The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-01-06

Chicago, III. Jan. 5.-Wheat opened steady
this morning az yesterdays closing figures.
The opening cables were somewhat lower,
but the decline was not SO much as had
been expected, and were for that reason
regarded as strong. Receipts at Chicago
were 81 cars, against leo on the similar day
of the year before. Minneapolis and Du-
luth received 1is carloads. compared with
3i4 week ago and Az on the correspond
ing day of the year before. The great fall
ing off in northwestern receipts was as
cribed to the blizzard which has been rag
ing in that region for two days. Tnoman's
report claimed that the stocks Of wheat
in farmers hands and in the visible are now
c., $4,000 bushels less than at this time last
year and that, should we export for the
next six months only the same as we did
the same SIX months last year, We VII than
have only sc, GOo, eco bushels left in both the
visible and the invisible supply. But it
was hard 10 get up any interest in the
trade and there was lack OF confidence and
a disposition to get rid OF long stun, es-
pecially after the weak closing European
quotations were posted. The price got as
low as s22c before K was allowed 10 re-
cover itself from the constant pounding ii
had been subjected to all morning. At Z
o'clock, when BradstreetS world 5 visible
supply statement was due, the price had
recovered to ss1.c. The publication in the
visible In question did not help L, the de-
crease IN the stocks being Only $4,000 bush
els. New York reported between thirty
five and forty boatloads of wheat sold there
for export today and late yesterday. which
as hn
close the price of May had recovered to
S3l. TS3sc.
Corn was not quite SO much Influenced
by the weakness OF wheat today as it was
yesterday. Local receipts were only 1S9
cars, and seaboard clearances We're heavy.
amounting to sos bushels. both of which
facts tended to sustain prices. Trade was
very small and fluctuations nearly all mar
row, May opened unchanged at 253sc, sold
between 25S9Ac and 25$sQ12c, closing at
the opening price.
Trading IN oats was tr.fe more active
than IN corn, but almost entirely depend
ent on wheat for the feeling displayed.
Sales were made IN exchange from January
10 May at 3Ac difference. Bradstreets
showed decrease of 2O2, COO bushels in the
visible, but it had no effect on the market.
May opened 1sc lower at 1850, declined to
1880 and closed at 1890.
Provisions were dull until near the end of
the session when a little life was infused
into the trade by some buying packers. The
trade was so small that it took very little
buying to advance prices the notch or two
they wound up with. At the close May
Pork was &c higher at s7.S5, May Lard I'M
changed at s3.T11, and May Ribs 212c higher
at $500.
Estimated receipts Wednesday: Wheat II
cars, corn 158 cars, oats 10 cars, hogs 81, 900
head
BRADSTREETS VISIBLE.
New York. Jan. Especial cable and tele-
graphic dispatches TO Bradstreet's cover
ing the principal points OF accumulation,
indicate the following changes in available
supplies of grain last Saturday, as compar-
ed with the precedinga Sturday:
Wheat-United States and Canada, east |
Of the Rockies, increase 81. $50 bushels: |
af1oat for and in Europe, decrease 1896. 600 !
965, coo bushels.
Corn-United States and Canada east of |
the Rockies. decrease aO2, 600 bushels.
Stocks of wheat on the aPcific coast de- |
creased during the month of December p
}59, coo bushels.
The more important increases in stocks of |
available wheat last week. not reported in /
The official supply, were 3o5,000 bushels al |
northwestern interior evelators, 81 600 BUSH |
as at Minneapolis prive elevators 1900 |
bushels at Winnipeg and Fort William. ST.
60 bushels at outside Manitoba points. 49, |
90 bushels at Milwaukee private elevators, |
Ind $500 bushels al Louisville.