The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-01-24
MY 81 GENT HIGHER
On the Paris Advance and
LiverpooPs SteadinesS.
CORN 1-8a1-4 CENT UP
Oats Unchanged = Provisions
Unchanged to Lower.

Chicago, Jan. 23.-The Paris advance
and the steadiness of Liverpool were the
main factors in the strength Of fairly
active wheat market today, May closing
&c over yesterday. Corn closed sqAc
higher and oats unchanged At the close
provisions were unchanged to 212Q5 cents
lower.
May wheat opened 1sQAc- under yester-
days close, at 669s G6619c, actuated by an
initial decline at Liverpool of sd. The
dip was only momentary, as the English
market steadied early and Paris showed
another advance. Trade was active, for
eigners and influential locals were good
BUYERS and professional traders covered
lines let out early. May advanced to
&C. where for some time the market
ruled firm, but rather dull. Later
spasm of profit-taking depressed the
price of May to 66&sG6612c, but sharp
recovery followed, as outside markets
were firm, primary receipts light and
cIearances liberal The northwest was
a good buyer at this stage of the ses-
sion. May advanced to 67Q67Hc, and
closed strong, &c over yesterday, at SIC.
On the advance, trade was again fairly
active. Local receipts were 100000 bush
els, against 638, coo last year. Minneapolis
and Duluth reported Us cars, compared
with 296 last week and 5S7 a year ago.
Receipts here were As cars, one of con-
tract grade. Atlantic port clearances in
wheat and -four were equal to 604, 900
bushels Minneapolis reported some i'm
provement in demand for cash wheat.
Corn was dull throughout the session
and inclined to be heavy, but the strength
of wheat had a steadying effect and near
the end influenced enough buying to re-
suit in a gain over last night. Country
offerings were reported little freer and
the weather was regarded as favorable
to the movement. The heavy clearances
at the seaboard, $4,000 bushels, was an
encoura cement to the bulls, although
721 900 bushels of 1t was from New Or
leans alone. The shipping demand was
slow, but some business was transacted.
Receipts here were $50 cars. May ranged
from 327s to 3314c, closing 1sG14c up, at
22Kc.
The trade in oats was light and the
tone generally weak, but the strength of
wheat boosted the market near the close
to a level with yesterdays final figures.
The first hour was fairly active and,
actuated by the depression of corn, there
was SOlDt COuLllS SCiAlilS- OOAAAS A4CANAAAoS
also came out on stop-loss orders. After
that the market was quiet. Receists
here were 800 cars. May sold from 2314c
to 231lc. closing unchanged at 2319c.
With receipts of hogs under the esti
mate, the weakness of provisions was
particularly disappointing to the bulls.
Prices at the yards, however, were rather
weak. The market opened easy and
trife lower, but steadied for a time. La
ter influential selling, principally Of May
pork and lard, caused weakness, light
offerings of ribs holding that product
steady The close was fairly steady
little over the bottom. May pork CLOSED
21a05c under yesterday, at 80. S2i2; May
lard shade depressed at Sc. O0d6. 021a; and
May ribs unchanged at $5.7712
Estimated receipts tomorrow: Wheat,
% cars; corn, 1876; oats, 40; hogs, $500
head.
BRADSTREET'S VISIBLE.
New York, jan 23.-Specfal cable and
telegraphic communications 10 Brad
streets show the following changes in
available supplies, as compared with last
accounts:
Wheat-United States and Canada east
of the Rockies, increase $4,000 bushels;
liverpool Corn Trade News); afoat for
and in Europe, decrease 100000 bushels;
total supply, decrease l,-04,VVO ouSnelS.
Corn-United States and Canada east
OF the Rockies, increase 10000 bushels.
Oats-United States and Canada. east
of the Rockies, increase 412, 600 bushels.
Among the more important .creases
reported not given in the official visible
supply statement are those of 500 900 bush
els at northwestern interior elevators,
$4,000 bushels at Chicago private elevators
and $1,000 bushels at Akron.
The principal decreases are those Of
219. 900 bushels at Milwaukee private ele-
vators, 5000 at Portland, Maine, and co..
300 bushels at Manitoba storage points.
The aggregate stock of wheat held at
Portland, Ore, and Tacoma and Seattle,
Wash, decreased 81 1000 bushels last week.