The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-09-19

| liverpool and Berlin Furnish the alter
| Strength Decline on Realizing StIIi
Later, and a Final Reaction Therefrom
-narkets In General.
| Chicago, Sept 1s-The strength dis
! played by the Liverpool and Berlin
markets was Influential enough TO
I cause December wheat TO close &c
/ higher today, in spite OF continued
heavy northwest receipts. Corn and
oats were both firm and closed L cent
higher each. Provisions were all high
CT. pork advancing 2l1 cents, lard ~
cents and RIBS 10 cents
( Wheat had firm opening. but very
soon weakened. and for over half an
I hour the bulls were O.: the ragged edge.
/ Then the sentiment changed gain. The
opening price for December was from
els TO slA cents. as compared with
CO.'S 961 cents. yesterdays closing fig
ures. II commeaced TO sag immedia,e-
ly, touching 603< cents before the rise
commenced, wtl.ch by II O'Clock had
carried the price up 20 81 cents. Offers
made from Chicago and New York last
night on the basis oe yesterdays adj
vance did not meet with a very liberal
response IN the way OF acceptances-
That was probably one of the reasons
for il was the receipts at Minneapolis
and Duluth, which, though 102 cars less
than on the corresponding day laSE
year. were still heavy, amounting 10 l..
CAS- cars. Chicago receipts were again
more liberal l65 cars, compared with
So carlCs DIS a. year ago. but only six OF
the contract quality. Atlantic port
clearanoas were equal, IN wheat and
-four, 10 20,o00 bushels. Liverpool
opened I'D higher for spot wheat and
I'd higher for futures, and closed WIKI
1si advance in futures lost. Berlin
opened ia marks higher for wheat and
closed at an advance OF from ia TO
marks, which Is equivalent 10 about / Is
cents per bus1lel. This sharp advance
at Berlin was the principal factor in the
strength or the latter part OF the ses-
sion. After the advance TO 60 cents
there was a very general desire TO real
ize profits on the early purchases and
that resulted in a rgadual decline 10
6112 G6i7s cents and CLOSED at 81 SG61i2
Corn was fairly active and firm. The
damp weather and the strength Of the
wheat market were the impell.ng
causes of the better prices realized for
the offerings. The demand from shorts
develo ped as wheat advanced, and as
the offerings were limited. prices grad
uany strengthened. May opened I'M
changed at 24Gs924Z cents, advanced
10 251s cents. and closed steady at PAS
cents
oats were not very active. but firm,
chiefly through sympathy with corn.
Shorts were good buyers, and fair sup
port was given by outsiders. May open
ed a shade higher at 1915 cents, ad-
vanced to 1874 cents and closed steady
at 1914 cents.
Provisions were very firm on a small
amount OF business. Packers who have
lately been identified with the shoTt side
We're the best buyers, and quite a sharp
advance resulted. Yard prices were
slightly higher. Some realizing was in
dulged In near the close but final prices
were at substantial advance. Jan
uary pork closed 20 cents higher at
IS. S215, January lard IL cents higher at
s3.s0q3 S31s and January ribs 10 cenSs
higher at 1915.
Estimated receipts for Saturday:
Wheat 275 cars; corn $50 cars; oats 800
cars; hogs 1900 head