The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-03-16
GRAIN AND PRODUCE
CHOP DAMAGE REPORTS KEEP MAR
KETs IN A FERMEAT.

General Trend of Prices on the Chicago
Closes at So to 3.4 Cent Advance and
Provisions Make Big Jump-Corn and
Oats Are Also Higher-Indiana, Illinois
and Kansas Send Reports of Damage 20
Wheat, Which Reports Are Denied
Visible supp,y-Markets in General
Chicago, March 15.-Crop damage reports
and denial of them kept wheat in fer
ment today, and caused considerable r.
regularity in the fluctuations. The gen
eral trend was upward, May closing at
514c advance. Provisions made another
big jump, closing from 2l2 cents TO cents
higher for lard, TO 22la cents higher for
pork. Corn closed shade higher and oats
i2c higher.
Crop damage reports were plentiful al
the opening of the wheat market, not only
from Illinois but from Indiana and Kan
sas May wheat, which closed Saturday
at 73a.G7S2sc, opened at 733s17Ss4c, and in
the course of the first hours trading It
got as high as 7ii4c. The Springfield re-
port, which gave the area of winter wheat
killed IN the state as 80 per cent or the
whole, received partial confirmation from
private reports from the country. The on
ly thing that prevented those crop damage
reports from more strongly influencing the
market was the fact that kilograms from
similar sources said wheat previously
thought 10 be winter killed was growing
finely under the influence oftwo or three
days OF mild weather.
Chicago receipts were II cars; the year
before they were q cars. Minneapolis and
Duluth got 302, against "a Monday week
ago, and 5iG the similar day in the year
before. Some reports of more CRAFTY
ing character regarding the crops were re-
ceived after II O'Clock and caused decline
to 1850. After that prices fiuctuated ner-
vously until renewed damage reports, this
time affecting the French crop, were re-
ceiycd, which caused a recovery TO T4c.
The market closed at that price.
Corn was not much affected by the ag.ta-
ton over crop damage to wheat after the
first half hour of the session.. The openeing
was firm and shade higher at 24ssG2412c
for may and an improvement TO A3sc fol-
lowed. The market became weaker on in
creased offerings from receivers, presum-
ably on indications of larger receipts. May
finally getting down to 2i14c, and closing
steady at 243sc bid. Exports were 776,0 900
bushels.
Oats were firm at the start. chiefly
through sympathy with wheat and corn,
but under persistent short selling prices
declined. The closing firmness of wheat
caused some reaction from the low point
the market closing steady with very small
price changes for the day. May opened
&c higher al 17hGl72sc, declined to 1850
lie, and closed at TIC.
Privisions were fairly active at advanc-
ing prices, the highest point of the days
range being al the close. The Improvement
was started by another small run of hogs
and under good buying by packers and
covering by shorts, prices advanced stead
lily. At the close May pork was 2Z:5 cents
higher at sS.S212; May lard 21a cents TO
cents higher al s4.2715@4S0; and May ribs
10 Genes higher at S4.721s.
Estimated receipts Tuesday: Wheat,
2 cars; corn, 216; oats, go; hogs, 5000
head.
VISIBLE GRAIN SUPPLY.
New York, March 15.-The visible SUD-
ply OF grain Saturday, March 13. as COM
piled by the New York Produce Exchange
was as follows: Wheat, 41,4l9 bushels:
decrease $4,000 bushels: corn, 26. 795, coo
bushels; increase 41s.000 bushels; oats. 49,
52sOOo bushels; decrease, 1876, 90 bushels:
rye, $4,000 bushels; increase 1900 BUSH
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