The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-10-03
Day OF VAR PRICES
Grain and Provision Markets
All Advance
ON THE TRANSVAAL TALK
Big Foreign Demand for
American Cereals.
ON THE TRANSVAAL TALK

Chicago, Oct. 2.-The prospect of war
between Great Britain and the Trans
Yaal was the predominant factor in all
the grain and provision markets today.
and caused sharp advances in some in
stances. A big foreign demand for Amer
lean cereals was also a feature. Deem
Der wheat closed I 3-4c higher and May
1-2G5-Sc higher. Corn advanced 1-2as- &C.
oats 1-4q3-Sc and provisions 21-2a1Oc
higher.
Wheat started strong at an advance Of
S-Sgl-2c for December and lie for Nav.
which latter option was in considerable
demand throughout the session. War in
the TransvaaI was considered almost Ger.
tain by the British trasars. as was shown
oy sharp advance in the Liverpool mar
ket and this fact strongly Influenced local
traders. Besides this, primary receipts
showed big failing off. and the foreign
demand for wheat was excellent. The de-
mand was quite general at the opening.
outside investment buying being much in
evidence and December, opening az 70 7-8
Qi4c, soon advanced at "A lac. ThiAprice.
was well above call figures and selling
against these privileges and the usual re-
allzins by longs caused a temporary de-
cline, December reacting to 74c. This
however, was the only soft spot of the
entire session. Prices were soon back to
"A l-463-8c, and though the volume Of trad
ing fell off for a time, no further decline
resulted There was apparently a quiet
absorption Of all offerings by some i'm
portalt interests. Toward the close the
market again became very active and
broad and prices advanced materially. A
report that diplomatic relations between
England and the Transvaal had been bro
ken off and martial law proclaimed in
Pretoria put sudden stop to selling Of
any kind and prices were bid up quickly.
Considerable interest was taken in the
May option. There was a good outside de-
mand for this future and the difference
between May and December widened to &c
in consequence. Minneapolis and Duluth
receipts were 1854 cars, against 1891 last
week and 2,44S year ago. Chicago re-
ceipts were 1876 cars, Of contract grade
Total primary receipts were 1,57O 900 bush
els, against 2,236,0O0 bushels a year ago.
The local cash demand was large, with
sales Of at least $1,000 bushels reported for
export. Other big shipping points report
ed a similar condition. New York report
ed SO loads taken for export The visible
supply showed a heavy increase, $4,000
bushels, but this had little effect on the
market. st. Leuis was big buyer in
this market. December advanced to "A IS |
and closed at IA 3-407-Sc. May ranged
from &c 5-S to n S-4c and closed 11-2a3-4c |
higher at Il 3-4c.
Corn was fairly active and strong. Shorts
were heavy buyers of both December and |
May and both Of the futures scored ma
terial advances. The prospects of a war
in the Transvaal was a prominent factor |
in the advance The shipping demand |
was undated, the seaboard reporting 1872 |
loads taken for export. Receipts We're 9SS |
cars. December ranged from % 7-Sc to /
30 1-2c and closed 1-2G5-Sc higher at 80 9-S |
G1-2c. May closed 3-4c higher at 81 1-2c.
Oats in common with other grain mar
Of war made shorts uneasy and covering /
by that class of traders resulted in good /
advances. TIE small increase in the local |
stocks, 1872 600 bushels, and the continued /
heavy cash demand, were also factors. |
Receipts were 81 cars. December ranged /
from % 7-Sd23 to % 1-SG1-4c and closed
-4G3-Sc higher at % 1-SG1-4c.
Provisions were only moderately act
We. Prospects of war, small deliveries
and the strength of grain markets were
effected by provisions and fair advances
we're scored in all products. The market
vas strong near the close and final prices
we're about the best of the day. At the
lose January pork was Zoe higher at
g S.; January lard sc higher at S5.67 1-2
md January ribs sc higher at s5.15.
Estimated receipts Tuesday: Wheat 30
airs; corn $50; oats 20; hogs 24.Oo0 head.
VISIBLE GRAIN SUPPLY.
New York, Oct. 2.-The statement of the
-islble supply of grain in store and afoat.
N Saturday, September 20. as compiled
" the Ney York Produce Exchange. is
s follows: Wheat AZ. $4,000 bushels, in
rease 2.36 900; corn u. .000, increase
so 000 oats 4RS,O00. increase $4,000; rye
Zoo. decrease 51,O00; barley 1.441.oo in
rease 559,009.
a Squirt AT SAN FRANCISCO.
San Francisco, oct 2.-The local wheat
ii was the scene Of much activity to-
ay. December opened al S114 per GENITAL
nd advanced to SLl5 IA At the close from
he morning session. The afternoon ses-
ion closing price brought It up 70 s1-ls.
n advance of &c. May wheat 2: the frs
ession opened at $1.2O and closed strong
Z S1.20 81. The late session brought the
rice UP to 81 p IS. The war outlook in
cuth Africa and The advent OF a fleet OF
-srsh!ps in the harbor contributed 70 the /
Dom. :
GRAIN AND PRODUCE MARKET
Ct{fCAr-n a