The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-12-22
NHEAT WIS AGTIVE
May Advances Under Influence
of Firm Cables.
CORN HEAVY AND DULL
Provision Market Influenced
by Decline in Hogs.

Chicago. Dec. Z.-Wheat was fairly
active today May, under the sustained
influence Of firm cables. light Argentine
shipments, moderate receipts and the
heavy -four demand. closed 1sc higher.
Corn closed from 15a14e lower in May to
&c down in December Oats closed IN
changed and provisions 21z TO cents de-
pressed
WHEAT
While wheat prices were maintained
the greater part OF the session. the I'M
dertone was trife easy. With Liver
pool firm, Argentine shipments smaller
than the week previous and considerable
under a year ago, with moderate North
west receipts and an unusually heavy eX-
port -four demand reported from Mime
apolis, May opened only sc higher, at
7S0731sc and then quickly slumped to
TIC. Here shorts began to take cog
nizance Of the situation as shown by the
early news and a reaction began. This
was helped along later by reports Of an
export demand and by St Louis pur-
chasing under which May rallied to
1850. The bulge met the usual profit
taking, but the close was steady, May
&c higher at 72d731Ec. New York re-
ported 49 loads taken for export. Sea-
board clearances in wheat and -four
were equal to 151 900 bushels. Primary
receipts aggregated $4,000 bushels, com
pared with $4,000 bushels last year. Min
neapohs and Duluth reported 345 cars,
against 461 last week and 40 a year ago.
Local receipts were 1e5 cars, 30 Of con-
tract grade. Argentine shipments last
week were $4,000 bushels. compared with
Ill 600 bushels the week previous and
= b11c ais
was Of the usual dullness Characteristic
Of this season, but there was more ac-
tivity later.
CORN AND OATS.
Corn was heavy and dull, both for near
and distant futures, but the decline was
much the heaviest for the current
months delivery although the receipts,
$40 cars, again contained none grading
contract -1ecember was for sale at the
start and there seemed to be no demand
for It. The opening was at 4014 to $3.50
and in a few minutes the price touched
CSC. When shorts attempted to get it,
however, a rally to 99ilc followed. The
close found this delivery weak, 1aac IN
der yesterday, at $3.50. There vas a
good shipping demand. but business as
usual was curtaied by a lack of cars
January sold between $685. and 367kc and
closed &c down, at 361zc. May sold be-
tween $3.50 and 35sc, closing sake
lower at 357kd36c.
The oats market repeated this perfor1S-
ance of doing as near to nothing as pos
sible without losing space on the floor.
May sold between 235s0234c and 235sc
and closed unchanged at 2}5sc. Receipts
were 222 cars.
PROVISIONS.
Provisions were quiet. This market
opened fairly steady. but eased later in
sympathy with a decline in hogs and
the slump In corn. January pork sold
between $12.2 o and so 20 and closed &c
down at S12.2O; January lard between
Sc. S5d6. S715 and s6.821z. closing Sc lower,
at S6.S2la. and January ribs between
SC. so and Sc. 27lA. with the close 21a to &c
down, at 81. 27lA.
Estimated receipts tomorrow: Wheat,
1870 cars; corn, 575 cars; OTIS, $50 cars;
hogs, 1900 head.
GRAIN AND PRODUCE Markets