The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-04-18
NAS DILL IND HEAVY
Pretty Nearly Everything Was
Against Wheat
C0RN'S SLUMP INCLUDED
Big Provision Trade, Pork
Being the Feature,
C0RN'S SLUMP INCLUDED

Chicago, April r.---The wheat market
was dull and heavy, Influenced by the
corn break, increased liquidation, the
rain and a slack demand. closing CSC I'M
der yesterday. The corn market dropped
lie from its price at the close yesterday
irregularly, pork 171ac up; lard 217o higher
and ribs unchanged to 21zc down.
Wheat began the day dull and easy.
There was no encouragement IN cables,
the rains continued to be regarded as IA
vorable to hte crop and cash people re-
ported nothing doing. The long stuff soon
began to come out more literally, part
of 1t because 1t had to be sold and some
in sympathy with the slump in corn. At
times the pit was well-night deserted.
The liquidation was not in large lots, but
the small lots came in plentifully, meet
/ ing anything but an urgent demand. The
excellent report of the condition OF the
crop in Kansas was probably a considera-
ton with some for while there were diff
ferences of opinion as to the size of the
crop, reasoning from the official figures
as to percentage and acreage, it was gem
orally admitted that II would be liberal.
Bradstreet's figures showing decrease in
the worlds visible of 2,373 600 bushels
caused a momentary check in the de-
cline--but only a momentary one At
lantic port clearances in wheat and -four
were equal TO AT, 600 bushels. Primary
receipts were $4,000 bushels, compared
with 277,000 bushels last year. Local re-
ceipts were 81 cars, of contract grade
May opened a shade lower, at 665s d662tc
and sold down to 661zc, closing at that
figure, sc under yesterday. July opened
a shade down at CSC to 677sc, sold down
to 673sq6712c, and closed 5sc depressed at
671zc.
The corn market was dull and weak.
The demand in every way was slack ana
the fear developed yesterday that the
rains would retard seeding and moving
present stores. was apparently forgotten
During the first hour the feeling was
heavy, but there was almost nothing do
ing. At the end of that time the long
stuff began to come into the pit and as
the liquidation was continued the re-
rnainder OF the session, though in rather
small lots, the price suffered. Liverpool
was strong, but this was reflected in the
local market at the opening by a gain of
only shade. Receipts here were Cos
cars. May ranged from 39% to 1850 and
closed weak, 1c under yesterday, at S05sc.
July sold from 1880 TO 3914c, and closed
1c down, at 39ssG391zc.
There was a big provision trade, the
feature of which was pork. Hogs were
higher and receipts only Il 900 head. There
was a good general demand and shorts
cav fit to cover. Lard and ribs relin-
Quished some of their early gains, but
closed steady, while pork although there
was dip from early bulge, recovered
and closed strong. May pork closed 22I2
cents over yesterday at $500; July 1712c
up, at 10; May lard 21ac improved, at
$3.50; July lard 21sc better, al 81 BIZ; May
ribs unchanged at N.22i2; July ribs 2lac
lower, at 81. 20ll'7. 2212.
There was a continuance Of the May
liquidation In oats which has been under
way for several days and, helped by the
weakness around it, the market closed
weak. The cash demand was slow. May
closed sc lower, at 23hc; July &c down,
at 231sc.
Estimated receipts tomorrow: Wheat,
IS ears; corn, 30 cars; oats, 145 cars;
hogs, $500 head.
BRADSTREETS VISIBLE
New York, April 17.-Special cable and
telegraphic communications to Brad
streets shows the following changes in
the available supplies from the last ac-
count:
Wheat-United States and Canada east
Of the Rockies, decreased 1913 eco bushels
liverpool Corn Trade News ahoat for
and in Europe, decrease 1.10O,000 bushels;
total supply decrease, 2,373,0O0 bushels.
Corn-United states and Canada, east
of the Rockies, increase $4,000 bushels.
Oats-United States and Canada, east
OF the Rockies, increase $4,000 bushels.
Among the more important decreases
reported to Bradstreet's, not given in
the official visible supply statement. are
those Of 10000 bushels at northwestern
interior elevators: $4,000 bushels at Man
itoba storage points, 80, 600 bushels at De-
pot Harbor; $1,000 bushels at Sioux Falls,
1890 bushels at Portland, Maine, and
Il 600 bushels at East Dubuque
The principal increases are those OF
10000 bushels az Port Huron, $4,000
bushels at Milwaukee private elevators
and 5000 bushels al Chicago private ele-
vators.
The aggregate stock Of wheat held at
Portland Ore, and Tacoma and Seattle,
Wash, decreased 1850 bushels last week.