The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-08-28
WHEAT FINDS HELP
Quartette of Influences FaV-
orable to Price.
COARSE GRAINS HIGHER
Provisions Unchanged to Down
Holiday Today,
COARSE GRAINS HIGHER

Chicago. Aug. IA decrease in worlds
age. together with unexpected firmness
at Liverpool and a smaller decrease in
the visible than had been looked for
helped wheat today. September closing
&c higher. Corn closed sc up and oats
1s@azc better. Provisions closed I'M
changed to 1oc down
In wheat throughout the session there
WAS disposition to get on an even keel
to float over the holiday tomorrow.
Trade was at all times quiet, but there
was an undertone OF frmneSs pleasing
10 holders. Outside trade was lacking,
which left the support Of the market 10
local interests. A moderate amount OF
buying sufficed to do this. Liverpool
closed 1sc higher in the face of the de-
cline of Aa1c here Saturday; worlds
shipments were less than the previous
weeks by 1,132O0O bushels, and the
amount on ocean passage fell off 10000
bushels. Liverpool reported cargoes off
coast strong. The visible, which had
been expected to show an increase of
100000 bushels, increased only 10000
bushels. Northwestern reports Of the
harvest of spring wheat were still
freighted with the greatest dependency.
Southwest offerings were lighter, but in
the northwest receipts were heavy. Pri-
mary receipts were 1,7S0,G00 bushels, COM
pared with 7T9,0o0 bushels last year. Min
neapoHs and Duluth reported TT cars,
against 49l last week and 299 a year ago.
Local receipts were 35S cars, of con-
tract grade. New York reported .
loads taken for export. Seaboard clear
ances in wheat and -four were equal to
61s,000 bushels. September opened at
75A to 737sc, and gradually sold up 10
74c, closing firm. CSC over SatuI day, at
741sQ74ac.
Corn was quiet but firm on moderate
amount Of business: Liverpool was
higher, country offerings still light, al
though a bit larger today, and the ship
ping demand good, although bids were
a trifle out Of line. The visible decreased
1872 600 bushels. Shorts were the best
buyers, evidently rather frightened at
the nearness of delivery day on Septem-
per contracts September sold between
3s$4c and 1850, closing CSC UP, at 3912c.
Receipts were 20S cars.
Oats were dull. but the frmness Of
wheat and corn lent helping hand and
bite market held firm, despite the esti-
mate that this years crop in India
would be twice that of the previous year
Business was mostly in the way OF
changing September for October and the
difference at the close narrowed TO AZ
asc premium for the deferred future.
Receipts were $50 cars. September sold
between 219sc and 215sc and closed 1sG14o
up, at 2l5sc+
Provisions started easy because hog re-
ceipts were 1.s0O head more than Sat
urday's estimate, but steadled on buying
by packers. September pork sold be-
z nd oil ~
lower at S10.95 September lard between
Sc SIX and IS. 10, closing 5G71ac down at
Sc. 771kG6. roc, and September ribs be-
tween s6.S714 and SEQ; the close I'M
changed at 500. Trade was very quiet
throughout.
Estimated receipts tomorrow: Wheat,
500 cars; corn, 225; oats. $50; hogs 600
head
CThere will be no session tomorrow;
G. A. r. encampment hoHday,)
st. Petersburg, Aug. 27.-An official
contradiction has been issued of the ru-
NOR OF an irnpending prohibition of the
export of Russian cerealas.