The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-09-08
GRAIN ANDPRODUCE
DECEMBER WHEAT GAINS A CENT
AT CHICAGO.

Opens ut IS 1-s Cents, Marks . High Poin,
OF 90 Ia Cents and Closes an Eigth
Cent Under That-December Corn
Makes fractional Advances and Oatl
are Little Chaosed-New York Does
Something More Sensational In the Way
| of Advances Government Crop Report
Rather Mournfui.
| Chicago, Sept. There was a jump of
2 cents in the price OF wheat at the
opening today, first offerings OF Deem
Der ranging from 95 1-2 to So "a cents,
compared with Saturdays closing price
Of SO SIS cents. The market was inf1u-
enced by the cables, Liverpool showing
an advance Of 23-4G3 Is pence over
Saturdays close There was rain in the
spring wheat territory in Minnesota and
the Dakotas This and the large in
crease on passage. 100000 bushels,
checked the advance. Worlds shipments
were enormous, $4,000 bushels. but
two-thirds Of the amount was from
America. Northwest receipts for three
days amounted to 1880 cars, against O.
| 512 cars for the corresponding period
last year. Brokers for the alleged bull
clique sold little wheat at the opening
| but trading as whole was limited. De-
cember gradually eased off 10 81 So cents
and recovered to 50 cents and later ad-
vanced to and closed at Sc IL cents.
| Corn opened strong and at 1855
| cent advance on higher ables, bad crop
| reports and the continued dry weather
| in the corn belt. Its advancing tendency
| was checked by the huge receipts for
three days. 3,737 cars. There was plenty
of realizing at the opening advance and
December declined to 80 IS cents, but
closed at 33 1898 IS cents. Trade was
large and general.
Oats shared in the early strength OF
wheat and corn, December opening Lag
3-S cent higher at 20 5-S@20 3-4 cents.
Receipts were large, 946 cars. The mar
ket held steady at about 20 5-S cents,
closing at 20 ga cents.
Provisions were affected in a small
way by the yellow fever scare south.
The decline, however. was very slight,
considering the alarm that usually at
tends a southern epidemic. the belief be-
ing general that il is too late in the sea-
son for any great peril. The hog marke:
was weak and lower. There was good
demand for lard. December pork open
ed II IL cents lower at IS. so, and closed
at sS.S2 1-21S.S5. December lard open
ed . -2 cents lower at 81 so and closed
at $4.S564.S7 L. October ribs opened
21-2 cents lower at $3.50 sold at s5.55
and reacted TO s5.57 1-2.
NEW YOR KWHEAT HIGHER.
New York, Sept. 7.-Wheat mad a rise
of 1-462 1-2 cents today, consequent
upon excellent foreign buying of futures
and spot wheat, the latter footing up
million bushels at New York and out
ports The market had midday reac-
ton OF a cent a bushel, but aside from
this exhibited strong undertone all
day. December opened at a dollar, and
near the close sold up 10 $1.00 IA. or just
4 cents under the best: point Of the year.
Final prices were near the top for the
season. There was no excitement al
any time trade being entirely local ex-
cept for the early orders. Total sales
were 4,465, 900 bushels. Gables were all
higher and lent to the big export de-
mand. The visible supply and other
weekly figures were more bearish than
otherwise, but had only a minimum eff
feet on prices.
Corn sold up 1@1 IA cents on the bull
ish character of crop news representing
the crop away behind last years figures.
December sold from 50 Is TO SO rs cents.
and closed al 81 rs cents. Exporters
were fair buyers Of corn today.
GOVERNMENT CROP REPORT.
Washington, Sept. THE weather bu-
reau in its crop report Of conditions for
the week ending al a. m, September
6, says:
In the central valleys and southern
states the week has not been favorable,
owing 10 general absence OF rain and
prevalence of high temperatures. Hot, |
drying winds have proved injurious in !
the states of the Lower Missouri and |
Central Mississippi valleys, and rains, |
unusually heavy for the season, in Ore
gon and Washington. interfered with |
and threshing in these states.
but caused no serious injury 20 grain.
Corn has been very unfavorably affect |
ed by the weather conditions OF the past
week in the principal corn-producinS /
states High temperature and absence
OF much NEEDED rain have checked growth
of the la.e crop and caused premature
ripening, while the prevalence OF hot
winds have caused injury, particularly in
the states Of the Lower Missouri valley.
In Iowa and Missouri, much corn is past
/
conditions. however. have been more IA
vorable 70 corn in the lake region, upper
Ohio valley and New England, and in
the middle Atlantic states The crop Is
going generally well.
FRANCES WHEAT CROP.
Washington, Sept. w. Appel. COM
nercial agent OF The United States at
Robaix. France, sends % the state de-
oartment a report on the short wheat
crop in France. He says the crop in
France. and in fact al Europe. has fal-
en- much below the average. and that !.
s es:imated that the Uoitej States and
Canada will be called upon TO export
rom l20. ce0. 90 10 13o. 90. 900 bushels
more than that exported 20 Europe last
year. France viii require about $1,000
90 bushels to NEE; the deficiency in
hat country.
Consul Heenan. a; Odessa. has made
quite an extensive report % the state de-
1sr,nlen. concerning the failure Of the
,rops in Russia In many districts IL
,as been the wettese season ever known.
ina grain has been destroyed BY BON
ain and hail Much of the grain was
lot worth the expense % binding Tie
wheat received a. Odessa Is OF a very