The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-09-11
WHEAT CLOSE TO TIE TOP
Dollar-Three for December at New York
September q Dollar In Chicago.

september ~ DOllar In chicago.
New York, Sept 1O-Wheat pursued
an erratic course today, finally winding
up at 1-SG1-4 cent net decline. There
were two periods of decided strength
during which December touched s1.03,
or within IA cents Of the highest point
Of the year. The first occurred at the
opening. and was based on foreign buy
ing, with a firmer set of cables. On
subsequent sharp decline, local traders
accumulated a gOOd-siZed short interest,
which was later run in by a rumor that
the French duty was about 10 be re-
duced. Following this rise was another
decline, which left the market in a droop-
ing condition. influenced by realizing eff
forts and lack of usual export interest.
Corn started off fairly firm, but re-
sponded to better crop news with sharp
break. closing 3-S cent net lower.
The range on December wheat was
from 81 .O1 3-S TO 81 .o3. closing at s1.01 IS.
December corn sold from 80 3-S to 80
cents, and closed at 3S 1-2 cents.
CHICAGO GRAIN.
Chicago, Sept. 10.-September wheat
sold at a dollar for brief time this
morning. 1t closed yesterday at IS ID
cents but offerings were So scarce to-
day that not until shorts had bid the
price up TO even figures did holders con-
descend to let go. December in the
meantime advanced 10 IS SIS cents. The
advance. which was attended with but
little excitement, was caused by
strength OF the foreign markets and the
continued heavy export engagements. The
market was strong 10 the close.
Chicago. Sept. 10.-Wheat opened firm
at about II cent advance. First trades
in December ranged from 80 Is to IS II
cents but offerings were so scarce that
9S 5-S cents was soon bid. Liverpool
opened 3-S pence higher AMI later cables
received before the opening here show
ed still further advance. New York
was WY strong and advices from there
said cable acceptances over night must
have been first-class, judging from the
character Of buying. Local receipts. 269
cars. were less than expected and there
were only twelve cars OF contract in the
lot Scarcity of offerings around the
opening was not confined 10 December
alone, September being bid up to dol
lar in efforts 70 cover. Holders let go
more literally after the fret haif-hour,
ana December eased off 10 81 IS cents.
It recovered TO ISIS cents but again de-
clined TO 81 10 cents and closed at as
cents. Northwest receipts were i95
cars against ASS last week and 1,143
year ago.
Corn was firm at the opening with
wheat and some bullish state crop re-
ports, Iowa putting the crop condition
at 60. while Nebraska conceded the loss
% -. O00. 600 TO 1o0, 900. 600 late corn. but
said the early Will amount 20 500. coo. 900
bushels Rains in Nebraska and ab-
sence Of frost in the corn belt caused an
easier feeling and selling became gen.
erai. Local receipts were ISIS cars.
December opened Is cent higher al
So 1-aGSS SIS cents and closed at SO is
cents.
Little was done in oats during the
morning. The market reflected the feel
.ag in corn. but fuctustion were very
narrow or account % the snlallness OF
trading. Receipts were 429 cars. De-
cember opened 4 shade higher al y IA
cents and closed az u IL cents.
Provision people Were disturbed by
the new yellow fever outbreak a. New
Orleans ana this caused an easier tone.
The hog market was strong. which help
ed al the immediate opening. December
pork opened unchanged 10 cents high
or st ss.7o1s.75 and closed ct ss.i7 l-2.
December lard opened 21-2 cents lower
a: 81 " l-2 and closed az s475. Deem
be- rios opened 2l-2 cents higher az
81. - and closed a. s4S0