cent and oats Is cent. Provisions
finished higher for pork, lower for lard
and ribs unchanged.
The early cablegrams from Liverpool
and Paris quoted rather easier wheat
markets and the shipments Of wheat
and flour from both coasts OF this coun-
try Were about 500, coo bushels smaller
than on the week before. Those We're
the most influential factors AT the open
ing and consequently prices started at
decline OF about I. cent compared
with yesterdays closing. With the
exception Of the cables and the week 5
clearances there was nothing else bear
iSh in the days news. There were
numerous dispatches from the SOUTH
west pointing 10 the probability of in
quiry TO the winter wheat and the
scarcity of the article in the country.
The receipts at Minneapolis and Du-
iuth We're 81 cars against S3a a year
ago. primary market receipts were
600 bushels today against 3i5,0 900
year ago. May wheat opened at from
5. cents down TO 56S4 cents and ranged
between Sos cents as its bottom edge
up 10 57h cents as the top of the range
Ii closed at the lowest point, or practic-
ally SO, the latest trading price being
56as q56A cents. The absence of ex-
port demand at the Seaboard or of sales
of round lots OF winter wheat here Were
the chief depressing elements in the
situation at the close. a marked decline
at Berlin and - centimes at Paris being
contributory causes.
The corn traders had another days
yawning experience. Business in the
pit was of the smallest and in the cash
crowd, also, peaceful quietness pre-
vailed. Offerings were light both OF
cash and futures and the demand was
of corresponding character. In the
futures a rather heavier tone prevailed
than was the case in the cash market.
The opening was at from 46Is cents to
461sHk cents. 1t dropped TO IS cents,
recovered TO 46A cents and closed at
4e&46B cents. The easy feeling in
wheat and rather liberal estimates for
Mondays receipts caused the decline.
Oats remained very dull. Fluctua-
tons were very narrow and principally
easier. May started at 29iz cents, sold
at 29SsM1s cents, and closed there. The
days arrivals aggregated 167 cars.
By general consensus of opinion,
the changes in the provision market
today were due 10 manipulation. II
was subject to sudden changes of quite
considerable range. The opening in
pork was at an advance on yesterdays
closing price of from q. to ~ cents per
barrel, but on any attempt of an out
slider to dispose of any, the price was
dropped, and similarly with attempts
to buy. The ruling condition was to-
ward a decline, but the market was
given a strong closing. The changes
since yesterday are 2ia cents rise in
pork, cents decline in lard and ribs are
left unchanged.
Estimated receipts for Monday:
Wheat, 25 cars; corn, 255 cars; oats, 100
cars; hogs, 90, 900 head.