The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-08-07
Squirt PLAYS OUT
PROVISION MARKET RETIREs TO
TIE REAR AGAIN.
Wheat ResaDes its Accustomed Leader
Lower Pxices-septenbeF Closes Two
Ceats Lower Than Wednesday-Corp
Loses . Cent. Oats Five-Eishths OF =
Cent and Pork Forty-Five Cents . Bar
rsI-Rain and: c ooIsr Weather Reported
From kansas.

Chicago. Aug. 6.-The provision mar
ket fell back to the regular role OF de-
cayed activcity and wheat resumed its
position as leader Of the speculative
markets. It led the way very steadily
to lower prices and was 5SIsc for Sep
TENDER, or cents lower at the close
than it stood at the end Of yesterdays
session Corn lost 1c a bushel; pork
45c barrel and oats Sc. The market
was generally weak
There was good trade in wheat, the
market acting a little spasmcdic, the
range for the day being 2a2kc The
feeling developed was weaker. and low
er prices ruled, September selling of
to 5s1sc and December 10 5ssc, final
figures showing loss Of 1920. Ca
bies were lower early. Liverpool ad-
vices quoted the market off 40 and
private advices reported harvesting
progressing under favorable conditions.
North western receipts were fair and
the weather continues favorable in both
the spring and winter wheat states
Other markets were weak, corn and
provisions being lower and stocks in
Z
depress the price and aid the decline
St Louis was weak and also free sell
er here. Generally favorable weather
conditions are indicated for the next
thirty-six hours. Exports were quite
liberal Closing Liverpool cables re-
ported spot unchanged and futures IA
I'D lower. Berlin was off 4 pfenig and
Antwerp unchanged. Paris wheat was
steady to confines lower and -four
5G10 confines lower.
Corn was weak, and lower prices rul-
ed, September selling off 10 2sIlc, De-
cember 10 25c and May TO 27%c, final
figures showing loss of Lake The
trade was heavy at the start and for
awhile after the opening, but later in
the day the market ruled more settled.
The opening was the widest in some
months, prices varying &c at the same
time in different parts Of the crowd
The feature early was the free selling
by a prominent elevator concern, who
sold about 80, 200 bushels September,
said TO be against crib corn. Receivers
also sold freely and as room traders
were generally long" there was a rush
to sell at the opening which created
great confusion. Rains were reported
in Kansas and temperatures somewhat
COOE--. OlEeE MARKETS were weak and
declined. Shipping concerns were an
ong the principal buyers and many OF
the early sellers turned buyers on the
break later in the day.
There was a weak market in oats.
with fair trade and a lower range Of
prices Opening sales were the highest
and closing the lowest, with loss OF
:. Q7sc. The weakness and decline was
in sympathy with wheat and corn and
on larger receipts.
Provisions were Still irregular and the
feeling in the market nervous. but not
so much as on yesterday and the day
before The tendency was downward
not only in September delivery OF pork,
but in January pork as well. and all fu-
lures of lard and ribs. September pork
closed at a net decline for the day, OF
i5c, January at 30c decline and the fol-
lowing were the days losses in lard
and ribs: September lard 25c, January |
221zc and September and January ribs |
each 15c-
Estimated receipts for tomorrow: |
Wheat Is5 cars; corn 715 cars: oats 800 !.
ears; hogs 1900 head.