The Butler weekly times. (Butler, Mo.) 1881-1918, 1897-08-19
STILL THE WHEAT POURS IN.
Half a Million Bushels Receiv-
ed in Kansas City
Yesterday.
HIS MEANS 763 CARS
Biggest Day hut TIVE on Kecnrd-And
for All The Immense Receipts,
the Price Keeps on
BOUmins.

the Price f.eeps on
BO0mi"g.
Kansas City Times, l7th.
Wheat and plenty Of it and the
best prices III years. This is what
is max ing the W. Stern farmer smile.
The banner was almost touched
again yesterday in Kansas City in
the matter of wheat receipts. The
number of cars brought to the Kan
sas City market yesterday from Kan.
sae, Nebraska and We stern Missouri
numbered 763. They carried half a
million bushels.
With two exceptions it WIS the
banner day. On Monday of last
week, August 8, the receipts reached
S3l cars, not only TIE biggest of the
season, but the biggest on record.
The banner days receipts of 1896
were 526. The railroad yards were
full to sitting and the market was
almost deluged. Aud yet the grain
was all taken care of by purchasers,
who asked for more. The scene was
the slme yesterday. Millers, grain
dealers, brokers and elevator propri
etols were busy all day, and will
work continuously to keep up with
the flood unless it overwhelms them
by its magnitude later in the week.
This has been banner year so far
in quantity and prices. Since the
season of wheat movement opened
there have been few days when the
receipts were less than 200 cars. If
the flow keeps up, grand exhibi-
bition receipt day of 1000 cars may
yet be reached this year. And in
the face OF all this prices are advanc-
ing. Dealers had an idea that such
an avalanche of wheat would have a
depressing effect upon prices, but it
did not. The grain was wanted
badly and sold readily at advancing
prices On Saturday No 2 hard
wheat sold at IS cents to so cents.
Yesterday it sold from sol to 80
cents and there were plenty OF takers
at that. The exporter was the con
spicuous parsonage 10 the local field
and the seaboard sent in higher bids
than on Saturday. Liverpool sent
cablegram to local house and bid
81 cents higher than the best price
obtainable on Saturday.
STRONG DEMAND FROM ABROAD.
In all probab lity 25O,O0O bushels
of wheat ha,e b4en committed fol-
export since Saturday evening, with
the elevator fraternity licking W
the remainder greedily and hungrily
and like Oliver Twist crying foi
, more. Very little wheat remained
unsold at the close of the marke
, Saturday, and what was carried Over
was due to the belief that price.
, would be higher Monday. And the.
,, were. The eldest traders in Kansa,
City confess that they never wit
, uessed such a continuous advanc'
, and are fearful that when breal
comes it will be heavy one Con
sequently they are conservative.
! But just the same their position
might seem to a man on a box car K
be ultra.careful, for the foreigner il
far from appeased and wsnts wheat
no matter what the price is. 1t cuts
very little figure what the price is
or whether Kansas City gets rs;
/ cars in ore day CT 1000. The re
ceipts yesterday were but 10000
bushels less the Monday of q weei
: ago. The receipts Saturday were
325 cars, or 213,000 bushels.
1 All domestic markets were fever
ish and abnormalIy excited. Sep
tember whea. in ST. Louis closed
Monday at an advance of q cents
or 92s cents. At Chicago Septem
; Der wheat closed Monday at Ssh, o.
: Il cents higher. At a round pric,
OF S5 cents the present crop, If esti
mated in round numbers at 450.
i OOe,0OO bushels for winter aut
spring-snd that, according to th'
. government reports, is large enough
!, lis worth to the farmers $685.. 500,
E 900. A year ago. with the crop a
E 427, 100000 bushels, worth So cents
t it had value of but S243, $4,000
I In the year the farmers income from
: wheat alone increased by this esti
i mate S147.650,000. A week ago th
e price was IS cents 1t has increase,
e 9 cents and enhanced the value o
!. fbo cron S40- 5f1fl. .000. Only tvic