The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-07-18

Chicago, I'll. uJly 1.-THE grain mar
kets were strong today and wheat a.
the close was &c higher, corn &c higher
and oats &c higher. Provisions Were
weak Pork closed SC lower, lard 10c
and ribs sc lower. Pork touched a new
low record while lard and ribs closed at
exactly the same price
Wheat opened sc higher, at 56tsc for
September, and advanced TO 571sc with
in an hour thereafter. ommisison
houses doing an export business had
more bids from abroad for wheat this
morning on the basis Of 5S1zc for Sep
TENDER than they have had since the
recent foreign demand sprung up. Re-
ceiving houses got little or no response
in the country bids OF 1c per bushel
premium over September prices for No.
2 red delivered at hicago. ountry mill
ers. IL was said. were taking il at Sep
TENDER price, which was equivalent to
from &C 10 SC per bushel premium, TAX
ing the freight into account Ship
ments exercised a strengthening in
fuence on the course of prices. The
Minneapolis and Duluth receipts again
were comparatively light, amounting 10
26s car loads, against 418 the week be-
fore, but only 15S cars last year The
hicago receipts were 247 car loads, 10
Of them No. 2. The Atlantic port clear
ances were heavy. amounting in wheat
and -four together TO sos 900 bushels.
The Liverpool market opened dull at
I'D advance, bue closed strong at Id
higher for spot and futures Of alifornia
and "a higher for red Paris at the
close was quoted Is centimes higher. or
the equivalent Of &c per busheL Berlin
was cabled 4 mark lower. The mar
ket continued strong 10 the end, Septem
Der bringing 571z cents about fifteen
trading was at 571lc, with buyers bidd-
ing that as the bell tapped and 57ssc
immedia tely after.
Corn was firm in sympathy with the
bullish news OF wheat The demand
from the east was dull but the bids were
for the most part a. &c under the prices
here. The receipts were 275 cars. At
lsndc exports were small, amounting
TO only 66,o2S bushels
September opened unchanged, at 27IS
cents and from 273s nc near the OPEN
ing rose to 27B92Sc and closed with
buyers at 27&c.
The market for oats was active and
more attractive than yesterday. Ad-
vices from the country were still very
bullish and shorts renewed their efforts
TO cover. Offerings were readily taken
UP. The feeling was fam and prices
advanced. September opened 4 cent
higher, at lie, sold up 20 I7&c and
closed al 115sc bid. Country orders TO
buy were plentiful.
Provisions were heavy again and clos
ed at the bottom OF the days range,
lower than the price of the live material
from which they are made, and with
the additional extraordinary feature
Of lard and ribs selling at one price.
With the large hog receipts, there was
nothing to encourage speculative buy !
nS OF the products. September pork |
opened sc lower, at $40 and sold at |
$3.50 and $685., rallying TO $40 at the |
sose- September lard opened sc lower, |
1t $3.50 and sold down 10 1855, where 4
( closed. September ribs opened Sc /
over, at 1886. sold at s3.57ls and $S.52It |
md closed at the opening price.
Estimated receipts for tomorrow:
Wheat. 275 cars; corn, go cars; oats, 125 /
;ars; hogs, 1900 head