The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-10-16
CHICAGO MARKET LETTER

Furnished by Topeka Grain and stock Ex-
change. 526 Kansas Avenue.
Wheat-Traders were badly mixed this
morning when the market opened and
the news given consideration. The trad
ing was limited and, although during the
first hour there was very little for sale,
yet the demand was on the same order,
very light A feeling of strength, how
ever, was engendered by the many bad
crop reports, eminating from ST. Louis,
and telling of retarded seeding through
the extreme dry weather in the south
west.
On some fair buying the price got up
to 6lss, but was unable TO cross it, al
though touching there several times.
Cables were disappointment to holders,
first ones reported d decline in Liverpool
but later advices giving advance of
12d, making the quotation about IN
changed for the day. Bradstreeis' state
ment was overdue and when announced,
making an increase in the availa BILE surE
ply of wheat on both coasts 100000
bu., with big increase in and af1oat TO
Europe, the market succumbed to the
news with December breaking to 6014c
There was very little recovery. Closing
cables were just about steady and Goa
tinental markets weaker. Export clear
ances wheat and -four, III, 900 bushels
Minneapolis aud Duluth receipts slight
ly under those of year ago
Corn-Shorts in corn were plainly ner-
vous this forenoon. 1t was u strong sit
uation in the pit from the start. all
traders participating in the movement
The fact that testimony is going to show
a red Gction in crop is becoming more
apparent daily creates alarm among the
sellers. Prime says the Nebraska yield
is going to be disappointing aud that
there is no new coru moving with old
supplies about exhausted. The full gain
in value was not maintained the market
closing steady but at a slight recession
from the best prices of the day.
Provisons-With a run of 40, 600 hogs
at the yards and lower prices TOR the
same, it was no wonder that hog produces
we're weaker today. Pork was quiet but
lower in price investors were scared
away over the big run of hogs. A great
many people believe the hogs are being
rushed to market because Of cholera in
the country, and tb at the movement can't
last much longer.
Chicago Market Gossip.
J Winter wheat 51-34,
spring wheat 258-46 corn 281-252,
oats 210-56
Duluth-Csrs 312, last year 562; Min
neapolis 59S las; year $50.
KotEschlld Instructed MS Paris mouse
| to loan freely on kstfirs
| Lohdon-Great excitement on curb;
Kaffirs advancing rapidly; January cot
ton opened 933 now 942
New York-Steamer rates firmer; en-
gagements l69, 900.
Liverpool wheat closed quiet; -four
steady.
Chicago-Puts, December wheat SO,
| calls "a; good all next week.
! London-Wheat and corn off coast,
nothing doing; wheat tirmer, corn firm.
| Car lots at Kansas City today-wheat
SO, corn SO, oats 20.
Berlin-Wheat closed quiet, = mark
! lower.
New York-Four ports cleared for ex-
port: Wheat and -four III ,225 bushels,
and for three days $4,000 bushels.
| New. York-Late cables, wheat =
| penny higher.
Chicago-Bad crop reports now COM
| ing in, weather said to be too dry for
seeding.
Chicago-The exports for the month
| of September: wheat and flour equal TO
| II, 1884, 445 bushels, against 12,548,SS6 in
September, 1894.
Chicago Estimated cars tomorrow:
Wheat 800, corn 400, oats 2I3; hogs 49,
| 600 head
Puts, December wheat 60, calls 6)7s
puts, May wheat 81, calls IS; puts De-
cember corn 2734. calls December corn
27B; puts. May corn 2938, calls 2915;
puJs, January pork 935 calls g. So; curb
December wheat 6015.
I