The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-09-05
WHEAT DRAGGED DOWN
By Bearish Statistics and
Corn's Weakness.
OCTOBER lal 1-8 LOWER
Coarse Grains Depressed
Provisions improved.

| Chicago, Sept. "A bearish aspect to
the statistics, and the corn weakness.
dragged wheat down today, October clos
| ing with Joss Of 1G1c from Saturday.
Corn closed Aq7sc down and oats 1sc de-
pressed. Provisions at the close were
| 21zq5c improved.
| There were spurts OF activity in wheat,
| but taken as a whole the session was
| dull. generally exhibiting tone of weak
ness. October opened 4sc down at 1855,
and on bit Of local buying at the start
advanced to 751sc. Liverpool was easy
and the worlds shipments larger, 6176.-
600 busfNs. Receipts looked enormous,
although y was generally believed that
many of the reports were duplicates,
or even duplicates jumbled Up during
the holidays. The outside was doing but
little and as local people were selling
October during the forenoon, it dropped
TO 74sc. The fact that the visible in
creased only 80 900 bushels, despite the
heavy receipts Of the past two weeks,
caused q rally 20 I+Ac, but the corn
weakness became an influence and the
market slumped again, this time TO Use.
The close was weak, October 1Ql1sc
lower. at 74sg144c. Primary receipts for
two days were reported at 2.643,000 BUSH
year Minneapolis and Duluth reported
1,143 cars, against IA last week and 2,2O)
year ago. Local receipts were S4S cars,
43 Of contract grade. SeabOard clear
ances in wheat and -four for two days
vera equal 10 $50 900 bushels. Cash sales
here were $4,000 bushels.
The corn market suffered from liquida-
ton by local longs. Country offer ngs
were still light and the visible decreased
2,1l7,000 bushels, and cables were steady.
Trade was quiet ard conducted by local
professionals mostly. October opened at
SO to SsAc, broke to $S1sc, and closed
weak, 24--%c down, at SSl4c. Receipts
were ~ cars.
Oats were dull and easy in sympathy
with corn. The opening was firm on a
fair demand, but this was soon satisfied
and the tone became easier. Receipts
for two days were 1,095 bushels. October
sold between 314a and 21Ac, closing 4sc
lower, at 2l14c.
Provisions were firm, but trade was
restricted largely to a cash basis. The
market for futures opened higher be-
cause of light hog receipts, higher prices
at the yards and a good cash demand.
Fluctuations were narrow, but the close
found some of the early bulge held Oc-
tober pork sold between $11.171a and
s11.05 and closed 21sc higher, at 81 .97l5;
October lard between 81. s. and $3.50, .os-
ing 212q5c better at s.. so95. S21e, and Oc-
tOber ribs between s7.121Zd7.1 10 and $40,
with the close 214q5c improved, at s.. 100
7.1217.
Estimated receipts tomorrow: Wheat,
AS cars; corn, 800; oats, $40; hogs, $500
head
VISIBLE GRAIN SUPPLY.
New York, Sept. 4.-Following Is a
statement OF the visible supply of grain
in store and af1oat on Saturday, Sep
TENDER /, as compiled by the New York
Produce Exchange: Wheat, 5000, 600 in
crease $4,000 bushels; corn $4,000, de-
crease 2,1l7,0n0; oats 1888, 900, increase l.
$4,000; rye 10000, increase 5000; barley
81, 600, increase 33.00O bushels.
GRAIN AND PRODUCE 1IARKErs.