Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1899-01-05

Receipts the past "a hours...--....- 80. $50 bushels
Receipts same time last yesr.-...-.... -, $50 bushels
Shipments the past - hours.....-..-. So, 100 bushels
Shipments same time last year....-.-. 81. $50 bushels
Receipts week ending Wednesday. .3sl, 800 bushels
Receipts same week last year.-........3 i9, 80 bushels
Shipments week ending Wednesday. :. .3S2. 400 bushels
Shipments same week last year...--...2 36, $40 bushels
The new years holidays interferred much with the
market the past week The early days the feeling
was decidedly bullish under a good speculative de-
mand from shorts and firm cables. But this
strength proved to be momentary. Friday saw May
wheat in Chicago sell up 19sc and close at this
sympathy. But Saturdays and Mondays holidays
cooled the bulls off and Tuesday brought a decided
reaction. 1t being announced that Argentine would
have an eNportable surplus of $4,000. 900 bushels and
the harvest now in that country at hand and the
Russian ports accumulating stocks caused less anxiety
on the part OF foreign buyers and a less urgent de-
mand from them. The English visible also showed
a slight increase. making $50. 900 bushels in two
weeks. hence realizing on the part Of longs and
May deliveries in Chicago declined lc per bushel. The
receipts here last week were as good as the week
previous and better than the same week last year
Rnd the same may be said OF Chicago. while the fall
ing OF in the Northwest was light. At the five
principal wheat centers in the West the receipts
were only SO cars less than the week previous and
as cars short Of the receipts for the same week last
year. and with the foreign Fituation more favorable
on The advance OF the early days Of the week and
lower prices resulted as the profit taking proceeded.
a few early Gales were at steady prices. but IT was
not long before z general decline was established
here O: &c and some late sales showed even a greater
loss. and the close was at the low point OF the day.
The visible supply statement showed q decrease in
The Uuitec States and Canada last week Of l $50 600
bushels. but this had no influence upon the market
in the face Of general profit taking by longs and
q sharp slump In futures in Chicago. "Wednesday a
cold wave and the snow being off the young wheat
Influenced good speculative buying and an advance
81 = 10 May deliveries in Chicago and the cash mar
ket here was stronger in sympathy, though buyers
refused To Follow the speculative lead its fun length
Most sales however. were made at &c advance and
s1mc statesmen thought they got even a little more.
Foreien cables came in sharply lower. but this had
no influence In the face OF general and strong specu-
lstlye buviHE and the windy and colder weather. Nv
sample on track here at Kansas City:
No. . hard : cars 60 pounds at Csc, ] car eoI
pounds secured at s5c, / car 50 pounds at 65ILc. :
cars Ah pounds ~ s5l.c, ] car 6OiL pounds at 65Iso 4
car ga. pounds at ssihc. ! car 6eI@ pounds at CSC
No . fa-d. > cars nc p1ur-s at &c. ] car 81 pound,
secured az 6sc. l car Sc pounds at 6eIEc. i car 57A
pounds secured at. eeisc, 1 car Sc pounds At CSC. j
chr % pounds AZ CSC, ! car 56is pounds AT ssiLc :
cars q pounds 1T CSC. 5 cars IS pounds at s,izc' !
car 81 POUNDS AT CSC. j car 5sk pounds mixed m,
G2isC. l car 5S1E pounds mixed at Csc,
No ! hard. J car 81 pounds at soc, I car s. pound.
a. Ssr, . cars 52 pounds q. 59kc, i car So pounds a,
CO car - pounds at Gle. 2 cars 5ii5 pounds a,
sl'sc. > cars IS pounds at &c. j car Sc pounds M
6Sc ; car sr1ured 5Gls pounds at Sic.
Rejected hard, l car 50 pounds at 5s1kc, ! ear drs
burnt n Soc.
pounds az lie.
No. : red. n1mina'ly s;deSc.
pounds at vic.