The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-12-05
NREAT Turns FIRM
On a BuIIish Crop Report,
Closing Strong.
DECREASE IN THE VISIBLE
Coarse Grains Unchanged
Provisions Higher

Chicago, Dec Though wheat was
easy early, the market turned firm on a
bullish December crop report, a decrease
in the visible and moderate receipts, clos
| ing strong, May &c over Saturday at SO
@691sc. Corn and oats closed unchang-
ed. Provisions, sustained by a good de-
mand, light hog supply and a predicted
shortage in products, closed 21z to &c
/ higher
Although wheat at the opening was sc
for May, the feeling was not bullish.
Gables were lower and an increase in
the visible of about 10000 bushels was
| expected. The demand was anything
! but pressing and in dull sort of way,
! the market eased off, May TO 6S14 d68ssc.
! At this point it steadied and a statistical
! bullish tone arrived, advanced to strong
! close. The visible hit the prophets by
showing a decrease of 5000 bushels. Re-
ceipts only moderate were reported and
the Orange Judd Farmer came out
with the assertion that the wheat
growth is rank and sappy, very suscep-
tible to cold weather and that fly dam
! ages in the sown fields of Ohio and Mis-
siSsippi valleys were greater than ap-
} L
ry receipts were only COS, 400 bushels COM
pared with 1,720.S01 year ago. Mime
apolis and Duluth reported $40 cars,
against 1887 (for two days., last week,
and 1,647 year ago. Local receipts were
IS cars 30 graded contract. The advance
carried May Gs1sc and the close was sc
over Saturday at 69Q69ixc. During the
last hour the market was rather active.
C.earances were $4,000 bushels. New
York reported % loads taken for export
Worlds shipments were much under last
years, $4,000, compared with $4,000
Corn was easy and trade dull. Deem
Der lost 12c and the discount under May
widened to 212c. Cash corn fell off 140
1kc. With colder weather expected to
bring forth liberal offerings there was
little disposition to buy. The visible in
creased 10000 bushels and local stocks
$4,000 Receipts here were $40 cars and at
primary points SAC, 800 compared with 553,-
500 last year. December ranged from 391s
to 901sca30asc, closing unchanged from
Saturday at 32KQ32Ac.
Oats were firm, a good cash demand be-
ing the strengthening factor. 10000 BUSH
els were worked by one concern alone.
The local stock, 945OOO bushels, increased
1900. The visible expanded 25S,oO bush
els. May ranged from 23& to 237sd24c.
ceipts We're 259 cars.
Provisions opened strong and though
the market eased off some, the frmness
was maintained to the close. January
pork early was up Pie Hog receipts
were light and prices for them higher;
the outside demand improved and there
was considerable talk of a shortage IN
products on products on January deliv-
cry day, all of which was productive Of
backbone for the price. There was con-
siderable buying of lard and ribs and of
January pork. The advance was checked
by standing orders, but the loss on prft-
taking was less than the early gain. jan
uary pork ranged from S9.45 to S95715,
closed sc higher than Saturday at $3.50;
May ranged from 500 to 9.4Oa9. As, clos
ing PFC up at $9.43. May lard sold from
S5.371a6i5. 40 to $5.45. closing 21ac better,
at s. 40, and May ribs from S. .15G5. 171a to
s.. 90 closing sc higher at $50
Estimated receipts-Wheat rs cars;
corn, SIS; oats. 300 cars; hogs. 5000 head
VISIBLE GRAIN SUPPLY.
New York, Dec. 4.-The statement Of
the visible supply Of grain in store and
afloat on Saturday, December .. as COM
piled by the New York Produce Exchange
is as follows: Wheat, 55,57S,0o0 bushels:
decrease, 5000 bushels. Corn, u,72.CO0
bushels; increase. 10000 bushels. Oats,
6.15S.000 bushels; increase, 25S.OG0 Rye,
1699. 900; decrease, 1S5, coo; barley, $4,000;
increase, 354 900.