The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-12-07
Everything Is DOWN
Wheat a H aIf-Cent on Visible
Increase.
COARSE GRAINS DECLINE
With Wheat, and Provisions
With the Lot.

Chicago. Dec. s-Wheat was firm early
/ today. but weakened on predicted in
/ crease in visible. closing nc under yester-
I day. Corn declined with wheat, and on
freer country offerings closing Ag&sc
down. Oats closed &c lower. Provisions
weakened with corn and on prOft-taking
| closing PIC lower all around
/ The decrease in the visible was still a
bull comfort at the opening Of the wheat
market, and further cheer came in re-
ports Of small receipts. May, accord
ingly, tackled &c onto yesterdays closing
price, opening at 6sz4 G6s3sc. The CONT
nent inquired for the cereal and another
brace was taken, May advancing TO 7Gg
701sc. That mark proved TO be the ell
max OF its glory. The market eased on
a bit on proft-taking and later turned
weak when Bradstreet's report put the
predicted decrease in the visible among
the errors of history, averriEg that in
stead there would be an increase of l.
80 600 bushels. Recent purchasers let go
in hurry and May closed at the bot
tom, 1zc under yesterday, at 691sQ6sl4c.
Corn was steady early, but weakened
later, country acceptances OF last nights
bids being somewhat freer. This, taken
with the weakness of wheat was suffi-
Gent to cause some liquidation and the
price lost more than double its early gain.
May closed at 32zso
Oats were steady at the opening, but
eased of with wheat. Theree was little
life 10 the trade. May sold down TO 237so,
at which the market closed, 1sQAc under
yesterday.
Provisions early were strong, but the
weakness OF grain and the active profit
taking turned the tide and the close was
easy at prices under yesterdays close.
The initial strength was due principally
TO hog receipts considerably under last
years, but this advantage was offset
later by a less pressing demand from out
side and the anxiety to realize on the late
advance. Packers sold products, traders
buying on the decline. May pork closed
212c under yesterday, at 50. SPY; May lard
212c under at s5.4713; and May ribs 2lzc
down. at s. ~.
Estimated receipts tomorrow: Wheat,
43 cars; corn, 30; oats, 1870; hogs, $1,000
head.
BRADSTREETS VISIBLE.
New York, Dec. especial Geographic
and cable communications TO Bradstreet's
show the following changes in available
supplies from the last account:
Wheat-United States and Canada east
of the Rockies. increase 1870 900 bush
els; liverpool Corn Trade News, afoat
for and IN Europe, increase 10000; total
supply increase. 10000 bushels.
Corn-United States and Canada east
OF the Rockies, increase $3.50 bushels.
Among the more important increases
reported to Bradstreet's, not given in the
official visible supply statement are those
of 1900 bushels at northwestern interior
elevators, 10000 bushels at Manitoba
storage points, $4,000 bushels at Coteau.
Quebec, 1850 bushels at Rochester and
$1,000 bushels at Minneapolis private ele-
vators. The principal decreases are those
Of 15S,0oo bushels al Louisville. 70 GO bush
els at Milwaukee private elevators and
70 600 bushels at Dallas. The aggregate
stock Of wheat in and atloat for Europe,
the United States and Canada, Australia
and the leading parts Of Argentine on or
about December l. was 172.125 900 bushels.
as compared with 1s3.7S400O bushels one
month previously, and comparing with
11,1S3000 bushels at this date a year ago.