The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-04-26
GABLES AND EXPORTS
Strong Factors for Good in
the Grain Business.
WHEAT Is 3-4a1 CENT UP
Coarse Grains and Provisions
Share the Advance.

Chicago, April 25.-The grain and pro-
visions markets were strong today, the
former helped principally by higher ca
! bles and a good export demand. Wheat
closed a&G1c higher. corn 1886 to 112c bet
ter and oats re improved. The market
tx to 15c higher.
| Wheat began the day fairly active and
firm. Liverpool was strong, receipts were
moderate and there was a good demand
from foreigners. Moreover, the pressure
from longs seemed to be past. Offerings
were light and there was fair amount
Of buying by commission houses. This
caused a gradual advance which was
! helped along forcefuly by the great corn
strength and the close was very close TO
| the top. Shorts covered freely through
out most Of the session. a feature of
! the trade was the ease with which the
market responded to bull influences, and
| the absence of bearish pressure despite
! the perfect climatic conditions, even
| Michigan, Indiana and Ohio reporting
prospects somewhat improved. The cash
business here was slack, although some
J OlLcI uIdIkelS TSpOlltO d lar SpOl lIduC.
Local shipments were 10000 bushels.
New York reported 80 loads taken for
| export. Atlantic port clearances in wheat
and flour were equal TO $4,000 bushels.
| Primary receipts were $4,000 bushels,
compared with 433. 600 bushels year ago.
Minneapolis and Duluth reported go cars,
! against 1S7 last week and 292 the CORE
| spending day last year Receipts here
were AZ cars. none of contract grade.
There was the usual amount of chang
| ing" done during the day, especially to-
wards the end. May opened AG3sc over
yesterday, a. 6514Q655sc, SOL. between 6512
and 66Ac, closing Ac improved, at 66c;
July opened 2sG12c up, at 671sG671zc,
ranged from 671sq6T7sc, and closed lie
| higher, at 67$4c.
Corn was strong and active throughout
| the day, but the trade was not large
| offerings were too small for that. Many
! held that it was the leading deal on the
! board, but the greater of the time honors
| seemed to be easy between the big cereal
and wheat. The market apparently was
partly the result of recent heavy buying
by bulls. as there was little left to alb
| sorb. For such as was offered there
was scramble between longs and shorts
with the latter the more urgent in their
demands There was a brisk demand for
export and the days cash business was
| Appropriated at 100000 bushels. New
York had 65 loads for export and the
domestic demand was excellent. Con-
| siderable May was traded for July, prin-
cipally by elevator people. Influences
were strong cables, Liverpool being
strong for both spot and futures, light
country offerings and small receipts, and
| the rains which We're reported to have
delayed seeding and interrupted the
| movement in various sections. Local re-
ceipts were 265 cars. May closed 11ac i'm
; proved at S9$lc; July 1850 improved, at
| 407sc.
Oats were firm, helped by corn and
wheat. Shippers reported the demand
| improved, 175,000 bushels worked here.
Local receipts were rs cars May closed
! 1kc over yesterday at 23asc; July 12c up, at
2S5s@23s4c.
factor in the firmness which was dis
played in the provisions market. There
was not a large trade and notwithstand-
| ing prices We're higher. the feeling was
rather bearish Hogs We're strong early,
az were povisions, but weakened and
were temporarily followed by product.
| The depression was overcome by the corn
strength, shorts covering. July pork
closed 1715c over yesterday at S12.8714d
/ u 80; July lard 15c improved, at S7.25,
and July ribs nc up, al S.07lzg7.1o
Estimated receipts tomorrow: Wheat.
40 cars; corn, 100; oats, 100; hogs, $500
I head.
! GRAIN AND PRODUCE Markets.