The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-10-17

Gables were disappointing this morning.
hence our market opened weak, but good
buying set in from the start and the mar
ket gradually hardened. Clearalces were
nearly $4,000 bushels. Clearances for the
week are over 100000 busels. The feel
ing IN our PIT today was exceptionally
strong. The bears seemed more discour-
aged than for some time past, and Il looks
as if they might have 10 come in and
take their medicine. If they do we would
not be surprised 10 see the market ad-
vance next week very rapidly. On the 9TH
er hand, crop conditions during the week
have improved. Argentine's prospects are
much better than they Were supposed 10
be. The effect of this was shown in the
weakness OF the May option. Seeding has
progressed during the week just passed re-
markedly we'll. The high price OF wheat
has stimulated farmers to seed and the
showers OF a week ago. while not suffi-
cient for general purposes, laid the dust
over the wheat already sown, and enabled
the farmers 10 proceed more rapidly it'll
the work. The feeling prevails that the
late fall. with continued rains, will make
possible another large crop OF wheat.
though it IS known that the wheat Will
not be strong enough 10 Withstand a Sc
we're winter.
Corn was stronger today, in sympathy
with wheat.
Provisions were also stronger Cooler
weather. however. IS predicted. ana It is
not likely that provisions will sell much
lower.
WEEKS WHEAT REVIEW.
Chicago, Oct. 1.-THE range OF wheat du-
firing the past week has been rather mar
row. 2asc defining the limits. The mar
ket has stayed close TO the ninety-cent
mark most OF the time, however. above
that figure. The range was between SIsd
o2c. the former figure being touched Tues
day. while the high water mark for the
week was reached Thursday. Yesterdays
closing figures. sl@sa9li2c,. were but 3-ls
below the figures OF week ago. Import
ant factors during the week have been
the breaking OF the dTouth and the eX
trcme weakness OF corn. on the one hand,
and enormous export engagements and
considerable falling of in northwest and
local receipts on the other. The market
during the early part OF the week sold
off General rains over the drouth-infectei
district brought welcome relief. and. fol-
lowed BY the government crop report.
which lntma:ed a largely increased win
ter wheat area. provoked quite general
selling.
Private reports on the winter whea. con-
d!rlon, however. did not agree with the
governments. II was claimed by many
that the winter wheat crop for ISIS VII
not be more than two-thrds OF the average
ani the belief In the correctness OF these
figures was strengI neIsi during the latter
part OF the week by the Modern Miller's
report and he estimates OF President Hill
% the Great Northern road. Undoubtedly
the wheat market would have scored more
o. an advance over The low II CURES % the
early part Of the week had l. not been for
theweakness displayed by corn. renov-
al OF The drouth complaints, especially from
Kansas. where the rains were reported %
have been TOO light for any material bea-
eft caused considerable covering by shorts
and developed the fact that the Tazcke:
had been over-so33.
Chicago. Oct. 1s-FiaD-Cssh. g g: cash
northwestern S-r5l=; December S-05,-. May
8 TsI.
I've poul,ry-s.eedy: turkeys. sals:
chickens :. springs :. Ducks. 7ia6sc
Butter-F1rn; creameriss Sazliz; diaries
1868
Egg-Firn; fresh 1914.
KANSAS CITY.
Kansas City. Oct is-Whest-Hari &c
higher slow: soft, firm, but slow: Nc.
hard s.: No. :. S1s4i=: Ne :. 1885,: No
4 Ta7e. No. red. -. No. :. ssGss. No. :
szGSs: No. 4 Soasz. No spring s3s7s2: No
oats-About steady; saw: Nc. white
IsGlsi1c
Rye-FEm: No : &c
Hay-HisAsr; choi'e timothy. 30:
But;er-s;eaiy. active: creamery. 3e1:
dairy I49I7
Exchanges; demand Increasing;
NE.
e.: wheat. sec. cora. l5.0s. ozz. -
90
Sh.pne-ts-F.3ur. son: Eseat. = 5s.
cc-1 * 80. eats, zoo
FTo1--Dug ard Elc5z1Es6
Wlezt-EIigaer. bEt tame and ve-F IL
setfle5 cfcssrg y above yesterday fz- o.
tobsr Decerto-r Cyens. - wv a.
vzncsi I. .eH 5scz Ia. reacted - an
later tscllzsG ~ closing E5is buyers 3
;AzI SFct s.ez5y. Nc Ts5 cssa.- slcvs-
- Sc BID: rack -. No. hal cz.-
=: Deccnber. ssssc b.: Nag. Sas&s.--