The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-08-08
IT'S WEATHER SILL
Wet in England and Alleged
Hot in Kansas.
WHEAT Is 3-4a7-8 UP
All the Other Markets on the
Up Grade.
is 3-4a7-9 UP

Chicago, Aug 7.-Today's brain mar
kets were again largely Influenced By
weak conditions here and abroad. Wheat
closed at an advance of &.7sc, the factor
being the sharp advance at Liverpool
occssoned by the wet weather in Eng
land. Corn advanced z93sc, Influenced
by the hot winds, which are playing
havoc with the crop. Oats advanced Nc
and provisions scored 21zc advance all
around.
At the opening N wheat, and for a
few minutes after, an exceedingly lively
business was done, compared with The
almost utter stagnation of recent ses-
sions. Early quotations from Liverpool
furnished q big surprise to local traders,
| showing an advance in that market Of
! 1A417sd. The advance was said to be
due to exceptionally bad weather all
over the United Kingdom, greatly in
terfering with harvesting operations.
Opening quotations in September ranged
from about sc TO a full cent over yes
| terdays closing price. the range being
from 7sh TO 7617c. But there the advance
stopped and it took but a few MINUTES
OF the heavy realizing which started at
once to force prices back quite materi-
ally. Offerings for some time were
heavy, long wheat coming out in large
quantities, principally from local hold
ers. though houses with foreign con-
nections were also prominent in the sell
ing. There are apparently plenty Of
buying orders on the market al 76c and
under. and the market was not often
allowed to go below that figure up TO
the noon hour, the lowest point touch
ed up TO that time being 757sc. After
noon the market which had gradually
become extremely dull. became heavy
also. The crowd was evidently long and
the market declined to 7524c, mostly from
its own weight. Shortly before the c,ose
reports of liberal export sales gave a.
better tone to the market, and prices
recovered somewhat, September advanc-
ing to 76Ac bid. That was the price at
the close Northwest receipts were 30
cars, compared with 3N last week and
l99 year ago. Chicago receipts were
$50 cars, 6S of contract grade. TOTAL prl-
mary receipts were $500 bushels,
against $1,000 bushels a year ago. The
worlds visible supply increased 1.476,C01
bushels. according to Bradstreet's, about
what the trade had been looking fcr.
New York export engagements were 80
leads. Seaboard clearances OF wheat and
-four were put at 275,eoo bushels.
Corn was dull for the most part, but
firm at all this. The market opened
strong and higher on the continued hot
weather in the west. which was reported
to be doing great damage to the crop.
Offerings at no time were heavy and the
market easily absorbed them. Country
acceptances We're light and the shipping
demand quiet. Receipts were 80 cars.
September ranged from ISIS to 3SIkG3S1<c,
and closed %97kc higher. at 3s11q5s5sc.
Oats were quiet. but steady, at I small
advance over yesterday, traders being in
fuenced principally by the strength de-
veloped IN other grain markets. fea-
ture was the entire absence Of COM
try selling and most Of the buying or
ders were from that source. Receipts
were heavy. rs cars. September ranged
from 21%c 10 &c, and closed &c higher
at 217s to &c.
Provisions were steady. with a fair
general trade, with packers the best buy
ers. There was some outside demand,
influenced by the govern
ment demands for meats. There were no
new disturbing developments as regards
the yellow fever outbreak. The cash de- /
mand was excellent and had cons dera- !
bic influence on trading. At the close /
September pork was 21;c higher ct /
81 S71s: September lard &c fioher al
IS. IS. and September ribs 21zc higher at |
s.. 1517.17t5c.
Estimated receipts Wednesday: wheat !
lso cars; corn, 155; oats, 325; hogs, 400 /
head.
BRADSTREETS VISIBLE.
New York, AUG. Special cable and |
Geographic communica ton TO Brad !
streets show the following changes IN |
the supplies from the last account:
Wheat-United States and Canada east !
Of the Rockies decrease 1880.
Oa-s-United States and Canada east /
IF the Rockies. decrease 6S4 co bushels.
The heading increases reported exc,u- /
sively to Bradstreet's are those Of 235 090 /
bushels at Chicago private elevators; /
rs 900 bushels at Louisville: &. 0o1 bushels (
L Fulton. and 5000 bushels each ct /
Fort Worth and Chattanooga.
The leading decreases include 1890 !
bushels at Coteau. 81 IN bushels at St /
Joseph, and 5a,o1O bushels az East St
Louis.
Stocks OF wheat az Portland, Oregon.
md Tacoma and Seattle. Washington,
decreased $500 bushels last week