The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-06-18
MORE THAN A GENT
Wheat Advances, on Foreign
Markets and Damage.
CORN AND OATS FOLLOW
Oats Especially Strong--PrO-
yisionS.ClOse Unchanged.
CORN AND OATS FOLLOW

Chicago, June 17-wheat advanced owe
a cent today. Strength of foreign mar
kets and renewed Russian damage re
ports were the factors. Corn and oat'
followed wheat. oats showing especia
strength Corn closed lac higher and
oats 1-2a5-Sc higher Provisions showed
no change at the close.
Opening prices in wheat showed the ef.
feet Of the closing advance of sid at Liv-
erpool. September starting at IS 1-2d5-Sc
compared with yesterdays close Of II SAC
and advancing Immediately to 7s s-4c
The advance at Liverpool following the
decline here, came as a surprise to the
traders and was taken to indicate that
the conservative English market was al
last responsibl7s Observation-Disclosures
last responding to the Russian crop dam
age news Domestic crop news, how
ever. was favorable at first. and shortly
after the opening realizing movement
set in which carried the price back 10
IS lac. Ideal weather for harvesting OPP
erations was reported from the southwest
while in the northwest the cool wave fol-
lowing the recent heavy rains quieted
fears for the growing CROP Minneapolis
and Duluth receipts were liberal, 597 cars.
against eSS last week and SO a year ago.
Chicago receipts were 1l3 cars, 10 of con-
tract quality. Primary western market
receipts were 732, 600 bushels. against only
$4,000 a year ago. Atlantic port clear
'ances were equal to 225,0O0 bushels Ex-
port trade at New York was only moder-
ate but 10000 bushels was reported work.
ed from here. Shortly before II o'clock
the market again took an upward turn
and from that time on was decidedly
strong. Private cables and New York ad-
!vices all confirmed the damage to Rus
sian crops, and also said that the drouth
was spreading to districts that heretofore
have not been affected. Shorts covered
literally. Outside buying was heavy on
unfavorable reports from harvesting OPP
erations in southern Illinois. st. Louis
bought freely during the last half hour.
Minneapolis and Duluth reported large
-four sales. September advanced steadily
10 79c and was bringing IS Use at the
close.
Corn was quiet but firm in the main and
closed at 14-c advance. Receipts at pri-
mary points were large, SO cars arriving
at Chicago. and weather conditions were
considered perfect. The market, however,
Eympath.zed with wheat. September
ranged from 81 3-4a7-Sc to IS 1-4c and
closed at 90 l-Sc.
Oats were strong on heavy buying for
both accounts. A large cash business was
reported. $4,000 bushels being worked for
export. Receipts were 20 cars. Septem-
Der ranged from q rs to % 1-2d5-Sc, and
closed 5-SG3-4c higher, at % 1-2d5-Sc.
Provisions were exceptionally quiet,
nothing but a narrow scalping business
being done. There was some early sym
pathy with lower hog prices, but the mar
ket recovered later with the grain adj
Vance and remained steady to the close.
AT the close September pork was I'M
changed. at $40; September lard un-
changed. at $5l5. and September ribs I'M
changed. at s4S2 b.
Estimated receipts Mondoy: Wheat, ITO
cars; corn, eco cars; oats, 300 cars, hogs,
bl.OOO head
GRAIN AND PRODUCE MARKETS
CHICAGO