The Wichita daily eagle., 1895-07-04
TRADE GROWS DULL
MARKETS YIELD TO THE INFLU.
ENOE OF THE HOLIDAY.
Wheat Succumbs to tho Extent OF Five
Eighths OF q Cent, Being Aided by the
Lack Of Outside Speculative Invest
ments-Corn Ii Firm on Good Seaboard
Orders for ExpOrt-Good Business In
Oats and Quarter Cent Gained-Pro-
visions Strong and Advances are Made
Hog Receipts Light.

Chicago, July 3.-Trade was dull to-
tive business. The holiday tomorrow
had much TO do with the small trade.
but besides that there is a great lack
of outside speculative investments
Wheat was weak and about Is cent low
er. corn averaged firm and gained 1s
az cent for September and oats closed
Il cent higher. Provisions were firmer
and shoy small gains.
Weakness was the feature of the ear
ly trading, the opening transactions
taking place at from AGSs cent below
the closing figures of yesterday The
main source Of the weaker feeling was
in the northwest. where the wheat was
OF the most favorable character for the
wheat plant Outside of that feature or
the situation. the news of the day was
more bullish than before. as the follow
ing enumeration Of the principal items
will demonstrate. The Chicago receipts
We're only nine cars, two Of which were
new wheat. one car grading No. hard
and the other No. red. Minneapolis
received SO cars and Duluth 90 cars. or
163 cars in all compared with 406 cars
Yesterday The chief western winter
wheat markets received wheat as fol-
lows: Kanst; City, 4.sOO bushels 81.
Louis, 1873 bushels, Toledo, 1000 bush
els and Duluth 692 bushels. The ship
ments from Duluth today amounted 10
260, zoo bushels. making for two days
520, 900 bushels shipping. The export or
wheat and -four from the Atlantic ports
We're heavy in comparison with the
average of the last ten days, me total
amounting TO the equivalent OF i2o,ovo
bushels, 234,000 bushels OF which were
in the shape of wheat. The early Liver
pool cables quoted an advance there or
Il pence per GENITAL. but the later cables
reported a decline of /. pence since yes
terday, the latter decline resulting prob
ably from the weak opening at Chica-
go. Berlin cablegramS reported firm
ness and a slight advance while Paris
sent no report and Antwerp repeated
yesterdays quotations. The seaboard
reported some inquiry for export, but
chiefly for flour, and Dulth wired that
there were buying orders from abroad
for -four in the market. The market
here, after a decline from around Ilia
cents at the opening TO point below
II cents and a recovery to around IA
cents, settled into SluggishnesS and as
sumed the usual characteristics or the
day preceding the great national holi-
DAY. Inc DuSlllSSS VI tilc podlu WdS
terfered with in the latter half OF the
session by the patriotic zeal of some Of
the younger members and trading was
spasmodic. The price of September was
kept between 71@Tta cents, with the
lower edge of the range prevailing near
the end. The closing price for Septem-
Der was 71AQA cents and for July 6s1s
az cents.
The corn market had some weak spots
IL Id Grrr a rs
with the limpnesS of the wheat market
The fluctuations were confined TO a
range of about 1 cent. The seaboard
advised good export inquiry and sent
their orders for execution here. About
forty boat loads were reported sold at
the seaboard, which means the ship
ment of that quantity from here. The
receipts were nominally 104 cars. but
two of those were merely transferred
opened easier at 46 cents. declined TO
455s cents, rose to 46H cents and after
f1uctuating between 46 and 4612 cents
the most Of the day, closed at 46A as
cents.
The oats market was quite the re-
verse. Parties who of late have sold
freely and weakened prices were buy
ing today and caused a sharp advance.
Some good sized short lines were cover
ed during the latter part of the session.
September started at from 24b to 241s
cents. weakened TO 23as cents, rallied to
243s6h cents. back to "A cents and final
ly recovered TO 24H cents.
The provision trade was rather dull
but the market was strong and IL was
found difficult TO buy much without ad-
vancing the price. July deliveries were
principally in demand. indicating an
unliquidated shortage for this month.
The hogs receipts were only 22,o00. and
for tomorrow's run but $1,000 are look
ed for. Prices at the close showed the
following advances for the day: July
pork, 20 cents; September 21z cents;
July lard. cents; September 21z cents;
July ribs, 10 cents: September cents.
Estimates for Thursday and Friday:
Wheat. 10 cars; corn. $50 cars: oats, 200
cars; hogs, Il 900 head.