The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-10-02

vanced Price In Whsat-The Same Rates
to Chicago, GAlyestop, ST. Leals and
Other Points VIII stiI Remain fer 1t
Least leu Days.
The freight rates were not raised
yesterday by the railroads and which
had been announced in the Associated
October. This was very gratifying
not only TO the shippers but TO the sell
ers of the grain
A call at the different freight offices
demonstrated the fact that notwith-
standing the fact that the notice had
been sent out on September Is snnounc-
/ ing that the new rate or an advance
ment of cents per hundred would
occur on October l. not a single freight
Office had received any Instructions
TO raise the rate and as a consequence
the old rate viii still be in vogue
The notice sent cut by the Associated
Press on September IS. and which was
printed in the Eagle as well as all the
firSt-ciass dailies of the country on
Saturday morning. reads as follows:
Chicago, Sept 1S.-The western roads
I
cars from trans Missouri territory to
| the Mississippi river and Chicago. and
also 10 New Orleans and Galveston.
The advance from Wichita and south
ern Kansas points 10 the Missouri
river and to the gulf points will be z
cents per 100 pounds but from other
! points. where the reduction has not
been so great. the advance will vary
I from 3 cents 10 cents per 100 pounds.
The present rate form ST. Louis 10
| Wichita is cents, and therefore. with
| the cents advance the new rate VIII
| be IA cents. This is still cents per
/ 100 pounds less than the tariff which
was in effect before the roads forced
| the low rates on the western roads.
Wheat and provision rates, ii is under
stood, will be advanced sufficiently 70
| maintain the relative difference above
the corn rates. The foregoing advance
in rates appears only from transmits
souri, points and Kansas on through
business and does not apply to grain
from Missouri river points 10 Chica go
| locally. An effort was made to secure
an advance in these rates also but the
roads east OF the Missouri river were
unable to agree, and therefore the rates
between the Missouri river and Chi
| 1t seems that at the time this agree
ment was drawn between the railroads
| that the Santa Fe and Rock Island re-
/ fused to advance but instead added a
reduction TO Galveston of the product
of the packing houses.
| The announcement made through all
! tine daily papers that the rate would be
raised caused an increased shipment
for the last days of September, and
now that the railroads have not adj
vanced the rate, but that it still remains
/ IA cents per hundred TO Galveston and
| correspondmgly low rates TO st. Louis
and Chicago will cause general rejoic-
| ing among the holders and shippers
! Of grain.
| With the advanced price in wheat
the present reduction means much to
those who have wheat to sell and much
/ interest was manifested yesterday as
| to the outcome of the market. and al
! though ii was strictly speculation the
| prediction that December wheat would
reach s1.00 caused a tendency among
1 holders TO hold their grain
The present rates cannot be advanced
before ten days from this time and
/ the railroad men located here did not
/ believe that any material advance
would be made before the first of No
vember.
| Corn only shows an advance
/ of one cent per bushel yet the advance
I in wheat has caused a bright gleam
Z in the horizon of many of the farmers.