Kansas City daily journal., 1895-07-18
PRICES LOWER IN The PIT.
WHEAT wEST bows ate oS VARIOUS
BJLLIsU RuMORs.
Corn Lost 3-sc in sympathy with tho
pecline In Nheat-Oats We're
Fraction Lower and Pro-
visions Declined.

Chicago. ILL.,. July 17.-The wheat and
corn markets to-day opcued strong and
closed weak. Compared with the final quo
tations Of the day before wheat Is Sac.
corn &c, and oats i,c lower Provisions
were moderately active and lower in the
end.
The break In wheat was the result Of the
absence of export demand, rumors of gold
shipments and liberal short selling. The
trade in wheat was OF the same local scalp
ing character was reported OF it yes
torday. orders ftom the outside were as
scarce as good crop reports. The crop con-
ditions Influenced the FIRST transactions;
after that the short sellers became tho
governing influence ana sat severely upon
the spirits of those who might otherwise
have been buying wheat To add to the
troubles of the spring wheat the weather
bureau reported light frost probable in
Minnesota tonight. The receipts were
much lighter than at the corresponding
time year ago. The New York people
are becoming impressed by the inferior
quality of this seasons winter wheat. and
are buying old No. red in Chicago which
will he shipped tn due course to help bring
up the average of the poor stun they cx-
pect to have to handle from this seasons
crop, They are buying the cash grain here
AZ a discount of lac per hushcl under the
the latter against their purchases OF the
spot grain. Receipts at Minneapolis and
carloads on the corresponding day of the
year before. Chicago received Is cars, IL
of them being new, and only of the latter
IN spring contract. The exports from the
Atlantic seaboard were again disappoint-
ingly light amounting to only iS,GvO bushels
of which 1900 barrels were flour from the
four principal Atlantic ports Liverpool
here. September opened unchanged a CSC,
and after bulge to, 6slaG, dropped 1c, and
part of the sess on in the absence of any
business from the outside the local short
some short wheat to spare after the others
for the weakness in the end September,
after selling as, high as Cs5sc. declined to
The corn pit was divided in opinion on
the reported damage from hot winds in
Nebraska and Kansas. Early in, the sges-
vcry little credence' Frost was an item II,
May to jump &c from around S7hc. The
decline In the price of wheat near the
close was adversely affecting corn at the
same time. The lowest prices of the day
Were prevailing between the last morninl,
range in September was from i6iac down
to 5c G%a with +S the the PrSyaiTg w nE.ee s. at at
Sc, and the closing price 37isc Receipts
to-day, 1O9 cars.
character. The tendency Of the speculative
market was toward easiness, and lower
values We're round, although lurlhg the
was scored. Fluctuations We're ruled prn-
cipally by wheat and corn septemoer
23e, and closed at 2$G2$isc. ,,,
Provisions opened firm and a trife higher
in, sympathy with the early strength in
yived again, and finally closed at II slight
decline in pork and lard but trihe higher
pork was $iO7O. against $iO.S5 on the day
before. Lard is now $3.50. against S6.32ls
Yesterday. and September ribs are S6.17i2,
against $612l26G15 yesterday. To-days re-
ceipts We're 1900 hogs.