The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-18
REE-EGHIRS down
Wheat Closes on Reports of
a Wheat Avalanche.
COARSE GRAINS HIGHER
Provisions Steady With Corn,
Closing Higher.

Chicago, Nov. T-wheat opened weak
with the break in Liverpool; steadied on
small receipts. closing CSC lower after q
decline precipitaued by a report that Looe,-
600 bushels Of Duluth wheat was headed
this way. Corn closed at an advance Of
1-SQ3-sc, helped by small country offer
ings. Oats closed I-SG1-4c over yesterday.
Provisions closed SC higher.
Wheat opened 5-sG3-+c under yesterday.
December at S. 3-4Q7-Sc and May ar 70 IS
07Ic. II became evident that the market
had been oversoId 70 some extent, = con-
dition the discovery OF which added 10
the desire TO cover shortages. The early
gain was all lost late in the session when
it was reported that within the next ten
days boats carrying 10000 bushels Of
wheat would clear from Duluth fer this
port Both options declined sharply TO-
ward the end, December closing 3-SG1-2c
lower at s791-sc and May S-Sc under at
Il 7-Sc- The trade was moderately active,
e fact attributed by some 70 the crusade
some large board OF trade firms. New
York reported 80 loads taken for export.
Bradstreet's gave the exports Of wheat
and -four from American ports at 4, SO 90
bushels. For the day, seaboard cIsra-
ances were equal IN wheat and -four 20
266,o00 bushels. Primary receipts were
81 ,s9S. compared with 1.4as s31 year ago.
500 last week and 1,525 the corresponding
day last year. SIxty-fve cars, thirty
three OF contract grade, were received
here.
Corn was relatively strong all day. The
opening showed little weakness in SYM
patty with wheat, December opening
shade lower at 81 3-sd1-2c and May 1-s9
lac lower at 90 1-2Q5-Sc. Country offer
ings, the Hghtness Of which has for
some time been a strengthening feature,
were again small and the market steadily
improved, though trading did not become
animated, the range OF prices being with
in 5-sc. December advanced TO &c, and
May 70 33c. Near the close the weakness
Of wheat led 70 some proft-taking and
the market eased Of. December closed
1-4G3-sc higher az 81 3-4G7-Sc, and May
1-sc over yesterday at 90 80. Shippers
were the chief buyers Of December. The
cIearanees were $4,000. Receipts were 253
cars
Oats were firm On some good shipping
demand. The opening was unchanged
from yesterday to a shade lower. Deem
Der at q 9-4c and May at % 7-s924c. Buy
ing was general but the market was with
out leadership. Country offerings were
light Isl cars here. CIearances were
only $3.50 buseIs. December ranged from
2 3-+c TO &c and closed 1-Sc higher at
p 80. May sold from % 7-sdZ4c TO p 1-4c,
closing 1-Sq1-4c over yesterday at AIS
G241-4c
Provisions held steady on a moderate
supply of hogs and in sympathy with the
strength Of corn. The opening was at a
loss of 1-2d5c. but this was recovered
On buying by shorts to cover. There was
considerable liquidation Of December pro-
ducts and a slight widening OF the Janu-
ary-Decemoer difference, S.47 IL between
January pork and December pork The
market was not active The close was
with gain OF sc on all January products.
January pork closin g al g. A. 10: Jenury
lard at s5.o7 IL and January ribs at SOS
Estimated receipts tomorrow: Wheat,
81 cars; corn 30 cars; oats, $50 cars; hogs
1900 head.