The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-07-11


Chicago. July 1o-wheat and corn
| opened in an excited manner today and
| AT much higher prices than they closed
| at yesterday. Corn did not close quite
| so strong but had still / cent OF the
days gain adhering TO Il when the
session ended. Wheat is pa cents
| higher than il closed yesterday. Oats
are UP J. cent for September delivery
and even pork rose a trifle, out OF fel-
low feeling.
Wheat got its boost chiefly from crop
damage reports from the northwest and
the other markets willingly followed
Wheat'S lead. Nearly every one in the
wheat pit at the opening this morning
wanited some OF the article on the basis
of from rs TO 21s cents more than they
| were willing to pay for il as the session
was comig to close yesterday and on
ly a few Of them could get any. Yes
terday's trade bad apparently drained
the crowd Of long wheat and not until
"a cents advance over closing quota
tons was being bid did enough come
out 10 supply the tremendous demand
that had grown up in the night There
were numerous offers here for both
wheat and corn on the basis of yester-
days closing prices which could not be
The opening Of September was at from
63A to 64& cents with very little TO be
had until So cents and over was bid. II
got as high as 6oas cents before the de-
mand Slackened and then dropped back
10 64k cents on the closing out of the
trades for two firms which announced
themselves as unable 10 protect them.
The prices touched 651s cents for mo-
ment and was being traded in at 65ss
M61h cents as the session ended
Corn opened excitedly strong and
with sales at the first rush covering a
range of from 43 ito 40 cents for Septem-
Der and from SO to 371s cents for May.
The two extremes OF the days range
were made at the moment referred 10.
September did not again sell as high as
As cents or as low as 43 cents but II de-
clined to 43as cents IN a very gradual
and irregular manner and that was its
value at the close, and May left off at
36L cents.
The market for oats was active from
beginning to end. September started
at from 22& to 231s cents. sold at 22is
cents. advanced TO 24l4 cents and rest
ed at 23is cents.
The provision market was firm at the
opening and made an advance of about
10 cents in pork at that time. Subss
quently decline of % cents and a re-
covery of the same amount left the
price 1 ocents higher at the close. Lard
was inactive and weak and closed 10
cents lower for the day. Ribs also act
ed heavy and lost ~ cents of their pre-
viouS value.
Estimates for Thursday: Wheat
3s cars; corn 175 cars; oats 10 cars hogs
$4,000 head.
Average Condition of Crops.
Washington. July 10.-The July re-
%,,y- ~ go t,;o <.F. 81
ment of agriculture by the correspon-
dents make the following average con-
dition: Corn, s9.3: winter wheat, SIS:
spring wheat, 1922: oats, 49,: winter
rye, S2.2; spring rye, a: all rye. SOL;
barley, 91.9: rye. S4.4; potatoes. sL52;
tobacco, $50.
Acreage of potatoes compared with
1894, 1919 and Of tobacco. s4.s per cent.
The report on acreage of corn which is
preliminary shows 1913 as compared
with the area planted in 1894. which
was a little o yer 10000 900 acres, being
an increase of 5000 900 acres and ag-
gregating in round numbers 81. 900
acres. The average for the principal
corn states are: Ohio, 104: Michigan,
104; Indiana. 104: Illinois. los: VISION
sin. 105; Minnesota, 112: Iiwa, LOG; Mis-
souri,. I07: Kansas. III; Nebraska, 10Y;
Texas. l12; Tennessee, 107; Kentucky.
102
The average condition Of corn is 500
against 80 in July last year, and $50
in 1898. The average OF condition Of
winter wheat is S5.S against III in June
and $50 last July. The percentage of
principal states are IS: New York. IS:
Pennsylvania and Kentucky. IS: Ohio.
so: Michigan. So: Indiana, 50; Illinois.
so: Missouri, 6s; Kansas, ~: California.
81; Oregon. 80: Washington, go. The
condition of the spring wheat is lee 2.
against 97.S IN June and 6S.4 in July
1894 State averages are: Minnesota,
112: Wisconsin, 90: Iowa, 109: Kansas.
As: Nebraska. so: South Dakota. 102:
Washington, "a: Oregon, 90. The aver
age condition of all wheat for the coun-
try is 76.2. The condition OF oats is
$50 against $40 June, and III July !.
1894. The condition Of winter rye Is
S2.2: Of spring rye. AZ, and all rye. SOL.
The average condition OF barley is 9l.s
against 90.3 in June. an oncrease Of 1s
points.
Chicago Market