The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-10-08
Dull N IHE. EXTREME
This Describes the Grain and
Provision Markets.
BUT PRICES MAINTAINED
Northwest Wheat Receipts
Light, and Shorts Cover.

Chicago, Oct. 7.-Monday's holiday on
change and the uncertainty of affairs IL
the Transvaal made grain and provision
markets dull in the extreme today. Even
ing-up transactions comprised most of the
trading, and fluctuations were small
Wheat Chased Is TO Csc higher, corn lac
higher, oats a shade lower TO shade
higher. and provisions 1-2c higher.
Some uncertainty was shown by wheat
at the opening. There was nothing in
the news to justify a strong movement
in either direction and the heaviness Of
Fridays close was, in consequence, felt
little, though opening prices were I'M
changed A little later more disposition
to buy developed, and the market gradu-
ally took on an appearance of irmness,
prices advancing slightly and maintaining
the small advantage to the close of the
short session. At the start there was a
little selling by the seaboard. AS this in
dictated lack Of export demand, it in
duced some liquidation by local operators
but shorts covered Immediately at the
slight decline that resulted. The covering
by shorts was one of the few important
features of the session. Though never
heavy this buying was sufficient to main
tain prices. Another sustaining feature
was the lightness Of northwest receipts,
Minneaolis reorting $50 cars, compared
with SIG last week and LIP a year ago.
Chicago receipts were also light. 1855 cars,
8 of contract grade Total primary re-
ceipts were 95S,00O bushels, against 1,4S4,-
900 bushels last year. Clearances did not
give any indication of a falling off in
the export demand The total was 49,
900 bushels. The market was also helped
little by the firmness of corn. Bust
ness dropped off greatly as the session
progressed and near the close the mar
ket was almost at standstill but prices
were well maintained. Worlds shipments
were expected to reach 100000 and the
visible was expected to show heavy in
crease. Winter wheat points reported a
good cash demand with light country Of
ferings. December opened a shade high
er at 2 5-Sc. 1t soon sold at 70 3-S01-2
after the opening, then advanced to
Y 7-sc and was bringing 70 SAC at the
close. May ranged from rs 3S61-2 to
70 &c, and closed 1-4Q9-Sc higher at 10 "a
@7-Sc.
Corn was rather dull but firm. Offer
ings were light and themand good. with
more outside rade. The falling off in re-
ceipts was a bull factor, Mondays esti-
mate Of only $40 cars attracting consider
ale attention. The trade is gradually
getting over into May. Receipts were sos
cars. Scalpers were made the buyers.
December ranged from 30 1-Sd1-4c to
80 1-2c and closed lac higher at 90 9-S
61-2c.
Oats were dull and about steady There
was some buying of May early, which
advanced the price slightly. Receipts
were 800 cars, and the shipping demand
good Most of the trade was in the way
of evening-up transactions. December
ranged from o S-4c to % 7-SG23c, and clos
ed a shade lower at p S-4G7-Sc. May
ranged from "a Lac to "a 1-2c and closed
at "a 1-4G3-Sc.
Trading in provisions was almost with
out incident There was a little buying
of January product by exporters. The
general tone was steady, and prices ruled
a little higher. AT the close January
pork was 2 1-3c higher, al 1915; January
lard a shade higher, at $5.57 1-2 and Jan
uary ribs a shade higher, at $40.
Estimated receipts Mondoy:Wheat, 40
cars, corn, $40 cars: oats, 800 cars; hogs,
35, 900 head.