The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-03-23

about to arrive at washington and to be
turned over by the president to congress
uonS as TO the character Of legislation de-
sired on the subject OF Cuban affairs, but
Whether a recognition of independence or
armed Intervention was still matter OF
the greatest uncertainty. washington adj
wees reported some Of the most conserv-
I've men III cOlisfeSs as saying JIlal Iney
believed war with Spain to be inevitable
and the market coupled this with the con-
unQeu dctlNe preparations OF our army
and our navy, argued that the situation
must indeed be very critical. There were
times curing the day when there was al
most no market for stocks, but the efforts
to sell were without noteworthy features.
AT times small pressure to sell would
have produced large declines. Foreign
houses said last night that they feared
our closing decline would bring lower
level from the other side but the amount
of stock in a position to be brought out
from the hands OF european investors is
certainly not very large after the recent
declines.
London: Wheat off coast, very little do
ing; on passage. nominally unchanged
Corn off coast, nothing doing; on passage.
quiet.
Paris: Wheat and -four steady
Chicago: Stocks of wheat al q leading
sit and afioat on the ocean are now over
So 100000 bushels, over 900 bushels
greater than at the same time last yrear
1t is certainly remarkable that foreign
markets remain so firm in view OF the
Receipts of hogs: Chicago, % 1000; Kan
sas City, 1000; Omaha, $500.
Northwestern receipts: This year, Min
neapolis 2O2 cars, Duluth 122 cars. total 324
cars; last year, Minneapolis 161 cars, Du-
luth 172 cars, total 1888 cars.
Receipts at Chicago: Wheat 1S7 cars
grade n cars; corn 1S3 cars, grade Sc cars;
oats 1874 cars, grade "a cars.
Chicago: There was a very large de-
mand for July calls last night and Letter
brokers, Alen-Grier. Slaughter, Ware. Lee
land, COunselman and Day Lester and
others took at least three millions The
same brokers bought puts. Scun was
buying May calls The big Letter trade
in privileges made it look as il some sort
of maneuVer was intended today
Chicago Times Herald: 1T looks as If
Letter would from this on have his wheat
moving out at the rate of at least 10000
bushels per day. Friday he loaded l53
cars a. Armour houses and he is now
loading at the Iowa, the Keith the Cen
trail, the Union and the City elevators. II
railroads furnish cars fast enough he
might get out two millions per week Lei
ter evidently proposes to rush things be-
cause he says that all his wheat Will be
cleaned out by April 10.
Chicago: It is claimed that there is a
concentrated long interest in May oats IN
this market. The firmness Of this cereal
and the relatively high prices as com
pared to corn lends probability 10 the
statement The fear of war is restricting
business in all pits. Conservative people
are waiting. There were further frosts
Tuesday and Friday, completing the dam
age to fruits. Even the trees were in
iured Wheat has been also suffering
from drouth and cold. This refers to
the whole state.
Second cable: Wheat I'd higher.
Exports four ports: Wheat and Hour
equal to 173 600 bushels.