The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-05-29
MARKETS ALL Q()|ET
July Wheat Affected by
Weather and Unchanged.
CLOSES HALF-CENT UNDER
Corn Up; Oats Down and Pro-
visions the Visible.

Chicago. May 2s.-The grain and pro-
visions markets were quiet today. Wheat
was easy early on predictions Of rain in
the northwest tonight, and on favora-
BILE crop advices from the southwest,
but steadied later on decrease in the Wis
ible. July closing &c under Saturday.
Corn closed &c up, and oats &c reduced.
The provisions market closed unchanged.
When the session began wheat was af-
fected by the fact that the northwestern
states were generally without rain they
have been clamoring for, and by the
steadiness of cables Reports from the
southwest were favorable, but this did
not prevent July, which had opened &c
lower at 663kc. from advancing to 674
674sc. Later the weather prognosticators
said there was a pToba bility of showers
in the dry section tonight, and the sell
ing thus caused sent July back to 6615c.
The market steadied at this point on
| covering by shorts. and later. upon the
| announcement that the European visi-
bic had decreased ?, $4,000 bushels and the
domestic visible 1,50S, 900 bushels, recover
ed to 665zG67c. The close was steady,
1sc under Saturday at 667sc. The cash
demand was slack and speculative trade
slow throughout the session. New York
reported 20 loads taken for export.
Clearances in wheat and flour from the
seaboard were equal to 100000 bushels.
Primary receipts were $4,000 bushel IS,
compared with $4,000 bushels last year.
Minneapolis and Duluth reported 757 cars
against 1856 last week and 923 year ago.
Local receipts were 9SS cars, one Of con-
tract grade.
The corn market was quiet and easy
the greater part Of the session. Cables
were weak, western farmers offerings
larger and the weather favorable. Local
receipts, GIG cars. were liberal enough 10
add 10 the bearish feeling. During the
afternoon, however, the market steadied
on the visible decrease of 2,540,000 bush
els. July sold between &c and 3612c, and
closed &c over Saturday, at &c. The
cash demand was reported slack, though
New York reported 10 loads taken for
export.
Oats were easy and dull in a specula-
tive way. The market was influenced by
corn, but near the end did not recover
as well as did the coarser cereal. There
WIS a fair shipping demand. Receipts
here were 490 cars. July sold between
ZINC and 21c, closing a shade down, at
| 21I5021Hc.
The provisions market opened lower on
liberal hog receipts, q lower market at
at Liverpool. Packers were fair buyers,
and during the session nearly all the
opening loss wa. recovered. July pork
sold between Sl1171k and 1882 and
closed PIC under Saturday at 81 90; July
lard between S6.75 and Sc. s21k, closing IN
changed at ss.S21z and July ribs between
SC 40 and Sc. 5Olt6 .521k, with the close IN
changed at S.. 90
Estimated receipts tomorrow: Wheat,
so cars; corn, 6S5; oats, $50; hogs, $1,000
head
VISIBLE GRAIN SUPPLY.
New York. May 2S.-The visible supply
of grain Saturday, May &c, as compiled
by the New York Produce Exchange. is
as follows: Wheat, 44755. 900 bushels; de-
crease 1,5O9 900; corn 12,6S7,000, decrease
$4,000 oats 6.7S6.OO0. increase 400, go;
rye 10000, decrease 51OO0; barley 81
! increase H.
MARK LANE CROP FIGURES.
London, May 2S.-The Marke Lane Ex-
press IN its review Of the crop situation
/ today, says: Wheat has improved, but
cats and barley are less promising than
| for many seasons. French crops are
three weeks late In Austria, Hungary,
Russia, Turkey, Greece and Persia, wheat
and barley are satisfactory. In Italy the
average will not be exceeded. Spain ex-
poets a good wheat crop"