The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-06-16

Soon Ended-CorE, Oats ana frorisions
Weak
Chicago, Ill, June 15.-A very moder-
ate speculative trade was noted IN
wheat today, the market ruling slow
and dull at times, within the range Of
Is G1Z cents Everything was against
the market at the start in the way OF
news and statistics and a decidedly
weak sentiment was soon created which
finally carried the price on IL cents
from the close Saturday. The worlds
shipments were unoficially reported
early at $4,000 bushels, those from the
Black sea being placed at 5,2SS, 900 bush
els, the total being largely in excess OF
the weekly requirements. Livrpool
was quotd pence liver. domestic marx
cts were all weak and declining AMI
Northwestern receipts were heavy. Busi-
hess was light and narrow and there
was more or less hesitation growing out
OF the July rumor, and the sharp huc-
tuations which have been going on dur
ing the last few days. So, in the alb
sence Of support and lack Of bull news,
trade dragged and prices declined The
difference between July and Septem-
Der widened, however, and at one time
was a full cent When the visible came
in showing that the decrease had been
only 6s1. 600 bushels, when nearly 2,0o0.-
COO had been expected, there was a very
heavy tone and a decline OF fully Ia
cents from Saturdays figures, but the
market reacted some on good buying by
shorts to secure profits. July opened
about y cent lower. az 5661kc. sold to
$3.50, fell TO 65S4c and reacted 10 SOS
cents.
The market had a sharp and sudden
squirt during the last hour and July
sold up TO 571z cents. The advance
could be traced TO nothing but the re
ceipts OF a few buying orders. the fill
ing or which led to a good deal Of tenn
porary excitement and there was a rush
OF shorts 10 cover. A reaction soon set
in, however, which carried July back 10
569s cents. the close being al that price.
Corn held its own remarkably well in
the face OF the early weakness OF wheat
and the continued prospects Of a big
crop. The opening was rather weak,
with wheat, but fair demand was
manifest and the advance in prices
caused by the wheat bulg. was well
maintained. July opened about &c
41HC4f CT 1SEs lOA[i4E0 - 81 anu C4OSG1
steady at Z%c.
Oats were slow and rather inclined 10
weakness. July opened &c lower. az
17Ac, advanced 10 172sc on covering by
shorts but weakened again and closed
easy at the opening price
Provisions. under the influence OF
large run Of hogs, opened with prices
weak and lower. The demand improv-
ed somewhat, and with less pressure TO
sell a stronger telling was developed,
with some rally in prices, the closing
being steady. July closed sc lower. at
sL1215. July lard unchanged. at S4I21k
and July ribs 21zc lower. at 1886.
Estimated receipts for tomorrow:
Wheat, s. cars; corn. 525 cars; oats, $50
cars; hogs, $4,000 head.
VISIBLE GRAIN SUPPLY.
New York, June 15-The visible supply
of grain statement as compiled by the
New York Produce exchange Saturday,
June 13, is as follows: Wheat 490. ass, 600
bushels. decrease 81, 100 bushels; corn
s.406. 900. decrease 1870; oats $3.50. 600,
increase $4,000; rye 1880, 900. increase
4S 900; barley 81. 900, increase 5000.