The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-07-27
.E|GHIH GETI BETTER
Cash-SaIe Talk Gives Septem-
Der a Boost.
COARSE GRAINS LOWER
Provisions From HaIf-arNickel
to a Nickel Down.

Chicago, July S-Wheat sagged for a
time but recovered on talk Of cash sales,
September closing &c over yesterday.
Corn closed shade and oats sc lower.
Provisions at the close were 21a to &C de-
pressed.
At the beginning Of trade IN the wheat
pit, the market derived firmness under
the influence of a sd advance at Liver
pool and yesterdays indications of for
eign willingness to buy the great Ameri-
can cereal at prevailing prices. Septem-
Der opened 4q12c to hq7sc over yester-
day al 75$49TSc. Then considerations OF
talent Liverpool showed inability to
hold its early advance; the southwest
sold in anticipation of heavy receipts
and the Price Current declared that, de-
spite the Pacific coast shrlnkage, the
yield Of wheat in this country would ag-
gregate $50, 090,01 bushels. This estimate
was regarded with a smile by some, but
It was influential with others. The oRt-
side speculation was lax and timber,
with occasional spasms Ct recovery,
gradually sagged to 74%c At the bot
tom there was covering by shorts on re-
newed talk of cash sales and on the re-
ceipts which were less than last years
at the primary points. September rallied
in active order to 75a4c, and closed firm.
1sc over yesterday at 75%G75%c. Cash
sales here were put at 100000 bushels.
Clearances at the seaboard in wheat and
flour were equal TO $4,000 bushels Pri-
mary receipts aggregated 697, 900 bushels,
compared with $1,000 bushels last year.
Minneapolis and Duluth reported 253 cars
against 234 last week and 20 year age.
Local receipts numbered 125 cars, 81 Of
which graded contract. Claims were
made of heavy business having been
done at Duluth and New York for ex-
port, but as far as Duluth was concern
ed confirmation was not forthcoming.
New York reported heavy acceptances
by late cables, and placed the amount
taken for export at $4,000 bushels.
Corn was affected at times by the early
heaviness in wheat and the prospects Of
a big crop, at others by the excellent
shipping demand. Fluctuations IN The
active trading month were confined to
&c and the bulk of the trading was
midway between the extremes. The re-
covery of wheat during the last hour
had beneficial effect on corn, but the
recovery was not complete. Shipments
from Chicago during the last twenty
four hours amounted to I,I50.G00 bushels,
making the shipments for the past four
days exceed the receipts of 2,l00,090 bush
els. Receipts were 3q2 cars. September
sod between 37B ard 37ko closing a
shade lower at 37fs Q$794c. Country
offerings were again small.
Oats were easy, lacking even the re-
operative energy displayed by wheat,
from which it might have deprived some
benefit had it followed its usual tactics
Trade was slow. S ptember sold betWe n
23@221kc, closing CSC down at 225sc Re-
ceipts were AS cars.
Provisions suffered from the heavy
run of hogs in the west-70,000 compared
with 5000 the like day a year ago.
Speculation was fat an dthe cash de-
mand somewhat fallen off from what il
has been recently. September pork sold
between s1L6715 and 81 81 and closed
$171ac under yesterday at 81. so; Septem-
Der lard between s6.7oG6 7215 and s6.671k,
closing PIC down at $5.721h. and Septem-
Der ribs between $6.S71b and Sc S215. with
the close nc reduced from yesterday
at S6.S21a
Estimated receipts tomorrow: What,
POS cars; corn, 800; oats, 147; hogs, 3d. 900
head.
GRAIN AND PRODUCE MARKETS.