The Wichita daily eagle., 1897-12-09

Chicago, Dec. e-Cabies were unchanged
this morning, but the new receipts wer.
considerably lighter than they have been
running. but still heavy. The bull CLIQUE
started the December option with an ad-
vance OF nearly 2 cents. which naturally
frightened the shorts in May and perhaps
created considerable new buying. Most ev-
erybcdy is bullish on wheat tonight The
leading comission houses In this city are
talking extremely high prices and the pop
Har feeling hers prevails that May will
soon be at a dollar. They take the action
of the market for tho last few days as in
dicatin that December wheat is In the
nands OF very strong bull combination
and that this bull combination is arrang-
ing TO ship out the wheat as fast ae It
comes in, someestima ting the shortage in
December to be as high as 1900, coo, ard
Bradstreet's total treated the trade 20 a
surprise by showing a decrease In the
worlds available OF about 500, 900 bushels.
The news was all bun.sh and everybody
feels that way but we say 1t It just such
times as these that enables the shrewd
operator TO make some money by taking
the opposite course. Corn was very dull
today and almost featureless. Reports from
the country indicate that the husking con-
t;nues to be disappointing and it looks like
the yield VIII be 30 per cent less than sx-
pected. We are friendly to the long side
OF corn. Provisions were somewhat easter
today under the influence Of exceptionally
large huns of hogs at the three principal
receiving points-Chtcago aKnsas City
and Omaha. Receipts were 1900 Cudahy
was heavy seller Of ribs, The market
really held strong under the circumstances
The big ones did nothing of Importance
today and are evidently waiting for the
CHRIsTIE-sTREET COMMISSION 90.
CASH GRAIN.
Chicago, Dec. s.-Cash wheat No red
500: No. 9. 93d94; No. spring, ssdes No.
spring, $685. No. 2 hard winter, SsGso:
No hard winter, s4qS7; No. new spring
s1.00.
Cash corn-No- 2 SAaes; No 8 81
FlaX-Cash. s1.1o; northwest, s1.1sh; De- |
;embec. a.lo; May, N.131s.
Receipts today: Wheat. Ss cars; corn. |
80; oats, 3o4. Estimated car lots tomor- |
ow: Wheat. 300; corn. 40O: oats, $40 Min
leapol.s receipts of wheat today, 543 cars.
Chicago, Dec. S.-Butter-Steady; cream
'ry, LQ29; darby, 12dl9c.
Eggs-Firn: fresh 20c
Dressed poultry-Steady; turkeys, and
sam; ducks, 568c
TIE DECEMBER WHEAT DEAL.
Minneap polls. Mimi, Dec S-The Journal
,rints today some interesting gossip about
be Chicago December wheat deal The
liQue views with composura the Armour
Ian of buying wheat in the Minneapolis
market, Shipping ii 10 Chicago and deliver
ng IL under contract so late in December
hat the freezing OF the river will prevent
IS shipment east. 1t is supposed that Ar
nour expected thus TO secure the storage
4 large snare Of the wheat for his Chi
ago elevators until spring. It iwll come
s a genuine surprise TO the trade 70 !
earn that the bull clique. far from per-
hitting the wheat to remain in storage all
inter, viii ship Il all-rail east, wllere Il
as already engaged boats IN New York
Or Europe. The Journal aserts that the
uH clique IS engineering no artificial cor
er and VIII try 10 squeeze no one. The
inevitable in May and acting on that
1eory. The suposition is the Minneapolis
wheat Will gradually find its way
ITO Chicag
KANSAS CITY.
Kansas City. Dec. s.-wheat-Receipts,
cars: about 1c higher; 20. hard, So; No.
Sea4 ass; No. 5, s0ds2; No. 4. 771z17s1.; No.
red. 81; No. 2. 90: mixed. 81; No. 3, 81;
o. 4. S.; No. spring, STA; No. 3, 799
Corn-Ffrm; some cases higher; No.
liked, 2294 G23i&.
OatsActive. firm; No. white. 23Gsb.
Ryc-F9rn; No. .. iic.
Hay-Aciive; firm for better grades; prai-
{, choice, S.21150; choice timothy, S. 80
Butter-crsamery. slow but steady: lse
Eggs-ActiYe: firm: fresh. 1s11: storage.
dl3c. l
ST. LOUIS :
ST. Louis. Dec. S-ReceiptsFlour. ZOO:
aea., 1000; corn, $4,000; oats, 1e.0oo. ,
400; wheat, 1900;
n. 212O00:oats. $500
FIour-F'irnl; unchanged.
Wheat-Higher; closing with December S
&c; May y 10 sc. and July Sc above yes Q
-day- May opened i.GIsc higher sold
14c. advanced sc, relapsed &c and =
osed with buyers sc below the top Spot
CHER; No. red cash, elevator. eS: track, c
:; No. > hard. sass; December. 60; jan y
~, 81: May, 922s; July, s1I. asked I
Corn-Futures closed the same as yeSte-- =
y. after selling l-ISc lower and I-lsc :,
cher. Spot lower; No. cash and De- ;
mber. 2.i+; January, 2Ii2: May. SAC ?
Sc d
strong; but dull: sellers be- 7
scarce and asking an advance Spot &
yher; No. > cash. elevator. q; track. ma: :
: > white, q; December. q; May. 24
2Es. =
SyeCuiet: 45Iz :;
S.os
Iay-Qu;et; prairie. s7.ocas5n. Timothy, $,
iNdf05a =
creamery. lsl4a2s,s: dairy, 2 !,
i19c-
,ggs-Easy; TIC.
'ork-ouiet: standard mess. iobbIng,
:. =
prime steam. s.I2i5. Choice 81