The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-08-17
WHEAT MARKET DILL
Trade Furnished a Good An
titheSis for Excitement.
CORN WAS VERY NERVOUS
Bull Traders Made Attempt to
Hold Market in Vain.
CORN WAS VERY NERVOUS

Chicago, Aug 1s.-Wheat was dull and
heavy today under liquidation, September
closing 1c under yesterday. Corn was
nervous and closed CSC higher. Oats
closed a shade lower and provisions zoe
down for pork, unchanged for lard and
21zG5c lower for ribs.
With half-hIled pit )colorless news
and conjectures, and a certain amount
of draggy liquidation, the trade in wheat
furnished a good antithesis for excite
ment. The market was, decidedly fat
and uninteresting. September opened a
shade over yesterday, at 74Xq741sc,
principally in sympathy with corn. Liv-
erpool was merely steady for futures and
easy for spot. Paris, after holiday,
was off equal to 1c. There was no cash
demand to speak of; outsiders had ap-
parently forgotten that this market ex-
listed and the scalper alone piled his
little trade most of the session. Bull
traders made an attempt at the start
to hold the market, but they met no
support. One interest threw half
million into the pit and the market slid
off. This bundle being disposed of, wheat
in smaller lots came tumbling in and as
result September, after being checked
for a moment on the falling off In west
ern receipts, finally sagged to 734s01324c.
The close was weak September 1 cent
lower at 73%c. Seaboard clearances were
equal in wheat and -four TO 10000 bush
els. New oYrk reported q loads taken
for export. Primary receipts were $685.
900 bushels, compared with 52S last year.
Minneapolis and Duluth reported az cars,
against 233 last week and 217 year ago.
T 1ir&- 80 - 1f
contract grade.
There was more nervous than activity
about the corn market Country ac-
ceptances were light and. taken as a
whole, the tone was firm. Kansas was
still in the grasp of a hot wave, but the
small stock, the light country accept
ances and the possibility of a squeeze
delivery day were the chief considera-
tons and provided the nervous feeling.
Liverpool was firm. September opened
firm, 3sG5sc higher, at 3SS93s1sc, sold to
$685. and later, partially in sympathy
with wheat, dropped back to 3S7sc, at
which the market closed, &c over yester-
day. Receipts were los cars. The cash
business was smaller and New York
reported only IS loads taken for export.
Oats were quiet, but steady, helped by
the corn frmness and the buying of all
influential trader yesterday. Trade was
principally in the way of changing Sep
TENDER contracts to October. Receipts
were 294 cars. September sold between
221sc and 217sc, closing a shade lower.
at 217sd2c.
Provisions were dull and irregular,
pork weak, lard steady and short ribs
easy. Lard was in good demand by cash
people and furnished support to other
product, but pork was unable to with
stand the selling pressure of packers.
pork sold between 81. 571k and
81. 80, and closed 2oc lower. at .35;
lard between $3.50 and s66712,
closing unchanged at s6.e5. and Septem-
Der ribs between s6.9O76 921a and Sc S21&,
with the close 2la65c down, at $5.S5
Estimated receipts tomorrow: Wheat,
325 cars; corn, AS; oats, 365; hogs, 20,COJ
head.
GRAIN AND PRODUCE MARKETS.