The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-08-31
FEVER is ALL GONE.
GRAIN MARKETS TAKE MATTERS
AS COOL AS CHRISTMAS.

| AS 1t was Before the Late Excitement, 50 ID
the Humdrumness of the Grain Pits
Movements. Compared With Recent
and Reasonable-Fisures are Piled
High. However. Regarding an Immense
Worlds Shortage and an Immense Grain
Movement to supply L.
Chicago, Aug. 30-There was an easy
feeling at the opening in wheat today.
caused by the weakness at Liverpool.
that market opening R4&d lower, and
later showing 13@1Ad decline. This
was Offset by foreign estimates Of the
wheat shortage and by reports OF light
frosts at some North Dakota points. The
Austrian minister Of agriculture esti-
mates the wheat crop 50.soo,0oo metric
hundredweight short. Beerbohm's esti-
mate made the net wheat shortage 120.-
100000. Worlds shipments were large.
7,.52. o00 bushels. A great deal Of chang
ing from September 10 December was
done, which resulted in the almost total
disappearance Of Saturdays IL cents
difference between the two options
Northwest receipts were 524 cars, against
315 last week, and $50 a year ago. De-
cember opened at IA cents lower, a.
IS 3-4as9 cents, advanced 20 80 cents, re-
acted 10 SO IS cents and recovered 10
SO IS cents. September opened IA cent
lower, at 80 1-2 cents, and slowly declin-
ed TO SO 5-S cents, recovering 70 80 cents
September closed az 50 cents and Deem
Der a. SO 8 s cents.
Corn was active and showed remark
able starength in view of the enormous
receipts, 1855 car. Elevator people were
the best buyers. Little rain has fallen
in the corn belt and drouth damage re-
ports are increasing. The country has
stopped selling. December opened irreg-
ular at 81 1881 1-2 cents, decline Of
1-SG1-2 cent, but advanced steadily 10 80
cents, closing a 80 Is Genes.
Oats were slow but firm Crop damage
ms were numerous. DIX atjRfeEHTHT
claims were numerous. Local receipts
were heavy. 791 cars. December opened
unchanged a; 10 rs cents and advanced
price.
Provisions opened weak on the decline !
in hog prices but later became firm with !
corn. The cash demand was good De- !
cember pork opened > cents lower, at /
1855, and advonced to $3.50, closing at 1
$500 -
December lard opened cents lower. |
at s4,S5. and advanced TO s4.S7 1-2. clos |
ing at s495. September ribs opened |
cents higher, at 1882 1-2, closing al s5.75 |
@5.77 IL.
NEW YORK WHEAT AND CORN.
New York, Aug. 30.-The total trans
actions in wheat today We're only 1915
COO bushels. During the height of the bull
boom they ran up to 100000. Thus
speculation is fast getting back into its
normal condition. with sentiment not so
favorably disposed toward the long side
OF the account except in a scalping way.
News on the whole today was bullish.
but the market did not respond. There
was heavy selling 6f the nearby deliY-
cries in an effort to switch transactions
over into December. AS result the diff
ference between September and Deem
br. which few days ago was something
like cents, narrowed down 10 2 cents
at the close today. The latter option
closed unchanged from Saturday night.
against l 3-SG1 7-Sc decline on other de-
liveries. The domestic visible supply lost
], 256. 600 bushels last week, and the Eng
lisn visible decreased LIS 900 bushels
Private cables 20 a prominent exporting
house here reported the annual crop
statement OF the Hungarian minister q
agriculture as showing the European ne
cessities OF over 144 coo quintals this
year. To supply this deficiency Europe
an countries can only furnish SO. OOO, 900
luintals, leaving a shortage of 80. OO0. 900
luintals. The report did not have the
effect on our market which many trad
ars thought its importance justified. the
minister's figures being gen.
orally regarded as official for cauculat-
ng purposes. After the opening, which
was at "a Lac for December. Il fell 20
3 1-2c, rallied to 90 1-2c, and closed az
a 1-Sc. Clearances Of wheat from New
York last week reached a million bush
Els, the heaviest total in many weeks.
Local stocks in store and afioat lost 49,
100 bushels. English cables were weak I
Ill day. French markets opened higher, /
out lost it all and closed weak. Contin-
ancal houses were sellers in the early
market.
Corn showed plenty OF strength all day. |
the drawbacks OF weak ca
1les. enormous receipts and huge visi-
Die supply increase. II was freely bought
" the trade on bad crop news. Deem
)er opened at SO 3-4c. sold up 70 81 I-2c,